Petrocorp Inc.
PTCP
Other OTC2.50
USD
- -
- -
Return %
Stock
S&P500
1Y
24,900.00
18.02
3Y
24,900.00
64.11
5Y
24,900.00
72.15
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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- James Fitzsimons
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1065 Dobbs Ferry Road White Plains NY United States of America 10607
- IPO Date
- Oct 29, 1993
- Similar Companies
- Business
- Petrocorp Inc. (PTCP) is an exploration-stage company engaged in the acquisition, exploration, and potential development of oil and gas properties, with a strategic pivot into advanced testing solutions through its subsidiary MEA Testing Systems. Incorporated in Delaware in 2006 and headquartered in the United States, the company holds significant lease interests on the North Slope of Alaska, in the Canadian provinces of Alberta and Quebec, and maintains oil and gas production assets in Oklahoma; it also pursues permit applications in Italy and the Netherlands. Through MEA, founded in 1998 and acquired in October 2022, Petrocorp offers a comprehensive portfolio of dynamometer testing solutions, including classic and portable dynamometers for electric vehicle, automotive, industrial, high-voltage, and energy efficiency applications; patented software-only dynamometers for large, small, and high-RPM motors; powertrain and chassis dynamometers; battery testing systems; simulation solutions; and predictive maintenance technologies used in research and development labs, quality assurance, production end-of-line testing, and industrial applications. In a transformative transaction closed on October 6, 2022, Petrocorp acquired 88.96% of MEA Testing Systems, issuing 25,751,185 common shares and 305,183 Series A-1 preferred shares in exchange for MEA's outstanding ordinary and preferred shares, marking its entry into the electric motor and EV testing sector. This acquisition positions the company to serve global customers in electric vehicles, automotive, aerospace, railways, micro-motors, servos, gears, and energy sectors, with MEA's solutions integrating dynamic/static testing capabilities, project consulting, system integration, and custom measurements. No further major acquisitions, funding rounds, partnerships, or operational expansions have been publicly reported in 2024 or 2025. Petrocorp operates primarily in North America and Europe, targeting energy exploration firms and advanced manufacturing industries requiring precision testing equipment.