Sector: Energy | Industry: Oil & Gas Exploration and Production |
Company Contact | |
Address: | 1911 Broad Street Regina SK S4P 1Y1 |
Tel: | N/A |
Website: | https://rokresources.ca |
IR: | See website |
Key People | ||
Cameron Taylor Chairman of the Board, Chief Executive Officer | Lynn Chapman Chief Financial Officer | Jared Lukomski Senior Vice President - Land and Business Development |
Business Overview |
ROK Resources Inc. is a Canada-based oil and gas company. The Company is primarily engaged in exploring for petroleum and natural gas development activities in Alberta and Saskatchewan. Its core assets include Southeast Saskatchewan, which comprises oil weighted conventional Frobisher and unconventional Midale prospects and covers over 131,000 net acres, and Kaybob Alberta, a gas weighted, stacked multi-zone reservoir with upside locations in the Cardium, Montney, Bluesky and Dunvegan formations. The Company covers over 75,000 gross (45,000 net) acres in Kaybob. The Company also has a 25% interest in a private entity, which holds certain Subsurface Mineral Dispositions in Saskatchewan, with a focus on potential lithium resource prospects. |
Financial Overview |
For the fiscal year ended 31 December 2023, ROK Resources Inc revenues decreased 4% to C$80.9M. Net loss totaled C$11M vs. income of C$80M. Revenues reflect Oil sales segment decrease of 4% to C$70.9M, Natural gas sales segment decrease of 6% to C$8.5M. Net loss reflects Operating expenses increase of 74% to C$44.1M (expense), Loss on debt settlement increase from C$320K to C$7.3M (expense). |
Employees: | 5 as of Dec 31, 2015 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $80.98M as of Dec 31, 2023 |
Annual revenue (TTM): | $80.86M as of Dec 31, 2023 |
EBITDA (TTM): | $27.28M as of Dec 31, 2023 |
Net annual income (TTM): | -$10.99M as of Dec 31, 2023 |
Free cash flow (TTM): | $0.22M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $14.54M as of Dec 31, 2023 |
Shares outstanding: | 218,418,315 as of Jan 19, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |