What is Quarter?
Headquartered in Midland, Texas, Quarter operates as a specialized service provider within the Oil & Gas Exploration & Services industry. With a workforce ranging between 50 and 99 employees and annual revenues estimated between 10M and 25M, the company occupies a critical niche in the upstream energy supply chain. Its core competencies revolve around technical exploration support and field services, which are essential for maintaining production continuity for larger exploration and production firms. The company's business model is characterized by high-touch service delivery and a deep integration into the regional energy infrastructure, allowing it to maintain a competitive edge in a volatile commodity market.
How much funding has Quarter raised?
Quarter has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Quarter
PPP
Public-Private Partnership
What's next for Quarter?
With the successful closure of this late-stage funding, Quarter is poised to transition into a phase of accelerated operational scaling and technological integration. The strategic allocation of these funds will likely focus on enhancing exploration efficiency and upgrading field service capabilities to meet the evolving demands of the energy sector. As the company moves forward, stakeholders will be monitoring its ability to convert this capital into sustained revenue growth and improved market share. The focus remains on long-term value creation, ensuring that the firm remains a reliable partner for exploration entities while navigating the cyclical nature of the global energy market. Future growth will likely be driven by operational excellence and the strategic deployment of resources to capitalize on emerging opportunities in the Permian Basin.
See full Quarter company page
