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PetroShale Inc. (V:PSH)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
See Regulatory Filings on SEDAR
Company Contact
Address: 3230-421 7 Ave SW
CALGARY AB T2P 4K9
Tel: 1-403-8280146
Website: www.petroshaleinc.com
IR: See website
Key People
M. Bruce Chernoff
Executive Chairman of the Board
David J. Rain
Interim Chief Executive Officer, Director
Caleb George Morgret
Chief Financial Officer
Antonio Izzo
Vice President, Business Development
   
Business Overview
PetroShale Inc (PetroShale) is a Canada-based oil company. The Company is engaged in the acquisition, development and consolidation of interests in the North Dakota Bakken/Three Forks. The Company operates in the production of petroleum and natural gas and the exploration for and development of oil and natural gas properties segment. The Company and its subsidiaries operate in two geographical segments, namely, Canada and the United States. The Company owns interests in certain oil and natural gas leases beneath the Missouri River in North Dakota. PetroShale (US), Inc is the Company's subsidiary.
Financial Overview
For the nine months ended 30 September 2020,Petroshale Inc revenues decreased 3% to C$81.5M. Net losstotaled C$49.6M vs. income of C$5.7M. Revenues reflectUnrealized gain (loss) on financial deri decrease from C$0Kto -C$3.5M, Realized loss on financial derivatives decreasefrom C$0K to -C$1.7M. Net loss reflects Transportationincrease of 86% to C$8.7M (expense), Senior loan interestincrease of 67% to C$7.3M (expense).
Employees: 15 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $307.81M as of Sep 30, 2020
Annual revenue (TTM): $130.11M as of Sep 30, 2020
EBITDA (TTM): $74.44M as of Sep 30, 2020
Net annual income (TTM): -$39.96M as of Sep 30, 2020
Free cash flow (TTM): -$28.38M as of Sep 30, 2020
Net Debt Last Fiscal Year: $329.00M as of Sep 30, 2020
Shares outstanding: 188,357,215 as of Sep 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization