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Westar Oil & Gas Inc
OTC:TEXG

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Westar Oil & Gas Inc
OTC:TEXG
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Price: 0.0007 USD Market Closed
Market Cap: 11.8k USD

Net Margin
Westar Oil & Gas Inc

1 859.2%
Current
-5 529%
Average
4.2%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
1 859.2%
=
Net Income
6.3m
/
Revenue
338k

Net Margin Across Competitors

Westar Oil & Gas Inc
Glance View

Market Cap
11.8k USD
Industry
N/A

Terax Energy, Inc. operates as a capital pool company, which engages in the exploration of oil and gas. The company is headquartered in Dallas, Texas and currently employs 3 full-time employees. The company went IPO on 2005-06-02. The Company’s principal properties consist of two blocks of oil and gas leases: one covering approximately 11,300 gross acres in the aggregate in close proximity to each other in Erath County, Texas, and one covering a block of approximately 16,200 gross acres in the aggregate in close proximity located in Comanche County, Texas, both of which permit the Company to drill and develop the Barnett Shale formation underlying the lease acreage. The Company’s operations are focused on the identification and evaluation of prospective oil and gas properties and the contribution of capital to projects. On April 3, 2006, the Company entered into a Gas Purchase Agreement with Louis Dreyfus Gas Development L.P. (LDGD) for the sale of gas to LDGD from certain oil and gas leases in Erath County, Texas which it operates.

TEXG Intrinsic Value
Not Available
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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
1 859.2%
=
Net Income
6.3m
/
Revenue
338k
What is the Net Margin of Westar Oil & Gas Inc?

Based on Westar Oil & Gas Inc's most recent financial statements, the company has Net Margin of 1 859.2%.

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