Pilgrim Petroleum Corporation (PGPM)
Pilgrim Petroleum Corporation operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Addison, TX, US. The stock last traded at $0.00, up 0.00% on the session, giving a market capitalisation of $43,065. On trailing twelve-month figures it carries a trailing P/E of -0.10, a net margin of 0.0%. Its beta of -34.00 implies it has historically moved less than the broad market.
Pilgrim Petroleum Corporation is an energy firm engaged in the exploration, development, and production of oil and natural gas. The company's primary focus is on acquiring, developing, and operating properties that possess proven crude oil and natural gas reserves across the United States. Its current holdings encompass various projects situated throughout Northwest Texas, including the Electra Rework prospect located in Wichita and Willbarger Counties, Texas, and the City National Bank Discovery Well prospect within Archer County, Texas. In addition to its direct E&P activities, Pilgrim Petroleum also provides specialized services to other small and mid-sized exploration and development companies. The company was founded in 1997 and was initially known as BNP Petroleum Corp. It officially adopted the name Pilgrim Petroleum Corporation in July 2005. Its corporate headquarters are located in Addison, Texas.
Pilgrim Petroleum Corporation is most often compared with the following Energy names: