Overview
Maybe nothing lasts forever, but Infinity Energy Resources hopes that US demand for fossil fuels won't go away for a long, long time. The company focuses its oil exploration and production operations in the Fort Worth Basin of Texas, in the Rocky Mountain region in the Greater Green River Basin in Wyoming, and the Sand Wash and Piceance Basins in Colorado. It is also pursuing an opportunity in offshore Nicaragua. The company has proved reserves
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Read More of 7.8 billion cu. ft. of natural gas equivalent. Infinity Energy Resources has exited the oil services business.
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Read More of 7.8 billion cu. ft. of natural gas equivalent. Infinity Energy Resources has exited the oil services business.
Read Less
Thomas Heckman
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Oil and Gas Extraction
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Support Activities for Mining
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Mining, Quarrying, and Oil and Gas Extraction
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Crude petroleum and natural gas
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Oil and gas exploration services
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Modelled
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Actual
$117,125
Actual
48.26%
$1
DEC
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OTC:AMNI
Contacts
Get in Touch with 1 Principals* and 2 Contacts
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Thomas HeckmanChief Executive Officer and Chief Financial Officer
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Contact 2?
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Contact 3?
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Financial Statements
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Financial data as of December 31, 2022 (12 month period) in USD
Annual Revenue 2022
$117,125
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Net Operating Cash | -$0 | -$1 | -$0 |
| Net Investing Cash | -$1 | -$1 | $ |
| Net Financing Cash | $1 | $2 | $0 |
| Net Change in Cash | -$0 | $0 | $0 |
| Cash at Beginning of Period | $0 | $0 | $0 |
| Cash at End of Period | $0 | $0 | $0 |
| Capital Expenditure | -$0 | -$1 | $ |
| Assets (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $0 | $0 | $0 |
| Accounts Receivable | $0 | $0 | $ |
| Inventories | $ | $ | $ |
| Other Current Assets | $0 | $0 | $0 |
| Asset Summary | |||
| Total Current Assets | $0 | $0 | $0 |
| Tangible Fixed Assets | $0 | $1 | $ |
| Intangible Assets | $ | $ | $ |
| Total Assets | $1 | $1 | $0 |
| Liabilities (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $1 | $1 | $1 |
| Short-Term Debt | $1 | $0 | $0 |
| Other Current Liabilities | $2 | $1 | $4 |
| Liability Summary | |||
| Total Current Liabilities | $5 | $3 | $5 |
| Long-Term Debt | $0 | $0 | $ |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $7 | $4 | $7 |
| Stakeholder's Equity (mil) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Equity | |||
| Common Stock | $0 | $0 | $0 |
| Retained Earnings | -$123 | -$119 | -$117 |
| Equity Summary | |||
| Total Equity | -$5 | -$3 | -$7 |
| Shares Outstanding | 21,924,515 | 19,012,015 | 18,548,265 |