Petrogas CO

Market Movers (8-K)

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Petrogas Company has dismissed Olayinka Oyebola & Co and appointed Boladale Lawal & Co as its new independent registered public accounting firm.
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Petrogas Company has dismissed BF Borgers as its independent auditor and appointed Olayinka Oyebola & Co, Chartered Accountants as its new auditor.
Worse than expected
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PetroGas Company has acquired mineral rights to 12.1 acres in Tarrant County, Texas, and updated its phone number.

Quarterly Earnings (10-Q)

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PetroGas Company reported a net loss of $17,230 for the three months ended December 31, 2025, and continues to face substantial doubt about its ability to continue as a going concern due to lack of significant revenue and an accumulated deficit.
Worse than expected
Capital raise
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PetroGas Company reported no significant revenue and an accumulated deficit exceeding $142 million, raising substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
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PetroGas Company reported a net loss of $16,594 for the quarter ended June 30, 2025, with no significant revenues and a growing working capital deficiency, raising substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
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PetroGas Company's latest 10-Q filing reveals ongoing losses and a working capital deficiency, raising concerns about its ability to continue as a going concern.
Capital raise
Worse than expected
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PetroGas Company reports a net loss of $20,130 for the three months ended September 30, 2024, and acknowledges substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
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PetroGas Company's Q1 2025 financial results show a reduced net loss compared to the same period last year, despite ongoing concerns about the company's ability to continue as a going concern.
Better than expected
Capital raise

Annual Reports (10-K)

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PetroGas Company reported a net income of $8,978 for the fiscal year ended March 31, 2025, primarily due to a non-cash gain on asset retirement obligations, while continuing to face substantial doubt about its ability to continue as a going concern with no revenue generation and significant accumulated deficit.
Capital raise
Worse than expected
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PetroGas Company's annual report reveals a net loss of $90,588 for the fiscal year ended March 31, 2024, and continued concerns about its ability to operate as a going concern.
Capital raise
Worse than expected