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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: C/O, 368 Sunmills Dr SE
CALGARY AB T2X 3H6
Tel: N/A
Website: www.marksmen.ca/s/Home.asp
IR: See website
Key People
Archie Jonathon Nesbitt
Chairman of the Board, President, Chief Executive Officer
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 three months ended 31 March 2020, Marksmen Energy Inc revenues decreased 43% to C$71K. Net loss increased 26% to C$360K. Revenues reflect Petroleum and natural gas sales decrease of 43% to C$81K.
Reporting Currency: Canadian Dollars
Enterprise value: $7.56M as of Mar 31, 2020
Annual revenue (TTM): $0.42M as of Mar 31, 2020
EBITDA (TTM): -$0.62M as of Mar 31, 2020
Net annual income (TTM): -$3.95M as of Mar 31, 2020
Free cash flow (TTM): -$0.71M as of Mar 31, 2020
Net Debt Last Fiscal Year: $1.01M as of Mar 31, 2020
Shares outstanding: 117,117,870 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization