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Buru Energy (Buru Energy) 6-Month Price Index : 1.00 (As of Apr. 28, 2024)


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What is Buru Energy 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-28), Buru Energy's 6-Month Price Index is 1.00.

Competitive Comparison of Buru Energy's 6-Month Price Index

For the Oil & Gas E&P subindustry, Buru Energy's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.

Buru Energy  (OTCPK:BRNGF) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

Buru Energy  (OTCPK:BRNGF) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Buru Energy 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Buru Energy's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Buru Energy (Buru Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Buru Energy Ltd (OTCPK:BRNGF) » Definitions » 6-Month Price Index
Comparable Companies
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Traded in Other Exchanges
BRU:Australia
Address
16 Ord Street, Level 2, West Perth, WA, AUS, 6005
Website
https://www.buruenergy.com
Buru Energy Ltd is engaged in oil and gas exploration and production in the Canning Basin in the northwest of Western Australia. The group is divided into two reportable segments: Oil Production segment which includes development and production of the Ungani Oilfield. Exploration segment, the exploration program is focused on prospects along the Ungani oil trend, the Yulleroo area where gas resources have been identified in the Laurel Formation, the Lennard Shelf area including the shut-in Blina and Sundown Oilfields. The other segment is the Energy Transition segment.

Buru Energy (Buru Energy) Headlines

From GuruFocus

Buru Energy Ltd at Vertical Events RIU Good Oil & Gas Energy Transcript

By GuruFocus Research • 02-13-2024