REOS
Price:
$0.0052
Market Cap:
$459.39K
ReoStar Energy Corporation engages in the exploration, development, and acquisition of oil and gas properties primarily in Texas. It owns approximately 9,000 acres of leasehold, which include 5,000 acres of exploratory and developmental prospects, as well as 4,000 acres of enhanced oil recovery prospects. The company was formerly known as Goldrange Resources, Inc. and changed its name to ReoStar Energy Corporation in November 2004. ReoStar Energy Corporation was incorporated in 2004 and is headquartered in Fort Worth, Texas.
Industry
Oil & Gas Exploration & Production
IPO Date
2006-09-08
Stock Exchange
OTC
Ticker
REOS
According to ReoStar Energy Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 2.27. This represents a change of 100.00% compared to the average of 1.14 of the last 4 quarters.
The mean historical Current Ratio of ReoStar Energy Corp. over the last ten years is 1.23. The current 2.27 Current Ratio has changed 18.41% with respect to the historical average. Over the past ten years (40 quarters), REOS's Current Ratio was at its highest in in the June 2009 quarter at 6.70. The Current Ratio was at its lowest in in the September 2023 quarter at -0.00.
Average
1.23
Median
0.32
Minimum
-0.00
Maximum
4.67
Discovering the peaks and valleys of ReoStar Energy Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 4.67
Minimum Annual Increase = -41366.67%
Minimum Annual Current Ratio = -0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.27 | Infinity% |
| 2023 | 0 | -100.00% |
| 2022 | 0.32 | -41366.67% |
| 2021 | -0.00 | -100.46% |
| 2010 | 0.17 | -96.40% |
| 2009 | 4.67 | 870.80% |
| 2008 | 0.48 | 399.52% |
| 2007 | 0.10 | -96.85% |
The current Current Ratio of ReoStar Energy Corp. (REOS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.87
5-year avg
0.55
10-year avg
1.23
ReoStar Energy Corp.’s Current Ratio is greater than Avila Energy Corporation (0.01), less than Iona Energy Inc. (3.28), greater than Border Petroleum Limited (0.49), greater than Pambili Natural Resources Corporation (0.07), greater than Twin Butte Energy Ltd. (0.35), greater than ZaZa Energy Corporation (0.40), greater than Carbon Energy Corporation (0.54), greater than Arkanova Energy Corporation (0.05), greater than Energy Finders, Inc. (0.01), greater than SMG Industries Inc. (0.45),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.01 | $135.90K | |
| 3.28 | $37.06K | |
| 0.49 | $487.23K | |
| 0.07 | $316.30K | |
| 0.35 | $354.85K | |
| 0.40 | $345.40K | |
| 0.54 | $1.04K | |
| 0.05 | $5.42K | |
| 0.01 | $616.43K | |
| 0.45 | $348.47K |
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