West Texas Resources, Inc.

West Texas Resources, Inc.verified

WTXR

Price:

$0.093

Market Cap:

$1.67M

West Texas Resources, Inc. acquires, explores for, and develops oil and gas properties in North America. The company holds a 50% working interest in non-operating leases covering approximately 1,070 gross mineral acre leases in a property located in Hale County, Texas; 1% working interest in an oil prospect located in Floyd County, Texas; 25% working interest in oil and gas properties located in Gregg County, Texas; and 25% working interest in an East Texas oil and gas property. It also holds a 100% interest in Kiowa properties located in North Dakota, Florida, Illinois, and Kentucky. The company was formerly known as Texas Resources Energy, Inc. and changed its name to West Texas Resources,...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2012-11-27

Stock Exchange

OTC

Ticker

WTXR

The Current Ratio as of December 2025 (TTM) for West Texas Resources, Inc. (WTXR) is 0.01

According to West Texas Resources, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -52.50% compared to the average of 0.01 of the last 4 quarters.

West Texas Resources, Inc. (WTXR) Historical Current Ratio (quarterly & annually)

How has WTXR Current Ratio performed in the past?

The mean historical Current Ratio of West Texas Resources, Inc. over the last ten years is 0.12. The current 0.01 Current Ratio has changed 426.35% with respect to the historical average. Over the past ten years (40 quarters), WTXR's Current Ratio was at its highest in in the March 2012 quarter at 0.92. The Current Ratio was at its lowest in in the June 2011 quarter at 0.

Quarterly (TTM)
Annual

Average

0.12

Median

0.03

Minimum

0.01

Maximum

0.52

West Texas Resources, Inc. (WTXR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of West Texas Resources, Inc. 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 = 120.49%

Maximum Annual Current Ratio = 0.52

Minimum Annual Increase = -89.70%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.02-20.93%
20230.02-4.10%
20220.0242.52%
20210.01120.49%
20200.01-86.01%
20190.05-33.87%
20170.0730.39%
20160.05-89.70%
20150.5226.01%
20140.41-35.53%

West Texas Resources, Inc. (WTXR) Average Current Ratio

How has WTXR Current Ratio performed in the past?

The current Current Ratio of West Texas Resources, Inc. (WTXR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.02

5-year avg

0.02

10-year avg

0.12

West Texas Resources, Inc. (WTXR) Current Ratio vs. Peers

How is WTXR’s Current Ratio compared to its peers?

West Texas Resources, Inc.’s Current Ratio is less than Mogul Energy International, Inc. (0.30), less than Columbine Valley Resources, Inc. (0.12), less than Okmin Resources, Inc. (0.02), less than CGrowth Capital, Inc. (0.46), less than Gordon Creek Energy Inc. (0.01), less than WesCan Energy Corp. (0.24), less than SDX Energy plc (1.20), less than TomCo Energy Plc (0.95), less than Westmount Energy Limited (3.39), less than FEC Resources Inc. (0.01),

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