American Oil & Gas Inc.

American Oil & Gas Inc.

AOIX
American Oil & Gas Inc.US flagOther OTC
7.00
USD
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
Circuito Playa Del Carmen Bucerã­as NA Mexico 63732
IPO Date
May 28, 2021
Business
American Oil & Gas Inc. (AOIX) operates as an exploration-stage oil and gas company focused on the acquisition, exploration, development, and leasing of oil and gas properties and existing wells; it engages in reactivating leased wells, onshore development opportunities, worldwide offshore exploration, and liquefied natural gas (LNG) projects, including major discoveries in Africa; the company also provides related services such as technology solutions for petrochemical processing, energy efficiency, and safe operations in refining, gas processing, and renewables. Headquartered in Bucerias, Nayarit, Mexico, with a Nevada incorporation and operational ties to Houston, Texas, the firm conducts global activities spanning the United States, Africa, and other international regions, targeting hydrocarbon reserves primarily through disciplined entry into high-potential frontier areas. In December 2021, American Oil & Gas Inc. entered a letter of intent to acquire NFTUS Corp. for $20 million, marking a strategic pivot toward diversification; the company maintains an OTC-traded status amid a competitive landscape of fluctuating oil prices and geopolitical challenges, with its last reported SEC filing (10-K) in January 2021 confirming minimal assets and no material revenue generation as an early-stage explorer.