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Altex Industries, Inc. is a holding company focused on oil and gas investments through its subsidiary, Altex Oil Corporation. The company holds non-working interests in onshore properties in Utah and Wyoming, generating revenue primarily from oil and gas sales and interest income. With a market opportunity in the fluctuating energy sector, Altex aims to enhance cash flow through strategic asset sales and potential investments in producing wells.
This description was generated via AI from an annual report. Updated about 1 year ago.