Shrinking Equity BaseA shrinking equity base may limit the company's ability to raise capital and could impact its financial stability, requiring careful management to avoid potential risks.
Revenue DeclineModest revenue growth suggests challenges in expanding market share or increasing sales, which could affect the company's competitive position and long-term growth prospects.
Market DependencyDependence on volatile global oil prices can lead to revenue fluctuations, impacting financial performance and planning, necessitating diversification strategies for stability.