PetroFrontier EV/EBITDA
What is the EV/EBITDA of PetroFrontier?
The EV/EBITDA of PetroFrontier Corp. is N/A
What is the definition of EV/EBITDA?
EV/EBITDA is enterprise value divided by earnings before interest, tax, depreciation, and amortization. It is a measure of how expensive a stock is and is more frequently valid for comparisons across companies than the price to earnings ratio. It measures the price (in the form of enterprise value) an investor pays for the benefit of the company’s cash flow (in the form of EBITDA).
= enterprise value / EBITDA
Price to earnings ratios are impacted by a company's choice of capital structure - companies which raise money via debt will have lower P/Es (and therefore look cheaper) than companies that raise an equivalent amount of money by issuing shares, even though the two companies might have equivalent enterprise values. A sample case is when a company with debt were to raise money by issuing shares of stock, and then used the money to pay off the debt, this company's P/E ratio would shoot up because of the increased number of shares - although nothing about the fundamental value of the business has changed. EV / EBITDA is unaffected by capital structure as enterprise value includes the value of debt, and EBITDA is available to all investors (debt and equity) as it excludes interest payments on that debt. It is ideal for analysts and potential investors looking to compare companies within the same industry.
EV/EBITDA of companies in the Energy sector on TSXV compared to PetroFrontier
What does PetroFrontier do?
PetroFrontier Corp., a junior energy company, explores for and produces petroleum and natural gas in western Canada. It focuses on developing two Mannville heavy oil plays in the Cold Lake and Wabasca areas of Alberta. PetroFrontier Corp. was incorporated in 2009 and is headquartered in Calgary, Canada.
Companies with ev/ebitda similar to PetroFrontier
- OCL Iron and Steel has EV/EBITDA of N/A
- Northwest Biotherapeutics has EV/EBITDA of N/A
- Margaux Resources has EV/EBITDA of N/A
- Longhui International has EV/EBITDA of N/A
- Gex Management Inc has EV/EBITDA of N/A
- Beam Global has EV/EBITDA of N/A
- PetroFrontier has EV/EBITDA of N/A
- Gold Mountain has EV/EBITDA of N/A
- NexOptic Technology has EV/EBITDA of N/A
- Leonteq AG has EV/EBITDA of N/A
- Scandium International Mining has EV/EBITDA of N/A
- China Art has EV/EBITDA of N/A
- Eco (Atlantic) Oil & Gas has EV/EBITDA of N/A