Inactive Instrument

Velocity Energy Inc. Stock Other OTC

Equities

VCYE

US92258H1086

Oil & Gas Exploration and Production

Sales 2007 2.76M Sales 2008 705K Capitalization 26.87M
Net income 2007 - Net income 2008 -6M EV / Sales 2007 * -
Net Debt 2007 5.79M Net Debt 2008 10.64M EV / Sales 2008 53.2 x
P/E ratio 2007 *
-
P/E ratio 2008
-4.25 x
Employees -
Yield 2007 *
-
Yield 2008
-
Free-Float 6.09%
More Fundamentals * Assessed data
Dynamic Chart
Velocity Energy Inc. is an oil and gas exploration and production company. The Company is engaged in the acquisition, development, exploration and production of natural gas and oil. The Company has two primary areas of operations, including the State Waters of Texas in Matagorda Bay, and the five county producing areas in West Virginia. Its core business strategy is based on growing the Company by completing one or more acquisitions of producing properties with upside locations to be drilled and by participating in drilling prospects generated in-house and by third parties. Its subsidiaries include Sonterra Oil & Gas, Inc., Velocity Energy Offshore LP, Velocity Energy Partners L.P, Velocity Energy Limited LLC and others.
More about the company