STOCK TITAN

CIRCLE ENERGY INC 10-Q Filings

CRCE OTC

Every 10-Q that CIRCLE ENERGY INC (CRCE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow CRCE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CRCE filings page.

Rhea-AI Summary

Circle Energy, Inc., a Nevada-based oil and natural gas exploration company focused on Texas, remained pre-revenue for the quarter ended June 30, 2026. The company reported a Q2 2026 net loss of $10,857, compared with $20,219 in Q2 2025, driven solely by general and administrative expenses. For the first six months of 2026, the net loss was $45,135 versus $44,492 a year earlier.

At June 30, 2026, Circle Energy held $79,289 in cash, total assets of $125,543 (including $39,500 of oil and gas properties not yet subject to amortization), minimal liabilities of $5,915, and stockholders’ equity of $119,628. Working capital was $80,128, and 1,530,000 common shares were outstanding. Management believes current cash will cover material cash needs for the next 12 months but indicates that additional funding or industry partnerships will be required to drill two wells on its 80-acre Andrews County, Texas lease, each estimated to cost about $750,000 to drill and complete, and to expand its acreage position.

Rhea-AI Summary

Circle Energy, Inc. reported unaudited results for the quarter ended March 31, 2026, remaining a pre-revenue, early-stage oil and gas company. The Company recorded no revenues and a net loss of $34,278, compared with a net loss of $24,273 for the same quarter in 2025, driven entirely by general and administrative expenses of $34,278.

Total assets were $158,934, including $108,675 of cash and cash equivalents and $39,500 of oil and natural gas properties not subject to amortization. Liabilities were minimal at $28,449, resulting in stockholders’ equity of $130,485. Shares outstanding were 1,530,000 as of May 11, 2026.

Management reports cash on hand of $108,675 and working capital of $90,985 as of March 31, 2026, and believes this is sufficient for material cash requirements over the next 12 months, but not for extensive drilling. Under its current Texas lease, the Company must drill two wells within three years, with each vertical well expected to cost about $750,000 to drill and complete, and is exploring industry partner funding or future equity financing to meet these development obligations.

Rhea-AI Summary

Circle Energy, Inc. filed its quarterly report for the period ended September 30, 2025. The company reported no revenue and a net loss of $16,888 for the quarter, bringing the nine‑month net loss to $61,380. General and administrative costs were $16,888 for the quarter and $61,380 year‑to‑date, reflecting legal, accounting and related public company expenses.

Liquidity remains modest: cash was $144,051 with working capital of $137,546 as of September 30, 2025. Stockholders’ equity was $177,046. Shares outstanding totaled 1,530,000 as of November 12, 2025. The company indicated it is a shell company.

Circle holds a 75% working interest (55.5% net revenue interest) in the C. W. Logsdon 80‑acre lease in Andrews County, Texas, carried at $39,500 as unproven properties. The lease requires two wells within three years; management estimates $750,000 per well to drill and complete and may partner with industry participants to fund drilling. Management believes current cash covers the next 12 months of operations but additional funding is needed to advance drilling.