OverviewSuggest Edit

Viking Energy Group engages in the acquisition, exploration, development and production of oil and natural gas properties individually and through collaborative partnerships with other companies. The Company purchases interests in producing, long-life, low-cost oil properties generating positive cash-flow and which offer future development potential. Viking Energy Group holds working interests in four leases with access to oil and gas mineral rights covering approximately 281 acres of property in Miami and Franklin counties in eastern Kansas, as well as holds a working interest in four oil and gas leases comprising approximately 660 acres of area in Miami and Franklin counties.

TypePublic
Founded1989
HQHouston, TX, US
Websitevikingenergygroup.com

Latest Updates

Employees (est.) (Dec 2018)6
Revenue (FY, 2020)$40.3 M(+17%)
Share Price (Nov 2021)$0.8(+2%)
Cybersecurity ratingCMore
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Key People/Management at Viking Energy Group

James A. Doris

James A. Doris

Chief Executive Officer, President and Director
Lawrence B. Fisher

Lawrence B. Fisher

Director
David Herskovits

David Herskovits

Director
Frank Barker

Frank Barker

Chief Financial Officer
Darwin Stump

Darwin Stump

Chief Accounting Officer
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Viking Energy Group Office Locations

Viking Energy Group has an office in Houston
Houston, TX, US (HQ)
15915 Katy Fwy #450
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Viking Energy Group Financials and Metrics

Viking Energy Group Revenue

Viking Energy Group's revenue was reported to be $40.27 m in FY, 2020
USD

Revenue (Q1, 2021)

10.5m

Net income (Q1, 2021)

(9.1m)

EBIT (Q1, 2021)

1.9m

Market capitalization (10-Nov-2021)

52.4m

Closing stock price (10-Nov-2021)

0.8

Cash (31-Mar-2021)

2.5m

EV

94.8m
Viking Energy Group's current market capitalization is $52.4 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

34.6m40.3m

General and administrative expense

1.6m7.3m5.2m5.0m

Operating expense total

8.7m15.1m5.2m5.0m

Depreciation and amortization

507.1k1.6m10.9m13.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

8.7m9.0m11.8m9.5m10.5m

General and administrative expense

270.3k215.6k180.4k900.5k1.1m1.4m1.0m1.3m1.1m1.3m917.2k1.1m

Operating expense total

838.4k1.2m576.7k2.6m3.7m3.4m6.1m1.3m1.1m1.3m917.2k1.1m

Depreciation and amortization

59.7k489.7k460.0k412.7k2.4m2.2m2.4m3.2m2.9m2.4m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

7.9k159.3k12.2k1.3k18.6k5.7m4.0m5.6m7.8m

Accounts Receivable

718.07.3k9.6k66.2k573.3k258.3k

Prepaid Expenses

9.6k87.5k124.4k169.0k

Current Assets

8.7k166.6k21.9k1.3k249.3k6.9m4.4m8.7m11.9m
Quarterly
USDQ2, 2011Q3, 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, 2020Q1, 2021

Cash

100.034.0k4.9k933.0226.024.9k12.2k1.8k1.5k29.7k7.8k13.7k8.9k2.2m296.8k9.0568.2k1.9m5.8m7.8m4.2m361.4k7.6m1.6m1.9m2.5m

Accounts Receivable

2.5k4.0k20.2k11.6k9.7k9.7k10.2k76.7k76.7k153.9k153.9k45.0k70.5k63.3k731.9k559.7k761.5k3.0m

Prepaid Expenses

4.0k811.0882.5k96.7k24.6k6.5k75.9k65.8k333.2k142.1k90.6k136.4k104.3k53.4k

Current Assets

44.4k8.9k29.4k11.9k34.6k21.9k1.5k29.7k7.8k100.7k85.6k515.5k172.1k715.0k3.2m6.4m9.1m7.4m7.8m10.4m11.0m9.2m11.8m
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Viking Energy Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

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Viking Energy Group Online and Social Media Presence

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Viking Energy Group News and Updates

Viking Energy Group Announces Q1 Results

HOUSTON, TX, May 25, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Viking Energy Group, Inc. (OTCQB: VKIN) (“Viking” or the “Company”), a growth-oriented energy company with assets in the Gulf Coast and Mid-Continent regions, is pleased to share certain financial results for the quarter ended March…

Viking Energy Group Announces Record Revenues

 Revenues of $40.27 Million, Up 16.4% Year-Over-Year

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Viking Energy Group, Inc. - VKIND

NEW YORK, Feb.19, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is...

Viking Energy Group Announces Q3 Results

Company’s Hedging Strategy Proves Sound During COVID-19 PandemicHouston, TX - (NewMediaWire) - November 17, 2020 - Viking Energy Group, Inc. (OTCQB: VKIN) (“Viking” or the “Company”), an independent exploration and production company, is pleased to share certain financial results for the quarte…

Viking Energy Group Announces Q2 Results

Company’s Hedging Strategy Proves Sound During COVID-19 PandemicHouston, TX - (NewMediaWire) - September 10, 2020 - Viking Energy Group, Inc. (OTCQB: VKIN) (“Viking” or the “Company”), an independent exploration and production company, is pleased to share certain financial results for the quart…

Viking Energy Group Announces Record Q1 Results

Revenues of $11.79 MillionAdjusted non-GAAP - EBITDA of $6.75 MillionHouston, TX - (NewMediaWire) - May 20, 2020 - Viking Energy Group, Inc. (OTCQB: VKIN) (“Viking” or the “Company”), an independent exploration and production company focused on acquiring, enhancing and developing oil and natura…
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Viking Energy Group Blogs

Viking Energy and Camber Energy Execute Definitive Merger Agreement

Camber to Increase its Interest in Viking to 100% HOUSTON, TX / ACCESSWIRE / February 18, 2021 / Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking") and Camber Energy, Inc. (NYSE American:CEI) ("Camber") are pleased to announce that the parties have entered into a definitive Agreement and Plan of Merg…

Viking Extinguishes $18.9 Million in Debt

Closes $39 Million in Equity Transactions Since Dec. 23/20 HOUSTON, TX / ACCESSWIRE / January 14, 2021 / Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking" or the "Company") is pleased to announce the completion of another deal with Camber Energy, Inc. (NYSE American:CEI) ("Camber"), its majority shar…

Viking Energy Reduces Debt by Another ~ $2.43 Million

Total Debt Reduction of ~ $10.24 Million in Just Over 90 Days HOUSTON, TX / ACCESSWIRE / October 1, 2020 / Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking" or the "Company") is pleased to announce that between August 4, 2020 and September 30, 2020, the Company reduced its overall debt by approximate…

Viking’s Hedging Strategy Proves Sound as Commodity Prices Drop Due to Virus Concerns and International Price War

HOUSTON, March 09, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Viking Energy Group, Inc. (OTCQB: VKIN) (“Viking”) is pleased to announce that its majority owned subsidiary, Elysium Energy, LLC (“Elysium”), entered into a multi-year hedging arrangement in connection with Elysium’s recent acquisiti…

Viking Mgt. Demonstrates Fiscal Prudence – Reduces Debt by ~$5.6 Million Using Surplus Cash From Operations

HOUSTON, TX, Oct. 24, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Viking Energy Group, Inc. (OTCQB: VKIN) (“Viking” or the “Company”) is pleased to announce that its subsidiary, Ichor Energy, LLC (“Ichor”), made on October 23, 2019, a $4,000,000 principal payment under the Term Loan Agreement purs…

Viking’s Enhancement Strategy Pays Off: Sells Certain KS Assets for $4.1 Million

HOUSTON, TX, May 06, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Viking Energy Group, Inc. (OTCQB: VKIN) (“Viking” or the “Company”), is pleased to announce that on May 1, 2019, the Company’s subsidiary, Mid-Con Development, LLC (“Mid-Con”), sold to an independent third party all of Mid-Con’s in…
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Viking Energy Group Frequently Asked Questions

  • When was Viking Energy Group founded?

    Viking Energy Group was founded in 1989.

  • Who are Viking Energy Group key executives?

    Viking Energy Group's key executives are James A. Doris, Lawrence B. Fisher and David Herskovits.

  • How many employees does Viking Energy Group have?

    Viking Energy Group has 6 employees.

  • What is Viking Energy Group revenue?

    Latest Viking Energy Group annual revenue is $40.3 m.

  • What is Viking Energy Group revenue per employee?

    Latest Viking Energy Group revenue per employee is $6.7 m.

  • Who are Viking Energy Group competitors?

    Competitors of Viking Energy Group include Taj, Huatai Securities and Upland Resources.

  • Where is Viking Energy Group headquarters?

    Viking Energy Group headquarters is located at 15915 Katy Fwy #450, Houston.

  • Where are Viking Energy Group offices?

    Viking Energy Group has an office in Houston.

  • How many offices does Viking Energy Group have?

    Viking Energy Group has 1 office.