Beacon Equity Research Awards Inform Worldwide Holdings with $4.20 Price Target
Beacon Equity announced that it is initiating coverage for Inform Worldwide, and released a 14-page research report. The CFA who completed the report offers over 15 years of experience in equity research and investment marketing.
Energy resources such as oil, gas, and coal are in high demand as the economy continues to expand. The higher demand and prices create revenue opportunities for Inform Worldwide, who is actively pursing new oil and gas exploration opportunities.
The company has an 80% net revenue interest in two projects located in Osage County through a partnership with Soam Oil & Gas Investments, LLC. The two projects include 68 wells which are currently producing approximately $20,000 of gas per month.
The research firm closed the report, “We are initiating coverage of Inform Worldwide with a Speculative Buy rating and a $4.20 price target, based on a four times multiple of cash flows from the oil and gas projects and the value of Nowrytown #1 coal deposits. Future updates from the Company indicating upward revisions in oil and gas reserves, success in expanding production from the current oil and gas projects and/or the formation of additional coal mining joint ventures would likely move the share price sharply higher.”
"Please see the disclaimers on the QualityStocks.net website."
