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1 Comment
Petro-king Oilfield Services Limited is currently in a long term downtrend where the price is trading 12.1% below its 200 day moving average.
From a valuation standpoint, the stock is 81.7% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.4.
Petro-king Oilfield Services Limited's total revenue sank by 44.3% to $152M since the same quarter in the previous year.
Its net income has increased by 85.4% to $-14M since the same quarter in the previous year.
Finally, its free cash flow grew by 144.5% to $12M since the same quarter in the previous year.
Based on the above factors, Petro-king Oilfield Services Limited gets an overall score of 3/5.
| Exchange | HK |
|---|---|
| ISIN | VGG7042T1049 |
| Industry | Oil & Gas Equipment & Services |
| Sector | Energy |
| CurrencyCode | HKD |
| Target Price | None |
|---|---|
| Beta | 0.35 |
| PE Ratio | None |
| Dividend Yield | 0.0% |
| Market Cap | 107M |
Petro-king Oilfield Services Limited, an investment holding company, provides oilfield technology services in the People's Republic of China, the Middle East, and internationally. It operates through Oilfield Project Tools and Services, Consultancy Services, and Others segments. The company offers oilfield project tools and services, such as oilfield development plan, procurement advice, tools and equipment installation, and on-site project management services, as well as assembles and sells oilfield project tools. It also provides integrated project management services that include engineering and designing an overall development plan for an oilfield project; assisting and providing advice on sourcing; oilfield project management services in the areas of drilling, well completion, downhole operation, oilfield equipment installation, and production enhancement; and on-site operational management, supervision, support, and advice services. In addition, the company offers supervisory services that comprise management, supervision, and technical support in technical areas in various stages of the oilfield project. Further, it is involved in the trading of oilfield tools and equipment. The company was formerly known as Termbray Petro-king Oilfield Services Limited and changed its name to Petro-king Oilfield Services Limited in May 2014. Petro-king Oilfield Services Limited was founded in 2002 and is headquartered in Shenzhen, the People's Republic of China.
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