OverviewSuggest Edit

Arete Industries, Inc. is an independent oil and gas company. The Company is engaged in the acquisition and development of oil and natural gas reserves through a program, which includes purchases of reserves, re-engineering, development and exploration activities primarily focused in Wyoming, Kansas, Colorado and Montana. Its segment includes the exploration, development and production of natural gas and crude oil.
TypePublic
Founded1987
HQWestminster, US
Websiteareteindustries.com

Locations

Arete Industries is headquartered in
Westminster, United States

Location Map

Latest Updates

Revenue (FY, 2016)$974.5 K(+3%)
Share Price (Sept 2020)$0.1
Cybersecurity ratingAMore

Key People/Management at Arete Industries

Nicholas L. Scheidt

Nicholas L. Scheidt

CEO
Charles B. Davis

Charles B. Davis

Director and Chief Operating Officer
Tristan R. Farel

Tristan R. Farel

CFO
William W. Stewart

William W. Stewart

Director and Assistant Secretary
Robert McGraw

Robert McGraw

Director
Randall K. Arnold

Randall K. Arnold

Director
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Arete Industries Office Locations

Arete Industries has an office in Westminster
Show all (1)

Arete Industries Financials and Metrics

Arete Industries Revenue

Arete Industries's revenue was reported to be $974.48 k in FY, 2016
USD

Revenue (Q3, 2017)

265.2k

Net income (Q3, 2017)

(62.5k)

EBIT (Q3, 2017)

(61.1k)

Market capitalization (17-Sept-2020)

1.5m

Closing stock price (17-Sept-2020)

0.1

Cash (30-Sept-2017)

67.9k
Arete Industries's current market capitalization is $1.5 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.5m2.8m2.6m2.6m953.0k974.5k

General and administrative expense

83.9k59.7k72.8k74.6k41.2k

R&D expense

325.0k

Operating expense total

408.9k59.7k72.8k74.6k41.2k
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

1.1m481.4k645.1k458.7k516.3k692.3k660.2k749.3k665.2k270.7k508.3k253.7k183.1k278.2k240.1k249.4k227.0k265.2k

General and administrative expense

29.2k23.1k21.4k19.2k3.7k21.8k19.3k18.1k19.2k25.3k20.7k15.2k8.0k10.1k8.2k8.1k8.1k

Operating expense total

29.2k23.1k21.4k19.2k3.7k21.8k19.3k18.1k19.2k25.3k20.7k15.2k8.0k10.1k8.2k8.1k8.1k

Depreciation and amortization

142.0143.0142.0143.0142.0143.0143.0
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

219.6k6.9k476.3k30.8k521.7k171.4k

Accounts Receivable

15.6k61.2k2.4k78.3k

Prepaid Expenses

207.3k61.0k38.2k34.2k32.6k3.0k

Current Assets

607.8k217.2k746.9k246.9k661.8k188.4k
Quarterly
USDFY, 2011

Financial Leverage

1.4 x
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Arete Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

Arete Industries Online and Social Media Presence

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Arete Industries Frequently Asked Questions

  • When was Arete Industries founded?

    Arete Industries was founded in 1987.

  • Who are Arete Industries key executives?

    Arete Industries's key executives are Nicholas L. Scheidt, Charles B. Davis and Tristan R. Farel.

  • What is Arete Industries revenue?

    Latest Arete Industries annual revenue is $974.5 k.

  • Who are Arete Industries competitors?

    Competitors of Arete Industries include Gulfport Energy, Ovintiv and Spindletop Oil & Gas Co..

  • Where are Arete Industries offices?

    Arete Industries has an office in Westminster.

  • How many offices does Arete Industries have?

    Arete Industries has 1 office.