Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Pilot Energy Limited engages in the acquisition, exploration, and development of conventional oil and gas assets in Australia. It holds 100% working interests in EP416 and EP480 exploration permits located in southern Perth basin; a 21.25% working interest in WA-481 exploration permit; and a 13.058% working interest in the EP437 situated in the northern Perth basin. The company also holds a 60% working interest in the WA-481-P exploration permit located in Perth basin. In addition, it focuses on blue hydrogen and renewables projects. The company was formerly known as Rampart Energy Ltd and changed its name to Pilot Energy Limited in May 2013. Pilot Energy Limited was incorporated in 1998 and is based in Bondi Junction, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks.