Saratoga Resources, Inc. is a development stage company focused on commercial exploitation of its portfolio of seismic licenses to participate in the acquisition and development of leases to support (i) oil and gas exploration and development and (ii) sequestration and storage of carbon dioxide.
Company profile
Ticker
SARAQ
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
760314489
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
6 Mar 23
8-K
Changes in Registrant's Certifying Accountant
30 Aug 22
10-K
2021 FY
Annual report
15 Apr 22
NT 10-K
Notice of late annual filing
31 Mar 22
8-K
Change in Shell Company Status
30 Dec 21
10-Q
2021 Q3
Quarterly report
29 Oct 21
UPLOAD
Letter from SEC
1 Sep 21
10-12G/A
Registration of securities (amended)
19 Aug 21
UPLOAD
Letter from SEC
17 Aug 21
10-12G
Registration of securities
21 Jul 21
Latest ownership filings
4
STEPHEN A SCHWARZMAN
14 Dec 22
SC 13D/A
Blackstone / GSO Capital Solutions Fund LP
14 Dec 22
3
Bradley Holmes
31 Jan 17
4
Thomas F Cooke
27 Jan 17
4
Rex H White JR
27 Jan 17
SC 13D/A
Saratoga Resources Inc /TX
16 Mar 16
SC 13D/A
Saratoga Resources Inc /TX
21 May 15
SC 13D/A
Saratoga Resources Inc /TX
6 May 15
SC 13D/A
Saratoga Resources Inc /TX
31 Mar 15
SC 13G/A
Saratoga Resources Inc /TX
17 Feb 15
Financial summary
Quarter (USD) | Dec 21 | Sep 21 | Sep 15 | Jun 15 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 14 | Dec 13 | Dec 12 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.69 k | 5.69 k | 5.69 k | 5.69 k | 5.69 k | 5.69 k |
Cash burn (monthly) | 8.87 k | 475.21 k | 37.05 k | 3.36 mm | 8.47 k | (no burn) |
Cash used (since last report) | 245.24 k | 13.14 mm | 1.02 mm | 92.86 mm | 234.09 k | n/a |
Cash remaining | -239.56 k | -13.13 mm | -1.02 mm | -92.86 mm | -228.40 k | n/a |
Runway (months of cash) | -27.0 | -27.6 | -27.5 | -27.6 | -27.0 | n/a |
Institutional ownership, Q3 2019
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 12.00 k |
Total shares | 780.48 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Wafra | 780.48 k | $12.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Dec 22 | Blackstone / GSO Capital Solutions Fund | Common Stock | Other | Dispose J | Yes | No | 0 | 4,800,000 | 0.00 | 0 |