Oil And Gas Stock Fundamentals
| OGDC Stock | 218.59 0.31 0.14% |
Oil and Gas fundamentals help investors to digest information that contributes to Oil's financial success or failures. It also enables traders to predict the movement of Oil Stock. The fundamental analysis module provides a way to measure Oil's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oil stock.
Oil |
Oil and Gas Company Revenue Analysis
Oil's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Oil Revenue | 335.46 B |
Most of Oil's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oil and Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Based on the latest financial disclosure, Oil and Gas reported 335.46 B of revenue. This is much higher than that of the Energy sector and significantly higher than that of the Oil, Gas & Consumable Fuels industry. The revenue for all Pakistan stocks is significantly lower than that of the firm.
Oil and Gas Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oil's current stock value. Our valuation model uses many indicators to compare Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oil competition to find correlations between indicators driving Oil's intrinsic value. More Info.Oil and Gas is rated top company in revenue category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about 0.78 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Oil and Gas is roughly 1.28 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Oil's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Oil Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oil's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oil could also be used in its relative valuation, which is a method of valuing Oil by comparing valuation metrics of similar companies.Oil is currently under evaluation in revenue category among its peers.
Oil Fundamentals
| Revenue | 335.46 B | |||
| EBITDA | 262.22 B | |||
| Net Income | 133.78 B | |||
| Cash Flow From Operations | 72.36 B | |||
| Total Asset | 1.13 T | |||
| Net Asset | 1.13 T |
About Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oil and Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil and Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Oil
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oil will appreciate offsetting losses from the drop in the long position's value.Moving against Oil Stock
The ability to find closely correlated positions to Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oil and Gas to buy it.
The correlation of Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oil and Gas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Oil Stock
Oil financial ratios help investors to determine whether Oil Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oil with respect to the benefits of owning Oil security.