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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.

TypePublic
Founded2003
HQHouston, TX, USMap
Websitegulfslope.com

Recent NewsAll News

Latest Updates

Employees (est.) (Sept 2019)7
Share Price (Apr 2021)$0(+2%)
Cybersecurity ratingBMore

Key People/Management at GulfSlope Energy

Richard Langdon

Richard Langdon

Director
John Malanga

John Malanga

Vice President & CFO
Paul Morris

Paul Morris

Director
John Seitz

John Seitz

Chairman, CEO, Interim President & COO
Felix Acree

Felix Acree

Vice President, Engineering and Business Development
Charlie Hughes

Charlie Hughes

Vice President, Land
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GulfSlope Energy Office Locations

GulfSlope Energy has an office in Houston
Houston, TX, US (HQ)
2500 CityWest Blvd #800
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GulfSlope Energy Financials and Metrics

GulfSlope Energy Revenue

USD

Net income (Q1, 2021)

(358.5k)

EBIT (Q1, 2021)

(382.1k)

Market capitalization (7-Apr-2021)

18.0m

Closing stock price (7-Apr-2021)

0.0

Cash (31-Dec-2020)

2.6m

EV

15.5m
GulfSlope Energy's current market capitalization is $18 m.
Annual
USDFY, 2011FY, 2012FY, 2014FY, 2017FY, 2018FY, 2019FY, 2020

General and administrative expense

57.4k1.5m2.5m964.3k1.2m1.5m1.1m

Operating expense total

57.4k1.5m2.5m(4.3m)(1.2m)1.5m1.1m

EBIT

(4.3m)(1.2m)(7.5m)(3.5m)

Interest expense

3.4k60.01.3m780.5k1.8m
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

General and administrative expense

26.2k31.5k75.5k1.1m396.4k477.1k404.3k542.2k764.1k813.8k456.9k67.9k289.3k101.1k786.0k129.4k1.1m439.2k476.9k436.3k325.7k382.1k

Operating expense total

26.2k31.5k75.5k1.1m396.4k477.1k404.3k542.2k764.1k813.8k(456.9k)(3.4m)289.3k(101.1k)(786.0k)(129.4k)(1.1m)439.2k476.9k436.3k325.7k382.1k

EBIT

(456.9k)(3.4m)(289.3k)(101.1k)(786.0k)(129.4k)(1.1m)(4.7m)(476.9k)(436.3k)(2.5m)(382.1k)

Interest expense

952.060.0369.3k383.5k227.5k207.3k98.2k106.2k21.2k6.4k1.1k164.8k
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

87.5k423.0k310.2k4.4m1.4m64.1k6.4k5.6m1.1m3.2m

Accounts Receivable

63.1k6.3m8.5m366.2k

Prepaid Expenses

329.4k5.5k33.6k53.9k38.3k40.6k32.0k137.2k84.1k

Current Assets

87.5k752.4k2.8m5.9m1.5m165.6k47.0k11.9m9.8m3.6m
Quarterly
USDQ3, 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, 2020Q3, 2020Q1, 2021

Cash

69.7k1.2k550.3k127.2k12.4k465.3k3.3m6.7m160.7k2.8m1.1m195.4k130.2k60.1k132.2k51.8k64.4k24.5k108.5k2.4m4.9m3.8m5.0m2.3m3.8m2.8m1.1m2.6m

Accounts Receivable

522.7k627.6k13.0m9.7m14.2m2.7m2.7m341.7k

Prepaid Expenses

20.1k13.8k483.1k200.6k11.4k7.9k348.7k77.4k68.8k217.9k161.0k104.9k279.2k169.0k109.0k175.3k127.3k97.3k158.5k131.3k125.4k139.5k113.6k57.5k214.9k165.5k102.7k269.4k

Current Assets

89.7k15.0k1.0m327.8k23.8k3.0m6.2m9.3m335.0k4.5m2.8m330.5k409.4k229.1k241.2k227.1k191.7k121.7k267.0k3.0m5.6m16.9m14.8m16.5m6.7m5.7m1.5m2.8m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(60.8k)(1.5m)(17.5m)(5.5m)(3.7m)(5.2m)(5.7m)(2.6m)(13.7m)(2.4m)

Depreciation and Amortization

7.2k34.6k51.9k46.2k20.8k4.7k5.6k6.7k

Accounts Payable

(7.1k)31.1k15.3k(130.6k)12.7k74.5k(30.2k)5.9m4.1m(3.5m)

Cash From Operating Activities

(74.4k)(456.0k)(1.4m)(6.2m)(3.6m)(952.1k)(266.9k)4.9m(6.4m)(365.9k)
Quarterly
USDQ3, 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, 2020Q3, 2020Q1, 2021

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)(788.0k)(3.5m)(358.5k)

Depreciation and Amortization

1.9k6.6k14.1k24.1k13.0k25.8k38.8k13.1k26.1k37.4k7.6k13.8k17.8k2.2k3.0k3.7k1.3k2.6k3.9k1.5k3.2k4.9k1.7k

Accounts Payable

(7.8k)7.2k8.0k22.0k3.0k352.8k121.8k19.1k100.2k155.0k36.4k25.9k107.0k101.5k3.5k(34.0k)(35.8k)3.1k1.5m607.2k8.9m1.2m(3.1m)(2.8m)(3.9m)(103.0k)

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)1.0m2.7m(387.1k)(4.9m)(7.0m)2.5m1.5m(119.7k)(460.1k)
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GulfSlope Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

Learn more about our premium products
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GulfSlope Energy Online and Social Media Presence

GulfSlope Energy's Trends

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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 Richard Langdon, John Malanga and Paul Morris.

  • How many employees does GulfSlope Energy have?

    GulfSlope Energy has 7 employees.

  • Who are GulfSlope Energy competitors?

    Competitors of GulfSlope Energy include Sapura Energy, Palma Serasih Group and Trican Well Service.

  • 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.