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Cequence Energy

TSX:CQE
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CQE
TSX
CA$4M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Cequence Energy Ltd. engages in the exploration for and the development of oil and natural gas reserves in Canada. The last earnings update was 18 days ago. More info.


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CQE Share Price and Events
7 Day Returns
7.1%
TSX:CQE
15.2%
CA Oil and Gas
11.4%
CA Market
1 Year Returns
-85.3%
TSX:CQE
-41.5%
CA Oil and Gas
-22%
CA Market
CQE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cequence Energy (CQE) 7.1% -65.1% -76.6% -85.3% -98.5% -99.6%
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
  • CQE underperformed the Oil and Gas industry which returned -41.5% over the past year.
  • CQE underperformed the Market in Canada which returned -22% over the past year.
Price Volatility
CQE
Industry
5yr Volatility vs Market

Value

 Is Cequence 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
  • It is not possible to calculate the future cash flow value for Cequence Energy. This is due to cash flow or dividend data being unavailable. The share price is CA$0.075.
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 Cequence Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cequence Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:CQE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.39
TSX:CQE Share Price ** TSX (2020-03-27) in CAD CA$0.08
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 Cequence Energy.

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

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

= 0.08 ÷ -0.39

-0.19x

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

  • Cequence Energy is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Cequence Energy is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Cequence Energy's expected growth come at a high price?
Raw Data
TSX:CQE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.19x
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 Cequence Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Cequence Energy's assets?
Raw Data
TSX:CQE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$3.71
TSX:CQE Share Price * TSX (2020-03-27) in CAD CA$0.08
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:CQE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.08 ÷ 3.71

0.02x

* Primary Listing of Cequence Energy.

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

  • Cequence Energy is good value based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Cequence 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. Cequence Energy has a total score of 1/6, 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.

Future Performance

 How is Cequence Energy 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 Cequence Energy 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
-3.9%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cequence Energy expected to grow at an attractive rate?
  • Unable to compare Cequence Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Cequence Energy's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Cequence Energy's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:CQE Future Growth Rates Data Sources
Data Point Source Value (per year)
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:CQE 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:CQE Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1
2020-12-31 4
2020-03-28
TSX:CQE Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 50 7 -13
2019-09-30 48 9 -13
2019-06-30 55 10 -10
2019-03-31 58 12 -10
2018-12-31 56 12 -10
2018-09-30 56 8 -13
2018-06-30 51 12 -16
2018-03-31 53 13 -108
2017-12-31 58 20 -99
2017-09-30 63 24 -102
2017-06-30 64 21 -100
2017-03-31 57 14 -17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Cequence Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Cequence 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:CQE 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 Cequence Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:CQE Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2020-03-28
TSX:CQE Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.39
2019-09-30 -0.46
2019-06-30 -0.43
2019-03-31 -0.51
2018-12-31 -0.61
2018-09-30 -0.98
2018-06-30 -1.32
2018-03-31 -8.82
2017-12-31 -8.09
2017-09-30 -8.38
2017-06-30 -8.50
2017-03-31 -1.50

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

Next steps:

  1. Take a look at our analysis of CQE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Cequence Energy'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. Cequence Energy'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 Cequence 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.
Cequence Energy 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.

Past Performance

  How has Cequence 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 Cequence 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.
  • Cequence 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 Cequence Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Cequence Energy's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Cequence 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 Cequence Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:CQE 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 49.85 -13.00 5.96
2019-09-30 48.21 -13.50 5.59
2019-06-30 55.31 -9.51 5.94
2019-03-31 58.06 -9.79 5.54
2018-12-31 56.23 -9.70 5.57
2018-09-30 55.79 -12.54 5.64
2018-06-30 50.88 -16.18 5.44
2018-03-31 52.58 -108.34 5.43
2017-12-31 57.89 -99.36 5.44
2017-09-30 63.43 -101.80 5.90
2017-06-30 64.47 -99.61 6.46
2017-03-31 56.73 -16.92 6.71
2016-12-31 50.73 -28.06 7.69
2016-09-30 47.61 -165.57 8.08
2016-06-30 52.07 -263.76 8.60
2016-03-31 61.92 -251.30 9.11
2015-12-31 68.60 -250.07 9.17
2015-09-30 79.00 -107.91 9.32
2015-06-30 87.82 65.56 9.40
2015-03-31 108.60 74.19 10.43
2014-12-31 131.65 79.37 11.36
2014-09-30 134.57 82.96 11.35
2014-06-30 129.53 8.04 11.62
2014-03-31 118.05 3.34 11.57
2013-12-31 95.90 -2.61 11.01
2013-09-30 89.46 -1.12 11.39
2013-06-30 85.13 -4.43 11.98
2013-03-31 73.18 -15.18 12.16

*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 Cequence 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 Cequence 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 Cequence 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 Cequence 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.
Cequence 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.

Health

 How is Cequence 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 Cequence Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cequence Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Cequence Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Cequence 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 0.3x 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 Cequence Energy Company Filings, last reported 2 months ago.

TSX:CQE Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 155.02 49.32 2.24
2019-09-30 148.67 49.27 3.91
2019-06-30 151.97 49.22 5.48
2019-03-31 148.61 60.00 7.65
2018-12-31 161.89 60.00 15.13
2018-09-30 156.04 60.00 14.31
2018-06-30 146.33 59.76 4.26
2018-03-31 149.07 59.55 8.65
2017-12-31 152.65 59.34 11.49
2017-09-30 159.08 59.13 8.00
2017-06-30 161.93 58.94 4.35
2017-03-31 256.53 58.74 13.18
2016-12-31 251.03 58.56 18.66
2016-09-30 250.70 58.37 5.83
2016-06-30 251.43 60.35 1.43
2016-03-31 263.50 58.02 7.28
2015-12-31 269.15 57.85 14.92
2015-09-30 415.55 57.68 23.98
2015-06-30 514.31 62.52 29.76
2015-03-31 513.75 57.36 4.38
2014-12-31 518.11 57.21 29.75
2014-09-30 522.15 57.06 81.29
2014-06-30 447.17 110.07 3.65
2014-03-31 437.48 83.52 3.43
2013-12-31 436.37 79.40 3.19
2013-09-30 435.26 49.22 3.39
2013-06-30 434.97 57.17 3.69
2013-03-31 412.18 41.03 4.00
  • Cequence Energy's level of debt (31.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (11% vs 31.8% today).
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.

  • Cequence Energy has less than a year of cash runway based on current free cash flow.
  • Cequence Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -47.6% each year.
X
Financial health checks
We assess Cequence 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. Cequence Energy has a total score of 1/6, 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.

Dividends

 What is Cequence 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 Cequence Energy dividends.
If you bought CA$2,000 of Cequence 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 Cequence Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Cequence 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:CQE 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%
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:CQE 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 Cequence Energy has not reported any payouts.
  • Unable to verify if Cequence Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Cequence Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Cequence 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 Cequence 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 Cequence Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cequence 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.

Management

 What is the CEO of Cequence 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
Todd Brown
COMPENSATION CA$591,211
TENURE AS CEO 3 years
CEO Bio

Mr. Todd Jason Brown, P.Eng has been the Chief Executive Officer of Cequence Energy Ltd. since March 2017 and served as its Chief Operating Officer from August 2014 to March 2017. Prior thereto from May 2014 until August 2014, Chief Operating Officer of Touchstone Exploration Inc. Prior thereto, from November 2011 until March, 2013, Vice President and Chief Operating Officer of Pace Oil & Gas Ltd. Prior thereto, from April 2002 to November 2011, Mr. Brown held various team lead positions at Encana Corporation both in Canada and in the United States. Mr. Brown is a professional engineer with excellent technical and operational experience as demonstrated in over 20 years in the oil and gas industry. He has held senior positions at both large and junior producers with a significant portion of his experience being at Encana where he served in a number of capacities including Asset Manager of the Haynesville project from early stage through commercial development. He has been a Director of Cequence Energy Ltd. since November 2017.

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

Average tenure of the Cequence Energy management team in years:

3
Average Tenure
  • The tenure for the Cequence Energy management team is about average.
Management Team

Todd Brown

TITLE
CEO & Director
COMPENSATION
CA$591K
TENURE
3 yrs

Allan Mowbray

TITLE
CFO & VP of Finance
TENURE
1 yrs

Erin Thorson

TITLE
Controller
COMPENSATION
CA$404K
TENURE
10.7 yrs

Kirk Litvenenko

TITLE
Corporate Secretary
Board of Directors Tenure

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

10.1
Average Tenure
62
Average Age
  • The average tenure for the Cequence Energy board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Don Archibald

TITLE
Independent Chairman
COMPENSATION
CA$48K
AGE
58
TENURE
10.7 yrs

Todd Brown

TITLE
CEO & Director
COMPENSATION
CA$591K
TENURE
4.2 yrs

Brian Felesky

TITLE
Independent Director
COMPENSATION
CA$42K
AGE
76
TENURE
9.5 yrs

Howard Crone

TITLE
Director
COMPENSATION
CA$41K
AGE
56
TENURE
10.7 yrs

Peter Bannister

TITLE
Independent Director
COMPENSATION
CA$42K
AGE
61
TENURE
10.7 yrs

Dan O'Neil

TITLE
Independent Director
AGE
63
TENURE
1 yrs

James Gray

TITLE
Director Emeritus
COMPENSATION
CA$103K
AGE
85
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
14. Aug 19 Buy Howard Crone Individual 13. Aug 19 13. Aug 19 20,000 CA$0.35 CA$7,000
04. Jul 19 Buy Howard Crone Individual 02. Jul 19 04. Jul 19 92,500 CA$0.35 CA$32,360
11. Jun 19 Buy Donald Archibald Individual 05. Jun 19 05. Jun 19 1,094,569 CA$0.35 CA$383,099
05. Jun 19 Buy Howard Crone Individual 05. Jun 19 05. Jun 19 760,431 CA$0.35 CA$266,151
27. May 19 Buy Allan Mowbray Individual 27. May 19 27. May 19 25,000 CA$0.45 CA$11,225
01. Apr 19 Buy Allan Mowbray Individual 01. Apr 19 01. Apr 19 25,000 CA$0.54 CA$13,500
X
Management checks
We assess Cequence 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. Cequence 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.

News

Simply Wall St News

How Many Cequence Energy Ltd. (TSE:CQE) Shares Did Insiders Buy, In The Last Year?

That means that even when the share price was higher than CA$0.65 (the recent price), an insider wanted to purchase shares. … Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. … In the last twelve months there was more buying than selling by Cequence Energy insiders

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Is Cequence Energy Ltd. (TSE:CQE) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like Cequence Energy Ltd. … However, an important fact which most ignore is: how financially healthy is the business? … in particular ones that run negative earnings,

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What Kind Of Shareholder Appears On The Cequence Energy Ltd.'s (TSE:CQE) Shareholder Register?

A look at the shareholders of Cequence Energy Ltd. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented.

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Are Insiders Buying Cequence Energy Ltd. (TSE:CQE) Stock?

Cequence Energy Insider Transactions Over The Last Year. … In the last twelve months, the biggest single purchase by an insider was when Executive VP & Director Howard Crone bought CA$719k worth of shares at a price of CA$0.70 per share. … Overall, Cequence Energy insiders were net buyers last year

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Is Cequence Energy Ltd's (TSE:CQE) CEO Overpaid Relative To Its Peers?

How Does Todd Brown's Compensation Compare With Similar Sized Companies. … Our data indicates that Cequence Energy Ltd is worth CA$19m, and total annual CEO compensation is CA$522k. … We examined a group of similar sized companies, with market capitalizations of below CA$264m

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Is Cequence Energy Ltd's (TSE:CQE) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like Cequence Energy Ltd (TSE:CQE), with a market cap of CA$17m. … However, an important fact which most ignore is: how financially healthy is the business?

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Does Cequence Energy Ltd's (TSE:CQE) CEO Salary Compare Well With Others?

Todd Brown took the reins as CEO of Cequence Energy Ltd's (TSE:CQE) and grew market cap to CA$22.10m recently. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor.

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What Investors Should Know About Cequence Energy Ltd's (TSE:CQE) Financial Strength

While small-cap stocks, such as Cequence Energy Ltd (TSE:CQE) with its market cap of CA$15.96m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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Why Cequence Energy Ltd (TSE:CQE) Could Be A Buy

Cequence Energy Ltd (TSX:CQE), an energy company based in Canada, saw a double-digit share price rise of over 10% in the past couple of months on the TSX. … Great news for investors – Cequence Energy is still trading at a fairly cheap price. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price.

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Should You Have Cequence Energy Ltd's (TSE:CQE) In Your Portfolio?

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … Therefore, this is a type of risk which is associated with higher beta. … I examine CQE’s ratio of fixed assets to total assets to see whether the company is highly exposed to the risk of this type of constraint.

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Company Info

Description

Cequence Energy Ltd. engages in the exploration for and the development of oil and natural gas reserves in Canada. It primarily focuses on the development of its Simonette asset located in the Alberta Deep Basin. The company was formerly known as Sabretooth Energy Ltd. and changed its name to Cequence Energy Ltd. in July 2009. Cequence Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.

Details
Name: Cequence Energy Ltd.
CQE
Exchange: TSX
Founded: 2000
CA$4,387,274
41,783,563
Website: http://www.cequence-energy.com
Address: Cequence Energy Ltd.
215 - 9th Avenue SW,
Suite 1400,
Calgary,
Alberta, T2P 1K3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX CQE Common Voting Shares The Toronto Stock Exchange CA CAD 24. Aug 2007
OTCPK CEQX.F Common Voting Shares Pink Sheets LLC US USD 24. Aug 2007
DB 3STB Common Voting Shares Deutsche Boerse AG DE EUR 24. Aug 2007
Number of employees
Current staff
Staff numbers
16
Cequence 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 02:36
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/03/12
Last earnings filing: 2020/03/10
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.