GulfSlope Energy
OverviewSuggest Edit
GulfSlope Energy is an independent oil and natural gas exploration company, focusing on the exploration and development of oil and natural gas properties in the Gulf of Mexico federal waters offshore Louisiana in the United States. It has leased 17 federal outer continental shelf blocks and licensed 2.2 million acres of three-dimensional seismic data in its area of concentration.
| Type | Public | |
| Founded | 2003 | |
| HQ | Houston, US | Map |
| Website | gulfslope.com |
Latest Updates
| Employees (est.) (Sept 2019) | 7 | |
| Share Price (May 2020) | $0 | (+15%) |
Key People/Management at GulfSlope Energy
John Seitz
Chairman & CEO
John Malanga
Vice President & CFO
Ron Bain
President & COO
Charlie Hughes
Vice President – Land
Clint Moore
Vice President & Corporate Secretary
GulfSlope Energy Office Locations
GulfSlope Energy has an office in Houston
Houston, US (HQ)
2500 CityWest Blvd #800
GulfSlope Energy Financials and Metrics
GulfSlope Energy Revenue
| USD | |
|---|---|
Net income (Q1, 2020) | (153.1k) |
EBIT (Q1, 2020) | (476.9k) |
Market capitalization (21-May-2020) | 8.8m |
Closing stock price (21-May-2020) | 0.0 |
Cash (31-Dec-2019) | 3.8m |
EV | 18.4m |
GulfSlope Energy's current market capitalization is $8.8 m.
Annual
Quarterly
| USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q3, 2013 | Q1, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General and administrative expense | 26.2k | 31.5k | 75.5k | 1.1m | 396.4k | 477.1k | 404.3k | 542.2k | 764.1k | 813.8k | 456.9k | 67.9k | 289.3k | 101.1k | 786.0k | 129.4k | 1.1m | 439.2k | 476.9k |
Operating expense total | 26.2k | 31.5k | 75.5k | 1.1m | 396.4k | 477.1k | 404.3k | 542.2k | 764.1k | 813.8k | (456.9k) | (3.4m) | 289.3k | (101.1k) | (786.0k) | (129.4k) | (1.1m) | 439.2k | 476.9k |
EBIT | (456.9k) | (3.4m) | (289.3k) | (101.1k) | (786.0k) | (129.4k) | (1.1m) | (4.7m) | (476.9k) | ||||||||||
Interest expense | 952.0 | 60.0 | 369.3k | 383.5k | 227.5k | 207.3k | 98.2k | 106.2k | 21.2k |
Annual
Quarterly
| USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 69.7k | 1.2k | 550.3k | 127.2k | 12.4k | 465.3k | 3.3m | 6.7m | 160.7k | 2.8m | 1.1m | 195.4k | 130.2k | 60.1k | 132.2k | 51.8k | 64.4k | 24.5k | 108.5k | 2.4m | 4.9m | 3.8m | 5.0m | 2.3m | 3.8m | |
Accounts Receivable | 522.7k | 627.6k | 13.0m | 9.7m | 14.2m | 2.7m | ||||||||||||||||||||
Prepaid Expenses | 20.1k | 13.8k | 483.1k | 200.6k | 11.4k | 7.9k | 348.7k | 77.4k | 68.8k | 217.9k | 161.0k | 104.9k | 279.2k | 169.0k | 109.0k | 175.3k | 127.3k | 97.3k | 158.5k | 131.3k | 125.4k | 139.5k | 113.6k | 57.5k | 214.9k | |
Current Assets | 89.7k | 15.0k | 1.0m | 327.8k | 23.8k | 3.0m | 6.2m | 9.3m | 335.0k | 4.5m | 2.8m | 330.5k | 409.4k | 229.1k | 241.2k | 227.1k | 191.7k | 121.7k | 267.0k | 3.0m | 5.6m | 16.9m | 14.8m | 16.5m | 6.7m |
Annual
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (60.8k) | (1.5m) | (17.5m) | (5.5m) | (3.7m) | (5.2m) | (5.7m) | (2.6m) | (13.7m) |
Depreciation and Amortization | 7.2k | 34.6k | 51.9k | 46.2k | 20.8k | 4.7k | 5.6k | ||
Accounts Payable | (7.1k) | 31.1k | 15.3k | (130.6k) | 12.7k | 74.5k | (30.2k) | 5.9m | 4.1m |
Cash From Operating Activities | (74.4k) | (456.0k) | (1.4m) | (6.2m) | (3.6m) | (952.1k) | (266.9k) | 4.9m | (6.4m) |
Quarterly
| USD | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (36.1k) | (31.5k) | (107.0k) | (1.2m) | (396.4k) | (1.5m) | (16.6m) | (2.1m) | (4.1m) | (4.7m) | (848.2k) | (1.8m) | (2.7m) | (690.5k) | (1.2m) | (4.5m) | (552.8k) | (1.4m) | (5.2m) | (514.4k) | (1.1m) | (2.1m) | (423.9k) | (6.5m) | (12.7m) | (153.1k) |
Depreciation and Amortization | 1.9k | 6.6k | 14.1k | 24.1k | 13.0k | 25.8k | 38.8k | 13.1k | 26.1k | 37.4k | 7.6k | 13.8k | 17.8k | 2.2k | 3.0k | 3.7k | 1.3k | 2.6k | 3.9k | 1.5k | ||||||
Accounts Payable | (7.8k) | 7.2k | 8.0k | 22.0k | 3.0k | 352.8k | 121.8k | 19.1k | 100.2k | 155.0k | 36.4k | 25.9k | 107.0k | 101.5k | 3.5k | (34.0k) | (35.8k) | 3.1k | 1.5m | 607.2k | 8.9m | 1.2m | (3.1m) | |||
Cash From Operating Activities | (51.9k) | (44.3k) | (112.8k) | (328.7k) | (295.8k) | (880.6k) | (1.1m) | (487.3k) | (891.8k) | (4.8m) | (581.7k) | (1.1m) | (3.1m) | (388.3k) | (502.8k) | (639.5k) | (109.9k) | (217.9k) | (183.2k) | (175.9k) | 1.0m | 2.7m | (387.1k) | (4.9m) | (7.0m) | 2.5m |
| USD | Y, 2019 |
|---|---|
EV/EBIT | -38.6 x |
EV/CFO | 7.2 x |
Financial Leverage | 14.4 x |
GulfSlope Energy Online and Social Media Presence
GulfSlope Energy's Trends
GulfSlope Energy News and Updates
December 26, 2018
GulfSlope Energy Operations Update
--- GulfSlope announces preparation for 2019 drilling program and update on drilling at Tau Prospect --- HOUSTON, Dec. 26, 2018 (GLOBE NEWSWIRE) -- GulfSlope Energy, Inc. (OTCQB: GSPE) (“GulfSlope” or the “Company”) today announced that the Company has successfully completed several operational m…
September 25, 2018
GulfSlope Energy to Participate in Johnson Rice 2018 Energy Conference
HOUSTON, Sept. 25, 2018 (GLOBE NEWSWIRE) -- GulfSlope Energy, Inc. (OTCQB: GSPE) (“GulfSlope” or the “Company”) today announced its participation in the Johnson Rice 2018 Energy Conference in New Orleans, Louisiana on Wednesday, September 26. While there will not be a formal Company presentation,…
September 14, 2018
GulfSlope Energy Spuds Tau Prospect
Commences Drilling of Subsalt Portfolio on the Gulf of Mexico Shelf
August 20, 2018
GulfSlope Energy High-Bidder on Two Blocks in Federal Gulf of Mexico Lease Sale 251
Provides Opportunity to Expand Beyond Current Drilling Portfolio of Nine Prospects
August 17, 2018
GulfSlope Energy to Participate in EnerCom’s 2018 The Oil & Gas Conference
Management Presentation on August 21 Available Via Webcast
July 26, 2018
GulfSlope Energy Announces Commencement of Drilling program in Gulf of Mexico
HOUSTON, July 26, 2018 (GLOBE NEWSWIRE) -- GulfSlope Energy, Inc. (OTCQB:GSPE) (“GulfSlope” or the “Company”) today announced that it has the Rowan Ralph Coffman jack-up rig under tow in the Gulf of Mexico to the Vermilion Area, South Addition Block 378. The Company plans to commence drilling ope…
GulfSlope Energy Frequently Asked Questions
When was GulfSlope Energy founded?
GulfSlope Energy was founded in 2003.
Who are GulfSlope Energy key executives?
GulfSlope Energy's key executives are John Seitz, John Malanga and Ron Bain.
How many employees does GulfSlope Energy have?
GulfSlope Energy has 7 employees.
Who are GulfSlope Energy competitors?
Competitors of GulfSlope Energy include Petroquest Energy, Petro River Oil and Amerisur Resources.
Where is GulfSlope Energy headquarters?
GulfSlope Energy headquarters is located at 2500 CityWest Blvd #800, Houston.
Where are GulfSlope Energy offices?
GulfSlope Energy has an office in Houston.
How many offices does GulfSlope Energy have?
GulfSlope Energy has 1 office.
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