About Formation Minerals, Inc.
Sector
Industry
CEO
Scott A. Cox
Headquarters
Jacksboro
Founded
2020
ISIN
US81726B1089
FIGI
BBG01BVS5L97
Formation Minerals, Inc. is a pure play oil and gas company. The firm engages in acquiring and managing oil and gas minerals and royalties in the premier U.S. basins. It currently owns producing mineral, royalty, and over-riding royalty interests in the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma. The company was founded on September 9, 2020 and is headquartered in Jacksboro, TX.
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An aggregate view of professional's ratings.
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Frequently Asked Questions
The current price of FOMI is 0.0002 USD — it has decreased by −99.00% in the past 24 hours. Watch Formation Minerals, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on OTC exchange Formation Minerals, Inc. stocks are traded under the ticker FOMI.
FOMI stock has fallen by −99.00% compared to the previous week, the month change is a −99.20% fall, over the last year Formation Minerals, Inc. has showed a −99.60% decrease.
FOMI reached its all-time high on Apr 5, 2023 with the price of 0.7500 USD, and its all-time low was 0.0002 USD and was reached on Apr 10, 2025. View more price dynamics on FOMI chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
FOMI stock is 9.90 K% volatile and has beta coefficient of 119.62. Track Formation Minerals, Inc. stock price on the chart and check out the list of the most volatile stocks — is Formation Minerals, Inc. there?
Yes, you can track Formation Minerals, Inc. financials in yearly and quarterly reports right on TradingView.
No, FOMI doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, FOMI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Formation Minerals, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Formation Minerals, Inc. technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Formation Minerals, Inc. stock shows the strong sell signal. See more of Formation Minerals, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.