Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Alpine Summit Energy Partners, Inc. (V:ALPS.U)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: 2200 - 885 West Georgia Street
VANCOUVER BC V6C 3E8
Tel: N/A
Website: https://www.alpinesummitenergy.com
IR: See website
Key People
Craig Perry
Chairman of the Board, Chief Executive Officer
Darren Moulds
Chief Financial Officer
Travis Reagan Brown
Chief Administrative Officer
William P. Wicker
Chief Investment Officer
Christopher Nilan
Senior Managing Director - Capital Markets
Chrystie Hale Perry Holmstrom
Chief Legal Officer
Business Overview
Alpine Summit Energy Partners, Inc. is a Canada-based developer and financial company, which operates and develops oil and gas assets. The Company is focused on its drilling activity in the Austin Chalk and Eagle Ford formations in the Giddings and Hawkville (Webb County) Fields. The Austin Chalk directly overlies the oil-sourcing Eagle Ford formation. The Company's subsidiary is HB2 Origination, LLC.
Financial Overview
For the three months ended 31 March 2023, Alpine Summit Energy Partners Inc revenues increased from $12.4M to $48.5M. Net income totaled $6.5M vs. loss of $10M. Revenues reflect Unrealized losses on derivative commodit increase from -$22.6M to $18.5M. Net Income reflects Stock-based compensation decrease of 74% to $329K (expense), Employee salaries and benefits decrease of 38% to $1.5M (expense).
Employees: 26 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $167.30M as of Mar 31, 2023
Annual revenue (TTM): $221.78M as of Mar 31, 2023
EBITDA (TTM): $150.11M as of Mar 31, 2023
Net annual income (TTM): $23.92M as of Mar 31, 2023
Free cash flow (TTM): -$73.59M as of Mar 31, 2023
Net Debt Last Fiscal Year: $132.06M as of Mar 31, 2023
Shares outstanding: 53,391,061 as of Mar 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization