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Bengal Energy

DB:8BE
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8BE
DB
CA$3M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Bengal Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves in Australia. The last earnings update was 46 days ago. More info.


Add to Portfolio Compare Print
  • Bengal Energy has significant price volatility in the past 3 months.
8BE Share Price and Events
7 Day Returns
0%
DB:8BE
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-98.9%
DB:8BE
21.9%
DE Oil and Gas
-17.7%
DE Market
8BE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bengal Energy (8BE) 0% -87.5% -98.2% -98.9% -99.3% -99.5%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • 8BE underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • 8BE underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
8BE
Industry
5yr Volatility vs Market

8BE Value

 Is Bengal 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 Bengal Energy. This is due to cash flow or dividend data being unavailable. The share price is €0.0005.
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 Bengal Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bengal Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:8BE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.03
TSX:BNG Share Price ** TSX (2020-03-30) in CAD CA$0.02
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

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

** Primary Listing of Bengal Energy.

DB:8BE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:BNG Share Price ÷ EPS (both in CAD)

= 0.02 ÷ -0.03

-0.72x

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

  • Bengal Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Bengal Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Bengal Energy's expected growth come at a high price?
Raw Data
DB:8BE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.72x
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 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Bengal Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bengal Energy's assets?
Raw Data
DB:8BE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.20
TSX:BNG Share Price * TSX (2020-03-30) in CAD CA$0.02
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:8BE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:BNG Share Price ÷ Book Value per Share (both in CAD)

= 0.02 ÷ 0.20

0.1x

* Primary Listing of Bengal Energy.

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

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

8BE Future Performance

 How is Bengal 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 Bengal 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%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bengal Energy expected to grow at an attractive rate?
  • Unable to compare Bengal Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bengal Energy's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Bengal Energy's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:8BE Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
DB:8BE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:8BE Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:8BE Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 10 2 -3
2019-09-30 9 2 -3
2019-06-30 9 2 -3
2019-03-31 11 3 -2
2018-12-31 11 3 -13
2018-09-30 12 3 -14
2018-06-30 11 3 -13
2018-03-31 10 4 -12
2017-12-31 10 3 2
2017-09-30 9 4 0
2017-06-30 9 5 1
2017-03-31 10 5 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bengal Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Bengal 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:8BE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bengal Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8BE Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:8BE Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.03
2019-09-30 -0.02
2019-06-30 -0.03
2019-03-31 -0.02
2018-12-31 -0.13
2018-09-30 -0.13
2018-06-30 -0.13
2018-03-31 -0.12
2017-12-31 0.02
2017-09-30 0.00
2017-06-30 0.01
2017-03-31 -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 Bengal Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 8BE’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.
  2. Bengal 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. Bengal 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 Bengal 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.
Bengal 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.

8BE Past Performance

  How has Bengal 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 Bengal 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.
  • Bengal Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Bengal Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Bengal Energy's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Bengal 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 Bengal Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8BE 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 9.51 -2.84 3.19
2019-09-30 8.79 -2.52 3.19
2019-06-30 9.41 -2.74 3.21
2019-03-31 10.64 -2.48 2.97
2018-12-31 10.68 -12.86 2.79
2018-09-30 11.77 -13.53 2.75
2018-06-30 11.00 -13.31 2.64
2018-03-31 10.07 -12.27 2.49
2017-12-31 9.95 2.19 2.58
2017-09-30 9.33 -0.31 2.57
2017-06-30 9.33 0.52 2.59
2017-03-31 9.51 -2.77 2.77
2016-12-31 9.13 -16.40 2.75
2016-09-30 8.46 -12.70 2.78
2016-06-30 9.35 -11.86 2.79
2016-03-31 10.46 -10.38 2.75
2015-12-31 11.49 0.27 2.97
2015-09-30 13.36 -2.43 3.10
2015-06-30 14.45 -3.70 3.30
2015-03-31 14.61 -3.17 3.58
2014-12-31 16.30 -3.92 3.74
2014-09-30 17.88 -2.06 3.92
2014-06-30 18.58 -1.42 4.16
2014-03-31 18.49 0.15 4.12
2013-12-31 16.37 1.36 4.00
2013-09-30 12.98 0.64 3.79
2013-06-30 8.42 -0.75 3.63
2013-03-31 5.36 -1.80 3.95

*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 Bengal 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 Bengal 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 Bengal 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 Bengal 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.
Bengal 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.

8BE Health

 How is Bengal 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 Bengal Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bengal Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Bengal Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bengal Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bengal Energy Company Filings, last reported 2 months ago.

DB:8BE Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 20.02 16.24 0.88
2019-09-30 19.06 16.45 1.22
2019-06-30 20.08 16.18 1.47
2019-03-31 21.46 16.48 2.89
2018-12-31 23.93 16.92 4.96
2018-09-30 22.30 16.14 4.42
2018-06-30 24.00 16.40 4.57
2018-03-31 24.89 16.08 3.90
2017-12-31 36.96 15.61 3.35
2017-09-30 36.59 15.44 3.97
2017-06-30 37.87 16.13 3.65
2017-03-31 38.10 16.50 3.90
2016-12-31 34.45 16.57 4.89
2016-09-30 33.93 16.17 1.73
2016-06-30 32.31 17.96 3.59
2016-03-31 36.14 17.87 3.01
2015-12-31 48.65 19.02 2.68
2015-09-30 43.92 18.29 2.29
2015-06-30 42.52 16.70 1.02
2015-03-31 44.95 16.98 1.75
2014-12-31 43.52 17.23 6.87
2014-09-30 45.63 9.35 3.31
2014-06-30 46.76 9.30 4.77
2014-03-31 48.59 9.24 5.98
2013-12-31 46.51 9.19 5.63
2013-09-30 46.16 9.14 10.40
2013-06-30 43.74 3.49 5.84
2013-03-31 40.76 3.44 2.61
  • Bengal Energy's level of debt (81.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (39.6% vs 81.1% today).
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.

  • Bengal Energy has less than a year of cash runway based on current free cash flow.
  • Bengal Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -38.4% each year.
X
Financial health checks
We assess Bengal 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. Bengal Energy has a total score of 1/6, 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.

8BE Dividends

 What is Bengal 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 Bengal Energy dividends.
If you bought €2,000 of Bengal 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 Bengal Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bengal 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:8BE 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 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

DB:8BE Future Dividends Estimate Data
Date (Data in CA$) 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 Bengal Energy has not reported any payouts.
  • Unable to verify if Bengal Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bengal Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bengal 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 Bengal Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bengal Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bengal 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.

8BE Management

 What is the CEO of Bengal 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
Chayan Chakrabarty
COMPENSATION CA$230,000
TENURE AS CEO 9.3 years
CEO Bio

Mr. Chayan Chakrabarty, Ph.D.(Petroleum Engineering), MBA has been the Chief Executive Officer and President of Bengal Energy Ltd since November 26, 2010 and February 13, 2008 respectively. Mr. Chakrabarty had been Vice President of Business Development at Sequoia Oil & Gas Trust since March 2, 2006. He serves as the President of Bengal Energy L.P. He has over 20 years of experience in the domestic and international oil and gas industry. He served as an Interim Chief Executive Officer of Bengal Energy Inc. (formerly, Avery Resource Inc.) since October 29, 2010. He served as Vice President of International at DayLight Energy Ltd., the Administrator of Daylight Resources Trust. He served as the President of Bengal Energy Inc. from February 13, 2008 to October 29, 2010. He served as Manager of Engineering of Verenex Energy Inc. After starting his career with India's Oil & Natural Gas Commission, Mr. Chakrabarty served with Golder Associates From 1997 to April 2002, he served at PanCanadian Energy (now EnCana Corporation) where he served in various capacities including that of Business Advisor to the Chief Operating Officer. He served as a Vice President of Ross Smith Energy Group and First Associates Investments (now Blackmont Capital). He co-founded and served as Manager of Engineering of a Calgary-based, public junior international E&P company. He has been a Director of Bengal Energy Ltd since February 13, 2008. Mr. Chakrabarty holds a Ph.D. in Petroleum Engineering from the University of Alberta and an MBA from the University of Alberta/University of Calgary Joint Executive Program.

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

Average tenure of the Bengal Energy management team in years:

7.3
Average Tenure
  • The average tenure for the Bengal Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Chayan Chakrabarty

TITLE
President
COMPENSATION
CA$230K
TENURE
9.3 yrs

Matt Moorman

TITLE
Chief Financial Officer
COMPENSATION
CA$200K
TENURE
2.2 yrs

Richard Edgar

TITLE
Executive Vice President
COMPENSATION
CA$171K
AGE
73
TENURE
8.5 yrs

Paul Piovoso

TITLE
Senior Geologist
COMPENSATION
CA$165K
TENURE
6.2 yrs

Richard Allford

TITLE
Secretary

Lisa Melnyk

TITLE
Assistant Corporate Secretary
Board of Directors Tenure

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

9.4
Average Tenure
70
Average Age
  • The tenure for the Bengal Energy board of directors is about average.
Board of Directors

Ian Towers

TITLE
Independent Chairman
COMPENSATION
CA$22K
TENURE
9.4 yrs

Chayan Chakrabarty

TITLE
President
COMPENSATION
CA$230K
TENURE
12 yrs

Jim Howe

TITLE
Independent Director
COMPENSATION
CA$22K
AGE
69
TENURE
14.3 yrs

Bob Steele

TITLE
Independent Director
COMPENSATION
CA$23K
TENURE
9.6 yrs

Peter Gaffney

TITLE
Independent Director
COMPENSATION
CA$20K
TENURE
9.2 yrs

Brian Moss

TITLE
Independent Director
COMPENSATION
CA$17K
AGE
70
TENURE
8.2 yrs

Bill Wheeler

TITLE
Independent Director
COMPENSATION
CA$18K
AGE
70
TENURE
8.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
05. Dec 19 Sell Richard Edgar Individual 02. Dec 19 02. Dec 19 -24,000 €0.04 €-1,055
05. Dec 19 Buy Richard Edgar Individual 05. Dec 19 05. Dec 19 24,000 €0.04 €1,066
X
Management checks
We assess Bengal 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. Bengal 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.

8BE News

Simply Wall St News

8BE Company Info

Description

Bengal Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves in Australia. It principally holds interests in the Cuisinier, Barrolka, and Tookoonooka situated within an area of the Cooper Basin. The company was formerly known as Avery Resources and changed its name to Bengal Energy Ltd. in July 2008. Bengal Energy Ltd. is based in Calgary, Canada.

Details
Name: Bengal Energy Ltd.
8BE
Exchange: DB
Founded:
CA$1,638,940
102,266,694
Website: http://www.bengalenergy.ca
Address: Bengal Energy Ltd.
715 – 5th Avenue SW,
Suite 2000,
Calgary,
Alberta, T2P 2X6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX BNG Common Shares The Toronto Stock Exchange CA CAD 13. Aug 1997
OTCPK BNGL.F Common Shares Pink Sheets LLC US USD 13. Aug 1997
DB 8BE Common Shares Deutsche Boerse AG DE EUR 13. Aug 1997
Number of employees
Current staff
Staff numbers
10
Bengal Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 21:54
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2017/11/09
Last earnings filing: 2020/02/13
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.