Norris Industries, Inc.

Norris Industries, Inc.

NRIS
Norris Industries, Inc.US flagOther OTC
0.13
USD
- -
- -
14.19MMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
- -
- -
- -
0.01
0.01
- -
- -
0.01
- -
- -
- -
- -
Basic EPS, GAAP
- -
-0.01
-0.04
-0.03
-0.01
-0.03
-0.01
-0.01
-0.01
-0.01
-0.01
-0.01
-0.01
Free Cash Flow per Basic Share
- -
-0.01
-0.03
-0.03
- -
-0.01
-0.01
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.01
-0.05
-0.05
-0.06
-0.09
-0.11
-0.11
-0.12
-0.12
-0.12
-0.12
-0.12
Tangible Book Value per Share
- -
0.02
0.01
0.01
0.01
-0.02
-0.04
-0.04
-0.05
-0.05
-0.05
-0.04
-0.04
Basic Weighted Avg Shares
43
44
46
89
89
90
91
91
91
91
96
108
97
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
1
- -
- -
1
- -
- -
- -
- -
Operating Margin (%)
- -
-173.61
-1,184.29
-982.98
-174.21
-263.11
-293.07
-86.66
-73.82
-156.66
-139.03
-190.25
-131.52
Depreciation Expense
- -
- -
- -
- -
- -
1
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
-2
-3
-1
-3
-1
- -
-1
-1
-1
-1
-1
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-173.61
-1,171.35
-1,931.85
-184.68
-505.77
-396.13
-110.32
-95.92
-195.18
-182.51
-231.2
-173.98
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
2
2
3
3
4
4
4
3
4
3
Total Equity
- -
1
1
1
1
-2
-3
-4
-4
-5
-4
-5
-4
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Aug'25
Nov'25
May'26
ST Debt
- -
- -
- -
LT Borrowings
4
3
3
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
91
108
108
Market Capitalization
4
3
4

Working Capital

FRC

in mil. unless spec.
Aug'25
Nov'25
May'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-34.34%
8.84%
15.8%
Free Cash Flow
46.73%
0.41%
19.44%
Net Income, GAAP
59.45%
-4.59%
10.04%
Sales/Revenue/Turnover
24.39%
5.45%
-13.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
-0.01
2026
- -
- -
- -
- -
-0.01
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Patrick L. Norris
Full Time Employees
2
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
102 Palo Pinto Street Weatherford TX United States of America 76086
IPO Date
May 9, 2016
Business
Norris Industries, Inc. (NRIS) is a Texas-based exploration and production company focused on the acquisition, development, exploration, production, and maintenance of crude oil and natural gas properties, primarily in Central West Texas including the Permian Basin, Bend Arch-Fort Worth Basin, Texas Gulf Coast, Ellenberger formation in Coleman County, and Jack and Palo-Pinto Counties; its core assets encompass producing fields such as Dawson, Bend Arch Tiger, and Guadalupe, with specialization in shallow well exploration under 5,000 feet and application of enhanced oil recovery technologies to boost reserves and output. Founded in 2014 and headquartered in Weatherford, Texas, with operations managed from Irving, the company targets opportunistic acquisitions amid market volatility to grow production and cash flow, serving upstream energy markets through oil and natural gas sales reported at approximately $82,000 in oil and $12,000 in gas for recent quarterly periods. In recent developments, Norris Industries reported nine-month revenues of $259,000 through November 2024 with a net loss of $443,000, reflecting reduced production offset by lower operating expenses including lease costs of $147,000; secured a $300,000 draw on its JBB credit line extended to September 2026 with $500,000 availability, appointed BDO as independent auditor following Horne LLP's resignation, and pursues diversification via selective acquisitions in oilfield services and non-energy sectors alongside strategic joint ventures for reserve expansion.