Index Oil and Gas Inc. (IXOG) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 2.37: the stock has moved about 137% more than the S&P 500.
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 AnswerIndex Oil and Gas Inc. (IXOG) trades at $0.0007. Index Oil and Gas Inc. is an energy company focused on the acquisition, exploration, and production of oil and gas properties. Sector: Energy.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for IXOG: IXOG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Index Oil and Gas Inc. (IXOG) Energy Operations & Outlook
Index Oil and Gas Inc., now in liquidation after filing for Chapter 7 bankruptcy in 2010, formerly engaged in the acquisition, exploration, and production of oil and gas properties across Kansas, Louisiana, and Texas. The company's operations ceased following its bankruptcy filing.
What Is the Investment Thesis for IXOG?
Given that Index Oil and Gas Inc. filed for Chapter 7 bankruptcy in 2010 and is currently in liquidation, there is no viable investment thesis. The company's assets are being liquidated, and there is no ongoing business operation. Any potential value would depend on the liquidation process and the distribution of assets to creditors. The company's negative profit margin of -331.5% and lack of dividend further underscore the absence of investment potential. The high beta of 2.37 indicates high volatility, which is irrelevant in the context of liquidation. Investors should be aware that investing in a company undergoing liquidation carries significant risks.
Based on FMP financials and quantitative analysis
IXOG Key Highlights
Filed for Chapter 7 bankruptcy liquidation on November 17, 2010.
- Estimated total proved oil and gas reserves were 87.703 thousand barrels of oil equivalent as of March 31, 2009.
- Negative profit margin of -331.5% indicates significant losses.
- Gross margin of 75.1% prior to bankruptcy suggests potential profitability under different circumstances.
- Beta of 2.37 indicates high volatility, though this is less relevant given the company's liquidation status.
Who Are IXOG's Competitors?
IXOG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| COP ConocoPhillips | $126.75 | -0.24% | $154B | 83 5-pillar |
| CNQ Canadian Natural Resources Limited | $48.44 | +1.36% | $101B | 89 5-pillar |
| EOG EOG Resources, Inc. | $141.38 | +0.05% | $75.3B | 94 5-pillar |
| OXY Occidental Petroleum Corporation | $58.08 | +0.41% | $57.8B | 80 5-pillar |
| DVN Devon Energy Corporation | $47.65 | +1.04% | $52.4B | 65 5-pillar |
| FANG Diamondback Energy, Inc. | $184.71 | -0.43% | $52.0B | 65 5-pillar |
| WDS Woodside Energy Group Ltd | $21.79 | -0.05% | $41.3B | 65 5-pillar |
| EQT EQT Corporation | $50.17 | +0.16% | $31.4B | 79 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are IXOG's Key Strengths?
The company is in liquidation.
- Historically, the company had proven oil and gas reserves.
- Prior experience in Kansas, Louisiana, and Texas.
What Are IXOG's Weaknesses?
Bankruptcy and liquidation status.
- High debt levels prior to bankruptcy.
- Negative profit margins.
What Are the Key Risks for IXOG?
Financial-distress signal — its Altman Z-Score of -0.69 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-89.6%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Liquidation process may result in minimal or no returns for shareholders.
- Legal and administrative costs associated with liquidation can further reduce asset value.
- Delays in the liquidation process could prolong uncertainty and reduce potential recoveries.
What Threats Does IXOG Face?
- Liquidation process may not recover full asset value.
- Creditors may have priority over shareholders.
- Legal and regulatory challenges during liquidation.
What Are IXOG's Competitive Advantages?
- N/A: Given the company's liquidation status, there is no current competitive advantage or economic moat.
- Historically, access to specific geographic regions (Kansas, Louisiana, Texas) provided some localized advantage.
- Proven oil and gas reserves represented a potential asset base, but this is now subject to liquidation.
What Does IXOG Do?
Index Oil and Gas Inc. was founded in 2003 and headquartered in Houston, Texas. The company focused on the acquisition, exploration, appraisal, development, production, and sale of oil and gas properties. Its primary areas of operation included Kansas, Louisiana, and Texas. Index Oil and Gas aimed to build a portfolio of producing assets and explore new opportunities within the oil and gas sector. As of March 31, 2009, the company reported estimated total proved oil and gas reserves of approximately 87.703 thousand barrels of oil equivalent, comprising 20.967 thousand barrels of oil and 400.414 million cubic feet of natural gas. The company sought to increase its reserves through strategic acquisitions and successful exploration activities. However, on November 17, 2010, Index Oil and Gas Inc. filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the Southern District of Texas, ceasing its operations and entering liquidation.
What Products and Services Does IXOG Offer?
- Acquired oil and gas properties
- Explored for new oil and gas reserves
- Appraised existing oil and gas fields
- Developed oil and gas production facilities
- Produced oil and gas
- Sold oil and gas
How Does IXOG Make Money?
- Acquired oil and gas leases and properties.
- Explored and developed these properties to extract oil and gas.
- Sold the produced oil and gas to generate revenue.
What Industry Does IXOG Operate In?
The oil and gas exploration and production industry is characterized by high capital expenditures, fluctuating commodity prices, and regulatory complexities. Companies in this sector face risks related to exploration success, production costs, and environmental regulations. The competitive landscape includes both large integrated oil companies and smaller independent operators. Index Oil and Gas Inc., prior to its bankruptcy, operated as a smaller independent player, focusing on specific regions within the United States. The industry is also subject to global economic conditions and geopolitical events that can significantly impact oil and gas prices.
Who Are IXOG's Key Customers?
- Oil and gas purchasers
- Refineries
- Wholesale energy distributors
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
Financial Health
Index Oil and Gas Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -0.69 places it in the distress zone, a signal of elevated financial risk.
Key Financial Metrics
Return on equity for Index Oil and Gas Inc. stands at -89.6%, a gauge of how efficiently it converts shareholder capital into profit. A current ratio of 0.64 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
Index Oil and Gas Inc. operates in the Oil & Gas Exploration & Production industry within the Energy sector. It is headquartered in Houston, US. The company is led by CEO Lyndon West. IXOG has traded publicly since 2006.
IXOG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- N/A: The company is in liquidation.
- Historically, the company had proven oil and gas reserves.
- Prior experience in Kansas, Louisiana, and Texas.
- N/A: Given the company's liquidation status, there are no catalysts.
Bear Case
- Bankruptcy and liquidation status.
- High debt levels prior to bankruptcy.
- Negative profit margins.
- Ongoing: Liquidation process may result in minimal or no returns for shareholders.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
IXOG Latest News
No recent news available for IXOG.
IXOG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for IXOG.
Price Targets
Wall Street price target analysis for IXOG.
IXOG MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for IXOG; grades run from A+ (80-100) to F (below 30).
IXOG OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, encompassing companies that may not meet the minimum financial standards or have chosen not to provide current disclosures to OTC Markets Group. Companies in this tier may be distressed, in bankruptcy, or unwilling to provide adequate information to investors. Investing in companies on the OTC Other tier carries significant risks due to the limited information available and the potential for fraud or manipulation. These securities are often considered highly speculative.
- OTC Tier: OTC Other
- Limited or no financial disclosure.
- High risk of fraud or manipulation.
- Low liquidity and wide bid-ask spreads.
- Potential for delisting or suspension of trading.
- Distressed financial condition or bankruptcy.
- Verify the company's legal status and registration.
- Review any available financial statements or disclosures.
- Assess the company's management team and their track record.
- Research the company's business model and industry.
- Consult with a financial advisor before investing.
- Understand the risks associated with OTC Other tier securities.
- Check for any regulatory actions or legal proceedings.
- N/A: Given the company's liquidation status and lack of disclosure, there are no clear legitimacy signals.
- Historically, the company's SEC filings (prior to bankruptcy) provided some level of transparency.
- Independent audits (if available) could provide some assurance, but current information is lacking.
What Investors Ask About Index Oil and Gas Inc. (IXOG) — Energy
What do analysts say about IXOG stock?
Given that Index Oil and Gas Inc. is in liquidation, there are no current analyst ratings or price targets for the stock. The stock is traded on the OTC Other tier, which is associated with high risk and limited liquidity.
What are the main risks for IXOG?
The primary risk for Index Oil and Gas Inc. is its liquidation status. Shareholders may receive little to no return on their investment as the company's assets are sold off to satisfy creditors.
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
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Information is based on historical data and the company's bankruptcy filing. The company is currently in liquidation, and the information may not be current.