Altex Industries Inc Overview
Pro stress-test →Altex Industries Inc, through its subsidiary Altex Oil Corporation (AOC), owns interests in productive onshore oil and gas properties located in Utah and Wyoming, and also engages in drilling of exploratory and development wells and recompletions of existing wells. All of AOC's interests are in properties operated by others.
Strategic Profile
Pro stress-test →Altex Industries was incorporated in 1985 and is based in Denver, Colorado. The company operates as a minimal-footprint oil and gas holding entity with a single full-time employee, maintaining a passive portfolio approach focused on modest reserve holdings in the Rocky Mountain region. The company is covered by 0 analysts, with no analyst submissions of revenue or earnings estimates.
Competitive Landscape
Pro stress-test →Altex competes indirectly with conventional onshore oil & gas producers in Utah and Wyoming, including other small independent oil and gas exploration and production companies. Given its minimal reserve base and passive investment posture, competitive positioning is negligible relative to regional producers.
Industry Context
Altex Industries Inc operates in Oil & Gas Exploration and Production.
Key facts
Founded: 1985 · Headquarters: Denver, Colorado · Employees: 1 · Revenue: N/A · Market cap: $2.8M