Buy Or Sell Opportunity • Jun 17
Now 21% overvalued Over the last 90 days, the stock has fallen 28% to US$8.29. The fair value is estimated to be US$6.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Earnings per share has declined by 46%. Declared Dividend • Jun 08
Dividend of US$0.10 announced Dividend of US$0.10 is the same as last year. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 1.1%, which is lower than the industry average of 4.5%. Sustainability & Growth The dividend has not increased over the past 2 years but payments have been stable during that time. Ankündigung • Jun 05
Mexco Energy Corporation Announces Annual Regular Cash Dividend, Payable on June 30, 2026 Mexco Energy Corporation announced that its Board of Directors declared a regular annual cash dividend of $0.10 per common share. The dividend is payable June 30, 2026 to the stockholders of record at the close of business on June 15, 2026. Recent Insider Transactions • Mar 10
Independent Director recently sold US$70k worth of stock On the 5th of March, Thomas Decker sold around 5k shares on-market at roughly US$14.08 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions Derivative • Mar 06
Independent Director notifies of intention to sell stock Thomas Decker intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of March. If the sale is conducted around the recent share price of US$12.70, it would amount to US$127k. Since September 2025, Thomas has owned 33.57k shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. New Risk • Mar 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$22.9m market cap). Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$12.70, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 14x in the Oil and Gas industry in the US. Total returns to shareholders of 1.6% over the past three years. Reported Earnings • Feb 12
Third quarter 2026 earnings released: EPS: US$0.025 (vs US$0.23 in 3Q 2025) Third quarter 2026 results: EPS: US$0.025 (down from US$0.23 in 3Q 2025). Revenue: US$1.38m (down 27% from 3Q 2025). Net income: US$50.2k (down 89% from 3Q 2025). Profit margin: 3.6% (down from 25% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to US$10.20, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 13x in the Oil and Gas industry in the US. Total loss to shareholders of 20% over the past three years. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: US$0.16 (vs US$0.15 in 2Q 2025) Second quarter 2026 results: EPS: US$0.16 (up from US$0.15 in 2Q 2025). Revenue: US$1.73m (flat on 2Q 2025). Net income: US$323.5k (up 2.0% from 2Q 2025). Profit margin: 19% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: US$0.12 (vs US$0.14 in 1Q 2025) First quarter 2026 results: EPS: US$0.12 (down from US$0.14 in 1Q 2025). Revenue: US$1.81m (up 5.0% from 1Q 2025). Net income: US$242.0k (down 17% from 1Q 2025). Profit margin: 13% (down from 17% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Ankündigung • Jul 25
Mexco Energy Corporation, Annual General Meeting, Sep 09, 2025 Mexco Energy Corporation, Annual General Meeting, Sep 09, 2025. Location: 415 west wall, suite 475, texas 79701, midland United States Reported Earnings • Jun 30
Full year 2025 earnings released: EPS: US$0.83 (vs US$0.64 in FY 2024) Full year 2025 results: EPS: US$0.83 (up from US$0.64 in FY 2024). Revenue: US$7.36m (up 11% from FY 2024). Net income: US$1.71m (up 27% from FY 2024). Profit margin: 23% (up from 20% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to US$9.56, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 12x in the Oil and Gas industry in the US. Total loss to shareholders of 40% over the past three years. New Risk • Jun 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (19% net profit margin). Market cap is less than US$100m (US$17.4m market cap). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$7.99, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 12x in the Oil and Gas industry in the US. Total loss to shareholders of 54% over the past three years. Declared Dividend • May 16
Dividend of US$0.10 announced Dividend of US$0.10 is the same as last year. Ex-date: 2nd June 2025 Payment date: 16th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 4.5%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Ankündigung • May 14
Mexco Energy Corporation Announces Annual Regular Dividend, Payable on June 16, 2025 Mexco Energy Corporation announced that its Board of Directors declared a regular annual cash dividend of $0.10 per common share. The dividend is payable June 16, 2025 to the stockholders of record at the close of business on June 2, 2025. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$6.81, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 11x in the Oil and Gas industry in the US. Total loss to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$8.11, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 13x in the Oil and Gas industry in the US. Total loss to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$9.21, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 12x in the Oil and Gas industry in the US. Total loss to shareholders of 41% over the past three years. Reported Earnings • Feb 09
Third quarter 2025 earnings released: EPS: US$0.23 (vs US$0.16 in 3Q 2024) Third quarter 2025 results: EPS: US$0.23 (up from US$0.16 in 3Q 2024). Revenue: US$1.89m (up 14% from 3Q 2024). Net income: US$469.1k (up 36% from 3Q 2024). Profit margin: 25% (up from 21% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$13.18, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 11x in the Oil and Gas industry in the US. Total returns to shareholders of 33% over the past three years. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: US$0.15 (vs US$0.13 in 2Q 2024) Second quarter 2025 results: EPS: US$0.15 (up from US$0.13 in 2Q 2024). Revenue: US$1.75m (up 24% from 2Q 2024). Net income: US$317.2k (up 18% from 2Q 2024). Profit margin: 18% (down from 19% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$13.69, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 10x in the Oil and Gas industry in the US. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$11.13, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 10x in the Oil and Gas industry in the US. Total returns to shareholders of 22% over the past three years. New Risk • Aug 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (18% net profit margin). Market cap is less than US$100m (US$25.1m market cap). Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: US$0.14 (vs US$0.22 in 1Q 2024) First quarter 2025 results: EPS: US$0.14 (down from US$0.22 in 1Q 2024). Revenue: US$1.73m (down 1.2% from 1Q 2024). Net income: US$291.0k (down 38% from 1Q 2024). Profit margin: 17% (down from 27% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to US$12.95, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 10x in the Oil and Gas industry in the US. Total returns to shareholders of 46% over the past three years. Ankündigung • Jul 23
Mexco Energy Corporation, Annual General Meeting, Sep 10, 2024 Mexco Energy Corporation, Annual General Meeting, Sep 10, 2024. Location: 415 west wall, suite 475, texas 79701, midland United States Reported Earnings • Jun 30
Full year 2024 earnings released: EPS: US$0.64 (vs US$2.17 in FY 2023) Full year 2024 results: EPS: US$0.64 (down from US$2.17 in FY 2023). Revenue: US$6.60m (down 31% from FY 2023). Net income: US$1.34m (down 71% from FY 2023). Profit margin: 20% (down from 49% in FY 2023). The decrease in margin was primarily driven by lower revenue. Oil reserves Proven reserves: 0.791 MMbbls Gas reserves Proven reserves: 4.537 Bcf Combined production Oil equivalent production: 0.154 MMboe (0.163 MMboe in FY 2023) Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 13
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 20 May 2024. Payment date: 04 June 2024. The average dividend yield among industry peers is 3.9%. Ankündigung • May 02
Mexco Energy Corporation (NYSEAM:MXC) announces an Equity Buyback for $1 million worth of its shares. Mexco Energy Corporation (NYSEAM:MXC) announces a share repurchase program. Under the program, the company will repurchase up to $1 million worth of its common shares. New Risk • Apr 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (28% net profit margin). Market cap is less than US$100m (US$26.7m market cap). Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$15.39, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 10x in the Oil and Gas industry in the US. Total returns to shareholders of 125% over the past three years. Recent Insider Transactions Derivative • Apr 04
President notifies of intention to sell stock Tamala McComic intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of April. If the sale is conducted around the recent share price of US$13.25, it would amount to US$119k. Since September 2023, Tamala has owned 1.22k shares directly. There has only been one transaction (US$17k purchase) from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$11.70, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 9x in the Oil and Gas industry in the US. Total returns to shareholders of 40% over the past three years. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: US$0.16 (vs US$0.58 in 3Q 2023) Third quarter 2024 results: EPS: US$0.16 (down from US$0.58 in 3Q 2023). Revenue: US$1.66m (down 36% from 3Q 2023). Net income: US$345.6k (down 72% from 3Q 2023). Profit margin: 21% (down from 48% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: US$0.13 (vs US$0.56 in 2Q 2023) Second quarter 2024 results: EPS: US$0.13 (down from US$0.56 in 2Q 2023). Revenue: US$1.41m (down 40% from 2Q 2023). Net income: US$269.4k (down 78% from 2Q 2023). Profit margin: 19% (down from 52% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: US$0.22 (vs US$0.60 in 1Q 2023) First quarter 2024 results: EPS: US$0.22 (down from US$0.60 in 1Q 2023). Revenue: US$1.75m (down 29% from 1Q 2023). Net income: US$465.6k (down 64% from 1Q 2023). Profit margin: 27% (down from 53% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 23
Mexco Energy Corporation, Annual General Meeting, Sep 12, 2023 Mexco Energy Corporation, Annual General Meeting, Sep 12, 2023, at 14:00 Central Daylight. Location: office located at 415 West Wall, Suite 475, Midland, Texas 79701 Midland United States Agenda: To consider Electing Directors of the Company; to consider Ratifying the selection of Weaver and Tidwell, L.L.P. as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024; to consider Voting upon a non-binding advisory resolution regarding the compensation of named executive officers as disclosed in this Proxy Statement; and to consider other business matters. Reported Earnings • Jun 27
Full year 2023 earnings released: EPS: US$2.17 (vs US$1.36 in FY 2022) Full year 2023 results: EPS: US$2.17 (up from US$1.36 in FY 2022). Revenue: US$9.56m (up 45% from FY 2022). Net income: US$4.66m (up 63% from FY 2022). Profit margin: 49% (up from 43% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$12.22, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 5x in the Oil and Gas industry in the US. Total returns to shareholders of 232% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: US$0.58 (vs US$0.35 in 3Q 2022) Third quarter 2023 results: EPS: US$0.58 (up from US$0.35 in 3Q 2022). Revenue: US$2.58m (up 62% from 3Q 2022). Net income: US$1.24m (up 65% from 3Q 2022). Profit margin: 48% (up from 47% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Thomas Decker was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: US$0.56 (vs US$0.34 in 2Q 2022) Second quarter 2023 results: EPS: US$0.56 (up from US$0.34 in 2Q 2022). Revenue: US$2.32m (up 50% from 2Q 2022). Net income: US$1.21m (up 71% from 2Q 2022). Profit margin: 52% (up from 46% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Thomas Decker was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Thomas Decker was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$16.09, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 9x in the Oil and Gas industry in the US. Total returns to shareholders of 309% over the past three years. Reported Earnings • Aug 16
First quarter 2023 earnings released: EPS: US$0.60 (vs US$0.19 in 1Q 2022) First quarter 2023 results: EPS: US$0.60 (up from US$0.19 in 1Q 2022). Revenue: US$2.45m (up 94% from 1Q 2022). Net income: US$1.30m (up 229% from 1Q 2022). Profit margin: 53% (up from 31% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 17% share price gain to US$18.60, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 13x in the Oil and Gas industry in the US. Total returns to shareholders of 356% over the past three years. Reported Earnings • Jun 28
Full year 2022 earnings released: EPS: US$1.36 (vs US$0.076 in FY 2021) Full year 2022 results: EPS: US$1.36 (up from US$0.076 in FY 2021). Revenue: US$6.59m (up 135% from FY 2021). Net income: US$2.86m (up US$2.70m from FY 2021). Profit margin: 43% (up from 5.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 21% share price decline to US$17.97, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 13x in the Oil and Gas industry in the US. Total returns to shareholders of 406% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 17% share price gain to US$19.76, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 14x in the Oil and Gas industry in the US. Total returns to shareholders of 420% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Chris Schroeder was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 17% share price gain to US$19.34, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 15x in the Oil and Gas industry in the US. Total returns to shareholders of 295% over the past three years. Board Change • Mar 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Chris Schroeder was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 11
Independent Director recently sold US$284k worth of stock On the 8th of March, Thomas Decker sold around 12k shares on-market at roughly US$23.50 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$558k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 26% share price gain to US$14.18, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 15x in the Oil and Gas industry in the US. Total returns to shareholders of 238% over the past three years. Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: US$0.35 (up from US$0.039 in 3Q 2021). Revenue: US$1.60m (up 128% from 3Q 2021). Net income: US$753.3k (up US$672.8k from 3Q 2021). Profit margin: 47% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$8.86, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 15x in the Oil and Gas industry in the US. Total returns to shareholders of 149% over the past three years. Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS US$0.34 (vs US$0.021 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$1.55m (up 144% from 2Q 2021). Net income: US$708.8k (up US$750.8k from 2Q 2021). Profit margin: 46% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS US$0.34 (vs US$0.021 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$1.55m (up 144% from 2Q 2021). Net income: US$708.8k (up US$750.8k from 2Q 2021). Profit margin: 46% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions Derivative • Oct 09
President notifies of intention to sell stock Tamala McComic intends to sell 11k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of October. If the sale is conducted around the recent share price of US$14.71, it would amount to US$162k. Since March 2021, Tamala has owned 1.22k shares directly. Company insiders have collectively sold US$581k more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Oct 09
Independent Director recently sold US$83k worth of stock On the 4th of October, Thomas Decker sold around 5k shares on-market at roughly US$16.58 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$308k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improved over the past week After last week's 27% share price gain to US$10.96, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 19x in the Oil and Gas industry in the US. Total returns to shareholders of 97% over the past three years. Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS US$0.19 (vs US$0.15 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$1.26m (up 241% from 1Q 2021). Net income: US$395.0k (up US$694.7k from 1Q 2021). Profit margin: 31% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS US$0.076 (vs US$0.049 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$2.80m (up 2.2% from FY 2020). Net income: US$155.9k (up US$255.4k from FY 2020). Profit margin: 5.6% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Recent Insider Transactions • Apr 06
VP & Secretary recently sold US$68k worth of stock On the 1st of April, Donna Yanko sold around 8k shares on-market at roughly US$8.48 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$312k more than they bought in the last 12 months. Recent Insider Transactions • Feb 24
Independent Director recently sold US$53k worth of stock On the 22nd of February, Thomas Decker sold around 5k shares on-market at roughly US$10.61 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$179k more than they bought in the last 12 months. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS US$0.039 (vs US$0.017 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: US$699.9k (down 9.1% from 3Q 2020). Net income: US$80.5k (up 129% from 3Q 2020). Profit margin: 12% (up from 4.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 11
New 90-day high: US$11.58 The company is up 140% from its price of US$4.83 on 12 November 2020. The American market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 37% over the same period. Recent Insider Transactions Derivative • Jan 09
President notifies of intention to sell stock Tamala McComic intends to sell roughly 16.50k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of January. If the sale is conducted around the recent share price of US$9.50, it would amount to US$157k. Since September 2020, Tamala has owned 1.22k shares directly. Company insiders have collectively sold US$98k more than they bought, via options and on-market transactions in the last 12 months. Is New 90 Day High Low • Jan 06
New 90-day high: US$10.57 The company is up 129% from its price of US$4.62 on 07 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 25% over the same period. Is New 90 Day High Low • Nov 25
New 90-day high: US$6.59 The company is up 29% from its price of US$5.10 on 26 August 2020. The American market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 5.0% over the same period. Reported Earnings • Nov 08
Second quarter 2021 earnings released: US$0.021 loss per share The company reported a solid second quarter result with reduced losses and improved revenues and control over expenses. Second quarter 2021 results: Revenue: US$636.0k (up 1.6% from 2Q 2020). Net loss: US$42.0k (loss narrowed 49% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Oct 14
Independent Director recently sold US$78k worth of stock On the 8th of October, Thomas Decker sold around 10k shares on-market at roughly US$7.84 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$18k more than they bought in the last 12 months. 