Victory Energy

    OverviewSuggest Edit

    Victory Energy Corporation is an oil and gas exploration and production company. The Company has historically been focused on the acquisition and development of unconventional resource play opportunities in the Permian Basin, the Eagle Ford shale of South Texas and other strategically important areas that offer predictable economic outcomes and long-lived reserve characteristics, but will pursue opportunistic acquisition in other areas. The Company asset portfolio includes both vertical and horizontal wells in prominent formations such as the Eagle Ford, Austin Chalk, Woodbine, Spraberry, Wolfcamp, Wolfberry, Mississippian, Cline, Fusselman and Ellenberger.

    TypePublic
    Founded1982
    HQWest Lake Hills, US
    Websitevictoryenergy.com
    Employee Ratings3.6

    Locations

    Victory Energy is headquartered in
    West Lake Hills, United States

    Location Map

    Latest Updates

    Employees (est.) (Feb 2019)2(-50%)
    Revenue (FY, 2016)$440.8 K(-32%)

    Victory Energy Office Locations

    Victory Energy has an office in West Lake Hills
    West Lake Hills, US (HQ)
    3355 Bee Cave Rd #608
    Show all (1)

    Victory Energy Financials and Metrics

    Victory Energy Revenue

    Victory Energy's revenue was reported to be $440.80 k in FY, 2016
    USD

    Revenue (Q3, 2018)

    399.0k

    Gross profit (Q3, 2018)

    183.7k

    Gross profit margin (Q3, 2018), %

    46%

    EBIT (Q3, 2018)

    (584.0k)

    Cash (30-Sep-2018)

    (11.2m)
    Annual
    USDFY, 2012FY, 2013FY, 2015FY, 2016

    Revenue

    326.4k735.4k650.6k440.8k

    General and administrative expense

    2.8m1.5m4.4m2.0m

    R&D expense

    266.5k18.8k

    Operating expense total

    3.7m2.9m6.1m2.2m
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

    Revenue

    238.0k173.5k128.6k269.6k152.4k66.0k144.0k73.1k85.3k70.7k57.8k399.0k

    Cost of goods sold

    215.3k

    Gross profit

    183.7k

    Gross profit Margin, %

    46%
    Annual
    USDFY, 2012FY, 2013FY, 2015FY, 2016FY, 2017

    Cash

    158.2k20.9k2.4k56.5k24.4k

    Current Assets

    384.3k244.6k180.4k110.8k138.4k

    Total Assets

    1.9m2.5m1.0m885.7k17.8m

    Accounts Payable

    4.3k351.4k1.6m420.6k590.9k
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Cash

    1.2m46.1k176.5k3.0k113.0k28.1k56.8k5.9k20.5k47.2k10.6k20.3k33.5k(11.2m)

    Accounts Receivable

    38.3k29.0k37.8k362.0k

    Inventories

    61.3k

    Current Assets

    1.4m293.7k348.3k171.1k270.8k206.4k254.2k187.7k66.3k102.8k266.3k125.8k124.8k582.4k
    Annual
    USDFY, 2012FY, 2013FY, 2015FY, 2016FY, 2017

    Net Income

    (7.1m)(2.1m)(4.9m)(1.9m)(20.7m)

    Accounts Payable

    (322.6k)347.1k876.5k(1.1m)215.9k

    Cash From Operating Activities

    (2.6m)(730.3k)(1.7m)(2.0m)(1.9m)

    Cash From Investing Activities

    (516.5k)(1.7m)(1.1m)3.3k
    Quarterly
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Net Income

    851.7k192.1k(1.7m)(3.0m)(4.0m)(498.7k)(1.1m)(1.3m)(664.2k)(1.3m)(1.9m)(436.8k)(12.2m)(12.7m)

    Inventories

    (7.0k)

    Accounts Payable

    (154.7k)1.0m1.9m216.2k300.2k113.3k15.6k(418.2k)111.3k150.1k151.7k(109.9k)(97.5k)51.0k

    Cash From Operating Activities

    (836.0k)(173.0k)(1.6m)(1.9m)(256.8k)(907.5k)(1.4m)(817.0k)(1.3m)(1.5m)(449.8k)(842.7k)(11.4m)
    USDY, 2018

    Financial Leverage

    1.2 x
    Show all financial metrics

    Victory Energy Frequently Asked Questions

    • When was Victory Energy founded?

      Victory Energy was founded in 1982.

    • How many employees does Victory Energy have?

      Victory Energy has 2 employees.

    • Who are Victory Energy competitors?

      Competitors of Victory Energy include GulfSlope Energy, Petro River Oil and Rex Energy.

    • Where is Victory Energy headquarters?

      Victory Energy headquarters is located at 3355 Bee Cave Rd #608, West Lake Hills.

    • Where are Victory Energy offices?

      Victory Energy has an office in West Lake Hills.

    • How many offices does Victory Energy have?

      Victory Energy has 1 office.