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Alvopetro Energy

OTCPK:ALVO.F
Snowflake Description

Slightly overvalued with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALVO.F
OTCPK
CA$65M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Alvopetro Energy Ltd. engages in the acquisition, exploration, development, and production of hydrocarbons in the Recôncavo basins in onshore Brazil. The last earnings update was 29 days ago. More info.


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ALVO.F Share Price and Events
7 Day Returns
-4.8%
OTCPK:ALVO.F
1.9%
US Oil and Gas
0.7%
US Market
1 Year Returns
46.2%
OTCPK:ALVO.F
-9.2%
US Oil and Gas
18.2%
US Market
ALVO.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alvopetro Energy (ALVO.F) -4.8% -6.1% -2% 46.2% 197.8% 41.2%
US Oil and Gas 1.9% -2.7% -2.8% -9.2% -21.6% -21.6%
US Market 0.7% 1.5% 5% 18.2% 35.8% 52.7%
1 Year Return vs Industry and Market
  • ALVO.F outperformed the Oil and Gas industry which returned -9.2% over the past year.
  • ALVO.F outperformed the Market in United States of America which returned 18.2% over the past year.
Price Volatility
ALVO.F
Industry
5yr Volatility vs Market

Value

 Is Alvopetro 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
Here we compare the current share price of Alvopetro Energy 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 Alvopetro Energy.

OTCPK:ALVO.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

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 OTCPK:ALVO.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.939 (1 + (1- 26.5%) (0.44%))
0.961
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.961 * 5.44%)
6.97%

Discounted Cash Flow Calculation for OTCPK:ALVO.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Alvopetro Energy 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.

OTCPK:ALVO.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.97%)
2020 5.82 Analyst x1 5.44
2021 20.97 Analyst x1 18.33
2022 20.37 Analyst x1 16.64
2023 15.45 Analyst x1 11.80
2024 12.80 Est @ -17.17% 9.14
2025 11.33 Est @ -11.49% 7.56
2026 10.47 Est @ -7.52% 6.54
2027 9.98 Est @ -4.75% 5.82
2028 9.70 Est @ -2.8% 5.29
2029 9.56 Est @ -1.44% 4.87
Present value of next 10 years cash flows $91.00
OTCPK:ALVO.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $9.56 × (1 + 1.74%) ÷ (6.97% – 1.74%)
$186.02
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $186.02 ÷ (1 + 6.97%)10
$94.84
OTCPK:ALVO.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $91.00 + $94.84
$185.84
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $185.84 / 97.07
$1.91
OTCPK:ALVO.F Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSXV:ALV)
1.323
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $1.91 x 1.323
CA$2.53
Non-primary Listing Adjustment Factor 1 share in OTCPK:ALVO.F represents 0.72464x of TSXV:ALV
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.72464x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 2.53 x 0.72464
$1.84
Value per share (USD) From above. $1.84
Current discount Discount to share price of $0.50
= -1 x ($0.50 - $1.84) / $1.84
72.8%

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

Current Discount
Amount off the current price Alvopetro Energy is available for.
Intrinsic value
>50%
Share price is $0.5 vs Future cash flow value of $1.84
Current Discount Checks
For Alvopetro Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Alvopetro Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Alvopetro Energy'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 Alvopetro Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alvopetro Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ALVO.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.06
TSXV:ALV Share Price ** TSXV (2019-12-10) in CAD CA$0.69
TSXV:ALV Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.756 $0.52
United States of America Oil and Gas Industry PE Ratio Median Figure of 100 Publicly-Listed Oil and Gas Companies 9.72x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.5x

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

** Primary Listing of Alvopetro Energy.

OTCPK:ALVO.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.52 ÷ -0.06

-9.34x

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

  • Alvopetro Energy is loss making, we can't compare its value to the US Oil and Gas industry average.
  • Alvopetro Energy is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Alvopetro Energy's expected growth come at a high price?
Raw Data
OTCPK:ALVO.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -9.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
United States of America Oil and Gas Industry PEG Ratio Median Figure of 84 Publicly-Listed Oil and Gas Companies 0.19x
United States of America Market PEG Ratio Median Figure of 2,046 Publicly-Listed Companies 1.48x

*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 Alvopetro Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Alvopetro Energy's assets?
Raw Data
OTCPK:ALVO.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.56
TSXV:ALV Share Price * TSXV (2019-12-10) in CAD CA$0.69
TSXV:ALV Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.756 $0.52
United States of America Oil and Gas Industry PB Ratio Median Figure of 187 Publicly-Listed Oil and Gas Companies 0.83x
United States of America Market PB Ratio Median Figure of 5,089 Publicly-Listed Companies 1.78x
OTCPK:ALVO.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.52 ÷ 0.56

0.93x

* Primary Listing of Alvopetro Energy.

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

  • Alvopetro Energy is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Alvopetro 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. Alvopetro Energy has a total score of 2/6, 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 Alvopetro Energy expected to perform in the next 1 to 3 years based on estimates from 2 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
37.7%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Alvopetro Energy expected to grow at an attractive rate?
  • Unable to compare Alvopetro Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Alvopetro Energy's earnings growth to the United States of America market average as no estimate data is available.
  • Alvopetro Energy's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:ALVO.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:ALVO.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 37.7%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 15.5%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*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
OTCPK:ALVO.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:ALVO.F Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 38 27 1
2022-12-31 40 30 1
2021-12-31 40 29 1
2020-12-31 35 20 1
2019-12-31 0 -4 1
2019-12-11
OTCPK:ALVO.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 0 -3 -5
2019-06-30 0 -3 -4
2019-03-31 1 -3 -4
2018-12-31 1 -3 -4
2018-09-30 1 -4 -5
2018-06-30 1 -4 -7
2018-03-31 0 -4 -7
2017-12-31 1 -4 -7
2017-09-30 1 -5 -5
2017-06-30 1 -5 -8
2017-03-31 1 -5 -9
2016-12-31 1 -6 -13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Alvopetro Energy is high growth as no earnings estimate data is available.
  • Alvopetro Energy'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
OTCPK:ALVO.F 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 2 Analyst Estimates (S&P Global) See Below

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

OTCPK:ALVO.F Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2019-12-11
OTCPK:ALVO.F Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.06
2019-06-30 -0.04
2019-03-31 -0.05
2018-12-31 -0.05
2018-09-30 -0.06
2018-06-30 -0.09
2018-03-31 -0.08
2017-12-31 -0.08
2017-09-30 -0.06
2017-06-30 -0.09
2017-03-31 -0.11
2016-12-31 -0.15

*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.
  • Alvopetro Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Alvopetro 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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Alvopetro Energy has a total score of 2/6, 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 Alvopetro 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 Alvopetro 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.
  • Alvopetro Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Alvopetro Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Alvopetro Energy's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Alvopetro 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 Alvopetro Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ALVO.F 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 0.43 -5.37 2.94
2019-06-30 0.47 -3.93 2.89
2019-03-31 0.61 -4.21 3.06
2018-12-31 0.62 -4.34 3.07
2018-09-30 0.61 -4.97 3.07
2018-06-30 0.59 -7.43 3.15
2018-03-31 0.49 -7.11 2.84
2017-12-31 0.56 -7.12 2.90
2017-09-30 0.66 -5.41 3.21
2017-06-30 0.64 -7.77 3.36
2017-03-31 0.65 -8.96 4.01
2016-12-31 0.61 -12.58 4.31
2016-09-30 0.52 -22.00 4.35
2016-06-30 0.54 -16.40 4.58
2016-03-31 0.56 -15.38 4.68
2015-12-31 0.59 -12.42 4.96
2015-09-30 0.67 -27.29 5.37
2015-06-30 0.83 -28.93 5.62
2015-03-31 0.98 -29.25 6.05
2014-12-31 1.11 -31.71 5.95
2014-09-30 1.23 -6.65 6.60
2014-06-30 1.12 -10.72 6.00
2014-03-31 1.19 -10.69 5.66
2013-12-31 1.18 -7.40 5.29
2012-12-31 0.82 -2.95 3.41

*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 Alvopetro 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 Alvopetro Energy has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Alvopetro 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 Alvopetro 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.
Alvopetro 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 Alvopetro 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 Alvopetro Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alvopetro Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Alvopetro Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Alvopetro 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 -9.6196888040633E+16x 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 Alvopetro Energy Company Filings, last reported 2 months ago.

OTCPK:ALVO.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 54.39 0.00 1.39
2019-06-30 59.39 0.00 3.34
2019-03-31 59.64 0.00 4.87
2018-12-31 60.57 0.00 7.07
2018-09-30 57.17 0.00 4.53
2018-06-30 59.14 0.00 5.84
2018-03-31 65.07 0.00 7.54
2017-12-31 66.14 0.00 9.19
2017-09-30 69.72 0.00 11.39
2017-06-30 71.50 0.00 12.58
2017-03-31 73.83 0.00 14.55
2016-12-31 73.78 0.00 17.79
2016-09-30 75.35 0.00 21.83
2016-06-30 81.45 0.00 23.78
2016-03-31 79.44 0.00 27.43
2015-12-31 80.73 0.00 28.73
2015-09-30 89.49 0.00 32.37
2015-06-30 99.75 0.00 31.28
2015-03-31 99.67 0.00 36.66
2014-12-31 107.83 0.00 40.92
2014-09-30 137.22 0.00 40.82
2014-06-30 143.48 0.00 54.67
2014-03-31 143.78 0.00 64.41
2013-12-31 146.58 0.00 100.27
2012-12-31 47.42 0.00 1.13
  • Alvopetro Energy's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Alvopetro Energy'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.

  • Alvopetro Energy has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Alvopetro Energy has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Alvopetro 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. Alvopetro 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 Alvopetro 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 Alvopetro Energy dividends.
If you bought $2,000 of Alvopetro 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 Alvopetro Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Alvopetro 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
OTCPK:ALVO.F 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 2 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 4.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1960 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

OTCPK:ALVO.F Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2019-12-11

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

  • Unable to perform a dividend volatility check as Alvopetro Energy has not reported any payouts.
  • Unable to verify if Alvopetro Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Alvopetro Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Alvopetro 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 Alvopetro Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Alvopetro Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alvopetro 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 Alvopetro 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
Corey Ruttan
COMPENSATION $376,597
TENURE AS CEO 6.1 years
CEO Bio

Mr. Corey Christopher Ruttan, CA, has been the Chief Executive Officer and President at Alvopetro Energy Ltd. since November 2013. Mr. Ruttan has been the Chief Executive Officer and President of Petrominerales Ltd since May 6, 2010. He served as the Chief Financial Officer at Touchstone Exploration Inc. from March 14, 2007 August 14, 2010 and also served as its Senior Vice President of Finance since November 2008. He served as the Chief Financial Officer and Vice President of Finance of Petrominerales Ltd. since May 2006. He served as the Chief Financial Officer of Lightstream Resources Ltd. from May 2007 to May 2010 and served as its Executive Vice President from July 30, 2009 to May 2010. He served as Senior Vice President of Lightstream Resources Ltd., since November 2008. He served as Vice President of Finance at Petrobank Energy and Resources, Ltd. from May 2006 to August 14, 2010. Mr. Ruttan served as a Director and Manager of Corporate Finance and Investor Relations at Petrobank Energy & Resources Ltd., from July 2003 to May 2006. He served as a Director of Corporate Finance at Petrobank from October 2001 to July 2003 and Manager of Corporate Finance from March 2000 to October 2001. He served as a Vice President of Finance at Petrobank Energy & Resources Ltd., until November 2008. He served as a Vice President of Caribou Capital Corp., from June 1999 to March 2000 and as Manager of Financial Reporting at Pacalta Resources Ltd from May 1997 to June 1999. He articled with KPMG from September 1994 to May 1997. He has been a Director at Alvopetro Energy Ltd. since September 25, 2013. He served as an Independent Director of Lightstream Resources Ltd. from July 30, 2009 to December 29, 2016. He served as an Independent Director at Touchstone Exploration Inc. from April 23, 2010 to June 19,2017. Mr. Ruttan holds a Bachelor of Commerce in Accounting from the University of Calgary in 1994 and obtained his Chartered Accountant designation in 1997.

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

Average tenure of the Alvopetro Energy management team in years:

6.1
Average Tenure
  • The average tenure for the Alvopetro Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Corey Ruttan

TITLE
CEO, President & Director
COMPENSATION
$377K
TENURE
6.1 yrs

Alison Howard

TITLE
Chief Financial Officer
COMPENSATION
$277K
TENURE
6.1 yrs

Andrea Hatzinikolas

TITLE
VP of Legal & Corporate and Corporate Secretary
COMPENSATION
$147K
TENURE
6.1 yrs
Board of Directors Tenure

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

6.1
Average Tenure
60
Average Age
  • The tenure for the Alvopetro Energy board of directors is about average.
Board of Directors

John Wright

TITLE
Chairman
COMPENSATION
$27K
AGE
59
TENURE
6.1 yrs

Corey Ruttan

TITLE
CEO, President & Director
COMPENSATION
$377K
TENURE
6.3 yrs

Ken McKinnon

TITLE
Independent Director
COMPENSATION
$24K
AGE
60
TENURE
6.1 yrs

Firoz Talakshi

TITLE
Independent Director
COMPENSATION
$24K
TENURE
6.1 yrs

Geir Ytreland

TITLE
Independent Director
COMPENSATION
$24K
AGE
68
TENURE
6.1 yrs

Roderick Fraser

TITLE
Independent Director
COMPENSATION
$24K
TENURE
6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Alvopetro 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. Alvopetro 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

Alvopetro Energy Ltd. engages in the acquisition, exploration, development, and production of hydrocarbons in the Recôncavo basins in onshore Brazil. The company holds interests in the Caburé and Gomo natural gas assets; two oil fields, including Bom Lugar and Mãe-da-lua; and seven other exploration assets comprising 65,151 gross acres in the Recôncavo basin onshore Brazil. The company was incorporated in 2013 and is headquartered in Calgary, Canada.

Details
Name: Alvopetro Energy Ltd.
ALVO.F
Exchange: OTCPK
Founded: 2013
CA$49,159,628
97,066,788
Website: http://www.alvopetro.com
Address: Alvopetro Energy Ltd.
525 – 8th Avenue SW,
Suite 1700,
Calgary,
Alberta, T2P 1G1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ALV Common Shares TSX Venture Exchange CA CAD 05. Dec 2013
OTCPK ALVO.F Common Shares Pink Sheets LLC US USD 05. Dec 2013
DB A6Y Common Shares Deutsche Boerse AG DE EUR 05. Dec 2013
Number of employees
Current staff
Staff numbers
34
Alvopetro Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/11 00:48
End of day share price update: 2019/12/10 00:00
Last estimates confirmation: 2019/10/15
Last earnings filing: 2019/11/12
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.