Petrogress Inc. Stock Analysis PGAS

Petrogress, Inc. is an integrated energy company, engaged in the downstream and midstream sectors of the energy industry. The company is headquartered in Peiraias, Attiki. The company went IPO on 2014-08-01. The Company, along with its subsidiaries, is engaged in international trading and shipping business. The firm is engaged in exploring the potential for acquiring or purchasing or leasing newly built liquefied natural gas (LNG) vessels in the United States to be used for the supply and sea freight of the United States LNG exports. The firm's subsidiary, Petrogres Co. Ltd. (Petrogres), operates as an oil commodity company in West Africa. Its other subsidiaries are Petronav Carriers LLC (Petronav) and Petrogress Oil & Gas Energy Inc. (Petrogress Energy). Petronav focuses on primarily managing the day-to-day operation and handling of the tanker fleet it manages. Petrogress Energy is primarily focused on investigating the feasibility of acquiring oil fields in Texas so that the Company can expand its operations into the LNG market within the United States market.