Gulfslope Energy (GSPE)

Company Profile

GulfSlope Energy Inc., a Delaware corporation, is an independent crude oil and natural gas exploration and production company whose interests are concentrated in the United States Gulf of Mexico (“GOM”) federal waters offshore Louisiana. The Company currently has under lease fourteen federal Outer Continental Shelf blocks (referred to as “prospect,” “portfolio” or “leases” in this Report) and has licensed 2.2 million acres of three-dimensional (3-D) seismic data in its area of concentration. Two of the fourteen lease blocks were awarded in October and November of 2018.

Company profile

Ticker

GSPE

Exchange

OTC

Website

www.gulfslope.com

CEO

John N. Seitz

Incorporated

Delaware

Location

Texas

Fiscal year end

Sep 30

Sector

Energy Minerals > Other

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Occidental Petroleum • Chesapeake Energy • Devon Energy • Marathon Oil • EOG Resources • Murphy Oil • Pressburg • Ovintiv • California Resources ...

Former names

Plan A Promotions, Inc.

SEC CIK

0001341726

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

IRS number

161689008

GSPE stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

29 Dec 22

Entry into a Material Definitive Agreement

14 Oct 22

8-K

Material Modifications to Rights of Security Holders

15 Aug 22

16 May 22

14 Feb 22

29 Dec 21

13 Aug 21

Latest ownership filings

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Gulfslope Energy, Inc.

Gulfslope Energy, Inc.

27 Mar 19

Financial summary

Financial statements Chart GSPE financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Sep 22	Sep 21	Sep 20	Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	135.38 k	135.38 k	135.38 k	135.38 k	135.38 k	135.38 k
Cash burn (monthly)	36.64 k	115.18 k	1.36 mm	734.55 k	49.90 k	116.37 k
Cash used (since last report)	159.30 k	500.79 k	5.92 mm	3.19 mm	216.96 k	505.98 k
Cash remaining	-23.92 k	-365.41 k	-5.78 mm	-3.06 mm	-81.58 k	-370.60 k
Runway (months of cash)	-0.7	-3.2	-4.2	-4.2	-1.6	-3.2

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2022

GSPE institutional ownership history Ownership history

23.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2	2	–
Opened positions	1	0	NEW
Closed positions	1	1	–
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	1.77 mm	1.77 mm	+0.4%
Total shares	295.33 mm	294.22 mm	+0.4%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
DELKY Delek	294.02 mm	$1.76 mm	0.0%
Captrust Financial Advisors	1.31 mm	$10.00 k	NEW

Largest transactions	Shares	Bought/sold	Change
Captrust Financial Advisors	1.31 mm	+1.31 mm	NEW
Motley Fool Wealth Management	0.00	-200.72 k	EXIT
DELKY Delek	294.02 mm	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.