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Condor Petroleum

TSX:CPI
Snowflake Description

Excellent balance sheet with weak fundamentals.

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

Condor Petroleum Inc., through its subsidiaries, engages in the exploration, development, and production of oil and gas properties. The last earnings update was 10 days ago. More info.


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CPI Share Price and Events
7 Day Returns
-9.7%
TSX:CPI
7%
CA Oil and Gas
7.1%
CA Market
1 Year Returns
62.5%
TSX:CPI
-46%
CA Oil and Gas
-25.3%
CA Market
CPI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Condor Petroleum (CPI) -9.7% -51.5% -49.2% 62.5% -78.2% -79%
CA Oil and Gas 7% -40.8% -46.8% -46% -53.7% -57.4%
CA Market 7.1% -24.1% -26.7% -25.3% -23.4% -17.5%
1 Year Return vs Industry and Market
  • CPI outperformed the Oil and Gas industry which returned -46% over the past year.
  • CPI outperformed the Market in Canada which returned -25.3% over the past year.
Price Volatility
CPI
Industry
5yr Volatility vs Market

CPI Value

 Is Condor Petroleum 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
  • It is not possible to calculate the future cash flow value for Condor Petroleum. This is due to cash flow or dividend data being unavailable. The share price is CA$0.325.
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 Condor Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Condor Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:CPI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.31
TSX:CPI Share Price ** TSX (2020-03-27) in CAD CA$0.33
Canada Oil and Gas Industry PE Ratio Median Figure of 55 Publicly-Listed Oil and Gas Companies 6.03x
Canada Market PE Ratio Median Figure of 497 Publicly-Listed Companies 10.58x

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

** Primary Listing of Condor Petroleum.

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

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

= 0.33 ÷ -0.31

-1.03x

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

  • Condor Petroleum is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Condor Petroleum is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Condor Petroleum's expected growth come at a high price?
Raw Data
TSX:CPI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.03x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 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 Condor Petroleum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Condor Petroleum's assets?
Raw Data
TSX:CPI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.52
TSX:CPI Share Price * TSX (2020-03-27) in CAD CA$0.33
Canada Oil and Gas Industry PB Ratio Median Figure of 198 Publicly-Listed Oil and Gas Companies 0.39x
Canada Market PB Ratio Median Figure of 2,351 Publicly-Listed Companies 1x
TSX:CPI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.33 ÷ 0.52

0.63x

* Primary Listing of Condor Petroleum.

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

  • Condor Petroleum is overvalued based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Condor Petroleum'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. Condor Petroleum has a total score of 0/6, 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.

CPI Future Performance

 How is Condor Petroleum expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Condor Petroleum has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
-3.7%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Condor Petroleum expected to grow at an attractive rate?
  • Unable to compare Condor Petroleum's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Condor Petroleum's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Condor Petroleum's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:CPI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -3.7%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 7.8%
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:CPI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:CPI Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1
2020-03-28
TSX:CPI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 5 2 -14
2019-09-30 12 5 -14
2019-06-30 13 6 -15
2019-03-31 15 7 -14
2018-12-31 10 7 -12
2018-09-30 9 4 -8
2018-06-30 9 0 -5
2018-03-31 9 -4 -8
2017-12-31 5 -8 -67
2017-09-30 5 -7 -70
2017-06-30 4 -9 -69
2017-03-31 2 -9 -68

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Condor Petroleum is high growth as no earnings estimate data is available.
  • Unable to determine if Condor Petroleum 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:CPI 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 0 Analyst Estimates (S&P Global) See Below

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

TSX:CPI Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2020-03-28
TSX:CPI Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.31
2019-09-30 -0.31
2019-06-30 -0.35
2019-03-31 -0.33
2018-12-31 -0.27
2018-09-30 -0.18
2018-06-30 -0.13
2018-03-31 -0.17
2017-12-31 -1.54
2017-09-30 -1.61
2017-06-30 -1.59
2017-03-31 -1.57

*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 Condor Petroleum will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Condor Petroleum's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Condor Petroleum's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Condor Petroleum's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Condor Petroleum'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.
Condor Petroleum has a total score of 0/6, 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.

CPI Past Performance

  How has Condor Petroleum 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 Condor Petroleum'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.
  • Condor Petroleum does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Condor Petroleum's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Condor Petroleum's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Condor Petroleum'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 Condor Petroleum Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:CPI 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 4.52 -13.87 7.71
2019-09-30 11.83 -13.71 7.63
2019-06-30 12.78 -15.43 7.44
2019-03-31 14.93 -14.50 7.60
2018-12-31 10.27 -11.66 7.12
2018-09-30 9.43 -7.61 63.45
2018-06-30 9.19 -5.49 64.27
2018-03-31 9.06 -7.56 9.45
2017-12-31 5.48 -66.67 66.93
2017-09-30 5.16 -69.73 12.38
2017-06-30 3.57 -68.85 11.95
2017-03-31 2.45 -67.73 67.29
2016-12-31 1.53 -11.89 9.98
2016-09-30 0.33 -8.13 8.69
2016-06-30 0.30 -7.86 9.01
2016-03-31 0.04 -7.34 8.96
2015-12-31 0.15 -3.32 9.28
2015-09-30 1.26 -5.55 9.49
2015-06-30 1.68 -3.22 9.45
2015-03-31 2.19 -6.91 9.86
2014-12-31 3.52 -10.84 11.00
2014-09-30 3.59 -12.56 10.45
2014-06-30 3.82 -16.85 10.56
2014-03-31 4.02 -15.16 11.68
2013-12-31 4.48 -14.23 10.74
2013-09-30 4.44 -14.30 11.53
2013-06-30 4.11 -14.07 11.75
2013-03-31 3.36 -11.97 10.77

*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 Condor Petroleum has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Condor Petroleum 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 Condor Petroleum 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 Condor Petroleum'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.
Condor Petroleum 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.

CPI Health

 How is Condor Petroleum'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 Condor Petroleum's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Condor Petroleum is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Condor Petroleum's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Condor Petroleum'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 covered by short term assets, assets are 3.9x 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 Condor Petroleum Company Filings, last reported 2 months ago.

TSX:CPI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 22.75 6.85 2.94
2019-09-30 29.92 8.49 2.64
2019-06-30 30.99 7.78 0.83
2019-03-31 33.26 9.00 1.78
2018-12-31 34.89 9.18 1.69
2018-09-30 35.41 8.70 1.41
2018-06-30 45.92 9.00 0.87
2018-03-31 55.84 10.27 2.39
2017-12-31 55.16 13.08 5.10
2017-09-30 55.60 12.53 8.35
2017-06-30 63.07 12.57 14.29
2017-03-31 67.63 12.24 22.63
2016-12-31 125.72 0.00 22.03
2016-09-30 126.62 0.00 29.96
2016-06-30 126.36 0.00 36.98
2016-03-31 127.95 0.00 42.86
2015-12-31 130.59 0.00 50.28
2015-09-30 151.25 0.00 53.17
2015-06-30 191.43 0.00 53.83
2015-03-31 198.01 0.00 60.27
2014-12-31 188.62 0.00 64.48
2014-09-30 184.40 0.00 70.93
2014-06-30 177.59 0.00 68.87
2014-03-31 187.52 0.00 78.79
2013-12-31 172.06 17.97 11.95
2013-09-30 168.85 17.06 19.23
2013-06-30 176.88 2.51 8.77
2013-03-31 175.69 0.00 10.98
  • Condor Petroleum's level of debt (30.1%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Condor Petroleum'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.

  • Whilst loss making Condor Petroleum has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Condor Petroleum has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -26.4% per year.
X
Financial health checks
We assess Condor Petroleum'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. Condor Petroleum has a total score of 5/6, 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.

CPI Dividends

 What is Condor Petroleum'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 Condor Petroleum dividends.
If you bought CA$2,000 of Condor Petroleum 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 Condor Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Condor Petroleum'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:CPI 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 0 Analyst Estimates (S&P Global) See Below
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 8.6%
Canada Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 4.9%
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 8.8%

Industry and Market average data is calculated daily.

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

TSX:CPI Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
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 Condor Petroleum has not reported any payouts.
  • Unable to verify if Condor Petroleum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Condor Petroleum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Condor Petroleum 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 Condor Petroleum'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 Condor Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Condor Petroleum 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.

CPI Management

 What is the CEO of Condor Petroleum'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
Don Streu
COMPENSATION CA$445,903
AGE 87
TENURE AS CEO 11.6 years
CEO Bio

Mr. Donald V. Streu, also known as Don, has been the Chief Executive Officer and President at Condor Petroleum, Inc. since August 2008. Mr. Streu has 25 years experience in the oil and natural gas industry, including 22 years with Chevron Canada Resources working in Angola, Indonesia, Nigeria, Canada and the United States. Mr. Streu served as the Asset Manager of Angola’s first deepwater production: a 100,000 barrel of oil per day operation that went from discovery to first oil in only 30 months. As Planning Manager of Chevron Indonesia, he was responsible for developing strategic and tactical plans for an organization producing in excess of 350,000 barrels of oil per day. He served as the Asset Manager for Chevron Nigeria Limited, managing the entire offshore production of 250,000 barrels of oil per day. He served as Vice President of Merchandising of Ben Franklin Retail Stores, Inc. since 1991. Mr. Streu has been a Director of Condor Petroleum, Inc. since March 2011.

CEO Compensation
  • Don's compensation has increased whilst company is loss making.
  • Don's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Condor Petroleum management team in years:

11.6
Average Tenure
  • The average tenure for the Condor Petroleum management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Don Streu

TITLE
CEO, President & Director
COMPENSATION
CA$446K
AGE
87
TENURE
11.6 yrs

Sandy Quilty

TITLE
CFO, VP of Finance & Corporate Secretary
COMPENSATION
CA$380K
TENURE
12.5 yrs

William Hatcher

TITLE
Chief Operating Officer
COMPENSATION
CA$477K
TENURE
7.3 yrs

Norman Storm

TITLE
Managing Director of Kazakhstan
AGE
60
Board of Directors Tenure

Average tenure and age of the Condor Petroleum board of directors in years:

5.1
Average Tenure
74
Average Age
  • The tenure for the Condor Petroleum board of directors is about average.
Board of Directors

Dennis Balderston

TITLE
Independent Chairman of the Board
COMPENSATION
CA$51K
AGE
74
TENURE
1.2 yrs

Don Streu

TITLE
CEO, President & Director
COMPENSATION
CA$446K
AGE
87
TENURE
9 yrs

Andrew Judson

TITLE
Independent Director
AGE
51
TENURE
1.2 yrs

Werner Zoellner

TITLE
Independent Director
COMPENSATION
CA$43K
TENURE
9 yrs
Who owns this company?
Recent Insider Trading
  • Condor Petroleum individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
20. Mar 20 Buy Robert Disbrow Individual 19. Mar 20 19. Mar 20 2,500 CA$0.31 CA$763
28. Feb 20 Sell Robert Disbrow Individual 27. Feb 20 27. Feb 20 -17,500 CA$0.69 CA$-12,070
26. Feb 20 Sell Robert Disbrow Individual 25. Feb 20 25. Feb 20 -13,000 CA$0.70 CA$-9,070
25. Feb 20 Sell Robert Disbrow Individual 24. Feb 20 24. Feb 20 -25,000 CA$0.69 CA$-17,250
10. Feb 20 Sell Robert Disbrow Individual 07. Feb 20 07. Feb 20 -10,000 CA$0.68 CA$-6,800
11. Feb 20 Sell Robert Disbrow Individual 10. Feb 20 10. Feb 20 -19,500 CA$0.68 CA$-13,260
05. Feb 20 Sell Robert Disbrow Individual 04. Feb 20 04. Feb 20 -5,000 CA$0.71 CA$-3,550
04. Feb 20 Sell Robert Disbrow Individual 03. Feb 20 03. Feb 20 -12,500 CA$0.71 CA$-8,850
03. Feb 20 Sell Robert Disbrow Individual 31. Jan 20 31. Jan 20 -20,000 CA$0.70 CA$-14,000
31. Jan 20 Sell Robert Disbrow Individual 30. Jan 20 30. Jan 20 -2,500 CA$0.70 CA$-1,750
28. Jan 20 Sell Robert Disbrow Individual 27. Jan 20 27. Jan 20 -18,000 CA$0.68 CA$-12,240
24. Jan 20 Sell Robert Disbrow Individual 23. Jan 20 23. Jan 20 -27,000 CA$0.72 CA$-19,440
16. Jan 20 Sell Robert Disbrow Individual 14. Jan 20 15. Jan 20 -50,000 CA$0.72 CA$-35,968
14. Jan 20 Sell Robert Disbrow Individual 13. Jan 20 13. Jan 20 -50,000 CA$0.70 CA$-35,000
03. Jan 20 Sell Robert Disbrow Individual 02. Jan 20 02. Jan 20 -49,000 CA$0.70 CA$-34,143
24. Dec 19 Sell Robert Disbrow Individual 20. Dec 19 20. Dec 19 -1,000 CA$0.70 CA$-700
20. Dec 19 Sell Robert Disbrow Individual 19. Dec 19 19. Dec 19 -37,000 CA$0.67 CA$-24,890
18. Dec 19 Sell Robert Disbrow Individual 17. Dec 19 17. Dec 19 -5,000 CA$0.70 CA$-3,500
17. Dec 19 Sell Robert Disbrow Individual 16. Dec 19 16. Dec 19 -54,000 CA$0.70 CA$-37,811
16. Dec 19 Sell Robert Disbrow Individual 13. Dec 19 13. Dec 19 -40,000 CA$0.69 CA$-27,700
13. Dec 19 Sell Robert Disbrow Individual 12. Dec 19 12. Dec 19 -28,500 CA$0.72 CA$-20,350
12. Dec 19 Sell Robert Disbrow Individual 11. Dec 19 11. Dec 19 -72,500 CA$0.69 CA$-49,779
29. Nov 19 Buy Robert Disbrow Individual 28. Nov 19 28. Nov 19 500 CA$0.40 CA$200
27. Nov 19 Buy Robert Disbrow Individual 26. Nov 19 26. Nov 19 30,000 CA$0.40 CA$12,000
22. Nov 19 Buy Robert Disbrow Individual 21. Nov 19 21. Nov 19 7,500 CA$0.40 CA$3,000
21. Nov 19 Buy Robert Disbrow Individual 20. Nov 19 20. Nov 19 17,500 CA$0.40 CA$7,000
20. Nov 19 Buy Robert Disbrow Individual 15. Nov 19 19. Nov 19 19,000 CA$0.37 CA$7,030
15. Nov 19 Buy Robert Disbrow Individual 14. Nov 19 14. Nov 19 2,500 CA$0.35 CA$863
09. Oct 19 Buy Robert Disbrow Individual 08. Oct 19 08. Oct 19 3,500 CA$0.29 CA$1,015
21. Oct 19 Buy Robert Disbrow Individual 18. Oct 19 18. Oct 19 9,500 CA$0.32 CA$3,040
27. Sep 19 Buy Robert Disbrow Individual 26. Sep 19 27. Sep 19 29,000 CA$0.27 CA$7,598
26. Sep 19 Buy Robert Disbrow Individual 25. Sep 19 25. Sep 19 36,000 CA$0.26 CA$9,360
25. Sep 19 Buy Robert Disbrow Individual 24. Sep 19 24. Sep 19 163,500 CA$0.26 CA$43,082
22. May 19 Sell Robert Disbrow Individual 21. May 19 21. May 19 -29,000 CA$0.23 CA$-6,670
17. May 19 Sell Robert Disbrow Individual 16. May 19 16. May 19 -11,000 CA$0.23 CA$-2,530
15. May 19 Sell Robert Disbrow Individual 15. May 19 15. May 19 -2,500 CA$0.23 CA$-575
29. Apr 19 Buy William Hatcher Individual 25. Apr 19 25. Apr 19 250,000 CA$0.27 CA$67,472
11. Apr 19 Sell Robert Disbrow Individual 10. Apr 19 10. Apr 19 -2,000 CA$0.22 CA$-440
08. Apr 19 Buy Donald Streu Individual 05. Apr 19 05. Apr 19 19,500 CA$0.22 CA$4,290
05. Apr 19 Sell Robert Disbrow Individual 05. Apr 19 05. Apr 19 -38,000 CA$0.22 CA$-8,360
02. Apr 19 Sell Robert Disbrow Individual 02. Apr 19 02. Apr 19 -30,000 CA$0.21 CA$-6,225
X
Management checks
We assess Condor Petroleum'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. Condor Petroleum 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.

CPI News

Simply Wall St News

Are Insiders Buying Condor Petroleum Inc. (TSE:CPI) Stock?

So shareholders might well want to know whether insiders have been buying or selling shares in Condor Petroleum Inc. … TSX:CPI Recent Insider Trading, August 27th 2019 Insider Ownership of Condor Petroleum Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. … It appears that Condor Petroleum insiders own 19% of the company, worth about CA$1.1m.

Simply Wall St -

Is Condor Petroleum (TSE:CPI) Using Debt Sensibly?

Check out our latest analysis for Condor Petroleum What Is Condor Petroleum's Debt? … TSX:CPI Historical Debt, August 5th 2019 How Strong Is Condor Petroleum's Balance Sheet? … But you can't view debt in total isolation; since Condor Petroleum will need earnings to service that debt.

Simply Wall St -

Do Directors Own Condor Petroleum Inc. (TSE:CPI) Shares?

See our latest analysis for Condor Petroleum TSX:CPI Ownership Summary, July 10th 2019 What Does The Lack Of Institutional Ownership Tell Us About Condor Petroleum? … Insider Ownership Of Condor Petroleum While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. … General Public Ownership The general public -- mostly retail investors -- own 60% of Condor Petroleum.

Simply Wall St -

Does Condor Petroleum Inc.'s (TSE:CPI) CEO Pay Matter?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … See our latest analysis for Condor Petroleum How Does Don Streu's Compensation Compare With Similar Sized Companies? … pays its CEO, and compared it to the amount paid by similar sized companies.

Simply Wall St -

Easy Come, Easy Go: How Condor Petroleum Shareholders Got Unlucky And Saw 94% Of Their Cash Evaporate

We also note that the stock has performed poorly over the last year, with the share price down 68%. … Given that Condor Petroleum 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. … Over five years, Condor Petroleum grew its revenue at 30% per year.

Simply Wall St -

Is Condor Petroleum Inc. (TSE:CPI) A Financially Sound Company?

(TSE:CPI) is a small-cap stock with a market capitalization of CA$8.8m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Companies operating in the Oil and Gas industry,

Simply Wall St -

How Many Insiders Bought Condor Petroleum Inc. (TSE:CPI) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Condor Petroleum Inc. … The Last 12 Months Of Insider Transactions At Condor Petroleum. … In total, Condor Petroleum insiders bought more than they sold over the last year

Simply Wall St -

Is Condor Petroleum Inc's (TSE:CPI) CEO Salary Justified?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Don Streu's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Condor Petroleum Inc has a market cap of CA$9.3m, and is paying total annual CEO compensation of CA$375k.

Simply Wall St -

Does Market Volatility Impact Condor Petroleum Inc's (TSE:CPI) Share Price?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

Simply Wall St -

Do Insiders Own Lots Of Shares In Condor Petroleum Inc (TSE:CPI)?

A look at the shareholders of Condor Petroleum Inc (TSE:CPI) can tell us which group is most powerful. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … With a market capitalization of CA$8m, Condor Petroleum is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

CPI Company Info

Description

Condor Petroleum Inc., through its subsidiaries, engages in the exploration, development, and production of oil and gas properties. It owns 100% interests in the Poyraz Ridge and Destan operating licenses and gas fields located in the Gallipoli Peninsula in western Turkey. The company was incorporated in 2006 and is headquartered in Calgary, Canada.

Details
Name: Condor Petroleum Inc.
CPI
Exchange: TSX
Founded: 2006
CA$15,457,785
44,165,100
Website: http://www.condorpetroleum.com
Address: Condor Petroleum Inc.
144 – 4th Avenue SW,
Suite 2400,
Calgary,
Alberta, T2P 3N4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX CPI Common Shares The Toronto Stock Exchange CA CAD 12. Apr 2011
OTCPK CNPR.F Common Shares Pink Sheets LLC US USD 12. Apr 2011
DB 1CN1 Common Shares Deutsche Boerse AG DE EUR 12. Apr 2011
Number of employees
Current staff
Staff numbers
78
Condor Petroleum 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 04:30
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2019/11/14
Last earnings filing: 2020/03/18
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.