Southern Pacific Resource(OTC) STPJF

Southern Pacific Resource Corp. is engaged in the development, exploration, and production of in-situ oil sands and heavy oil properties in Western Canada. The company primarily holds significant working interests in oil sands leases located in Alberta and Saskatchewan.

Products and Services

• Development of in-situ oil sands
• Exploration of heavy oil properties
• Production of oil from Alberta and Saskatchewan assets

Growth Outlook

• Significant oil sands leases covering approximately 37,760 net acres
• Focus on enhancing production capabilities in Alberta and Saskatchewan
• Potential for increased demand in the energy sector

Financial Highlights

• Recent quarterly revenue of CAD 27.08 million
• Trailing twelve months (TTM) gross profit margin of 36.5%
• Current ratio of 1.97 indicates strong liquidity position

Southern Pacific Resource Corp. operates in the oil and gas exploration and production sector, focusing on in-situ oil sands and heavy oil properties. The company has established a solid foundation with significant assets in Alberta and Saskatchewan, positioning itself for potential growth in the energy market. Recent financial performance shows a quarterly revenue of CAD 27.08 million, reflecting the company's operational capabilities. The TTM gross profit margin of 36.5% indicates effective cost management and operational efficiency. Additionally, a current ratio of 1.97 suggests a strong liquidity position, allowing the company to meet its short-term obligations effectively. Overall, Southern Pacific Resource Corp. presents an intriguing opportunity for investors interested in the energy sector.