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 interests in significant oil sands leases in Alberta and thermal heavy oil assets in Saskatchewan.

Products and Services

• Development and production of oil sands
• Exploration of heavy oil properties
• Management of oil sands leases in Alberta and Saskatchewan

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 oil and gas 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 a robust asset base, with significant working interests in key oil sands leases. The growth outlook remains positive, driven by the potential for increased production and demand in the energy sector. Recent financial performance shows a notable revenue figure, alongside a healthy gross profit margin, indicating operational efficiency. The current ratio suggests that the company is well-positioned to meet its short-term obligations, reflecting a stable liquidity position. Overall, Southern Pacific Resource Corp. presents an intriguing opportunity for investors interested in the energy sector.