Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
JX Energy Ltd., an exploration and development company, engages in the exploration and development of natural gas and crude oil in Alberta, Canada. The company owns interests in the Alberta Foothills liquids-rich natural gas properties; and the Peace River light oil properties in Dawson area. As of December 31, 2021, it had approximately 50,000 net acres of land in the Western Canadian Sedimentary Basin; 5,092 thousand barrels of oil equivalent (Mboe) of net proved reserves; and 6,937 Mboe of net proved plus probable reserves. The company was formerly known as Persta Resources Inc. and changed its name to JX Energy Ltd. in June 2022. JX Energy Ltd. was incorporated in 2005 and is headquartered in Calgary, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
Buy
Sell