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TX Holdings Inc. (TXHG) news stock charts

TX Holdings Inc. (TXHG/TXHG.OB) Investment Summary:

TX Holdings, Inc., an oil and gas production company, engages in the acquisition of producing and non-producing shallow, low risk oil and gas leases in the Abilene area of West Texas. It primarily focuses on the acquisitions in the Eastland and Callahan County regions of West Texas, which is located between Fort Worth and Midland. The company is headquartered in Ashland, Kentucky.
www.txholdings.com
3 Employees
Founded in 2000

TX HOLDINGS INC (TXHG:OTC Bulletin Board Market)

LAST $0.07 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of TX HOLDINGS INC (TXHG)

OPEN
$0.07
PREVIOUS CLOSE
$0.07
DAY HIGH
$0.07
DAY LOW
$0.07
52 WEEK HIGH
07/23/09 - $0.16
52 WEEK LOW
03/23/09 - $0.04
MARKET CAP
3.4M
AVERAGE VOLUME 10 D
29.7K
EPS TTM
$-0.04
SHARES OUTSTANDING
51.2M
TXHG Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for TX HOLDINGS INC (TXHG)

TX Holdings Inc. Announces Auditor Change

On February 2, 2010, TX Holdings Inc.'s board of directors terminated the engagement of Ham, Langston & Brezina, LLP as the independent registered public accounting firm and on February 8, 2010 engaged Turner, Stone & Company LLP as the new independent registered public accounting firm to audit TX Holdings Inc's financial statements for the year ended September 30, 2010.

TX Holdings Inc. announced delayed annual 10-K filing

On 12/30/2009, TX Holdings Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

TX Mulls Acquisitions

TX Holdings, Inc. announced its current corporate operations update and outlook for the future. The company stated that it is discussions with several significant acquisition opportunities to increase shareholder value. The company stated: It is TX Holdings' continued objective to develop the fields that the Company currently has working interests in while continuing its research for additional prospects which meet the profile that management has identified. The Company's ongoing commitment to increase shareholder value through merger and acquisitions and joint venture opportunities has resulted in discussions with several significant acquisition candidates that could provide TX Holdings with exponential growth and positive outlook for 2010.

TX Holdings Inc. financial resources

otc, otcbb, pinksheet, TXHG, ob TX Holdings Inc.

TXHG Competitors

Company Last Change
No competitor information is available for TXHG.
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Industry Analysis

Valuation TXHG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 241.1x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 147.0x

TXHG

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TXHG transactions

Type
Date
Target
No transactions in the last 6 months.

More Recent Financial News About TX Holdings Inc.

TX Holdings, Inc. Provides Corporate and Operations Update

Quote: TXHGNews), an oil and gas operator and exploration company, announces its current corporate operations update and outlook for the future.TX Holdings' objective is to develop oil and gas fields. In the Texas area the Company has acquired working interests on two (2) leases with significant recoverable reserves that were under developed in the 1970s due to oversight and antiquated extraction methods used during the original development of the wells at that time. Most of these reserves are now acce...
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TX Holdings, Inc. Issues Clarification and Correction to Release Issued December 21st, 2009

Quote: TXHGNews), an oil and gas operator and exploration company announces that it would like to clarify and correct a description of the Company's 320-acre Parks Lease located in Callahan County, Texas.On December 21st, 2009 the Company stated the following, "The reserve report on the Parks Lease provided to the Company by W.A. Alexander, Jr. indicates seven (7) million barrels of recoverable oil."The report provided by W.A. Alexander, Jr. dated July 2007, indicates Proved Reserves for the Parks leas...
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TX Holdings, Inc. Issues Clarification and Correction to Release Issued December 21st, 2009

Quote: TXHGNews), an oil and gas operator and exploration company announces that it would like to clarify and correct a description of the Company's 320-acre Parks Lease located in Callahan County, Texas.On December 21st, 2009 the Company stated the following, "The reserve report on the Parks Lease provided to the Company by W.A. Alexander, Jr. indicates seven (7) million barrels of recoverable oil."The report provided by W.A. Alexander, Jr. dated July 2007, indicates Proved Reserves for the Parks leas...
Read article

TX Holdings, Inc. Provides Corporate and Operations Update

Quote: TXHGNews), an oil and gas operator and exploration company, announces its current corporate operations update and outlook for the future.TX Holdings' objective is to develop oil and gas fields. In the Texas area the Company has acquired working interests on two (2) leases with significant recoverable reserves that were under developed in the 1970s due to oversight and antiquated extraction methods used during the original development of the wells at that time. Most of these reserves are now acce...
Read article

TX HOLDINGS, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits

Quote: Item 5.02 Appointment of Principal Officers On June 11, 2009, Rob Hutchings resigned effective immediately as President of TX Holdings, Inc. but will remain on in his position on the board as Director. Upon receipt of Mr. Hutchings resignation, Richard "Rick" Novack, a long time shareholder of the Company, was appointed as President.Rob Hutchings maintaining the Director position will help to allow a seamless transition for the Company. Richard "Rick" Novack, age 50, is a gr...
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TX HOLDINGS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement

Quote: TX HOLDINGS, INC.Request a Trial to NEW EDGAR Online Pro Form 8-K for TX HOLDINGS, INC. 11-Mar-2009Entry into a Material Definitive AgreementPrivacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, o...
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