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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

18 May 21
2 Aug 21
31 Dec 21
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

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Competition
Marathon OilConoco 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
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Positive
Negative
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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