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APHE Alpha Energy

Alpha Energy Inc. (the Company) was incorporated in September 26, 2013 in the State of Colorado. The Company was organized under the laws of the State of Colorado in September 2013 for the purpose of purchasing, developing and operating oil and gas leases. On February 23, 2018, Alpha Energy Inc. formed a wholly owned subsidiary, Alpha Energy Texas Operating, LLC, to administer operations.

Company profile

Calendar

24 Mar 21
17 Apr 21
31 Dec 21
Quarter (USD)
Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 470 470 470 470 470 470
Cash burn (monthly) 1.61K 42.58 67.56K 55.99K 3.77K 7.11K
Cash used (since last report) 10.59K 280.88 445.59K 369.32K 24.88K 46.92K
Cash remaining -10.12K 189.12 -445.12K -368.85K -24.41K -46.45K
Runway (months of cash) -6.3 4.4 -6.6 -6.6 -6.5 -6.5

Beta Read what these cash burn values mean

Financial report summary

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Competition
Marathon OilConoco Phillips
Management Discussion
  • We generated revenues of $1,217 and $3,857 during the nine months ended September 30, 2020 and 2019, respectively. Total operating expenses were $475,676 during the nine months ended September 30, 2020 compared to $680,935 during the same period in 2019. The decrease in operating expenses were due to a decrease in consulting fees of $160,456, $50,000 decrease in impairment loss which were offset with a $20,850 increase in legal expenses. The remaining difference in operating expenses were related to other general and administrative expenses.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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Removed: August