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Groove Botanicals Inc GRVE

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Morningstar’s Analysis

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Company Profile

Business Description

Groove Botanicals Inc is an oil and gas company. It is engaged in the acquisition of producing oil and gas properties. The Company is focused on acquiring mature, oil and gas wells in Kansas, Oklahoma, Texas, and Louisiana. Avalon's oil and gas producing properties consist of Lincoln County, Oklahoma; Lipscomb County, Texas; Miller County, Arkansas; Ward Petroleum Assets; Kensington Energy Assets, and other properties. Its strategy is to use efficient reservoir maintenance and technology to generate stable cash flows and production by acquiring a portfolio of oil and gas leases to generate asset growth and to deliver a sustainable rate of return to shareholders.

Contact
310 Fourth Avenue South, Suite 7000
Minneapolis, MN, 55415
T +1 952 746-9652
Sector Energy
Industry Oil & Gas E&P
Most Recent Earnings Dec 31, 2017
Fiscal Year End Mar 31, 2018
Stock Type Hard Assets
Employees 2