During the corresponding time, Amazing Energy Oil And Gas Co saw a revenue deteriorated by -53.4 % year on year, sequentially revenue grew by 47.25 %. While revenue at the Amazing Energy Oil And Gas Co 's corporate clients
Amazing Energy Oil And Gas Co's Comment on Sales, Marketing and Customers
The revenues generated by our operations are highly dependent upon the prices,
supplies and demand for oil and natural gas. Oil and natural gas are commodities,
and therefore, we are subject to market-based pricing. Since our oil is sour,
we receive somewhat less per barrel than the published WTI market prices, and
since our natural gas is a sour gas, we are limited to selling through a sour
gas transmission line and therefore are subject to a percent of proceeds (POP)
gas contract with the purchaser. Overall, the prices that we receive for our oil
and gas production depend on numerous factors beyond our control, including seasonality,
the status of domestic and global economies, political conditions in other oil
and gas producing countries, and the extent of domestic production and imports
of oil.
Amazing Energy Oil And Gas Co’s Comment on Sales, Marketing and Customers
The revenues generated by our operations are highly dependent upon the prices,
supplies and demand for oil and natural gas. Oil and natural gas are commodities,
and therefore, we are subject to market-based pricing. Since our oil is sour,
we receive somewhat less per barrel than the published WTI market prices, and
since our natural gas is a sour gas, we are limited to selling through a sour
gas transmission line and therefore are subject to a percent of proceeds (POP)
gas contract with the purchaser. Overall, the prices that we receive for our oil
and gas production depend on numerous factors beyond our control, including seasonality,
the status of domestic and global economies, political conditions in other oil
and gas producing countries, and the extent of domestic production and imports
of oil.
Sources:
Amazing Energy Oil and Gas Co’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Amazing Energy Oil and Gas Co’s corporate clients.
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