Ignis Petroleum Group, Inc.

Ignis Petroleum Group, Inc.

IGPG
Ignis Petroleum Group, Inc.US flagOther OTC
0.00
USD
- -
- -
13,364.00Market Cap
2004 Y
2005 Y
2006 Y
2007 Y
2008 Y
TTM
Revenue per Share
- -
- -
0.01
0.03
- -
0.04
Basic EPS, GAAP
- -
-0.01
-0.22
0.01
- -
-0.02
Free Cash Flow per Basic Share
- -
-0.04
-0.12
-0.03
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.01
-0.26
-0.21
- -
-0.29
Tangible Book Value per Share
- -
- -
-0.11
-0.04
- -
-0.06
Basic Weighted Avg Shares
8
41
48
51
- -
56
Sales/Revenue/Turnover
- -
- -
1
1
2
2
Operating Margin (%)
- -
- -
-1,666.14
-209.47
-28.71
-28.31
Depreciation Expense
- -
- -
1
1
1
1
Net Income, GAAP
- -
- -
-11
- -
-1
-1
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
-1,923.59
24.4
-62.09
-62.02
Working Capital
- -
-3
- -
-2
-4
-4
LT Debt
- -
- -
2
1
- -
- -
Total Equity
- -
- -
-5
-2
-3
-3
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'08
Mar'08
Jun'08
ST Debt
5
5
6
LT Borrowings
1
1
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
58
58
98
Market Capitalization
1
- -
- -

Working Capital

FRC

in mil. unless spec.
Dec'08
Mar'08
Jun'08
Total Current Assets
- -
1
1
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
3
3
4
Payables & Accruals
1
1
1
ST Debt
5
5
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
50.27%
Free Cash Flow
- -
- -
-92.54%
Net Income, GAAP
- -
- -
-478.24%
Sales/Revenue/Turnover
- -
- -
48.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
- -
- -
- -
- -
1
2007
- -
- -
- -
- -
1
2008
- -
1
1
1
2

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
-0.02
-0.02
-0.04
- -
-0.22
2007
0.03
0.02
-0.02
- -
0.01
2008
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
- -
- -
- -
- -
- -
2007
- -
- -
- -
- -
- -
2008
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Geoffrey Long
Full Time Employees
2
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
100 Cresent Court Dallas GA United States of America
IPO Date
Jun 2, 2005
Business
Ignis Petroleum Group, Inc. (IGPG) engages in the exploration, development, and production of crude oil and natural gas properties in the United States. The company holds interests in various oil and gas prospects in the onshore Gulf Coast region, primarily located in Texas and Louisiana; its operations focus on upstream activities including acquisition, drilling, and production from conventional reservoirs. Founded in 2004 and headquartered in Dallas, Texas, Ignis Petroleum Group, Inc. was formerly known as Sheer Ventures, Inc., changing its name in July 2005; it maintains a lean organization with approximately two employees and trades on the OTC Markets. The company generates revenue from crude oil and natural gas sales, with trailing twelve-month figures showing $2.10 million in revenue and a net loss of $1.30 million. No major acquisitions, partnerships, funding rounds, or strategic shifts have been reported for Ignis Petroleum Group, Inc. in the last one to two years.