PennPetro Energy (LSE:PPP) Unearned Premiums

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is PennPetro Energy Unearned Premiums?

Unearned Premiums only applies to insurance companies.

PennPetro Energy Business Description

Industry EnergyOil & Gas
Address 27-28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
PennPetro Energy PLC is a United Kingdom-based oil and gas company focused on the exploration, appraisal, and development of onshore oil and gas assets. Its principal project is the Whistler oil field in Gonzales County, Texas, where it holds working interests and has pursued development drilling and production activities. The company also evaluates additional conventional and transition energy opportunities. PennPetro operates through a single reportable segment, oil and gas exploration and development, and generates revenue primarily from the sale of crude oil produced from its Texas acreage. Its activities are concentrated in the United States, with corporate headquarters in London. As a small-cap exploration and production company, it relies on farm-in arrangements, joint ventures, and equity financing to fund drilling programs and asset development.