Decimus Oil（WCSB）株式概要テンス・アヴェニュー・ペトロリアム社は、カナダ西部で原油と天然ガスの探鉱、開発、生産を行っている。 詳細WCSB ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金0/6報酬当社が推定した公正価値より54.8%で取引されている リスク分析意味のある時価総額がありません ( CA$6M )Canadian市場と比較して、過去 3 か月間の株価の変動が非常に大きい過去5年間で収益は年間24.4%減少しました。 マイナスの株主資本 +1 さらなるリスクすべてのリスクチェックを見るWCSB Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW496,407 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG496,407 investors already sharing narrativesYour Fair ValueCA$Current PriceCA$0.1323.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-3m5m2016201920222025202620282031Revenue CA$5.3mEarnings CA$760.5kAdvancedSet Fair ValueView all narrativesDecimus Oil Corp. 競合他社Metalore ResourcesSymbol: TSXV:METMarket cap: CA$4.1mPulse OilSymbol: TSXV:PULMarket cap: CA$9.4mSaba EnergySymbol: TSXV:SABAMarket cap: CA$7.7mWedgemount ResourcesSymbol: CNSX:WDGYMarket cap: CA$8.6m価格と性能株価の高値、安値、推移の概要Decimus Oil過去の株価現在の株価CA$0.1352週高値CA$0.1552週安値CA$0.05ベータ0.0621ヶ月の変化18.18%3ヶ月変化85.71%1年変化44.44%3年間の変化4.00%5年間の変化160.00%IPOからの変化-98.70%最新ニュースReported Earnings • May 05Full year 2025 earnings released: CA$0.02 loss per share (vs CA$0.038 loss in FY 2024)Full year 2025 results: CA$0.02 loss per share (improved from CA$0.038 loss in FY 2024). Revenue: CA$2.45m (down 2.7% from FY 2024). Net loss: CA$757.8k (loss narrowed 51% from FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.New Risk • Mar 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-CA$346k). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (CA$3.35m market cap, or US$2.45m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).New Risk • Nov 27New major risk - Negative shareholders equityThe company has negative equity. Total equity: -CA$346k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Negative equity (-CA$346k). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (CA$3.12m market cap, or US$2.23m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).Reported Earnings • Nov 27Third quarter 2025 earnings released: CA$0.01 loss per share (vs CA$0.006 loss in 3Q 2024)Third quarter 2025 results: CA$0.01 loss per share (further deteriorated from CA$0.006 loss in 3Q 2024). Revenue: CA$552.1k (down 3.5% from 3Q 2024). Net loss: CA$378.0k (loss widened 54% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.お知らせ • Nov 19Decimus Oil Corp. announced that it expects to receive CAD 3.4 million in fundingDecimus Oil Corp. announced a non-brokered private placement offering of up to 42,500,000 units at a price of CAD 0.08 per unit for aggregate gross proceeds of up to CAD 3,400,000 on November 18, 2025. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant issued under the financing will entitle the holder to acquire one additional common share at a price of CAD 0.12 for a period of 12 months from the date of issuance. The Warrants will include an acceleration clause to the effect that if at any time the daily volume weighted average closing price of the Common Shares on the TSX Venture Exchange is CAD 0.15 or more for a period of ten consecutive days, the Company will be entitled to notify all holders of Warrants of its intention to force the exercise of the Warrants and to issue a press release to such effect, following which the holders of Warrants shall have thirty days from the date of the press release to exercise the Warrants. All the common shares and warrants issued in connection with this financing will be subject to a statutory four-month plus one day hold period in accordance with applicable securities laws. The company reserves the ability to pay a finder fee of up to 8% of the gross proceeds of the financing. Closing of this private placement is subject to receipt of approval from the TSX Venture Exchange. It is possible that insiders of the company may participate in the Offering.New Risk • Sep 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$499k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (CA$4.02m market cap, or US$2.88m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).最新情報をもっと見るRecent updatesReported Earnings • May 05Full year 2025 earnings released: CA$0.02 loss per share (vs CA$0.038 loss in FY 2024)Full year 2025 results: CA$0.02 loss per share (improved from CA$0.038 loss in FY 2024). Revenue: CA$2.45m (down 2.7% from FY 2024). Net loss: CA$757.8k (loss narrowed 51% from FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.New Risk • Mar 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-CA$346k). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (CA$3.35m market cap, or US$2.45m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).New Risk • Nov 27New major risk - Negative shareholders equityThe company has negative equity. Total equity: -CA$346k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Negative equity (-CA$346k). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (CA$3.12m market cap, or US$2.23m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).Reported Earnings • Nov 27Third quarter 2025 earnings released: CA$0.01 loss per share (vs CA$0.006 loss in 3Q 2024)Third quarter 2025 results: CA$0.01 loss per share (further deteriorated from CA$0.006 loss in 3Q 2024). Revenue: CA$552.1k (down 3.5% from 3Q 2024). Net loss: CA$378.0k (loss widened 54% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.お知らせ • Nov 19Decimus Oil Corp. announced that it expects to receive CAD 3.4 million in fundingDecimus Oil Corp. announced a non-brokered private placement offering of up to 42,500,000 units at a price of CAD 0.08 per unit for aggregate gross proceeds of up to CAD 3,400,000 on November 18, 2025. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant issued under the financing will entitle the holder to acquire one additional common share at a price of CAD 0.12 for a period of 12 months from the date of issuance. The Warrants will include an acceleration clause to the effect that if at any time the daily volume weighted average closing price of the Common Shares on the TSX Venture Exchange is CAD 0.15 or more for a period of ten consecutive days, the Company will be entitled to notify all holders of Warrants of its intention to force the exercise of the Warrants and to issue a press release to such effect, following which the holders of Warrants shall have thirty days from the date of the press release to exercise the Warrants. All the common shares and warrants issued in connection with this financing will be subject to a statutory four-month plus one day hold period in accordance with applicable securities laws. The company reserves the ability to pay a finder fee of up to 8% of the gross proceeds of the financing. Closing of this private placement is subject to receipt of approval from the TSX Venture Exchange. It is possible that insiders of the company may participate in the Offering.New Risk • Sep 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$499k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (CA$4.02m market cap, or US$2.88m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).Reported Earnings • Aug 26Second quarter 2025 earnings released: CA$0.009 loss per share (vs CA$0.006 loss in 2Q 2024)Second quarter 2025 results: CA$0.009 loss per share (further deteriorated from CA$0.006 loss in 2Q 2024). Revenue: CA$574.1k (down 27% from 2Q 2024). Net loss: CA$395.0k (loss widened 73% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 08Tenth Avenue Petroleum Corp., Annual General Meeting, Sep 17, 2025Tenth Avenue Petroleum Corp., Annual General Meeting, Sep 17, 2025.Reported Earnings • May 29First quarter 2025 earnings released: CA$0.01 loss per share (vs CA$0.006 loss in 1Q 2024)First quarter 2025 results: CA$0.01 loss per share (further deteriorated from CA$0.006 loss in 1Q 2024). Revenue: CA$767.2k (up 12% from 1Q 2024). Net loss: CA$268.2k (loss widened 22% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 28% per year.New Risk • Mar 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (CA$4.46m market cap, or US$3.11m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (CA$3.2m revenue, or US$2.2m).お知らせ • Jan 01Tenth Avenue Petroleum Corp. (TSXV:TPC) completed the acquisition of 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta for CAD 0.05 million.Tenth Avenue Petroleum Corp. (TSXV:TPC) has signed a non-binding Letter of Intent to acquire 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta for CAD 0.05 million on October 3, 2024. On October 29, 2024, Tenth Avenue Petroleum entered into a Purchase and Sales Agreement. Purchase Price will paid through the issuance of 500,000 common shares of the Company at deemed share price $0.10 per common share. The purchase price for the Acquisition is CAD 50,000 and will be provided to the vendor through the issuance of Common Shares of Tenth Avenue Petroleum Corp. to be calculated and finalized at closing and in compliance with the TSX Venture Exchange policies. Tenth Avenue Petroleum Corp. announced a non-brokered private placement of up to 17,000,000 units of Tenth Avenue Petroleum Corp., at an offering price of CAD 0.10 per Unit, with each Unit being made up of one common share and one-half (1/2) common shares purchase warrant for gross proceeds of up to CAD 1,700,000. Proceeds of the Offering will be used to partially finance the Acquisition. Closing of the Acquisition is subject to customary conditions, including the closing of the Offering and approval of the TSX Venture Exchange and is expected to occur on or about October 31, 2024. Closing of the offering is expected to occur on or about Oct. 25, 2024. The Acquisition is expected to be immediately accretive on key metrics, including 64% higher on production per share basis(3) , enhanced funds flow and increased future reserves. The Acquisition is expected to close on or about November 29, 2024. Tenth Avenue Petroleum Corp. (TSXV:TPC) completed the acquisition of 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta on December 31, 2024.New Risk • Dec 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (CA$3.09m market cap, or US$2.17m). Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Revenue is less than US$5m (CA$3.2m revenue, or US$2.3m).お知らせ • Oct 05Tenth Avenue Petroleum Corp. (TSXV:TPC) y has signed a non-binding Letter of Intent to acquire 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta for CAD 0.05 million.Tenth Avenue Petroleum Corp. (TSXV:TPC) y has signed a non-binding Letter of Intent to acquire 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta for CAD 0.05 million on October 3, 2024. The purchase price for the Acquisition is CAD 50,000 and will be provided to the vendor through the issuance of Common Shares of Tenth Avenue Petroleum Corp. to be calculated and finalized at closing and in compliance with the TSX Venture Exchange policies. Tenth Avenue Petroleum Corp. announced a non-brokered private placement of up to 17,000,000 units of Tenth Avenue Petroleum Corp., at an offering price of CAD 0.10 per Unit, with each Unit being made up of one common share and one-half (1/2) common shares purchase warrant for gross proceeds of up to CAD 1,700,000. Proceeds of the Offering will be used to partially finance the Acquisition. Closing of the Acquisition is subject to customary conditions, including the closing of the Offering and approval of the TSX Venture Exchange and is expected to occur on or about October 31, 2024. Closing of the offering is expected to occur on or about Oct. 25, 2024. The Acquisition is expected to be immediately accretive on key metrics, including 64% higher on production per share basis(3) , enhanced funds flow and increased future reserves.お知らせ • Oct 04Tenth Avenue Petroleum Corp. announced that it expects to receive CAD 1.7 million in fundingTenth Avenue Petroleum Corp. announced a non-brokered private placement of up to 17,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 1,700,000 on October 3, 2024. Each Unit being made up of one common share and one-half common shares purchase warrant. Closing of the Offering is expected to occur on or about October 25, 2024. Each Warrant is exercisable into one Common Share at a price of CAD 0.15 per Common Share at any time within 12 months following the date of issuance of the Warrant. The Company may pay a finder’s fee on the Offering. Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals and approval from the TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the closing of the Offering in accordance with applicable securities legislation. The Offering remains subject to approval by the TSX Venture Exchange.お知らせ • Oct 01Tenth Avenue Petroleum Corp., Annual General Meeting, Nov 27, 2024Tenth Avenue Petroleum Corp., Annual General Meeting, Nov 27, 2024.Reported Earnings • Aug 28Second quarter 2024 earnings released: CA$0.01 loss per share (vs CA$0.012 loss in 2Q 2023)Second quarter 2024 results: CA$0.01 loss per share (improved from CA$0.012 loss in 2Q 2023). Revenue: CA$781.6k (up 1.0% from 2Q 2023). Net loss: CA$228.8k (loss narrowed 51% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.お知らせ • Jul 25Tenth Avenue Petroleum Announces Murray Lake Operational Update & Increases Injection Capacity with New Horizontal WellTenth Avenue Petroleum Corp. announced that it has completed the conversion of a new horizontal injection well 5-36, at it's 100% operated Murray Lake Mannville "A" Pool, and that it has restored its previously curtailed production volumes. As disclosed in the Company press releases dated April 23, 2024 and May 28, 2024, the Company had approximately 15 barrels of oil per day ("bbls/d") of oil production curtailed in Murray Lake located in southern Alberta, due to a water injection line failure that caused the Company to have to shut-in a vertical disposal well in September 2023. The Company took advantage of this situation to redesign and optimize the existing enhanced oil recovery ("EOR") program at Murray Lake as the new 5-36 horizonal injector is situated structurally lower in the Mannville zone than the vertical well was and the horizonal well is capable of injecting at higher rates. The Company estimates its water injection capacity has increased from 950 bbls/d in the vertical well to 1,600-1,900 bbls/d in The new 5-36 converted horizontal well. The increased injection capacity will enable the Company to potentially attract additional third-party processing revenue and more importantly accelerate pressure support in the reservoir which the Company believes will eventually lead to improved oil recovery and increased production. Murray Lake Mannville "A") Pool has approximately 8.9 million barrels (Mbbls) of original oil in place ("OOIP") with approximately 9% of that oil recovered to date. During 2023, the Company realized positive waterflood performance at Murray Lake which resulted in shallower production declines and an overall increase in recoverable reserves in the pool as disclosed in it's third-party reserve evaluation dated December 31, 2023. This increase in water injection capability will allow the Company to increase it's voidage replacement while accelerating pressure support which the Company believes may lead to recovery of an additional 5-10% of OOIP in this reservoir and lead to an increase of approximately 20-40 bbls/d of oil production in the pool over time.Reported Earnings • May 30First quarter 2024 earnings released: CA$0.01 loss per share (vs CA$0.007 loss in 1Q 2023)First quarter 2024 results: CA$0.01 loss per share. Revenue: CA$682.8k (down 26% from 1Q 2023). Net loss: CA$220.3k (loss narrowed 18% from 1Q 2023).Reported Earnings • Apr 23Full year 2023 earnings released: CA$0.04 loss per share (vs CA$0.067 loss in FY 2022)Full year 2023 results: CA$0.04 loss per share (improved from CA$0.067 loss in FY 2022). Revenue: CA$3.45m (up 6.8% from FY 2022). Net loss: CA$1.41m (loss narrowed 42% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 28Third quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.007 loss in 3Q 2022)Third quarter 2023 results: CA$0.003 loss per share (improved from CA$0.007 loss in 3Q 2022). Revenue: CA$965.0k (up 22% from 3Q 2022). Net loss: CA$186.2k (loss narrowed 28% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.Reported Earnings • Aug 31Second quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.005 profit in 2Q 2022)Second quarter 2023 results: CA$0.01 loss per share (down from CA$0.005 profit in 2Q 2022). Revenue: CA$773.6k (down 37% from 2Q 2022). Net loss: CA$466.3k (down 362% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.お知らせ • Jul 15Tenth Avenue Petroleum Corp., Annual General Meeting, Sep 12, 2023Tenth Avenue Petroleum Corp., Annual General Meeting, Sep 12, 2023.お知らせ • May 16Tenth Avenue Petroleum Corp. Announces Chief Financial Officer ChangesTenth Avenue Petroleum Corp. announced the appointment of Sonja Kuehnle as Chief Financial Officer, effective May 9, 2023. Mrs. Kuehnle is a Chartered Professional Accountant and Chartered Accountant, with over 15 years' experience in the energy, forestry, and accounting sectors. As well as working in the Calgary offices of the international accounting firm KPMG LLP, she served in several finance and accounting positions within Western Canada's oil and gas industry. Most recently, Mrs. Kuehnle worked as Chief Financial Officer for Calgary based Eguana Technologies Inc., a global, energy management technology company, providing residential and small commercial solar and storage solutions. Concurrent with this appointment, Mr. Charles Chebry has stepped down as the Interim CFO, after having served the Company since 2021. The Board of Directors and the executive management team would like to take this opportunity to thank Mr. Chebry for his valuable contributions in his time as Interim CFO.Board Change • Nov 16High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Cameron MacDonald is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Oct 01Tenth Avenue Petroleum Corp. (TSXV:TPC) agreed to acquire light oil, high netback asset in Southern Alberta from Danzig Resources Ltd. for CAD 0.76 million.Tenth Avenue Petroleum Corp. (TSXV:TPC) agreed to acquire light oil, high netback asset in Southern Alberta from Danzig Resources Ltd. for CAD 0.76 million on September 01, 2022. Consideration is payable with CAD 0.4 million cash and the issuance of 1,500,000 common shares of the Company at an ascribed price of CAD 0.24 per share. The Consideration Shares (representing approximately 3.76% of the issued and outstanding common shares of the Company, on a non-diluted basis, post-Acquisition) will be subject to a lockup such that 50% of the Consideration Shares will be subject to a six-month escrow period and remaining 50% of the Consideration Shares will be subject to a twelve-month escrow period. Closing of the Acquisition is subject to certain customary conditions and regulatory and other approvals, including all necessary approvals of the TSX Venture Exchange. Acquisition is accretive on a per share basis.お知らせ • May 26Tenth Avenue Petroleum Corp. Announces Project Update Including Successful Completion of Facility Upgrades and Cost ReductionsTenth Avenue Petroleum Corp. announced updates to its Enhanced Oil Recovery project at Murray Lake, Alberta. The project is designed to increase oil recovery and extend the life of the field by injection of fluids into the existing producing reservoir. The company announced the closing of 76 bbls/d (100% oil & NGLs) of high quality, high netback, low decline oil assets in the Murray Lake and Hays area of Southern Alberta. The effective date of the acquisition was March 1, 2022, which further strengthens the Company's existing production volumes, third-party processing and operating cashflow for the first quarter. The Company successfully completed facility upgrades at Murray Lake in April, including capacity expansions to the existing infrastructure with the addition of a new treater, injection pumps, upgraded water handling capacity and 5,000 bbls of storage. EOR injection operations commenced the first week of May 2022 and the Company has increased its current injection volumes to ~135m3/day (849 barrels fluid per day) and the Company anticipates oil production volumes to steadily increase based on the increase in injection rates. The Company EOR plan is to steadily increase its voidage replacement ratio from 1:1 (current), up to 3:1, which increase both total fluid and oil production volumes. The Company is actively monitoring injection volumes and production responses across injection patterns in an effort to maximize economic recovery of the Mannville "A" pool. Analogues pools have reached recovery factors of original oil in place of upwards of 20%, while to date less than 8% of the oil in place has been recovered in the Mannville "A" pool. The Company has successfully completed the facility upgrades at the 7-36-9-8W4M oil battery. The Company had originally budgeted $440,000 for the project and announced it was completed for less than $300,000.Reported Earnings • May 06Full year 2021 earnings released: EPS: CA$0.03 (vs CA$0.014 loss in FY 2020)Full year 2021 results: EPS: CA$0.03 (up from CA$0.014 loss in FY 2020). Net income: CA$384.5k (up CA$527.7k from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Cameron MacDonald is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 14Tenth Avenue Petroleum Corp. acquired Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million.Tenth Avenue Petroleum Corp. (TSXV:TPC) entered into an agreement to acquire Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million on January 13, 2021. Total consideration for the Acquisition is CAD 2,500,000, payable with CAD 1,750,000 cash and CAD 750,000 in common shares of Tenth Avenue Petroleum Corp. The aggregate amount of the concurrent Financing is anticipated to be approximately CAD 3.5 million. The Company reserves the ability to pay a finder fee of up to 7% of the gross proceeds of the financing. Closing of this private placement is subject to receipt of approval from the TSX Venture Exchange. This financing will help close our transformative acquisition and provide the working capital necessary to complete our capital expenditure work programs in southern Alberta. The Acquisition is expected to close on or before March 1, 2022, subject to customary closing adjustments, completion of a concurrent financing and the receipt of necessary regulatory and TSX Venture Exchange approvals. Tenth Avenue Petroleum Corp. completed the acquisition of Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million on April 12, 2022.お知らせ • Feb 19Tenth Avenue Petroleum Corp. announced that it has received CAD 3.13875 million in fundingOn February 18, 2022, Tenth Avenue Petroleum Corp. closed the transaction. The company issued 12,555,000 units for gross proceeds of CAD $3,138,750 in the transaction. The company paid finder’s fees of CAD 81,375 to Leede Jones Gable Inc., PI Financial Corp., Echelon Wealth Partners Inc., Research Capital Corp. and Canaccord Genuity Corp. in connection with the transaction. The transaction was oversubscribed.お知らせ • Jan 18Tenth Avenue Petroleum Corp. announced that it expects to receive CAD 3 million in fundingTenth Avenue Petroleum Corp. announced a private placement of up to 12 million units at a price of CAD 0.25 for gross proceeds of CAD up to $3,000,000. Each Unit will consist of one common share of the company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at a price of CAD 0.30 for a period of 12 months from the date of issuance. The Warrants will include an acceleration clause to the effect that if at any time the daily volume weighted average closing price of the common shares on the TSX Venture Exchange is CAD 0.35 or more for a period of twenty consecutive days, the company will be entitled to notify all holders of warrants of its intention to force the exercise of the warrants and to issue a press release to such effect, following which the holders of Warrants shall have thirty days from the date of the press release to exercise the Warrants. All securities issued in the transaction will be subject to a statutory four-month hold period in accordance with applicable securities laws. The company may pay 7% of the gross proceeds as finders fee. The transaction is subject to approval from TSX Venture Exchange.お知らせ • Jan 14Tenth Avenue Petroleum Corp. (TSXV:TPC) entered into an agreement to acquire Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million.Tenth Avenue Petroleum Corp. (TSXV:TPC) entered into an agreement to acquire Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million on January 13, 2021. Total consideration for the Acquisition is CAD 2,500,000, payable with CAD 1,750,000 cash and CAD 750,000 in common shares of Tenth Avenue Petroleum Corp. The aggregate amount of the concurrent Financing is anticipated to be approximately CAD 3.5 million. The Acquisition is expected to close on or before March 1, 2022, subject to customary closing adjustments, completion of a concurrent financing and the receipt of necessary regulatory and TSX Venture Exchange approvals.Reported Earnings • Dec 05Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: CA$0.004 (up from CA$0.008 loss in 3Q 2020). Revenue: CA$254.7k (up 135% from 3Q 2020). Net income: CA$46.9k (up CA$132.2k from 3Q 2020). Profit margin: 18% (up from net loss in 3Q 2020). The move to profitability 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 35% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Oct 13No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tracy Zimmerman was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 29Second quarter 2021 earnings released: CA$0.003 loss per share (vs CA$0.003 loss in 2Q 2020)The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: CA$160.1k (down 18% from 2Q 2020). Net loss: CA$30.2k (loss narrowed 17% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 39% per year.Reported Earnings • Apr 24Full year 2020 earnings released: CA$0.01 loss per share (vs CA$0.05 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: CA$751.0k (down 4.9% from FY 2019). Net loss: CA$143.2k (loss narrowed 73% from FY 2019). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 06Tenth Avenue Petroleum Corp. announced that it expects to receive CAD 0.5 million in fundingTenth Avenue Petroleum Corp. (TSXV:TPC) announced a private placement of 10,000,000 units at issue price of CAD 0.05 per unit for gross proceeds of CAD 500,000 on April 5, 2021. Each unit consists of one common share and one transferrable common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of CAD 0.08 per share until the earlier of the date that is one year from the date of issuance of such warrant or the completion of a reverse takeover. All the securities to be issued are subject to a hold period of four months. The transaction is expected to close by end of May 2021. The company will pay finders fees of 10% to qualified finders. The transaction needs to be approved by the shareholders of the company, regulatory approval, and TSXV approval.お知らせ • Mar 06Tenth Avenue Petroleum Corp., Annual General Meeting, Apr 30, 2021Tenth Avenue Petroleum Corp., Annual General Meeting, Apr 30, 2021.Reported Earnings • Dec 01Third quarter 2020 earnings released: CA$0.008 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: CA$108.5k (up 52% from 3Q 2019). Net loss: CA$85.3k (loss narrowed 32% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.株主還元WCSBCA Oil and GasCA 市場7D13.0%5.1%-0.07%1Y44.4%41.1%28.7%株主還元を見る業界別リターン: WCSB過去 1 年間で41.1 % の収益を上げたCanadian Oil and Gas業界を上回りました。リターン対市場: WCSB過去 1 年間で28.7 % の収益を上げたCanadian市場を上回りました。価格変動Is WCSB's price volatile compared to industry and market?WCSB volatilityWCSB Average Weekly Movement21.8%Oil and Gas Industry Average Movement7.7%Market Average Movement9.6%10% most volatile stocks in CA Market16.7%10% least volatile stocks in CA Market3.6%安定した株価: WCSBの株価は、 Canadian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: WCSBの weekly volatility ( 22% ) は過去 1 年間安定していますが、依然としてCanadianの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2011n/aCameron MacDonalddecimusoil.comTenth Avenue Petroleum Corp.は、カナダ西部で原油と天然ガスの探鉱、開発、生産を行っている。同社は以前Jadela Oil Corp.として知られていたが、2015年5月にTenth Avenue Petroleum Corp.に社名を変更した。Tenth Avenue Petroleum Corp.は2011年に法人化され、カナダのカルガリーに本社を置いている。もっと見るDecimus Oil Corp. 基礎のまとめDecimus Oil の収益と売上を時価総額と比較するとどうか。WCSB 基礎統計学時価総額CA$5.80m収益（TTM）-CA$762.23k売上高(TTM)CA$2.26m2.6xP/Sレシオ-7.6xPER（株価収益率WCSB は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計WCSB 損益計算書（TTM）収益CA$2.26m売上原価CA$2.09m売上総利益CA$177.43kその他の費用CA$939.66k収益-CA$762.23k直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.017グロス・マージン7.83%純利益率-33.66%有利子負債／自己資本比率-5.1%WCSB の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/13 18:15終値2026/07/13 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Decimus Oil Corp. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 05Full year 2025 earnings released: CA$0.02 loss per share (vs CA$0.038 loss in FY 2024)Full year 2025 results: CA$0.02 loss per share (improved from CA$0.038 loss in FY 2024). Revenue: CA$2.45m (down 2.7% from FY 2024). Net loss: CA$757.8k (loss narrowed 51% from FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
New Risk • Mar 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-CA$346k). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (CA$3.35m market cap, or US$2.45m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).
New Risk • Nov 27New major risk - Negative shareholders equityThe company has negative equity. Total equity: -CA$346k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Negative equity (-CA$346k). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (CA$3.12m market cap, or US$2.23m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).
Reported Earnings • Nov 27Third quarter 2025 earnings released: CA$0.01 loss per share (vs CA$0.006 loss in 3Q 2024)Third quarter 2025 results: CA$0.01 loss per share (further deteriorated from CA$0.006 loss in 3Q 2024). Revenue: CA$552.1k (down 3.5% from 3Q 2024). Net loss: CA$378.0k (loss widened 54% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
お知らせ • Nov 19Decimus Oil Corp. announced that it expects to receive CAD 3.4 million in fundingDecimus Oil Corp. announced a non-brokered private placement offering of up to 42,500,000 units at a price of CAD 0.08 per unit for aggregate gross proceeds of up to CAD 3,400,000 on November 18, 2025. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant issued under the financing will entitle the holder to acquire one additional common share at a price of CAD 0.12 for a period of 12 months from the date of issuance. The Warrants will include an acceleration clause to the effect that if at any time the daily volume weighted average closing price of the Common Shares on the TSX Venture Exchange is CAD 0.15 or more for a period of ten consecutive days, the Company will be entitled to notify all holders of Warrants of its intention to force the exercise of the Warrants and to issue a press release to such effect, following which the holders of Warrants shall have thirty days from the date of the press release to exercise the Warrants. All the common shares and warrants issued in connection with this financing will be subject to a statutory four-month plus one day hold period in accordance with applicable securities laws. The company reserves the ability to pay a finder fee of up to 8% of the gross proceeds of the financing. Closing of this private placement is subject to receipt of approval from the TSX Venture Exchange. It is possible that insiders of the company may participate in the Offering.
New Risk • Sep 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$499k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (CA$4.02m market cap, or US$2.88m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).
Reported Earnings • May 05Full year 2025 earnings released: CA$0.02 loss per share (vs CA$0.038 loss in FY 2024)Full year 2025 results: CA$0.02 loss per share (improved from CA$0.038 loss in FY 2024). Revenue: CA$2.45m (down 2.7% from FY 2024). Net loss: CA$757.8k (loss narrowed 51% from FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
New Risk • Mar 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-CA$346k). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (CA$3.35m market cap, or US$2.45m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).
New Risk • Nov 27New major risk - Negative shareholders equityThe company has negative equity. Total equity: -CA$346k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Negative equity (-CA$346k). Earnings have declined by 36% per year over the past 5 years. Market cap is less than US$10m (CA$3.12m market cap, or US$2.23m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).
Reported Earnings • Nov 27Third quarter 2025 earnings released: CA$0.01 loss per share (vs CA$0.006 loss in 3Q 2024)Third quarter 2025 results: CA$0.01 loss per share (further deteriorated from CA$0.006 loss in 3Q 2024). Revenue: CA$552.1k (down 3.5% from 3Q 2024). Net loss: CA$378.0k (loss widened 54% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
お知らせ • Nov 19Decimus Oil Corp. announced that it expects to receive CAD 3.4 million in fundingDecimus Oil Corp. announced a non-brokered private placement offering of up to 42,500,000 units at a price of CAD 0.08 per unit for aggregate gross proceeds of up to CAD 3,400,000 on November 18, 2025. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant issued under the financing will entitle the holder to acquire one additional common share at a price of CAD 0.12 for a period of 12 months from the date of issuance. The Warrants will include an acceleration clause to the effect that if at any time the daily volume weighted average closing price of the Common Shares on the TSX Venture Exchange is CAD 0.15 or more for a period of ten consecutive days, the Company will be entitled to notify all holders of Warrants of its intention to force the exercise of the Warrants and to issue a press release to such effect, following which the holders of Warrants shall have thirty days from the date of the press release to exercise the Warrants. All the common shares and warrants issued in connection with this financing will be subject to a statutory four-month plus one day hold period in accordance with applicable securities laws. The company reserves the ability to pay a finder fee of up to 8% of the gross proceeds of the financing. Closing of this private placement is subject to receipt of approval from the TSX Venture Exchange. It is possible that insiders of the company may participate in the Offering.
New Risk • Sep 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$499k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (CA$4.02m market cap, or US$2.88m). Minor Risk Revenue is less than US$5m (CA$2.4m revenue, or US$1.7m).
Reported Earnings • Aug 26Second quarter 2025 earnings released: CA$0.009 loss per share (vs CA$0.006 loss in 2Q 2024)Second quarter 2025 results: CA$0.009 loss per share (further deteriorated from CA$0.006 loss in 2Q 2024). Revenue: CA$574.1k (down 27% from 2Q 2024). Net loss: CA$395.0k (loss widened 73% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 08Tenth Avenue Petroleum Corp., Annual General Meeting, Sep 17, 2025Tenth Avenue Petroleum Corp., Annual General Meeting, Sep 17, 2025.
Reported Earnings • May 29First quarter 2025 earnings released: CA$0.01 loss per share (vs CA$0.006 loss in 1Q 2024)First quarter 2025 results: CA$0.01 loss per share (further deteriorated from CA$0.006 loss in 1Q 2024). Revenue: CA$767.2k (up 12% from 1Q 2024). Net loss: CA$268.2k (loss widened 22% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 28% per year.
New Risk • Mar 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (CA$4.46m market cap, or US$3.11m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (CA$3.2m revenue, or US$2.2m).
お知らせ • Jan 01Tenth Avenue Petroleum Corp. (TSXV:TPC) completed the acquisition of 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta for CAD 0.05 million.Tenth Avenue Petroleum Corp. (TSXV:TPC) has signed a non-binding Letter of Intent to acquire 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta for CAD 0.05 million on October 3, 2024. On October 29, 2024, Tenth Avenue Petroleum entered into a Purchase and Sales Agreement. Purchase Price will paid through the issuance of 500,000 common shares of the Company at deemed share price $0.10 per common share. The purchase price for the Acquisition is CAD 50,000 and will be provided to the vendor through the issuance of Common Shares of Tenth Avenue Petroleum Corp. to be calculated and finalized at closing and in compliance with the TSX Venture Exchange policies. Tenth Avenue Petroleum Corp. announced a non-brokered private placement of up to 17,000,000 units of Tenth Avenue Petroleum Corp., at an offering price of CAD 0.10 per Unit, with each Unit being made up of one common share and one-half (1/2) common shares purchase warrant for gross proceeds of up to CAD 1,700,000. Proceeds of the Offering will be used to partially finance the Acquisition. Closing of the Acquisition is subject to customary conditions, including the closing of the Offering and approval of the TSX Venture Exchange and is expected to occur on or about October 31, 2024. Closing of the offering is expected to occur on or about Oct. 25, 2024. The Acquisition is expected to be immediately accretive on key metrics, including 64% higher on production per share basis(3) , enhanced funds flow and increased future reserves. The Acquisition is expected to close on or about November 29, 2024. Tenth Avenue Petroleum Corp. (TSXV:TPC) completed the acquisition of 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta on December 31, 2024.
New Risk • Dec 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (CA$3.09m market cap, or US$2.17m). Minor Risks Shareholders have been diluted in the past year (10% increase in shares outstanding). Revenue is less than US$5m (CA$3.2m revenue, or US$2.3m).
お知らせ • Oct 05Tenth Avenue Petroleum Corp. (TSXV:TPC) y has signed a non-binding Letter of Intent to acquire 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta for CAD 0.05 million.Tenth Avenue Petroleum Corp. (TSXV:TPC) y has signed a non-binding Letter of Intent to acquire 82 boe/d (492 mcf/d) of low decline, long-life producing natural gas assets located north in Alberta for CAD 0.05 million on October 3, 2024. The purchase price for the Acquisition is CAD 50,000 and will be provided to the vendor through the issuance of Common Shares of Tenth Avenue Petroleum Corp. to be calculated and finalized at closing and in compliance with the TSX Venture Exchange policies. Tenth Avenue Petroleum Corp. announced a non-brokered private placement of up to 17,000,000 units of Tenth Avenue Petroleum Corp., at an offering price of CAD 0.10 per Unit, with each Unit being made up of one common share and one-half (1/2) common shares purchase warrant for gross proceeds of up to CAD 1,700,000. Proceeds of the Offering will be used to partially finance the Acquisition. Closing of the Acquisition is subject to customary conditions, including the closing of the Offering and approval of the TSX Venture Exchange and is expected to occur on or about October 31, 2024. Closing of the offering is expected to occur on or about Oct. 25, 2024. The Acquisition is expected to be immediately accretive on key metrics, including 64% higher on production per share basis(3) , enhanced funds flow and increased future reserves.
お知らせ • Oct 04Tenth Avenue Petroleum Corp. announced that it expects to receive CAD 1.7 million in fundingTenth Avenue Petroleum Corp. announced a non-brokered private placement of up to 17,000,000 units at an issue price of CAD 0.10 per unit for the gross proceeds of CAD 1,700,000 on October 3, 2024. Each Unit being made up of one common share and one-half common shares purchase warrant. Closing of the Offering is expected to occur on or about October 25, 2024. Each Warrant is exercisable into one Common Share at a price of CAD 0.15 per Common Share at any time within 12 months following the date of issuance of the Warrant. The Company may pay a finder’s fee on the Offering. Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals and approval from the TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the closing of the Offering in accordance with applicable securities legislation. The Offering remains subject to approval by the TSX Venture Exchange.
お知らせ • Oct 01Tenth Avenue Petroleum Corp., Annual General Meeting, Nov 27, 2024Tenth Avenue Petroleum Corp., Annual General Meeting, Nov 27, 2024.
Reported Earnings • Aug 28Second quarter 2024 earnings released: CA$0.01 loss per share (vs CA$0.012 loss in 2Q 2023)Second quarter 2024 results: CA$0.01 loss per share (improved from CA$0.012 loss in 2Q 2023). Revenue: CA$781.6k (up 1.0% from 2Q 2023). Net loss: CA$228.8k (loss narrowed 51% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 25Tenth Avenue Petroleum Announces Murray Lake Operational Update & Increases Injection Capacity with New Horizontal WellTenth Avenue Petroleum Corp. announced that it has completed the conversion of a new horizontal injection well 5-36, at it's 100% operated Murray Lake Mannville "A" Pool, and that it has restored its previously curtailed production volumes. As disclosed in the Company press releases dated April 23, 2024 and May 28, 2024, the Company had approximately 15 barrels of oil per day ("bbls/d") of oil production curtailed in Murray Lake located in southern Alberta, due to a water injection line failure that caused the Company to have to shut-in a vertical disposal well in September 2023. The Company took advantage of this situation to redesign and optimize the existing enhanced oil recovery ("EOR") program at Murray Lake as the new 5-36 horizonal injector is situated structurally lower in the Mannville zone than the vertical well was and the horizonal well is capable of injecting at higher rates. The Company estimates its water injection capacity has increased from 950 bbls/d in the vertical well to 1,600-1,900 bbls/d in The new 5-36 converted horizontal well. The increased injection capacity will enable the Company to potentially attract additional third-party processing revenue and more importantly accelerate pressure support in the reservoir which the Company believes will eventually lead to improved oil recovery and increased production. Murray Lake Mannville "A") Pool has approximately 8.9 million barrels (Mbbls) of original oil in place ("OOIP") with approximately 9% of that oil recovered to date. During 2023, the Company realized positive waterflood performance at Murray Lake which resulted in shallower production declines and an overall increase in recoverable reserves in the pool as disclosed in it's third-party reserve evaluation dated December 31, 2023. This increase in water injection capability will allow the Company to increase it's voidage replacement while accelerating pressure support which the Company believes may lead to recovery of an additional 5-10% of OOIP in this reservoir and lead to an increase of approximately 20-40 bbls/d of oil production in the pool over time.
Reported Earnings • May 30First quarter 2024 earnings released: CA$0.01 loss per share (vs CA$0.007 loss in 1Q 2023)First quarter 2024 results: CA$0.01 loss per share. Revenue: CA$682.8k (down 26% from 1Q 2023). Net loss: CA$220.3k (loss narrowed 18% from 1Q 2023).
Reported Earnings • Apr 23Full year 2023 earnings released: CA$0.04 loss per share (vs CA$0.067 loss in FY 2022)Full year 2023 results: CA$0.04 loss per share (improved from CA$0.067 loss in FY 2022). Revenue: CA$3.45m (up 6.8% from FY 2022). Net loss: CA$1.41m (loss narrowed 42% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 28Third quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.007 loss in 3Q 2022)Third quarter 2023 results: CA$0.003 loss per share (improved from CA$0.007 loss in 3Q 2022). Revenue: CA$965.0k (up 22% from 3Q 2022). Net loss: CA$186.2k (loss narrowed 28% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 31Second quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.005 profit in 2Q 2022)Second quarter 2023 results: CA$0.01 loss per share (down from CA$0.005 profit in 2Q 2022). Revenue: CA$773.6k (down 37% from 2Q 2022). Net loss: CA$466.3k (down 362% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
お知らせ • Jul 15Tenth Avenue Petroleum Corp., Annual General Meeting, Sep 12, 2023Tenth Avenue Petroleum Corp., Annual General Meeting, Sep 12, 2023.
お知らせ • May 16Tenth Avenue Petroleum Corp. Announces Chief Financial Officer ChangesTenth Avenue Petroleum Corp. announced the appointment of Sonja Kuehnle as Chief Financial Officer, effective May 9, 2023. Mrs. Kuehnle is a Chartered Professional Accountant and Chartered Accountant, with over 15 years' experience in the energy, forestry, and accounting sectors. As well as working in the Calgary offices of the international accounting firm KPMG LLP, she served in several finance and accounting positions within Western Canada's oil and gas industry. Most recently, Mrs. Kuehnle worked as Chief Financial Officer for Calgary based Eguana Technologies Inc., a global, energy management technology company, providing residential and small commercial solar and storage solutions. Concurrent with this appointment, Mr. Charles Chebry has stepped down as the Interim CFO, after having served the Company since 2021. The Board of Directors and the executive management team would like to take this opportunity to thank Mr. Chebry for his valuable contributions in his time as Interim CFO.
Board Change • Nov 16High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Cameron MacDonald is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 01Tenth Avenue Petroleum Corp. (TSXV:TPC) agreed to acquire light oil, high netback asset in Southern Alberta from Danzig Resources Ltd. for CAD 0.76 million.Tenth Avenue Petroleum Corp. (TSXV:TPC) agreed to acquire light oil, high netback asset in Southern Alberta from Danzig Resources Ltd. for CAD 0.76 million on September 01, 2022. Consideration is payable with CAD 0.4 million cash and the issuance of 1,500,000 common shares of the Company at an ascribed price of CAD 0.24 per share. The Consideration Shares (representing approximately 3.76% of the issued and outstanding common shares of the Company, on a non-diluted basis, post-Acquisition) will be subject to a lockup such that 50% of the Consideration Shares will be subject to a six-month escrow period and remaining 50% of the Consideration Shares will be subject to a twelve-month escrow period. Closing of the Acquisition is subject to certain customary conditions and regulatory and other approvals, including all necessary approvals of the TSX Venture Exchange. Acquisition is accretive on a per share basis.
お知らせ • May 26Tenth Avenue Petroleum Corp. Announces Project Update Including Successful Completion of Facility Upgrades and Cost ReductionsTenth Avenue Petroleum Corp. announced updates to its Enhanced Oil Recovery project at Murray Lake, Alberta. The project is designed to increase oil recovery and extend the life of the field by injection of fluids into the existing producing reservoir. The company announced the closing of 76 bbls/d (100% oil & NGLs) of high quality, high netback, low decline oil assets in the Murray Lake and Hays area of Southern Alberta. The effective date of the acquisition was March 1, 2022, which further strengthens the Company's existing production volumes, third-party processing and operating cashflow for the first quarter. The Company successfully completed facility upgrades at Murray Lake in April, including capacity expansions to the existing infrastructure with the addition of a new treater, injection pumps, upgraded water handling capacity and 5,000 bbls of storage. EOR injection operations commenced the first week of May 2022 and the Company has increased its current injection volumes to ~135m3/day (849 barrels fluid per day) and the Company anticipates oil production volumes to steadily increase based on the increase in injection rates. The Company EOR plan is to steadily increase its voidage replacement ratio from 1:1 (current), up to 3:1, which increase both total fluid and oil production volumes. The Company is actively monitoring injection volumes and production responses across injection patterns in an effort to maximize economic recovery of the Mannville "A" pool. Analogues pools have reached recovery factors of original oil in place of upwards of 20%, while to date less than 8% of the oil in place has been recovered in the Mannville "A" pool. The Company has successfully completed the facility upgrades at the 7-36-9-8W4M oil battery. The Company had originally budgeted $440,000 for the project and announced it was completed for less than $300,000.
Reported Earnings • May 06Full year 2021 earnings released: EPS: CA$0.03 (vs CA$0.014 loss in FY 2020)Full year 2021 results: EPS: CA$0.03 (up from CA$0.014 loss in FY 2020). Net income: CA$384.5k (up CA$527.7k from FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Apr 27High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Cameron MacDonald is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 14Tenth Avenue Petroleum Corp. acquired Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million.Tenth Avenue Petroleum Corp. (TSXV:TPC) entered into an agreement to acquire Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million on January 13, 2021. Total consideration for the Acquisition is CAD 2,500,000, payable with CAD 1,750,000 cash and CAD 750,000 in common shares of Tenth Avenue Petroleum Corp. The aggregate amount of the concurrent Financing is anticipated to be approximately CAD 3.5 million. The Company reserves the ability to pay a finder fee of up to 7% of the gross proceeds of the financing. Closing of this private placement is subject to receipt of approval from the TSX Venture Exchange. This financing will help close our transformative acquisition and provide the working capital necessary to complete our capital expenditure work programs in southern Alberta. The Acquisition is expected to close on or before March 1, 2022, subject to customary closing adjustments, completion of a concurrent financing and the receipt of necessary regulatory and TSX Venture Exchange approvals. Tenth Avenue Petroleum Corp. completed the acquisition of Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million on April 12, 2022.
お知らせ • Feb 19Tenth Avenue Petroleum Corp. announced that it has received CAD 3.13875 million in fundingOn February 18, 2022, Tenth Avenue Petroleum Corp. closed the transaction. The company issued 12,555,000 units for gross proceeds of CAD $3,138,750 in the transaction. The company paid finder’s fees of CAD 81,375 to Leede Jones Gable Inc., PI Financial Corp., Echelon Wealth Partners Inc., Research Capital Corp. and Canaccord Genuity Corp. in connection with the transaction. The transaction was oversubscribed.
お知らせ • Jan 18Tenth Avenue Petroleum Corp. announced that it expects to receive CAD 3 million in fundingTenth Avenue Petroleum Corp. announced a private placement of up to 12 million units at a price of CAD 0.25 for gross proceeds of CAD up to $3,000,000. Each Unit will consist of one common share of the company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at a price of CAD 0.30 for a period of 12 months from the date of issuance. The Warrants will include an acceleration clause to the effect that if at any time the daily volume weighted average closing price of the common shares on the TSX Venture Exchange is CAD 0.35 or more for a period of twenty consecutive days, the company will be entitled to notify all holders of warrants of its intention to force the exercise of the warrants and to issue a press release to such effect, following which the holders of Warrants shall have thirty days from the date of the press release to exercise the Warrants. All securities issued in the transaction will be subject to a statutory four-month hold period in accordance with applicable securities laws. The company may pay 7% of the gross proceeds as finders fee. The transaction is subject to approval from TSX Venture Exchange.
お知らせ • Jan 14Tenth Avenue Petroleum Corp. (TSXV:TPC) entered into an agreement to acquire Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million.Tenth Avenue Petroleum Corp. (TSXV:TPC) entered into an agreement to acquire Crude Oil Assets in Murray Lake and Hays of Avalon Energy Ltd. for CAD 2.5 million on January 13, 2021. Total consideration for the Acquisition is CAD 2,500,000, payable with CAD 1,750,000 cash and CAD 750,000 in common shares of Tenth Avenue Petroleum Corp. The aggregate amount of the concurrent Financing is anticipated to be approximately CAD 3.5 million. The Acquisition is expected to close on or before March 1, 2022, subject to customary closing adjustments, completion of a concurrent financing and the receipt of necessary regulatory and TSX Venture Exchange approvals.
Reported Earnings • Dec 05Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: CA$0.004 (up from CA$0.008 loss in 3Q 2020). Revenue: CA$254.7k (up 135% from 3Q 2020). Net income: CA$46.9k (up CA$132.2k from 3Q 2020). Profit margin: 18% (up from net loss in 3Q 2020). The move to profitability 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 35% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Oct 13No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tracy Zimmerman was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 29Second quarter 2021 earnings released: CA$0.003 loss per share (vs CA$0.003 loss in 2Q 2020)The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: CA$160.1k (down 18% from 2Q 2020). Net loss: CA$30.2k (loss narrowed 17% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 39% per year.
Reported Earnings • Apr 24Full year 2020 earnings released: CA$0.01 loss per share (vs CA$0.05 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: CA$751.0k (down 4.9% from FY 2019). Net loss: CA$143.2k (loss narrowed 73% from FY 2019). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 06Tenth Avenue Petroleum Corp. announced that it expects to receive CAD 0.5 million in fundingTenth Avenue Petroleum Corp. (TSXV:TPC) announced a private placement of 10,000,000 units at issue price of CAD 0.05 per unit for gross proceeds of CAD 500,000 on April 5, 2021. Each unit consists of one common share and one transferrable common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of CAD 0.08 per share until the earlier of the date that is one year from the date of issuance of such warrant or the completion of a reverse takeover. All the securities to be issued are subject to a hold period of four months. The transaction is expected to close by end of May 2021. The company will pay finders fees of 10% to qualified finders. The transaction needs to be approved by the shareholders of the company, regulatory approval, and TSXV approval.
お知らせ • Mar 06Tenth Avenue Petroleum Corp., Annual General Meeting, Apr 30, 2021Tenth Avenue Petroleum Corp., Annual General Meeting, Apr 30, 2021.
Reported Earnings • Dec 01Third quarter 2020 earnings released: CA$0.008 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: CA$108.5k (up 52% from 3Q 2019). Net loss: CA$85.3k (loss narrowed 32% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
