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
Employees
Fiscal year end
Industry (SIC)
SEC CIK
Press releases
Alpha Energy, Inc. (APHE) Restarts Oil Production from newly acquired Logan 1 leases and Commences Oil Sales – Energy Prices Continue Upward Trend
13 Jun 22
ALPHA ENERGY, INC. ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE 7 PRODUCING AND 21 ADDITIONAL OIL AND GAS WELL BORES IN SEMINOLE COUNTY, OKLAHOMA
31 May 22
Calendar
29 Jul 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.08M | 1.08M | 1.08M | 1.08M | 1.08M | 1.08M |
Cash burn (monthly) | (no burn) | (no burn) | 115.96K | 90.42K | 102.09K | 45.37K |
Cash used (since last report) | n/a | n/a | 512.97K | 399.97K | 451.59K | 200.7K |
Cash remaining | n/a | n/a | 565K | 678K | 626.38K | 877.26K |
Runway (months of cash) | n/a | n/a | 4.9 | 7.5 | 6.1 | 19.3 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Jan 22 | John F Lepin | Common Stock | Grant | Acquire A | No | No | 1 | 361,678 | 361.68K | 657,678 |
31 Dec 21 | John F Lepin | Common Stock | Grant | Acquire A | No | No | 1 | 37,000 | 37K | 296,000 |
31 Dec 21 | Lacie Kellogg | Common Stock | Grant | Acquire A | No | No | 1 | 12,000 | 12K | 196,000 |
31 Dec 21 | Richard Mark Nummi | Common Stock | Grant | Acquire A | No | No | 1 | 12,000 | 12K | 168,000 |
25 Oct 21 | John F Lepin | Common Stock | Grant | Acquire A | No | No | 1 | 12,000 | 12K | 0 |
25 Oct 21 | Lacie Kellogg | Common Stock | Grant | Acquire A | No | No | 1 | 12,000 | 12K | 184,000 |
25 Oct 21 | Richard Mark Nummi | Common Stock | Grant | Acquire A | No | No | 1 | 12,000 | 12K | 156,000 |
18 Aug 21 | John F Lepin | Common Stock | Grant | Acquire A | No | No | 1 | 12,000 | 12K | 0 |
18 Aug 21 | Richard Mark Nummi | Common Stock | Grant | Acquire A | No | No | 1 | 12,000 | 12K | 144,000 |
31 Mar 21 | John F Lepin | Common Stock | Grant | Acquire A | No | No | 1 | 12,000 | 12K | 0 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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Financial report summary
?Management Discussion
- We generated no revenues during the three months ended March 31, 2022 and 2021. Total operating expenses were $346,018 during the three months ended March 31, 2022 compared to $169,172 during the same period in 2021. The increase in operating expenses was due to a $136,769 increase in professional fees which were offset by $80,173 decrease in general and administrative expenses and a $120,250 gain on settlement of accounts payable in 2021.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
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Legalese | ||
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Readability |
H.S. freshman Avg
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New words:
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Removed:
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Current reports
8-K
Changes in Registrant's Certifying Accountant
20 Jul 22
8-K
Termination of a Material Definitive Agreement
6 Jul 22
8-K
Alpha Energy, Inc. Enters into Definitive Agreement to Acquire 7
31 May 22
8-K/A
Departure of Directors or Certain Officers
13 Apr 22
8-K
Changes in Control of Registrant
13 Apr 22
8-K
Alpha Energy, Inc. Closes on Definitive Agreement to Acquire 5
15 Mar 22
8-K
Alpha Energy, Inc. Signs Definitive Agreement to Acquire 6
22 Feb 22
8-K
Regulation FD Disclosure
24 Nov 20
8-K
Entry into a Material Definitive Agreement
25 Sep 20
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
22 Jul 20
Other
EFFECT
Notice of effectiveness
14 Dec 14
CORRESP
Correspondence with SEC
10 Dec 14
CORRESP
Correspondence with SEC
30 Nov 14
UPLOAD
Letter from SEC
13 Nov 14
CORRESP
Correspondence with SEC
27 Oct 14
UPLOAD
Letter from SEC
16 Oct 14
CORRESP
Correspondence with SEC
29 Sep 14
UPLOAD
Letter from SEC
20 Aug 14
Ownership
4
ALPHA ENERGY / Jay Leaver ownership change
27 Jun 22
3
ALPHA ENERGY / Jay Leaver ownership change
27 Jun 22
SC 13D
ALPHA ENERGY / AEI Acquisition ownership change
16 Jun 22
5
Annual statement of changes in insider ownership
26 Jan 22
3
Initial statement of insider ownership
26 Jan 22
5
ALPHA ENERGY / Richard Mark Nummi ownership change
19 Jan 22
5
ALPHA ENERGY / Richard Mark Nummi ownership change
19 Jan 22
5
ALPHA ENERGY / Richard Mark Nummi ownership change
19 Jan 22
5
ALPHA ENERGY / Lacie Kellogg ownership change
19 Jan 22
5
ALPHA ENERGY / Lacie Kellogg ownership change
19 Jan 22