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Oryx Petroleum

TSX:OXC
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OXC
TSX
CA$61M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Oryx Petroleum Corporation Limited acquires, explores for, develops, and produces oil from oil and gas assets in West Africa and the Middle East. The last earnings update was 16 days ago. More info.


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OXC Share Price and Events
7 Day Returns
-13.3%
TSX:OXC
7%
CA Oil and Gas
7.1%
CA Market
1 Year Returns
-38.1%
TSX:OXC
-46%
CA Oil and Gas
-25.3%
CA Market
OXC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Oryx Petroleum (OXC) -13.3% -38.1% -45.8% -38.1% -59.4% -96.4%
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
  • OXC outperformed the Oil and Gas industry which returned -46% over the past year.
  • OXC underperformed the Market in Canada which returned -25.3% over the past year.
Price Volatility
OXC
Industry
5yr Volatility vs Market

OXC Value

 Is Oryx 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 Oryx Petroleum. This is due to cash flow or dividend data being unavailable. The share price is CA$0.13.
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 Oryx Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Oryx Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:OXC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.11
TSX:OXC Share Price ** TSX (2020-03-27) in CAD CA$0.13
TSX:OXC Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.711 $0.09
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 Oryx Petroleum.

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

= TSX:OXC Share Price ÷ EPS (both in USD)

= 0.09 ÷ -0.11

-0.82x

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

  • Oryx Petroleum is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Oryx Petroleum is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Oryx Petroleum's expected growth come at a high price?
Raw Data
TSX:OXC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.82x
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 Oryx Petroleum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Oryx Petroleum's assets?
Raw Data
TSX:OXC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $1.01
TSX:OXC Share Price * TSX (2020-03-27) in CAD CA$0.13
TSX:OXC Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.711 $0.09
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:OXC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:OXC Share Price ÷ Book Value per Share (both in USD)

= 0.09 ÷ 1.01

0.09x

* Primary Listing of Oryx Petroleum.

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

  • Oryx Petroleum is good value based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Oryx 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. Oryx Petroleum 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.

OXC Future Performance

 How is Oryx 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 Oryx 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 Oryx Petroleum expected to grow at an attractive rate?
  • Unable to compare Oryx Petroleum's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Oryx Petroleum's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Oryx Petroleum's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:OXC 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:OXC 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 USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:OXC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSX:OXC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 84 28 -59
2019-09-30 82 37 79
2019-06-30 78 32 55
2019-03-31 66 19 50
2018-12-31 55 8 44
2018-09-30 41 -5 -41
2018-06-30 30 -15 -42
2018-03-31 24 -15 -47
2017-12-31 21 -10 -39
2017-09-30 18 -4 -37
2017-06-30 17 -2 -40
2017-03-31 17 -1 -42

*GAAP earnings excluding extraordinary items.

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

TSX:OXC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSX:OXC Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.11
2019-09-30 0.15
2019-06-30 0.11
2019-03-31 0.10
2018-12-31 0.09
2018-09-30 -0.09
2018-06-30 -0.09
2018-03-31 -0.12
2017-12-31 -0.11
2017-09-30 -0.12
2017-06-30 -0.16
2017-03-31 -0.18

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

Next steps:

  1. Take a look at our analysis of OXC’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. Oryx 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. Oryx 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 Oryx 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.
Oryx 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.

OXC Past Performance

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

TSX:OXC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 84.27 -59.20 12.01
2019-09-30 81.79 78.90 12.71
2019-06-30 78.22 55.41 12.32
2019-03-31 65.92 49.57 11.31
2018-12-31 54.68 43.75 11.92
2018-09-30 41.27 -41.13 10.09
2018-06-30 30.34 -41.77 10.26
2018-03-31 24.30 -47.44 10.68
2017-12-31 20.92 -39.03 10.68
2017-09-30 18.31 -37.11 11.02
2017-06-30 16.56 -40.00 10.88
2017-03-31 16.53 -42.15 10.34
2016-12-31 12.77 -65.71 10.38
2016-09-30 9.28 -131.04 10.72
2016-06-30 8.01 -431.76 11.56
2016-03-31 9.59 -425.99 14.61
2015-12-31 12.07 -415.24 14.72
2015-09-30 15.79 -324.64 12.90
2015-06-30 19.46 -16.75 15.28
2015-03-31 14.74 -19.83 15.00
2014-12-31 11.59 -18.07 17.87
2014-09-30 6.97 -52.30 23.79
2014-06-30 0.81 -115.86 28.67
2014-03-31 -145.65 44.30
2013-12-31 -185.56 46.51
2013-09-30 -162.72 51.22
2013-06-30 -104.66 52.48
2013-03-31 -101.89 34.84

*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 Oryx 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 Oryx 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 Oryx 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 Oryx 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.
Oryx 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.

OXC Health

 How is Oryx 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 Oryx Petroleum's finances.

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

TSX:OXC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 559.05 79.88 10.06
2019-09-30 640.29 77.78 21.62
2019-06-30 615.03 80.76 18.10
2019-03-31 611.94 78.68 15.41
2018-12-31 609.54 76.62 14.99
2018-09-30 545.93 78.55 17.36
2018-06-30 546.85 80.24 21.61
2018-03-31 549.89 78.02 28.30
2017-12-31 554.38 75.85 38.84
2017-09-30 578.07 77.67 46.54
2017-06-30 583.53 75.48 57.65
2017-03-31 538.08 95.99 39.83
2016-12-31 528.55 93.10 41.01
2016-09-30 544.08 98.55 46.90
2016-06-30 550.33 95.24 56.66
2016-03-31 561.15 92.10 72.00
2015-12-31 539.13 97.12 54.53
2015-09-30 633.11 45.49 35.77
2015-06-30 950.92 43.64 58.24
2015-03-31 953.60 0.00 44.66
2014-12-31 960.60 0.00 116.11
2014-09-30 963.21 0.00 197.48
2014-06-30 754.25 0.00 55.22
2014-03-31 761.08 0.00 152.79
2013-12-31 766.03 0.00 311.53
2013-09-30 802.88 0.00 377.43
2013-06-30 863.72 0.00 437.47
2013-03-31 644.93 0.00 245.50
  • Oryx Petroleum's level of debt (14.3%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Oryx 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.

  • Oryx Petroleum has sufficient cash runway for 1.7 years based on current free cash flow.
  • Oryx Petroleum has less than a year of cash runway if free cash flow continues to reduce at historical rates of -52.3% each year.
X
Financial health checks
We assess Oryx 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. Oryx Petroleum has a total score of 2/6, 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.

OXC Dividends

 What is Oryx 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 Oryx Petroleum dividends.
If you bought CA$2,000 of Oryx 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 Oryx Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Oryx 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:OXC 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:OXC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Oryx Petroleum has not reported any payouts.
  • Unable to verify if Oryx Petroleum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Oryx Petroleum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Oryx 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 Oryx 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 Oryx Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Oryx 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.

OXC Management

 What is the CEO of Oryx 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
Vance Querio
COMPENSATION $1,472,280
TENURE AS CEO 4 years
CEO Bio

Mr. Vance Querio has been the Chief Executive Officer of Oryx Petroleum Corporation Limited since March 2016. Mr. Querio served as the Chief Operating Officer of Oryx Petroleum Corporation Limited since April 27, 2015 until March 2016. Mr. Querio joined Oryx Petroleum in March 2012 as West Africa Regional Manager until April 27, 2015. He served as Managing Director of Nigeria of Addax Petroleum Corporation since June 2006. He served as the Chairman and Managing Director of the Addax Petroleum companies in Nigeria from 2007 to June 2010. He is a Petroleum Engineer with over 30 years experience in petroleum exploration, development and operations. Mr. Querio spent 20 years with Chevron Corporation, in positions of increasing responsibility in Chevron's overseas operations, particularly in Angola and Nigeria. He became Vice President of an active non- conventional gas development company in the USA and an independent producer in Michigan's Niagaran reef play. Mr. Querio served as an Independent Non-Executive Director of Azonto Petroleum Ltd (alternate name, Rialto Energy Limited) from November 5, 2010 to June 12, 2013. He is a member and Director of the Swiss section of the Society of Petroleum Engineers and is also a member of the Association of International Petroleum Negotiators and American Association of Petroleum Geologists. He is a graduate in petroleum engineering from Texas A&M University in the United States.

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

Vance Querio

TITLE
Chief Executive Officer
COMPENSATION
$1M
TENURE
4 yrs

Scott Lewis

TITLE
Head of Corporate Finance & Planning
COMPENSATION
$577K
AGE
51

Kevin McPhee

TITLE
General Counsel & Corporate Secretary
COMPENSATION
$470K
TENURE
3.8 yrs
Board of Directors Tenure

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

3.8
Average Tenure
62.5
Average Age
  • The tenure for the Oryx Petroleum board of directors is about average.
Board of Directors

Jean Gandur

TITLE
Chairman
COMPENSATION
$3M
AGE
70
TENURE
7.3 yrs

Peter Newman

TITLE
Senior Independent Director
COMPENSATION
$117K
AGE
64

Bradford Camp

TITLE
Independent Director
COMPENSATION
$101K
AGE
47
TENURE
3.8 yrs

Peter Janele

TITLE
Independent Director
COMPENSATION
$58K
AGE
61
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
02. Mar 20 Buy Zeg Oil and Gas Ltd Company 16. Sep 19 16. Sep 19 6,711,444 CA$0.28 CA$1,887,912
28. Nov 19 Sell Scott Lewis Individual 27. Nov 19 28. Nov 19 -45,269 CA$0.21 CA$-9,078
22. Nov 19 Sell Scott Lewis Individual 18. Nov 19 18. Nov 19 -20,500 CA$0.20 CA$-4,100
08. Oct 19 Sell Scott Lewis Individual 03. Oct 19 03. Oct 19 -50,000 CA$0.23 CA$-11,500
24. Sep 19 Sell Scott Lewis Individual 20. Sep 19 23. Sep 19 -113,000 CA$0.24 CA$-24,361
20. Aug 19 Buy The Addax and Oryx Group Limited Company 19. Aug 19 19. Aug 19 23,901,430 CA$0.28 CA$6,742,593
X
Management checks
We assess Oryx 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. Oryx 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.

OXC News

Simply Wall St News

Oryx Petroleum Corporation Limited (TSE:OXC) Is Employing Capital Very Effectively

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Oryx Petroleum:0.097 = US$73m ÷ (US$822m - US$64m) (Based on the trailing twelve months to June 2019.) Therefore, Oryx Petroleum has an ROCE of 9.7%. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise. … With low levels of current liabilities, at least Oryx Petroleum's mediocre ROCE is not unduly boosted.

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Does Oryx Petroleum (TSE:OXC) Have A Healthy Balance Sheet?

TSX:OXC Historical Debt, August 6th 2019 How Healthy Is Oryx Petroleum's Balance Sheet? … Zooming in on the latest balance sheet data, we can see that Oryx Petroleum had liabilities of US$64.2m due within 12 months and liabilities of US$142.3m due beyond that. … Overall, it seems to us that Oryx Petroleum's balance sheet is really quite a risk to the business.

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Introducing Oryx Petroleum (TSE:OXC), The Stock That Collapsed 98%

While it may not be enough for some shareholders, we think it is good to see the Oryx Petroleum Corporation Limited (TSE:OXC) share price up 24% in a single quarter. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … A more detailed examination of the revenue and earnings may or may not explain why the share price languishes; there could be an opportunity.

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Before You Buy Oryx Petroleum Corporation Limited (TSE:OXC), Consider Its Volatility

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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What You Must Know About Oryx Petroleum Corporation Limited's (TSE:OXC) Financial Strength

While small-cap stocks, such as Oryx Petroleum Corporation Limited (TSE:OXC) with its market cap of CA$102m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is

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What Kind Of Share Price Volatility Should You Expect For Oryx Petroleum Corporation Limited (TSE:OXC)?

If you're interested in Oryx Petroleum Corporation Limited (TSE:OXC), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

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Are Oryx Petroleum Corporation Limited's (TSE:OXC) Interest Costs Too High?

Oryx Petroleum Corporation Limited (TSE:OXC) is a small-cap stock with a market capitalization of US$108.14m. … 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. … So, understanding the company's financial health becomes

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Analysts Expect Breakeven For Oryx Petroleum Corporation Limited (TSE:OXC)

Oryx Petroleum Corporation Limited's (TSE:OXC):. … Oryx Petroleum Corporation Limited acquires, explores, develops, and produces oil from oil and gas assets in West Africa and the Middle East. … With the latest financial year loss of -CA$39.03m and a trailing-twelve month of -CA$47.44m, the CA$103.15m market-cap amplifies its loss by moving further away from its breakeven target

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Oryx Petroleum Corporation Limited's (TSE:OXC) Earnings Dropped -12.56%, How Did It Fare Against The Industry?

In this article, I will take a look at Oryx Petroleum Corporation Limited's (TSX:OXC) most recent earnings update (31 March 2018) and compare these latest figures against its performance over the past few years, along with how the rest of OXC's industry performed. … For Oryx Petroleum, its latest trailing-twelve-month earnings is -US$47.44M, which, in comparison to last year’s figure, has become more negative. … TSX:OXC Income Statement May 24th 18 We can further assess Oryx Petroleum's loss by looking at what the industry has been experiencing over the past few years.

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What does Oryx Petroleum Corporation Limited's (TSE:OXC) Balance Sheet Tell Us About Its Future?

With this debt repayment, the current cash and short-term investment levels stands at US$38.84M , ready to deploy into the business. … At the current liabilities level of US$42.58M liabilities, it appears that the company has been able to meet these commitments with a current assets level of US$69.72M, leading to a 1.64x current account ratio. … OXC's risk around capital structure is low, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: OXC’s low debt is also met with low coverage.

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OXC Company Info

Description

Oryx Petroleum Corporation Limited acquires, explores for, develops, and produces oil from oil and gas assets in West Africa and the Middle East. It has interests in the Hawler license area located in the Kurdistan Region of Iraq; the AGC Central license located in Senegal and Guinea Bissau; and the Haute Mer B license in Congo. The company also provides administrative/technical services. As of December 31, 2018, it had proved plus probable oil reserves of approximately 127 million barrels. Oryx Petroleum Corporation Limited was founded in 2010 and is based in Calgary, Canada.

Details
Name: Oryx Petroleum Corporation Limited
OXC
Exchange: TSX
Founded: 2010
CA$60,772,982
552,481,662
Website: http://www.oryxpetroleum.com
Address: Oryx Petroleum Corporation Limited
3400 First Canadian Centre 350,
7 Avenue Southwest,
Calgary,
Alberta, T2J 2M2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX OXC Common Shares The Toronto Stock Exchange CA CAD 10. May 2013
OTCPK ORXP.F Common Shares Pink Sheets LLC US USD 10. May 2013
DB OYX Common Shares Deutsche Boerse AG DE EUR 10. May 2013
Number of employees
Current staff
Staff numbers
149
Oryx 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 03:54
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2019/01/02
Last earnings filing: 2020/03/12
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.