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Marksmen Energy Inc. (V:MAH)

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

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 500, 400 - 3rd Avenue S.W.
Tel: N/A
IR: See website
Key People
Archibald Jonathon Nesbitt
President, Chief Executive Officer, Director
John Mcintyre
Chief Financial Officer
Martin Marty Shumway
Chief Operating Officer, Director
Business Overview
Marksmen Energy Inc. is a Canada-based oil and natural gas company. The Company is engaged in the acquisition, exploration, development and production of oil and gas properties, primarily located in Ohio, United States. The Company is the operator and holds a 75% working interest in the Cambrian Knox Unconformity Project, which is located in South Central Ohio. The Company also has a 25% working interest in Webb #1 well. The Company's wholly owned subsidiary is Marksmen Energy USA, Inc.
Financial Overview
For the six months ended 30 June 2022, Marksmen Energy Inc revenues increased from C$233K to C$591K. Net loss decreased 55% to C$148K. Revenues reflect Petroleum and natural gas sales increase from C$270K to C$677K. Lower net loss reflects Loss on abandonment estimates decrease from C$61K (expense) to C$0K, Share-based payments decrease of 23% to C$65K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $21.13M as of Jun 30, 2022
Annual revenue (TTM): $1.09M as of Jun 30, 2022
EBITDA (TTM): -$0.02M as of Jun 30, 2022
Net annual income (TTM): -$0.46M as of Jun 30, 2022
Free cash flow (TTM): -$0.99M as of Jun 30, 2022
Net Debt Last Fiscal Year: $0.57M as of Jun 30, 2022
Shares outstanding: 170,298,933 as of Sep 14, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization