Is Confidence Petroleum stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Confidence Petroleum pays dividends. Last time was Monday 30th of October 2023 where the investors holding the stock on Friday 22nd of September 2023 were paid INR0.1 per share. Over the last 4 times between 2020 and 2023, Confidence Petroleum has paid INR0.375 with an average of INR0.09 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Confidence Petroleum 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR24.10, you would have made a profit of INR62.85 per share or 260.79%
Yes, the average daily trading liquidity for Confidence Petroleum is INR1.88 million. You should therefore be able to get in and out of your positions relatively fast.
Confidence Petroleum has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.53, the company's ability to pay off the debt is good. The company has a very low net profit margin of 3.76%, which is challenging.
We have calculated the inflation risk for Confidence Petroleum to be low [0.35 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.