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Terrace Energy Corp. (V:TZR)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: 1424 Commercial Drive
VANCOUVER BC V5L 5G2
Tel: N/A
Website: terraceenergy.net
IR: See website
Key People
Daniel A. Carriere
Chairman of the Board
William David Gibbs
President, Chief Executive Officer, Director
Jennie Choboter
Chief Financial Officer
Business Overview
Terrace Energy Corp. is a Canada-based company. The Company is engaged in seeking and evaluating strategic alternative business opportunities. The Company was in the business of acquiring, exploring and developing conventional onshore oil and gas properties in the United States.
Financial Overview
For the nine months ended 31 October 2023, Terrace Energy Corp revenues was not reported. Net loss decreased 22% to C$53K. Lower net loss reflects Professional decrease from C$48K (expense) to C$0K, Transfer agent and filing fees decrease of 66% to C$16K (expense), Administrative decrease of 84% to C$4K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Oct 31, 2023
EBITDA (TTM): -$0.12M as of Oct 31, 2023
Net annual income (TTM): -$0.15M as of Oct 31, 2023
Free cash flow (TTM): $0.06M as of Oct 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 7,728,448 as of Oct 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization