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
In this section, we usually try to help investors determine whether Terrace Energy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Terrace Energy has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Terrace Energy. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Terrace Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
Terrace Energy has negative assets, we can't compare the value of its assets to the DE Oil and Gas industry average.
Take a look at our analysis of 2TR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Terrace Energy's regulatory filings and announcements.
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 Terrace Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Terrace Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Terrace Energy's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Terrace Energy's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Terrace Energy is high growth as no earnings estimate data is available.
Unable to determine if Terrace Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Terrace Energy's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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.
TENURE AS CEO
Mr. William David Gibbs, also Known as Dave, has been the Chief Executive Officer and President of Terrace Energy Corp. since October 16, 2013 and February 17, 2012 respectively. Mr. Gibbs is an entrepreneurial Senior Executive in the independent up stream energy sector with more than 30 years experience in both technical and executive leadership roles. He served as Chief Executive Officer of Southern Star Energy Inc. since April 8, 2008 until April 14, 2010, its Interim Chief Financial Officer since December 23, 2009 until April 14, 2010, its President, Treasurer and Secretary since December 2007 until April 14, 2010. Mr. Gibbs founded Esperanza Ministries and serves as its President. He previously served as an Interim Chief Financial Officer of Southern Star Energy, Inc. until September 2008. Mr. Gibbs served as President of Medco Energy U.S. LLC (formerly Novus Louisiana) Lafayette LA from 2005 to November 2007. From 1992 to 2005, Mr. Gibbs held several senior management positions with TDC Energy, LLC including Vice President of Business Development since 1992 and President and Chief Executive Officer since 2000. He has a successful track record of creating, growing and monetizing a significant exploration and production company focused on the U.S. Gulf of Mexico, delivering outstanding shareholder returns. He has been Director of Terrace Energy Corp. since June 10, 2011. He served as a Director of Southern Star Energy Inc. from December 3, 2007 to April 14, 2010. He holds an Offshore Operators' Certification from the University of Southwestern Louisiana in 1979. He completed the Owner/President Management Program (Unit) at Harvard University in 2001. Mr. Gibbs received a Bachelor of Mechanical Engineering from the Georgia Institute of Technology in 1975.
Dave's compensation has been consistent with company performance over the past year, both up more than 20%.
Dave's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Terrace Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
CEO, President & Director
Chief Financial Officer
Vice President of Corporate Development
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Terrace Energy board of directors is about average.
Board of Directors
Chairman of the Board
CEO, President & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Terrace Energy Corp. engages in the acquisition, exploration, and development of conventional onshore oil and gas properties in the United States. It has an option to acquire a 50% working interest in the Maverick County project covering approximately 147,000 gross mineral acres located in Maverick County, Texas. The company was formerly known as Terrace Resources Inc. and changed its name to Terrace Energy Corp. in June 2011. Terrace Energy Corp. was incorporated in 2006 and is headquartered in Houston, Texas.
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