enerjex resources inc (ENRJ:OTCQB)
enerjex resources inc (ENRJ) Snapshot
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Open
$0.55
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Previous Close
$0.52
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Day High
$0.55
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Day Low
$0.53
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52 Week High
05/29/12 - $0.75
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52 Week Low
11/15/12 - $0.46
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Market Cap
36.0M
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Average Volume 10 Days
40.3K
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EPS TTM
--
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Shares Outstanding
67.8M
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EX-Date
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P/E TM
--
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Dividend
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Dividend Yield
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Related News
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EnerJex Resources, Inc., an independent energy company, engages in the acquisition, exploitation, development, and production of crude oil properties in the United States. It owns a 90% interest in the Mississippian project covering 2,840 gross acres located in Woodson and Greenwood counties in Southeast Kansas; an 85% interest in the Cherokee project comprising 10,293 gross acres located in Miami and Franklin counties in Eastern Kansas; and a 97% interest in 904 gross acres located in Allen, Anderson, and Linn counties in Eastern Kansas. The company also owns a 46% interest in El Toro project covering 3,433 gross acres located in Atascosa and Frio counties in South Texas; and a 100% interest in the Lonesome Dove project comprising 1,581 acres located in Lee County in South Texas. As of December 31, 2012, it had 2.9 million barrels of proved oil reserves. The company is headquartered in San Antonio, Texas.
Last Reported Date: 04/10/13
enerjex resources inc (ENRJ) Top Compensated Officers
enerjex resources inc (ENRJ) Key Developments
EnerJex Resources, Inc. announced that the Annual Meeting of stockholders of will be held on June 6, 2013, to consider and vote upon an amendment to its rmended and restated Articles of Incorporation (Restated Articles), for the purpose of increasing the authorized shares of common stock from 100 million to 250 million, to consider and vote upon an amendment to its restated Articles for the purpose of increasing the authorized shares of preferred stock to 25 million, which shares of preferred stock may be issued in such series and with such rights, preferences, and privileges as the Board of Directors may from time to time determine, to consider and vote upon an amendment to its restated Articles for the purpose of adding a provision that causes its obligations under Article X to survive any amendment or modification thereof, with respect to claims that may arise or accrue prior to the date of that amendment or modification and also to adopt the amended and restated Bylaws to change the name of the corporation therein from ‘Millennium Plastics, Inc.,’ to ‘EnerJex Resources, Inc'.
EnerJex Resources, Inc. announced unaudited earnings and production results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of $2,337,301 against $1,902,892 a year ago. Adjusted revenue was $2,337,301 against $1,802,198 a year ago. Net income was $20,036 against net loss of $1,081,682 a year ago. Adjusted net Income was $259,977 against $105,257 a year ago. Adjusted EBITDA was $822,759 against $595,520 a year ago. Production volumes during the three months ended March 31, 2013 were 26,537 barrels of oil compared to 19,485 barrels of oil during the three months ended March 31, 2012. Excluding production from properties that were assigned to outside general partners upon the dissolution of Rantoul Partners at the end of 2012, production increased approximately 44% compared to the prior year.
EnerJex Resources, Inc. Presents at DUG Mid-Continent Energy Conference, Apr-23-2013 08:55 AM. Venue: Renaissance Tulsa Hotel & Convention Center, 6808 S. 107th East Ave., Tulsa, OK 74133, United States. Speakers: Robert G. Watson, Chief Executive Officer, President, Secretary and Director.
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Industry Analysis
ENRJ
Industry Average
| Valuation | ENRJ | Industry Range |
| Price/Earnings | 41.1x |
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| Price/Sales | 4.0x |
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| Price/Book | 1.8x |
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| Price/Cash Flow | 11.4x |
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| TEV/Sales | 2.6x |
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To contact ENERJEX RESOURCES INC, please visit www.enerjex.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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