OverviewSuggest Edit

Citadel Exploration is a pure-play California oil and gas company rooted in nearly a century of experience throughout the State, with four decades of focus on Kern County. Citadel is developing two prospects in Kern County. The first, Kern Bluff, is a 1100-acre project with an estimated 60 million barrels of original oil in place. It will be developed with a combination of new vertical and horizontal wells, recompletions, andcyclic steam injection. The company also is continuing to develop its 3,000 acre Yowlumne area, a producing asset strategically located between several multi-million barrel fields, including Chevron’s historic Midway-Sunset field.

TypePublic
HQNewport Beach, US
Websitecitadelexploration.com

Locations

Citadel Exploration is headquartered in
Newport Beach, United States

Location Map

Latest Updates

Employees (est.) (Feb 2019)3
Revenue (FY, 2018)$1.1 M(+541%)

Citadel Exploration Office Locations

Citadel Exploration has an office in Newport Beach
Newport Beach, US (HQ)
417 31st St
Show all (1)

Citadel Exploration Financials and Metrics

Citadel Exploration Revenue

Citadel Exploration's revenue was reported to be $1.07 m in FY, 2018
USD

Revenue (Q1, 2019)

175.6k

Net income (Q1, 2019)

(500.1k)

Market capitalization (27-Sep-2018)

15.9m

Cash (31-Mar-2019)

94.3k
Citadel Exploration's current market capitalization is $15.9 m.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

9.2k118.3k107.1k166.4k1.1m

General and administrative expense

295.1k306.5k246.8k298.9k

Operating expense total

1.2m1.4m1.7m1.9m3.2m

Depreciation and amortization

20.2k23.3k134.6k571.3k
Quarterly
USDQ1, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

40.1k20.3k20.8k6.0k24.0k36.9k49.7k46.8k212.6k300.0k320.8k175.6k

General and administrative expense

96.5k78.3k131.8k57.1k69.4k61.7k325.7k65.3k52.9k60.6k73.1k71.5k75.2k56.8k

Operating expense total

301.6k361.6k318.6k1.9m336.9k313.4k569.2k339.8k349.3k366.8k753.0k630.5k634.1k502.8k

Depreciation and amortization

5.0k4.1k8.1k10.0k8.8k133.4k166.8k135.4k75.0k
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Cash

402.6k146.6k188.8k772.1k86.4k

Current Assets

489.8k200.6k234.3k838.0k254.9k

PP&E

12.6k

Total Assets

1.9m4.6m6.7m7.3m7.4m
Quarterly
USDQ1, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

350.0k16.6k27.6k248.5k41.8k38.4k80.7k80.8k141.5k251.3k19.4k307.4k94.3k

Accounts Receivable

39.3k

Current Assets

459.6k74.2k106.4k329.5k72.8k136.2k82.8k116.6k177.0k201.5k375.6k234.5k651.6k144.7k

PP&E

27.7k18.3k15.7k
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.4m)(1.6m)(2.2m)(1.8m)(2.5m)

Depreciation and Amortization

8.4k20.2k23.3k134.6k571.3k

Inventories

(191.0)

Cash From Operating Activities

(627.1k)(819.3k)(1.0m)(341.9k)(436.1k)
USDY, 2019

Revenue/Employee

58.5k

Financial Leverage

18.8 x
Show all financial metrics

Citadel Exploration Frequently Asked Questions

  • How many employees does Citadel Exploration have?

    Citadel Exploration has 3 employees.

  • What is Citadel Exploration revenue?

    Latest Citadel Exploration annual revenue is $1.1 m.

  • What is Citadel Exploration revenue per employee?

    Latest Citadel Exploration revenue per employee is $355.4 k.

  • Who are Citadel Exploration competitors?

    Competitors of Citadel Exploration include Serica Energy, Egdon Resources and SRC Energy.

  • Where is Citadel Exploration headquarters?

    Citadel Exploration headquarters is located at 417 31st St, Newport Beach.

  • Where are Citadel Exploration offices?

    Citadel Exploration has an office in Newport Beach.

  • How many offices does Citadel Exploration have?

    Citadel Exploration has 1 office.