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0.0209
-0.0001
(-0.48%)
Closed April 28 4:00PM

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Key stats and details

Current Price
0.0209
Bid
0.0201
Ask
0.0209
Volume
155,428
0.02036 Day's Range 0.021
0.002 52 Week Range 0.03
Market Cap
Previous Close
0.021
Open
0.02036
Last Trade
22328
@
0.0209
Last Trade Time
Financial Volume
$ 3,247
VWAP
0.020891
Average Volume (3m)
283,249
Shares Outstanding
392,518,929
Dividend Yield
-
PE Ratio
-20.00
Earnings Per Share (EPS)
-0
Revenue
91k
Net Profit
-409k

About MDM Permian Inc (PK)

Sector
Drilling Oil And Gas Wells
Industry
Drilling Oil And Gas Wells
Headquarters
Carson City, Nevada, USA
Founded
1970
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 $0.02. Over the last year, MDM Permian (PK) shares have traded in a share price range of $ 0.002 to $ 0.03.

MDM Permian (PK) currently has 392,518,929 shares outstanding. The market capitalization of MDM Permian (PK) is $7.85 million. MDM Permian (PK) has a price to earnings ratio (PE ratio) of -20.00.

MDMP Latest News

No news to show yet.
PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.005-19.3050193050.02590.0260.01554051080.0224614CS
40.0131167.9487179490.00780.0290.0075631900.02172922CS
120.01091090.010.0290.006352832490.01706205CS
260.0064544.63667820070.014450.0290.0022611320.01329852CS
52-0.0031-12.91666666670.0240.030.0022503610.01463309CS
156-0.1429-87.24053724050.16380.2470.0027105000.10114677CS
260-0.0631-75.1190476190.0840.9430.0029942300.1847477CS

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MDMP Discussion

View Posts
cheusmann cheusmann 1 week ago
A yuge buy hitting this morning. Interesting.
๐Ÿ‘๏ธ0
Gnarlyman Gnarlyman 1 week ago
We wonโ€™t know that until 4/30 when the February production data populates since management doesnโ€™t seem apt to share their reporting.
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cheusmann cheusmann 1 week ago
Agreed. Very please with how it has held up after the initial run.
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farml1234 farml1234 1 week 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 2 weeks ago
I added at .0105 again , truck is overloaded
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cheusmann cheusmann 2 weeks ago
Added some yesterday before the run over 2 cents. Added some more today.
👍️ 1
Gnarlyman Gnarlyman 2 weeks 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/
๐Ÿ‘๏ธ0
Gnarlyman Gnarlyman 2 weeks ago
Go to OTC, theyโ€™re posted
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farml1234 farml1234 2 weeks ago
How about a link to the Financials ?
thanks
๐Ÿ‘๏ธ0
brucebill brucebill 2 weeks ago
Wow,they have about had a million in cash in the bank.Thatโ€™s pretty good for a penny stock.
👍️ 1
Gnarlyman Gnarlyman 2 weeks 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— mdmpermian (@mdmpermian) April 15, 2024
👍️ 1
farml1234 farml1234 2 weeks ago
Look like some big money getting behind MSMP

jmho
👍️ 1
MattyTrader MattyTrader 2 weeks ago
Would be nice if these guys could get back over .10+
๐Ÿ‘๏ธ0
boo boo boo boo 2 months ago
Up 23%. Where's the fireworks? Let's have a parade! Another $500 K Capital Infusion. Hip Hip...
๐Ÿ‘๏ธ0
boo boo boo boo 3 months ago
Horrible returns for three undisclosed accredited, sophisticated $500K investors.
๐Ÿ‘๏ธ0
farml1234 farml1234 3 months ago
https://www.accesswire.com/viewarticle.aspx?id=824966&lang=en
๐Ÿ‘๏ธ0
eqinvestor eqinvestor 3 months ago
Look into it. Very real.
๐Ÿ‘๏ธ0
farml1234 farml1234 5 months ago
getting some volume today


HUMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM

jmho
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boo boo boo boo 5 months 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!
๐Ÿ‘๏ธ0
eqinvestor eqinvestor 5 months 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 5 months 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.
๐Ÿ‘๏ธ0
boo boo boo boo 5 months 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 5 months ago
and YOU must be a sucker why else would you be posting here !


jmho
👍️ 1
boo boo boo boo 5 months 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
๐Ÿ‘๏ธ0
boo boo boo boo 5 months ago
Good on you. Let him figure that out on his own. Amazing this scam lives on!
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Gnarlyman Gnarlyman 5 months ago
There is no production numbers according to the Texas RRC reports.
๐Ÿ‘๏ธ0
farml1234 farml1234 5 months ago
hey joker all old news , give the numbers on the reworked wells


jmho
๐Ÿ‘๏ธ0
boo boo boo boo 5 months 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
๐Ÿ‘๏ธ0
boo boo boo boo 5 months ago
86 BBL in July 2023.

MDM Energy, Permian, WTFever
๐Ÿ‘๏ธ0
boo boo boo boo 5 months 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 todayโ€™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 Companyโ€™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.(โ€œMDMโ€).
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!
๐Ÿ‘๏ธ0
boo boo boo boo 5 months ago
Big woop. Less than a $5,000 expenditure. Show me the production numbers. RRC.texas.gov.

By the way, he's down 22%!
๐Ÿ‘๏ธ0
eqinvestor eqinvestor 6 months ago
I would encourage you to call management. Very professional.
๐Ÿ‘๏ธ0
eqinvestor eqinvestor 6 months ago
At least they are buying. Better than 99% of all small pubco's.
๐Ÿ‘๏ธ0
farml1234 farml1234 6 months 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
๐Ÿ‘๏ธ0
Gnarlyman Gnarlyman 6 months ago
Be nice if this was a couple Form 4s, but instead a PR is published.

https://www.otcmarkets.com/stock/MDMP/news/MDM-Permian-Incs-Executive-Team-Demonstrates-Confidence-in-the-Companys-Future-with-Substantial-Personal-Share-Purchases?id=417812
๐Ÿ‘๏ธ0
MattyTrader MattyTrader 7 months ago
Yeahโ€ฆ if they let itโ€ฆ but they just continue to dilute
๐Ÿ‘๏ธ0
farml1234 farml1234 7 months ago
interesting day for MDMP , looks like going higher.


jmho
๐Ÿ‘๏ธ0
Gnarlyman Gnarlyman 7 months ago
Decent news yesterday.

MDM Permian sponsors $10MM Reg D Offering that will NOT dilute current shareholders. https://t.co/K7SXRiNRE3 #oilandgas #MDMP— mdmpermian (@mdmpermian) September 13, 2023
👍️ 1
farml1234 farml1234 8 months ago
Great news out today


jmho
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CashCowMoo CashCowMoo 8 months ago
people should have known a long time ago how this was going to turn out. so predictable
๐Ÿ‘๏ธ0
brucebill brucebill 9 months ago
The last time this stock was this dead it suddenly exploded and ran to .94
๐Ÿ‘๏ธ0
pepeoil pepeoil 12 months ago
Lol, Old raffy the failed promoter is now the field guy? Bwahaaaaaaa. That clown canโ€™t find oil at a gas station
👍️ 1
pepeoil pepeoil 1 year ago
Yep, old Raffy quit and sold his shares in this turd.
๐Ÿ‘๏ธ0
boo boo boo boo 1 year ago
Elon must've put a stop to this crap. Good on him!
๐Ÿ‘๏ธ0
boo boo boo boo 1 year ago
Twitter. Watch the spike when the tweet.
๐Ÿ‘๏ธ0
farml1234 farml1234 1 year ago
Hey MDMP is getting some volume again today

must be good news soon


jmho
๐Ÿ‘๏ธ0
pepeoil pepeoil 1 year ago
Are these clowns still producing a few gallons of oil per day?
๐Ÿ‘๏ธ0
farml1234 farml1234 1 year ago
where the heck do we find the news on mdmp

i see IH has changed that INFO


jmho
๐Ÿ‘๏ธ0
pepeoil pepeoil 1 year ago
Did Exxon ever buy this Permian beast out yet?
๐Ÿ‘๏ธ0
StockLogistics StockLogistics 1 year ago
Tweets were steady in 2022, but then abruptly stopped in November; was the company sold?

โ€œMdmpermian
@mdmpermian
·
Feb 14, 2022
Field Update: Brown #1 well has had 1207 bbls swabbed into frac tank. Had pump delivered and running rods. We can pump over 200 bbls per day which is close to what we have been getting from swabbing. Pump will be set 70 feet above top perforation. $MDMP #MDMP
3
10
39

mdmpermian
@mdmpermian
·
Feb 11, 2022
Field Update: Brown #1, we swabbed 120 bbls by lunch. Good news - we have started to get oil odor in samples. Will swab more today and shut in for weekend. $MDMP #MDMP
6
4
35

mdmpermian
@mdmpermian
·
Feb 11, 2022
Field Update: Brown #1 so far recovered 1010 bbls of frac fluid load end of Thurs. opened this am at 800 ft from surface again. Starting swabbing. More to come later today. $MDMP #MDMP
8
10
28

mdmpermian
@mdmpermian
·
Feb 10, 2022
Field Update: Brown #1 well had 18 swabs so far today. Recovered 111 bbls of gassy frac fluid. Fluid level in well is holding at 1400 ft from surface. Top perforation is at 6314 ft. Continuing to swab and monitor.
2
9
40

mdmpermian
@mdmpermian
·
Feb 10, 2022
Field Update: Brown #1, well flowing through casing overnite. Shut in casing and pulled 5 swabs in first hour, got 25 bbls. Fluid level holding at 800 ft from surface and gassy. 790 barrels recovered so far from 3140 bbls pumped on frac. Continuing to swab well. #MDMP $MDMP
6
13
37

mdmpermian
@mdmpermian
·
Feb 9, 2022
Field Update: Brown #1 has tubing to the perfs and rig is swabbing 3 to 4 times per hour. Over 700 barrels total recovery so far! Transports coming to empty tanks. #MDMP $MDMPโ€
๐Ÿ‘๏ธ0

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