White River Energy Corp.

White River Energy Corp.

WTRV
White River Energy Corp.US flagOther OTC
0.00
USD
- -
- -
79,996.00Market Cap
2022 Y
2023 Y
TTM
Revenue per Share
0.6
0.12
-0.1
Basic EPS, GAAP
-0.82
-4.84
-8.83
Free Cash Flow per Basic Share
-0.1
-1.44
-0.78
Dividend per Share
- -
- -
- -
Book Value per Share
-1.99
-6.72
-11.79
Tangible Book Value per Share
0.82
-1.47
0.29
Basic Weighted Avg Shares
8
9
15
Sales/Revenue/Turnover
5
1
-2
Operating Margin (%)
-176.93
-1,937.29
1,337.73
Depreciation Expense
6
6
1
Net Income, GAAP
-7
-43
-133
Effective Tax Rate (%)
- -
- -
- -
Profit Margin (%)
-137.18
-3,903.17
8,747.78
Working Capital
- -
-20
-2
LT Debt
- -
- -
- -
Total Equity
9
-13
4
Return on Invested Capital (%)
- -
- -
- -
Return on Capital (%)
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
1
2
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
19
46
Market Capitalization
11
11
71

Working Capital

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
2
2
9
Cash, Cash Equivalents & STI
- -
- -
7
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
34
33
11
Payables & Accruals
5
5
4
ST Debt
1
2
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-245.46%
Free Cash Flow
- -
- -
1,497.57%
Net Income, GAAP
- -
- -
522.44%
Sales/Revenue/Turnover
- -
- -
-78.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
5
2023
- -
- -
- -
-2
1
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
-0.82
2023
-0.24
-1.33
-1.7
- -
-4.84
2024
-1.49
-1.09
-3.75
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Randy Scott May
Sector
Healthcare
Industry
Medical - Pharmaceuticals
Address
609 West Dickson St Fayetteville AR United States of America 72701
IPO Date
Nov 18, 2022
Business
White River Energy Corp White River Energy Corp (WTRV) operates as a vertically integrated energy company focused on oil and gas exploration, production, streamline lease acquisitions, and drilling operations primarily across approximately 34,000 acres of mineral leases in Louisiana and Mississippi; the company targets mature oilfields to mitigate dry hole risk and serves customers in the United States with 11 productive wells, field services through independent contractors, and upstream activities including workovers and development drilling. Founded in 2011 through the evolution of Mount Tam Technologies, Banner Midstream, and Fortium Holdings Corp, it is headquartered in Fayetteville, Arkansas, with remote and field-based operations supporting around 42 full-time employees and 17 contractors. In September 2022, the company rebranded from Fortium Holdings Corp following a reverse merger acquisition of White River Holdings Corp from BitNile Metaverse Inc (formerly Ecoark Holdings Inc), sold non-core subsidiaries to streamline its oil and gas focus, and uplisted to the OTCQB Venture Market; subsequent developments include a November 2023 joint venture for $500 million in U.S. federal income tax credits with profit participation and equity issuance, the October 2023 launch of wholly-owned subsidiary White River Private Capital Management offering IDC funds, 1031 exchange funds, and insurance-designated funds via limited partnerships such as the $50 million White River Energy Partners I LP, a November 2023 engagement with Truuli Environmental Inc for carbon emission reduction, December 2023 uplisting of warrants to WTRVW, and recent 2025 updates on legal resolutions including a Florida lawsuit withdrawal in September. White River Energy maintains a hybrid public-private model for structured financial products in oil and gas, with strategic plans for acquisitions, drilling expansions, proven reserve purchases, midstream operations like crude storage and trading, and carbon-neutral goals supported by public works initiatives for Native American tribes. The company presents at investor conferences, files SEC reports including recent 10-Qs detailing net losses and revenue growth, and emphasizes sustainable energy solutions amid ongoing drilling projects and market expansions.

Company News

APIChatGPT
  • White River Energy Corp Warrants Eligible to Begin Trading Under the Ticker Symbol “WTRVW”

  • White River Energy Corp Engages Truuli Environmental for Carbon Emission Reduction Engagement

  • White River Energy Corp Announces Leadership Appointments for White River Private Capital Management

  • White River Energy Corp Announces Launch of White River Private Capital Management

  • White River Energy Reminds Investors to Participate in Live VirtualInvestorConferences.com Webcast – Today, March 16, 2023 at 1:30pm ET