New Stratus Energy Inc. (NSE.V)
New Stratus Energy Inc. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $0.73, down 3.95% on the session, giving a market capitalisation of $98.9M. Its beta of 2.30 implies it has historically moved more than the broad market.
New Stratus Energy Inc. is an upstream energy company primarily focused on acquiring, exploring, and developing oil and natural gas assets across South America. Its portfolio includes a farm-in agreement for the full ownership of Block VMM-18 in Colombia's Cuenca Valle Medio del Magdalena basin. Additionally, the company manages the Block 16 and 67 oil consortiums located in Ecuador. Established in 2005, the firm operated as Red Rock Energy Inc. before rebranding to New Stratus Energy Inc. in August 2017. Its corporate headquarters are situated in Calgary, Canada.
New Stratus Energy Inc. is most often compared with the following Energy names: