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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 ON T2P 4H2
Tel: N/A
Website: www.marksmenenergy.com/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 six months ended 30 June 2021, MarksmenEnergy Inc revenues increased from C$108K to C$233K. Netloss decreased 2% to C$333K. Revenues reflect Petroleum andnatural gas sales increase from C$125K to C$270K. Lower netloss reflects Property and equipment impairment decreasefrom C$216K (expense) to C$0K, Foreign exchange (gain) lossdecrease from C$21K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $11.36M as of Jun 30, 2021
Annual revenue (TTM): $0.44M as of Jun 30, 2021
EBITDA (TTM): -$0.37M as of Jun 30, 2021
Net annual income (TTM): -$1.63M as of Jun 30, 2021
Free cash flow (TTM): -$0.58M as of Jun 30, 2021
Net Debt Last Fiscal Year: $1.01M as of Jun 30, 2021
Shares outstanding: 146,463,870 as of Oct 6, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization