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 • Occidental Petroleum • Marathon Oil • Apache • Chesapeake Energy • Devon Energy • EOG Resources • Pressburg • Ovintiv ...

SEC CIK

0000855787

Corporate docs

Articles of Incorporation & Bylaws

Financial summary

Financial statements Chart APHE financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
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)		308	308	308	308	308
Cash burn (monthly)		401.42	56.39K	147.58K	39.56K	17.67K
Cash used (since last report)		1.64K	230.37K	602.87K	161.63K	72.2K
Cash remaining		-1.33K	-230.06K	-602.56K	-161.32K	-71.89K
Runway (months of cash)		-3.3	-4.1	-4.1	-4.1	-4.1

Beta Read what these cash burn values mean

Financial report summary

Competition

Marathon Oil • Conoco Phillips

Management Discussion

We generated revenues of $0 and $346 during the three months ended March 31, 2021 and 2020, respectively. Total operating expenses were $169,172 during the three months ended March 31, 2021 compared to $131,301 during the same period in 2020. The increase in operating expenses were due to an increase in general and administrative expenses of $146,202, increase in professional fees of $11,919 which were offset by a gain on settlement of accounts payable of $120,250.

Content analysis

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

New words: advanced, cancelled, compounded, deposit, diligence, discovered, Extension, investing, settlement, write, wrote

Removed: account, AEI, assignment, Brian, Bulletin, Codification, combined, consulting, Coral, corrected, Correcting, correction, decrease, deemed, Error, exclusivity, Holding, immaterial, incorrect, leaving, legend, Lincoln, Managing, Member, operator, owner, Progressive, Quantifying, recording, repaid, residual, restatement, restricting, resulted, revolving, SAB, Service, Subsequent, summarize, Tribble

From filing 10-Q 2021 Q1