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Zargon Oil & Gas

TSX:ZAR
Snowflake Description

Fair value with acceptable track record.

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

Zargon Oil & Gas Ltd. explores for, develops, and produces oil and natural gas in Canada and the United States. The last earnings update was 10 days ago. More info.


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ZAR Share Price and Events
7 Day Returns
-9.1%
TSX:ZAR
7%
CA Oil and Gas
7.1%
CA Market
1 Year Returns
-92.9%
TSX:ZAR
-46%
CA Oil and Gas
-25.3%
CA Market
ZAR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zargon Oil & Gas (ZAR) -9.1% -50% -73.7% -92.9% -99.6% -99.9%
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
  • ZAR underperformed the Oil and Gas industry which returned -46% over the past year.
  • ZAR underperformed the Market in Canada which returned -25.3% over the past year.
Price Volatility
ZAR
Industry
5yr Volatility vs Market

ZAR Value

 Is Zargon Oil & Gas 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 Zargon Oil & Gas. This is due to cash flow or dividend data being unavailable. The share price is CA$0.05.
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 Zargon Oil & Gas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zargon Oil & Gas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:ZAR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$1.01
TSX:ZAR Share Price ** TSX (2020-03-27) in CAD CA$0.05
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 Zargon Oil & Gas.

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

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

= 0.05 ÷ 1.01

0.05x

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

  • Zargon Oil & Gas is good value based on earnings compared to the CA Oil and Gas industry average.
  • Zargon Oil & Gas is good value based on earnings compared to the Canada market.
Price based on expected Growth
Does Zargon Oil & Gas's expected growth come at a high price?
Raw Data
TSX:ZAR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0.05x
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 Zargon Oil & Gas, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zargon Oil & Gas's assets?
Raw Data
TSX:ZAR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$1.16
TSX:ZAR Share Price * TSX (2020-03-27) in CAD CA$0.05
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:ZAR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.05 ÷ 1.16

0.04x

* Primary Listing of Zargon Oil & Gas.

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

  • Zargon Oil & Gas is good value based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Zargon Oil & Gas'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. Zargon Oil & Gas has a total score of 3/6, 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.

ZAR Future Performance

 How is Zargon Oil & Gas 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 Zargon Oil & Gas 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 Zargon Oil & Gas expected to grow at an attractive rate?
  • Unable to compare Zargon Oil & Gas's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Zargon Oil & Gas's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Zargon Oil & Gas's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:ZAR 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:ZAR 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:ZAR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 29 2 23
2019-09-30 26 0 -5
2019-06-30 28 0 -5
2019-03-31 29 -1 -6
2018-12-31 30 1 -35
2018-09-30 35 4 -10
2018-06-30 35 3 -13
2018-03-31 34 1 -13
2017-12-31 34 2 -9
2017-09-30 35 0 -24
2017-06-30 38 3 -8
2017-03-31 40 5 -12

*GAAP earnings excluding extraordinary items.

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

TSX:ZAR Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 1.01
2019-09-30 -0.30
2019-06-30 -0.42
2019-03-31 -0.95
2018-12-31 -22.89
2018-09-30 -6.62
2018-06-30 -8.48
2018-03-31 -8.52
2017-12-31 -6.06
2017-09-30 -15.37
2017-06-30 -5.45
2017-03-31 -7.79

*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 Zargon Oil & Gas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Zargon Oil & Gas is trading at Zargon Oil & Gas'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Zargon Oil & Gas'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. Zargon Oil & Gas'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 Zargon Oil & Gas'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.
Zargon Oil & Gas 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.

ZAR Past Performance

  How has Zargon Oil & Gas 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 Zargon Oil & Gas'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.
  • Zargon Oil & Gas has delivered over 20% year on year earnings growth in the past 5 years.
  • Zargon Oil & Gas has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Zargon Oil & Gas has become profitable in the last year making it difficult to compare the CA Oil and Gas industry average.
Earnings and Revenue History
Zargon Oil & Gas'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 Zargon Oil & Gas Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:ZAR 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 29.27 22.54 2.95
2019-09-30 26.43 -5.11 3.15
2019-06-30 27.99 -4.85 3.30
2019-03-31 29.35 -5.96 3.50
2018-12-31 30.38 -35.37 3.64
2018-09-30 35.44 -10.21 3.79
2018-06-30 34.95 -13.07 3.96
2018-03-31 33.98 -13.10 4.14
2017-12-31 34.24 -9.31 4.35
2017-09-30 35.47 -23.57 3.07
2017-06-30 38.18 -8.34 5.06
2017-03-31 39.73 -11.90 5.40
2016-12-31 39.53 -20.18 6.04
2016-09-30 41.59 -58.70 8.51
2016-06-30 44.51 -111.59 7.67
2016-03-31 52.34 -110.08 8.39
2015-12-31 57.77 -106.14 9.40
2015-09-30 67.69 -42.11 10.19
2015-06-30 83.88 -0.84 12.40
2015-03-31 98.87 0.90 13.73
2014-12-31 118.49 5.95 14.14
2014-09-30 125.22 -6.66 14.49
2014-06-30 131.60 -9.10 13.41
2014-03-31 132.46 -5.95 13.37
2013-12-31 129.32 -5.90 13.22
2013-09-30 131.09 -10.88 13.49
2013-06-30 124.50 -12.55 14.08
2013-03-31 122.03 -3.14 13.24

*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.
  • Zargon Oil & Gas made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Zargon Oil & Gas used its assets more efficiently than the CA Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if Zargon Oil & Gas 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 Zargon Oil & Gas'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.
Zargon Oil & Gas has a total score of 3/6, 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.

ZAR Health

 How is Zargon Oil & Gas'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 Zargon Oil & Gas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zargon Oil & Gas's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Zargon Oil & Gas's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Zargon Oil & Gas'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 1.8x 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 Zargon Oil & Gas Company Filings, last reported 2 months ago.

TSX:ZAR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 26.60 4.12 4.86
2019-09-30 27.81 4.45 6.23
2019-06-30 28.62 4.72 6.73
2019-03-31 29.34 4.85 4.90
2018-12-31 -11.34 46.22 6.87
2018-09-30 16.93 41.30 4.90
2018-06-30 17.68 41.18 4.71
2018-03-31 19.16 41.06 4.56
2017-12-31 22.72 41.46 6.00
2017-09-30 26.19 41.41 7.64
2017-06-30 29.81 41.36 10.28
2017-03-31 33.70 41.24 10.21
2016-12-31 32.23 56.67 24.94
2016-09-30 51.86 86.27 28.67
2016-06-30 38.18 121.00 1.43
2016-03-31 43.28 120.22 1.46
2015-12-31 52.58 115.37 1.84
2015-09-30 108.39 107.09 1.87
2015-06-30 149.19 105.60 2.68
2015-03-31 155.67 104.46 2.31
2014-12-31 161.34 96.70 2.77
2014-09-30 157.91 112.86 2.48
2014-06-30 161.75 109.68 2.48
2014-03-31 169.56 103.33 1.77
2013-12-31 173.55 92.45 1.80
2013-09-30 182.51 97.00 1.43
2013-06-30 190.07 93.95 1.78
2013-03-31 192.70 95.60 1.50
  • Zargon Oil & Gas's level of debt (15.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (60% vs 15.5% today).
  • Debt is well covered by operating cash flow (54%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Zargon Oil & Gas's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Zargon Oil & Gas'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. Zargon Oil & Gas has a total score of 3/6, 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.

ZAR Dividends

 What is Zargon Oil & Gas'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 Zargon Oil & Gas dividends.
If you bought CA$2,000 of Zargon Oil & Gas 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 Zargon Oil & Gas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Zargon Oil & Gas'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:ZAR 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:ZAR Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2017-11-13 0.000 0.000
2017-08-09 0.000 0.000
2017-05-10 0.000 0.000
2017-03-15 0.000 0.000
2016-11-14 0.000 0.000
2016-08-10 0.000 0.000
2016-05-10 0.000 0.000
2016-03-07 0.000 0.000
2015-11-12 0.000 0.000
2015-10-15 2.400 8.721
2015-09-15 2.400 7.948
2015-08-17 2.400 7.415
2015-05-15 2.400 5.078
2015-03-11 7.200 11.027
2015-01-15 7.200 9.715
2014-10-15 14.400 14.923
2014-09-16 14.400 10.691
2014-08-15 14.400 9.207
2014-07-15 14.400 8.454
2014-03-12 14.400 7.910
2014-01-15 14.400 9.048
2013-10-15 14.400 9.143
2013-05-15 14.400 10.811
2013-03-13 14.400 10.525
2013-01-15 14.400 9.657
2012-09-17 14.400 8.569
2012-08-15 14.400 7.973
2012-03-15 24.000 11.863
2012-01-12 24.000 8.041
2011-09-12 24.000 8.867
2011-07-15 33.600 9.424
2011-06-15 33.600 7.879
2011-05-16 33.600 7.853
2011-01-19 33.600 7.527
2010-11-15 43.200 10.474
2010-10-15 43.200 10.819
2010-09-15 43.200 11.570
2010-08-16 43.200 12.012
2010-07-15 43.200 12.102
2010-06-15 43.200 11.879
2010-05-17 43.200 11.538
2010-04-15 43.200 10.680
2010-03-15 43.200 10.865
2010-02-16 43.200 10.778
2010-01-15 43.200 11.011
2009-12-16 43.200 11.198
2009-11-16 43.200 11.658
2009-10-16 43.200 11.961
2009-09-15 43.200 11.818
2009-08-17 43.200 12.202
2009-06-15 43.200 13.151
2009-05-15 43.200 13.792
2009-04-15 43.200 13.592

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

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

ZAR Management

 What is the CEO of Zargon Oil & Gas'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
Craig Hansen
COMPENSATION CA$281,611
AGE 62
TENURE AS CEO 27.2 years
CEO Bio

Mr. Craig Henry Hansen is Director of Journey Energy Inc. since June 13, 2019. Mr. Hansen is a Co-Founder of Zargon Oil & Gas Ltd and has been its Chief Executive Officer and President since 1993. Mr. Hansen founded C.H. Hansen Engineering Ltd. and served as its Principal. He was employed at NRG Engineering Ltd., as a Staff Engineer from 1980 to 1984 and served as a Reservoir Engineer at Dome Petroleum Ltd. from 1978 to 1980. He has been a Director of Zargon Oil & Gas Ltd. since 1992 and Canadian Association of Petroleum Producers. Mr. Hansen served as a Director of Lockerbie & Hole Inc. since 2007. He served as a Director of Wittke Inc. Mr. Hansen received a Bachelor of Science degree in Chemical Engineering from the University of Alberta in 1978 and is a Professional Engineer registered with the Association of Professional Engineers, Geologists and Geophysicists of Alberta.

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

Average tenure of the Zargon Oil & Gas management team in years:

7.9
Average Tenure
  • The average tenure for the Zargon Oil & Gas management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Craig Hansen

TITLE
Co-Founder
COMPENSATION
CA$282K
AGE
62
TENURE
27.2 yrs

Bill Cromb

TITLE
Chief Financial Officer
COMPENSATION
CA$182K
TENURE
3.3 yrs

Randy Doetzel

TITLE
Vice President of Operations
COMPENSATION
CA$250K
AGE
55
TENURE
8.8 yrs

Chris Hustad

TITLE
Vice President of Development
COMPENSATION
CA$228K
TENURE
7.1 yrs
Board of Directors Tenure

Average tenure and age of the Zargon Oil & Gas board of directors in years:

10.8
Average Tenure
62
Average Age
  • The average tenure for the Zargon Oil & Gas board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Kyle Kitagawa

TITLE
Independent Chairman of the Board
COMPENSATION
CA$45K
AGE
58
TENURE
2.8 yrs

Craig Hansen

TITLE
Co-Founder
COMPENSATION
CA$282K
AGE
62
TENURE
28.2 yrs

Jim Peplinski

TITLE
Independent Director
COMPENSATION
CA$31K
AGE
58
TENURE
23.2 yrs

Ron Wigham

TITLE
Independent Director
COMPENSATION
CA$36K
AGE
62
TENURE
4.7 yrs

Grant Zawalsky

TITLE
Independent Director
COMPENSATION
CA$29K
AGE
59
TENURE
20.2 yrs

Geoff Merritt

TITLE
Independent Director
COMPENSATION
CA$30K
AGE
64
TENURE
10.8 yrs

Glenn Koach

TITLE
Independent Director
AGE
63
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • Zargon Oil & Gas individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
19. Mar 20 Sell Randolph Doetzel Individual 16. Mar 20 16. Mar 20 -8,500 CA$0.05 CA$-382
10. Jan 20 Sell Randolph Doetzel Individual 09. Jan 20 09. Jan 20 -8,000 CA$0.21 CA$-1,720
23. Dec 19 Sell Randolph Doetzel Individual 23. Dec 19 23. Dec 19 -11,500 CA$0.20 CA$-2,242
11. Dec 19 Sell Randolph Doetzel Individual 10. Dec 19 10. Dec 19 -8,000 CA$0.20 CA$-1,560
11. Dec 19 Buy Craig Hansen Individual 10. Dec 19 10. Dec 19 54,500 CA$0.19 CA$10,355
03. Dec 19 Sell Randolph Doetzel Individual 07. Jun 19 02. Dec 19 -28,200 CA$0.42 CA$-6,390
29. Nov 19 Sell Randolph Doetzel Individual 27. Nov 19 27. Nov 19 -500 CA$0.19 CA$-95
26. Nov 19 Sell Randolph Doetzel Individual 21. Nov 19 21. Nov 19 -5,000 CA$0.18 CA$-900
26. Nov 19 Buy Craig Hansen Individual 25. Nov 19 26. Nov 19 137,000 CA$0.18 CA$24,586
25. Nov 19 Buy Craig Hansen Individual 21. Nov 19 22. Nov 19 111,000 CA$0.19 CA$20,378
18. Nov 19 Buy Craig Hansen Individual 15. Nov 19 18. Nov 19 117,500 CA$0.17 CA$19,569
03. Oct 19 Sell Randolph Doetzel Individual 30. Sep 19 30. Sep 19 -15,500 CA$0.35 CA$-5,348
17. Sep 19 Sell Randolph Doetzel Individual 13. Sep 19 13. Sep 19 -10,000 CA$0.35 CA$-3,500
20. Aug 19 Sell Randolph Doetzel Individual 16. Aug 19 19. Aug 19 -14,000 CA$0.37 CA$-5,110
11. Jul 19 Sell Randolph Doetzel Individual 10. Jul 19 11. Jul 19 -9,500 CA$0.35 CA$-3,320
02. Jul 19 Sell Craig Hansen Individual 02. Jul 19 02. Jul 19 -32,000 CA$0.36 CA$-11,552
20. Jun 19 Sell Randolph Doetzel Individual 18. Jun 19 18. Jun 19 -10,000 CA$0.40 CA$-4,000
X
Management checks
We assess Zargon Oil & Gas'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. Zargon Oil & Gas 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.

ZAR News

Simply Wall St News

Is Zargon Oil & Gas (TSE:ZAR) A Risky Investment?

You can click the graphic below for the historical numbers, but it shows that Zargon Oil & Gas had CA$4.85m of debt in March 2019, down from CA$41.1m, one year before However, its balance sheet shows it holds CA$4.90m in cash, so it actually has CA$45.0k net cash. … TSX:ZAR Historical Debt, July 11th 2019 How Healthy Is Zargon Oil & Gas's Balance Sheet? … The latest balance sheet data shows that Zargon Oil & Gas had liabilities of CA$6.19m due within a year, and liabilities of CA$71.1m falling due after that.

Simply Wall St -

Imagine Owning Zargon Oil & Gas (TSE:ZAR) And Taking A 99% Loss Square On The Chin

Zargon Oil & Gas Ltd (TSE:ZAR) shareholders should be happy to see the share price up 14% in the last month. … Indeed, the share price is down a whopping 99% in that time. … The important question is if the business itself justifies a higher share price in the long term.

Simply Wall St -

Is Zargon Oil & Gas Ltd (TSE:ZAR) Excessively Paying Its CEO?

How Does Craig Hansen's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below CA$262m. … Thus we can conclude that Craig Hansen receives more in total compensation than the median of a group of companies in the same market, and of similar size to Zargon Oil & Gas Ltd

Simply Wall St -

Who Owns Most Of Zargon Oil & Gas Ltd (TSE:ZAR)?

In this analysis, my focus will be on developing a perspective on Zargon Oil & Gas Ltd’s (TSE:ZAR) latest ownership structure, a less discussed, but important factor. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Therefore, it is beneficial for us to examine ZAR's ownership structure in more detail.

Simply Wall St -

Is Zargon Oil & Gas Ltd's (TSE:ZAR) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like Zargon Oil & Gas Ltd (TSE:ZAR), with a market cap of CA$14.04m. … However, an important fact which most ignore is: how financially healthy is the business? … especially ones that are currently loss-making,

Simply Wall St -

Zargon Oil & Gas Ltd (TSE:ZAR): Time For A Financial Health Check

How does ZAR’s operating cash flow stack up against its debt? … Moreover, ZAR has generated CA$2.48M in operating cash flow in the last twelve months, leading to an operating cash to total debt ratio of 5.99%, signalling that ZAR’s current level of operating cash is not high enough to cover debt. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: ZAR’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

ZAR Company Info

Description

Zargon Oil & Gas Ltd. explores for, develops, and produces oil and natural gas in Canada and the United States. It owns interests in Alberta Plains North, Alberta Plains South, and Williston Basin areas. The company was formerly known as Zargon Energy Trust and changed its name to Zargon Oil & Gas Ltd. in December 2010. Zargon Oil & Gas Ltd. was founded in 1987 and is headquartered in Calgary, Canada.

Details
Name: Zargon Oil & Gas Ltd.
ZAR
Exchange: TSX
Founded: 1987
CA$1,034,732
22,994,057
Website: http://www.zargon.ca
Address: Zargon Oil & Gas Ltd.
Sun Life Plaza,
East Tower,
Calgary,
Alberta, T2P 0H3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX ZAR Common Shares The Toronto Stock Exchange CA CAD 21. Oct 1993
OTCPK ZARF.F Common Shares Pink Sheets LLC US USD 21. Oct 1993
DB ZAGA Common Shares Deutsche Boerse AG DE EUR 21. Oct 1993
Number of employees
Current staff
Staff numbers
15
Zargon Oil & Gas 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 03:53
End of day share price update: 2020/03/27 00:00
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.