Allied Resources(OTC) ALOD

Allied Resources, Inc. operates as an independent oil and natural gas producer, focusing on the discovery, development, extraction, and marketing of these resources throughout the United States. The company holds interests in 145 wells across West Virginia and Texas, showcasing a diverse portfolio in the energy sector.

Products and Services

• Oil and natural gas exploration and production
• Development and extraction of energy resources
• Marketing of oil and gas products

Growth Outlook

• Significant asset base with interests in over 145 wells
• Expansion potential in the growing U.S. energy market
• Focus on operational efficiency to enhance profitability

Financial Highlights

• Recent quarterly revenue of $65,364, showing potential for recovery
• Trailing twelve months (TTM) net profit margin of 70.25%
• Current ratio of 14.20 indicates strong liquidity position

Allied Resources, Inc. has established itself in the oil and gas exploration and production industry since its inception in 1979. The company’s diverse asset portfolio, including interests in multiple wells across key states, positions it well for future growth. The recent quarterly revenue indicates a potential recovery trajectory, while the impressive TTM net profit margin reflects operational efficiency. With a strong liquidity position, as evidenced by a current ratio of 14.20, Allied Resources is well-equipped to navigate the challenges of the energy sector. The focus on enhancing profitability through operational efficiency further underscores the company's commitment to maximizing shareholder value.