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0.0108
0.00089
(8.93%)
Closed March 11 4:00PM

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Key stats and details

Current Price
0.0108
Bid
0.0091
Ask
0.0118
Volume
27,472
0.0092 Day's Range 0.0108
0.006012 52 Week Range 0.029
Market Cap
Previous Close
0.009915
Open
0.0092
Last Trade
10741
@
0.0108
Last Trade Time
Financial Volume
$ 288
VWAP
0.010474
Average Volume (3m)
168,514
Shares Outstanding
531,980,000
Dividend Yield
-
PE Ratio
-20.00
Earnings Per Share (EPS)
-0
Revenue
66k
Net Profit
-282k

About MDM Permian Inc (PK)

MDM Permian, LLC was registered in Texas in 2017. The primary objective of the company is to build value in the Permian Basin of West Texas and Eastern New Mexico. This will be accomplished through strategic lease acquisition, drilling and producing oil and natural gas, purchase of existing producti... MDM Permian, LLC was registered in Texas in 2017. The primary objective of the company is to build value in the Permian Basin of West Texas and Eastern New Mexico. This will be accomplished through strategic lease acquisition, drilling and producing oil and natural gas, purchase of existing production, re-working old oilfields for overlooked reserves, and waterflooding energy depleted zones. MDM Energy, Inc. is a wholly owned subsidiary operating company of MDM Permian. MDM Energy, Inc. was incorporated in the state of Texas in 1981. The company has drilled over 125 wells in the Illinois Basin over the last decade and had been involved in all aspects of oil and gas development in the basin for over 35 years. Show more

Sector
Drilling Oil And Gas Wells
Industry
Drilling Oil And Gas Wells
Headquarters
Carson City, Nevada, USA
Founded
-
MDM Permian Inc (PK) is listed in the Drilling Oil And Gas Wells sector of the OTCMarkets with ticker MDMP. The last closing price for MDM Permian (PK) was $0.01. Over the last year, MDM Permian (PK) shares have traded in a share price range of $ 0.006012 to $ 0.029.

MDM Permian (PK) currently has 531,980,000 shares outstanding. The market capitalization of MDM Permian (PK) is $5.27 million. MDM Permian (PK) has a price to earnings ratio (PE ratio) of -20.00.

MDMP Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.000353.349282296650.010450.01080.00921229010.00967227CS
40.00076.930693069310.01010.01640.00921409510.01073214CS
120.002124.13793103450.00870.01770.00671685140.01029802CS
260.00338.46153846150.00780.01770.0060121239610.00991133CS
520.0033440.00750.0290.0060122248300.01200727CS
156-0.1626-93.77162629760.17340.17950.0022959220.03686437CS
2600.0057111.7647058820.00510.9430.0029121080.19456734CS

MDMP - Frequently Asked Questions (FAQ)

What is the current MDM Permian (PK) share price?
The current share price of MDM Permian (PK) is $ 0.0108
How many MDM Permian (PK) shares are in issue?
MDM Permian (PK) has 531,980,000 shares in issue
What is the market cap of MDM Permian (PK)?
The market capitalisation of MDM Permian (PK) is USD 5.27M
What is the 1 year trading range for MDM Permian (PK) share price?
MDM Permian (PK) has traded in the range of $ 0.006012 to $ 0.029 during the past year
What is the PE ratio of MDM Permian (PK)?
The price to earnings ratio of MDM Permian (PK) is -20
What is the cash to sales ratio of MDM Permian (PK)?
The cash to sales ratio of MDM Permian (PK) is 100
What is the reporting currency for MDM Permian (PK)?
MDM Permian (PK) reports financial results in USD
What is the latest annual turnover for MDM Permian (PK)?
The latest annual turnover of MDM Permian (PK) is USD 66k
What is the latest annual profit for MDM Permian (PK)?
The latest annual profit of MDM Permian (PK) is USD -282k
What is the registered address of MDM Permian (PK)?
The registered address for MDM Permian (PK) is 701 S CARSON STREET, STE 200, CARSON CITY, NEVADA, 89701
What is the MDM Permian (PK) website address?
The website address for MDM Permian (PK) is www.mdmpermian.com
Which industry sector does MDM Permian (PK) operate in?
MDM Permian (PK) operates in the DRILLING OIL AND GAS WELLS sector

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MDMP Discussion

View Posts
CashCowMoo CashCowMoo 2 months ago
MDMP still has 469 million shares available to dilute before needing to raise the A/S. A lot of restricted will be coming available in the near future.
πŸ‘οΈ0
farml1234 farml1234 2 months ago
look like we are the way up

jmho
👍 1
farml1234 farml1234 2 months ago
https://sih-st-charts.stocktwits-cdn.com/fit-in/500x0/filters:quality(75)/production/original_599169711.jpg
👍️ 1
farml1234 farml1234 2 months ago
bough another 100 K today, i liked the news

jmho
👍️ 1
CashCowMoo CashCowMoo 3 months ago
The pump and dump was called out years ago. For a while (and a while back) I remember some big pumping and pie in the sky. There were many warnings put out by people familiar with this.
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boo boo boo boo 3 months ago
Yup!
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farml1234 farml1234 3 months ago
WOW the bashers are out in full force again , my guess we have good news soon

jmho
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boo boo boo boo 3 months ago
MDMP doesn't drill. It's a dog with fleas. Pump n Dump.
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pepeoil pepeoil 7 months ago
Bubba, oil prices are higher when there is less drilling. Supply and demand bruh. Of course, these clowns don’t have any oil and can’t find any at a jiffy lube
😂 1
$theDDmessiah $theDDmessiah 8 months ago
Trump said drill baby drill MDMP gonna rock!
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pepeoil pepeoil 8 months ago
Another great week here at loserville. I have more oil in my hair and gas in my stomach than these boys have ever found
👍 1
pepeoil pepeoil 8 months ago
How is the oil wells doing? Lol. I tode you boys, these clowns can’t find oil at a gas station
👍️ 1
boo boo boo boo 8 months ago
Agree, but recent jump in volume. Positioning for the next news cycle? Then everybody shows up for the party that isn't good enough to make them whole!
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MattyTrader MattyTrader 9 months ago
Timberrrrrr another pos dead ticker in otc land…. Dilute dilute dilute all the way down to 000s before RS
👍️ 1
boo boo boo boo 10 months ago
That's .0025/outstanding share.
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boo boo boo boo 10 months ago
Bit optimistic in your expectations, imo. You have to follow the X thread. That's where it's promoted/pumped! Or, go to the railroad commission of Texas website. There you'll find their production numbers. Bet of Luck!
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cheusmann cheusmann 11 months ago
A yuge buy hitting this morning. Interesting.
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Gnarlyman Gnarlyman 11 months ago
We won’t know that until 4/30 when the February production data populates since management doesn’t seem apt to share their reporting.
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cheusmann cheusmann 11 months ago
Agreed. Very please with how it has held up after the initial run.
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farml1234 farml1234 11 months ago
MDMP is holding up better than i would have thought . My guess we have set a great base and will keep going up with production news

jmho
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farml1234 farml1234 11 months ago
I added at .0105 again , truck is overloaded
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cheusmann cheusmann 11 months ago
Added some yesterday before the run over 2 cents. Added some more today.
👍️ 1
Gnarlyman Gnarlyman 11 months ago
Can anyone confirm this Michael Cohen is the newer board advisor? He is the only one I can find with any Oppenheimer connection.

https://www.linkedin.com/in/michaelcohen2?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app

https://saicvc.com/michael-cohen-bio/
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Gnarlyman Gnarlyman 11 months ago
Go to OTC, they’re posted
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farml1234 farml1234 11 months ago
How about a link to the Financials ?
thanks
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brucebill brucebill 11 months ago
Wow,they have about had a million in cash in the bank.That’s pretty good for a penny stock.
👍️ 1
Gnarlyman Gnarlyman 11 months ago
MDM Permian 2023 Annual Financials have posted. The shell risk has been removed and the stock is moving in the right direction. #mdmp #oilandgas— MDM Permian (@mdmpermian) April 15, 2024
👍️ 1
farml1234 farml1234 11 months ago
Look like some big money getting behind MSMP

jmho
👍️ 1
MattyTrader MattyTrader 11 months ago
Would be nice if these guys could get back over .10+
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boo boo boo boo 1 year ago
Up 23%. Where's the fireworks? Let's have a parade! Another $500 K Capital Infusion. Hip Hip...
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boo boo boo boo 1 year ago
Horrible returns for three undisclosed accredited, sophisticated $500K investors.
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farml1234 farml1234 1 year ago
https://www.accesswire.com/viewarticle.aspx?id=824966&lang=en
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eqinvestor eqinvestor 1 year ago
Look into it. Very real.
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farml1234 farml1234 1 year ago
getting some volume today


HUMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM

jmho
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boo boo boo boo 1 year ago
I'm sure he is extremely personable. CEO's I know of wouldn't give me the time day and I personally don't know any. They're narcissistic SOB's. They have to layoff staff (the people who actually produce something beneficial to humanity) to keep the shareholder and board of directors happy all while justifying their ridiculous salaries. They, along with government, fleece hard working American citizens of their money! They all suck, imho!
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eqinvestor eqinvestor 1 year ago
I would suggest you call him. I have experience with hundreds of CEOs. Very personable CEO if you speak with him who does not appear to be a scammer
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boo boo boo boo 1 year ago
Who is Mark T. Warner and what is FireDream Resources?

Mark T. Warner of FireDream Resources

FireDream Resources Filings

Are you Mark??? Why are you supporting this scam of a company???

Somebody is a name stealer or a scammer.
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boo boo boo boo 1 year ago
If the truth hurts a lie is beautiful. Been telling truth here since December 2019 because folks are being scammed. Provided valuable information with links to reliable resources. Do your own diligence. I do, by the way, accept your opinion. You are being bitter, jmho. Are you being a sucker?

There are zero production numbers. What does this tell you?
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farml1234 farml1234 1 year ago
and YOU must be a sucker why else would you be posting here !


jmho
👍️ 1
boo boo boo boo 1 year ago
MDM Energy/Permian

Formerly=BestnPet, Inc. until 3-2019
Formerly=Resolute Oncology Inc. until 4-2018
Formerly=Pequot Resources Inc until 1-2013

What will they be renamed next?? SCAM
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boo boo boo boo 1 year ago
Good on you. Let him figure that out on his own. Amazing this scam lives on!
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Gnarlyman Gnarlyman 1 year ago
There is no production numbers according to the Texas RRC reports.
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farml1234 farml1234 1 year ago
hey joker all old news , give the numbers on the reworked wells


jmho
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boo boo boo boo 1 year ago
Yawn:

MDM Drilling Bigly


Status Date Status
# API No. Operator Name/Number Lease Name Well
# Dist. County Wellbore Profile Filing Purpose Amend Total Depth Stacked Lateral Parent Well DP
# Current Queue
Submitted 07/26/2021 Approved 07/29/2021 871530 235-36479 MDM ENERGY, INC. (556516) LINDLEY 'A' 4 7C IRION Vertical New Drill - 2000 Approved
Submitted 10/25/2021 Approved 11/03/2021 873924 353-33730 MDM ENERGY, INC. (556516) BROWN 2 7B NOLAN Vertical New Drill - 7000 Approved
Submitted 07/26/2022 Approved 08/19/2022 882463 235-36540 MDM ENERGY, INC. (556516) LINDLEY 'A' 6 7C IRION Vertical New Drill - 4000 Approved
Submitted 08/09/2022 Approved 08/17/2022 882896 353-33449 MDM ENERGY, INC. (556516) BROWN 1 7B NOLAN Vertical Recompletion - 6530 Approved
πŸ‘οΈ0
boo boo boo boo 1 year ago
86 BBL in July 2023.

MDM Energy, Permian, WTFever
πŸ‘οΈ0
boo boo boo boo 1 year ago
Same old Same old. Show me the drilling permits. RRC.texas.gov.

Carrollton, Texas, September 9th, 2021, MDM Permian Inc. (OTCPK: MDMP) today has
announced continued good news and advances in our overall business plan in the Permian
Basin.
MDM Permian has just completed a 4-year focused study, on a 24 sq. mile area in the Permian
Basin. There are several over-looked targets in this area that have been identified, including the
San Angelo, Clear Fork, Wichita Albany, Dean Wolfcamp and Canyon Sands formations. Third
party engineers have confirmed an estimated 84 million barrels of producible oil in place from
all sections combined. At today’s prices, this area has an estimated value of as much as $5b in
undiscounted future revenues at current prices. The company plans to drill only vertical wells
that are low risk and cost as compared to horizontal wells (HZ). It estimated Lease Operating
Cost (LOE) is $8.00 per BOE-on risk adjusted return.
The Company is now planning to go into the drilling and development phase.
About MDM Permian, Inc.:
Based in Carrolton, Texas, MDM Permian, Inc. is a publicly traded energy company with
interests in oil and natural gas wells, mineral prospects. The Company’s business plan includes
building value through reserves and production in the Permian Basin of Texas. MDM Energy,
Inc. (the wholly owned operating subsidiary of MDM Permian, Inc.), has been actively involved
in the oil and gas industry since 1981 with offices located in Carrolton, Texas. Michael Rafael
has 40 years of experience in the oil and gas industry, serving as founder, President and Chief
Executive Officer of MDM Energy, Inc.(β€œMDM”).
FORWARD-LOOKING STATEMENTS
Statements related to outlooks, projections, goals, targets, descriptions of strategic plans and objectives, and other
statements of future events or conditions are forward-looking statements. Actual future results, including financial and
operating performance; total capital expenditures and mix; cost and expense reductions; emissions intensity and
absolute emission reductions; cash flow, dividends, debt levels, and shareholder returns; business and project plans,
timing, costs, capacities, and returns; asset management activities; results from settlement of outstanding derivatives;
workforce reductions; the outcome of litigation, tax, and other contingencies; and future accounting and financial
reporting effects of the foregoing could differ materially due to a number of factors. These include global or regional
changes in the supply and demand for oil, natural gas, petrochemicals, and feedstocks and other market conditions
that impact prices and differentials; actions of competitors and commercial counterparties; the ability to access shortand long-term debt markets on a timely and affordable basis; the ultimate impacts of COVID-19, including the extent
and nature of further outbreaks and the effects of government responses on people and economies; reservoir
performance; the outcome of exploration projects; timely completion of development and other construction projects;
changes in law, taxes, or regulation including environmental regulations, trade sanctions, and timely granting of
governmental permits; government policies and support and market demand for low carbon technologies like carbon
capture; war, and other political or security disturbances; opportunities for potential investments or divestments and
satisfaction of applicable conditions to closing, including regulatory approvals; the capture of efficiencies within and
between business lines and the ability to maintain near-term cost reductions as ongoing efficiencies while maintaining
future competitive positioning; unforeseen technical or operating difficulties and unplanned maintenance; the
development and competitiveness of alternative energy and emission reduction technologies; the results of research
programs and the ability to bring new technologies to commercial scale on a cost-competitive basis; and other factors
discussed in this report. We assume no duty to update these statements as of any future date.

mdmpermian.com

Call their IT department for recent updates!

or

Go to OTCmarkets.com for more BS!
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boo boo boo boo 1 year ago
Big woop. Less than a $5,000 expenditure. Show me the production numbers. RRC.texas.gov.

By the way, he's down 22%!
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eqinvestor eqinvestor 1 year ago
I would encourage you to call management. Very professional.
πŸ‘οΈ0
eqinvestor eqinvestor 1 year ago
At least they are buying. Better than 99% of all small pubco's.
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farml1234 farml1234 1 year ago
Would have been better if shares pusrchased was in the millions

Mark T. Warner, President and CEO of MDM Permian Inc, displayed remarkable confidence in the company's trajectory by purchasing a substantial 492,600 shares within the past month. Rachel D. Green, Vice President at MDM, also showcased her belief in the company's potential by purchasing 55,000 shares during the same period.

jmho
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