Sector : Oil & GAS
MCAP : Small Cap
Industry : Oil Exploration & Production
Challenges:
Hydrocarbon Exploration Risk: Finding commercially viable oil and gas reserves is inherently risky and involves significant upfront investment.
Fluctuating Energy Prices: The global oil and gas prices can be volatile, impacting HOEC's revenue stream.
Government Regulations: The oil and gas industry is subject to various government regulations concerning exploration, production, and environmental impact.
Core Activities:
Exploration: HOEC explores for oil and gas reserves onshore and offshore in India. They utilize geophysical studies, seismic surveys, and exploratory drilling to identify potential hydrocarbon deposits.
Development and Production: Once a viable oil or gas reserve is discovered, HOEC works on developing the field to extract the resources efficiently. This involves activities like building platforms, drilling production wells, and installing pipelines for transportation.
Sale of Hydrocarbons: The extracted crude oil and natural gas are then sold to refineries or other companies for processing and distribution. HOEC's revenue comes from the sale of these produced hydrocarbons
My Take : If Crude Price rally that will benefit this stock
First Enty @ 159
Allocation : 1%
MCAP : Small Cap
Industry : Oil Exploration & Production
Challenges:
Hydrocarbon Exploration Risk: Finding commercially viable oil and gas reserves is inherently risky and involves significant upfront investment.
Fluctuating Energy Prices: The global oil and gas prices can be volatile, impacting HOEC's revenue stream.
Government Regulations: The oil and gas industry is subject to various government regulations concerning exploration, production, and environmental impact.
Core Activities:
Exploration: HOEC explores for oil and gas reserves onshore and offshore in India. They utilize geophysical studies, seismic surveys, and exploratory drilling to identify potential hydrocarbon deposits.
Development and Production: Once a viable oil or gas reserve is discovered, HOEC works on developing the field to extract the resources efficiently. This involves activities like building platforms, drilling production wells, and installing pipelines for transportation.
Sale of Hydrocarbons: The extracted crude oil and natural gas are then sold to refineries or other companies for processing and distribution. HOEC's revenue comes from the sale of these produced hydrocarbons
My Take : If Crude Price rally that will benefit this stock
First Enty @ 159
Allocation : 1%