See more : Leonardo DRS, Inc. (DRS.TA) Income Statement Analysis – Financial Results
Complete financial analysis of MDM Permian, Inc. (MDMP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MDM Permian, Inc., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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MDM Permian, Inc. (MDMP)
About MDM Permian, Inc.
MDM Permian, Inc. engages in the drilling and production of oil and gas properties. It primarily focuses on the oil and gas drilling prospects in the Midland Basin of West Texas. The company is based in Addison, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 66.06K | 91.17K | 159.58K | 188.53K | 7.37K | 32.50K | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 7.12K | 2.40K | 183.23K | 103.38K | 38.63K | 4.41K | 0.00 | 33.77K | 563.00 | 0.00 |
| Gross Profit | 58.94K | 88.77K | -23.65K | 85.14K | -31.27K | 28.10K | 0.00 | -33.77K | -563.00 | 0.00 |
| Gross Profit Ratio | 89.22% | 97.37% | -14.82% | 45.16% | -424.33% | 86.45% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 49.82K | 11.23K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 407.56K | 574.80K | 864.89K | 218.12K | 51.79K | 547.54K | 2.11M | 0.00 | 49.82K | 11.23K |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 |
| Operating Expenses | 407.56K | 574.80K | 864.89K | 218.12K | 51.79K | 547.54K | 2.11M | 4.00 | 50.32K | 13.27K |
| Cost & Expenses | 414.68K | 577.21K | 1.05M | 321.50K | 63.36K | 551.94K | 2.11M | 33.77K | 50.32K | 13.27K |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 13.68K | 4.06K | 10.59K | 2.75K | 8.42K | 1.13K | 0.00 |
| Depreciation & Amortization | 167.90K | 228.49K | 236.56K | 14.00K | 11.57K | 0.00 | 52.52K | 33.77K | 563.00 | 516.00 |
| EBITDA | -281.32K | -413.30K | -888.54K | -118.97K | -44.42K | -519.44K | 261.78K | 4.00 | -59.76K | -12.75K |
| EBITDA Ratio | -425.88% | -533.12% | -556.82% | -63.11% | -602.88% | -1,598.28% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -348.62K | -486.04K | -888.54K | -132.97K | -55.99K | -519.44K | -2.11M | -33.77K | -60.32K | -13.27K |
| Operating Income Ratio | -527.76% | -533.12% | -556.82% | -70.53% | -759.91% | -1,598.28% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 67.30K | 72.74K | 20.73K | -13.68K | -4.06K | -10.59K | 2.37M | -8.43K | -11.13K | 0.00 |
| Income Before Tax | -281.32K | -413.30K | -867.81K | -146.65K | -60.05K | -530.03K | 259.03K | -42.20K | -61.46K | -13.27K |
| Income Before Tax Ratio | -425.88% | -453.34% | -543.83% | -77.79% | -815.02% | -1,630.86% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | -167.90K | -228.49K | -236.56K | -2.00 | 2.00 | 0.00 | -49.77K | 0.00 | 1.13K | 0.00 |
| Net Income | -281.32K | -413.30K | -867.81K | -146.65K | -60.05K | -530.03K | 259.03K | -42.20K | -61.46K | -13.27K |
| Net Income Ratio | -425.88% | -453.34% | -543.83% | -77.79% | -815.02% | -1,630.86% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 531.98M | 392.52M | 358.76M | 261.71M | 249.54M | 82.47M | 41.45M | 41.45M | 37.40M | 37.40M |
| Weighted Avg Shares Out (Dil) | 531.98M | 392.52M | 358.76M | 261.71M | 249.54M | 82.47M | 41.45M | 41.45M | 37.40M | 37.40M |
MDM Permian, Inc. to Offer Investment Opportunity at Oil & Gas Virtual Conference Nov. 21
Investors, advisors, and analysts invited to VirtualInvestorConferences.com Investors, advisors, and analysts invited to VirtualInvestorConferences.com
MDM Permian Inc Announces the Second $500,000 Capital Infusion into Essence Wells, LP for Strategic Rework of East Texas and Permian Basin Wells
DALLAS, TX / ACCESSWIRE / February 20, 2024 / MDM Permian, Inc. (OTC PINK:MDMP) is pleased to announce as the Managing Partner of Essence Wells, LP a recent capital infusion of $500,000 from two accredited, sophisticated individual investors. To uphold...
MDM Permian Inc. Announces a $500,000 Capital Infusion into Essence Wells, LP for Strategic Rework of East Texas and Permian Basin Wells
DALLAS, TX / ACCESSWIRE / January 16, 2023 / MDM Permian, Inc. (OTC PINK:MDMP) is pleased to announce as the Managing Partner of Essence Wells, LP a recent capital infusion of $500,000 from three accredited, sophisticated individual investors. To uphold...
MDM Permian, Inc Announces Rework Plans for Cotton Valley Gas Wells in East Texas
DALLAS, TX / ACCESSWIRE / September 20, 2023 / MDM Permian, Inc (OTC PINK:MDMP) is pleased to announce its strategic plans to rework three Cotton Valley gas wells situated within one of its East Texas acquisitions. The company has identified...
MDM Permian, Inc. Sponsors a $10MM 506(c) Reg D Offering as an Anti-Dilutive Measure and to Take Advantage of Recent Acquisitions
DALLAS, TX / ACCESSWIRE / September 13, 2023 / MDM Permian, Inc. (OTC PINK:MDMP) is pleased to announce the launch of a $10 million Regulation D (Reg D) Offering, exclusively available to accredited investors. This strategic move serves a dual...
Geological and Engineering Reports Reveal Significant Reserves in Recently Acquired East Texas Lease
DALLAS, TX / ACCESSWIRE / September 5, 2023 / Dallas-based oil and gas company, MDM Permian Inc (OTC PINK:MDMP) is pleased to announce the promising findings of geological and engineering reports for one of its recently acquired East Texas leases....
MDM Permian Inc Celebrates Milestone: Successful Sale of First Load of Oil from East Texas Acquisition
DALLAS, TX / ACCESSWIRE / August 29, 2023 / MDM Permian Inc., (OTC PINK:MDMP) an up-and-coming player in the energy sector, is thrilled to announce the successful sale of its first load of oil from one of its recent East...
MDM Permian, Inc. (Symbol:MDMP) Announces Strategic Acquisitions and Strengthened Management
DALLAS, TX / ACCESSWIRE / August 23, 2023 / MDM Permian, Inc. (OTC PINK:MDMP) is proud to unveil the latest developments that underline its commitment to growth and excellence. Under the leadership of its new management, the company has successfully...
MDM Permian Inc. (MDMP) Is Pleased to Announce the Appointment of VP of Finance
Carrollton, Texas, Feb. 18, 2022 (GLOBE NEWSWIRE) -- MDM Permian Inc. (OTC Pink: MDMP) today announced that Michael Cohen has been appointed the position of Vice President of Finance. “Mr. Cohen has been a consultant for MDM Permian, Inc. for...
MDM Permian, Inc. Acquires Well Interests and Drilling Locations for Its Operational Subsidiary
Carrollton, Texas, Aug. 24, 2021 — McapMediaWire — MDM Permian Inc. (OTC Pink: MDMP) today has announced continued good news and advances in our overall business plan in the Permian Basin with the transfer of assets to MDM Energy, Inc....
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