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MMEX Resources Corp MMEX

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

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 Jan 31, 2021
Fiscal Year End Apr 30, 2021
Stock Type Hard Assets
Employees 2

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