PetroGas Co
PetroGas Company engages in exploration, production, and sale of oil and gas. It acquires 99.5% interest in the Burns and Rogers leases covering an area of approximately 714 acres located in Frio and Atascosa counties, Texas. The company was formerly known as America Resources Exploration, Inc. and changed its name to PetroGas Company in January 2016. The company was incorporated in 2014 and is b… Read more
PetroGas Co (PTCO) - Net Assets
Latest net assets as of December 2025: $-842.30K USD
Based on the latest financial reports, PetroGas Co (PTCO) has net assets worth $-842.30K USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($0.00) and total liabilities ($842.30K). 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 | $-842.30K |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
PetroGas Co - Net Assets Trend (2014–2025)
This chart illustrates how PetroGas Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PetroGas Co (2014–2025)
The table below shows the annual net assets of PetroGas Co from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $-790.25K | +1.12% |
| 2024-03-31 | $-799.23K | -9.77% |
| 2023-03-31 | $-728.12K | -16.40% |
| 2022-03-31 | $-625.55K | -16.87% |
| 2021-03-31 | $-535.23K | -21.42% |
| 2020-03-31 | $-440.83K | -28.14% |
| 2019-03-31 | $-344.03K | -58.32% |
| 2018-03-31 | $-217.29K | +31.42% |
| 2017-03-31 | $-316.87K | -1092548.28% |
| 2015-03-31 | $-29.00 | -100.49% |
| 2014-03-31 | $5.94K | -- |
Equity Component Analysis
This analysis shows how different components contribute to PetroGas Co'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 14228313800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $23.00K | % |
| Other Components | $141.47 Million | % |
| Total Equity | $-790.25K | 100.00% |
PetroGas Co Competitors by Market Cap
The table below lists competitors of PetroGas Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sydinvest Mellemlange Obligationer A DKK Akk
CO:SYIMOADKKA
|
$142.05K |
|
Multi Manager Inv Globale Value Aktier
CO:MMIGLVAAKT
|
$142.09K |
|
Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A
AT:ATRUST
|
$142.15K |
|
ALMA MEDIA CORPORAT
BE:A4M
|
$142.22K |
|
Trematon Capital Investments
JSE:TMT
|
$142.03K |
|
HUDDLY AS -000625
F:14B
|
$142.02K |
|
GETRW
PINK:GETRW
|
$141.91K |
|
TOSKF
PINK:TOSKF
|
$141.90K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PetroGas Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -799,228 to -790,250, a change of 8,978.
- Net income of 8,978 contributed positively to equity growth.
- Other factors decreased equity by 0.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.98K | +1.14% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares PetroGas Co'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 |
|---|---|---|---|
| 2014-03-31 | $47.54 | $0.05 | x |
| 2015-03-31 | $-0.22 | $0.05 | x |
| 2016-03-31 | $-266810.00 | $0.05 | x |
| 2017-03-31 | $-8564.00 | $0.05 | x |
| 2018-03-31 | $-0.06 | $0.05 | x |
| 2019-03-31 | $-0.10 | $0.05 | x |
| 2020-03-31 | $-0.12 | $0.05 | x |
| 2021-03-31 | $-0.14 | $0.05 | x |
| 2022-03-31 | $-0.06 | $0.05 | x |
| 2023-03-31 | $-0.03 | $0.05 | x |
| 2024-03-31 | $-0.04 | $0.05 | x |
| 2025-03-31 | $-0.02 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PetroGas Co 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 (-0.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -5.75% | 0.00% | 0.00x | 1.47x | $-936.30 |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-29.49K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.18 Million |
| 2017 | 0.00% | -4239.25% | 0.09x | 0.00x | $-73.62K |
| 2018 | 0.00% | -11325.77% | 0.04x | 0.00x | $-148.38K |
| 2019 | 0.00% | -10140.19% | 4.01x | 0.00x | $-122.77K |
| 2020 | 0.00% | -193683.73% | 0.00x | 0.00x | $-277.43K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-152.85K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-176.03 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-29.76K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-10.67K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $88.00K |
Industry Comparison
This section compares PetroGas Co's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PetroGas Co (PTCO) | $-842.30K | -5.75% | N/A | $142.04K |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |