Carbon Energy(OTC) CRBO

Carbon Energy Corporation is an independent enterprise focused on oil and natural gas exploration and production. The company engages in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids across the United States.

Products and Services

• Exploration and production of crude oil and natural gas
• Development of unconventional reservoir formations
• Management of extensive leasehold positions across multiple states

Growth Outlook

• Significant working interests in over 7,100 net wells
• Strategic focus on both conventional and unconventional resources
• Potential for expansion in the Appalachian, Illinois, and Ventura Basins

Financial Highlights

• Recent quarterly revenue of $4.96 million, showing operational activity
• Trailing twelve months (TTM) revenue of $42.47 million, indicating market presence
• Current ratio of 0.54, reflecting short-term liquidity position

Carbon Energy Corporation operates in a competitive sector, focusing on both conventional and unconventional oil and gas resources. The company has established a substantial portfolio, holding interests in thousands of wells and significant leasehold positions. The recent quarterly revenue indicates ongoing operational activity, while the TTM revenue reflects a consistent market presence. The current ratio suggests a moderate liquidity position, which is essential for managing short-term obligations. With a strategic emphasis on resource-rich areas, Carbon Energy Corporation is positioned for potential growth in the evolving energy landscape.