0.13
—
Close of 30 Oct 2026, in USD
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About Norris Industries
From its filings with the US Securities and Exchange Commission
Norris Industries is based in Weatherford, Texas and is incorporated in Nevada. Its shares trade on OTC under the ticker NRIS. The SEC classifies its business as crude petroleum & natural gas. In the fiscal year to 28 February 2026, it reported revenue of $286,086 and a net loss of $661,431. At that date it held total assets of $252,449 and shareholders' equity of −$4.8m.
NRIS holds approximately 3,612 total gross acres in leaseholds in various areas of the North Central, and in North East Texas regions.
The Company plans to focus its limited resources on its existing leaseholds in the future.
Funding for any potential future acquisition may be provided by the Company’s strategic joint venture partnerships.
Company is currently listed on the OTCQB marketplace of OTC Link as an E&P oil and gas company.
1 buyer, they can handle pick-up and sales of our crude oil stock to refineries and gas via local gas pipelines.
Chief Accounting Officer and Chief Financial Officer; Ross Henry Ramsey, the President of the oil division and Board-Member.
Quoted from its 10-K, filed 29 May 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 14 Mar 2016
- Website
- iwpetroleum.com ↗
- Head office
- 102 PALO PINTO ST., WEATHERFORD, TX, 76086
- Incorporated in
- NV
- Classification
- Crude Petroleum & Natural Gas
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Patrick NorrisChairman of the Board, President, Chief Executive Officer, Chief Financial Officer, Company Secretary, since 2017$18,000
- Mr. Ross RamseyPresident of the Oil and Gas Division and Director, since 2011$79,200
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Headquartered in Weatherford, Texas, focusing on oil and gas properties in Texas.
- Operates in multiple Texas counties including Coleman, Jack, and Palo-Pinto.
- Owns multiple properties with a total of 20 gross oil and gas wells.
Weaknesses
- Relies solely on Texas for all operations and exploration activities.
- Limited to oil and gas properties within specific Texas regions.
- No mention of diversification beyond oil and gas exploration and production.
Opportunities
- Potential for expansion into the Permian Basin and other Texas regions.
- Additional acquisition opportunities in Central West, South, and East Texas.
- Development of exploration projects within the Bend Arch-Fort Worth Basin.
Threats
- Dependence on Texas oil and gas markets may lead to regional economic risks.
- No indication of strategies to mitigate market volatility in the energy sector.
- Limited operational presence outside Texas could hinder growth.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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