OverviewSuggest Edit

Petro River Oil Corp. is an independent energy company focused on the exploration and development of conventional oil and gas assets with low discovery and development costs, with activities in Oklahoma and California in the United States, and Northern Ireland, Denmark and the U.K in Western Europe.

The company focuses on developing its existing properties while continuing to pursue acquisitions of oil and gas properties with upside potential. Petro River Oil Corp. intends to grow its resources and production through exploration activities and development of identified potential drilling locations, and through acquisitions that meet the Company’s strategic and financial objectives.

TypePublic
Founded2000
HQNew York, US
Websitepetroriveroil.com

Latest Updates

Employees (est.) (Apr 2019)4
Revenue (FY, 2019)$1.6 M(+128%)
Share Price (Oct 2020)$0 (+11%)
Cybersecurity ratingAMore

Key People/Management at Petro River Oil

Stephen Brunner

Stephen Brunner

President
David Briones

David Briones

CFO
John Wallace

John Wallace

Director
Frederick Zeidman

Frederick Zeidman

Director
Jonathan Rudney

Jonathan Rudney

Operating Partner
Mike MacKey

Mike MacKey

Operating Partner
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Petro River Oil Office Locations

Petro River Oil has offices in New York and Houston
New York, US (HQ)
Benjamin N. Cardozo School of Law/Brookdale Center, 55 5th Ave #1702
Houston, US
4582 Kingwood Dr Ste E, Kingwood
Show all (2)

Petro River Oil Financials and Metrics

Petro River Oil Revenue

Petro River Oil's revenue was reported to be $1.65 m in FY, 2019
USD

Revenue (Q2, 2020)

270.9k

Net income (Q2, 2020)

743.1k

EBIT (Q2, 2020)

(263.9k)

Market capitalization (16-Oct-2020)

732.5k

Closing stock price (16-Oct-2020)

0.0

Cash (31-Oct-2019)

754.4k
Petro River Oil's current market capitalization is $732.5 k.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

436.4k184.7k372.2k2.1m87.9k26.6k723.4k1.6m

Revenue growth, %

1052%(96%)

General and administrative expense

1.9m623.1k4.2m4.6m3.1m4.1m3.6m1.7m

Operating expense total

1.9m623.1k4.2m4.6m3.1m4.1m3.6m1.7m
Quarterly
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

104.8k87.3k117.7k1.0m1.2m488.3k62.8k18.3m5.4m7.1k8.8k16.2k250.9k574.1k410.4k340.0k322.5k270.9k

Cost of goods sold

3.0m

Gross profit

2.4m

Gross profit Margin, %

45%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

300.3k5.7m8.4m1.0m774.8k631.2k47.3k1.2m

Accounts Receivable

302.5k31.4k52.0k42.7k8.4k308.1k129.0k

Prepaid Expenses

71.7k58.4k40.3k52.8k207.8k612.0206.2k

Inventories

25.0k
Quarterly
USDQ2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

6.2k47.7k5.0m4.2m9.2m3.4m2.7m1.5m763.3k526.1k1.3m2.8m2.0m1.4m1.2m462.9k844.5k4.6k101.2k2.1m1.1m754.4k

Accounts Receivable

45.1k21.1k43.8k819.0k277.8k134.9k903.08.0k9.8k8.7k18.4k106.0k211.2k194.5k118.3k102.4k93.9k

Prepaid Expenses

26.2k76.8k48.9k30.0k39.5k33.0k85.9k59.6k46.0k91.8k39.0k37.2k32.4k28.6k58.4k6.1k4.3k2.4k43.5k29.2k

Current Assets

32.3k124.5k5.1m4.2m9.3m4.3m3.2m1.8m940.6k25.0m11.5m8.5m7.6m29.0m30.6m30.3m2.1m221.9k384.9k2.3m1.2m877.8k
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(10.1m)(2.3m)(9.0m)(6.3m)(12.0m)(2.6m)(20.3m)

Depreciation and Amortization

333.6k25.1k98.1k722.7k281.8k25.9k157.4k683.2k

Accounts Payable

697.9k99.5k

Cash From Operating Activities

(3.6m)(670.2k)(2.9m)(3.4m)(1.8m)(2.2m)(346.4k)(468.5k)
Quarterly
USDFY, 2012

Financial Leverage

-0.1 x
Show all financial metrics

Petro River Oil Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Petro River Oil Online and Social Media Presence

Embed Graph

Petro River Oil Blogs

Petro River Acquires an Additional Interest in United Kingdom Southern North Sea Seaward Production Licenses

NEW YORK, Feb. 27, 2019 /PRNewswire/ — Petro River Oil Corp. (PTRC) (“Petro River” or the “Company”), an independent oil and gas exploration company that utilizes 3D seismic technology to discover and develop oil and gas reserves in proven oil and gas basins, announced today the acquisition of an ad…

Management and Existing Shareholders Increase Stake in Petro River

Company Restructures Existing Senior Debt and Commences New Drilling Program NEW YORK, Feb. 1, 2019 /PRNewswire/ — Petro River Oil Corp. (PTRC) (“Petro River” or the “Company”) today announced the closing of (i) a restructuring of the Company’s senior debt, and (ii) a financing to fund the drilling …

Petro River Announces Year End Financials and 2018 Guidance

New York, NY, July 31st, 2018 Petro River Oil Corp. (PTRC) (“Petro River” or the “Company”) is pleased to announce its year end April 30, 2018 financials and 2018 guidance. Highlights include: 1,131% increase in oil and gas production this year from the fiscal year ending April 30, 2017.  Company pr…

Petro River Discovers Largest Oil Field in the Company’s History

NEW YORK, July 24, 2018 /PRNewswire/ -- Petro River Oil Corp (PTRC) ("Petro River" or the "Company"), an independent oil and gas exploration company that utilizes 3D seismic technology to discover and develop oil and gas reserves in proven oil and gas basins, announced today the discovery of its lar…

PTRC Set to Drill Third and Largest Exploration Field

NEW YORK, July 5, 2018 /PRNewswire/ — Petro River Oil Corp. (PTRC) (‘Petro River’ or the ‘Company’), an independent oil and gas exploration company that utilizes 3D seismic technology to discover and develop oil and gas reserves in proven oil and gas basins, plans to drill an exploration well in the…

MARKETNEWSUPDATES.COM: TRUMP DEREGULATION CREATES ATTRACTIVE OPPORTUNITIES IN OIL AND GAS COMPANIES

OTC Stock Review published an article on SeekingAlpha.com, that included industry commentary based on the recent Oil & Gas developments, taking place in the Energy Sector that included companies such as: Independence Contact Drilling Inc. (NYSE: ICD), Patterson-UTI Energy Inc. (NASDAQ: PTEN), Pe…
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Petro River Oil Frequently Asked Questions

  • When was Petro River Oil founded?

    Petro River Oil was founded in 2000.

  • Who are Petro River Oil key executives?

    Petro River Oil's key executives are Stephen Brunner, David Briones and John Wallace.

  • How many employees does Petro River Oil have?

    Petro River Oil has 4 employees.

  • What is Petro River Oil revenue?

    Latest Petro River Oil annual revenue is $1.6 m.

  • What is Petro River Oil revenue per employee?

    Latest Petro River Oil revenue per employee is $411.3 k.

  • Who are Petro River Oil competitors?

    Competitors of Petro River Oil include GulfSlope Energy, Halcon Resources and Energen.

  • Where is Petro River Oil headquarters?

    Petro River Oil headquarters is located at Benjamin N. Cardozo School of Law/Brookdale Center, 55 5th Ave #1702, New York.

  • Where are Petro River Oil offices?

    Petro River Oil has offices in New York and Houston.

  • How many offices does Petro River Oil have?

    Petro River Oil has 2 offices.