Risk factor
Very high price volatility
Profitability factor
Strong growth
About
Condor Energies Inc. is an oil and gas firm primarily involved in discovering, developing, and producing hydrocarbon resources across Turkey and Kazakhstan. It maintains full ownership of the Poyraz Ridge and Destan operating licenses, both located on the Gallipoli Peninsula in western Turkey. Originally incorporated in 2006, the company changed its name from Condor Petroleum Inc. to Condor Energies Inc. in June 2022. Its corporate headquarters are situated in Calgary, Canada.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITD.
Target Price
The average target price of CDR.TO is 6.11 and suggests 50.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in