ProAm Explorations Corporation (V:PMX)
Business Focus: Oil & Gas Exploration and Production (NEC)
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
| Company Contact | |
| Address: | 867 West 3rd Street NORTH VANCOUVER BC V7P 1E2 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Donald L. Macdonald President, Chief Executive Officer, Director | ||
| Business Overview |
| ProAm Explorations Corporation is a Canada-based company. The Company operates in a single reportable operating segment, namely the acquisition, exploration and development of resource properties. Its principal business activities are oil and gas production and the exploration and development of its exploration and evaluation assets (E&EA). The Company is in the process of exploring and developing its E&EA. The Company's exploration and evaluation assets are Tucker County, Samuel Lake Project, and Jet Property. The Company owns working interests in a number of oil and gas properties, such as Muskingum Country, Eastern Ohio; Indiana County, Pennsylvania; Logan County, Arkansas, and Oklahoma City, Oklahoma. Its subsidiaries include OSEC Petroleum Canada Limited, OSEC Trading Crop, and OSEC Petroleum Inc. |
| Financial Overview |
| For the nine months ended 30 September 2023, ProAm Explorations Corporation revenues decreased 83% to C$3K. Net loss increased from C$14K to C$49K. Revenues reflect United States segment decrease of 91% to C$1K. Higher net loss reflects Office expenses increase of 65% to C$9K (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $0.69M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.02M as of Sep 30, 2023 |
| EBITDA (TTM): | -$0.12M as of Sep 30, 2023 |
| Net annual income (TTM): | -$0.13M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$0.11M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | $0.02M as of Sep 30, 2023 |
| Shares outstanding: | 17,769,736 as of Oct 23, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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