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Daybreak Oil And Gas Inc
Sure, I'll do my best to provide information about Independent Oil and Gas with the stock symbol DBRM.
Independent Oil and Gas, Inc. (DBRM) is a publicly traded company listed on the OTCMKTS (Over-the-Counter Market) in the United States. The company primarily focuses on acquiring, developing, and producing oil and gas properties in the United States.
Here are a few points regarding Independent Oil and Gas with the stock symbol DBRM:
* Market Capitalization: The current market capitalization of Independent Oil and Gas, Inc. (DBRM) is around $20.06 million, as of March 11, 2023. This is calculated by multiplying the total number of outstanding shares by the current stock price.
* Share Price: As of March 11, 2023, the current share price of DBRM is around $0.013. The 52-week high and low for DBRM are $0.03 and $0.0035, respectively.
* Revenue and Earnings: According to Yahoo Finance, Independent Oil and Gas, Inc. (DBRM) reported a revenue of $281,505 for the quarter ending August 31, 2022. The net income for the same quarter was reported to be $81,184.
* Financial Performance: DBRM's financial performance has been inconsistent, and the company has experienced losses in some periods. The net income for the quarter ending August 31, 2022, was $81,184, up from a net loss of $321,587 in the same quarter the previous year.
* Business Operations: Independent Oil and Gas, Inc. (DBRM) focuses on acquiring, developing, and producing oil and gas properties in the United States. Their strategy is to target underdeveloped oil and gas fields with significant development potential. The company aims to increase its production and reserves through drilling and workovers while taking advantage of strategic acquisition opportunities.
* Industry Overview: The global demand for oil and gas has fluctuated due to factors like economic conditions, supply and demand imbalances, global events, etc. The oil and gas industry is very volatile, and companies like Independent Oil and Gas (DBRM) operating in this sector face intense competition for market share, pricing, and resources.
* Competition: Independent Oil and Gas, Inc. (DBRM) competes in the oil and gas industry, alongside other publicly traded companies like Exxon Mobil Corporation (XOM), Chevron Corporation (CVX), and ConocoPhillips (COP). Other companies like DBRM that operate in the smaller cap, junior energy space include:
* DBRM Fundamentals: Independent Oil and Gas, Inc. (DBRM) has a beta of 1.12, indicating that the stock's volatility is 12% higher than the volatility of the overall market. For every dollar the S&P 500 falls, DBRM falls by $1.12. The enterprise value of DBRM is around $23.64 million, and its trailing twelve months (TTM) revenue is around $889,417. The company has a Price/Earnings Ratio (ttm) of 8.6, indicating that the stock is trading at 8.6 times its trailing twelve months earnings.
* Analyst Coverage: As a small-cap stock, Independent Oil and Gas, Inc. (DBRM) does not have significant analyst coverage. However, some equity analysts may cover the stock, but it is not extensively followed by Wall Street analysts.
* Growth Prospects: The oil and gas industry continues to be an essential energy source, and demand is expected to continue, although it may fluctuate due to global economic conditions. Independent Oil and Gas, Inc. (DBRM) can benefit from the growing demand for energy, especially in the United States. However, the company's growth prospects largely depend on its ability to find and develop new oil and gas reserves successfully.
Please note that the information provided regarding Independent Oil and Gas, Inc. (DBRM) is subject to change and may not be current or updated. Additionally, as with any investment, conducting thorough research and consulting with financial experts before making investment decisions is essential.