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Chinook Energy

TSX:CKE
Snowflake Description

Moderate growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CKE
TSX
CA$15M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Chinook Energy Inc., an upstream oil and natural gas company, engages in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in Canada. The last earnings update was 26 days ago. More info.


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  • Chinook Energy has significant price volatility in the past 3 months.
CKE Share Price and Events
7 Day Returns
8.3%
TSX:CKE
15.2%
CA Oil and Gas
11.4%
CA Market
1 Year Returns
-50%
TSX:CKE
-41.5%
CA Oil and Gas
-22%
CA Market
CKE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chinook Energy (CKE) 8.3% 0% 18.2% -50% -82.7% -
CA Oil and Gas 15.2% -37.6% -42.4% -41.5% -49.8% -53.6%
CA Market 11.4% -22.2% -23.5% -22% -19.8% -13.3%
1 Year Return vs Industry and Market
  • CKE underperformed the Oil and Gas industry which returned -41.5% over the past year.
  • CKE underperformed the Market in Canada which returned -22% over the past year.
Price Volatility
CKE
Industry
5yr Volatility vs Market

CKE Value

 Is Chinook Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Chinook Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Chinook Energy.

TSX:CKE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSX:CKE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.825 (1 + (1- 26.5%) (49.37%))
1.084
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.44% + (1.084 * 5.44%)
7.34%

Discounted Cash Flow Calculation for TSX:CKE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Chinook Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

TSX:CKE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 7.34%)
2020 -5.00 Analyst x2 -4.66
2021 1.00 Analyst x1 0.87
2022 1.49 Est @ 49.02% 1.21
2023 2.01 Est @ 34.75% 1.51
2024 2.51 Est @ 24.76% 1.76
2025 2.95 Est @ 17.76% 1.93
2026 3.33 Est @ 12.87% 2.03
2027 3.64 Est @ 9.44% 2.07
2028 3.90 Est @ 7.04% 2.06
2029 4.11 Est @ 5.36% 2.02
Present value of next 10 years cash flows CA$10.00
TSX:CKE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$4.11 × (1 + 1.44%) ÷ (7.34% – 1.44%)
CA$70.71
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$70.71 ÷ (1 + 7.34%)10
CA$34.84
TSX:CKE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$10.00 + CA$34.84
CA$44.84
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$44.84 / 223.68
CA$0.2
TSX:CKE Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$0.20
Current discount Discount to share price of CA$0.07
= -1 x (CA$0.07 - CA$0.20) / CA$0.20
67.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Chinook Energy is available for.
Intrinsic value
>50%
Share price is CA$0.065 vs Future cash flow value of CA$0.20045
Current Discount Checks
For Chinook Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Chinook Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Chinook Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chinook Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chinook Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:CKE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.19
TSX:CKE Share Price ** TSX (2020-03-27) in CAD CA$0.07
Canada Oil and Gas Industry PE Ratio Median Figure of 55 Publicly-Listed Oil and Gas Companies 6.35x
Canada Market PE Ratio Median Figure of 499 Publicly-Listed Companies 10.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chinook Energy.

TSX:CKE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:CKE Share Price ÷ EPS (both in CAD)

= 0.07 ÷ -0.19

-0.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chinook Energy is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Chinook Energy is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Chinook Energy's expected growth come at a high price?
Raw Data
TSX:CKE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Canada Oil and Gas Industry PEG Ratio Median Figure of 29 Publicly-Listed Oil and Gas Companies -0.04x
Canada Market PEG Ratio Median Figure of 234 Publicly-Listed Companies 0.69x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Chinook Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chinook Energy's assets?
Raw Data
TSX:CKE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.07
TSX:CKE Share Price * TSX (2020-03-27) in CAD CA$0.07
Canada Oil and Gas Industry PB Ratio Median Figure of 198 Publicly-Listed Oil and Gas Companies 0.38x
Canada Market PB Ratio Median Figure of 2,352 Publicly-Listed Companies 1x
TSX:CKE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:CKE Share Price ÷ Book Value per Share (both in CAD)

= 0.07 ÷ 0.07

0.91x

* Primary Listing of Chinook Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chinook Energy is overvalued based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Chinook Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Chinook Energy has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CKE Future Performance

 How is Chinook Energy expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
94.9%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Chinook Energy expected to grow at an attractive rate?
  • Chinook Energy's earnings growth is expected to exceed the low risk savings rate of 1.4%.
Growth vs Market Checks
  • Chinook Energy's earnings growth is expected to exceed the Canada market average.
  • Unable to compare Chinook Energy's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:CKE Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:CKE Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 94.9%
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -3.9%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 7.7%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:CKE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:CKE Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 4
2020-12-31 0
2020-03-28
TSX:CKE Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 19 -4 -42
2019-09-30 19 -4 -49
2019-06-30 25 -1 -48
2019-03-31 30 2 -28
2018-12-31 31 0 -28
2018-09-30 30 3 -28
2018-06-30 26 1 -30
2018-03-31 25 6 -29
2017-12-31 25 6 -17
2017-09-30 30 2 11
2017-06-30 38 1 -21
2017-03-31 39 -6 -32

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chinook Energy's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Chinook Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:CKE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Chinook Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:CKE Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 -0.03 -0.02 -0.03 2.00
2020-12-31 -0.05 -0.04 -0.05 2.00
2020-03-28
TSX:CKE Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.19
2019-09-30 -0.22
2019-06-30 -0.21
2019-03-31 -0.13
2018-12-31 -0.12
2018-09-30 -0.12
2018-06-30 -0.13
2018-03-31 -0.13
2017-12-31 -0.08
2017-09-30 0.05
2017-06-30 -0.10
2017-03-31 -0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Chinook Energy will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Chinook Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chinook Energy has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CKE Past Performance

  How has Chinook Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chinook Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chinook Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Chinook Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Chinook Energy's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Chinook Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chinook Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:CKE Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 18.80 -42.26 3.58
2019-09-30 18.82 -49.41 3.92
2019-06-30 25.17 -47.82 4.18
2019-03-31 30.41 -28.05 4.56
2018-12-31 30.71 -27.65 4.82
2018-09-30 30.35 -27.67 5.00
2018-06-30 25.89 -29.65 5.37
2018-03-31 24.72 -29.43 6.03
2017-12-31 25.25 -16.91 6.72
2017-09-30 30.19 10.67 8.25
2017-06-30 37.66 -21.31 10.11
2017-03-31 38.65 -31.58 11.65
2016-12-31 39.12 -54.77 12.84
2016-09-30 38.73 -66.50 14.71
2016-06-30 37.80 -111.27 14.14
2016-03-31 45.37 -104.57 13.86
2015-12-31 53.57 -83.61 14.89
2015-09-30 68.08 -136.61 14.98
2015-06-30 84.59 -52.25 16.03
2015-03-31 102.93 -42.89 16.23
2014-12-31 123.97 -50.67 17.36
2014-09-30 125.28 -2.51 18.39
2014-06-30 125.31 -6.53 17.03
2014-03-31 104.85 -13.54 13.40
2013-12-31 108.64 -9.45 15.32
2013-09-30 140.41 -36.01 15.82
2013-06-30 161.16 -48.11 17.83
2013-03-31 179.70 -69.44 25.69

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Chinook Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Chinook Energy has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Chinook Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Chinook Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chinook Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CKE Health

 How is Chinook Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Chinook Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chinook Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Chinook Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Chinook Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chinook Energy Company Filings, last reported 2 months ago.

TSX:CKE Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 15.91 7.02
2019-09-30 29.80 6.99
2019-06-30 33.23 5.49
2019-03-31 55.36 2.98
2018-12-31 57.70 2.36
2018-09-30 78.70 2.23
2018-06-30 80.52 3.30
2018-03-31 82.84 3.40
2017-12-31 84.85 0.00 4.34
2017-09-30 104.24 0.00 15.02
2017-06-30 107.98 0.00 19.98
2017-03-31 109.97 0.00 21.62
2016-12-31 99.30 0.00 14.82
2016-09-30 129.31 17.23 23.21
2016-06-30 207.52 18.20 27.25
2016-03-31 189.12 0.00 24.39
2015-12-31 201.22 0.00 37.95
2015-09-30 205.92 0.00 46.23
2015-06-30 285.87 0.00 50.73
2015-03-31 291.07 0.00 60.27
2014-12-31 282.45 0.00 46.02
2014-09-30 342.42 0.00 47.45
2014-06-30 337.94 95.50 16.44
2014-03-31 337.78 76.03 16.25
2013-12-31 326.76 75.90 25.98
2013-09-30 360.70 75.77 11.40
2013-06-30 359.56 86.70 22.86
2013-03-31 350.68 86.85 24.74
  • Chinook Energy's level of debt (42.7%) compared to net worth is high (greater than 40%).
  • Unable to establish if Chinook Energy's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Information is not available.
  • Unable to confirm if Chinook Energy has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Chinook Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chinook Energy has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CKE Dividends

 What is Chinook Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Chinook Energy dividends.
If you bought CA$2,000 of Chinook Energy shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Chinook Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Chinook Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:CKE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 8%
Canada Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 4.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.7%
Canada Top 25% Dividend Yield 75th Percentile 8.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:CKE Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-03-28

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Chinook Energy has not reported any payouts.
  • Unable to verify if Chinook Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Chinook Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Chinook Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Chinook Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chinook Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chinook Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CKE Management

 What is the CEO of Chinook Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Walter Vrataric
COMPENSATION CA$301,141
AGE 48
TENURE AS CEO 6.3 years
CEO Bio

Mr. Walter J. Vrataric, B. Comm, has been the President of Chinook Energy Inc. since May 10, 2012 and has been its Chief Executive Officer since December 31, 2013 and has also been its Director since May 11, 2017. Mr. Vrataric served as Vice President of Business Development & Land at Chinook Energy Inc. from June 29, 2010 to May 10, 2012. He served as the Chief Executive Officer and President of ORLEN Upstream Canada Ltd. (Also known as TriOil Resources Ltd.) from January 2006 to January 13, 2010. He served as Vice President of Land of Rock Creek Resources Ltd. from March 2002 to August 2005 and Vice President of Land and Negotiations of Advantage Energy Income Fund from May 2001 to September 2001. He served as Land Manager of Search Energy Corp., a predecessor to Advantage Energy Income Fund from November 1997 to May 2001. He serves as a Director of Craft Oil Ltd. He served as a Director of ORLEN Upstream Canada Ltd. since September 21, 2006.

CEO Compensation
  • Walter's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Walter's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Chinook Energy management team in years:

6.3
Average Tenure
  • The average tenure for the Chinook Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Walter Vrataric

TITLE
President
COMPENSATION
CA$301K
AGE
48
TENURE
6.3 yrs

Jason Dranchuk

TITLE
VP of Finance & CFO
COMPENSATION
CA$273K
TENURE
5.7 yrs

Tim Halpen

TITLE
Chief Operating Officer
COMPENSATION
CA$258K
TENURE
7.8 yrs

Darrel Zacharias

TITLE
Vice President of Exploration
COMPENSATION
CA$246K

Fred Davidson

TITLE
Corporate Secretary
Board of Directors Tenure

Average tenure and age of the Chinook Energy board of directors in years:

4.8
Average Tenure
59.5
Average Age
  • The tenure for the Chinook Energy board of directors is about average.
Board of Directors

Jill Angevine

TITLE
Independent Chairman of the Baord
COMPENSATION
CA$40K
AGE
51

Walter Vrataric

TITLE
President
COMPENSATION
CA$301K
AGE
48
TENURE
2.8 yrs

Bob Herdman

TITLE
Independent Director
COMPENSATION
CA$40K
AGE
68
TENURE
9.7 yrs

Bob Iverach

TITLE
Independent Director
COMPENSATION
CA$40K
AGE
71
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
04. Apr 19 Sell P. Wierzba Individual 03. Apr 19 03. Apr 19 -20,000 CA$0.14 CA$-2,800
X
Management checks
We assess Chinook Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chinook Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CKE News

Simply Wall St News

Could The Chinook Energy Inc. (TSE:CKE) Ownership Structure Tell Us Something Useful?

Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. … Check out our latest analysis for Chinook Energy TSX:CKE Ownership Summary, August 8th 2019 What Does The Institutional Ownership Tell Us About Chinook Energy? … Insider Ownership Of Chinook Energy The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

Does The Chinook Energy Inc. (TSE:CKE) Share Price Tend To Follow The Market?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Therefore, it's a bit surprising to see that this stock has a beta value so close to the overall market. … What this means for you: It is probable that there is a link between the share price of Chinook Energy and the broader market, since it has a beta value quite close to one.

Simply Wall St -

How Much Are Chinook Energy Inc. (TSE:CKE) Insiders Taking Off The Table?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … All up, insiders sold more shares in Chinook Energy than they bought, over the last year

Simply Wall St -

Did You Manage To Avoid Chinook Energy's 24% Share Price Drop?

Given that Chinook Energy didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … When a company doesn't make profits, we'd generally expect to see good revenue growth. … Given this fairly low revenue growth (and lack of profits), it's not particularly surprising to see the stock down 24% in a year.

Simply Wall St -

Could Chinook Energy Inc's (TSE:CKE) Investor Composition Influence The Stock Price?

The big shareholder groups in Chinook Energy Inc (TSE:CKE) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … With a market capitalization of CA$45m, Chinook Energy is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Who Are The Top Investors In Chinook Energy Inc (TSE:CKE)?

I am going to take a deep dive into Chinook Energy Inc’s (TSE:CKE) most recent ownership structure, not a frequent subject of discussion among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

Simply Wall St -

Is Chinook Energy Inc's (TSE:CKE) CEO Salary Justified?

Walter Vrataric took the reins as CEO of Chinook Energy Inc's (TSE:CKE) and grew market cap to CA$44.71m recently. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … See our latest analysis for Chinook Energy

Simply Wall St -

How Much Did Chinook Energy Inc's (TSE:CKE) CEO Pocket Last Year?

See our latest analysis for Chinook Energy What has CKE's performance been like? … Therefore I will use earnings as a proxy of Vrataric's performance in the past year. … Typically I'd use market cap and profit as factors determining performance, however, CKE's negative earnings reduces the usefulness of my formula.

Simply Wall St -

Should You Be Concerned About Chinook Energy Inc's (TSE:CKE) Investors?

View our latest analysis for Chinook Energy TSX:CKE Ownership_summary Apr 30th 18 Institutional Ownership CKE's 47.26% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … This is an encouraging sign for investors as these investors tend to be active strategist in companies, focusing on increasing operational and capital efficiency for the firm.Next Steps: CKE's considerably high level of institutional ownership calls for further analysis into its margin of safety.

Simply Wall St -

Where Chinook Energy Inc (TSE:CKE) Stands In Earnings Growth Against Its Industry

Today I will take a look at Chinook Energy Inc's (TSX:CKE) most recent earnings update (31 December 2017) and compare these latest figures against its performance over the past few years, as well as how the rest of the oil and gas industry performed. … I look at the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … This means although Chinook Energy is currently unprofitable, it may have only just gained from the recent industry expansion, moving earnings in the right direction.What does this mean?

Simply Wall St -

CKE Company Info

Description

Chinook Energy Inc., an upstream oil and natural gas company, engages in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in Canada. The company primarily holds interests in the Birley/Umbach area, which include 63 drill spacing units (DSUs) of land; Martin Creek/Black-Conroy area, including 102.7 net DSUs; and Boundary Lake, which include 33 net sections located in northeast British Columbia. Chinook Energy Inc. was incorporated in 2003 and is headquartered in Calgary, Canada.

Details
Name: Chinook Energy Inc.
CKE
Exchange: TSX
Founded: 2003
CA$14,539,330
223,682,001
Website: http://chinookenergyinc.com
Address: Chinook Energy Inc.
222–3rd Avenue SW,
Suite 1610,
Calgary,
Alberta, T2P 0B4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX CKE Common Shares The Toronto Stock Exchange CA CAD 16. Dec 2016
OTCPK CNKE.F Common Shares Pink Sheets LLC US USD 16. Dec 2016
DB CEE Common Shares Deutsche Boerse AG DE EUR 16. Dec 2016
Number of employees
Current staff
Staff numbers
13
Chinook Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/28 02:42
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2020/03/02
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.