Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
East West Petroleum Corp., a junior oil and gas company, engages in the exploration, development, and production of oil and gas properties in New Zealand and Romania. It holds interest in a 30% interest in the Cheal-E site mining permit in the Taranaki Basin, New Zealand; and four exploration blocks covering an area of 1,007,500 acres in Pannonian Basin of western Romania. The company was formerly known as Avere Energy Inc. and changed its name to East West Petroleum Corp. in August 2010. The company was incorporated in 1987 and is based in Vancouver, Canada.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is undervalued on EV/EBITDA.
