Surya Oil & Gas Corp. Q3 revenue falls to $1.4 million with earnings at $493,072

Reuters
Nov 11
Surya Oil & Gas Corp. Q3 revenue falls to $1.4 million with earnings at $493,072

Surya Oil & Gas Corp. reported total revenue of $1.4 million for the third quarter ended September 30, 2025, compared to $4.4 million for the same period in 2024. Total earnings for the quarter were $493,100, down from $2.5 million a year earlier. For the nine months ended September 30, 2025, total revenue was $8.0 million and total earnings were $2.5 million, versus $13.1 million and $8.8 million, respectively, for the same period in 2024. Total assets for the period were $46.5 million, down from $73.2 million last year. The company recorded a net asset value of $0.09 per share for the third quarter of 2025. Surya Oil & Gas entered into an exclusive joint venture with a Dubai-based oil and gas company for crude oil and petrochemical trading in MENA countries, recommenced field operations across its 34,000 acres in West Virginia, and entered into a change of control agreement involving Aruna Holdings LLC for the acquisition of all Series A Preferred shares.

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