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Close of 30 Oct 2026, in USD
About Petrotech Oil & Gas
Its shares trade under the ticker PTOG. It has been listed since 12 July 2001. In the fiscal year to 31 December 2013, it reported revenue of $5,000 and a net loss of $5.1m. At that date it held total assets of $320,571 and shareholders' equity of −$5.5m.
PetroTech Oil & Gas, Inc. is a oil and gas property acquisition, drilling oil and gas wells and exploration services company. The company is headquartered in Bedford, Texas. The company went IPO on 2001-07-12. The firm is also a construction and heavy equipment company. The firm is focusing on developing and acquisitions of technology in secondary oil recovery, oil and gas reporting software, trading software and Nitrogen and CO2 injection equipment. Enhanced oil recovery is also called improved oil recovery or tertiary recovery. The Company’s services include Work over and Installation Services, Heavy Equipment Services, Nitrogen, CO2 and Gas Mixture Treatments, Exhaust Gas Unit, Gas Assisted Gravity Drainage and Reservoir Development.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 12 Jul 2001
- Employees
- 3
Leadership
Pay as last reported
- Greg BarelaChief Executive Officer
- Rick ArmstrongChief Operating Officer
- Darren EverittPresident, Secretary, Director, since 2000$40,000
- Karl KarlssonVice President of Sales, Director, since 2000$40,000
- Ken St. ClairDirector
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
- Strong market presence: Petrotech Oil & Gas Inc holds a prominent position in the oil and gas industry, benefiting from its well-established reputation and extensive network.
- Diverse product portfolio: The company offers a range of oil and gas products, catering to various customer demands and market segments, which ensures revenue stability.
- Technological expertise: Petrotech Oil & Gas Inc possesses advanced technological capabilities, allowing them to explore and extract fossil fuel resources efficiently, resulting in improved operational efficiency.
Weaknesses
- Vulnerability to oil price fluctuations: As a significant player in the oil and gas industry, Petrotech Oil & Gas Inc is exposed to market volatility and fluctuations in oil prices, impacting profitability.
- Limited renewable energy offerings: The company's focus on conventional oil and gas resources leaves them relatively less diversified in the rapidly growing renewable energy sector, potentially missing out on valuable opportunities.
- Environmental concerns: The reliance on fossil fuels raises environmental concerns, which can lead to reputational damage and regulatory hurdles, affecting both operational and financial performance.
Opportunities
- Expansion into renewable energy: Investing in renewable energy sources such as solar and wind power can help Petrotech Oil & Gas Inc leverage growing market trends, reduce environmental impact, and establish a presence in the sustainable energy sector.
- Exploration in untapped markets: Expanding operations in emerging markets with untapped oil and gas reserves presents the opportunity for Petrotech Oil & Gas Inc to increase its asset base and tap into new revenue streams.
- Technological advancements: Staying at the forefront of technological developments in the industry enables Petrotech Oil & Gas Inc to enhance extraction methods, improve safety standards, and remain competitive.
Threats
- Regulatory changes and geopolitical risks: Shifting government policies, environmental regulations, and geopolitical tensions can disrupt operations and affect market stability, posing challenges to Petrotech Oil & Gas Inc's growth strategy.
- Increasing competition: The oil and gas industry is highly competitive, with the emergence of new players and alternative energy sources. Petrotech Oil & Gas Inc must continuously innovate and adapt to maintain its market share.
- Volatile global economy: Economic downturns and fluctuations can impact oil and gas demand, leading to reduced revenue and profitability for Petrotech Oil & Gas Inc.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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