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Renaissance Oil Corp. (V:ROE)

Business Focus: Integrated Oil & Gas

Sector:  Energy Industry:  Integrated Oil & Gas
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1500 - 999 West Hastings Street
VANCOUVER BC V6C 2W2
Tel: N/A
Website: www.renaissanceoil.com
IR: See website
Key People
Craig A. Steinke
Chief Executive Officer, Director
Carlos Javier Escribano
Chief Financial Officer
Carol Ann Law
Chief Operating Officer
Kevin John Smith
Vice President - Business Development
Wade Spark
Operations Manager, Northern Mexico
Willem Veltman
Operations Manager, Southern Mexico
Carmen Etchart
Corporate Secretary
   
Business Overview
Renaissance Oil Corp., formerly San Antonio Ventures Inc., is engaged in the acquisition, exploration and development of oil and gas properties. The Company is focused on developing a diversified shale gas and shale oil land portfolio in Mexico. It principally focuses on the investigation of gas and oil land prospects in Mexico. The Company operates through three segments: Canada, Spain and Mexico. The Company has license contracts for the Mundo Nuevo, Topen and Malva blocks, located in Chiapas, Mexico. The Mundo Nuevo block is located over 40 kilometers southwest of the city of Villahermosa, Tabasco. The Topen block is located approximately 40 kilometers southwest of the city of Villahermosa, Tabasco. The Malva block is located over 60 kilometers southwest of the city of Villahermosa, Tabasco. The Ponton block is located over 20 kilometers southeast of Panuco city, Veracruz. The Company has not generated revenues from operations.
Financial Overview
For the nine months ended 30 September 2020,Renaissance Oil Corp revenues decreased 34% to C$2.1M. Netloss increased 4% to C$2.1M. Revenues reflect Revenuedecrease of 34% to C$9.7M. Higher net loss reflects Equityloss on investment in associate increase from C$352K toC$864K (expense), Share-based compensation increase fromC$0K to C$354K (expense). Basic Earnings per Shareexcluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $32.67M as of Sep 30, 2020
Annual revenue (TTM): $3.11M as of Sep 30, 2020
EBITDA (TTM): -$1.94M as of Sep 30, 2020
Net annual income (TTM): -$3.00M as of Sep 30, 2020
Free cash flow (TTM): $7.41M as of Sep 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 353,339,509 as of Nov 24, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization