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CruzSur Energy

DB:56PQ
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
56PQ
DB
CA$7M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

CruzSur Energy Corp. operates as an oil and gas company in Latin America. The last earnings update was 141 days ago. More info.


Add to Portfolio Compare Print
  • CruzSur Energy has significant price volatility in the past 3 months.
56PQ Share Price and Events
7 Day Returns
-4.2%
DB:56PQ
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
27.8%
DB:56PQ
34.4%
DE Oil and Gas
-14.2%
DE Market
56PQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CruzSur Energy (56PQ) -4.2% -4.2% -52.1% 27.8% - -
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
  • 56PQ underperformed the Oil and Gas industry which returned 34.4% over the past year.
  • 56PQ outperformed the Market in Germany which returned -14.2% over the past year.
Price Volatility
56PQ
Industry
5yr Volatility vs Market

56PQ Value

 Is CruzSur 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
  • It is not possible to calculate the future cash flow value for CruzSur Energy. This is due to cash flow or dividend data being unavailable. The share price is €0.115.
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 CruzSur Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CruzSur Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:56PQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-1.30
TSXV:CZR Share Price ** TSXV (2020-04-08) in CAD CA$0.2
TSXV:CZR Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.714 $0.14
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 CruzSur Energy.

DB:56PQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:CZR Share Price ÷ EPS (both in USD)

= 0.14 ÷ -1.30

-0.11x

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

  • CruzSur Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • CruzSur Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does CruzSur Energy's expected growth come at a high price?
Raw Data
DB:56PQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.11x
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 CruzSur Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CruzSur Energy's assets?
Raw Data
DB:56PQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.24
TSXV:CZR Share Price * TSXV (2020-04-08) in CAD CA$0.2
TSXV:CZR Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.714 $0.14
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:56PQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CZR Share Price ÷ Book Value per Share (both in USD)

= 0.14 ÷ 0.24

0.6x

* Primary Listing of CruzSur Energy.

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

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

56PQ Future Performance

 How is CruzSur Energy 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 CruzSur 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 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 CruzSur Energy expected to grow at an attractive rate?
  • Unable to compare CruzSur Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare CruzSur Energy's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare CruzSur Energy's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:56PQ 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:56PQ 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 USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:56PQ Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:56PQ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 2 -1 -33
2019-06-30 2 -1 -32
2019-03-31 3 -2 -60
2018-12-31 5 -3 -61
2018-09-30 6 -6 -29
2018-06-30 7 -8 -36
2018-03-31 5 -7 -16
2017-12-31 3 -7 -16
2016-12-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if CruzSur Energy is high growth as no earnings estimate data is available.
  • Unable to determine if CruzSur 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.
Raw Data
DB:56PQ 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 CruzSur Energy Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:56PQ Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:56PQ Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -1.30
2019-06-30 -1.32
2019-03-31 -2.48
2018-12-31 -2.53
2018-09-30 -1.20
2018-06-30 -1.52
2018-03-31 -0.75
2017-12-31 -0.83
2016-12-31

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

Next steps:

  1. Examine CruzSur Energy'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. CruzSur Energy'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. CruzSur Energy'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 CruzSur 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.
CruzSur Energy 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.

56PQ Past Performance

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

DB:56PQ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 2.10 -32.67 4.61
2019-06-30 1.91 -32.07 4.52
2019-03-31 3.44 -60.09 4.44
2018-12-31 5.25 -61.24 5.65
2018-09-30 6.22 -29.12 6.61
2018-06-30 7.00 -36.00 13.53
2018-03-31 5.04 -15.70 14.95
2017-12-31 2.87 -15.75 14.57
2016-12-31 -0.52 0.52
2015-12-31 0.00 0.00

*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 CruzSur 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 CruzSur 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 CruzSur 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 CruzSur 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.
CruzSur 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.

56PQ Health

 How is CruzSur 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 CruzSur Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CruzSur Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CruzSur Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CruzSur 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 covered by short term assets, assets are 3.5x 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 CruzSur Energy Company Filings, last reported 6 months ago.

DB:56PQ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 6.83 1.70 1.10
2019-06-30 7.55 1.69 1.73
2019-03-31 3.70 0.00 1.51
2018-12-31 4.49 0.00 1.62
2018-09-30 37.24 0.00 2.17
2018-06-30 38.73 0.00 5.45
2018-03-31 63.22 0.00 10.39
2017-12-31 65.06 0.00 9.36
2016-12-31 -0.53 0.00
2015-12-31 0.00 0.00
  • CruzSur Energy's level of debt (24.9%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if CruzSur 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.

  • CruzSur Energy has less than a year of cash runway based on current free cash flow.
  • CruzSur Energy has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 12.9% each year.
X
Financial health checks
We assess CruzSur 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. CruzSur Energy has a total score of 4/6, 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.

56PQ Dividends

 What is CruzSur 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 CruzSur Energy dividends.
If you bought €2,000 of CruzSur 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 CruzSur Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CruzSur 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:56PQ 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.

DB:56PQ Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

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

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

56PQ Management

 What is the CEO of CruzSur 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
Serafino Iacono
COMPENSATION $0
AGE 58
TENURE AS CEO 0.8 years
CEO Bio

Mr. Serafino Iacono serves as the Interim Chief Executive Officer and Director at Caldas Gold Corp. He is Chief Executive Officer of CruzSur Energy Corp since June 2019. He is Executive Director of CruzSur Energy Corp since June 3, 2019. He was Interim Chief Executive Officer of CruzSur Energy Corp. since June 3, 2019 until June 2019. Mr. Iacono has been Independent Chairman of the Board and Director of Western Atlas Resources Inc. since June 15, 2018. He serves as a Consultant of Energentia Resources Inc (Mega Uranium). Mr. Iacono is a Co-founder of Medoro Resources Ltd. and Alange Energy Corp. He serves as the Chairman at PMI Resources Ltd. and has been its Executive Director since April 04, 2017. He also serves as Board of Directors at PMI Resources Ltd. He served as Chief Executive Officer and Interim President at Medoro Resources Ltd., since September 17, 2010. He served as an Interim Chief Executive Officer of Medoro Resources Ltd. since September 2010. He is a Co-founder of Gran Colombia Resources, Pacific Stratus Energy and Petro Rubiales. He co-founded Bolivar Gold Corp. and served as its Chief Executive Officer from September 2002 to February 2006 and its Chairman since September 2002. He served as the Chief Executive Officer of CoalCorp. Mining Inc. from March 1, 2005 to September 2008 and also served as its President. He served as the Chief Executive Officer of Bolivar Gold Ltd. from February 2003 to February 2006. Mr. Iacono has an experience in the Canadian capital markets. He serves as an Executive Chairman at Gran Colombia Gold Corp. since March 27, 2019. He was an Executive Co-chairman at Gran Colombia Gold Corp. from August 20, 2010 until March 27, 2019. He served as Co-Chairman and Director of CGX Energy Inc. from April 26, 2013 to November 30, 2016. He served as Executive Chairman of CruzSur Energy Corp. until February 2018. He served as the Co-Chairman and Executive Director of Pacific Exploration & Production Corporation from January 23, 2008 to October 31, 2016. He served as an Executive Co-chairman of Pacific Coal Resources Ltd. until September 2012. He served as a Co-Chairman of Medoro Resources Ltd. since July 2006. He served as a Co-Chairman of Pacific Stratus International Energy Ltd. from August 21, 2006 to January 23, 2008. He has been a Director of Pacific Stratus Energy Ltd., since September 14, 2005. He serves as an Executive Director at Pacific Infrastructure Ventures Inc. He has been a Director of Alange Energy Corp. since April 7, 2011. He served as an Independent Director of US Oil Sands Inc. since October 18, 2013 until June 2017. He served as an Independent Director of CruzSur Energy Corp. from 2017 to July 2018. Mr. Iacono has been a Director of Gran Colombia Gold Corp., since August 6, 2010. He has been a Director of PetroMagdalena Energy Corp. since April 7, 2011. He served as a Director of Medoro Resources Ltd. since September 17, 2010. He served as a Director of Pacific Coal Resources Ltd., from January 6, 2011 to September 18, 2015. Mr. Iacono has an experience in the financing and developing of oil, mining and other resource projects in Latin America, the United States and Europe. He has been co-founding partner and board member of several companies listed on the Toronto Stock Exchange. He served as a Director of Medoro Resources Ltd., from February 24, 2004 to August 8, 2009. From September 1993 to October 2001, he served as an Executive Director of BluePoint Data Storage, Inc. He served as a Director of Chaco Resources PLC since October 22, 2003, Gran Colombia Resources Inc., since October 2000 and Bolivar Gold Corp. since July 1997. He served as an Executive Director of CoalCorp. Mining Inc. from March 1, 2005 to December 2008. He served as a Director of Cierra Pacific Ventures Ltd. until November 10, 2008. Mr. Iacono served as a Director of Alange Energy Corp. until February 19, 2009.

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

Average tenure of the CruzSur Energy management team in years:

0.8
Average Tenure
  • The average tenure for the CruzSur Energy management team is less than 2 years, this suggests a new team.
Management Team

Serafino Iacono

TITLE
CEO & Executive Director
AGE
58
TENURE
0.8 yrs

Luciano Biondi

TITLE
Consultant
COMPENSATION
$84K
TENURE
2.2 yrs

Ronald Pantin Carvallo

TITLE
Executive Chairman
AGE
70
TENURE
0.6 yrs

Marianella Parada

TITLE
Chief Financial Officer
TENURE
0.8 yrs

Juan Navas Díaz

TITLE
Country Manager & President of Alianza Petrolera Argentina S.A.
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the CruzSur Energy board of directors in years:

0.8
Average Tenure
61.5
Average Age
  • The average tenure for the CruzSur Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Serafino Iacono

TITLE
CEO & Executive Director
AGE
58
TENURE
0.8 yrs

Ronald Pantin Carvallo

TITLE
Executive Chairman
AGE
70
TENURE
0.6 yrs

Garry Keep

TITLE
Independent Director
AGE
62
TENURE
2.8 yrs

Frank Giustra

TITLE
Independent Director
AGE
61
TENURE
2.9 yrs

Federico Restrepo-Solano

TITLE
Director
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by CruzSur Energy 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 (€)
30. Mar 20 Buy Fiore Financial Corporation, Asset Management Arm Company 30. Mar 20 30. Mar 20 666,667 €0.10 €64,105
30. Mar 20 Buy Serafino Iacono Individual 30. Mar 20 30. Mar 20 333,333 €0.10 €32,052
30. Mar 20 Buy Gordon Keep Individual 30. Mar 20 30. Mar 20 100,000 €0.10 €9,616
01. Nov 19 Buy Gordon Keep Individual 30. Oct 19 30. Oct 19 40,625 €0.08 €3,325
10. Oct 19 Buy Gordon Keep Individual 10. Oct 19 10. Oct 19 15,625 €0.11 €1,709
04. Jun 19 Buy Gordon Keep Individual 03. Jun 19 03. Jun 19 25,000 €0.11 €2,649
X
Management checks
We assess CruzSur 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. CruzSur 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.

56PQ News

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56PQ Company Info

Description

CruzSur Energy Corp. operates as an oil and gas company in Latin America. The company engages in the exploration and development activities. It holds various assets in Colombia and Argentina. The company was formerly known as PentaNova Energy Corp. and changed its name to CruzSur Energy Corp. in August 2018. CruzSur Energy Corp. is headquartered in Vancouver, Canada.

Details
Name: CruzSur Energy Corp.
56PQ
Exchange: DB
Founded:
CA$4,489,504
34,175,840
Website: http://cruzsur.energy
Address: CruzSur Energy Corp.
595 Burrard Street,
Suite 3123,
Vancouver,
British Columbia, V7X 1J1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CZR Common Shares TSX Venture Exchange CA CAD 06. Apr 2017
OTCPK PENY.F Common Shares Pink Sheets LLC US USD 06. Apr 2017
DB 56PQ Common Shares Deutsche Boerse AG DE EUR 06. Apr 2017
Number of employees
Current staff
Staff numbers
0
CruzSur Energy 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 01:00
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2018/04/30
Last earnings filing: 2019/11/20
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.