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
Share Price (Oct 2020)$0.1 (-22%)
Cybersecurity ratingAMore

Key People/Management at West Texas Resources

J.d. Kerr

J.d. Kerr

President & CEO
Paul Brogan

Paul Brogan

Director
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West Texas Resources Office Locations

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

Market capitalization (28-Oct-2020)

1.7m

Closing stock price (28-Oct-2020)

0.1

Cash (30-Sept-2017)

5.1k

EV

1.7m
West Texas Resources's current market capitalization is $1.7 m.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

10.1k

General and administrative expense

374.7k223.6k367.8k

Operating expense total

374.7k223.6k367.8k

EBIT

(293.5k)(222.9k)(377.7k)
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017

Revenue

3.1k5.0k

General and administrative expense

86.0k65.9k40.5k33.2k98.1k93.4k

Operating expense total

86.0k65.9k40.5k33.2k98.1k93.4k

EBIT

(85.9k)(65.9k)(40.1k)(33.0k)(100.5k)(97.0k)
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

8.6k16.6k144.5k142.8k13.2k5.1k

Accounts Receivable

168.9k45.1k

Prepaid Expenses

20.6k

Current Assets

8.6k185.6k189.6k142.8k13.2k25.7k
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017

Cash

42.6k6.6k845.025.5k651.046.0k239.4k45.9k42.0k171.1k82.8k84.8k40.3k6.2k10.7k

Accounts Receivable

10.0k21.3k100.0k37.1k70.6k40.0k7.6k2.2k

Prepaid Expenses

6.0k4.3k

Current Assets

52.7k6.6k22.2k25.5k100.7k358.6k310.0k85.9k385.1k171.1k82.8k88.4k43.8k24.4k25.0k
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(166.4k)(295.9k)(733.1k)(1.1m)(224.4k)(364.4k)

Depreciation and Amortization

11.1k3.0k3.9k

Accounts Payable

13.6k26.0k

Cash From Operating Activities

(87.4k)(139.3k)(29.8k)(151.2k)(195.5k)(168.9k)
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017

Net Income

(51.6k)(87.9k)(54.5k)(114.7k)(237.0k)(532.8k)(570.0k)(101.8k)(523.0k)(795.8k)(66.4k)(107.0k)(140.0k)(140.0k)(242.5k)

Depreciation and Amortization

5.1k8.1k3.0k3.0k83.6k1.1k2.7k

Accounts Payable

(18.0k)5.7k

Cash From Operating Activities

(43.3k)(64.4k)(30.8k)(106.9k)16.4k45.1k(15.8k)(32.6k)(36.5k)(105.9k)(56.9k)(99.1k)(145.5k)(138.0k)(165.8k)
USDQ2, 2012

Financial Leverage

1.3 x
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West Texas Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

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West Texas Resources Online and Social Media Presence

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West Texas Resources Frequently Asked Questions

  • When was West Texas Resources founded?

    West Texas Resources was founded in 2010.

  • Who are West Texas Resources key executives?

    West Texas Resources's key executives are J.d. Kerr and Paul Brogan.

  • 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, ERHC Energy and Petro River Oil.

  • 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.