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 ($1M)

Has less than 1 year of cash runway

Negative shareholders equity

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

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

MMEX Resources Corporation Competitors

Vertex Energy

OTCPK:VTNR.Q

US$9.4k

Stratos Renewables

OTCPK:SRNW

US$7.0m

Sky Quarry

NasdaqCM:SKYQ

US$23.5m

Canadian Overseas Petroleum

OTCPK:VELX.Q

US$1.1m

Price History & Performance

Summary of share price highs, lows and changes for MMEX Resources
Historical stock prices
Current Share Price	US$0.0001
52 Week High	US$0.0002
52 Week Low	US$0.000001
Beta	213.47
1 Month Change	0%
3 Month Change	0%
1 Year Change	9,900.00%
3 Year Change	-99.94%
5 Year Change	-99.99%
Change since IPO	-100.00%

Recent updates

Shareholder Returns

	MMEX	US Oil and Gas	US Market
7D	-33.3%	5.6%	3.2%
1Y	9,900.0%	20.7%	24.2%

Return vs Industry: MMEX exceeded the US Oil and Gas industry which returned 20.7% over the past year.

Return vs Market: MMEX exceeded the US Market which returned 24.2% over the past year.

Price Volatility

Is MMEX's price volatile compared to industry and market?
MMEX volatility
MMEX Average Weekly Movement	7,194.4%
Oil and Gas Industry Average Movement	5.5%
Market Average Movement	6.5%
10% most volatile stocks in US Market	18.9%
10% least volatile stocks in US Market	3.2%

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 7468% to 7194% 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$1.09m
Earnings (TTM)	-US$7.50m
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$7.50m
Earnings	-US$7.50m

Last Reported Earnings

Oct 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.00069
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-50.6%

How did MMEX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 20:44
End of Day Share Price	2025/01/17 00:00
Earnings	2024/10/31
Annual Earnings	2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MMEX Resources Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution