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Zenith Energy

DB:ZCL1
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ZCL1
DB
CA$6M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Zenith Energy Ltd., together with its subsidiaries, explores for and develops oil and natural gas. The last earnings update was 45 days ago. More info.


Add to Portfolio Compare Print
  • Zenith Energy has significant price volatility in the past 3 months.
ZCL1 Share Price and Events
7 Day Returns
400%
DB:ZCL1
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-96.6%
DB:ZCL1
21.9%
DE Oil and Gas
-17.7%
DE Market
ZCL1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zenith Energy (ZCL1) 400% -82.8% -92.3% -96.6% -99.3% -98.8%
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
  • ZCL1 underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • ZCL1 underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
ZCL1
Industry
5yr Volatility vs Market

Value

 Is Zenith 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 Zenith Energy. This is due to cash flow or dividend data being unavailable. The share price is €0.001.
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 Zenith Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zenith Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:ZCL1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.02
TSXV:ZEE Share Price ** TSXV (2020-03-30) in CAD CA$0.01
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 Zenith Energy.

DB:ZCL1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:ZEE Share Price ÷ EPS (both in CAD)

= 0.01 ÷ -0.02

-0.44x

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

  • Zenith Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Zenith Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Zenith Energy's expected growth come at a high price?
Raw Data
DB:ZCL1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.44x
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 Zenith Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zenith Energy's assets?
Raw Data
DB:ZCL1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$1.28
TSXV:ZEE Share Price * TSXV (2020-03-30) in CAD CA$0.01
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:ZCL1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:ZEE Share Price ÷ Book Value per Share (both in CAD)

= 0.01 ÷ 1.28

0.01x

* Primary Listing of Zenith Energy.

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

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

Future Performance

 How is Zenith 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 Zenith 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 Zenith Energy expected to grow at an attractive rate?
  • Unable to compare Zenith Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Zenith Energy's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Zenith Energy's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:ZCL1 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:ZCL1 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:ZCL1 Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:ZCL1 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 5 -17 -7
2019-09-30 5 -16 -8
2019-06-30 6 -12 -8
2019-03-31 7 -7 -10
2018-12-31 6 -6 -16
2018-09-30 6 0 -14
2018-06-30 5 -3 -13
2018-03-31 5 0 -10
2017-12-31 6 3 -42
2017-09-30 6 -2 -44
2017-06-30 6 -2 -45
2017-03-31 4 -2 572

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Zenith Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Zenith 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:ZCL1 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 Zenith Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:ZCL1 Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:ZCL1 Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.02
2019-09-30 -0.03
2019-06-30 -0.03
2019-03-31 -0.04
2018-12-31 -0.09
2018-09-30 -0.08
2018-06-30 -0.09
2018-03-31 -0.07
2017-12-31 -0.33
2017-09-30 -0.43
2017-06-30 -0.53
2017-03-31 8.21

*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 Zenith 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 ZCL1’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. Zenith 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. Zenith 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 Zenith 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.
Zenith 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.

Past Performance

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

DB:ZCL1 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 5.23 -7.10 5.06
2019-09-30 5.11 -8.46 4.43
2019-06-30 6.24 -8.10 4.70
2019-03-31 6.57 -9.76 5.57
2018-12-31 6.30 -16.36 8.51
2018-09-30 6.36 -13.77 8.57
2018-06-30 5.23 -13.23 7.92
2018-03-31 5.02 -9.92 5.72
2017-12-31 5.85 -42.40 1.57
2017-09-30 6.15 -43.94 2.67
2017-06-30 5.85 -44.99 3.29
2017-03-31 4.42 571.74 4.31
2016-12-31 2.08 609.11 4.41
2016-09-30 0.43 609.77 3.15
2016-06-30 0.13 610.06 2.61
2016-03-31 0.79 -7.71 2.70
2015-12-31 2.68 -3.09 2.93
2015-09-30 3.78 -2.38 2.75
2015-06-30 4.22 -1.97 2.62
2015-03-31 4.44 -2.38 2.70
2014-12-31 4.40 6.33 2.63
2014-09-30 3.98 5.80 2.61
2014-06-30 4.07 5.93 2.59
2014-03-31 3.69 6.32 2.38
2013-12-31 3.42 -1.68 2.09
2013-09-30 3.18 -1.69 2.24
2013-06-30 2.57 -1.94 2.34
2013-03-31 2.29 -2.11 2.30

*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 Zenith 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 Zenith 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 Zenith 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 Zenith 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.
Zenith 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.

Health

 How is Zenith 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 Zenith Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zenith Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Zenith Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Zenith 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 0.9x 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 Zenith Energy Company Filings, last reported 2 months ago.

DB:ZCL1 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 575.77 8.01 1.67
2019-09-30 571.85 9.68 3.40
2019-06-30 570.53 10.99 3.05
2019-03-31 569.08 12.15 3.06
2018-12-31 571.60 5.58 4.13
2018-09-30 572.82 5.34 4.20
2018-06-30 584.00 5.54 3.17
2018-03-31 571.89 5.59 2.50
2017-12-31 578.92 5.49 2.36
2017-09-30 576.88 5.61 2.39
2017-06-30 575.64 6.05 2.74
2017-03-31 575.45 5.89 3.92
2016-12-31 606.17 5.45 0.02
2016-09-30 607.31 5.33 0.13
2016-06-30 608.06 4.73 0.09
2016-03-31 -2.28 5.50 0.15
2015-12-31 2.78 5.10 0.18
2015-09-30 4.18 4.08 0.54
2015-06-30 4.05 3.69 0.86
2015-03-31 4.29 3.38 1.17
2014-12-31 2.65 3.06 1.28
2014-09-30 2.53 3.01 1.01
2014-06-30 2.96 3.73 1.52
2014-03-31 5.58 3.91 1.09
2013-12-31 -4.03 3.80 0.98
2013-09-30 -3.04 3.68 0.90
2013-06-30 -2.74 3.69 0.94
2013-03-31 -2.10 3.47 0.35
  • Zenith Energy's level of debt (1.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (114.9% vs 1.4% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Zenith Energy's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Zenith 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. Zenith Energy has a total score of 2/6, 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 Zenith 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 Zenith Energy dividends.
If you bought €2,000 of Zenith 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 Zenith Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Zenith 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:ZCL1 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:ZCL1 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 Zenith Energy has not reported any payouts.
  • Unable to verify if Zenith Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Zenith Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Zenith 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 Zenith 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 Zenith Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Zenith 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.

Management

 What is the CEO of Zenith 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
Andrea Cattaneo
COMPENSATION CA$777,000
TENURE AS CEO 11.2 years
CEO Bio

Mr. Andrea Cattaneo has been the Chief Executive Officer and President of Zenith Energy Ltd. (formerly Canoel International Energy Ltd.) since January 16, 2009 and also has been its Executive Director since December 9. 2008. Mr. Cattaneo is an Energy Consultant based in Genoa and London. Mr. Cattaneo serves as Energy Coordinator of the Business Advisory Council to the Great Tumen Initiative, a project, sponsored by the United Nations Development Program, involving China, Mongolia, Russia, North Korea and South Korea. He served as Chief Operating Officer of Canoel International Energy Ltd. until January 2009. Mr. Cattaneo has considerable international business experience, with particular expertise in developing countries. He began his career in trading and subsequently moved into banking where he specialized in sovereign loans and trade finance with emerging countries, principally socialist countries in East Africa, Eastern Europe and Asia. He has thirty years experience in advising governments in financial and energy related matters. In a non-business capacity, in 2007 he organized in Genoa the first worldwide exhibition of artists from North Korea. He has been a Director of Zenith Energy Ltd. (formerly Canoel International Energy Ltd) since December 09, 2008. He holds an undergraduate degree in Economics from the University of Genoa and a postgraduate degree in Taxation Law from the University of Bologna.

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

Average tenure of the Zenith Energy management team in years:

3.5
Average Tenure
  • The tenure for the Zenith Energy management team is about average.
Management Team

Andrea Cattaneo

TITLE
President
COMPENSATION
CA$777K
TENURE
11.2 yrs

Luca Benedetto

TITLE
Chief Financial Officer
COMPENSATION
CA$194K
TENURE
2.9 yrs

Gino Milano

TITLE
Executive Director
COMPENSATION
CA$81K
TENURE
3.5 yrs
Board of Directors Tenure

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

9.9
Average Tenure
60.5
Average Age
  • The tenure for the Zenith Energy board of directors is about average.
Board of Directors

José López-Portillo

TITLE
Chairman
AGE
64

Andrea Cattaneo

TITLE
President
COMPENSATION
CA$777K
TENURE
11.3 yrs

Gino Milano

TITLE
Executive Director
COMPENSATION
CA$81K
TENURE
11.5 yrs

Dario Sodero

TITLE
Non-Executive Director
COMPENSATION
CA$8K
TENURE
10.8 yrs

Sergey Borovskiy

TITLE
Non-Executive Director
AGE
47
TENURE
2.7 yrs

Erik Larre

TITLE
Non-Executive Director
AGE
57
TENURE
9 yrs

James Ladner

TITLE
Member of Advisory Committee
AGE
79
TENURE
7.9 yrs

André-Brice Boumbendje

TITLE
Member of Advisory Committee
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Zenith Energy individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. Mar 20 Buy Andrea Cattaneo Individual 09. Mar 20 09. Mar 20 150,000 €0.01 €1,375
06. Mar 20 Buy Andrea Cattaneo Individual 05. Mar 20 06. Mar 20 1,700,000 €0.01 €16,539
04. Mar 20 Buy Andrea Cattaneo Individual 02. Mar 20 04. Mar 20 1,350,275 €0.01 €15,204
19. Feb 20 Buy Andrea Cattaneo Individual 17. Feb 20 17. Feb 20 250,000 €0.02 €4,204
20. Feb 20 Buy Andrea Cattaneo Individual 17. Feb 20 18. Feb 20 350,000 €0.02 €5,932
20. Feb 20 Buy Andrea Cattaneo Individual 20. Feb 20 20. Feb 20 350,000 €0.02 €5,888
18. Feb 20 Buy Dean Clark Individual 18. Feb 20 18. Feb 20 3,000,000 €0.02 €54,186
17. Feb 20 Buy Dean Clark Individual 17. Feb 20 17. Feb 20 2,000,000 €0.02 €33,632
14. Feb 20 Buy Dean Clark Individual 14. Feb 20 14. Feb 20 1,000,000 €0.02 €17,782
12. Feb 20 Buy Dean Clark Individual 12. Feb 20 12. Feb 20 2,000,000 €0.02 €36,916
10. Feb 20 Buy Dean Clark Individual 10. Feb 20 10. Feb 20 1,000,000 €0.02 €17,750
06. Feb 20 Buy Dean Clark Individual 06. Feb 20 06. Feb 20 1,000,000 €0.02 €18,846
28. Jan 20 Buy Dean Clark Individual 28. Jan 20 28. Jan 20 5,000,000 €0.02 €103,426
17. Jan 20 Sell Andrea Cattaneo Individual 14. Jan 20 14. Jan 20 -1,000,000 €0.03 €-27,468
17. Jan 20 Buy Andrea Cattaneo Individual 14. Jan 20 14. Jan 20 1,000,000 €0.03 €27,701
30. Dec 19 Buy Andrea Cattaneo Individual 27. Dec 19 27. Dec 19 325,000 €0.02 €7,016
27. Dec 19 Buy Dean Clark Individual 27. Dec 19 27. Dec 19 400,000 €0.02 €8,765
25. Dec 19 Buy Dean Clark Individual 24. Dec 19 24. Dec 19 600,000 €0.02 €12,835
19. Dec 19 Buy Dean Clark Individual 19. Dec 19 19. Dec 19 700,000 €0.02 €16,389
17. Dec 19 Buy Dean Clark Individual 17. Dec 19 17. Dec 19 300,000 €0.02 €7,158
10. Aug 19 Buy Andrea Cattaneo Individual 06. Aug 19 06. Aug 19 200,000 €0.03 €5,427
08. Aug 19 Buy Andrea Cattaneo Individual 05. Aug 19 05. Aug 19 250,000 €0.03 €6,703
09. Aug 19 Sell Andrea Cattaneo Individual 06. Aug 19 06. Aug 19 -8,512,368 €0.03 €-230,979
09. Aug 19 Buy Andrea Cattaneo Individual 06. Aug 19 06. Aug 19 8,512,368 €0.03 €229,785
06. Aug 19 Sell Andrea Cattaneo Individual 05. Aug 19 05. Aug 19 -7,187,632 €0.03 €-195,048
07. Aug 19 Buy Andrea Cattaneo Individual 06. Aug 19 07. Aug 19 275,000 €0.03 €7,732
06. Aug 19 Buy Andrea Cattaneo Individual 05. Aug 19 05. Aug 19 700,000 €0.03 €18,518
01. Aug 19 Buy Dean Clark Individual 31. Jul 19 31. Jul 19 5,000,000 €0.03 €136,720
08. Jul 19 Sell Andrea Cattaneo Individual 04. Jul 19 04. Jul 19 -1,660,000 €0.03 €-55,539
04. Jul 19 Sell Andrea Cattaneo Individual 03. Jul 19 03. Jul 19 -877,593 €0.03 €-29,335
28. May 19 Buy Andrea Cattaneo Individual 23. May 19 24. May 19 200,000 €0.03 €6,616
14. May 19 Buy Andrea Cattaneo Individual 13. May 19 13. May 19 300,000 €0.03 €9,691
13. May 19 Buy Andrea Cattaneo Individual 09. May 19 09. May 19 100,000 €0.03 €3,258
10. May 19 Buy Andrea Cattaneo Individual 09. May 19 09. May 19 150,000 €0.03 €4,852
05. May 19 Buy Andrea Cattaneo Individual 03. May 19 03. May 19 650,000 €0.04 €23,296
03. May 19 Buy Dean Clark Individual 03. May 19 03. May 19 1,000,000 €0.04 €35,243
25. Apr 19 Buy Andrea Cattaneo Individual 18. Apr 19 18. Apr 19 593,289 €0.04 €22,935
24. Apr 19 Buy Andrea Cattaneo Individual 23. Apr 19 23. Apr 19 593,289 €0.04 €22,595
10. Apr 19 Buy Andrea Cattaneo Individual 09. Apr 19 10. Apr 19 300,000 €0.04 €10,759
11. Apr 19 Buy Andrea Cattaneo Individual 10. Apr 19 10. Apr 19 150,000 €0.03 €5,178
05. Apr 19 Buy Dean Clark Individual 05. Apr 19 05. Apr 19 1,000,000 €0.03 €30,170
02. Apr 19 Buy Dean Clark Individual 02. Apr 19 02. Apr 19 2,000,000 €0.03 €66,899
X
Management checks
We assess Zenith 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. Zenith 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.

News

Simply Wall St News

Company Info

Description

Zenith Energy Ltd., together with its subsidiaries, explores for and develops oil and natural gas. It also produces electricity and natural gas condensate. The company owns onshore oilfields with 75 wells located in Azerbaijan; and holds interests in 13 natural gas exploration and production assets, as well as condensate and electricity production sites in Italy. The company was formerly known as Canoel International Energy Ltd. and changed its name to Zenith Energy Ltd. in October 2014. Zenith Energy Ltd. was incorporated in 2007 and is headquartered in Calgary, Canada.

Details
Name: Zenith Energy Ltd.
ZCL1
Exchange: DB
Founded: 2007
CA$3,669,947
572,677,093
Website: http://www.zenithenergy.ca
Address: Zenith Energy Ltd.
Bankers Court,
15th Floor,
Calgary,
T2P 0R8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ZEE Common Shares TSX Venture Exchange CA CAD 10. Apr 2008
DB ZCL1 Common Shares Deutsche Boerse AG DE EUR 10. Apr 2008
LSE ZEN Common Shares London Stock Exchange GB GBP 10. Apr 2008
OB ZENA-ME Common Shares Oslo Bors NO NOK 10. Apr 2008
Number of employees
Current staff
Staff numbers
207
Zenith 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 22:26
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2017/06/27
Last earnings filing: 2020/02/14
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.