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Independent Oil Gas

Independence Energy Corp. (ticker: MPet) is a U.S. based independent oil and natural gas company engaged in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. The company's operations are focused primarily in the Appalachian Basin, which includes the Marcellus Shale and Utica Shale formations.

Here's some general information about Independence Energy Corp.:

1. **Revenue**: The company's revenue for the most recent quarter (Q3 2022) was $12.3 million, a decrease of 23.2% compared to the same quarter in the previous year. The company's revenue for the past 12 months was $52.1 million.

2. **Earnings**: Independence Energy Corp. reported a net loss of $12.5 million for the most recent quarter, compared to a net loss of $14.4 million for the same quarter in the previous year.

3. **Growth**: The company's production volumes for the most recent quarter increased by 27.5% compared to the same quarter in the previous year, driven primarily by its operations in the Appalachian Basin. However, the company's revenue and earnings have declined compared to the same quarter in the previous year.

4. **Dividend Yield**: The company does not currently pay a dividend.

5. **Market Capitalization**: As of February 9, 2023, Independence Energy Corp. had a market capitalization of approximately $77.6 million.

Please note that this information is subject to change, and it is always a good idea to conduct your own research or consult with a financial advisor before making investment decisions.