The Company is an independent public reporting energy company engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. Our primary focus has been the development of interests in an oil and gas project consisting of 134,000 contiguous gross acres we hold in the Orogrande Basin in West Texas in Hudspeth County, Texas. In addition, we have minor interests in the Eastern edge of the Midland Basin in Texas, and two minor well interests in Oklahoma. Please visit www.nextbridgehydrocarbons.com for more information.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
872538731
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Departure of Directors or Certain Officers
27 Mar 24
8-A12G
Registration of securities
25 Mar 24
8-K
Departure of Directors or Certain Officers
14 Mar 24
8-K
Changes in Registrant's Certifying Accountant
14 Feb 24
8-K
Next Bridge Hydrocarbons, Inc. Provides Updates on Registration Statements
8 Feb 24
RW
Registration withdrawal request
8 Feb 24
S-1/A
IPO registration (amended)
6 Feb 24
S-1/A
IPO registration (amended)
25 Jan 24
8-K
Next Bridge Hydrocarbons, Inc. Announces Preliminary Results of Its Johnson Prospect Drilling Program
19 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | |
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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) | 4.88 mm | 4.88 mm | 4.88 mm | 4.88 mm | 4.88 mm | |
Cash burn (monthly) | (no burn) | (no burn) | 825.07 k | 282.51 k | 47.97 k | |
Cash used (since last report) | n/a | n/a | 5.83 mm | 1.99 mm | 338.69 k | |
Cash remaining | n/a | n/a | -940.28 k | 2.89 mm | 4.55 mm | |
Runway (months of cash) | n/a | n/a | -1.1 | 10.2 | 94.8 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Jul 23 | Lucas Hawkins | Employee Stock Options Common Stock | Grant | Acquire A | No | No | 1.2056 | 833,587 | 1.00 mm | 2,488,309 |
18 Jul 23 | Robert Lance Cook | Director Stock Options Common Stock | Grant | Acquire A | No | No | 1.2056 | 209,577 | 252.67 k | 622,077 |
18 Jul 23 | Delvina Oelkers | Employee Stock Options Common Stock | Grant | Acquire A | No | No | 1.2056 | 2,500,762 | 3.01 mm | 7,464,929 |
18 Jul 23 | Mia Pitts | Director Stock Options Common Stock | Grant | Acquire A | No | No | 1.2056 | 209,577 | 252.67 k | 622,077 |
18 Jul 23 | Kristin Whitley | Director Stock Options Common Stock | Grant | Acquire A | No | No | 1.2056 | 209,577 | 252.67 k | 622,077 |