Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Strata Power Corporation, an exploration stage company, engages in the acquisition, exploration, and development of oil and gas properties in Canada. The company focuses on heavy oil and carbonate-hosted bitumen deposits. It also has partial and royalty interests in oil sands leases, which consists of approximately 8,704 hectares located in the Peace River oil sands area in Northern Alberta, Canada. In addition, the company owns a non-producing well. The company was formerly known as Strata Oil & Gas Inc. and changed its name to Strata Power Corporation in December 2018. Strata Power Corporation was incorporated in 1998 and is based in Calgary, Canada.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is overpriced on P/FCF.