Education
About Us
Working with TipRanks
Follow Us
Truleum (TRLM)
OTHER OTC:TRLM
Top Page
Truleum
(OTC:TRLM)
Rating:32Underperform
Price Target:―
Truleum (TRLM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.18M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)0.62
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees1
SectorEnergy
Sector Strength44
IndustryFossil Fuels
Share Statistics
EPS (TTM)-0.11
Shares Outstanding21,794,178
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Truleum Business Overview & Revenue Model
Company DescriptionAlpha Energy, Inc. engages in the acquisition, drilling, and development of oil and gas properties. It purchases or trades stock for oil and gas properties to be held as long term assets. It also seeks to acquire existing reserves in oil and gas properties and to grow its reserves and production. The company was founded on March 28, 2005 and is headquartered in Houston, TX.
How the Company Makes Money
Truleum Financial Statement Overview
Summary
Truleum is facing severe financial difficulties with declining revenues, deeply negative profit margins, increasing debt, and negative equity indicating insolvency. The cash flow remains negative, highlighting operational inefficiencies and significant financial risks.Income Statement
Truleum has consistently reported negative revenue growth, with total revenue declining from $198,444 in 2022 to $146,270 in 2023, a decrease of 26.3%. The company also struggles with negative gross profit margins and net profit margins, indicating significant operational challenges. The EBIT and EBITDA margins are deeply negative, highlighting ongoing losses and profitability issues.5
Very Negative
Balance Sheet
The balance sheet shows significant distress, with a negative stockholders' equity of -$2,748,004 in 2023, indicating insolvency. The debt-to-equity ratio cannot be calculated due to negative equity, but the total debt has increased, suggesting high leverage and financial instability. Additionally, the equity ratio is negative, emphasizing the company's high financial risk.10
Very Negative
Cash Flow
Truleum's cash flow situation is concerning, with negative operating and free cash flows in 2023, indicating poor cash generation capabilities. The free cash flow improved slightly compared to 2022 but remains negative at -$1,047,602. The operating cash flow to net income and free cash flow to net income ratios highlight inefficiencies in converting income into cash flow.7
Very Negative
| Breakdown | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | ― | ― | ― | ― | ― |
| Gross Profit | -264.86K | -375.33K | -11.81K | -1.70K | -194.96K |
| EBITDA | -1.95M | -1.49M | -939.62K | -1.75M | -331.73K |
| Net Income | -2.25M | -1.72M | -1.07M | -1.99M | -432.94K |
Balance Sheet | |||||
| Total Assets | 1.97M | 1.76M | 169.76K | 100.00K | 10.00K |
| Cash, Cash Equivalents and Short-Term Investments | ― | ― | ― | ― | ― |
| Total Debt | 2.17M | 1.21M | 1.43M | 1.37M | 163.18K |
| Total Liabilities | 4.72M | 3.10M | 2.78M | 2.32M | 567.42K |
| Stockholders Equity | ― | ― | ― | ― | ― |
Cash Flow | |||||
| Free Cash Flow | -1.05M | -2.85M | -356.89K | -139.39K | -151.76K |
| Operating Cash Flow | -683.84K | -1.46M | -356.89K | -109.39K | -151.76K |
| Investing Cash Flow | ― | ― | ― | ― | ― |
| Financing Cash Flow | ― | ― | ― | ― | ― |
Truleum Technical Analysis
Negative
0.10
Price Trends
0.10
Positive
0.25
Negative
1.62
Negative
Market Momentum
>-0.01
Negative
0.00
Positive
0.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRLM, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and below the 200-day MA of 1.62, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 0.00 is Positive, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TRLM.
Truleum Peers Comparison
Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $16.78M | 10.24 | 9.13% | 1.22% | 13.06% | 45.64% | |
56 Neutral | C$4.17B | 2.02 | 16.25% | 5.63% | 10.63% | -51.09% | |
45 Neutral | $11.58M | ― | -58.49% | ― | -34.85% | -68.02% | |
32 Underperform | $2.18M | ― | 81.83% | ― | ― | ― | |
| ― | $8.70M | 11.96 | 77.41% | 8.79% | ― | ― | |
| ― | $10.73M | 31.60 | 10.96% | 3.30% | ― | ― | |
| ― | $8.27M | ― | -66.55% | ― | ― | ― |
* Energy Sector Average
Performance Comparison
TRLM
Truleum
0.10
-2.90
-96.67%
BRN
Barnwell
1.10
-1.27
-53.59%
MXC
Mexco Energy
8.20
-2.98
-26.65%
MARPS
Marine Petroleum
4.31
0.76
21.41%
MTR
Mesa Royalty
5.68
-1.14
-16.72%
TPET
Trio Petroleum Corp.
1.10
-3.58
-76.50%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.