BKRP (Black Rock Petroleum Co) Piotroski F-Score: 0 (As of Jun. 27, 2026)

What is Black Rock Petroleum Co Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Black Rock Petroleum Co has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Black Rock Petroleum Co's Piotroski F-Score or its related term are showing as below:

Black Rock Petroleum Co (OTCPK:BKRP) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.

Black Rock Petroleum Co Piotroski F-Score Related Terms

Black Rock Petroleum Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Black Rock Petroleum Co's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Black Rock Petroleum Co Piotroski F-Score Chart

Black Rock Petroleum Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Piotroski F-Score

Get a 7-Day Free Trial

N/A

0.00

Black Rock Petroleum Co Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Piotroski F-Score	Get a 7-Day Free Trial															N/A	N/A	N/A	0.00	0.00

How is the Piotroski F-Score calculated?

This Year (Jul23) TTM:

Last Year (Jul22) TTM:

Net Income was -0.004 + -0.012 + -0.004 + -0.001 = $-0.02 Mil.
Cash Flow from Operations was -0.008 + -0.015 + 0 + -0.002 = $-0.03 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Average Total Assets from the begining of this year (Jul22)
to the end of this year (Jul23) was
(0 + 0 + 0 + 0 + 0) / 5 = $0 Mil.
Total Assets at the begining of this year (Jul22) was $0.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.00 Mil.
Total Current Liabilities was $0.15 Mil.

Net Income was -0.001 + -0.002 + -0.003 + -0.001 = $-0.01 Mil.

Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Average Total Assets from the begining of last year (Jul21)
to the end of last year (Jul22) was
(0 + 0 + 0 + 0 + 0) / 5 = $0 Mil.
Total Assets at the begining of last year (Jul21) was $0.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $0.00 Mil.
Total Current Liabilities was $0.13 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Black Rock Petroleum Co's current Net Income (TTM) was -0.02. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Black Rock Petroleum Co's current Cash Flow from Operations (TTM) was -0.03. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)	=	Net Income	/	Total Assets (Jul22)
	=	-0.021	/	0
	=

ROA (Last Year)	=	Net Income	/	Total Assets (Jul21)
	=	-0.007	/	0
	=

Black Rock Petroleum Co's return on assets of this year was . Black Rock Petroleum Co's return on assets of last year was . ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Black Rock Petroleum Co's current Net Income (TTM) was -0.02. Black Rock Petroleum Co's current Cash Flow from Operations (TTM) was -0.03. ==> -0.03 <= -0.02 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jul23)	=	Long-Term Debt & Capital Lease Obligation	/	Average Total Assets from Jul22 to Jul23
	=	0	/	0
	=

Gearing (Last Year: Jul22)	=	Long-Term Debt & Capital Lease Obligation	/	Average Total Assets from Jul21 to Jul22
	=	0	/	0
	=

Black Rock Petroleum Co's gearing of this year was . Black Rock Petroleum Co's gearing of last year was . ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jul23)	=	Total Current Assets	/	Total Current Liabilities
	=	0	/	0.154
	=	0

Current Ratio (Last Year: Jul22)	=	Total Current Assets	/	Total Current Liabilities
	=	0	/	0.133
	=	0

Black Rock Petroleum Co's current ratio of this year was 0. Black Rock Petroleum Co's current ratio of last year was 0. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Black Rock Petroleum Co's number of shares in issue this year was 200. Black Rock Petroleum Co's number of shares in issue last year was 169.786. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)	=	Gross Profit	/	Revenue
	=	0	/	0
	=

Gross Margin (Last Year: TTM)	=	Gross Profit	/	Revenue
	=	0	/	0
	=

Black Rock Petroleum Co's gross margin of this year was . Black Rock Petroleum Co's gross margin of last year was . ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)	=	Revenue	/	Total Assets at the Beginning of This Year (Jul22)
	=	0	/	0
	=

Asset Turnover (Last Year)	=	Revenue	/	Total Assets at the Beginning of Last Year (Jul21)
	=	0	/	0
	=

Black Rock Petroleum Co's asset turnover of this year was . Black Rock Petroleum Co's asset turnover of last year was . ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score

Que. 1

Que. 2

Que. 3

Que. 4

Que. 5

Que. 6

Que. 7

Que. 8

Que. 9

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Black Rock Petroleum Co has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

Black Rock Petroleum Co Business Description

Industry Energy Oil & Gas

Comparable Companies VCAN ADAC HPIL CIIT LWLW HKEB FWLAF CPKA UPDC FRMC MUSS ANSU MGHL HRVOF GNTW ITDN SCPD ZMWYF GLBB HLLY

Address 2559 Parkview Lane, No 108, Port Coquitlam, BC, CAN, V3c6m1

Website https://www.blackrockdrilling.com

Black Rock Petroleum Co is a diversified oil and gas company in the business of seeking potential oil and gas opportunities in USA and internationally to acquire as part of its rapid expansion plans. It is a oil and gas exploration stage corporation and distributor of oil field equipment.