Armour Energy Limited (AJQ.AX)
Armour Energy Limited operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Brisbane, QLD, AU. The stock last traded at $0.10, up 0.00% on the session, giving a market capitalisation of $10.3M. Its beta of 0.52 implies it has historically moved less than the broad market.
Armour Energy Limited, along with its associated entities, is an Australian firm primarily engaged in the identification, extraction, and processing of crude oil, natural gas, and kindred liquid hydrocarbon reserves. The company's operations are segmented into two core areas: the reconnaissance, analysis, and assessment of potential resource locations, and the subsequent advancement and delivery of petroleum-based products. Armour Energy maintains holdings in a variety of undertakings situated throughout the Surat, Northern, Cooper, and Southern Basins. Moreover, it actively manufactures and distributes petroleum commodities, including crude oil, natural gas, liquefied petroleum gas (LPG), and condensate, predominantly within the Surat Basin. The company was founded in 2009 and its primary office is located in Brisbane, Australia.
Armour Energy Limited is most often compared with the following Energy names: