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Reconnaissance Energy Africa

DB:0XD
Snowflake Description

Excellent balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0XD
DB
CA$26M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in the exploration and development of oil and gas properties in Namibia. The last earnings update was 132 days ago. More info.


Add to Portfolio Compare Print
  • Reconnaissance Energy Africa has significant price volatility in the past 3 months.
0XD Share Price and Events
7 Day Returns
-8%
DB:0XD
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
-
DB:0XD
34.4%
DE Oil and Gas
-14.2%
DE Market
0XD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Reconnaissance Energy Africa (0XD) -8% -23.7% -38% - - -
DE Oil and Gas 8.7% -2.8% -19.4% 34.4% -14.7% 157%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • No trading data on 0XD.
  • No trading data on 0XD.
Price Volatility
Industry
5yr Volatility vs Market

0XD Value

 Is Reconnaissance Energy Africa 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 Reconnaissance Energy Africa. This is due to cash flow or dividend data being unavailable. The share price is €0.206.
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 Reconnaissance Energy Africa's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Reconnaissance Energy Africa's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0XD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-0.16
TSXV:RECO Share Price ** TSXV (2020-04-08) in CAD CA$0.36
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.5x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

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

** Primary Listing of Reconnaissance Energy Africa.

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

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

= 0.36 ÷ -0.16

-2.19x

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

  • Reconnaissance Energy Africa is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Reconnaissance Energy Africa is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Reconnaissance Energy Africa's expected growth come at a high price?
Raw Data
DB:0XD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*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 Reconnaissance Energy Africa, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Reconnaissance Energy Africa's assets?
Raw Data
DB:0XD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$0.12
TSXV:RECO Share Price * TSXV (2020-04-08) in CAD CA$0.36
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.01x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:0XD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.36 ÷ 0.12

3.02x

* Primary Listing of Reconnaissance Energy Africa.

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

  • Reconnaissance Energy Africa is overvalued based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Reconnaissance Energy Africa'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. Reconnaissance Energy Africa has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

0XD Future Performance

 How is Reconnaissance Energy Africa 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 Reconnaissance Energy Africa 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
13.8%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Reconnaissance Energy Africa expected to grow at an attractive rate?
  • Unable to compare Reconnaissance Energy Africa's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Reconnaissance Energy Africa's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Reconnaissance Energy Africa's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:0XD Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany 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
DB:0XD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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.
DB:0XD Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 0 -2
2018-12-31 0 0

*GAAP earnings excluding extraordinary items.

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

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

DB:0XD Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -0.16
2018-12-31 -0.04

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

Next steps:

  1. Examine Reconnaissance Energy Africa's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Reconnaissance Energy Africa'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. Reconnaissance Energy Africa'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 Reconnaissance Energy Africa'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.
Reconnaissance Energy Africa 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.

0XD Past Performance

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

DB:0XD 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 -1.94 0.42
2018-12-31 -0.23 0.17

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

0XD Health

 How is Reconnaissance Energy Africa'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 Reconnaissance Energy Africa's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Reconnaissance Energy Africa is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Reconnaissance Energy Africa has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Reconnaissance Energy Africa'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 6.5x 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 Reconnaissance Energy Africa Company Filings, last reported 6 months ago.

DB:0XD Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 7.32 0.41 2.64
2018-12-31 0.47 0.00
  • Reconnaissance Energy Africa's level of debt (5.6%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Reconnaissance Energy Africa'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.

  • Reconnaissance Energy Africa has sufficient cash runway for more than 3 years based on current free cash flow.
  • Reconnaissance Energy Africa has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 267.6% each year.
X
Financial health checks
We assess Reconnaissance Energy Africa'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. Reconnaissance Energy Africa has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

0XD Dividends

 What is Reconnaissance Energy Africa'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 Reconnaissance Energy Africa dividends.
If you bought €2,000 of Reconnaissance Energy Africa 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 Reconnaissance Energy Africa's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Reconnaissance Energy Africa'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:0XD 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
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Reconnaissance Energy Africa has not reported any payouts.
  • Unable to verify if Reconnaissance Energy Africa's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Reconnaissance Energy Africa's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Reconnaissance Energy Africa 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 Reconnaissance Energy Africa's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Reconnaissance Energy Africa afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Reconnaissance Energy Africa 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.

0XD Management

 What is the CEO of Reconnaissance Energy Africa'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
J. Park
AGE 60
TENURE AS CEO 0.7 years
CEO Bio

Mr. J. Jay Park, Q.C. has been Chief Executive Officer and Director of Reconnaissance Energy Africa Ltd. since August 30, 2019. Mr. Park is a Partner and serves as the Chairman of the Global Resources Practice Group at Macleod Dixon LLP. Mr. Park has been Strategic Advisor of Anatolia Energy Corp. since 2012. He served as Corporate Secretary of Anatolia Energy Corp. until 2012. During his career, he has advised oil & gas companies, NOC's and governments in over forty-five countries. He has been a Member of Technical Advisory Board at San Leon Canada Limited (formerly, Realm Energy International Corporation) since April 2011. Mr. Park served as Director of Caracal Energy Inc. (formerly Griffiths Energy International Inc.) since September 2, 2011. He instructs the International Petroleum Transactions course at the Faculty of Law, University of Calgary, and instructs private training programs on oil & gas regimes semi-annually in London and Houston. In 2006 and 2007, Mr. Park was recognized by the independent research partner of the International Bar Association as the world's leading oil & gas Lawyer.

CEO Compensation
  • Insufficient data for J. to compare compensation growth.
  • Insufficient data for J. to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

J. Park

TITLE
CEO & Director
AGE
60
TENURE
0.7 yrs

Carlos Escribano

TITLE
Chief Financial Officer
AGE
41

Anna Tudela

TITLE
CORPORATE SECRETARY
Board of Directors

J. Park

TITLE
CEO & Director
AGE
60
TENURE
0.7 yrs

Shiraz Dhanani

TITLE
Director
AGE
65
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Reconnaissance Energy Africa individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
25. Feb 20 Sell David Elliott Individual 20. Feb 20 20. Feb 20 -5,000 €0.59 €-2,973
11. Feb 20 Sell David Elliott Individual 10. Feb 20 10. Feb 20 -3,000 €0.56 €-1,689
06. Feb 20 Buy Carlos Escribano Individual 05. Feb 20 05. Feb 20 75,000 €0.46 €34,861
07. Feb 20 Buy David Elliott Individual 03. Feb 20 03. Feb 20 20,000 €0.46 €9,262
07. Feb 20 Sell David Elliott Individual 21. Jan 20 31. Jan 20 -8,500 €0.57 €-4,419
06. Feb 20 Buy Craig Steinke Individual 04. Feb 20 04. Feb 20 36,765 €0.46 €17,074
05. Feb 20 Buy David Elliott Individual 04. Feb 20 04. Feb 20 50,000 €0.46 €23,220
30. Jan 20 Sell Craig Steinke Individual 24. Jan 20 24. Jan 20 -35,000 €0.60 €-21,123
22. Jan 20 Sell Craig Steinke Individual 21. Jan 20 21. Jan 20 -76,000 €0.57 €-43,484
22. Jan 20 Sell Chester Idziszek Individual 17. Jan 20 17. Jan 20 -20,000 €0.48 €-9,655
19. Dec 19 Sell Craig Steinke Individual 18. Dec 19 18. Dec 19 -54,000 €0.33 €-17,556
15. Nov 19 Sell Craig Steinke Individual 14. Nov 19 14. Nov 19 -85,000 €0.36 €-30,296
12. Nov 19 Sell Craig Steinke Individual 07. Nov 19 11. Nov 19 -2,500 €0.52 €-1,267
04. Nov 19 Sell Craig Steinke Individual 30. Oct 19 30. Oct 19 -50,000 €0.27 €-13,643
04. Sep 19 Buy Ian Brown Individual 30. Aug 19 30. Aug 19 50,000 €0.14 €6,836
X
Management checks
We assess Reconnaissance Energy Africa'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. Reconnaissance Energy Africa 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.

0XD News

Simply Wall St News

0XD Company Info

Description

Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in the exploration and development of oil and gas properties in Namibia. It holds a 90% interest in a petroleum exploration license that covers an area of approximately 25,341.33 square kilometers located in Namibia. The company is based in Vancouver, Canada.

Details
Name: Reconnaissance Energy Africa Ltd.
0XD
Exchange: DB
Founded:
CA$16,782,670
70,975,645
Website: http://www.reconafrica.com
Address: Reconnaissance Energy Africa Ltd.
Guinness Tower,
Suite 300,
Vancouver,
British Columbia, V6E 2E9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV RECO Common Shares TSX Venture Exchange CA CAD 03. Sep 2019
OTCPK RECA.F Common Shares Pink Sheets LLC US USD 03. Sep 2019
DB 0XD Common Shares Deutsche Boerse AG DE EUR 03. Sep 2019
Number of employees
Current staff
Staff numbers
0
Reconnaissance Energy Africa employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 02:15
End of day share price update: 2020/04/08 00:00
Last earnings filing: 2019/11/29
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.