Inactive Instrument

ARETE IND Stock Other OTC

Oil & Gas Exploration and Production

End-of-day quote Other OTC Other stock markets
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19-04-09	Eagle-United Truck Wash, LLC acquired certain working interests in wells and fields in Wyoming and Kansas from Arête Industries, Inc. for $0.3 million.	CI
17-11-30	Arête Industries, Inc. Auditor Raises 'Going Concern' Doubt	CI

Arete Industries, Inc. is an independent oil and gas company. The Company is engaged in the acquisition and development of oil and natural gas reserves through a program, which includes purchases of reserves, re-engineering, development and exploration activities primarily focused on Wyoming, Kansas, Colorado and Montana. The Company holds interest in the producing oil and gas leases located in Sumner County, Kansas and Kimball County, Nebraska. It also owns a gas gathering system (pipeline and compressor station related assets) in Campbell County, Wyoming. The system consists of over 4.5 miles of eight-inch coated steel pipeline. The Company also acquires interests in traditional oil and gas ventures and seek properties that offer profit potential from overlooked and by-passed reserves of oil and natural gas, which may include shut-in wells, in-field development, stripper wells, re-completion and re-working projects.

Employees

Sector

Oil & Gas Exploration and Production

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Market Cap	1.29M 1.13M 1.05M 967K 1.83M 123M 1.87M 12.54M 4.9M 60.63M 4.85M 4.74M 210M	P/E 2015	-0.27x	P/E 2016	-0.33x
Enterprise Value	2.54M 2.24M 2.07M 1.91M 3.6M 243M 3.68M 24.71M 9.67M 120M 9.55M 9.34M 413M	EV / Sales 2015	2.52x	EV / Sales 2016	3.11x
Free-Float	67.12%	Yield 2015 *	-	Yield 2016	-

19-04-09	Eagle-United Truck Wash, LLC acquired certain working interests in wells and fields in Wyoming and Kansas from Arête Industries, Inc. for $0.3 million.	CI
17-11-30	Arête Industries, Inc. Auditor Raises 'Going Concern' Doubt	CI
16-02-21	Arête Industries, Inc. announced that it has received $1.75 million in funding	CI
15-12-29	Arete Industries, Inc. completed the acquisition of 51% of Padgett Properties and Nebraska Properties from Wellstar Corporation.	CI
15-12-29	Arête Industries, Inc. announced a financing transaction	CI
15-12-02	Arete Industries, Inc. entered into a definitive agreement to acquire 51% of Padgett Properties and Nebraska Properties from Wellstar Corporation for $1.2 million.	CI
15-08-21	Arete Industries, Inc. Accepts Resignations of Directors	CI
15-06-30	Arete Industries, Inc. Appoints Randall K. Arnold as a Director	CI
15-06-01	Arete Industries, Inc. Appoints Tristan R. Farel as Chief Financial Officer, Effective June 1, 2015	CI
15-04-27	Arete Industries, Inc. Announces Executive Changes	CI
14-07-11	Arete Industries, Inc. Announces Participation as Working Interest Owner in Two Horizontal Wells to Be Drilled	CI
14-02-21	Tranche Update on Arete Industries, Inc.'s Equity Buyback Plan announced on February 21, 2014.	CI
14-02-21	Arete Industries, Inc. announces an Equity Buyback for 1,200,000 shares, representing 8.92% for $0.23 million.	CI

Manager	Title	Age	Since
Nicholas L. Scheidt CEO	Chief Executive Officer	65	2013-04-30
Charles B. Davis COO	Chief Operating Officer	68	2011-04-27
William W. Stewart PRN	Corporate Officer/Principal	65	-

Director	Title	Age	Since
William W. Stewart BRD	Director/Board Member	65	-
Charles B. Davis BRD	Director/Board Member	68	2006-10-01
Nicholas L. Scheidt BRD	Director/Board Member	65	2012-11-20

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ARETE IND Stock Other OTC

Stocks

Oil & Gas Exploration and Production

Valuation: ARETE IND

Latest news : ARETE IND

Managers and Directors: ARETE IND

Other Oil & Gas Exploration and Production

Financials

Company Profile

	2015	2016
Net sales	841K 739K 685K 630K 1.19M 80.45M 1.22M 8.17M 3.2M 39.52M 3.16M 3.09M 137M	898K 789K 731K 672K 1.27M 85.84M 1.3M 8.72M 3.41M 42.17M 3.37M 3.3M 146M
Net income	-4.75M -4.17M -3.87M -3.56M -6.72M -454M -6.86M -46.11M -18.03M -223M -17.82M -17.43M -771M	-4.5M -3.95M -3.66M -3.37M -6.37M -430M -6.5M -43.7M -17.09M -211M -16.89M -16.52M -731M
Net Debt	806K 708K 657K 604K 1.14M 77.09M 1.17M 7.83M 3.06M 37.87M 3.03M 2.96M 131M	1.25M 1.1M 1.02M 939K 1.77M 120M 1.81M 12.18M 4.76M 58.89M 4.71M 4.6M 204M