NRIS
Price:
$0.06
Market Cap:
$6.49M
Norris Industries, Inc. engages in the acquisition, exploration, and development of crude oil and natural gas properties in Texas. The company's principal properties are located in the Ellenberger formation in Coleman County, as well as the Jack and Palo-Pinto Counties. As of March 1, 2022, it had total proved reserves of approximately 29 thousands of barrels of oil and 150 millions of cubic feet of natural gas. The company was formerly known as International Western Petroleum, Inc. and changed its name to Norris Industries, Inc. in February 2018. Norris Industries, Inc. was incorporated in 2014 and is headquartered in Weatherford, Texas.
Industry
Oil & Gas Exploration & Production
IPO Date
2016-05-09
Stock Exchange
PNK
Ticker
NRIS
According to Norris Industries, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -6.00. This represents a change of 13.97% compared to the average of -5.26 of the last 4 quarters.
The mean historical PE Ratio of Norris Industries, Inc. over the last ten years is -128.10. The current -6.00 PE Ratio has changed 368.40% with respect to the historical average. Over the past ten years (40 quarters), NRIS's PE Ratio was at its highest in in the February 2020 quarter at -0.55. The PE Ratio was at its lowest in in the May 2015 quarter at -838.98.
Average
-128.10
Median
-13.43
Minimum
-917.38
Maximum
-1.51
Discovering the peaks and valleys of Norris Industries, Inc. PE 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 = 2.45%
Maximum Annual PE Ratio = -1.51
Minimum Annual Increase = -94.06%
Minimum Annual PE Ratio = -917.38
Year | PE Ratio | Change |
---|---|---|
2024 | -4.66 | -61.18% |
2023 | -12.01 | -49.29% |
2022 | -23.68 | -38.58% |
2021 | -38.55 | 2.45% |
2020 | -1.51 | -80.79% |
2019 | -7.86 | -25.14% |
2018 | -10.50 | -29.33% |
2017 | -14.86 | -94.06% |
2016 | -249.94 | -72.75% |
2015 | -917.38 | -25.53% |
The current PE Ratio of Norris Industries, Inc. (NRIS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-13.45
5-year avg
-16.08
10-year avg
-128.10
Norris Industries, Inc.’s PE Ratio is less than Camber Energy, Inc. (-0.40), greater than Indonesia Energy Corporation Limited (-9.29), less than Houston American Energy Corp. (-1.08), less than Mexco Energy Corporation (10.03), less than PEDEVCO Corp. (2.67), less than Earthstone Energy, Inc. (12.30), less than Evolution Petroleum Corporation (81.03), less than Vital Energy, Inc. (-3.59), less than Permian Resources Corporation (9.73), less than Northern Oil and Gas, Inc. (4.29),
Company | PE Ratio | Market cap |
---|---|---|
-0.40 | $16.77M | |
-9.29 | $33.24M | |
-1.08 | $10.44M | |
10.03 | $13.45M | |
2.67 | $48.46M | |
12.30 | $2.98B | |
81.03 | $148.66M | |
-3.59 | $656.77M | |
9.73 | $9.68B | |
4.29 | $2.78B |
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