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Petrolia Energy (Petrolia Energy) 6-1 Month Momentum % : 15.38% (As of Apr. 30, 2024)


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What is Petrolia Energy 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-30), Petrolia Energy's 6-1 Month Momentum % is 15.38%.

The industry rank for Petrolia Energy's 6-1 Month Momentum % or its related term are showing as below:

BBLS's 6-1 Month Momentum % is ranked better than
73.63% of 1096 companies
in the Oil & Gas industry
Industry Median: 0.57 vs BBLS: 15.38

Competitive Comparison of Petrolia Energy's 6-1 Month Momentum %

For the Oil & Gas E&P subindustry, Petrolia Energy's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Petrolia Energy's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petrolia Energy's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Petrolia Energy's 6-1 Month Momentum % falls into.


Petrolia Energy  (OTCPK:BBLS) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Petrolia Energy  (OTCPK:BBLS) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Petrolia Energy 6-1 Month Momentum % Related Terms

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Petrolia Energy (Petrolia Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrolia Energy Corp (OTCPK:BBLS) » Definitions » 6-1 Month Momentum %
Comparable Companies
MMEX AMNI SPOWF DBRM VBHI WTXR GSPE FECOF ALTX COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN FANG
Traded in Other Exchanges
N/A
Address
710 North Post Oak Road, Suite 400, Houston, TX, USA, 77024
Website
https://www.petroliaenergy.com
Petrolia Energy Corp is an oil exploration, development and production company. It acquire's low risk, conventionally producing oil fields. This allows the company to minimize risk and maximize the recoverability of existing reservoirs. It is focused on acquisitions in the Southwest United States. The company's core assets include Twin Lakes San Andres Unit, Slick Unit Dutcher Sands, Askarii Resources, and Minerva-Rockdale Field.
Executives
Zel C Khan officer: President & CEO 7941 KATY FWY, STE 522, HOUSTON TX 77024
Joel Martin Oppenheim director 2035 SUL ROSS STREET, HOUSTON TX 77098
Mark Merle Allen officer: President 4306 STONECROFT CIRCLE, KATY TX 77450
Richard D Dole director 710 N. POST OAK RD., STE. 512, HOUSTON TX 77024
Ivar Siem director 710 N. POST OAK RD., STE. 512, HOUSTON TX 77024
Horacio Alfredo Fernandez officer: Chief Financial Officer 9531 MEADOWVALE DR., HOUSTON TX 77063
Tariq Nawaz Chaudhary officer: Chief Financial Officer 132 MAGENTA CRESCENT, CHESTERMERE A0 T1X0K9
James Edward Burns director 3322 DESERT INN, MONTGOMERY TX 77356
Quinten Beasley director 416 - 42 STREET SW, CALGARY A0 T3C 1Y3
Paul M Deputy officer: Chief Financial Officer 7842 HIGHLAND FARMS, HOUSTON TX 77095
Lee H Lytton director, officer: Secretary 5804 BABCOCK RD, #400, SAN ANTONIO TX 78240
Leo B Womack director, 10 percent owner 710 N. POST OAK ROAD, SUITE 400, HOUSTON TX 77024
David N Baker 10 percent owner 1020 108TH AVENUE, NE SUITE 1004, BELLEVUE WA 98004
Matthew Robert Ferguson director 11044 RESEARCH BLVD., SUITE A-200, AUSTIN TX 78759
Rick Wilber director, 10 percent owner