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Southern Energy

DB:0M11
Snowflake Description

Fair value with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0M11
DB
CA$2M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Southern Energy Corp. engages in the exploration, development, and production of petroleum and natural gas in Canada. The last earnings update was 123 days ago. More info.


Add to Portfolio Compare Print
  • Southern Energy has significant price volatility in the past 3 months.
0M11 Share Price and Events
7 Day Returns
0%
DB:0M11
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-
DB:0M11
21.9%
DE Oil and Gas
-17.7%
DE Market
0M11 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Southern Energy (0M11) 0% 0% - - -95% -99.5%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • No trading data on 0M11.
  • No trading data on 0M11.
Price Volatility
0M11
Industry
5yr Volatility vs Market

0M11 Value

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

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

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

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

DB:0M11 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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

Calculation of Discount Rate/ Cost of Equity for DB:0M11
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 26.5%) (1217.95%))
5.718
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:0M11 using 2 Stage Free Cash Flow to Equity Model

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

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

DB:0M11 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 1.20 Analyst x4 1.09
2021 1.60 Analyst x3 1.31
2022 1.89 Est @ 18.29% 1.40
2023 2.13 Est @ 12.69% 1.43
2024 2.32 Est @ 8.77% 1.41
2025 2.46 Est @ 6.02% 1.35
2026 2.56 Est @ 4.1% 1.27
2027 2.63 Est @ 2.75% 1.18
2028 2.68 Est @ 1.81% 1.09
2029 2.71 Est @ 1.15% 1.00
Present value of next 10 years cash flows CA$12.00
DB:0M11 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$2.71 × (1 + -0.39%) ÷ (10.49% – -0.39%)
CA$24.80
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$24.80 ÷ (1 + 10.49%)10
CA$9.15
DB:0M11 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$12.00 + CA$9.15
CA$21.15
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$21.15 / 223.77
CA$0.09
DB:0M11 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:0M11 represents 0.03333x of TSXV:SOU
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.03333x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 0.09 x 0.03333
€0.00
Value per share (EUR) From above. €0.00
Current discount Discount to share price of €0.00
= -1 x (€0.00 - €0.00) / €0.00
84.1%

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

Current Discount
Amount off the current price Southern Energy is available for.
Intrinsic value
>50%
Share price is €0.0005 vs Future cash flow value of €0.00315
Current Discount Checks
For Southern Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Southern Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Southern Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Southern Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Southern Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0M11 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-0.03
TSXV:SOU Share Price ** TSXV (2020-03-30) in CAD CA$0.02
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

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

** Primary Listing of Southern Energy.

DB:0M11 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:SOU Share Price ÷ EPS (both in CAD)

= 0.02 ÷ -0.03

-0.58x

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

  • Southern Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Southern Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Southern Energy's expected growth come at a high price?
Raw Data
DB:0M11 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
30.7%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*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 Southern Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Southern Energy's assets?
Raw Data
DB:0M11 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$0.08
TSXV:SOU Share Price * TSXV (2020-03-30) in CAD CA$0.02
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:0M11 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:SOU Share Price ÷ Book Value per Share (both in CAD)

= 0.02 ÷ 0.08

0.18x

* Primary Listing of Southern Energy.

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

  • Southern Energy is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Southern 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. Southern Energy 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.

0M11 Future Performance

 How is Southern Energy expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
30.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Southern Energy expected to grow at an attractive rate?
  • Unable to compare Southern Energy's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Southern Energy's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Southern Energy's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0M11 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0M11 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 30.7%
DB:0M11 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 17%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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
DB:0M11 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0M11 Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 26 5 -3 1
2020-12-31 19 4 -2 2
2020-03-30
2019-12-31 20 3 -4 3
DB:0M11 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 13 1 -6
2019-06-30 9 -2 -5
2019-03-31 5 -2 -4
2018-12-31 1 -2 -3
2018-09-30 0 0 0
2018-06-30 0 0 0
2018-03-31 1 0 -1
2017-12-31 1 0 -1
2017-09-30 1 0 -3
2017-06-30 1 0 -3
2017-03-31 1 0 -3
2016-12-31 1 0 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Southern Energy is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Southern Energy's revenue is expected to grow by 17% yearly, however this is not considered high growth (20% yearly).
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
DB:0M11 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Southern Energy Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0M11 Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 -0.01 -0.01 -0.01 1.00
2020-03-30
2019-12-31 -0.02 -0.02 -0.02 1.00
DB:0M11 Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -0.03
2019-06-30 -0.04
2019-03-31 -0.06
2018-12-31 -0.09
2018-09-30 0.00
2018-06-30 -0.01
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.12
2017-06-30 -0.12
2017-03-31 -0.12
2016-12-31 -0.13

*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 Southern Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Southern 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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Southern Energy has a total score of 1/6, 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.

0M11 Past Performance

  How has Southern 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 Southern 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.
  • Southern Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Southern Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Southern Energy's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Southern 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 Southern Energy Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0M11 Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 12.87 -5.80 5.43
2019-06-30 8.53 -4.72 4.28
2019-03-31 4.95 -4.37 3.06
2018-12-31 1.34 -2.70 2.10
2018-09-30 0.19 -0.08 0.14
2018-06-30 0.36 -0.25 0.33
2018-03-31 0.54 -0.52 0.50
2017-12-31 0.77 -0.61 0.64
2017-09-30 0.81 -2.96 0.71
2017-06-30 0.85 -2.95 0.71
2017-03-31 0.90 -2.89 0.72
2016-12-31 0.81 -3.03 0.75
2016-09-30 0.78 -2.35 0.87
2016-06-30 0.81 -2.34 0.86
2016-03-31 0.89 -2.28 0.88
2015-12-31 0.96 -2.13 0.94
2015-09-30 1.05 -0.67 0.82
2015-06-30 1.15 -0.61 0.83
2015-03-31 1.22 -0.74 0.99
2014-12-31 1.40 -0.68 0.91
2014-09-30 1.32 -1.79 1.40
2014-06-30 1.28 -2.02 1.57
2014-03-31 1.18 -2.50 1.98
2013-12-31 1.06 -2.87 2.26
2013-09-30 1.12 -3.52 1.62
2013-06-30 1.14 -3.79 2.10
2013-03-31 1.13 -3.40 1.82

*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 Southern 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 Southern Energy has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Southern 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 Southern 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.
Southern 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.

0M11 Health

 How is Southern 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 Southern Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Southern Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Southern Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Southern 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 0.2x 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 Southern Energy Company Filings, last reported 6 months ago.

DB:0M11 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 18.24 26.40 1.56
2019-06-30 19.06 26.99 1.55
2019-03-31 17.17 10.02 1.91
2018-12-31 18.91 21.01 2.33
2018-09-30 2.09 0.00 1.04
2018-06-30 2.22 0.00 1.03
2018-03-31 2.30 0.00 1.03
2017-12-31 2.41 0.00 0.92
2017-09-30 2.49 0.00 0.97
2017-06-30 2.67 0.00 1.05
2017-03-31 2.93 0.00 0.69
2016-12-31 3.01 0.00 0.73
2016-09-30 5.44 0.00 0.81
2016-06-30 5.60 0.00 0.85
2016-03-31 5.79 0.00 0.92
2015-12-31 6.00 0.00 1.01
2015-09-30 7.71 0.00 1.08
2015-06-30 7.85 0.00 1.06
2015-03-31 7.97 0.00 3.56
2014-12-31 7.97 0.00 4.28
2014-09-30 6.84 0.00 3.06
2014-06-30 6.94 0.00 3.02
2014-03-31 7.17 0.00 3.11
2013-12-31 7.20 0.00 3.88
2013-09-30 8.32 0.00 4.84
2013-06-30 8.80 0.00 4.86
2013-03-31 9.47 0.00 5.49
  • Southern Energy's level of debt (144.7%) compared to net worth is high (greater than 40%).
  • Unable to establish if Southern Energy's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

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

  • Southern Energy has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Southern Energy has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Southern 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. Southern Energy has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

0M11 Dividends

 What is Southern 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 Southern Energy dividends.
If you bought €2,000 of Southern Energy shares you are expected to receive €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 Southern Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Southern 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
DB:0M11 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 2 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

DB:0M11 Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-03-30
2019-12-31

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

  • Unable to perform a dividend volatility check as Southern Energy has not reported any payouts.
  • Unable to verify if Southern Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Southern Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Southern 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 Southern Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Southern Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Southern 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.

0M11 Management

 What is the CEO of Southern 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
Ian Atkinson
COMPENSATION CA$6,500
TENURE AS CEO 1.3 years
CEO Bio

Mr. Ian Kenneth Atkinson, MSc, P.Eng., has been President, Chief Executive Officer and Director at Southern Energy Corp. (formerly, Standard Exploration Ltd.) since December 11, 2018. He has been the Chief Executive Officer and President of Dixie Energy Ltd. an Administrator of Dixie Energy Trust since April 10, 2014. Mr. Atkinson served as Senior Vice President of Thermal Oil at Athabasca Oil Corporation from November 28, 2012 to October 2013. He served as a Vice President of Geosciences & Development at Athabasca Oil Sands Corp. Mr. Atkinson served as Vice President of Geoscience, Technology and Reservoir at Athabasca Oil Sands Corp. since November 2006. He served as Vice President of Engineering & Operations at Morpheus Energy from 2002 to 2006. He served at Talisman Energy Inc. & Renaissance Energy Ltd. He servedas Chairman of Dixie Energy Ltd., an Administrator of Dixie Energy Trust and has been its Director since January 30, 2013. He serves as Director of Dogtooth Investments Ltd. and Dixie Energy Holdings (Canada) Ltd. Mr. Atkinson holds MS in Chemical Engineering from University Of Calgary and BS in Petroleum Engineering from University Of Alberta.

CEO Compensation
  • Insufficient data for Ian to compare compensation growth.
  • Ian's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Southern Energy management team in years:

1.3
Average Tenure
  • The average tenure for the Southern Energy management team is less than 2 years, this suggests a new team.
Management Team

Ian Atkinson

TITLE
President
COMPENSATION
CA$7K
TENURE
1.3 yrs

Calvin Yau

TITLE
VP of Finance & CFO
COMPENSATION
CA$179K
TENURE
1.3 yrs

Jim McFadyen

TITLE
Vice President of Operations

Sony Gill

TITLE
Corporate Secretary
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure of the Southern Energy board of directors in years:

1.3
Average Tenure
  • The average tenure for the Southern Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bruce Beynon

TITLE
Chairman
TENURE
1.2 yrs

Ian Atkinson

TITLE
President
COMPENSATION
CA$7K
TENURE
1.3 yrs

R. Smith

TITLE
Independent Director
TENURE
1.3 yrs

Michael Kohut

TITLE
Independent Director
TENURE
1.3 yrs

Tamara MacDonald

TITLE
Independent Director
TENURE
1.3 yrs

Andrew McCreath

TITLE
Independent Director
TENURE
1.3 yrs

C. Smith

TITLE
Independent Director
TENURE
1.3 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 (€) Value (€)
10. Sep 19 Buy Ian Atkinson Individual 10. Sep 19 10. Sep 19 100,000 €0.04 €3,787
X
Management checks
We assess Southern 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. Southern 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.

0M11 News

Simply Wall St News

0M11 Company Info

Description

Southern Energy Corp. engages in the exploration, development, and production of petroleum and natural gas in Canada. Its principal properties consist of the Black Warrior Basin Assets covering an area of approximately 30,000 acres; and the Central Mississippi Assets covering an area of approximately 29,000 acres located in Mississippi. The company was formerly known as Standard Exploration Ltd. and changed its name to Southern Energy Corp. in January 2019. Southern Energy Corp. was incorporated in 2008 and is headquartered in Calgary, Canada.

Details
Name: Southern Energy Corp.
0M11
Exchange: DB
Founded: 2008
CA$1,434,469
223,770,279
Website: http://www.southernenergycorp.com
Address: Southern Energy Corp.
333 – 7th Avenue S.W.,
Suite 2400,
Calgary,
Alberta, T2P 2Z1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV SOU Common Shares TSX Venture Exchange CA CAD 06. Apr 2009
OTCPK MAXM.F Common Shares Pink Sheets LLC US USD 06. Apr 2009
DB 0M11 Common Shares Deutsche Boerse AG DE EUR 06. Apr 2009
Number of employees
Current staff
Staff numbers
20
Southern Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 21:49
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/26
Last earnings filing: 2019/11/28
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.