Risk factor
Very high price volatility
Profitability factor
Strong margins and returns
About
Allied Energy, Inc. operates as an independent oil and gas exploration and development company. The company’s oil and gas projects are located in the Rogers County, Oklahoma; Leon County, Texas; Morgan County, Colorado; and Washington/Athens County, Ohio. It has approximately 6,000 acres under lease, and 70 wells under development. The company was formerly known as Allied Energy Group, Inc. and changed its name to Allied Energy, Inc. in November 2007. Allied Energy, Inc. was founded in 2003 and is headquartered in Bowling Green, Kentucky.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overvalued on P/FCF.