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Independent Oil Gas
Independent Oil and Gas Company (BBCC) is a publicly traded company that explores, acquires, develops, and produces oil and natural gas properties. The company is listed on the OTCQB marketplace, which is run by OTC Markets Group, and trades under the ticker symbol BBCC.
Here are some key fundamentals and metrics of Independent Oil and Gas Company (BBCC):
1. Market capitalization: As of March 2023, BBCC has a market capitalization of around $14.73 million.
2. Revenue and Earnings: For the nine months that ended September 30, 2 B22, the company reported net revenues of $1.1 million and a net loss of $25.5 million.
3. Stock Performance: As of March 2023, BBCC's stock price is $0.0161 per share, up from its 52-week low of $0.0035 but down from its 52-week high of $0.0474. Its market capitalization is $14.73 million, and its beta is 4.49.
4. Business Operations: Independent Oil and Gas Company (BBCC) focuses on acquiring, exploring, and developing oil and natural gas properties. Its properties include those in Texas, Oklahoma, and Louisiana.
5. Growth Prospects: The company's growth strategy aims to increase its oil and natural gas reserves, production, and revenue through property acquisitions, exploration, and development activities. It also seeks partnerships, joint ventures, or farm-out agreements with other companies to expand its operations.
6. Ownership Structure: Institutional investors hold 11% of Independent Oil and Gas Company (BBCC) 's outstanding shares, while insiders hold roughly 31%.
7. Valuation: The company's price-to-earnings ratio is N/A, and its price-to-book ratio is 1.37. Its market capitalization is $14.73 million.
In summary, Independent Oil and Gas Company (BBCC) is a small-cap publicly traded company focusing on oil and natural gas exploration, acquisition, development, and production. Its properties are based in Texas, Oklahoma, and Louisiana. BBCC has reported net revenues and a net loss for the nine months that ended September 30, 2022. Its stock price has fluctuated, and its market capitalization is relatively low. The company's growth strategy involves acquiring, exploring, and developing new properties.