New Source Energy Partners L.P. (NSLPQ)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
New Source Energy Partners L.P. (NSLPQ) with AI Score 60/100 (Hold). New Source Energy Partners L. P. was an oil and gas company focused on acquiring, developing, and producing properties in the United States. Market cap: 0, Sector: Energy.
Last analyzed: Mar 17, 2026New Source Energy Partners L.P. (NSLPQ) Energy Operations & Outlook
New Source Energy Partners L.P. (NSLPQ), now in liquidation, focused on oil and natural gas properties in the U.S., operating through exploration & production and oilfield services segments. The company's operations were primarily in east-central Oklahoma before its bankruptcy filing in 2016.
Investment Thesis
Given New Source Energy Partners L.P.'s Chapter 7 liquidation filing in 2016, an investment thesis is not applicable as the company is no longer operational. Prior to the bankruptcy, potential value drivers included the company's proved reserves of 16.3 MMBoe and its acreage in east-central Oklahoma. However, the company's negative profit margin of -25.5% and high beta of 9.95 indicated significant financial instability. The absence of a dividend yield further underscored the risks associated with the investment. Any investment consideration would have needed to account for the volatile nature of oil and gas prices and the company's ability to manage its operational costs effectively.
Based on FMP financials and quantitative analysis
Key Highlights
- As of December 31, 2014, New Source Energy Partners L.P. had 145,919 gross acres in east-central Oklahoma, indicating a substantial land position for oil and gas exploration.
- The company reported proved reserves of approximately 16.3 MMBoe as of December 31, 2014, representing its potential for future production.
- New Source Energy Partners L.P. operated with a negative profit margin of -25.5%, reflecting challenges in profitability.
- The company's gross margin was 19.0%, indicating the percentage of revenue exceeding the cost of goods sold before operating expenses.
- New Source Energy Partners L.P. had a beta of 9.95, suggesting high volatility relative to the market.
Competitors & Peers
Strengths
- Not applicable due to Chapter 7 liquidation.
Weaknesses
- Not applicable due to Chapter 7 liquidation.
Catalysts
- Not applicable due to Chapter 7 liquidation.
Risks
- Ongoing: Chapter 7 liquidation proceedings may result in no recovery for equity holders.
- Ongoing: Lack of operational activity since the bankruptcy filing.
- Potential: Legal and regulatory risks associated with the bankruptcy process.
- Potential: Delisting from the OTC market.
Growth Opportunities
- Not applicable due to Chapter 7 liquidation.
- Not applicable due to Chapter 7 liquidation.
- Not applicable due to Chapter 7 liquidation.
- Not applicable due to Chapter 7 liquidation.
- Not applicable due to Chapter 7 liquidation.
Opportunities
- Not applicable due to Chapter 7 liquidation.
Threats
- Not applicable due to Chapter 7 liquidation.
Competitive Advantages
- Not applicable due to Chapter 7 liquidation.
About NSLPQ
Founded in 2012 and headquartered in Oklahoma City, New Source Energy Partners L.P. was engaged in the acquisition, ownership, development, and production of oil and natural gas properties within the United States. The company operated through two primary segments: Exploration and Production, and Oilfield Services. Its Exploration and Production segment focused on extracting resources from its holdings, which, as of December 31, 2014, included 145,919 gross acres in the Golden Lane, Luther, and Southern Dome fields in east-central Oklahoma. The company also reported 83 gross proved undeveloped drilling locations at that time and had proved reserves of approximately 16.3 MMBoe. In addition to its exploration and production activities, New Source Energy Partners L.P. offered oilfield services, providing wellsite support during the critical drilling and completion phases. These services included blowout prevention, surface valve maintenance, and flowback services tailored for both horizontal and vertical wells. The company's services catered to oil, natural gas, and NGL production regions across North America. New Source Energy GP, LLC acted as the general partner for New Source Energy Partners L.P. However, the company's operations faced significant financial challenges, leading New Source Energy Partners L.P. and its affiliate to file a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the District of Delaware on March 15, 2016. This marked the end of the company's active operations.
What They Do
- Acquired, owned, and developed oil and natural gas properties.
- Produced oil and natural gas from its properties.
- Operated in the Exploration and Production segment.
- Offered oilfield services including wellsite services.
- Provided blowout prevention services.
- Provided surface valve and flowback services for horizontal and vertical wells.
Business Model
- Generated revenue through the sale of oil and natural gas produced from its properties.
- Earned fees by providing oilfield services to other companies.
- Focused on acquiring and developing properties with proven reserves.
Industry Context
New Source Energy Partners L.P. operated within the oil and gas exploration and production industry, a sector characterized by cyclical commodity prices and high capital expenditure requirements. The industry is heavily influenced by global supply and demand dynamics, geopolitical events, and technological advancements in extraction techniques. Competition is intense, with companies ranging from large integrated players to smaller independent operators. New Source Energy Partners L.P.'s bankruptcy filing reflects the challenges faced by smaller companies in managing debt and maintaining profitability in a volatile market environment. The company's liquidation occurred during a period of fluctuating oil prices, which significantly impacted the financial viability of many oil and gas producers.
Key Customers
- Oil and natural gas purchasers.
- Companies requiring oilfield services.
- Refineries and processing plants.
Financials
Chart & Info
New Source Energy Partners L.P. (NSLPQ) stock price: Price data unavailable
Latest News
No recent news available for NSLPQ.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NSLPQ.
Price Targets
Wall Street price target analysis for NSLPQ.
MoonshotScore
What does this score mean?
The MoonshotScore rates NSLPQ's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Kristian Kos
Unknown
Information on Kristian Kos's background is limited. As the managing leader of New Source Energy Partners L.P., he was responsible for overseeing the company's operations and strategic direction, including the management of 412 employees. Further details regarding his career history, education, and previous roles are not available in the provided data.
Track Record: Due to the company's bankruptcy and limited available information, specific achievements and strategic decisions under Kristian Kos's leadership are not readily ascertainable. The company's Chapter 7 liquidation in 2016 marked a significant event during his tenure, reflecting the financial challenges faced by New Source Energy Partners L.P.
NSLPQ OTC Market Information
The OTC Other tier, where New Source Energy Partners L.P. traded, represents the lowest tier of the OTC market. Companies in this tier often do not meet the minimum financial standards required for listing on major exchanges like the NYSE or NASDAQ. These companies may be distressed, in bankruptcy, or unwilling to provide audited financial statements. Unlike NYSE/NASDAQ listings, OTC Other stocks have minimal listing requirements, resulting in higher risks for investors due to potential lack of transparency and regulatory oversight.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited or no financial disclosure.
- High potential for fraud or manipulation.
- Low trading volume and liquidity.
- Lack of regulatory oversight.
- Potential for delisting and loss of investment.
- Verify the company's legal status and registration.
- Attempt to locate and review any available financial statements.
- Assess the company's management team and their track record.
- Research any news or legal filings related to the company.
- Understand the risks associated with investing in OTC Other stocks.
- Consult with a financial advisor before investing.
- Determine if the company is still actively operating despite the bankruptcy filing.
- Presence of a physical headquarters in Oklahoma City.
- Historical operations in the oil and gas sector.
- Previous filings with the SEC (prior to delisting and bankruptcy).
NSLPQ Energy Stock FAQ
What does New Source Energy Partners L.P. do?
New Source Energy Partners L.P. was an oil and gas company that focused on acquiring, developing, and producing oil and natural gas properties in the United States. It operated through two segments: Exploration and Production, and Oilfield Services. The company's Exploration and Production segment focused on extracting resources from its holdings in east-central Oklahoma. The Oilfield Services segment provided wellsite support during the drilling and completion phases. However, the company filed for Chapter 7 liquidation in 2016 and is no longer operational.
What do analysts say about NSLPQ stock?
Given that New Source Energy Partners L.P. filed for Chapter 7 liquidation in 2016 and is no longer actively traded, there is no current analyst coverage or consensus on the stock. Prior to the bankruptcy, any analysis would have focused on the company's proved reserves, production levels, and ability to manage costs in a volatile commodity price environment. The company's negative profit margin and high beta would have been key considerations for investors.
What are the main risks for NSLPQ?
The primary risk associated with New Source Energy Partners L.P. is its Chapter 7 liquidation status. This means that the company's assets are being liquidated to pay off creditors, and there is a high likelihood that equity holders will receive little to no recovery. Additional risks include the lack of operational activity, potential legal and regulatory issues related to the bankruptcy process, and the delisting of the stock from the OTC market. Investing in a company undergoing liquidation is highly speculative and carries a significant risk of loss.
What are the key factors to evaluate for NSLPQ?
New Source Energy Partners L.P. (NSLPQ) currently holds an AI score of 60/100, indicating moderate score. Key strength: Not applicable due to Chapter 7 liquidation.. Primary risk to monitor: Ongoing: Chapter 7 liquidation proceedings may result in no recovery for equity holders.. This is not financial advice.
How frequently does NSLPQ data refresh on this page?
NSLPQ prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven NSLPQ's recent stock price performance?
Recent price movement in New Source Energy Partners L.P. (NSLPQ) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Not applicable due to Chapter 7 liquidation.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider NSLPQ overvalued or undervalued right now?
Determining whether New Source Energy Partners L.P. (NSLPQ) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying NSLPQ?
Before investing in New Source Energy Partners L.P. (NSLPQ), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
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
Data provided for informational purposes only.
- Information is based on historical data prior to the company's bankruptcy filing in 2016.
- The company is no longer operational, and any investment consideration is not applicable.