Marksmen Energy Inc. (V:MAH)
Business Focus: Oil & Gas Exploration and Production
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
| See Regulatory Filings on SEDAR | |
| Company Contact | |
| Address: | Suite 500, 400 - 3rd Avenue S.W. CALGARY AB T2P 4H2 |
| Tel: | N/A |
| Website: | www.marksmen.ca/s/Home.asp |
| IR: | See website |
| Key People | ||
| Archie Jonathon Nesbitt President, Chief Executive Officer, Director | John Mcintyre Chief Financial Officer | |
| Business Overview |
| Marksmen Energy Inc., formerly Marksmen Resources Ltd., is a Canada-based oil and natural gas company. The Company focuses on exploring and developing light oil assets in Ohio. The Company is engaged in the acquisition, development, and production of crude oil from properties located in Ohio, the United States. It also focuses on other opportunities in Western Canada and the United States. The Company operates through the acquisition, exploration for, and development of petroleum and natural gas segment. In Alberta, the Company has properties located at Alder Flats, which consists of various oil and gas interests. Marksmen Energy USA, Inc. is the subsidiary of the Company, which holds properties and operates in the State of Ohio. |
| Financial Overview |
| For the nine months ended 30 September 2020,Marksmen Energy Inc revenues decreased 52% to C$201K. Netloss decreased 31% to C$446K. Revenues reflect Petroleumand natural gas sales decrease of 52% to C$232K. Lower netloss reflects General and administrative decrease of 27% toC$321K (expense), Share-based payments decrease of 50% toC$85K (expense), Bad debt expense decrease from C$79K(expense) to C$0K. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $11.86M as of Sep 30, 2020 |
| Annual revenue (TTM): | $0.25M as of Sep 30, 2020 |
| EBITDA (TTM): | -$0.62M as of Sep 30, 2020 |
| Net annual income (TTM): | -$3.68M as of Sep 30, 2020 |
| Free cash flow (TTM): | -$0.92M as of Sep 30, 2020 |
| Net Debt Last Fiscal Year: | $1.06M as of Sep 30, 2020 |
| Shares outstanding: | 126,427,870 as of Jan 7, 2021 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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