Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Petro-king Oilfield Services Limited, an investment holding firm, delivers oilfield technology solutions to clients across the People's Republic of China, the Middle East, and internationally. Its business operations are structured into three main segments: Oilfield Project Tools and Services, Consultancy Services, and other activities. The company provides a wide array of tools and services for oilfield projects, encompassing the formulation of development plans, expert advice on procurement, the installation of tools and equipment, and on-site project management. Petro-king also engages in the assembly and sale of specialized oilfield project tools. Furthermore, it offers integrated project management solutions that include engineering and designing comprehensive development strategies for oilfield ventures. These services extend to assisting with sourcing, managing projects related to drilling, well completion, downhole operations, oilfield equipment installation, and production enhancement. Direct on-site operational management, supervision, support, and advice are also key components of their offering. The firm also provides supervisory services, offering crucial management, oversight, and technical support across various stages of an oilfield project. In addition to its service portfolio, Petro-king actively trades oilfield tools and equipment. Founded in 2002, Petro-king Oilfield Services Limited is headquartered in Shenzhen, People's Republic of China. The company changed its name from Termbray Petro-king Oilfield Services Limited to its current designation in May 2014.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA