POSEIDON CONCEPTS CORP
OOTC:POOSF0.00
USD
0.00
(0.00%)
ISIN
CA73731R1038
CUSIP
73731R103
Return %
Stock
S&P 500
1Y
0.00
14.20
3Y
0.00
81.12
5Y
-99.00
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Robert Roman Verbuck
- Full Time Employees
- 45
- Sector
- Industrial services
- Industry
- Oilfield services/Equipment
- Address
- 645-7th Avenue SW Calgary AB Canada T2P 4G8
- IPO Date
- Nov 22, 2022
- Website
- poseidonconcepts.com
- Similar Companies
- Business
- Poseidon Concepts Corp. (POOSF) provides safe fluid handling solutions to the oil and natural gas sector across North America. The company leases modular fracturing fluid tanks deployed in unconventional plays from the Eagle Ford in Texas to the Bakken in North Dakota and the Montney in northeast British Columbia; its products include the Atlantis model with 15 insulated panels offering 6,500 cubic meters or 41,220 US barrels capacity, the Poseidon model with 10 insulated panels providing 2,900 cubic meters or 18,240 US barrels, and the Triton model with seven insulated panels holding 1,440 cubic meters or 9,057 US barrels. Founded in 2011 as a spin-off from Open Range Energy Corp. and headquartered in Calgary, Alberta, the company historically maintained a fleet of approximately 170 tanks. In recent years, Poseidon Concepts filed for creditor protection under the Companies' Creditors Arrangement Act in 2013 and saw substantially all assets acquired by Rockwater Energy Solutions Inc. for CAD 51.4 million; its stock trades at minimal value with no reported active operations, funding rounds, or strategic expansions in 2024 or 2025.