CoJax Oil & Gas Corp
cojaxoilandgas.comWhat Do They Do?
Acquires and develops oil and natural gas properties in the Gulf States Drill Region, selling crude oil and natural gas production to energy buyers.
10-K for FY2025, filed Mar 25, 2026We are an early-stage development oil and gas company seeking to become an independent energy company. Our assets and principal properties…View ↗
The Company is seeking to acquire existing underexploited conventional and unconventional oil and natural gas producing properties and…View ↗
Our teaming approach is also designed to facilitate rapid growth by bringing necessary expertise into operations from available…View ↗
How Do They Make Money?
Customers pay for delivered crude oil and natural gas at prices based on monthly market indexes, with adjustments; payment typically arrives within 90 days of the delivery month.
10-K for FY2025, filed Mar 25, 2026The Company accounts for revenue under ASC 606 “Revenue from Contracts with Customers.” Under ASC 606, oil and natural gas sales revenues…View ↗
$963.6K
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10-K for FY2025, filed Mar 25, 2026
$963.6K ↗
Who Are Their Customers?
Oil and natural gas purchasers buy the company’s production; the company says current purchasers market that production.
10-K for FY2025, filed Mar 25, 2026
Do Revenues Turn Into Profits?
No. It lost $1.1M in FY2025.
10-K for FY2025, filed Mar 25, 2026
How Are They Changing?
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