Summary

Remnant Oil

Founded in 2016

Description

Remnant Oil Company is an independent exploitation and production company engaged in the acquisition and development of oil and natural gas properties in the Permian Basin of Southeast New Mexico and West Texas.

Strengths

  • Remnant Oil has a strong market share in their industry
  • Revenue generated per employee is greater than industry average
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since Remnant Oil was founded, the company has grown faster than the industry average

Annual Revenue

Remnant Oil's annual revenue

$4758000

Based on Kona Equity data

  • Revenue per employee

    $317200

  • Variance of revenue growth

    0.02

  • Annual revenue growth since founding

    $594750

  • Revenue growth rate from first known quarter to current

    13.7%

Employee Count

15 employees

  • Employee growth rate from first known quarter to current

    -4.8%

Executives

David Richards

Controller

d**@remnantoil.com

Patrick Seale

Executive Vice President

p**@remnantoil.com

Vicki Kay

Vice President, Land

v**@remnantoil.com

William Flaherty

Managing Partner

w**@remnantoil.com

Robert Stitzel

Chief Operating Officer

r**@remnantoil.com

Annie Gilmore

Executive Assistant

a**@remnantoil.com

Phone Oil

Chief Executive Officer

p**@remnantoil.com

G Score - 6

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G2 Income per employee more than industry average.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.

Location

6 Desta Dr, Ste 5100 
Midland, TX  79705

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Key Information

  • SIC: 49
  • NAICS: 221; 22
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Remnant Oil.

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Frequently Asked Questions

Where is Remnant Oil located?

Remnant Oil's headquarters are located at 6 Desta Dr, Ste 5100  Midland, TX  79705.


What is Remnant Oil's official website?

Remnant Oil's official website is remnantoil.com


What is Remnant Oil's revenue?

Remnant Oil's annual revenue is $4.8 M.


What is Remnant Oil's SIC code?

Remnant Oil's SIC: 49


What is Remnant Oil's NAICS code?

Remnant Oil's NAICS: 221; 22.


How many employees does Remnant Oil's have?

Remnant Oil has 15 employees

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