Formation Minerals, Inc. engages in the acquisitions and development of oil and gas mineral. It owns royalty interests and holds a non-operated working interest in the oil and gas operations in the United States. The company is based in Jacksboro, Texas.
Formation Minerals reported revenue of $1,146 for fiscal year 2024, down 74.1% from fiscal year 2023, and net income of -$1.68 million. In Q3 2025 (the quarter ended January 31, 2025) revenue was $65,195. Its market capitalization was $10,003 as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended April 30, 2024; market data as of October 9, 2026.
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