1st NRG Corp (PK:FNRC)
Business Focus: Unconventional Oil & Gas Production
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Latest 10 SEC Form 4 filings for FNRC*US within the last 6 months
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Company News
Mar 21, 2018 09:37 ET
1st NRG Corp Q1 2018 Corporate and JV Update
DENVER, CO, March 21, 2018 (GLOBE NEWSWIRE) -- 1st NRG Corp. (OTCBB: FNRC.PK), an exploration and production company headquartered in Denver, Colorado, has issued its Q1 2018 corporate update to shareholders on the Company’s progress.
Dec 12, 2017 08:00 ET
1st NRG Corp. Announces Joint Venture and provides Q4 2017 Corporate Update
Denver, Colorado, Dec. 12, 2017 (GLOBE NEWSWIRE) -- 1st NRG Corp. (OTCBB: FNRC.PK), an exploration and production company headquartered in Denver, Colorado, has issued its Q4 corporate update to shareholders on the Company’s progress.
Valuation Ratios
Industry
Sector
Beta
N/A
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Price to Sales - TTM
0.31
0.55
1.64
Price to Book - most recent quarter
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0.48
1.48
Price to Cash Flow per share - TTM
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4.58
6.40
Price to Free Cash Flow per share - TTM
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16.90
Business Summary
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
1st NRG Corp. is an exploration and production company. The Company is engaged in the exploration, development, production and sale of oil and natural gas. It is engaged in the development of natural gas producing properties in the Powder River Basin of Wyoming. It is also pursuing prospective acquisitions in coal bed methane (CBM) fields in the Powder River Basin of Wyoming. It is involved in the development of CBM reserves where it holds a working interest in over 40 producing wells and approximately 3,060 undeveloped acres and in Ohio. It has an acreage encompassing approximately 7,000 acres. A vertical test well was drilled, logged, cored and cased to a depth of approximately 7,620 feet and testing of the well, the results of a diagnostic fracture injection test and analysis of the cores, proved inconclusive in the Utica Shale. The Company holds an interest in the well and is proceeding in over two zones of interest, the Conasauga formation and the Beekmantown Dolomite.
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