Norris Industries, Inc. (NRIS) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Norris Industries, Inc. (NRIS) trades at $0.1477 with AI Score 42/100 (Grade C). Norris Industries, Inc. focuses on the acquisition, exploration, and development of crude oil and natural gas properties, primarily in Texas. Market cap: $16.0M, Sector: Energy.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for NRIS: NRIS does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NRIS against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
NRIS: 1/3 scored disciplines lean bearish. Dominant signal: Ken Griffin bearish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Norris Industries, Inc. (NRIS) Energy Operations & Outlook
Norris Industries, Inc., an OTC-listed energy company, focuses on crude oil and natural gas exploration and development in Texas. With a small market capitalization and negative profitability, the company's operations are concentrated in the Ellenberger formation and other Texas counties, presenting a speculative investment profile within the oil and gas sector.
What Is the Investment Thesis for NRIS?
Norris Industries, Inc. presents a speculative investment opportunity characterized by high risk and potentially high reward. As of 2026-03-17, the company's negative P/E ratio of -25.31 and a negative profit margin of -197.4% indicate significant financial challenges. The company's small market capitalization of $16.0M and OTC listing further contribute to the risk profile. However, potential catalysts include successful exploration and development of its Texas properties, which could lead to increased production and revenue. The company's limited proved reserves, as of March 1, 2022, suggest substantial upside potential if exploration efforts are successful. Investors should carefully consider the company's financial position, operational risks, and the volatile nature of the oil and gas industry.
Based on FMP financials and quantitative analysis
NRIS Key Highlights
Market capitalization of $16.0M, classifying it as a micro-cap company.
- Negative P/E ratio of -25.31, indicating current losses.
- Profit margin of -197.4%, reflecting significant operational challenges.
- Gross margin of -64.4%, highlighting cost management issues.
- Beta of -0.55, suggesting a negative correlation with the overall market.
Who Are NRIS's Competitors?
NRIS is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CNUCF Canuc Resources Corporation | $0.63 | +5.07% | $18.4M | 39 |
| EEENF 88 Energy Limited | $0.01 | -2.65% | $19.6M | 48 |
| ENGT Energy & Technology, Corp. | $0.09 | +0.00% | $14.9M | 47 |
| GXRFF Prospera Energy Inc. | $0.03 | +3.57% | $16.0M | — |
| HEEVF Helium Evolution Incorporated | $0.17 | +6.85% | $17.1M | 48 |
| MXC Mexco Energy Corporation | $9.87 | +8.34% | $20.2M | 72 |
| TTGXF Trans Canada Gold Corp. | $0.09 | -0.76% | $5.17M | 64 |
| VOC VOC Energy Trust | $3.36 | -0.59% | $57.1M | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NRIS's Key Strengths?
Strategic asset locations in established Texas oil and gas regions.
- Experienced management team with industry knowledge.
- Existing proved reserves providing a base for production.
- Small size allows for agility in responding to market changes.
What Are NRIS's Weaknesses?
Limited financial resources compared to larger competitors.
- Negative profitability and high debt levels.
- Concentration of operations in a single geographic region.
- Small proved reserves base.
What Could Drive NRIS Stock Higher?
NRIS catalyst: Successful exploration results from ongoing drilling activities could significantly increase the company's proved reserves and attract investor interest.
- Rising crude oil and natural gas prices could improve the company's profitability and cash flow.
- Potential acquisitions of additional oil and gas properties could expand the company's asset base and production capacity.
- Implementation of cost-cutting measures could improve the company's financial performance and attract investors.
- Securing partnerships or joint ventures with larger companies could provide access to capital and expertise.
What Are the Key Risks for NRIS?
Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Fluctuations in crude oil and natural gas prices could negatively impact the company's revenue and profitability.
- Increased regulatory scrutiny and environmental concerns could increase operating costs and limit exploration activities.
- Competition from larger, more established oil and gas companies could make it difficult to gain market share.
- Economic downturns or geopolitical events could reduce demand for oil and gas and negatively impact the company's performance.
- The company's OTC listing and small market capitalization increase the risk of price volatility and limited liquidity.
What Are the Growth Opportunities for NRIS?
- Expansion of Proven Reserves: Norris Industries has the opportunity to increase its proven reserves through successful exploration and development activities in its existing properties in Coleman, Jack, and Palo-Pinto Counties, Texas. The company's current reserves of 29 thousand barrels of oil and 150 million cubic feet of natural gas (as of March 1, 2022) represent a relatively small base, offering significant upside potential if exploration efforts are successful. Timeline: Ongoing.
- Strategic Acquisitions: Norris Industries could pursue strategic acquisitions of additional oil and gas properties in Texas to expand its asset base and production capacity. The fragmented nature of the oil and gas industry provides opportunities to acquire undervalued assets or companies. Successful acquisitions could lead to increased revenue and profitability. Timeline: Ongoing.
- Technological Advancements: Implementing advanced drilling and production technologies could improve the efficiency and productivity of Norris Industries' operations. Technologies such as hydraulic fracturing and enhanced oil recovery techniques can increase production rates and reduce operating costs. The adoption of these technologies could enhance the company's competitiveness. Timeline: Ongoing.
- Joint Ventures and Partnerships: Norris Industries could form joint ventures or partnerships with other oil and gas companies to share the costs and risks associated with exploration and development projects. Collaboration with larger, more established companies could provide access to capital, technology, and expertise. Timeline: Ongoing.
- Improved Operational Efficiency: Enhancing operational efficiency through cost reduction measures and improved resource management could improve Norris Industries' profitability. Streamlining operations, optimizing production processes, and reducing overhead expenses could lead to higher margins and improved financial performance. Timeline: Ongoing.
What Are NRIS's Competitive Advantages?
- Geographic Focus: Concentration in specific Texas formations allows for localized expertise.
- Established Asset Base: Existing oil and gas properties provide a foundation for future growth.
- Operational Experience: Management's experience in oil and gas exploration and production.
What Does NRIS Do?
Norris Industries, Inc., formerly known as International Western Petroleum, Inc., was incorporated in 2014 and rebranded in February 2018. Headquartered in Weatherford, Texas, the company is engaged in the acquisition, exploration, and development of crude oil and natural gas properties. Its primary focus is on properties located in the Ellenberger formation in Coleman County, as well as in Jack and Palo-Pinto Counties, Texas. As of March 1, 2022, Norris Industries reported total proved reserves of approximately 29 thousand barrels of oil and 150 million cubic feet of natural gas. The company operates with a small team, managed by Patrick L. Norris, and is positioned as a micro-cap player in the competitive oil and gas exploration and production industry. Norris Industries aims to capitalize on its Texas-based assets to generate value, although its financial performance reflects the challenges inherent in the exploration and production sector, particularly for smaller companies.
What Products and Services Does NRIS Offer?
- Acquires crude oil and natural gas properties.
- Explores for new oil and gas reserves.
- Develops existing oil and gas properties.
- Extracts crude oil and natural gas.
- Manages and operates oil and gas wells.
- Focuses on properties in Texas, specifically in the Ellenberger formation and Jack and Palo-Pinto Counties.
How Does NRIS Make Money?
- Acquires rights to oil and gas properties.
- Explores these properties to discover reserves.
- Develops the properties by drilling wells and installing production equipment.
- Sells the extracted crude oil and natural gas to generate revenue.
What Industry Does NRIS Operate In?
Norris Industries operates within the highly competitive oil and gas exploration and production industry. The industry is characterized by fluctuating commodity prices, technological advancements, and stringent regulatory requirements. Smaller companies like Norris Industries face challenges in competing with larger, more established players that have greater access to capital and resources. The market is influenced by global supply and demand dynamics, geopolitical events, and environmental concerns. Norris Industries' focus on Texas-based assets positions it within a region known for its oil and gas production, but also exposes it to regional economic and regulatory factors.
Who Are NRIS's Key Customers?
- Crude oil refineries
- Natural gas processing plants
- Wholesale energy distributors
Company Profile
Norris Industries, Inc. operates in the Oil & Gas Exploration & Production industry within the Energy sector. It is headquartered in Weatherford, US. The company is led by CEO Patrick L. Norris. NRIS has traded publicly since 2016.
Norris Industries, Inc. (NRIS) Valuation Context
Valued at $16.0M, NRIS is classified as a micro-cap stock. Relative to its peer group, NRIS's quantitative score of 42/100 is roughly in line with the peer average of 46/100.
Key Financial Metrics
Return on equity for Norris Industries, Inc. stands at 0.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.3%, showing how much profit it generates from its asset base. A current ratio of 0.30 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -4.7%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Norris Industries, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny.
NRIS Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2026
Bull Case vs Bear Case
Bull Case
- Strategic asset locations in established Texas oil and gas regions.
- Experienced management team with industry knowledge.
- Existing proved reserves providing a base for production.
- Small size allows for agility in responding to market changes.
Bear Case
- Limited financial resources compared to larger competitors.
- Negative profitability and high debt levels.
- Concentration of operations in a single geographic region.
- Small proved reserves base.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
NRIS Latest News
No recent news available for NRIS.
NRIS Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NRIS.
Price Targets
Wall Street price target analysis for NRIS.
NRIS MoonshotScore
What does this score mean?
The MoonshotScore rates NRIS 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Patrick L. Norris
CEO
Patrick L. Norris serves as the CEO of Norris Industries, Inc. His background includes experience in managing small teams within the oil and gas sector. His leadership is focused on guiding the company's strategic direction in acquiring, exploring, and developing crude oil and natural gas properties. He is responsible for overseeing all aspects of the company's operations, from exploration and production to financial management and investor relations. His expertise lies in identifying and capitalizing on opportunities within the Texas oil and gas market.
Track Record: Under Patrick L. Norris's leadership, Norris Industries has focused on developing its properties in the Ellenberger formation and other Texas counties. Key milestones include the company's name change in 2018 and ongoing efforts to increase production and reserves. His strategic decisions are centered on optimizing the company's asset base and improving operational efficiency. The company's ability to navigate the challenges of the oil and gas industry reflects his experience and leadership.
NRIS OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Norris Industries may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting and oversight, which increases the risk for investors. Trading on the OTC Other tier often involves greater price volatility and lower liquidity compared to stocks listed on major exchanges like the NYSE or NASDAQ. Investors should exercise caution and conduct thorough due diligence before investing in companies on this tier.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Low trading volume and liquidity.
- Potential for price manipulation.
- Higher risk of fraud or mismanagement.
- Limited regulatory oversight.
- Verify the company's legal standing and registration.
- Review available financial statements and disclosures.
- Assess the company's management team and their experience.
- Evaluate the company's business model and competitive position.
- Understand the risks associated with the OTC market and the company's specific industry.
- Consult with a qualified financial advisor.
- Check for any regulatory actions or legal issues.
- Company has been in operation since 2014.
- Focus on oil and gas properties in Texas, a known energy-producing region.
- Publicly traded, even on the OTC market.
- CEO is identified and has industry experience.
Common Questions About NRIS (Energy)
What does the AI Score mean for NRIS?
NRIS holds an AI Score of 42/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. Norris Industries, Inc. focuses on the acquisition, exploration, and development of crude oil and natural gas properties, primarily in Texas. As a small-cap company with operations concentrated …
What does Norris Industries, Inc. do?
Norris Industries, Inc. is an oil and gas exploration and production company focused on acquiring, exploring, and developing crude oil and natural gas properties in Texas. The company's operations are primarily concentrated in the Ellenberger formation in Coleman County, as well as Jack and Palo-Pinto Counties.
What do analysts say about NRIS stock?
As of 2026-03-17, there is no readily available analyst coverage for Norris Industries, Inc. due to its small market capitalization and OTC listing. Key valuation metrics, such as the negative P/E ratio and profit margin, reflect the company's current financial challenges. Growth considerations depend on the company's ability to increase its proved reserves and improve operational efficiency.
What are the main risks for NRIS?
Norris Industries faces several key risks, including fluctuations in crude oil and natural gas prices, which can significantly impact revenue and profitability. The company's small size and OTC listing contribute to price volatility and limited liquidity. Operational risks include the challenges of exploration and production, as well as potential environmental liabilities.
What are the key factors to evaluate for NRIS?
Norris Industries, Inc. (NRIS) holds an AI score of 42/100 (low). presents a speculative investment opportunity characterized by high risk and potentially high reward. Not financial advice.
How frequently does NRIS data refresh on this page?
NRIS's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven NRIS's recent stock price performance?
Norris Industries, Inc. (NRIS) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strategic asset locations in established Texas oil and gas regions. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NRIS overvalued or undervalued right now?
Norris Industries, Inc. (NRIS) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research NRIS before investing?
Before investing in Norris Industries, Inc. (NRIS), 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) analyst consensus ratings and 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.
- Financial data is based on the most recent available information.
- Analysis is based on publicly available information and may not reflect all factors relevant to the company's performance.