Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Omega Oil & Gas Limited, an energy and resources company, explores for and produces natural gas and oil. It holds two exploration permits, Authorities to Prospect 2037 and 2038; and Petroleum Lease 17, a petroleum lease in the Surat-Bowen Basin located in South-East Queensland. The company was incorporated in 2020 and is based in Sydney, Australia. Omega Oil & Gas Limited operates as a subsidiary of AJ Lucas Services Pty Ltd.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is 'expensive' on EV/EBITDA, overvalued on P/F
Target Price
The average target price of OMA.AX is 0.64 and suggests 35% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d
Buy
Sell