Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Savoy Energy Corporation specializes in rejuvenating and producing crude oil from existing, previously drilled wells within the United States, often those that were formerly undeveloped or underutilized. The company manages a portfolio of leasehold interests and production assets, encompassing both proven and unproven sites. This includes a 49.25% undivided stake in 144 acres of leased land in Gonzales County, Texas. Furthermore, Savoy holds a 5.0% overriding royalty in the W.L. Barnett ET AL #1 & #2 wells, alongside a 2.75% direct working interest in the Glass 59 #2 well. Savoy Energy Corporation is headquartered in Houston, Texas.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers.