Foothills Exploration Dividend Coverage

What does Foothills Exploration do? Foothills Exploration Inc, trading under the ticker FTXP with ISIN US34512J1088, is a U.S.-based company headquartered in Los Angeles. The company went public on October 30, 2014, and is engaged in the acquisition and development of oil and natural gas properties. It holds interests in several key assets, including a stake in Jubilee Exploration, LLC, which owns 545 shut-in or stranded oil and gas wells across multiple leases in northeastern Oklahoma and southeastern Kansas. Foothills Exploration also holds over 18,500 acres in the Wind River Basin of Wyoming and more than 5,700 acres in the Uinta Basin of Utah. The Wind River Basin, located in central Wyoming, encompasses approximately 60 large oil and gas fields produced from 17 different geological formations. Additionally, the company owns a 21% non-operated working interest in two horizontal gas wells in the Uinta Basin—Stagecoach 111-20H and Stagecoach 117-20H—which are operated by EOG Resources, Inc. These wells have been producing natural gas in commercial quantities. The company operates as a development-stage entity, focusing on the exploration and development of energy resources. Its website is https://foothillspetro.com/index.html. Foothills Exploration Inc. does not provide specific details on its sector or industry classification, and its operations are centered on the acquisition and development of oil and natural gas properties in the United States. Foothills Exploration is one of the most popular companies on Eulerpool.