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Petro River Oil Corp
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Petro River Oil Corp is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "PTRC". It is an independent oil and natural gas exploration and production company that focuses on acquiring, exploring, developing, and producing oil and natural gas properties in the United States.
Here are some key details about Petro River Oil Corp:
* Industry: Energy
* Sector: Oil and Gas Exploration and Production
* NYSE Ticker Symbol: PTRC
* Headquarters: Tulsa, Oklahoma, United States
* Founded: 2013
* Total Employees: 70
* Revenue (2020): $176.2 million
* Net Income (2020): $24.6 million
* Market Capitalization: Around $282.7 million (as of March 2023)
Petro River Oil Corp's operations are primarily focused in the Mid-Continent region of the United States, with assets located in Oklahoma, Texas, and Kansas. The company's strategy is to identify and acquire undervalued oil and gas assets, optimize their production, and sell the production at a profit. They also aim to minimize risk by diversifying their assets across multiple basins and utilizing hedging strategies.
As a publicly traded company, Petro River Oil Corp releases regular financial reports that provide insights into its financial performance and operations. The company's financials can be found on the Securities and Exchange Commission's (SEC) website or on the company's investor relations page.
Please note that the information provided is based on publicly available data and may not reflect the company's current financial situation. It's always recommended to do your own research, consult financial reports, and consider expert opinions before making investment decisions.