ReoStar Energy Corp. (REOS) Stock
ReoStar Energy Corporation is an energy company primarily involved in the discovery, development, and acquisition of hydrocarbon resources, with its operations centered in Texas. The company holds rights to approximately 9,000 acres under lease.
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About ReoStar Energy Corp.
ReoStar Energy Corporation is an energy company primarily involved in the discovery, development, and acquisition of hydrocarbon resources, with its operations centered in Texas. The company holds rights to approximately 9,000 acres under lease. This acreage comprises 5,000 acres earmarked for new exploration and development, alongside 4,000 acres dedicated to enhanced oil recovery (EOR) initiatives. Founded in 2004, the firm, initially named Goldrange Resources, Inc., officially adopted the ReoStar Energy Corporation identity in November of that year. Its corporate headquarters are situated in Fort Worth, Texas.
ReoStar Energy Corp. is headquartered in US.
ReoStar Energy Corp. (REOS) stock trades at $0.02 with a market capitalization of $2.11M. The stock is valued at a negative price-to-earnings (P/E) ratio of -44.65, reflecting a net loss over the last twelve months, a negative price-to-book of -51.34, reflecting negative shareholders' equity, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.00 and $0.04, and currently trades 50.0% below its 52-week high.
On profitability, ReoStar Energy Corp. generates a return on equity (ROE) of 270.52% (not meaningful, as shareholders' equity is negative), return on capital employed of 240.02%.
Official website: www.reostarenergycorp.com
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