MMEX Resources (OTCPK:MMEX) - Stock Price, News & Analysis

MMEX Stock Overview

Engages in the development, financing, construction, and operation of clean fuels infrastructure projects in the United States and internationally. More details

MMEX fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap ($10K)

Has less than 1 year of cash runway

Negative shareholders equity

Makes less than USD$1m in revenue ($0)

+ 2 more risks

MMEX Resources Corporation Competitors

Vertex Energy

OTCPK:VTNR.Q

US$6.1m

Stratos Renewables

OTCPK:SRNW

US$6.5m

Sky Quarry

NasdaqCM:SKYQ

US$15.6m

Canadian Overseas Petroleum

OTCPK:VELX.Q

US$1.1m

Price History & Performance

Summary of all time highs, changes and price drops for MMEX Resources
Historical stock prices
Current Share Price	US$0.00005
52 Week High	US$0.0002
52 Week Low	US$0.000001
Beta	215.41
11 Month Change	-50.00%
3 Month Change	-50.00%
1 Year Change	-75.00%
33 Year Change	-99.99%
5 Year Change	-100.00%
Change since IPO	-100.00%

Recent updates

Shareholder Returns

	MMEX	US Oil and Gas	US Market
7D	-50.0%	0.5%	2.0%
1Y	-75.0%	15.2%	32.4%

Return vs Industry: MMEX underperformed the US Oil and Gas industry which returned 15.2% over the past year.

Return vs Market: MMEX underperformed the US Market which returned 32.4% over the past year.

Price Volatility

Is MMEX's price volatile compared to industry and market?
MMEX volatility
MMEX Average Weekly Movement	6,999.3%
Oil and Gas Industry Average Movement	5.5%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.9%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MMEX's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: MMEX's weekly volatility has decreased from 7112% to 6999% over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
1986	n/a	Jack Hanks	mmexresources.com

MMEX Resources Corporation engages in the development, financing, construction, and operation of clean fuels infrastructure projects in the United States and internationally. The company intends to produce clean fuels with carbon capture; blue hydrogen from natural gas to produce electric power; and green hydrogen to be converted to green ammonia. MMEX Resources Corporation was founded in 1986 and is based in Fort Stockton, Texas.

MMEX Resources Corporation Fundamentals Summary

How do MMEX Resources's earnings and revenue compare to its market cap?
MMEX fundamental statistics
Market cap	US$9.69k
Earnings (TTM)	-US$7.46m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.1x

P/E Ratio

Is MMEX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMEX income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$7.46m
Earnings	-US$7.46m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.00077
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-51.1%

How did MMEX perform over the long term?

See historical performance and comparison

MMEX Resources OTCPK:MMEX Stock Report