MASHINIi

New Source Energy Partners L.P..

NSLP.US | Extraction of crude petroleum

New Source Energy Partners L.P. was an independent energy company focused on acquiring, developing, and operating producing oil and natural gas properties. The company's assets were primarily located in the Appalachian Basin of the United States. Their operations involved the extraction of crude pet...Show More

Ethical Profile

Mixed.

New Source Energy Partners L.P. (NSLP.US), an independent energy company focused on oil and natural gas extraction in the Appalachian Basin, faced inherent ethical challenges. Its core business model was fundamentally in conflict with planet-friendly practices, contributing to environmental impacts. Operations have been linked to indirect negative impacts on public health through air pollution and climate change. Critics also point to potential habitat disruption and an inherent conflict with zero waste principles due to extracting finite resources. While the industry involves workers in potentially hazardous conditions, specific data on NSLP's labor practices is limited. The company filed for bankruptcy in 2016.

Value Scores

Better Health for All-20
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-20

The company's primary revenue driver was the production and sale of oil and natural gas. This means 100% of its principal goods and services cause severe, widespread health damage, and 100% of its revenue comes from activities with well-established negative health outcomes. The company's operations are associated with severe negative health externalities from pollution, with no specific remediation efforts mentioned. The company does not offer health-related products or services, engage in preventative health, health education, or collect health data, making several KPIs not applicable. Its products do not have direct safety implications for users or addiction potential in the context of this value.

Fair Money & Economic Opportunity

0

No evidence available to assess New Source Energy Partners L.P. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No evidence available to assess New Source Energy Partners L.P. on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No evidence available to assess New Source Energy Partners L.P. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

New Source Energy Partners L.P. faced a class action lawsuit, commenced in October 2015, alleging violations of federal securities laws due to false and misleading statements in a May 2015 offering of Series A Preferred Units.

1
This lawsuit was settled for $2.85 million plus interest, with the settlement notice issued in July 2017.
2
The company's accounting system was noted to not have been updated for certain transactions due to personnel turnover and vacancy.
3
Separately, a former Chairman sued the CEO and an accountant in January 2015.
4
The company's shares were delisted from the NYSE in September (implied 2015) for failing to meet market capitalization and share price requirements.
5
New Source Energy Partners filed for bankruptcy liquidation in March 2016.
6

Kind to Animals

0

The provided articles focus exclusively on NSLP.US's financial performance, debt, bankruptcy filings, and related legal issues. There is no information or data available in the articles regarding the company's practices, policies, or impacts related to animal welfare, cruelty-free certifications, animal testing, habitat conservation, or ethical sourcing of animal-derived products. Therefore, no KPIs under the 'Kind to Animals' value can be assessed based on the given evidence.

No War, No Weapons

0

New Source Energy Partners L.P. was an independent energy company focused on oil and natural gas properties and oilfield services.

1
The provided articles contain no specific data or information regarding the company's involvement in arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, peacebuilding initiatives, or any other activities relevant to the 'No War, No Weapons' value. Consequently, no KPIs can be scored based on the available evidence.

Planet-Friendly Business

0

No specific, quantifiable data for NSLP.US related to environmental performance, targets, or initiatives was found across the provided articles. Information regarding emissions, renewable energy use, water management, waste diversion, green certifications, climate-related financial disclosures (TCFD, stranded assets, scenario analysis), or climate justice programs for NSLP.US is not present. Some articles mention general industry trends or regulatory environments for the oil and gas sector, but these are not specific to the company's actions or performance.

Respect for Cultures & Communities

0

No specific, concrete data points were found in the provided articles regarding NSLP.US's performance on any of the 'Respect for Cultures & Communities' KPIs. The articles either discuss other companies' actions, general industry trends, or focus solely on NSLP.US's financial and structural information without addressing community engagement or cultural respect.

Safe & Smart Tech

0

No evidence available to assess New Source Energy Partners L.P. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

The provided articles discuss general waste management solutions and regulatory requirements for the oil and gas industry, including federal and state regulations for waste pits, storage tanks, and hazardous waste disposal

1
,
2
. They also mention voluntary best management practices for source reduction and recycling
3
,
4
. However, neither article contains specific, quantitative, or actionable data regarding NSLP.US's performance, initiatives, or certifications related to waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education. Therefore, no KPIs can be scored.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.