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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
Headquartered in Austin, Texas, FieldPoint Petroleum Corporation concentrated its efforts on the acquisition, exploration, and extraction of oil and natural gas reserves throughout the United States. Its notable assets included Block A-49, the Spraberry Trend, and Serbin Field in Texas; Sulimar Field in New Mexico; West Allen Field in Oklahoma; and Longwood Field in Louisiana. On June 24, 2020, the company initiated voluntary liquidation proceedings by filing for Chapter 7 bankruptcy with the U.S. Bankruptcy Court for the Western District of Texas.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.
Data is available to registered users only