APHE Alpha Energy Dashboard

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

Ticker

APHE

Exchange

OTC

Fiscal year end

Dec 31

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Anadarko Petroleum • Marathon Oil • Apache • Devon Energy • Occidental Petroleum • EOG Resources • Pressburg • Ovintiv • California Resources ...

SEC CIK

0000855787

Corporate docs

Articles of Incorporation & Bylaws

Financial summary

Financial statements Chart APHE financial data

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

Competition

Marathon Oil • Conoco 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

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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Removed: August

From filing 10-Q 2020 Q3