Norris Industries, Inc. (NRIS)
Norris Industries, Inc. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Weatherford, TX, US. The stock last traded at $0.13, up 0.00% on the session, giving a market capitalisation of $14.2M. On trailing twelve-month figures it carries a trailing P/E of -19.28, a net margin of -259.6%. Its beta of -0.08 implies it has historically moved less than the broad market.
Norris Industries, Inc. is an energy company primarily focused on the exploration, acquisition, and development of crude oil and natural gas properties across Texas. Its principal assets are concentrated in the Ellenberger formation within Coleman County, with additional holdings in Jack and Palo-Pinto Counties. As of March 1, 2022, the firm possessed approximately 29 thousand barrels of proved oil reserves and 150 million cubic feet of proved natural gas reserves. Established in 2014, the company was formerly known as International Western Petroleum, Inc. before changing its name to Norris Industries, Inc. in February 2018. The corporate headquarters are situated in Weatherford, Texas.
Norris Industries, Inc. is most often compared with the following Energy names: