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PetroShale Inc. (V:PSH)

Business Focus: Oil & Gas Exploration and Production

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Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: 3900-350 7 Ave SW
Tel: 1-403-8280146
Website: N/A
Key People
M. Bruce Chernoff
Executive Chairman of the Board
Mike Wood
President, Chief Executive Officer
Caleb Morgret
Chief Financial Officer
Antonio Izzo
Vice President, Business Development
Nicole Bacsalmasi
Corporate Secretary
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 fiscal year ended 31 December 2018, Petroshale Inc revenues increased from C$31M to C$94.7M. Net income totaled C$27.1M vs. loss of C$3.1M. Revenues reflect Petroleum and natural gas increase from C$43.3M to C$121.8M, Unrealized gain (loss) on financial deri increase from -C$3.1M to C$3.4M. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to C$0.16.
Employees: 7 as of Dec 31, 2013
Reporting Currency: Canadian Dollars
Enterprise value: $347.97M as of Mar 31, 2019
Annual revenue (TTM): $94.68M as of Mar 31, 2019
EBITDA (TTM): $66.27M as of Mar 31, 2019
Net annual income (TTM): $27.06M as of Mar 31, 2019
Free cash flow (TTM): -$123.21M as of Mar 31, 2019
Net Debt Last Fiscal Year: $159.82M as of Mar 31, 2019
Shares outstanding: 192,173,075 as of Jun 14, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization