Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

East West Petroleum

DB:37A
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
37A
DB
CA$3M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

East West Petroleum Corp. engages in the acquisition, exploration, development, and production of oil and gas properties primarily in New Zealand and Romania. The last earnings update was 43 days ago. More info.


Add to Portfolio Compare Print
  • East West Petroleum has significant price volatility in the past 3 months.
37A Share Price and Events
7 Day Returns
122.2%
DB:37A
6.5%
DE Oil and Gas
2.1%
DE Market
1 Year Returns
-
DB:37A
28.1%
DE Oil and Gas
-16.6%
DE Market
37A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
East West Petroleum (37A) 122.2% -33.3% - - -89.8% -89.2%
DE Oil and Gas 6.5% -7.3% -23.7% 28.1% -18.9% 149.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • No trading data on 37A.
  • No trading data on 37A.
Price Volatility
37A
Industry
5yr Volatility vs Market

Value

 Is East West Petroleum undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for East West Petroleum. This is due to cash flow or dividend data being unavailable. The share price is €0.01.
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 East West Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are East West Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:37A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.01
TSXV:EW Share Price ** TSXV (2020-04-07) in CAD CA$0.04
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.51x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

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

** Primary Listing of East West Petroleum.

DB:37A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.04 ÷ -0.01

-4.74x

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

  • East West Petroleum is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • East West Petroleum is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does East West Petroleum's expected growth come at a high price?
Raw Data
DB:37A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.74x
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 1.22x

*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 East West Petroleum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on East West Petroleum's assets?
Raw Data
DB:37A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.06
TSXV:EW Share Price * TSXV (2020-04-07) in CAD CA$0.04
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:37A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.04 ÷ 0.06

0.6x

* Primary Listing of East West Petroleum.

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

  • East West Petroleum is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess East West Petroleum's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. East West Petroleum has a total score of 1/6, see the detailed checks below.

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

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

Future Performance

 How is East West Petroleum expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as East West Petroleum has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.1%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is East West Petroleum expected to grow at an attractive rate?
  • Unable to compare East West Petroleum's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare East West Petroleum's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare East West Petroleum's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:37A Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
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:37A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:37A Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 3 1 -1
2019-09-30 3 1 -1
2019-06-30 3 1 -1
2019-03-31 3 1 -1
2018-12-31 3 0 -2
2018-09-30 3 0 -1
2018-06-30 2 0 -1
2018-03-31 2 0 -1
2017-12-31 2 1 -7
2017-09-30 2 1 -8
2017-06-30 2 0 -8
2017-03-31 2 0 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if East West Petroleum is high growth as no earnings estimate data is available.
  • Unable to determine if East West Petroleum is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:37A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from East West Petroleum Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:37A Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.01
2019-09-30 -0.01
2019-06-30 -0.01
2019-03-31 -0.01
2018-12-31 -0.02
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.08
2017-09-30 -0.09
2017-06-30 -0.08
2017-03-31 -0.07

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

Next steps:

  1. Examine East West Petroleum'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. East West Petroleum's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. East West Petroleum's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess East West Petroleum's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the 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.
East West Petroleum has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

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

Past Performance

  How has East West Petroleum performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare East West Petroleum's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • East West Petroleum does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare East West Petroleum's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare East West Petroleum's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
East West Petroleum's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from East West Petroleum Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:37A 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 2.59 -0.66 0.55
2019-09-30 2.60 -1.10 0.60
2019-06-30 3.07 -0.83 0.60
2019-03-31 2.76 -1.34 0.79
2018-12-31 2.75 -2.17 0.73
2018-09-30 2.61 -1.13 0.79
2018-06-30 2.30 -1.11 0.79
2018-03-31 1.92 -0.79 0.64
2017-12-31 2.06 -7.10 0.75
2017-09-30 2.14 -7.82 0.83
2017-06-30 2.07 -7.54 0.93
2017-03-31 2.16 -6.30 0.92
2016-12-31 2.10 -1.13 0.99
2016-09-30 2.17 -1.79 1.06
2016-06-30 2.69 -2.20 1.33
2016-03-31 3.34 -3.87 1.62
2015-12-31 4.09 -3.70 1.79
2015-09-30 4.88 -4.63 2.66
2015-06-30 5.92 -3.74 2.61
2015-03-31 6.55 -6.58 5.18
2014-12-31 8.54 -9.44 5.15
2014-09-30 7.12 -8.13 4.33
2014-06-30 5.16 -9.07 4.38
2014-03-31 3.39 -6.29 2.36
2013-12-31 0.17 -2.05 2.54
2013-09-30 0.17 -1.68 2.63
2013-06-30 0.17 -1.98 2.89

*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 East West Petroleum has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if East West Petroleum 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 East West Petroleum improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess East West Petroleum's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
East West Petroleum has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

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

Health

 How is East West Petroleum's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up East West Petroleum's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • East West Petroleum is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • East West Petroleum's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of East West Petroleum's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • East West Petroleum has no debt, it does not need to be covered by short term assets.
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 East West Petroleum Company Filings, last reported 3 months ago.

DB:37A Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 5.24 0.00 4.15
2019-09-30 5.07 0.00 3.72
2019-06-30 5.78 0.00 3.82
2019-03-31 5.83 0.00 3.66
2018-12-31 5.83 0.00 3.84
2018-09-30 6.10 0.00 3.84
2018-06-30 6.71 0.00 4.20
2018-03-31 7.24 0.00 4.03
2017-12-31 7.92 0.00 4.04
2017-09-30 6.39 0.00 3.22
2017-06-30 6.33 0.00 4.50
2017-03-31 7.23 0.00 5.91
2016-12-31 15.09 0.00 6.60
2016-09-30 15.69 0.00 6.83
2016-06-30 14.48 0.00 7.73
2016-03-31 13.15 0.00 7.69
2015-12-31 15.63 0.00 7.98
2015-09-30 15.71 0.00 8.12
2015-06-30 16.32 0.00 8.10
2015-03-31 17.92 0.00 8.40
2014-12-31 20.22 0.00 8.09
2014-09-30 20.76 0.00 9.32
2014-06-30 21.68 0.00 8.26
2014-03-31 24.93 0.00 12.27
2013-12-31 31.35 0.00 16.11
2013-09-30 34.37 0.00 20.15
2013-06-30 31.45 0.00 19.53
  • East West Petroleum has no debt.
  • East West Petroleum has not taken on any debt in the past 5 years.
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.

  • East West Petroleum has sufficient cash runway for more than 3 years based on current free cash flow.
  • East West Petroleum has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -45.8% each year.
X
Financial health checks
We assess East West Petroleum's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. East West Petroleum has a total score of 6/6, 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.

Dividends

 What is East West Petroleum's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from East West Petroleum dividends.
If you bought €2,000 of East West Petroleum 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 East West Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate East West Petroleum's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:37A 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 8.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

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 East West Petroleum has not reported any payouts.
  • Unable to verify if East West Petroleum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of East West Petroleum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as East West Petroleum has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess East West Petroleum'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 East West Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. East West Petroleum has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of East West Petroleum's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Nick DeMare
COMPENSATION CA$73,750
AGE 65
TENURE AS CEO 1.1 years
CEO Bio

Mr. Nick DeMare, CPA, CA, has been the Chief Executive Officer of Rochester Resources Ltd. since March 14, 2018 and has been its Director since June 8, 2007. Mr. DeMare was Director of Meridius Resources Limited since August 1, 2017 until October 01, 2018 and its Chief Financial Officer since December 13, 2017 until November 2018. He served as the Chairman of Rochester Resources Ltd. since June 8, 2007 until March 14, 2018. Mr. DeMare serves as the Chief Financial Officer and Corporate Secretary at Leading Edge Materials Corp. He was the Chief Financial Officer at Seaway Energy Services Inc. since October 19, 2016 until November 2018 and served as its Corporate Secretary until November 2018. Mr. DeMare was Chief Financial Officer of Advantage Lithium Corp. since August 29, 2016 until October 1, 2018 and was its Corporate Secretary since May 22, 2015 until October 1, 2018 and was its Director since April 2017 until October 1, 2018. He serves as the Chief Financial Officer of Tasman Metals Ltd. Mr. DeMare serves as the Chief Financial Officer and Corporate Secretary at Aguila American Gold Limited (also known as Aguila American Resources Ltd.). He has been the Chief Financial Officer at Kingsmen Resources Ltd. (formerly, Tumi Resources) since June 21, 2011. Mr. DeMare was Chief Financial Officer at GGL Resources Corp. until October 31, 2017 and served as its Secretary until October 2017. He served as President at Hannan Metals Ltd. (also known as Mitchell Resources Ltd. and Kola Mining Corp.) since December 17, 2013 until January 25, 2019. Mr. DeMare is a Co-Owner at 888 Capital Corp. He is an Interim Chief Executive Officer at East West Petroleum Corp since March 14, 2019. He has been the Chief Financial Officer at East West Petroleum Corp. since July 19, 2010 and has been Secretary since June 2013. Mr. DeMare has been the Chief Financial Officer and Secretary at Hansa Resources Ltd. since March 31, 2009. He serves as the Chief Financial Officer at Leading Edge Materials Corporation (formally known as Flinders Resources Limited). Mr. DeMare has been the Chief Financial Officer and Director at Tinka Resources Ltd. since October 15, 2002. He has been Interim Chief Financial Officer of Altair Resources Inc. since June 2017. Mr. DeMare served as Secretary of Salazar Resources Limited since March 9, 2007. He has been the President of Chase Management Ltd since May 1991. Mr. DeMare is an Owner at DNG Capital Corp. (USA). He has been Chief Financial Officer at Halo Resources Ltd. since July 4, 2003. Mr. DeMare serves as a Consultant at Panthera Exploration Inc. He has been the Chief Financial Officer at Rockshield Capital Corp. (alternate name, CuOro Resources Corp.) since June 14, 2010 and serves as its Company Secretary. Mr. DeMare has been the Chief Financial Officer and Executive Director of Mawson Resources Limited since December 19, 2007 and March 10, 2004 respectively. He served as the Chief Financial Officer at Darwin Resources Corp. since October 17, 2011. Mr. DeMare served as Chief Financial Officer at Mawson Resources Limited from July 22, 2004 to September 16, 2004. He served as a Corporate Secretary of Altair Resources Inc. (alternative name Altair Gold Inc.) since May 1, 2016 until June 2017. Mr. DeMare served as Corporate Secretary at SKRR Exploration Inc. (Formerly Canex Energy Corp.) since July 19, 2016 until May 25, 2017 and served as its Chief Financial Officer and Director from January 9, 2017 to May 25, 2017. He was employed as a General Practice Manager with Coopers &Lybrand, Chartered Accountants. Mr. DeMare served as the Chief Financial Officer and Secretary at Astur Gold Corp. from April 14, 2010 to August 9, 2016. He served as Corporate Secretary of Batero Gold Corp. and served as its Chief Financial Officer from July 22, 2010 to December 31, 2012. Mr. DeMare served as Secretary of Tembo Gold Corp. since July 15, 2011. He served as the Chief Financial Officer and Corporate Secretary at Caymus Resources Inc. from September 2013 to January 17, 2014. Previously, Mr. DeMare served as Company Secretary at Rocksheild Capital Corp. since June 14, 2010. He served as the Chief Financial Officer at Tasex Capital Limited since February 22, 2012. Mr. DeMare served as the Chief Financial Officer of Ava Resources Corp. from August 2010 to March 27, 2012. He served as Chief Financial Officer and Corporate Secretary at Black Dragon Gold Corp. from April 14, 2010 to August 09, 2016. Mr. DeMare served as Consultant of Iron South Mining Corp. He served as Chief Financial Officer and Secretary of North South Petroleum Corp. (alternate name, Valor Ventures Inc.) from March 1, 2007 to January 13, 2010. Mr. DeMare served as the Chief Financial Officer of Mitchell Resources Ltd. from September 24, 2003 to March 9, 2010 and served as its Secretary until December 2011. He served as Chief Financial Officer and Secretary at JG Capital Corp. since December 14, 2007. Mr. DeMare served as the Chief Financial Officer at Versapay Corporation until January 12, 2011. He served as the Chief Financial Officer of Cliffmont Resources Ltd. from May 6, 2008 to May 1, 2010. Mr. DeMare served as the Chief Executive Officer, Chief Financial Officer and Secretary of Lumex Capital Corp. and served as its President since February 26, 2008. He served as the Chief Financial Officer and Consultant of IMA Exploration Inc. Mr. DeMare served as Secretary at Andean American Mining Corporation since December 1995. He served as the Chief Financial Officer of Ecometals Ltd. until June 2007 and served as its Secretary, Corporate Controller and Vice President. Mr. DeMare served as an Owner of Chase Management Ltd. and served as its Chief Executive Officer and Principal since May 1991. He served as Secretary, Treasurer and Chief Financial Officer of TransAtlantic Capital Inc. (alternate name, ACRO Inc.) from May 22, 2002 to March 15, 2006. Mr. DeMare served as the President and Chief Executive Officer at Gold Point Energy Corp. from August 22, 2003 to April 19, 2005 and served as its Chief Financial Officer until April 28, 2008. He served as the Chief Executive Officer and President at Halo Resources Ltd. from July 4, 2003 to February 2005 and served as its Chief Financial Officer since July 4, 2003 and previously, he served as its Acting Chief Financial Officer. He served as the Chief Executive Officer, President, Treasurer and Secretary at Global Energy Inc. from September 30, 2002 to July 1, 2005 and served as its Principal Financial Officer until April 28, 2008 and Principal Accounting Officer. Mr. DeMare served as an Acting Chief Financial Officer at Aguila American Gold Limited. He served as President, Chief Executive Officer, Chief Financial Officer and Corporate Secretary at Baradero Resources Ltd. since September 24, 2003. Mr. DeMare served as Acting Chief Financial Officer and Chief Executive Officer at Rochester Resources Ltd. since July 4, 2003 and its President from July 4, 2003 to June 2005. He

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

Nick DeMare

TITLE
Inerim CEO
COMPENSATION
CA$74K
AGE
65
TENURE
1.1 yrs
Board of Directors Tenure

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

2.2
Average Tenure
55
Average Age
  • The average tenure for the East West Petroleum board of directors is less than 3 years, this suggests a new board.
Board of Directors

Nick DeMare

TITLE
Inerim CEO
COMPENSATION
CA$74K
AGE
65
TENURE
10.3 yrs

Ross McElroy

TITLE
Independent Director
COMPENSATION
CA$6K
AGE
55
TENURE
3.4 yrs

Mark Brown

TITLE
Independent Director
AGE
51
TENURE
1 yrs

Kevin Haney

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by East West Petroleum individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
11. Mar 20 Buy Kevin Haney Individual 11. Mar 20 11. Mar 20 20,000 €0.02 €388
19. Dec 19 Buy Nick DeMare Individual 19. Dec 19 19. Dec 19 3,000 €0.03 €92
25. Oct 19 Buy Nick DeMare Individual 25. Oct 19 25. Oct 19 1,000 €0.03 €31
X
Management checks
We assess East West Petroleum's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. East West Petroleum has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

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

News

Simply Wall St News

Company Info

Description

East West Petroleum Corp. engages in the acquisition, exploration, development, and production of oil and gas properties primarily in New Zealand and Romania. It holds interest in a 30% interest in the Cheal-E site mining permit in the Taranaki Basin, New Zealand; and four exploration blocks covering an area of 4,079 square kilometres in Romania. The company was formerly known as Avere Energy Inc. and changed its name to East West Petroleum Corp. in August 2010. East West Petroleum Corp. was incorporated in 1987 and is based in Vancouver, Canada.

Details
Name: East West Petroleum Corp.
37A
Exchange: DB
Founded: 1987
CA$2,049,535
89,585,665
Website: http://www.eastwestpetroleum.ca
Address: East West Petroleum Corp.
1090 West Georgia Street,
Suite 1305,
Vancouver,
British Columbia, V6E 3V7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV EW Common Shares TSX Venture Exchange CA CAD 06. Mar 1992
OTCPK EWPM.F Common Shares Pink Sheets LLC US USD 06. Mar 1992
DB 37A Common Shares Deutsche Boerse AG DE EUR 06. Mar 1992
Number of employees
Current staff
Staff numbers
0
East West Petroleum employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 23:03
End of day share price update: 2020/04/07 00:00
Last earnings filing: 2020/02/24
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


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.