OverviewSuggest Edit

Tengasco is in the business of exploration for and production of oil and natural gas. The Company’s primary area of exploration and production is in Kansas. Its wholly-owned subsidiary, Tengasco Pipeline Corporation owned and operated a pipeline which it constructed to transport natural gas from the Company’s Swan Creek Field to customers in Kingsport, Tennessee. Manufactured Methane Corporation, Tengasco fully owned subsidiary, operates treatment and delivery facilities in Church Hill, Tennessee for the extraction of methane gas from a landfill for eventual sale as natural gas or for the generation of electricity.

TypePublic
Founded2011
HQGreenwood Village, US
Websitetengasco.com

Latest Updates

Employees (est.) (Dec 2018)12(-14%)
Revenue (FY, 2019)$4.9 M(-16%)
Share Price (Jul 2020)$0.5 (+2%)
Cybersecurity ratingAMore

Key People/Management at Tengasco

Michael J. Rugen

Michael J. Rugen

Chief Financial Officer/Interim CEO
Peter E. Salas

Peter E. Salas

Director
Cary V. Sorensen

Cary V. Sorensen

Vice President, General Counsel and Corporate Secretary
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Tengasco Office Locations

Tengasco has offices in Greenwood Village and Hays
Greenwood Village, US (HQ)
8000 E Maplewood Ave #130
Hays, US
1327 Noose Rd
Show all (2)

Tengasco Financials and Metrics

Tengasco Revenue

Tengasco's revenue was reported to be $4.91 m in FY, 2019
USD

Revenue (Q1, 2020)

963.0k

Net income (Q1, 2020)

(527.0k)

EBIT (Q1, 2020)

(527.0k)

Market capitalization (9-Jul-2020)

5.8m

Closing stock price (9-Jul-2020)

0.5

Cash (31-Mar-2020)

3.1m

EV

2.7m
Tengasco's current market capitalization is $5.8 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

17.1m20.6m15.7m13.8m6.2m4.7m5.3m5.9m4.9m

Revenue growth, %

(12%)(55%)(24%)

General and administrative expense

2.3m2.6m2.1m2.7m2.1m1.4m1.2m1.2m1.3m

Operating expense total

2.3m2.6m2.1m2.7m2.1m1.4m1.2m1.2m1.3m
USDQ2, 2011

Financial Leverage

1.6 x
Show all financial metrics

Tengasco Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Tengasco Online and Social Media Presence

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Tengasco News and Updates

Tengasco Announces Review Of Potential Business Combination Alternatives

GREENWOOD VILLAGE, Colo., Jan. 14, 2020 /PRNewswire/ -- Tengasco, Inc. (NYSE American: TGC) today announced that its Board of Directors has commenced a process to explore potential transactions or combinations in order to maximize shareholder value. These alternatives may include...

Tengasco Announces Second Quarter 2019 Financial Results

GREENWOOD VILLAGE, Colo., Aug. 13, 2019 /PRNewswire/ -- Tengasco, Inc. (NYSE American: TGC) announced today its financial results for the quarter ended June 30, 2019. The Company reported net income from continuing operations of $9,000 or $0.00 per share of common stock during the second...

Tengasco Announces First Quarter 2019 Financial Results

GREENWOOD VILLAGE, Colo., May 14, 2019 /PRNewswire/ -- Tengasco, Inc. (NYSE American: TGC) announced today its financial results for the quarter ended March 31, 2019. The Company reported a net loss from continuing operations of $(96,000) or $(0.01) per share of common stock during the...

Tengasco Announces Year-End 2018 Financials and Results of Operations

GREENWOOD VILLAGE, Colo., March 28, 2019 /PRNewswire/ -- Tengasco, Inc. (NYSE American: TGC) announced today that it has filed with the Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 2018. The Company reported net income from continuing...

Tengasco Announces Third Quarter 2018 Financial Results

GREENWOOD VILLAGE, Colo., Nov. 14, 2018 /PRNewswire/ -- Tengasco, Inc. (NYSE American: TGC) announced today its financial results for the quarter ended September 30, 2018. The Company reported a net income from continuing operations of $298,000 or $0.03 per share of common stock during...

Tengasco Announces Second Quarter 2018 Financial Results

GREENWOOD VILLAGE, Colo., Aug. 14, 2018 /PRNewswire/ -- Tengasco, Inc. (NYSE American: TGC) announced today its financial results for the quarter ended June 30, 2018. The Company reported a net income from continuing operations of $99,000 or $0.01 per share of common stock during the...

Tengasco Frequently Asked Questions

  • When was Tengasco founded?

    Tengasco was founded in 2011.

  • Who are Tengasco key executives?

    Tengasco's key executives are Michael J. Rugen, Peter E. Salas and Cary V. Sorensen.

  • How many employees does Tengasco have?

    Tengasco has 12 employees.

  • What is Tengasco revenue?

    Latest Tengasco annual revenue is $4.9 m.

  • What is Tengasco revenue per employee?

    Latest Tengasco revenue per employee is $409.3 k.

  • Who are Tengasco competitors?

    Competitors of Tengasco include Plant Services, Gastar Exploration and Diamond Offshore Drilling.

  • Where is Tengasco headquarters?

    Tengasco headquarters is located at 8000 E Maplewood Ave #130, Greenwood Village.

  • Where are Tengasco offices?

    Tengasco has offices in Greenwood Village and Hays.

  • How many offices does Tengasco have?

    Tengasco has 2 offices.