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MMEX Resources Corp MMEX

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Morningstar’s Analysis

Valuation
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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Company Profile

Business Description

MMEX Resources Corp is a resource development company. Principally, it is engaged in exploration, extraction, refining, and distribution of oil, gas, petroleum products and electric power projects in Texas, Peru, and other countries in Latin America. The company intends to build crude oil refining facilities in the Permian Basin in West Texas. It also focuses on operations of around 10,000 bpd distillation unit that will produce a non-transportation grade diesel for sale in the local market for drilling frac fluids, along with naphtha and residual fuel oil to be sold to other refiners.

Contact
3616 Far West Boulevard, Suite 117-321
Austin, TX, 78731
T +1 855 880-0400
Sector Energy
Industry Oil & Gas E&P
Most Recent Earnings Oct 31, 2020
Fiscal Year End Apr 30, 2021
Stock Type Hard Assets
Employees 2