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Bengal Energy (Bengal Energy) 6-Month Price Index : 0.49 (As of Apr. 30, 2024)


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What is Bengal 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 (2024-04-30), Bengal Energy's 6-Month Price Index is 0.49.

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

For the Oil & Gas E&P subindustry, Bengal 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.

Bengal Energy  (OTCPK:BNGLF) 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.

Bengal Energy  (OTCPK:BNGLF) 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.

Bengal Energy 6-Month Price Index Related Terms

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

Bengal Energy (Bengal Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bengal Energy Ltd (OTCPK:BNGLF) » Definitions » 6-Month Price Index
Comparable Companies
XCNQ:TCF TSXV:HEVI XCNQ:XOP TSXV:PFC TSXV:CDA TSXV:CEC TSXV:PUL TSXV:RHC TSXV:DME TSXV:VUX COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS
Traded in Other Exchanges
BNG:Canada
Address
715 - 5th Avenue S.W., Suite 1110, Calgary, AB, CAN, T2P 2X6
Website
https://www.bengalenergy.ca
Bengal Energy Ltd is involved in the exploration, development, and production of oil and gas reserves in Australia. It has two reportable operating segments the Australian oil and gas operations and corporate. Its producing assets are predominantly situated in Australia, in the Cooper Basin, a region featuring large hydrocarbon pools.