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Black Ridge Oil & Gas

OverviewSuggest Edit

Black Ridge Oil & Gas engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. The company, along with its capital providers, is aggressively seeking to acquire oil and gas assets throughout the major U.S. onshore basins.
TypePublic
HQMinneapolis, MN, USMap
Websiteblackridgeoil.com

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Latest Updates

Employees (est.) (Dec 2019)5(-28%)
Revenue (FY, 2019)$466.6 K
Share Price (Jan 2021)$5.4 (-6%)
Cybersecurity ratingBMore

Key People/Management at Black Ridge Oil & Gas

Ken Decubellis

Ken Decubellis

Chief Executive Officer, Interim Chief Financial Officer
Bradley Berman

Bradley Berman

Chairman of the Board
Michael Eisele

Michael Eisele

Chief Operating Officer
Joseph Lahti

Joseph Lahti

Independent Director
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Black Ridge Oil & Gas Office Locations

Black Ridge Oil & Gas has an office in Minneapolis
Minneapolis, MN, US (HQ)
110 N 5th St
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Black Ridge Oil & Gas Financials and Metrics

Black Ridge Oil & Gas Revenue

Black Ridge Oil & Gas's revenue was reported to be $466.60 k in FY, 2019
USD

Net income (Q2, 2020)

716.8k

EBIT (Q2, 2020)

(445.5k)

Market capitalization (14-Jan-2021)

14.7m

Closing stock price (14-Jan-2021)

5.4

Cash (30-Jun-2020)

651.6k

EV

14.4m
Black Ridge Oil & Gas's current market capitalization is $14.7 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.9m6.0m9.1m29.4m20.2m1.0m1.0m466.6k

Revenue growth, %

223%(31%)(95%)

General and administrative expense

1.9m3.5m2.3m2.9m3.0m2.5m2.4m2.6m3.1m

Operating expense total

1.9m3.5m2.3m2.9m3.0m2.5m2.4m2.6m3.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

250.6k900.5k666.2k1.4m2.3m1.9m2.2m2.5m3.7m4.4m7.6m4.4m3.9m7.5m2.6m49.5k500.0k500.0k500.0k153.3k

General and administrative expense

489.1k474.6k713.9k1.2m1.0m603.6k586.9k524.8k770.8k634.1k690.2k810.0k730.4k754.8k850.3k614.7k600.0k644.9k602.9k569.2k642.4k557.2k544.4k697.4k661.1k3.2m417.3k445.1k

Operating expense total

489.1k474.6k713.9k1.2m1.0m603.6k586.9k524.8k770.8k634.1k690.2k810.0k730.4k754.8k850.3k614.7k600.0k644.9k602.9k569.2k642.4k557.2k544.4k697.4k661.1k3.2m417.3k445.1k

Depreciation and amortization

5.8k7.9k8.2k8.2k4.3k4.0k4.0k3.9k3.5k3.5k3.1k2.6k2.6k2.6k2.6k2.5k443.0180.0131.0271.0379.0
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.4m1.4m1.2m94.7k228.2k66.3k1.5m1.5m108.8k

Accounts Receivable

673.0k856.2k1.9m5.7m5.0m1.6k13.0

Prepaid Expenses

92.6k1.4m26.1k41.4k37.1k68.8k53.9k47.2k

Current Assets

4.5m6.2m4.3m9.4m6.5m153.9k1.6m1.6m156.4k
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

2.2m3.2m1.5m872.3k1.8m1.4m1.6m5.1m60.6k84.4k28.2k97.8k214.6k58.6k220.0k1.0m57.4k137.0k47.3k4.7m976.1k413.1k2.1m826.5k268.1k64.6k52.1k651.6k

Accounts Receivable

258.5k978.1k423.7k1.2m13.2m1.1m1.8m2.1m3.1m4.7m3.1m3.4m4.1m3.9m570.0574.077.0173.0

Prepaid Expenses

167.5k121.7k94.1k93.1k25.5k77.0k29.4k30.8k34.6k42.0k72.1k38.2k46.4k49.1k67.6k91.6k61.2k40.1k94.5k98.7k116.5k100.4k108.1k24.8k38.6k24.9k

Current Assets

2.9m4.6m4.1m4.3m15.0m5.1m7.4m11.0m5.5m7.4m6.2m7.4m7.4m6.7m6.7m1.1m149.0k198.5k93.5k4.8m1.1m513.6k2.3m927.0k376.4k270.6k90.7k5.7m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(2.5m)4.9m(402.7k)4.4m(70.3m)29.9m(392.5k)(344.0k)4.1m

Depreciation and Amortization

14.0k24.2k24.0k29.1k16.3k14.3k10.8k9.5k872.0

Accounts Payable

73.2k347.7k164.5k426.6k80.5k(1.4k)69.6k89.3k3.8k

Cash From Operating Activities

(337.0k)15.0m6.1m8.9m15.6m3.0m(792.3k)(187.9k)(9.7m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(466.2k)(804.4k)(760.9k)(1.4m)2.0m313.8k16.5k(207.2k)(381.6k)(924.9k)265.8k(1.3m)(19.9m)(48.9m)(7.9m)30.2m30.1m(152.7k)(258.2k)(838.7k)(633.0k)(1.2m)438.4k(670.3k)(1.3m)9.9m(2.6m)(1.9m)

Depreciation and Amortization

6.1k9.0k6.9k12.6k18.4k5.8k1.6m17.5k7.9k16.1k24.3k4.3k8.3k12.3k3.9k7.4k10.8k3.1k5.7k8.3k2.6k5.1k7.7k443.0623.0754.0271.0650.0

Accounts Payable

(76.7k)187.1k122.9k44.7k2.1m952.0(14.8k)(217.0k)252.3k203.2k223.8k110.5k36.3k153.0k89.5k87.9k(3.0k)17.3k47.4k50.1k65.5k1.4k16.7k(74.5k)(15.1k)16.5k45.6k57.5k

Cash From Operating Activities

(651.1k)(1.0m)498.1k106.0k334.5k594.9k1.0m1.8m877.0k2.0m6.4m3.6m5.5m13.8m(258.4k)3.9m2.9m68.6k146.5k(246.7k)(500.9k)(1.2m)473.4k(771.8k)(2.1m)(9.8m)(321.7k)(682.9k)
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USDQ2, 2011

Financial Leverage

1.3 x
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Black Ridge Oil & Gas Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

Learn more about our premium products
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Black Ridge Oil & Gas Online and Social Media Presence

Black Ridge Oil & Gas's Trends

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Black Ridge Oil & Gas Blogs

October 06, 2020

Black Ridge and S-FDF, LLC Finalize Transaction

Announce New Board Members and Interim CFO IRVING, TX / ACCESSWIRE / October 6, 2020 / Black Ridge Oil & Gas, Inc. (the "Company" or "Black Ridge") (OTCQB:ANFC) has finalized its previously announced transaction with S-FDF, LLC related to the freeze-dried foods business. Recent developments adva…
August 04, 2020

Black Ridge Provides Update on Sustain:Us Transaction

Construction Underway at State-of-the-Art Facility in Irving, TX Branding and Design Work Underway, Full Scale Production in 4Q 2020 Patent Filings for Proprietary Equipment and Processes by Year-End MINNEAPOLIS, Aug. 4, 2020 /PRNewswire/ -- Black Ridge Oil & Gas, Inc. (the "Company" or "Blac…
June 10, 2020

Black Ridge Oil & Gas, Inc. to Become Sustain:Us, Will Enter Freeze Dried Food Business for Human Consumption

Industry veterans Ira Goldfarb and Claudia Goldfarb to contribute $2.5 million in cash and assets MINNEAPOLIS--(BUSINESS WIRE)-- Black Ridge Oil & Gas, Inc. (the “Company” or “Black Ridge”) (OTCQB: ANFC) announced that it has entered into an asset purchase agreement with S-FDF LLC, owned b…
February 21, 2020

Black Ridge Oil & Gas, Inc. Announces 1-for-300 Reverse Stock Split

For the next 20 trading days, the Company’s stock will trade under a temporary ticker symbol, ANFCD MINNEAPOLIS--(BUSINESS WIRE)-- Black Ridge Oil & Gas, Inc. (the “Company” or “Black Ridge”) (OTCQB: ANFC) announced that it has implemented a 1-for-300 reverse stock split effective as of Fe…
October 23, 2019

Black Ridge Oil & Gas, Inc. Announces Board Consideration of Strategic Alternatives

MINNEAPOLIS--(BUSINESS WIRE)-- Black Ridge Oil & Gas, Inc. (the “Company” or “Black Ridge”) (OTCQB: ANFC) announced that its Board of Directors has undertaken a strategic review to identify, review and explore alternatives for the Company, including a merger, acquisition, or a business combi…
August 12, 2019

Black Ridge Oil & Gas, Inc. Sponsored SPAC Closes Business Combination

MINNEAPOLIS--(BUSINESS WIRE)-- Black Ridge Oil & Gas, Inc. (the “Company” or “Black Ridge”) (OTCQB: ANFC) today announced the closing of the merger agreement between Black Ridge Acquisition Corp. (“BRAC”) (NASDAQ: BRAC, BRACU, BRACW, BRACR), Allied Esports International, Inc. and WPT Enterpr…
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 Black Ridge Oil & Gas Frequently Asked Questions

  • Who are Black Ridge Oil & Gas key executives?

    Black Ridge Oil & Gas's key executives are Ken Decubellis, Bradley Berman and Michael Eisele.

  • How many employees does Black Ridge Oil & Gas have?

    Black Ridge Oil & Gas has 5 employees.

  • What is Black Ridge Oil & Gas revenue?

    Latest Black Ridge Oil & Gas annual revenue is $466.6 k.

  • What is Black Ridge Oil & Gas revenue per employee?

    Latest Black Ridge Oil & Gas revenue per employee is $93.3 k.

  • Who are Black Ridge Oil & Gas competitors?

    Competitors of Black Ridge Oil & Gas include Eagle Energy Exploration, Barnwell Industries and Denbury Resources.

  • Where is Black Ridge Oil & Gas headquarters?

    Black Ridge Oil & Gas headquarters is located at 110 N 5th St, Minneapolis.

  • Where are Black Ridge Oil & Gas offices?

    Black Ridge Oil & Gas has an office in Minneapolis.

  • How many offices does Black Ridge Oil & Gas have?

    Black Ridge Oil & Gas has 1 office.