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Arrow Exploration

DB:C1JT
Snowflake Description

Fair value with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
C1JT
DB
CA$2M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Arrow Exploration Corp., a junior oil and natural gas exploration and development company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. The last earnings update was 124 days ago. More info.


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  • Arrow Exploration has significant price volatility in the past 3 months.
C1JT Share Price and Events
7 Day Returns
100%
DB:C1JT
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-99.5%
DB:C1JT
21.9%
DE Oil and Gas
-17.7%
DE Market
C1JT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Arrow Exploration (C1JT) 100% -97.1% -97.7% -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
  • C1JT underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • C1JT underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Arrow Exploration 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
Here we compare the current share price of Arrow Exploration to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Arrow Exploration.

DB:C1JT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:C1JT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 26.5%) (310.2%))
2.106
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:C1JT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Arrow Exploration is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:C1JT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 0.78 Est @ 1.37% 0.71
2021 0.79 Est @ 0.85% 0.65
2022 0.79 Est @ 0.47% 0.59
2023 0.80 Est @ 0.22% 0.53
2024 0.80 Est @ 0.03% 0.48
2025 0.80 Est @ -0.09% 0.44
2026 0.79 Est @ -0.18% 0.39
2027 0.79 Est @ -0.24% 0.36
2028 0.79 Est @ -0.29% 0.32
2029 0.79 Est @ -0.32% 0.29
Present value of next 10 years cash flows $4.00
DB:C1JT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $0.79 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$7.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $7.21 ÷ (1 + 10.49%)10
$2.66
DB:C1JT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $4.00 + $2.66
$6.66
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $6.66 / 68.67
$0.1
DB:C1JT Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSXV:AXL)
1.414
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $0.1 x 1.414
CA$0.14
Non-primary Listing Adjustment Factor 1 share in DB:C1JT represents 0.02857x of TSXV:AXL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.02857x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 0.14 x 0.02857
€0.00
Value per share (EUR) From above. €0.00
Current discount Discount to share price of €0.00
= -1 x (€0.00 - €0.00) / €0.00
74.5%

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

Current Discount
Amount off the current price Arrow Exploration is available for.
Intrinsic value
>50%
Share price is €0.001 vs Future cash flow value of €0.00392
Current Discount Checks
For Arrow Exploration to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Arrow Exploration's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Arrow Exploration's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Arrow Exploration's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Arrow Exploration's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:C1JT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.05
TSXV:AXL Share Price ** TSXV (2020-03-30) in CAD CA$0.04
TSXV:AXL Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.707 $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 Arrow Exploration.

DB:C1JT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.02 ÷ -0.05

-0.47x

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

  • Arrow Exploration is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Arrow Exploration is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Arrow Exploration's expected growth come at a high price?
Raw Data
DB:C1JT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.47x
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 Arrow Exploration, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Arrow Exploration's assets?
Raw Data
DB:C1JT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.68
TSXV:AXL Share Price * TSXV (2020-03-30) in CAD CA$0.04
TSXV:AXL Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.707 $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:C1JT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.02 ÷ 0.68

0.04x

* Primary Listing of Arrow Exploration.

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

  • Arrow Exploration is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Arrow Exploration'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. Arrow Exploration has a total score of 3/6, 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 Arrow Exploration 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 Arrow Exploration 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 Arrow Exploration expected to grow at an attractive rate?
  • Unable to compare Arrow Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Arrow Exploration's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Arrow Exploration's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:C1JT 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:C1JT 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:C1JT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:C1JT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 26 1 -4
2019-06-30 20 -2 -3
2019-03-31 12 3 -2
2018-12-31 6 3 -1
2018-09-30 0 0 -2
2018-06-30 0 -1
2018-03-31 0 0
2017-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Arrow Exploration is high growth as no earnings estimate data is available.
  • Unable to determine if Arrow Exploration 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:C1JT 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 Arrow Exploration Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C1JT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:C1JT Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.05
2019-06-30 -0.05
2019-03-31 -0.03
2018-12-31 -0.01
2018-09-30 -0.03
2018-06-30 -0.07
2018-03-31 -0.03
2017-12-31 0.00

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

Next steps:

  1. Examine whether Arrow Exploration is trading at Arrow Exploration'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Arrow Exploration'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. Arrow Exploration'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 Arrow Exploration'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.
Arrow Exploration 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 Arrow Exploration 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 Arrow Exploration'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.
  • Arrow Exploration does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Arrow Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Arrow Exploration's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Arrow Exploration'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 Arrow Exploration Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C1JT 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 25.80 -3.64 8.88
2019-06-30 19.63 -3.49 7.04
2019-03-31 12.09 -2.06 5.37
2018-12-31 6.08 -0.67 4.09
2018-09-30 0.17 -1.84 0.84
2018-06-30 -0.66 0.66
2018-03-31 -0.32 0.32
2017-12-31 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 Arrow Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Arrow Exploration 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 Arrow Exploration 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 Arrow Exploration'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.
Arrow Exploration 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 Arrow Exploration'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 Arrow Exploration's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Arrow Exploration's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Arrow Exploration's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Arrow Exploration'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 1.8x 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 Arrow Exploration Company Filings, last reported 6 months ago.

DB:C1JT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 46.77 5.00 0.31
2019-06-30 47.43 5.00 1.47
2019-03-31 49.18 5.00 2.84
2018-12-31 50.55 5.00 3.88
2018-09-30 49.45 5.00 3.77
2018-06-30 -0.66 0.00 0.01
2018-03-31 -0.30 0.00 0.01
2017-12-31 0.00 0.00 0.01
  • Arrow Exploration's level of debt (10.7%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Arrow Exploration'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.

  • Arrow Exploration has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Arrow Exploration has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Arrow Exploration'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. Arrow Exploration 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.

Dividends

 What is Arrow Exploration'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 Arrow Exploration dividends.
If you bought €2,000 of Arrow Exploration 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 Arrow Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Arrow Exploration'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:C1JT 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:C1JT 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 Arrow Exploration has not reported any payouts.
  • Unable to verify if Arrow Exploration's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Arrow Exploration's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Arrow Exploration 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 Arrow Exploration'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 Arrow Exploration afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Arrow Exploration 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 Arrow Exploration'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
Felix Betancourt
COMPENSATION $1,330,100
TENURE AS CEO 0.3 years
CEO Bio

Mr. Felix Betancourt has been Interim Chief Executive Officer of Arrow Exploration Corp. since December 17, 2019. Mr. Betancourt served as a Colombia Country Manager of Canacol Energy Ltd. until September 28, 2016. Mr. Betancourt served as New Business Director at Canacol Energy Ltd. Mr. Betancourt served as Vice President of Finance and Planning for Colombian business unit of Canacol Energy Ltd since November 2010. Mr. Betancourt worked with Canacol since its inception in 2008 in several roles including: General Manager of Colombia, VP of Finance & New Business, and President of Mid-Stream prior to retiring in May of 2018. Mr. Betancourt was employed with Ecopetrol from 1993 – 1998 in the roles of Director of Corporate Planning and Vice President of Finance (CFO). Mr. Betancourt has also been a consultant and advisor to several organizations and companies including: The Ministry of Mines and Energy of Colombia, UPME, Colombia’s National Department of Planning (DNP), The World Bank, National Association of Sugar Cane Growers (ASOCAÑA), BASF, BAYER, Latin American Energy Organization, Inter-American Development Bank (IDB), Colombia’s National Energy Regulatory Commission (CREG), Economic Commission for Latin America and the Caribbean (ECLAC), United Nations Developing Program (UNDP) as well as to the governments and energy authorities of: Panama, Costa Rica, El Salvador, Honduras, Nicaragua, Guatemala, Dominican Republic, Ecuador, Bolivia and Venezuela. Mr. Betancourt holds a degree in Business Administration from the Escuela de Administración y Finanzas (EAFIT) in Medellín, Colombia as well as a Master of Science in Operations Research from Stanford University.

CEO Compensation
  • Insufficient data for Felix to compare compensation growth.
  • Felix's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Arrow Exploration management team in years:

1.4
Average Tenure
  • The average tenure for the Arrow Exploration management team is less than 2 years, this suggests a new team.
Management Team

Felix Betancourt

TITLE
Interim Chief Executive Officer
COMPENSATION
$1M
TENURE
0.3 yrs

John Newman

TITLE
Chief Financial Officer
COMPENSATION
$232K
TENURE
1.4 yrs

Jack Scott

TITLE
Chief Operating Officer
COMPENSATION
$340K
TENURE
1.4 yrs

Phil Miller

TITLE
Senior Vice President of Exploration
COMPENSATION
$220K
TENURE
1.4 yrs

Mauricio Restrepo

TITLE
Corporate Secretary
Board of Directors Tenure

Average tenure of the Arrow Exploration board of directors in years:

0.7
Average Tenure
  • The average tenure for the Arrow Exploration board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gage Jull

TITLE
Chairman

Juan Salazar

TITLE
Independent Director
COMPENSATION
$25K
TENURE
0.7 yrs

Ravi Sharma

TITLE
Independent Director
COMPENSATION
$60K
TENURE
1.4 yrs

Anthony Zaidi

TITLE
Director
TENURE
0.3 yrs

Tim de Freitas

TITLE
Independent Director
AGE
57

Gustavo Dajer Barguil

TITLE
Independent Director

Brian Hearst

TITLE
Independent Director
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 (€)
08. May 19 Buy Eric Van Enk Individual 07. May 19 08. May 19 300,000 €0.19 €56,961
08. May 19 Buy H. McDonald Individual 03. May 19 08. May 19 340,000 €0.20 €67,491
08. May 19 Buy John Newman Individual 06. May 19 06. May 19 65,000 €0.20 €12,948
07. May 19 Buy James McFarland Individual 03. May 19 03. May 19 75,000 €0.22 €15,989
03. May 19 Buy Philip Miller Individual 03. May 19 03. May 19 50,000 €0.22 €11,094
X
Management checks
We assess Arrow Exploration'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. Arrow Exploration 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

Arrow Exploration Corp., a junior oil and natural gas exploration and development company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. Its assets are located in Alberta, Canada; and in the Llanos, Magdalena, and Caguan/Putumayo regions, Colombia. The company is headquartered in Calgary, Canada.

Details
Name: Arrow Exploration Corp.
C1JT
Exchange: DB
Founded:
CA$1,540,824
68,674,602
Website: http://www.arrowexploration.ca
Address: Arrow Exploration Corp.
150-9th Avenue SW,
Suite 920,
Calgary,
Alberta, T2P 3H9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV AXL Common Shares TSX Venture Exchange CA CAD 05. Oct 2018
OTCPK CSTP.F Common Shares Pink Sheets LLC US USD 05. Oct 2018
DB C1JT Common Shares Deutsche Boerse AG DE EUR 05. Oct 2018
Number of employees
Current staff
Staff numbers
35
Arrow Exploration employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 00:36
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2019/05/01
Last earnings filing: 2019/11/28
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.