Skip to main content
BPIGF logo

BPI Energy Holdings, Inc (BPIGF) Stock Price & Analysis

Educational signal · not a buy or sell recommendation · How to read this

$0.0001 $0.00 (0.00%)
Vol: 150| 52-wk range: $0.000001 – $0.0002
Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

BPI Energy Holdings, Inc (BPIGF) trades at $0.0001. BPI Energy Holdings, Inc. focuses on acquiring, exploring, developing, producing, and selling coalbed methane (CBM) properties in the United States. Sector: Energy.

Price as of · Last analyzed: Mar 17, 2026
BPI Energy Holdings, Inc. focuses on acquiring, exploring, developing, producing, and selling coalbed methane (CBM) properties in the United States. The company holds significant CBM rights in the Illinois Basin, but faces challenges typical of small-cap OTC energy companies.

Analyst Coverage for BPIGF: BPIGF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the BPIGF film Every key number, told as a short cinematic story — just press play. ~2 min

No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.

BPI Energy Holdings, Inc (BPIGF) Energy Operations & Outlook

CEOMatthew J. Dennis
Employees21
HeadquartersSolon, US
IPO Year2004
SectorEnergy

BPI Energy Holdings, Inc. is an OTC-listed company engaged in the acquisition, exploration, and production of coalbed methane properties, primarily in the Illinois Basin, with a focus on approximately 500,000 acres of CBM rights; however, it faces challenges related to profitability and market capitalization.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 17, 2026

What Is the Investment Thesis for BPIGF?

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

Investing in BPI Energy Holdings, Inc. (BPIGF) presents a speculative opportunity tied to the potential future development of its coalbed methane assets in the Illinois Basin. The company's significant land holdings, approximately 500,000 acres, represent a substantial resource base. However, the company's negative profit margin of -729.6% and lack of dividend payments highlight significant financial challenges. The high beta of 31.87 suggests extreme volatility relative to the market. Successful development of CBM reserves and improved operational efficiency are critical for realizing value. Investors should carefully consider the risks associated with OTC-listed companies and the inherent volatility of the energy sector before investing.

Based on FMP financials and quantitative analysis

BPIGF Key Highlights

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

BPI Energy Holdings, Inc. owns approximately 500,000 acres of coalbed methane (CBM) rights in the Illinois Basin, representing a significant asset base.

  • The company's profit margin is -729.6%, indicating substantial losses relative to revenue.
  • The gross margin is 17.6%, suggesting some ability to generate profit from production before operating expenses.
  • The company's beta is 31.87, indicating extremely high volatility compared to the overall market.
  • As of July 31, 2007, the company reported 16,274 million cubic feet of total estimated proved developed and undeveloped reserves.

Who Are BPIGF's Competitors?

BPIGF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
TPET Trio Petroleum Corp. $1.55 -3.73% $7.62M —
MXC Mexco Energy Corporation $9.73 -3.28% $19.9M 76 5-pillar
CKX CKX Lands, Inc. $10.32 -2.92% $21.2M 52 5-pillar
BATL Battalion Oil Corporation $1.05 +1.45% $22.7M —
INDO Indonesia Energy Corporation Limited $2.78 +4.12% $41.1M —
ANNA AleAnna, Inc. $2.69 +0.75% $110M 39 5-pillar
EPM Evolution Petroleum Corporation $3.56 -0.56% $128M 46 5-pillar
AMPY Amplify Energy Corp. $4.43 +1.61% $180M 50 5-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are BPIGF's Key Strengths?

Significant land holdings in the Illinois Basin.

  • Focus on coalbed methane (CBM) provides specialized expertise.
  • Existing CBM production infrastructure.
  • Long operating history since 1980.

What Are BPIGF's Weaknesses?

Negative profit margin indicates financial instability.

  • Small market capitalization and OTC listing limit access to capital.
  • Dependence on a single geographic region (Illinois Basin).
  • Limited diversification of energy sources.

What Are the Key Risks for BPIGF?

Financial-distress signal — its Altman Z-Score of -5.35 sits in the distress zone (elevated bankruptcy risk).

  • Negative return on equity (-71.3%) — the business is not currently generating profit on shareholder capital.
  • Fluctuations in natural gas prices can significantly impact revenue.
  • Increasing environmental regulations could increase compliance costs.
  • Competition from larger energy companies with greater resources.
  • Dependence on a single geographic region (Illinois Basin) exposes the company to regional economic risks.
  • Limited access to capital due to small market capitalization and OTC listing.

What Are BPIGF's Competitive Advantages?

  • Land position: Significant acreage in the Illinois Basin provides a resource advantage.
  • Specialized expertise: Focus on coalbed methane extraction provides specialized knowledge.
  • Established infrastructure: Existing wells and pipelines provide a foundation for future growth.

What Does BPIGF Do?

Founded in 1980 and headquartered in Solon, Ohio, BPI Energy Holdings, Inc., through its subsidiary BPI Energy, Inc., is an energy company focused on coalbed methane (CBM) properties. The company's primary business involves the acquisition, exploration, development, production, and sale of CBM in the United States. Its primary asset is its significant land position in the Illinois Basin, where it owns approximately 500,000 acres of CBM rights. These holdings are further divided into projects including the Southern Illinois Basin project (approximately 10,000 acres), the Northern Illinois Basin project (353,531 acres), and the Western Illinois Basin project (135,948 acres). As of July 31, 2007, BPI Energy Holdings reported total estimated proved developed and undeveloped reserves of 16,274 million cubic feet. The company operates exclusively in the United States and is traded on the OTC market, indicating a smaller market capitalization and potentially lower liquidity compared to companies listed on major exchanges. The company's focus on CBM positions it within a niche segment of the broader oil and gas industry, with specific technological and regulatory considerations.

What Products and Services Does BPIGF Offer?

  • Acquires coalbed methane (CBM) properties.
  • Explores CBM properties for potential reserves.
  • Develops CBM properties for production.
  • Produces coalbed methane gas.
  • Sells coalbed methane gas to end users or distributors.
  • Manages approximately 500,000 acres of CBM rights in the Illinois Basin.

How Does BPIGF Make Money?

  • Acquire rights to coalbed methane properties.
  • Explore and develop these properties to extract natural gas.
  • Sell the extracted natural gas to generate revenue.
  • Manage and maintain existing CBM production facilities.

What Industry Does BPIGF Operate In?

BPI Energy Holdings, Inc. operates within the oil and gas exploration and production industry, specifically focusing on coalbed methane (CBM). The industry is characterized by fluctuating commodity prices, technological advancements in extraction, and evolving environmental regulations. The competitive landscape includes both major integrated oil companies and smaller, specialized firms. BPI Energy's position as a small-cap, OTC-listed company focusing on CBM in the Illinois Basin places it in a niche segment, requiring efficient operations and strategic partnerships to compete effectively. The broader energy industry is undergoing a transition towards renewable sources, creating both challenges and opportunities for companies like BPI Energy.

Who Are BPIGF's Key Customers?

  • Natural gas distributors.
  • Industrial consumers of natural gas.
  • Commercial consumers of natural gas.
  • Potential future residential consumers of natural gas.
Model self-rating on this text: 69% (not a measure of the evidence) Updated: Mar 17, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● No usable price
  • ● No filing on record
  • ● No analyst coverage

Company Profile

BPI Energy Holdings, Inc operates in the Oil & Gas Exploration & Production industry within the Energy sector. It is headquartered in Solon, US. The company is led by CEO Matthew J. Dennis. BPIGF has traded publicly since 2004.

ROE -71%

Key Financial Metrics

Return on equity for BPI Energy Holdings, Inc stands at -71.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -54.7%, showing how much profit it generates from its asset base. A current ratio of 0.09 means current liabilities exceed short-term assets, a liquidity point worth watching.

F-Score 4/9

Financial Health

BPI Energy Holdings, Inc's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -5.35 places it in the distress zone, a signal of elevated financial risk.

BPIGF Financials

Fundamental Snapshot

Return on Equity (TTM)
-71.3%
Current Ratio
0.1
EV/EBITDA (TTM)
5.9

Based on FMP financials and quantitative analysis

BPIGF Latest News

BPIGF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for BPIGF.

Price Targets

Wall Street price target analysis for BPIGF.

BPIGF MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for BPIGF; grades run from A+ (80-100) to F (below 30).

Leadership: Matthew J. Dennis

Unknown

Information regarding Matthew J. Further research would be required to determine his career history, education, and previous roles.

Track Record: Information regarding Matthew J. Dennis's track record is not available in the provided data. Further research would be required to determine key achievements, strategic decisions, and company milestones under his leadership.

BPIGF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that BPI Energy Holdings, Inc. may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may not provide regular financial reporting, increasing the risk for investors compared to companies listed on major exchanges like the NYSE or NASDAQ. This tier is also known for having the least regulation and oversight.

  • OTC Tier: OTC Other
Liquidity: Liquidity assessment for BPIGF is challenging due to its OTC Other listing. Trading volume is likely to be low, resulting in wide bid-ask spreads. This can make it difficult to buy or sell shares quickly and at desired prices. Investors should be prepared for potential price volatility and limited trading opportunities.
OTC Risk Factors:
  • Limited financial disclosure increases information asymmetry.
  • Low trading volume can lead to price manipulation.
  • OTC Other listing indicates potential financial instability.
  • Lack of regulatory oversight increases the risk of fraud.
  • Volatility due to speculative trading.
Due Diligence Checklist:
  • Verify the company's financial statements through independent sources.
  • Research the background and experience of the management team.
  • Assess the company's assets and liabilities.
  • Understand the company's business model and competitive landscape.
  • Evaluate the company's legal and regulatory compliance.
  • Monitor news and filings for any red flags.
  • Consult with a financial advisor before investing.
Legitimacy Signals:
  • Operating history since 1980 suggests some level of stability.
  • Ownership of significant land holdings in the Illinois Basin.
  • Focus on coalbed methane extraction provides a specific business focus.
  • Existence of a subsidiary, BPI Energy, Inc., suggests operational structure.
  • Headquarters located in Solon, Ohio, provides a physical presence.

Common Questions About BPIGF (Energy)

What do analysts say about BPIGF stock?

As a thinly traded OTC stock, BPIGF is unlikely to have formal analyst coverage. Investment decisions should be based on individual due diligence, considering factors like the company's financial performance, asset base, and the outlook for coalbed methane production. The lack of analyst coverage underscores the higher risk associated with this investment.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Financial data is limited and may be outdated.
  • OTC market investments carry higher risk.
  • Information on CEO background is unavailable.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis