Skip to content
BALCAO · CRUDE PETROLEUM & NATURAL GAS · SMALL CAP

Norris Industries, Inc. NRIS

12 fiscal years on record · USD · FY2025 reported · SEC filings only
$286,086
▼ 13.1% YoY
$-661,431

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

We are a small exploration & production (“E&P”) oil and natural gas company that focuses on the development, production, and maintenance of its existing of crude oil and natural gas properties in Texas. The Company was formed to conduct operations in the oil and gas industry, and currently focuses on the development, production and maintenance of its existing crude oil and natural gas properties in Texas. The Company’s goal is to tap into the high potential leases of the Central West Texas region of the United States, aiming to unlock the potential in the prolific Bend Arch-Fort Worth region. Currently, NRIS holds approximately 3,612 total gross acres in leaseholds in various areas of the North Central, and in North East Texas regions. The Company also will look at other acquisition opportunities in the Permian Basin, West Texas, East Texas and South Texas regions.

Written from the business description in Norris Industries, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 29 May 2026. Every sentence was checked against that document before publication.

Growth

USD 286,086.00
Revenue, FY2025 · full 12-year series below
Revenue $M Net income $M
FY2025 · Revenue 0.3 · Net income -0.7
0.25M0.50M-1.50M-3.00M
20142017202020232025
Compound annual growth
−18.4%
+0.4%
+5.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +0.4% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−231 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -190.3% · Net -231.2%
-500%-1000%
201420192025
ROE
FY2018 · ROE -95.0%
-100%-200%
201420192025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: -500%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2019 · FCF -0.8
-1M-2M
201420192025

Total assetsUSD 252,449.00
EquityUSD -4.8M
Gross debtUSD 3.7M
Current ratio0.30×

Equity funds -1921% of total assets.

The 12-year record

12 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
NRIS, 12-year financial record
Metric 202520242023202220212020201920182017201620152014
Revenue $B0.00.00.00.00.00.00.00.00.00.00.0◌
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0◌
EBITDA $B◌◌◌◌◌◌◌−0.0−0.0−0.0−0.0◌
Income tax $B◌◌◌◌◌◌◌◌◌0.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B◌◌◌◌◌◌−0.0◌−0.0◌−0.0◌
EPS, diluted $−0.01−0.01−0.01−0.01◌−0.01−0.03−0.01−0.03−0.04−0.010.00
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————————
ROE %———————−95.0−258.0−214.9−54.7−66.0
Shares out B0.110.110.090.090.090.090.090.090.090.050.040.04

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 47 reconciliationsAUDITED

Reconciled in 12 of the 12 fiscal years we could check. 14 checks were skipped: the balance sheet is not tagged before 2014. Seven checks were skipped: EPS is not tagged before 2014.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityCrude Petroleum & Natural Gas
Listed onOTC market
Incorporated inNevada
Fiscal year endsFebruary 28
SEC categorysmaller reporting company
Data on record since2014

Share this section

Download image