Pipestone Energy (Formerly Pipestone Oil, Blackbird Energy)

Pipestone Energy (Formerly Pipestone Oil, Blackbird Energy)

Oil and gas exploration and production company focused on developing condensate-rich assets in Alberta's Montney play. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
CAD20182019202020212022
Revenues1.6m62.5m136m391m724m
% growth-3740 %117 %188 %85 %
EBITDA(9.0m)8.4m36.6m228m436m
% EBITDA margin(551 %)13 %27 %58 %60 %
Profit(12.1m)(14.0m)(17.3m)67.9m220m
% profit margin(745 %)(22 %)(13 %)17 %30 %
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DateInvestorsAmountRound
N/A

N/A

IPO
*

$280m

Post IPO Debt
*

N/A

Acquisition
Total Funding-

Recent News about Pipestone Energy (Formerly Pipestone Oil, Blackbird Energy)

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Pipestone Energy Corp. is an oil and gas exploration and production company headquartered in Calgary, Alberta. The company specializes in developing its condensate-rich assets located in the Pipestone area of Alberta, particularly within the Montney play, which is known for its exceptional resource potential. Pipestone Energy's primary objective is to build long-term value for its shareholders by efficiently managing its resources and fostering strong partnerships within its operating community.

The company operates in the energy sector, specifically targeting the upstream segment of the oil and gas industry. Its core clients include investors looking for exposure to the energy market, as well as industrial and commercial entities requiring oil and gas products. Pipestone Energy's business model revolves around the exploration, development, and production of hydrocarbon resources, with a focus on maximizing the output and profitability of its condensate-rich assets.

Revenue generation for Pipestone Energy comes from the sale of crude oil, natural gas, and natural gas liquids (NGLs). The company leverages advanced drilling and extraction technologies to optimize production and reduce operational costs. By maintaining a strong focus on operational efficiency and cost management, Pipestone Energy aims to deliver consistent financial performance and sustainable growth.

Keywords: oil exploration, gas production, condensate-rich assets, Montney play, Alberta, upstream energy, hydrocarbon resources, operational efficiency, shareholder value, industrial partnerships.