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 working and royalty interests in numerous wells

Growth Outlook

• Significant leasehold positions across 340,700 developed acres
• Working interests in 7,100 net wells enhance production capabilities
• Strategic focus on both conventional and unconventional resources

Financial Highlights

• Recent quarterly revenue of 4.96 million, showing operational activity
• Trailing twelve months (TTM) gross profit margin at 30.2%
• Current ratio of 0.54 indicates liquidity management

Carbon Energy Corporation operates primarily in the oil and gas sector, with a strategic emphasis on both conventional and unconventional resources. The company has established a substantial portfolio, holding significant interests in numerous wells across various states. The recent quarterly revenue indicates ongoing operational activity, while the gross profit margin reflects the company's ability to manage costs effectively. The current ratio suggests a focus on maintaining liquidity, which is crucial for navigating the volatile energy market. Overall, Carbon Energy Corporation presents a compelling opportunity for investors interested in the energy sector.