West Texas Resources

OverviewSuggest Edit

West Texas Resources, Inc. is engaged in the business of oil and gas exploration and development in North America. The Company's objective is to become an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties in North America in partnership with oil and gas producers. The Company's strategy is to pursue strategic acquisitions of interests in oil and gas properties, including prospects with proven and unproven reserves, which it believes to have development potential.


TypePublic
Founded2010
HQFrisco, US
Websitewesttexasresources.com

Locations

West Texas Resources is headquartered in
Frisco, United States

Location Map

Latest Updates

Employees (est.) (Feb 2019)1(-50%)
Revenue (FY, 2017)$10.1 K

West Texas Resources Office Locations

West Texas Resources has an office in Frisco
Frisco, US (HQ)
5729 Lebanon Rd suite 144
Show all (1)

West Texas Resources Financials and Metrics

West Texas Resources Revenue

West Texas Resources's revenue was reported to be $10.11 k in FY, 2017
USD

Revenue (FY, 2017)

10.1k

Net income (FY, 2017)

(364.4k)

EBIT (FY, 2017)

(377.7k)

Cash (30-Sep-2017)

5.1k
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Revenue

10.1k

General and administrative expense

312.1k374.7k223.6k367.8k

Operating expense total

312.1k374.7k223.6k367.8k

EBIT

(57.5k)(293.5k)(222.9k)(377.7k)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017

Revenue

3.1k5.0k

General and administrative expense

163.9k306.5k67.8k86.0k65.9k40.5k33.2k98.1k93.4k

Operating expense total

163.9k306.5k67.8k86.0k65.9k40.5k33.2k98.1k93.4k

EBIT

(62.3k)(239.2k)35.5k(85.9k)(65.9k)(40.1k)(33.0k)(100.5k)(97.0k)
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

16.6k142.8k13.2k5.1k

Accounts Receivable

168.9k

Current Assets

185.6k142.8k13.2k25.7k

Total Assets

1.2m360.2k293.8k525.5k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017

Cash

651.046.0k239.4k171.1k82.8k84.8k40.3k6.2k10.7k

Accounts Receivable

100.0k37.1k70.6k2.2k

Current Assets

100.7k358.6k310.0k171.1k82.8k88.4k43.8k24.4k25.0k

Total Assets

1.1m1.1m1.0m383.5k300.2k330.8k324.5k500.8k486.6k
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Net Income

(295.9k)(1.1m)(224.4k)(364.4k)

Depreciation and Amortization

3.0k

Accounts Payable

5.4k(19.3k)26.0k

Cash From Operating Activities

(139.3k)(151.2k)(195.5k)(168.9k)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017

Net Income

(237.0k)(532.8k)(570.0k)(795.8k)(66.4k)(107.0k)(140.0k)(140.0k)(242.5k)

Accounts Payable

9.1k11.5k13.8k18.9k(18.0k)5.7k

Cash From Operating Activities

16.4k45.1k(15.8k)(105.9k)(56.9k)(99.1k)(145.5k)(138.0k)(165.8k)

Cash From Investing Activities

244.5k185.5k(17.2k)(2.7k)
USDY, 2017

Revenue/Employee

5.1k

Financial Leverage

19.1 x
Show all financial metrics

West Texas Resources Frequently Asked Questions

  • When was West Texas Resources founded?

    West Texas Resources was founded in 2010.

  • How many employees does West Texas Resources have?

    West Texas Resources has 1 employees.

  • What is West Texas Resources revenue?

    Latest West Texas Resources annual revenue is $10.1 k.

  • What is West Texas Resources revenue per employee?

    Latest West Texas Resources revenue per employee is $10.1 k.

  • Who are West Texas Resources competitors?

    Competitors of West Texas Resources include GulfSlope Energy, Petro River Oil and Rex Energy.

  • Where is West Texas Resources headquarters?

    West Texas Resources headquarters is located at 5729 Lebanon Rd suite 144, Frisco.

  • Where are West Texas Resources offices?

    West Texas Resources has an office in Frisco.

  • How many offices does West Texas Resources have?

    West Texas Resources has 1 office.