Vmbook Online ordering
Diversified Investments
LDH Energy Inc. (LDHL) is a publicly traded company that is listed on the Over-the-Counter (OTC) market in the United States. The company is focused on the acquisition and development of oil and gas properties, primarily in the Gulf Coast region of the United States.
In terms of financial performance, LDH Energy reported revenue of $4.7 million for the year ended December 31, 2020, representing a decrease of 14.1% compared to the prior year. The company reported a net loss of $2.5 million for the year ended December 31, 2020, compared to a net loss of $2.1 million for the prior year.
As of December 31, 2020, LDH Energy had total assets of $17.3 million and total liabilities of $4.2 million, resulting in stockholders' equity of $13.1 million.
It is important to note that LDH Energy is a smaller company with a limited operating history and a relatively low level of revenue and assets compared to larger, more established companies. As a result, the company may be subject to greater volatility in its financial performance and stock price.
In summary, LDH Energy is a company focused on the acquisition and development of oil and gas properties in the Gulf Coast region, with revenue of $4.7 million and a net loss of $2.5 million in 2020. The company's financial performance and stock price may be subject to greater volatility due to its size and operating history. As always, potential investors should carefully consider the risks and uncertainties associated with any investment.