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Independent Oil Gas

Independence Energy Corp. (SDR) is a US-based independent exploration and production company engaged in the acquisition, exploration, and development of oil and natural gas properties in the Texas Gulf Coast and Louisiana Gulf Coast areas in the United States.

Regarding financials and growth, here are some key points to consider:

1. Revenue: SDR's revenue has been volatile over the past few years, with a slight downward trend. In 2020, the company reported revenue of $11.9 million, down from $15.3 million in 2019.

2. Net Income: SDR has reported negative net income for the past three years, with a net loss of $3.4 million in 2020, $2.4 million in 2019, and $3.0 million in 2018.

3. Earnings Per Share (EPS): SDR's EPS has also been negative for the past three years, with a loss per share of $0.11 in 2020, $0.09 in 2019, and $0.12 in 2018.

4. Cash Flow: SDR's cash flow from operations was positive in 2020, at $1.9 million, up from a negative $0.9 million in 2019.

5. Growth: SDR has been focusing on expanding its asset base and increasing production through acquisitions and development of new wells. In 2020, the company added several new wells and increased its production by 11% compared to 2019.

It's important to note that SDR is a small-cap stock and is subject to significant volatility and risk. Investors should carefully consider the company's financials, growth prospects, and industry conditions before making an investment decision. It's also recommended to consult with a financial advisor or conduct further research before making any investment decisions.