Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
MIE Holdings Corporation, along with its group entities, is primarily involved in the exploration, development, extraction, and distribution of crude oil and related petroleum products, largely operating under production sharing agreements. The company maintains interests in two active oil production contracts situated in Northeast China. Furthermore, it holds participatory stakes in a single exploration contract and six production contracts within Kazakhstan. Established in 2001, MIE Holdings is headquartered in Wan Chai, Hong Kong.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is of fair value on EV/EBITDA,