No insider purchase over the last 90 days. The latest, by Oppenheim Joel Martin, was filed 26 Jun 2023.
Every trade that managers of Petrolia Energy Corp disclose to SEC (Form 4) is tracked on this page. The company sits in the Energy sector. No insider at Petrolia Energy Corp has published a filing in the past twelve months. The most recent one dates from 26 June 2023.
Our records for Petrolia Energy Corp go back to 2016, with 16 purchases and 2 sales on the open market in total.
Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2022 · cache
25 of 75 declarations
Petrolia Energy Corp. is a U.S. energy company historically associated with SEC reporting and insider-transaction monitoring, and it has been referenced in the U.S. public-markets context tied to NYSE/NASDAQ-listed issuers, although its own securities activity has been centered around the smaller-cap OTC/SEC universe. The company’s operational headquarters were disclosed in Houston, Texas, and the issuer is organized under Texas law. Its corporate history goes back to incorporation in Colorado on January 16, 2002, followed by a strategic pivot into oil and gas exploration and production in 2012 and a formal name change to Petrolia Energy Corporation in 2016. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1368637/000158069518000201/bbls-10k_123117.htm))
From a business-model standpoint, Petrolia Energy has been an upstream oil and gas company focused on exploration, development, and production. The company’s historical strategy emphasized acquiring working interests in existing fields, redeveloping mature assets, and pursuing low-cost operating solutions in established hydrocarbon basins. In SEC filings, management described a focus on the U.S. Southwest and identified conventional onshore assets, including the Minerva-Rockdale Field in Texas, while also reporting a 25% working interest in properties in Saskatchewan and Alberta. This points to a portfolio that has been opportunistic and asset-driven rather than built around a single large core play. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1368637/000158069518000201/bbls-10k_123117.htm))
Competitively, Petrolia should be viewed as a micro-cap upstream name rather than a scaled independent producer. Its competitive position has depended on asset acquisitions, capital availability, and the ability to extract incremental value from mature fields. The company has stated that its activities are primarily dependent on financing, which is an important indicator of balance-sheet sensitivity and execution risk. Its key products/services are straightforward: oil and gas production, field development, lease and working-interest management, and the redevelopment of established assets. In practical terms, that means Petrolia’s economics have been linked to operational uptime, reservoir management, and access to capital, not to downstream integration or large-scale LNG, refining, or midstream infrastructure. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1368637/000158069518000201/bbls-10k_123117.htm))
Recent developments have been dominated by material governance and compliance issues. On May 2, 2025, the SEC noted that Petrolia had been the subject of a Section 12(j) administrative proceeding, had not filed a required periodic report since its Form 10-Q filed on November 15, 2023 for the quarter ended September 30, 2023, and had filed for Chapter 7 bankruptcy on August 6, 2024. The SEC also noted that the company’s securities registration revocation became effective on July 10, 2025. Separately, a Form 4 filed in 2023 showed a large insider disposal by Zel C. Khan, stating that all issued and outstanding shares he owned were transferred in a stock transfer agreement dated April 1, 2023. Taken together, these facts suggest a distressed, highly idiosyncratic situation rather than a normal operating E&P growth story. ([sec.gov](https://www.sec.gov/file/34-102973))
| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2022 | 6.8 m USD | -1.5 m USD | n.d. | 10-K |
| Dec 2021 | 5.9 m USD | 1.9 m USD | n.d. | 10-K |
| Dec 2020 | 2.9 m USD | -10.3 m USD | n.d. | 10-K |
| Dec 2019 | 2.9 m USD | -2.9 m USD | n.d. | 10-K |
| Dec 2018 | 1.2 m USD | -38.0 m USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.