A$ 0.01
Key Takeaways
Risk factor
Very high price volatility
Data is available to registered users only
Data is available to registered users only
Profitability factor
Greatly undervalued vs peers
Data is available to registered users only
Data is available to registered users only
About
Forte Energy Ltd, formerly known as IPB Petroleum Ltd, is an Australian oil and gas exploration company. The company is focused on the oil-prone southern margin of the Browse Basin Offshore North Western Australia and holds a 100% interest in the WA-424-P hydrocarbon exploration permit.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is undervalued on EV/EBITDA.
Data is available to registered users only