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Forza Petroleum Limited Forza Petroleum Limited

Forza Petroleum Limited

FORZ
Rank in Stocks #24163
Forza Petroleum Limited, an oil exploration, development, and production firm,... Forza Petroleum Limited, an oil exploration, development, and production firm, primarily conducts its operations in the Middle East. Established in 2010 and based in Calgary, Canada, the company holds a 65% working and participating interest in the Hawler license area, situated within the Kurdistan Region of Iraq. As of December 31, 2021, Forza Petroleum reported approximately 43 million barrels of proved and probable oil reserves. The company underwent a name change in December 2020, transitioning from its former identity as Oryx Petroleum Corporation Limited to its current name. Forza Petroleum Limited is a subsidiary of Zeg Oil and Gas Ltd.
Share Price
$0.11104818
Last synced: 2024-02-26
Market Cap
$64.21M
Change (1 day)
0.87%
Change (1 year)
0.00%
Country
CA
Trade Forza Petroleum Limited (FORZ)

Category

Energy
P/E ratio for Forza Petroleum Limited (FORZ)
P/E ratio as of 2026 TTM: 0
According to Forza Petroleum Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for Forza Petroleum Limited from 2026 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
Not enough data for the provided dates.
P/E ratio for similar companies or competitors
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Allied Energy, Inc. Allied Energy, Inc.
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EOG Resources, Inc. EOG Resources, Inc.
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How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.