Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
UK Oil & Gas PLC (UKOG.L) is an enterprise focused on discovering and extracting petroleum resources, with operational activities in both the United Kingdom and Turkey. The company holds direct and indirect stakes in six onshore assets in Southern England, specifically across the Weald and Purbeck-Wight basins. These British landholdings collectively span approximately 689 square kilometers and cover various stages, including exploration, appraisal, development, and production. Additionally, the firm possesses a 50% ownership interest in the Resan oil appraisal and exploration license, located in southeast Turkey, which encompasses an area of 305 km². UK Oil & Gas PLC was established in 2004 and maintains its corporate headquarters in London, United Kingdom.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks.