Southern Energy(OTC) SOUTF

Southern Energy Corp. is an upstream energy company focused on the exploration and production of crude oil and natural gas. Based in Calgary, Canada, the company primarily operates in the Central Mississippi region, managing approximately 30,500 acres of key assets.

Products and Services

• Exploration and production of crude oil
• Natural gas extraction and processing
• Management of oil and gas production sites in Mississippi

Growth Outlook

• Recent quarterly revenue of $3.02 million indicates potential for recovery
• Significant gross profit margin improvement from 8.5% to 26.5% over two quarters
• Strategic focus on expanding operations in the Central Mississippi region

Financial Highlights

• Trailing twelve months (TTM) revenue of $12.5 million
• Quarterly net income improved to -$396,664 from -$1.29 million
• Current ratio of 0.77 suggests manageable short-term liabilities

Southern Energy Corp. has established itself as a notable player in the oil and gas sector, particularly in the Central Mississippi region. The company has shown resilience, with recent financial data indicating a potential turnaround. The latest quarterly revenue reflects a positive trend, suggesting that operational strategies may be yielding results. The improvement in gross profit margin is particularly noteworthy, as it demonstrates the company's ability to enhance profitability despite challenges in the market. The focus on expanding operations in a key region may further bolster growth prospects, making Southern Energy Corp. an intriguing option for investors interested in the energy sector. Overall, the financial metrics indicate a company that is navigating through its challenges while positioning itself for future growth.