EP3Oil, Inc.
EP3Oil, Inc. provides secondary oil recovery wells to investors. It offers hydraulic fracturing, enhanced oil recovery, oil and gas marketing, oil exploration and production, renewable energy, and thermal power services. The company is based in Plant City, Florida.
EP3Oil, Inc. (EEEP) - Net Assets
Latest net assets as of March 2025: $3.15 Million USD
Based on the latest financial reports, EP3Oil, Inc. (EEEP) has net assets worth $3.15 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.01 Million) and total liabilities ($1.86 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.15 Million |
| % of Total Assets | 62.8% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -121.76% |
| Growth Volatility | 60.05 |
EP3Oil, Inc. - Net Assets Trend (2001–2023)
This chart illustrates how EP3Oil, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EP3Oil, Inc. (2001–2023)
The table below shows the annual net assets of EP3Oil, Inc. from 2001 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-802.85K | -14.09% |
| 2022-12-31 | $-703.67K | -70.21% |
| 2021-12-31 | $-413.42K | +58.40% |
| 2020-12-31 | $-993.81K | -7.07% |
| 2019-12-31 | $-928.20K | -2.70% |
| 2018-12-31 | $-903.81K | +51.00% |
| 2017-12-31 | $-1.84 Million | -5.02% |
| 2016-12-31 | $-1.76 Million | -8.54% |
| 2015-12-31 | $-1.62 Million | -143.87% |
| 2011-12-31 | $3.69 Million | -22.17% |
| 2010-12-31 | $4.74 Million | -25.25% |
| 2009-12-31 | $6.34 Million | -20.74% |
| 2008-12-31 | $8.00 Million | +8.22% |
| 2007-12-31 | $7.39 Million | -25.70% |
| 2006-12-31 | $9.95 Million | +75.19% |
| 2005-12-31 | $5.68 Million | +368.31% |
| 2004-12-31 | $-2.12 Million | +28.04% |
| 2003-12-31 | $-2.94 Million | -89.32% |
| 2002-12-31 | $-1.55 Million | +38.46% |
| 2001-12-31 | $-2.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EP3Oil, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3619152200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $972.00 | % |
| Other Comprehensive Income | $-972.00 | % |
| Other Components | $43.96 Million | % |
| Total Equity | $-802.85K | 100.00% |
EP3Oil, Inc. Competitors by Market Cap
The table below lists competitors of EP3Oil, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Foresight Solar & Techn VCT PLC Foresight Williams Tech Shares
LSE:FWT
|
$101.56 |
|
Bounce Mobile Systems Inc
PINK:BNCM
|
$101.57 |
|
Peak Processing Limited
AU:PKP
|
$101.85 |
|
BANK INTL INDON -A-
BE:BOZA
|
$101.90 |
|
Tenon Medical, Inc. Warrant
NASDAQ:TNONW
|
$101.28 |
|
Industrial Distribution Group Inc
PINK:IDGR
|
$101.17 |
|
SINO-OCEAN LAND
MU:3SD
|
$101.05 |
|
INTILAND DEV
MU:DIIA
|
$101.04 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EP3Oil, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -703,675 to -802,850, a change of -99,175.
- Net loss of 2,313,000 reduced equity.
- Other comprehensive income decreased equity by 748.
- Other factors increased equity by 2,214,573.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.31 Million | -288.1% |
| Other Comprehensive Income | $-748.00 | -0.09% |
| Other Changes | $2.21 Million | +275.84% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares EP3Oil, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $-0.18 | $0.01 | x |
| 2002-12-31 | $-0.06 | $0.01 | x |
| 2003-12-31 | $-2891.98 | $0.01 | x |
| 2004-12-31 | $-1816.78 | $0.01 | x |
| 2005-12-31 | $2080.18 | $0.01 | x |
| 2006-12-31 | $2298.25 | $0.01 | x |
| 2007-12-31 | $1491.21 | $0.01 | x |
| 2009-12-31 | $2113470.00 | $0.01 | x |
| 2010-12-31 | $1173148.02 | $0.01 | x |
| 2011-12-31 | $601754.65 | $0.01 | x |
| 2015-12-31 | $-33429.75 | $0.01 | x |
| 2016-12-31 | $-24801.85 | $0.01 | x |
| 2017-12-31 | $-11.39 | $0.01 | x |
| 2018-12-31 | $-2.48 | $0.01 | x |
| 2019-12-31 | $-1.78 | $0.01 | x |
| 2020-12-31 | $-0.16 | $0.01 | x |
| 2021-12-31 | $-0.03 | $0.01 | x |
| 2022-12-31 | $-0.04 | $0.01 | x |
| 2023-12-31 | $-0.01 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EP3Oil, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-15.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | -140.73% | 3.17x | 0.00x | $-1.53 Million |
| 2002 | 0.00% | -80.15% | 3.51x | 0.00x | $-1.14 Million |
| 2003 | 0.00% | -111.90% | 4.08x | 0.00x | $-1.81 Million |
| 2004 | 0.00% | -6.50% | 1.43x | 0.00x | $-179.34K |
| 2005 | -143.43% | -92.89% | 1.01x | 1.54x | $-8.71 Million |
| 2006 | -8.87% | -6.83% | 0.85x | 1.52x | $-1.88 Million |
| 2007 | -22.45% | -11.70% | 1.23x | 1.56x | $-2.40 Million |
| 2008 | -7.70% | -6.29% | 0.73x | 1.69x | $-1.42 Million |
| 2009 | -32.13% | -19.79% | 1.08x | 1.50x | $-2.67 Million |
| 2010 | -36.69% | -22.11% | 1.01x | 1.64x | $-2.21 Million |
| 2011 | -57.58% | -34.17% | 0.90x | 1.88x | $-2.49 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $286.70K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-82.43K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-215.53K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $982.37K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-84.18K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-614.98K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-321.66K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-377.63K |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.23 Million |
Industry Comparison
This section compares EP3Oil, Inc.'s net assets metrics with peer companies in the Oil & Gas Drilling industry.
Industry Context
- Industry: Oil & Gas Drilling
- Average net assets among peers: $186,176,749
- Average return on equity (ROE) among peers: -5.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EP3Oil, Inc. (EEEP) | $3.15 Million | 0.00% | 0.59x | $101.31 |
| Agri-Dynamics Inc (AGDY) | $-371.31K | 0.00% | 0.00x | $39.23 |
| AKITA Drilling Ltd (AKTAF) | $124.93 Million | 16.71% | 0.30x | $37.79 Million |
| Archer Limited (ARHVF) | $556.89 Million | 2.23% | 0.75x | $127.09 Million |
| Awilco Drilling PLC (AWLCF) | $-126.95 Million | 0.00% | 0.00x | $16.95 Million |
| Borr Drilling Ltd (BORR) | $993.30 Million | 8.27% | 2.44x | $1.19 Billion |
| Beard Co (BRCOQ) | $10.00 Million | -4.00% | 0.46x | $0.94 |
| Cathedral Energy Services Ltd (CETEF) | $90.77 Million | -6.37% | 0.50x | $68.91 Million |
| Enseco Energy Services Corp (ENSRF) | $22.49 Million | 0.00% | 0.05x | $0.97 |
| EnerNorth Industries Inc (ENYNF) | $4.54 Million | -66.24% | 2.35x | $0.92 |