first titan corp (FTTN:OTC BB)
first titan corp (FTTN) Snapshot
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Open
$0.39
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Previous Close
$0.39
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Day High
$0.42
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Day Low
$0.39
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52 Week High
09/27/12 - $7.50
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52 Week Low
04/26/13 - $0.29
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Market Cap
3.7M
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Average Volume 10 Days
47.4K
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EPS TTM
$-1.52
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Shares Outstanding
9.3M
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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
first titan corp (FTTN) Related Businessweek News
No Related Businessweek News Foundfirst titan corp (FTTN) Details
First Titan Corp., through its subsidiary, First Titan Energy, LLC, engages in the exploration and development of oil and natural gas resources worldwide. The company has interests in 1 well in Little Cedar Creek Field in Alabama; and in the Lake Boeuf Field that covers an area of approximately 300 acres located in Lafourche Parish in Southeast Louisiana. First Titan Corp. was founded in 2010 and is based in Miramar Beach, Florida.
first titan corp (FTTN) Top Compensated Officers
first titan corp (FTTN) Key Developments
First Titan Corp. announced it is in negotiations to acquire a working interest in approximately 1,000 acres in Hardin County, Texas. The subject properties include producing assets with development upside. Located on the Texas Gulf Coast, the assets are in an area that has been targeted by oil and gas companies for several decades. If acquired, the assets will be added to the company's Texas portfolio, which currently includes assets in Terrell County. In addition to hiring new energy consultants to help scout new opportunities, the company is working to facilitate oil and gas production in Oklahoma and Louisiana. These activities are part of FTTN's aggressive growth strategy for 2013. FTTN hopes to announce many new acquisitions in the coming months.
First Titan Corp. said that it is in negotiations to acquire a working interest in approximately 1,000 acres in Hardin County, Texas. The subject properties include producing assets with development upside.
First Titan Corp. said it is now pursuing new asset acquisitions and corporate mergers to facilitate additional expansion this spring. "While we continue to build our oil and gas asset base, we are evaluating ancillary assets such as transportation infrastructure, marketing platforms and technological innovations that would further compliment the FTTN portfolio," said Chief Executive Officer, Harvey S. Bryant. "We're particularly interested in working with individuals and companies who own oil and gas assets who would benefit from our development assistance and access to the public markets," Harvey S. Bryant added.
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| FTTN:US | $0.40 USD | +0.015 | |
| Company | Last | Change | |
| No competitor information is available for FTTN. | |||
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Industry Analysis
FTTN
Industry Average
| Valuation | FTTN | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 97.4x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 134.0x |
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To contact FIRST TITAN CORP, please visit www.firsttitanenergy.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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