American Resources CorpAREC

NasdaqEnergySilver Ores
Price (close)
$1.90
Market cap
$203.1M
P/E
3.7x
Revenue (TTM)
$0
Net income
$55.4M
Dividend yield
2.26%
1-year total return
-30.1%
Net margin
—
Revenue growth
—
Debt / equity
0.01x

What American Resources Corp does.

When we formed our company, our focus was to (i) construct and/or purchase and manage a chain of combined gasoline, diesel and natural gas (NG) fueling and service stations (initially, in the Miami, FL area); (ii) construct conversion factories to convert NG to liquefied natural gas (LNG) and compressed natural gas (CNG); and (iii) construct conversion factories to retrofit vehicles currently using gasoline or diesel fuel to also run on NG in the United States and also to build a convenience store to serve our customers in each of our locations.

On January 5, 2017, American Resources Corporation (ARC) executed a Share Exchange Agreement between the Company and Quest Energy Inc. (“Quest Energy”), a private company incorporated in the State of Indiana on May 2015 with offices at 12115 Visionary Way, Fishers, IN 46038, and due to the fulfillment of various conditions precedent to closing of the transaction, the control of the Company was transferred to the Quest Energy shareholders on February 7, 2017. This transaction resulted in Quest Energy becoming a wholly-owned subsidiary of ARC. On November 25, 2020, Quest Energy changed its name to American Carbon Corp. On December 27, 2024, American Carbon changed its name to American Infrastructure Corporation (AIC).

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.1M$7.8M$39.5M$11.8M$34,070$0
Net income-$10.3M-$32.5M-$1.4M-$38.5M-$39.2M$55.4M
Free cash flow———-$23.1M-$22.3M—

More on AREC.

Figures from American Resources Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.