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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
Very low or no dividends
Data is available to registered users only
Data is available to registered users only
About
Ignis Petroleum Group, Inc. focuses on the discovery, advancement, and extraction of crude oil and natural gas resources across the United States. The company holds stakes in numerous potential oil and gas projects within the U.S. Gulf Coast mainland, particularly in Texas and Louisiana. Established in 2004, the firm, headquartered in Dallas, Texas, was previously known as Sheer Ventures, Inc. until it adopted its current name in July 2005.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.
Data is available to registered users only