Delta Oil & Gas(OTC) DLTA

Delta Oil & Gas, Inc. operates as an independent entity within the energy sector, primarily focusing on the acquisition, exploration, and development of crude oil and natural gas resources. Its operations extend across both the United States and Canada, with key assets including the Texas prospect in Newton County and the Premont Northwest field in Jim Wells County.

Products and Services

• Acquisition of crude oil and natural gas resources
• Exploration and development of energy assets
• Operations in both the U.S. and Canada

Growth Outlook

• Recent asset acquisitions may enhance resource base
• Expansion into new markets could drive revenue growth
• Focus on operational efficiency may improve profitability

Financial Highlights

• Latest quarterly revenue of 143,720 reflects stable operations
• Trailing twelve months gross profit margin at 76.63% indicates strong cost management
• Current ratio of 1.20 suggests adequate short-term financial health

Delta Oil & Gas, Inc. has established itself as a player in the energy sector, focusing on the acquisition and development of oil and gas resources. The company’s strategic assets in Texas position it well for future growth. Recent financial data indicates a stable revenue stream, with a gross profit margin that reflects effective cost management. The current ratio suggests that the company is in a position to meet its short-term obligations, which is a positive indicator for potential investors. The growth outlook remains promising, with opportunities for expansion and operational improvements that could enhance profitability in the coming years.