Titan Nrg(OTC) TTNN

Titan NRG Inc. operates as a downstream energy and transportation provider across the United States. The company manages a fleet of transport vehicles and supplies propane while participating in the wholesale trading of liquefied petroleum gas (LPG) products.

Products and Services

• Retail and commercial propane supply in southern Arizona
• Wholesale trading of liquefied petroleum gas (LPG)
• Management of a fleet of 25 transport vehicles across nine states

Growth Outlook

• Recent quarterly revenue increased to $2.4 million, up from $2.2 million
• Gross profit margin improved to 48.7% in the latest quarter
• Long-term lease on an 18-car rail facility enhances storage capacity

Financial Highlights

• Trailing twelve months (TTM) revenue of $9.1 million, reflecting steady growth
• Net income of $359,486 reported in the latest quarter
• Current ratio of 1.06 indicates solid short-term financial health

Titan NRG Inc. has established itself as a key player in the energy sector, particularly in the propane market. The company’s strategic operations in Arizona and its extensive transport fleet position it well for future growth. Recent financial performance shows a positive trend, with increasing revenue and improved profit margins. The company's ability to manage costs effectively while expanding its service offerings is noteworthy. The long-term lease on a rail facility further strengthens its operational capabilities, providing significant storage capacity for propane and butane. Overall, Titan NRG Inc. presents a compelling opportunity for investors interested in the energy sector.