New Zealand Energy Corp. (NZERF)
New Zealand Energy Corp. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in New Plymouth, TK, NZ. The stock last traded at $0.20, up 0.00% on the session, giving a market capitalisation of $7.1M. On trailing twelve-month figures it carries a trailing P/E of -1.17, a net margin of -381.4%. Its beta of 2.55 implies it has historically moved more than the broad market.
New Zealand Energy Corp., operating with its subsidiary companies, is primarily focused on the exploration and production of oil and natural gas resources within New Zealand. The company maintains a diverse portfolio of permits, including three petroleum mining licenses, one petroleum mining permit, and a single petroleum exploration permit. Specifically, these assets encompass the Waihapa/Ngaere and Tariki Petroleum Mining Licenses (under the TWN designation), the Copper Moki petroleum mining permit, and the Eltham Petroleum exploration permit. Beyond its upstream activities, the company also manages various midstream infrastructure assets. As of December 31, 2020, the company reported estimated proved and probable oil reserves totaling 696,500 barrels. New Zealand Energy Corp. was founded in 2010 and its principal operations are based in New Plymouth, New Zealand.
New Zealand Energy Corp. is most often compared with the following Energy names: