Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether Canada Energy Partners is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Canada Energy Partners has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Canada Energy Partners. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Canada Energy Partners's
is considered below, and whether this is a fair price.
Price based on past earnings
Canada Energy Partners's earnings available for a low price, and how does
this compare to other companies in the same industry?
Canada Energy Partners has negative assets, we can't compare the value of its assets to the DE Oil and Gas industry average.
Take a look at our analysis of CP1’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Canada Energy Partners's regulatory filings and announcements.
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Canada Energy Partners has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Canada Energy Partners
expected to grow at an
Unable to compare Canada Energy Partners's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Canada Energy Partners's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Canada Energy Partners's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Canada Energy Partners is high growth as no earnings estimate data is available.
Unable to determine if Canada Energy Partners 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.
Canada Energy Partners's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Canada Energy Partners
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Canada Energy Partners's finances.
The net worth of a company is the difference between its assets and liabilities.
Canada Energy Partners's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Canada Energy Partners's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Canada Energy Partners'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Canada Energy Partners has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Benjamin M. Jones, known as Ben, has been the Chief Executive Officer of Canada Energy Partners, Inc. since October 2, 2007 and its President since June 24, 2008. Mr. Jones served as a Vice President of Exploration at Triumph Pacific Oil & Gas Corp. from May 31, 2006 to October 1, 2007. He was responsible for coordinating all of the Triumph Pacific's exploration and prospect development including geological and geophysical activities. He has been involved in the oil and gas business since 1977. He served as a Senior Geological Advisor of Canada Energy Partners Inc. He founded Peace River Project through PRLP and PRC, secured the leases and raised sufficient funds to drill 12 wells. He served as an Exploitation Engineer of Placid Oil Company from 1977 to 1981. In 1981, he became an Independent Explorationist, screening, generating and promoting drilling prospects on the eastern shelf of the Permian Basin of West Central Texas. In 1986, he shifted his focus to the Gulf Coast Basin and toward raising drilling funds and investing in drilling prospects. In 1988, he partnered with John R. Howard in a merger of drilling funds and served as an Exploration Manager of Carrollton Resources from 1988 to 1997. He served as a Manager of Gulf Coast Exploration at Titan Exploration Inc. from 1997 to 1999 and in 2000, he redirected his efforts to pursue coalbed methane projects and raised private equity to fund this pursuit. He focuses on the development of coal bed methane projects in British Columbia. He has been a Director of Triumph Pacific Oil & Gas Corp. since May 31, 2006 and Canada Energy Partners Inc., since April 18, 2007. Mr. Jones has been involved in the oil and gas business since 1977. Mr. Jones holds a Bachelor of Mechanical Engineering from Lousiana Tech University in 1977 and a Master of Theology from Dallas Theological Seminary in 1982.
Ben's compensation has been consistent with company performance over the past year, both up more than 20%.
Ben's remuneration is lower than average for companies of similar size in Germany.
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Canada Energy Partners Inc. operates as an independent natural gas exploration and development company. It primarily focuses on resource opportunities in northeast British Columbia. The company was founded in 2006 and is headquartered in Vancouver, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.