ReoStar Energy CORP Overview
Industry: Oil & Gas E&P
Sector: Energy
ReoStar Energy Corporation engages in the exploration, development, and acquisition of oil and gas properties primarily in Texas. It owns approximately 9,000 acres of leasehold, which include 5,000 acres of exploratory and developmental prospects, as well as 4,000 acres of enhanced oil recovery prospects. The company was formerly known as Goldrange Resources, Inc. and changed its name to ReoStar Energy Corporation in November 2004. ReoStar Energy Corporation was incorporated in 2004 and is headquartered in Fort Worth, Texas.
ReoStar Energy CORP is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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