Stratex Oil & Gas Holdings, Inc. (STTX)
Stratex Oil & Gas Holdings, Inc. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Salt Lake City, UT, US. The stock last traded at $0.00, up 6.06% on the session, giving a market capitalisation of $452,568. On trailing twelve-month figures it carries a trailing P/E of -0.09, a net margin of -5323.5%. Its beta of 2.66 implies it has historically moved more than the broad market.
Stratex Oil & Gas Holdings, Inc. functions as an independent energy enterprise, with its core operations centered on the procurement, development, and production of crude oil primarily in Kansas and Texas. The company also maintains non-operating stakes in various oil and gas projects across North Dakota, Montana, Utah, Colorado, and Kansas. Beyond resource extraction, Stratex actively engages in the sale and distribution of oil and gas. As of March 31, 2015, the company's portfolio included ownership interests in 86 wells, along with approximately 35,317 net leasehold acres. These extensive land holdings span locations such as Sheridan, Montana; Williams, Billings, Divide, Mountrail, and Stark Counties in North Dakota; Weld County, Colorado; Central Kansas; Central Utah; and Zavala County, Texas. The entity was previously named Poway Muffler and Brake, Inc., but adopted its current identity, Stratex Oil & Gas Holdings, Inc., in May 2012. Its corporate headquarters are situated in Salt Lake City, Utah.
Stratex Oil & Gas Holdings, Inc. is most often compared with the following Energy names: