Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Block Energy Plc is an energy firm engaged in the exploration, development, and production of oil and natural gas within Georgia. Its principal asset is the West Rustavi onshore oil and gas field, which it fully owns and operates in the Kura basin. The company also possesses a 100% operational stake in the Block IX, Block XI, and Norio onshore oil fields, in addition to a 90% stake in the Satskhenisi onshore oil field, all of which are situated in the Kura basin. Originally named Goldcrest Resources Plc, the company adopted its current name, Block Energy Plc, in May 2017. Founded in 2005, Block Energy Plc is based in London, United Kingdom.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is overvalued on P/FCF.