Company DescriptionDoral Energy (DORL) is a diversified energy company primarily engaged in the exploration, production, and distribution of oil and natural gas. Operating across several key regions, Doral Energy focuses on developing sustainable energy solutions and leveraging advanced technologies to enhance efficiency and reduce environmental impact. The company's core services include exploration and drilling, energy production, and the provision of energy-related products and services to a broad range of clients, including commercial, industrial, and residential sectors.
How the Company Makes MoneyDoral Energy makes money through the extraction and sale of oil and natural gas. Its primary revenue streams include the sale of crude oil and natural gas to refineries, utilities, and other industrial clients. The company also generates income through long-term contracts with customers, ensuring stable cash flow. Additionally, Doral Energy may engage in joint ventures and partnerships to expand its exploration and production capabilities, benefiting from shared resources and expertise. Revenue is further supplemented by the sale of by-products and energy-related services. Market factors, such as fluctuating energy prices and regulatory changes, can significantly impact the company's earnings.