Sector: Energy | Industry: Oil & Gas Exploration and Production |
Company Contact | |
Address: | 1424 Commercial Drive VANCOUVER BC V5L 5G2 |
Tel: | N/A |
Website: | terraceenergy.net |
IR: | See website |
Key People | ||
Daniel A. Carriere Chairman of the Board | William David Gibbs President, Chief Executive Officer, Director | Jennie Choboter Chief Financial Officer |
Business Overview |
Terrace Energy Corp. is a Canada-based company. The Company is engaged in seeking and evaluating strategic alternative business opportunities. The Company was in the business of acquiring, exploring and developing conventional onshore oil and gas properties in the United States. |
Financial Overview |
For the nine months ended 31 October 2023, Terrace Energy Corp revenues was not reported. Net loss decreased 22% to C$53K. Lower net loss reflects Professional decrease from C$48K (expense) to C$0K, Transfer agent and filing fees decrease of 66% to C$16K (expense), Administrative decrease of 84% to C$4K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $0.00M as of Oct 31, 2023 |
EBITDA (TTM): | -$0.12M as of Oct 31, 2023 |
Net annual income (TTM): | -$0.15M as of Oct 31, 2023 |
Free cash flow (TTM): | $0.06M as of Oct 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 7,728,448 as of Oct 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |