Company Quick10K Filing
Pledge Petroleum
10-Q 2019-06-30 Filed 2019-08-19
10-Q 2019-03-31 Filed 2019-05-20
10-K 2018-12-31 Filed 2019-04-16
10-Q 2018-09-30 Filed 2018-11-14
10-Q 2018-06-30 Filed 2018-08-14
10-Q 2018-03-31 Filed 2018-06-12
10-K 2017-12-31 Filed 2018-06-01
10-Q 2017-09-30 Filed 2018-02-12
10-Q 2017-06-30 Filed 2017-12-18
10-Q 2017-03-31 Filed 2017-10-17
10-K 2016-12-31 Filed 2017-08-07
10-Q 2016-09-30 Filed 2016-11-14
10-Q 2016-06-30 Filed 2016-08-15
10-Q 2016-03-31 Filed 2016-05-16
10-K 2015-12-31 Filed 2016-03-30
10-Q 2015-09-30 Filed 2015-11-19
10-Q 2015-06-30 Filed 2015-08-14
10-Q 2015-03-31 Filed 2015-05-14
10-K 2014-12-31 Filed 2015-03-30
10-Q 2014-09-30 Filed 2014-11-13
10-Q 2014-06-30 Filed 2014-08-14
10-Q 2014-03-31 Filed 2014-05-15
10-K 2013-12-31 Filed 2014-04-07
10-Q 2013-09-30 Filed 2013-11-14
10-Q 2013-06-30 Filed 2013-08-14
10-Q 2013-03-31 Filed 2013-05-20
10-K 2012-12-31 Filed 2013-04-15
10-Q 2012-09-30 Filed 2012-11-16
10-Q 2012-06-30 Filed 2012-08-14
10-Q 2012-03-31 Filed 2012-05-14
10-K 2011-12-31 Filed 2012-04-16
10-Q 2011-09-30 Filed 2011-11-14
10-Q 2011-06-30 Filed 2011-08-15
10-Q 2011-03-31 Filed 2011-05-11
10-K 2010-12-31 Filed 2011-04-13
10-Q 2010-09-30 Filed 2010-11-12
10-Q 2010-06-30 Filed 2010-08-16
10-Q 2010-03-31 Filed 2010-05-24
10-K 2009-12-31 Filed 2010-04-15
8-K 2019-06-14 Enter Agreement, Off-BS Arrangement, Sale of Shares, Exhibits
8-K 2019-03-14 Accountant, Exhibits
8-K 2018-12-19 Enter Agreement, M&A, Sale of Shares, Control, Officers, Shell Status, Exhibits
8-K 2018-05-02 Officers
8-K 2018-03-23 M&A, Exit Costs, Officers, Control, Shareholder Vote, Exhibits

Pledge Petroleum Financials

PROP Metrics, Comps, Filings

Quarterly | Annual

Business

Our goal is to be a next-generation renewable fuels company. We intend to conduct business in the sourcing and implementation of renewable energy technology.

Our mission is to produce renewable diesel fuel and biochar in a profitable yet sustainable manner. We strive to achieve net environmental and social benefits and intend to achieve a negative carbon footprint, by responsibly managing our land use and water resources, and preserving our forests and food sources, while promoting energy independence, job creation and community investment. Our strategy is generally predicated on biomass feedstock sources consisting of residues from timber harvest and forest thinnings (sometimes called “slash”) comprised of branches, broken or defective tree parts, tops, and trees not meeting grade specifications that can be harvested on a sustainable basis.

Our technology platform is designed to enable us to convert low-cost, abundant and sustainable biomass feedstock (i.e., slash) into diesel. Our renewable diesel, is expected to burn much cleaner than traditional petroleum diesel, and to be chemically indistinguishable from conventional ASTM D975 diesel. In addition, the renewable diesel we intend to produce will be a “drop-in” diesel meaning it is a 100% petroleum diesel replacement.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Acquired Sales (AQSP) 20,859 -15.6 -17% 6,556 104 0 0 -1,088 -1,060 16,500
Hooper Holmes (HH) 20,612 21% -3.6 -59% 30,232 46,988 61,285 13,115 -17,873 -10,726 38,613
China YCT International Group (CYIG) 20,589 43% -0.6 15% 114,301 5,348 75,798 32,456 17,715 24,133 -15,374
Evergreen (EVGI) 20,582 -378.3 -6,931% 1 61 0 0 -54 -54 20,581
Green Spirit (GSRX) 20,213 46% -0.7 -194% 15,098 3,560 9,062 4,152 -29,296 -29,296 19,103
US Nuclear (UCLE) 20,177 51% -9.9 -54% 3,848 1,508 2,819 1,426 -2,063 -2,047 20,272
Texas South Energy (TXSO) 19,984 -5.4 -26% 14,729 9,196 0 0 -3,770 -3,667 19,799
Midwest Energy Emissions (MEEC) 19,950 28% -17.6 -14% 9,250 17,178 8,893 2,454 -1,326 -1,078 19,006
Sun Biopharma (SNBP) 19,872 -4.9 -137% 3,820 1,431 0 0 -5,226 -3,369 16,495
Powin Energy (PWON) 19,463 0% -1.7 -108% 15,902 21,774 19,303 9 -17,203 -17,268 28,549
Pledge Petroleum (PROP) 19,370 -18.8 -983% 106 791 0 0 -1,041 -1,030 19,364
Zoom Telephonics (ZMTP) 19,210 31% -9.4 -15% 14,369 7,195 27,043 8,314 -2,126 -1,801 16,930
Quest Solution (QUES) 19,007 26% -17.4 -7% 39,457 34,275 45,843 11,720 -2,608 -988 17,190
Alpha-En (ALPE) 18,933 0% -5.0 -206% 1,841 1,776 58 0 -3,798 -3,707 18,620
Silver Bull Resources (SVBL) 18,906 -5.8 -28% 10,243 590 0 0 -2,821 -2,816 16,471
Medite Cancer Diagnostics (MDIT) 18,662 24% -9.8 -29% 17,651 11,213 8,133 1,928 -5,123 -2,912 28,437
American Resources (AREC) 18,542 116% -1.0 -39% 67,836 60,725 18,184 21,119 -26,371 -23,183 22,654
Dynaresource (DYNR) 18,255 0% -7.2 -28% 10,108 10,707 11,046 0 -2,784 -2,584 18,694
Bullfrog Gold (BFGC) 18,110 -16.2 -271% 430 628 0 0 -1,164 -1,111 17,972
trutankless (TKLS) 17,982 14% -7.3 -369% 824 3,250 1,501 203 -3,042 -2,475 17,975

Balance Sheet ($'000)2011-06-302011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Cash465425322215628243364132413,91312,86012,56911,70010,5049,9239,5199,1708,9168,8918,7568,6006383791602106
Accounts Receivable71411000116077151688991877740
Inventory1200
PP&E114392413325151176218288377350699809815949957983983983983983983181818432
Assets66136421331772691191708349087266794,68213,92313,65912,84811,70111,07510,5329,2188,9858,9378,7868,635663404173171124106
Accounts Payable23428429130222381171461871712501673476714525415016010293311179643986492381171321
Long-Term Debt500527389206110112110000
Liabilities3,2903,5383,7914,0043,7971,4462,2612,6563,1551,4441,4321,0295479133384026744453256379431,0941,054455791
Stockholders' Equity-3,224-3,402-3,749-3,991-3,765-1,439-2,189-2,587-3,036-1,274-598-121179-2344,34413,52012,88912,15411,37510,4389,5898,1237,931
Income Statement ($'000)2011-06-302011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Revenue36786719123113291176801058280082660002500000
Cost of Revenue25603717938313551884359658424013211017000000000
Gross Profit111830235031-264-2-15-35925-34-40-132-28490002500000
R&D1820102000
SG&A582242-47-191163188230801421513121,751489486259194122485569731951261513898
Tax01200000000000000000000000
Net Income-302-453-368-275-206292-981-874-1,025-2,835-1,435-1,196-919-1,469-676-815-943-1,548-798-961-509-1,488-210-117-136-139-184-303-255-34-399-353
Cash Flow ($'000)2011-06-302011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Cash Operating-167-192-54-67-594-290-284-987-258-288-605-209-786-435-458-1,278-1,045101-332-255-24-135-156-112-257-21916-121-182
Cash Investing-30-600-105-25-44-70-88-46-368-18-6-152-2920-100650-10
Cash Financing17019552456222903201,0994984544422064,7049,75018541500450-8,500005100145