ReoStar Energy Corp. (REOS)
ReoStar Energy Corp. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Pasadena, CA, US. The stock last traded at $0.02, up 10.67% on the session, giving a market capitalisation of $2.2M. On trailing twelve-month figures it carries a trailing P/E of -46.52, a net margin of 0.0%. Its beta of -1.14 implies it has historically moved less than the broad market.
ReoStar Energy Corporation is an energy company primarily involved in the discovery, development, and acquisition of hydrocarbon resources, with its operations centered in Texas. The company holds rights to approximately 9,000 acres under lease. This acreage comprises 5,000 acres earmarked for new exploration and development, alongside 4,000 acres dedicated to enhanced oil recovery (EOR) initiatives. Founded in 2004, the firm, initially named Goldrange Resources, Inc., officially adopted the ReoStar Energy Corporation identity in November of that year. Its corporate headquarters are situated in Fort Worth, Texas.
ReoStar Energy Corp. is most often compared with the following Energy names: