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LLEX Stock - Lilis Energy, Inc.


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LLEX Profile

Lilis Energy, Inc. logo

Lilis Energy, Inc., trading under the ticker symbol LLEX, is an independent oil and gas exploration and production company headquartered in Houston, Texas. The company's operations are focused on the exploration and development of unconventional oil and gas assets in the Permian Basin, which is located in West Texas and Southeastern New Mexico.

Lilis Energy was founded in 2007 and has grown rapidly through a combination of organic growth and strategic acquisitions. The company's strategy is focused on developing high-quality, low-cost assets in the Permian Basin, with the goal of maximizing shareholder value through sustainable production growth and strong financial performance.

As of its most recent financial filings, Lilis Energy had proven reserves of approximately 56 million barrels of oil equivalent and had production of approximately 6,400 barrels of oil equivalent per day. The company's operations are structured as a master limited partnership (MLP), which provides significant tax benefits to investors.

Lilis Energy's operations are subject to a range of risks and uncertainties, including volatility in commodity prices, operational risks, and regulatory and environmental risks. The company also faces competition from other oil and gas exploration and production companies operating in the Permian Basin.

Investors considering an investment in Lilis Energy should carefully evaluate the company's financial performance, competitive position, and growth prospects. While the Permian Basin is a highly attractive region for oil and gas development, it is also highly competitive, and Lilis Energy faces significant competition from other players in the region.

Despite these challenges, Lilis Energy has established itself as a significant player in the Permian Basin, with a strong track record of growth and profitability. The company has made significant progress in developing its oil and gas assets and continues to explore new opportunities for growth and



 

 
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