Description: Altex Industries, Inc. is a holding company. The Company, through its subsidiary Altex Oil Corporation (AOC), owns interests, including working interests, in productive oil and gas properties. These oil and gas properties are located in Utah and Wyoming. The Company also has participated in the drilling of exploratory and development wells, and in recompletions of existing wells. All of AOC's interests are in properties operated by other companies. The operators of producing properties in which AOC has an interest sell produced oil and gas to refiners, pipeline operators, and processing plants. As of September 30, 2016, the Company had an estimated reserve of 3,200 barrels of proved, developed oil reserves. As of December 23, 2016, the Company owned working interests in two gross (0.22 net) productive oil wells (which produce associated natural gas), no wells producing only natural gas, and 203 gross (13 net) developed acres.
Home Page: altexinc.com
700 Colorado Boulevard
Denver,
CO
80206-4084
United States
Phone:
780 468 6862
Officers
| Name | Title |
|---|---|
| Mr. Steven H. Cardin | Chairman, CEO, Principal Financial Officer & Principal Accounting Officer |
Exchange: PINK
Country: US
Currency: US Dollar ($)
| GIC Sector: | Energy |
|---|---|
| GIC Group: | Energy |
| GIC Industry: | Oil, Gas & Consumable Fuels |
| GIC Sub-Industry: | Oil & Gas Exploration & Production |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 2.5025 |
| Price-to-Book MRQ: | 0.7151 |
| Price-to-Sales TTM: | 18.2618 |
| IPO Date: | |
| Fiscal Year End: | September |
| Full Time Employees: | 0 |