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PetroTal

DB:SER1
Snowflake Description

Exceptional growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SER1
DB
CA$101M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

PetroTal Corp. engages in the exploration, appraisal, and development of crude oil and natural gas in Peru, South America. The last earnings update was 132 days ago. More info.


Add to Portfolio Compare Print
  • PetroTal has significant price volatility in the past 3 months.
SER1 Share Price and Events
7 Day Returns
11.6%
DB:SER1
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-38.7%
DB:SER1
21.9%
DE Oil and Gas
-17.7%
DE Market
SER1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
PetroTal (SER1) 11.6% -59.6% -76.5% -38.7% - -
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
  • SER1 underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • SER1 underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
SER1
Industry
5yr Volatility vs Market

Value

 Is PetroTal 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 PetroTal 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 PetroTal.

DB:SER1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 4.4%
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:SER1
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- 21%) (0.82%))
0.875
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.87
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.875 * 5.44%)
4.37%

Discounted Cash Flow Calculation for DB:SER1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for PetroTal 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:SER1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 4.37%)
2020 33.74 Analyst x2 32.32
2021 74.37 Analyst x2 68.27
2022 106.40 Est @ 43.07% 93.59
2023 138.35 Est @ 30.03% 116.60
2024 167.27 Est @ 20.9% 135.07
2025 191.55 Est @ 14.52% 148.20
2026 210.79 Est @ 10.04% 156.26
2027 225.36 Est @ 6.91% 160.07
2028 236.01 Est @ 4.72% 160.61
2029 243.53 Est @ 3.19% 158.79
Present value of next 10 years cash flows $1,229.00
DB:SER1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $243.53 × (1 + -0.39%) ÷ (4.37% – -0.39%)
$5,096.97
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $5,096.97 ÷ (1 + 4.37%)10
$3,323.40
DB:SER1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,229.00 + $3,323.40
$4,552.40
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $4,552.40 / 673.35
$6.76
DB:SER1 Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSXV:TAL)
1.414
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $6.76 x 1.414
CA$9.56
Non-primary Listing Adjustment Factor 1 share in DB:SER1 represents 0.55806x of TSXV:TAL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.55806x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 9.56 x 0.55806
€5.33
Value per share (EUR) From above. €5.33
Current discount Discount to share price of €0.09
= -1 x (€0.09 - €5.33) / €5.33
98.4%

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

Current Discount
Amount off the current price PetroTal is available for.
Intrinsic value
>50%
Share price is €0.09 vs Future cash flow value of €5.33
Current Discount Checks
For PetroTal to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • PetroTal's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • PetroTal'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 PetroTal's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are PetroTal's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SER1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.00
TSXV:TAL Share Price ** TSXV (2020-03-30) in CAD CA$0.16
TSXV:TAL Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.707 $0.11
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 PetroTal.

DB:SER1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.11 ÷ 0.00

-284.73x

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

  • PetroTal is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • PetroTal is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does PetroTal's expected growth come at a high price?
Raw Data
DB:SER1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -284.73x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
64.7%per year
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 PetroTal, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on PetroTal's assets?
Raw Data
DB:SER1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.15
TSXV:TAL Share Price * TSXV (2020-03-30) in CAD CA$0.16
TSXV:TAL Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.707 $0.11
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:SER1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.11 ÷ 0.15

0.71x

* Primary Listing of PetroTal.

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

  • PetroTal is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess PetroTal'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. PetroTal 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 PetroTal expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
64.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is PetroTal expected to grow at an attractive rate?
  • PetroTal's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • PetroTal's earnings growth is expected to exceed the Germany market average.
  • PetroTal's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SER1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SER1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 64.7%
DB:SER1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 64.7%
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:SER1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SER1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 241 196 66 3
2020-12-31 201 124 97 3
2020-03-30
2019-12-31 71 31 28 3
DB:SER1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 37 16 0
2019-06-30 22 10 -3
2019-03-31 14 -2 -5
2018-12-31 10 0 -5
2018-09-30 4 -5 -4
2018-06-30 -5 -5
2018-03-31 -4 -4
2017-12-31 -1 -3
2017-09-30 -1 -2
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • PetroTal's earnings are expected to grow significantly at over 20% yearly.
  • PetroTal's revenue is expected to grow significantly at over 20% yearly.
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:SER1 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 3 Analyst Estimates (S&P Global) See Below

All data from PetroTal Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SER1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.10 0.10 0.10 1.00
2020-12-31 0.15 0.15 0.15 1.00
2020-03-30
2019-12-31 0.04 0.04 0.04 1.00
DB:SER1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.00
2019-06-30 -0.01
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.02
2018-03-31 -0.03
2017-12-31 -0.13
2017-09-30 -0.18
2017-06-30 -1.96
2017-03-31 -1.85
2016-12-31 -1.73

*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.
  • PetroTal is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess PetroTal'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.
PetroTal has a total score of 6/6, 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 PetroTal 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 PetroTal'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.
  • PetroTal 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 PetroTal's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare PetroTal's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
PetroTal'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 PetroTal Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SER1 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 36.64 -0.26 7.16
2019-06-30 21.98 -2.77 7.17
2019-03-31 14.31 -4.69 6.51
2018-12-31 9.99 -4.62 6.18
2018-09-30 4.14 -3.60 4.00
2018-06-30 -5.27 2.77
2018-03-31 -4.08 1.99
2017-12-31 -2.75 0.91
2017-09-30 -1.87 0.95
2017-06-30 -0.98 0.98
2017-03-31 -0.92 0.92
2016-12-31 -0.87 0.87

*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 PetroTal has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if PetroTal 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 PetroTal 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 PetroTal'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.
PetroTal 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 PetroTal'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 PetroTal's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • PetroTal's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • PetroTal's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of PetroTal'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.
  • PetroTal has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from PetroTal Company Filings, last reported 6 months ago.

DB:SER1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 103.52 0.00 20.51
2019-06-30 100.16 0.00 33.13
2019-03-31 75.97 0.00 17.78
2018-12-31 77.53 0.00 26.26
2018-09-30 79.67 0.00 27.91
2018-06-30 79.10 0.00 34.99
2018-03-31 80.50 0.00 42.06
2017-12-31 82.04 0.00 48.78
2017-09-30 82.04 0.00 48.78
2017-06-30 -0.02 0.00 0.00
2017-03-31 0.24 0.00 0.26
2016-12-31 0.24 0.00 0.26
  • PetroTal has no debt.
  • PetroTal has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • PetroTal has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if PetroTal has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess PetroTal'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. PetroTal has a total score of 3/6, 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 PetroTal'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
1.07%
Current annual income from PetroTal dividends. Estimated to be 5.28% next year.
If you bought €2,000 of PetroTal shares you are expected to receive €21 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?
  • PetroTal's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • PetroTal's dividend is below the markets top 25% of dividend payers in Germany (4.97%).
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:SER1 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 3 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:SER1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.01 3.00
2020-12-31 0.01 3.00
2020-03-30
2019-12-31 0.00 2.00
DB:SER1 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-12-12 0.001 0.543

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

  • It is too early to tell whether PetroTal has stable dividend payments.
  • PetroTal only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of PetroTal's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as PetroTal has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (19.4x coverage).
X
Income/ dividend checks
We assess PetroTal'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 PetroTal afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. PetroTal has a total score of 1/6, 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 PetroTal'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
Manolo Zuniga Pflucker
COMPENSATION $1,082,939
AGE 57
TENURE AS CEO 2.3 years
CEO Bio

Mr. Manuel Pablo Zúñiga-Pflücker is President and Chief Executive Officer at PetroTal Corp. and has been its Director since December 18, 2017. Mr. Zúñiga-Pflücker was Chief Executive Officer and Director of Sterling Resources Ltd. since December 2017. He served as the Chief Executive Officer of BPZ Resources, Inc. from May 16, 2005 to July 31, 2015 and served as its President from September 10, 2004 to July 31, 2015. Mr. Zúñiga-Pflucker founded and led BPZ Resources, Inc. (“BPZ”) from 2001 to 2015. He was a Director of Cairo Resources Inc. until July 2017. He was President and Chief Executive Officer of BPZ Energy, Inc. Mr. Zúñiga-Pflücker was an In Charge of day-to-day manage­ment of BPZ's international energy projects, including the negotiation and implementation of its integrated contracts for oil and gas development, and overall administration of its staff of technical professionals and support employees. He has been involved in projects throughout Latin America and other areas of the world ranging from exploitation of marginal oil and gas fields to frontier exploration projects. He has also focused on the creative development of natural gas fields utilizing power generation and gas to liquids technology. Mr. Zúñiga-Pflücker served as the President of BPZ & Associates, Inc., the former parent company of BPZ, Texas from 1989 to September 2004. Mr. Zúñiga-Pflücker served as the President of BPZ, Texas. Mr. Zúñiga-Pflücker has spent the past 20 years in the international oil and gas business. He began his career with Occidental Petroleum Corporation. He served as Director of BPZ Resources, Inc. from September 10, 2004 to July 31, 2015. Mr. Zúñiga-Pflücker holds a B.S. in Mechanical Engineering at the University of Maryland/College Park, and a M.S. in Petroleum Engineering at Texas A&M University, where he did research toward a Ph.D. in Petroleum Engineering.

CEO Compensation
  • Manolo's compensation has increased whilst company is loss making.
  • Manolo's remuneration is higher than average for companies of similar size in Germany.
Management Team

Manolo Zuniga Pflucker

TITLE
President
COMPENSATION
$1M
AGE
57
TENURE
2.3 yrs

Doug Urch

TITLE
Executive VP & CFO
COMPENSATION
$68K
AGE
60
TENURE
0.3 yrs

Estuardo Alvarez-Calderon

TITLE
Vice President of Exploration & Development
COMPENSATION
$573K
Board of Directors Tenure

Average tenure and age of the PetroTal board of directors in years:

2.3
Average Tenure
57
Average Age
  • The average tenure for the PetroTal board of directors is less than 3 years, this suggests a new board.
Board of Directors

Mark McComiskey

TITLE
Independent Chairman of the Board
COMPENSATION
$58K
AGE
46
TENURE
0.3 yrs

Manolo Zuniga Pflucker

TITLE
President
COMPENSATION
$1M
AGE
57
TENURE
2.3 yrs

Greg Guidry

TITLE
Independent Director
COMPENSATION
$58K
AGE
63
TENURE
2.3 yrs

Ryan Ellson

TITLE
Independent Director
COMPENSATION
$58K
AGE
43
TENURE
2.3 yrs

Gavin Hugh Wilson

TITLE
Independent Director
COMPENSATION
$58K
AGE
55
TENURE
6.8 yrs

Eleanor Barker

TITLE
Independent Non-Executive Director
AGE
65
TENURE
0.3 yrs

Roger Tucker

TITLE
Independent Non-Executive Director
AGE
63
TENURE
0.3 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 (€)
X
Management checks
We assess PetroTal'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. PetroTal 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

PetroTal Corp. engages in the exploration, appraisal, and development of crude oil and natural gas in Peru, South America. Its primary property is the Bretana oil field located in the Maranon Basin of northern Peru. The company was formerly known as Sterling Resources Ltd. and changed its name to PetroTal Corp. in June 2018. PetroTal Corp. is headquartered in Houston, Texas.

Details
Name: PetroTal Corp.
SER1
Exchange: DB
Founded:
CA$64,747,381
673,351,810
Website: http://www.petrotal-corp.com
Address: PetroTal Corp.
11451 Katy Freeway,
Suite 500,
Houston,
Texas, 77079,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV TAL Common Shares TSX Venture Exchange CA CAD 19. Dec 2017
OTCPK PTAL.F Common Shares Pink Sheets LLC US USD 19. Dec 2017
DB SER1 Common Shares Deutsche Boerse AG DE EUR 19. Dec 2017
AIM PTAL Common Shares London Stock Exchange AIM Market GB GBP 19. Dec 2017
Number of employees
Current staff
Staff numbers
52
PetroTal 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 23:42
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/26
Last earnings filing: 2019/11/19
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.