Norstra Energy, Inc. is an oil and gas exploration company primarily focused on the development of its assets in the North Dakota region, particularly in the Bakken formation. The company has faced significant operational challenges, reflected in its negative margins and high debt levels, which hinder its competitive position in the volatile energy sector.
EnergyOil & Gas Exploration & Productionlow - the company has high fixed costs associated with its debt and operational infrastructure, limiting its ability to benefit from increased production.