Paleo Resources, Inc., an oil and gas, and mineral exploration company, engages in the acquisition, exploration, and development of the oil and gas properties in Canada and the United States. It holds a 50% interest in the Joffre D-3 B Oil Pool located in Alberta. The company develops and produces oil and gas assets in Polk and Tyler counties, Texas. It also offers fintech platform. The company was formerly known as Tanager Energy Inc. and changed its name to Paleo Resources, Inc. in April 2019. Paleo Resources, Inc. was incorporated in 1945 and is headquartered in San Antonio, Texas.
Research context
Paleo Resources, Inc appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Paleo Resources, Inc is currently in a long term uptrend where the price is trading 34.2% above its 200 day moving average.
From a valuation standpoint, the stock is 93.7% cheaper than other stocks from the Energy sector with a price to sales ratio of 30.3.
Paleo Resources, Inc's total revenue rose by 373.6% to $70K since the same quarter in the previous year.
Its net income has increased by 30.4% to $-265K since the same quarter in the previous year.
Finally, its free cash flow grew by 90.9% to $-106K since the same quarter in the previous year.
Based on the above factors, Paleo Resources, Inc gets an overall score of 5/5.