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Prospera Energy Inc. (V:PEI)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: 840 6 Ave SW Suite 500
Tel: N/A
IR: See website
Key People
Samuel David
President, Chief Executive Officer, Director
Matthew Kenna
Chief Financial Officer
Business Overview
Prospera Energy Inc, formerly Georox Resources Inc, is a Canada-based company, which is engaged in the acquisition, exploration and development of oil and natural gas in Western Canada. The Company has oil and gas interests in Red Earth/Otter, Alberta. The Red Earth property consists of over 2.12 sections with approximately nine producing oil wells and a standing oil well. The Otter property is located approximately 20 kilometers northwest of Red Earth and consists of a section of land. The Company also has interests in Pouce Coupe area, northwest Alberta; Silverdale Property; Sparky Non Channel Project; Coteau Lake area in southeastern Saskatchewan and northeast Montana; Kitscoty Lloydminste and Lloydminster property.
Financial Overview
For the three months ended 31 March 2021, ProsperaEnergy Inc revenues decreased 30% to C$629K. Net incomeapplicable to common stockholders totaled C$450K vs. lossof C$1.2M. Revenues reflect Petroleum and natural gas salesdecrease of 30% to C$673K. Net Income reflects General andadministrative decrease of 47% to C$252K (expense),Depletion and depreciation decrease of 71% to C$69K(expense).
Reporting Currency: Canadian Dollars
Enterprise value: $7.24M as of Mar 31, 2021
Annual revenue (TTM): $2.81M as of Mar 31, 2021
EBITDA (TTM): -$0.68M as of Mar 31, 2021
Net annual income (TTM): -$10.05M as of Mar 31, 2021
Free cash flow (TTM): -$1.03M as of Mar 31, 2021
Net Debt Last Fiscal Year: $2.18M as of Mar 31, 2021
Shares outstanding: 105,802,273 as of May 28, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization