Beta Energy Corp.
BTAEF
Other OTC0.00
USD
- -
- -
ISIN
CA08660C2067
CUSIP
08660C206
Return %
Stock
S&P500
1Y
-90.00
19.01
3Y
-99.99
65.48
5Y
-99.09
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Justin Kates
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- 789 West Pender Street Vancouver BC Canada V6C 1H2
- IPO Date
- May 18, 2022
- Website
- basetta.com
- Similar Companies
- Business
- Beta Energy Corp. operates primarily in the oil and gas exploration and production sector, focusing on the acquisition, development, and production of oil within Alberta's deep basin region in Canada. The company manufactures and operates assets related to oil extraction and development activities targeting light oil plays, specifically in the Cardium formation at areas such as Kakwa and Smoky. Beta Energy's core products and services include oil production primarily through conventional and non-conventional drilling and well optimization methods. Recent major company changes include a strategic review process initiated by Beta Energy in late 2024 concerning the disposition of its subsidiary, Kaden Energy Ltd., which is an Alberta-based junior energy company engaged in light oil projects. Following this review, the company decided against pursuing any transactions related to the disposition of Kaden's assets, signifying a strategic commitment to retain and operate these assets. In early 2025, Beta Energy experienced a management and board restructuring, including resignations of officers and directors as part of ongoing corporate governance adjustments. The company has also been involved in creditor proposal updates and financing arrangements related to its operational continuity. Beta Energy Corp. was spun off from Alpha Lithium Corporation as of mid-2021. Its operations are geographically concentrated in Canada, primarily Alberta. The company is listed on the OTC market under the ticker BTAEF, engaging mostly in upstream oil and gas exploration and production without a significant diversification into downstream or alternative energy sectors as of the latest available data. Beta Energy's strategic focus remains on optimizing production and development within its oil asset portfolio, supported by efforts to manage liabilities and operational challenges from its subsidiary holdings. The company continues its efforts amidst fluctuating commodity prices and energy market dynamics in North America. No information about the founding year or detailed information on headquarters location was available in the recent data. Beta Energy's operations are aligned with industry standards for exploration and production companies, targeting both capital-efficient oil development and operational enhancement within its chosen resource plays. The company does not currently appear to have announced new product lines or major business expansions outside its core oil production activities. This description integrates latest operational updates, corporate governance changes, and ongoing strategic reviews relevant to Beta Energy Corp.'s business model and market positioning as an oil and gas exploration and production entity concentrated in the Canadian oil sector.