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Home > Company Index > Real Estate > Property Investment & Management > Wilshire Oil Company of Texas

Wilshire Oil Company of Texas
AMEX: WOC
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 PROFILE
The activities of Wilshire Oil Company of Texas include oil and gas exploration and production, but despite the company's name, more than 60% of its sales are generated by its real estate investments. They consist of apartment complexes with about 1,600 units and office, retail, and other buildings with over 220,000 sq. ft. of space; about half of its real estate portfolio is in Arizona. Wilshire Oil owns interests in more than 1,100 oil and gas wells in the US and Canada and has proven reserves of about 2 million barrels of oil and more than 38 million cu. ft. of natural gas. The company sells oil and gas to refineries and pipeline companies at the wellhead.

 COMPETITION
American Realty Investors, Inc. (ARL)
Cabot Oil & Gas Corporation (COG)
Koger Equity, Inc. (KE)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 20.70
1-Yr. Sales Growth: 17.0%
Employees: 15
Revenue per employee: $1,380,000.00

 KEY PEOPLE
• S. Wilzig Izak
    CEO
• S. Wilzig Izak
    CFO

 CONTACT INFO
921 Bergen Ave.
Jersey City, NJ 07306
US
Phone: 201-420-2796
Fax: 201-420-2804

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