Blacksteel Forward P/E
What is the Forward P/E of Blacksteel?
The Forward P/E of Blacksteel Energy Inc. is N/A
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
What does Blacksteel do?
Blacksteel Energy Inc. explores, develops, and produces oil and natural gas resources. Its primary asset is a 30% working interest in producing oil and gas in the Girouxville area in Northwest Alberta. The company is based in Calgary, Canada.