This company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsPipestone Energy (PIPE) 주식 개요Pipestone Energy Corp. engages in the exploration, development, and production of oil, natural gas liquids, and natural gas in Western Canada. 자세히 보기PIPE 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적3/6재무 건전성4/6배당3/6강점주가수익률(3.5x)이 Canadian 시장(16.5x)보다 낮습니다.위험 분석지난 1년 동안 주주가 희석되었습니다.불안정한 배당 실적모든 위험 점검 보기PIPE Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$1.9447.0% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-18m6b2016201920222025202620282031Revenue CA$6.1bEarnings CA$1.7bAdvancedSet Fair ValueView all narrativesPipestone Energy Corp. 경쟁사Saturn Oil & GasSymbol: TSX:SOILMarket cap: CA$1.3bPetroTalSymbol: TSX:TALMarket cap: CA$552.2mKolibri Global EnergySymbol: TSX:KEIMarket cap: CA$290.0mRubellite EnergySymbol: TSX:RBYMarket cap: CA$323.5m가격 이력 및 성과Pipestone Energy 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$1.9452주 최고가CA$4.6052주 최저가CA$1.86베타2.341개월 변동-18.83%3개월 변동-16.74%1년 변동-55.71%3년 변동223.33%5년 변동n/aIPO 이후 변동-19.17%최근 뉴스 및 업데이트공시 • Oct 05+ 1 more updateStrathcona Resources, Ltd. completed the acquisition of Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction.Strathcona Resources, Ltd. entered into a letter of intent to acquire Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on June 26, 2023. Strathcona Resources, Ltd. entered into a definitive agreement to acquire Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on July 31, 2023. Pursuant to the agreement, Strathcona will acquire all of the issued and outstanding common shares of Pipestone for 100% share consideration. The Agreement provides that Strathcona will acquire all of the issued and outstanding Pipestone Shares by way of the Arrangement, pursuant to which Pipestone Shareholders will receive, in exchange for each Pipestone Share held, 0.067967 of Strathcona Share. Following completion of the Arrangement, Pipestone Shareholders and Strathcona shareholders will hold approximately 9% and 91% of the outstanding AmalCo Shares, respectively. Upon closing of the Transaction, Strathcona will become a public reporting issuer in Canada. Pursuant to the Transaction, Strathcona and Pipestone will be amalgamated to form a new corporation, which will continue as "Strathcona Resources Ltd." Following completion of the transaction, existing Pipestone shareholders will receive approximately 9.05% of the pro forma equity in resulting issuer on a fully-diluted basis (approximately 8.87% basic). Existing Strathcona shareholders, comprised of Waterous Energy Fund (99.7%) and Strathcona employees (0.3%), will own the balance. The agreement provides for mutual non-completion fees of CAD 25 million in the event the transaction is not completed or is terminated by either party in certain circumstances. Resulting company will be led by Adam Waterous (Executive Chairman), Rob Morgan (President and Chief Executive Officer), Connor Waterous (Senior Vice President and Chief Financial Officer), and Strathcona’s experienced executive team.The transaction is subject to approval from Pipestone shareholders, the approval of the Court of King's Bench of Alberta, the receipt of approval under the Competition Act (Canada), approval of the Toronto Stock Exchange with respect to the listing of resulting issuer shares, and other customary closing conditions. The board of directors of Pipestone have approved the transaction. On September 15, 2023, GMT Capital Corp. announced to oppose and vote against the proposed transaction. It is anticipated that the Arrangement will be completed on or about October 2, 2023. As of September 27, 2023, shareholders of Pipestone Energy voted to approve the arrangement. The Arrangement is expected to close on October 3, 2023, subject to the receipt of a final order from the Court of King's Bench of Alberta with respect to the Arrangement and the satisfaction or waiver of customary closing conditions. As of September 28, 2023, Court of King's Bench of Alberta approved the transaction. BMO Capital Markets is acting as exclusive financial advisor to the Special Committee of Pipestone. Raymond James Ltd. provided a fairness opinion to the Pipestone Board of Directors. Alyson Goldman, McCarthy Tétrault LLP is acting as Pipestone’s legal advisor for the Transaction. CIBC Capital Markets, Scotiabank and Mizuho Securities USA are acting as financial advisors to Strathcona in connection with the Transaction. Blake, Cassels & Graydon LLP is serving as legal advisor to Strathcona in connection with the Transaction, and Stikeman Elliott LLP is serving as legal advisor to Waterous Energy Fund in connection with the transaction. Computershare Investor Services Inc. and Odyssey Trust Company are acting as transfer agents and Odyssey Trust Company is also acting as depository bank to Pipestone. Kingsdale Advisors is acting as proxy solicitor to Pipestone. Strathcona Resources, Ltd. completed the acquisition of Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on October 3, 2023. Strathcona common shares are expected to begin on or about Thursday, October 5, 2023 under the symbol SCR and Pipestone’s shares will be delisted.Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CA$2.00, the stock trades at a trailing P/E ratio of 3.6x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Total returns to shareholders of 257% over the past three years.Price Target Changed • Sep 20Price target increased by 17% to CA$3.49Up from CA$2.98, the current price target is an average from 4 analysts. New target price is 41% above last closing price of CA$2.47. The company posted earnings per share of CA$1.04 last year.공시 • Sep 19GMT Capital Intends Vote Against on Takeover DealOn September 18, 2023, GMT Capital, announced that it intends to vote against an all-stock deal proposed by larger rival Strathcona Resources as it undervalues Pipestone Energy. A Reuters dispatch to The Globe says that Canadian oil producer Strathcona plans to go public by acquiring Pipestone to create a combined business with a market capitalization of $8.6 billion. As per the all-stock deal, which is expected to close in October, Pipestone shareholders will receive 9.05 per cent of the pro forma equity in the combined company, with existing Strathcona shareholders owning the rest. Investment firm GMT Capital, which holds a 13.47-per-cent stake in Pipestone, said the buyout deal undervalues Pipestone Energy's shares. The acquisition requires approval from two-thirds of Pipestone shareholder votes cast at a meeting in September. Strathcona and Pipestone declined to comment.Upcoming Dividend • Sep 07Upcoming dividend of CA$0.03 per share at 5.0% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Canadian dividend payers (6.2%). In line with average of industry peers (5.0%).Price Target Changed • Aug 15Price target decreased by 17% to CA$2.98Down from CA$3.58, the current price target is an average from 3 analysts. New target price is 29% above last closing price of CA$2.32. The company posted earnings per share of CA$1.04 last year.더 많은 업데이트 보기Recent updates공시 • Oct 05+ 1 more updateStrathcona Resources, Ltd. completed the acquisition of Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction.Strathcona Resources, Ltd. entered into a letter of intent to acquire Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on June 26, 2023. Strathcona Resources, Ltd. entered into a definitive agreement to acquire Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on July 31, 2023. Pursuant to the agreement, Strathcona will acquire all of the issued and outstanding common shares of Pipestone for 100% share consideration. The Agreement provides that Strathcona will acquire all of the issued and outstanding Pipestone Shares by way of the Arrangement, pursuant to which Pipestone Shareholders will receive, in exchange for each Pipestone Share held, 0.067967 of Strathcona Share. Following completion of the Arrangement, Pipestone Shareholders and Strathcona shareholders will hold approximately 9% and 91% of the outstanding AmalCo Shares, respectively. Upon closing of the Transaction, Strathcona will become a public reporting issuer in Canada. Pursuant to the Transaction, Strathcona and Pipestone will be amalgamated to form a new corporation, which will continue as "Strathcona Resources Ltd." Following completion of the transaction, existing Pipestone shareholders will receive approximately 9.05% of the pro forma equity in resulting issuer on a fully-diluted basis (approximately 8.87% basic). Existing Strathcona shareholders, comprised of Waterous Energy Fund (99.7%) and Strathcona employees (0.3%), will own the balance. The agreement provides for mutual non-completion fees of CAD 25 million in the event the transaction is not completed or is terminated by either party in certain circumstances. Resulting company will be led by Adam Waterous (Executive Chairman), Rob Morgan (President and Chief Executive Officer), Connor Waterous (Senior Vice President and Chief Financial Officer), and Strathcona’s experienced executive team.The transaction is subject to approval from Pipestone shareholders, the approval of the Court of King's Bench of Alberta, the receipt of approval under the Competition Act (Canada), approval of the Toronto Stock Exchange with respect to the listing of resulting issuer shares, and other customary closing conditions. The board of directors of Pipestone have approved the transaction. On September 15, 2023, GMT Capital Corp. announced to oppose and vote against the proposed transaction. It is anticipated that the Arrangement will be completed on or about October 2, 2023. As of September 27, 2023, shareholders of Pipestone Energy voted to approve the arrangement. The Arrangement is expected to close on October 3, 2023, subject to the receipt of a final order from the Court of King's Bench of Alberta with respect to the Arrangement and the satisfaction or waiver of customary closing conditions. As of September 28, 2023, Court of King's Bench of Alberta approved the transaction. BMO Capital Markets is acting as exclusive financial advisor to the Special Committee of Pipestone. Raymond James Ltd. provided a fairness opinion to the Pipestone Board of Directors. Alyson Goldman, McCarthy Tétrault LLP is acting as Pipestone’s legal advisor for the Transaction. CIBC Capital Markets, Scotiabank and Mizuho Securities USA are acting as financial advisors to Strathcona in connection with the Transaction. Blake, Cassels & Graydon LLP is serving as legal advisor to Strathcona in connection with the Transaction, and Stikeman Elliott LLP is serving as legal advisor to Waterous Energy Fund in connection with the transaction. Computershare Investor Services Inc. and Odyssey Trust Company are acting as transfer agents and Odyssey Trust Company is also acting as depository bank to Pipestone. Kingsdale Advisors is acting as proxy solicitor to Pipestone. Strathcona Resources, Ltd. completed the acquisition of Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on October 3, 2023. Strathcona common shares are expected to begin on or about Thursday, October 5, 2023 under the symbol SCR and Pipestone’s shares will be delisted.Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CA$2.00, the stock trades at a trailing P/E ratio of 3.6x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Total returns to shareholders of 257% over the past three years.Price Target Changed • Sep 20Price target increased by 17% to CA$3.49Up from CA$2.98, the current price target is an average from 4 analysts. New target price is 41% above last closing price of CA$2.47. The company posted earnings per share of CA$1.04 last year.공시 • Sep 19GMT Capital Intends Vote Against on Takeover DealOn September 18, 2023, GMT Capital, announced that it intends to vote against an all-stock deal proposed by larger rival Strathcona Resources as it undervalues Pipestone Energy. A Reuters dispatch to The Globe says that Canadian oil producer Strathcona plans to go public by acquiring Pipestone to create a combined business with a market capitalization of $8.6 billion. As per the all-stock deal, which is expected to close in October, Pipestone shareholders will receive 9.05 per cent of the pro forma equity in the combined company, with existing Strathcona shareholders owning the rest. Investment firm GMT Capital, which holds a 13.47-per-cent stake in Pipestone, said the buyout deal undervalues Pipestone Energy's shares. The acquisition requires approval from two-thirds of Pipestone shareholder votes cast at a meeting in September. Strathcona and Pipestone declined to comment.Upcoming Dividend • Sep 07Upcoming dividend of CA$0.03 per share at 5.0% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Canadian dividend payers (6.2%). In line with average of industry peers (5.0%).Price Target Changed • Aug 15Price target decreased by 17% to CA$2.98Down from CA$3.58, the current price target is an average from 3 analysts. New target price is 29% above last closing price of CA$2.32. The company posted earnings per share of CA$1.04 last year.공시 • Aug 10+ 1 more updatePipestone Energy Corp. Provides Production Forecast for the Year 2023Pipestone Energy Corp. provided production forecast for the year 2023. For the period, the company expects production remains on track to meet the Company’s guidance range of 34,000 – 36,000 boe/d.공시 • Aug 02Strathcona Resources, Ltd. entered into a definitive agreement to acquire Pipestone Energy Corp. (TSX:PIPE) in a reverse merger transaction.Strathcona Resources, Ltd. entered into a definitive agreement to acquire Pipestone Energy Corp. (TSX:PIPE) in a reverse merger transaction on August 1, 2023. Pursuant to the agreement, Strathcona will acquire all of the issued and outstanding common shares of Pipestone for 100% share consideration. Upon closing of the Transaction, Strathcona will become a public reporting issuer in Canada. Pursuant to the Transaction, Strathcona and Pipestone will be amalgamated to form a new corporation, which will continue as "Strathcona Resources Ltd." Following completion of the transaction, existing Pipestone shareholders will receive approximately 9.05% of the pro forma equity in resulting issuer on a fully-diluted basis (approximately 8.87% basic). Existing Strathcona shareholders, comprised of Waterous Energy Fund (99.7%) and Strathcona employees (0.3%), will own the balance. The agreement provides for mutual non-completion fees of CAD 25 million in the event the transaction is not completed or is terminated by either party in certain circumstances. Resulting company will be led by Adam Waterous (Executive Chairman), Rob Morgan (President and Chief Executive Officer), Connor Waterous (Senior Vice President and Chief Financial Officer), and Strathcona’s experienced executive team. The transaction is subject to approval from Pipestone shareholders, the approval of the Court of King's Bench of Alberta, the receipt of approval under the Competition Act (Canada), approval of the Toronto Stock Exchange with respect to the listing of resulting issuer shares, and other customary closing conditions. The board of directors of Pipestone have approved the transaction. BMO Capital Markets is acting as exclusive financial advisor to the Special Committee of Pipestone. Raymond James Ltd. provided a fairness opinion to the Pipestone Board of Directors. McCarthy Tétrault LLP is acting as Pipestone’s legal advisor for the Transaction. CIBC Capital Markets, Scotiabank and Mizuho Securities USA are acting as financial advisors to Strathcona in connection with the Transaction. Blake, Cassels & Graydon LLP is serving as legal advisor to Strathcona in connection with the Transaction, and Stikeman Elliott LLP is serving as legal advisor to Waterous Energy Fund in connection with the transaction.공시 • Jun 21Pipestone Energy Corp. Announces Paul Wanklyn Chosen to Not Put Himself Up for Re-Election to the BoardPipestone Energy Corp. as previously disclosed on May 10, 2023, Paul Wanklyn, President and Chief Executive Officer of Pipestone Energy Corp. ("Pipestone"), has taken a leave of absence for health reasons. Mr. Wanklyn has subsequently chosen to not put himself up for re-election to the Board of Directors at the annual general meeting of shareholders to be held on June 22, 2023 as he remains on leave.공시 • May 16Pipestone Energy Corp. Provides Update to Wildfire Production ImpactPipestone Energy Corp. advised that its operations in the Grande Prairie area are again being impacted by the ongoing wildfires. As a result of the precautionary shut-in of certain third-party infrastructure and associated operated producing locations, approximately 20,000 boe/d of production has been temporarily curtailed since the evening of May 12, 2023. From May 8th to May 12th, Pipestone had restarted the majority of its producing assets until the resurgence of wildfires in proximity to certain third-party processing facilities. The Company is not aware of any significant damage or loss to either its owned or third-party infrastructure. While timing remains uncertain, Pipestone is ready to resume production as soon as the currently shut down third party infrastructure is restarted. Pipestone will provide further updates to the market as the situation unfolds.공시 • May 11+ 2 more updatesPipestone Energy Corp. Declares Second Quarterly Dividend, Payable on June 30, 2023On May 10, 2023, Pipestone Energy Corp.’s board of directors declared its second quarterly dividend of CAD 0.030 per common share, which will be payable on June 30, 2023, to shareholders of record at the close of business on June 15, 2023.Reported Earnings • May 11First quarter 2023 earnings released: EPS: CA$0.11 (vs CA$0.14 in 1Q 2022)First quarter 2023 results: EPS: CA$0.11. Revenue: CA$140.9m (down 1.5% from 1Q 2022). Net income: CA$30.9m (up 14% from 1Q 2022). Profit margin: 22% (up from 19% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 1.1% growth forecast for the Oil and Gas industry in Canada.분석 기사 • May 03Why We Like The Returns At Pipestone Energy (TSE:PIPE)What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...Reported Earnings • Mar 09Full year 2022 earnings released: EPS: CA$1.04 (vs CA$0.35 in FY 2021)Full year 2022 results: EPS: CA$1.04 (up from CA$0.35 in FY 2021). Revenue: CA$609.9m (up 62% from FY 2021). Net income: CA$220.1m (up 224% from FY 2021). Profit margin: 36% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 1.4% decline forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 82% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 19Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공시 • Feb 17+ 1 more updatePipestone Energy Corp. to Report Q4, 2022 Results on Mar 08, 2023Pipestone Energy Corp. announced that they will report Q4, 2022 results Pre-Market on Mar 08, 2023Recent Insider Transactions • Feb 05Insider recently bought CA$323k worth of stockOn the 2nd of February, Thomas Claugus bought around 101k shares on-market at roughly CA$3.20 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$455k more in shares than they have sold in the last 12 months.Recent Insider Transactions Derivative • Jan 20Independent Director exercised options to buy CA$76k worth of stock.On the 16th of January, William Lancaster exercised 29.17k options to receive shares at no cost, then sold around 4.66k of them at CA$3.00 each and kept the remainder. Since March 2022, William's direct individual holding has increased from 159.70k shares to 173.65k. Company insiders have collectively bought CA$2.3m more than they sold, via options and on-market transactions, in the last 12 months.분석 기사 • Jan 13Investors Shouldn't Overlook Pipestone Energy's (TSE:PIPE) Impressive Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Recent Insider Transactions • Dec 28Insider recently bought CA$52k worth of stockOn the 22nd of December, Thomas Claugus bought around 24k shares on-market at roughly CA$2.16 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$102k. Insiders have collectively bought CA$65k more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to CA$3.17, the stock trades at a trailing P/E ratio of 4.1x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 96% over the past three years.분석 기사 • Dec 09We Ran A Stock Scan For Earnings Growth And Pipestone Energy (TSE:PIPE) Passed With EaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...분석 기사 • Nov 16Pipestone Energy (TSE:PIPE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfLast week's profit announcement from Pipestone Energy Corp. ( TSE:PIPE ) was underwhelming for investors, despite...Price Target Changed • Nov 16Price target decreased to CA$5.13Down from CA$6.67, the current price target is an average from 6 analysts. New target price is 42% above last closing price of CA$3.62. Stock is down 6.5% over the past year. The company posted earnings per share of CA$0.35 last year.Price Target Changed • Nov 10Price target decreased to CA$5.29Down from CA$6.67, the current price target is an average from 6 analysts. New target price is 48% above last closing price of CA$3.58. Stock is down 13% over the past year. The company posted earnings per share of CA$0.35 last year.공시 • Nov 10+ 1 more updatePipestone Energy Corp. Updates Production Guidance for the Full Year 2022, 2023 and 2024Pipestone Energy Corp. updated production guidance for the full year 2022, 2023 and 2024. For 2022, the company expects Production of 31,000 – 33,000 boe/d.For 2023, the company expects Production of 34,000 - 36,000 boe/d.For 2024, the company expects Production of 40,000 – 42,000 boe/d.분석 기사 • Oct 17Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CA$4.27, the stock trades at a trailing P/E ratio of 4.4x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 262% over the past three years.Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to CA$3.70, the stock trades at a trailing P/E ratio of 3.9x. Average forward P/E is 5x in the Oil and Gas industry in Canada. Total returns to shareholders of 201% over the past three years.Recent Insider Transactions Derivative • Sep 21Chief Operating Officer exercised options to buy CA$85k worth of stock.On the 19th of September, Dustin Hoffman exercised 40.00k options to receive shares at no cost, then sold around 20.36k of them at CA$4.60 each and kept the remainder. Since September 2021, Dustin's direct individual holding has increased from 203.35k shares to 262.13k. Company insiders have collectively bought CA$1.9m more than they sold, via options and on-market transactions, in the last 12 months.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to CA$4.93, the stock trades at a trailing P/E ratio of 5.2x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 348% over the past three years.분석 기사 • Aug 12The Trend Of High Returns At Pipestone Energy (TSE:PIPE) Has Us Very InterestedThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: CA$0.43 (vs CA$0.006 loss in 2Q 2021)Second quarter 2022 results: EPS: CA$0.43 (up from CA$0.006 loss in 2Q 2021). Revenue: CA$187.3m (up 129% from 2Q 2021). Net income: CA$82.1m (up CA$83.3m from 2Q 2021). Profit margin: 44% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 48%, compared to a 77% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.공시 • Aug 11+ 1 more updatePipestone Energy Corp. Provides Production Guidance for the Full Year 2022, 2023 and 2024Pipestone Energy Corp. provides production guidance for the full year 2022, 2023 and 2024. For 2022, the company expects Production of 31,000 – 33,000 boe/d.For 2023, the company expects Production of 40,000 – 42,000 boe/d.For 2024, the company expects Production of 46,000 – 48,000 boe/d.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 18% share price gain to CA$4.29, the stock trades at a trailing P/E ratio of 8.4x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 258% over the past three years.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CA$3.47, the stock trades at a trailing P/E ratio of 6.8x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 192% over the past three years.분석 기사 • Jun 29These 4 Measures Indicate That Pipestone Energy (TSE:PIPE) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CA$5.13, the stock trades at a trailing P/E ratio of 10.1x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total returns to shareholders of 256% over the past three years.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to CA$5.06, the stock trades at a trailing P/E ratio of 10.1x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total returns to shareholders of 184% over the past three years.Reported Earnings • May 13First quarter 2022 earnings released: EPS: CA$0.14 (vs CA$0.005 loss in 1Q 2021)First quarter 2022 results: EPS: CA$0.14 (up from CA$0.005 loss in 1Q 2021). Revenue: CA$143.1m (up 110% from 1Q 2021). Net income: CA$27.1m (up CA$28.0m from 1Q 2021). Profit margin: 19% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 56%, compared to a 65% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.공시 • May 12Pipestone Energy Corp. Provides Production Guidance for the Second Quarter and Full Year of 2022Pipestone Energy Corp. provided Production Guidance for the second quarter and full year of 2022. For the quarter, the company expects production to average between 30,000 32,000 boe/d.For the year, the company expects production to be 31,000 33,000 boe/d.분석 기사 • Apr 22There's Been No Shortage Of Growth Recently For Pipestone Energy's (TSE:PIPE) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Recent Insider Transactions • Apr 16Chief Financial Officer recently sold CA$107k worth of stockOn the 13th of April, Craig Nieboer sold around 20k shares on-market at roughly CA$5.36 per share. This was the largest sale by an insider in the last 3 months. This was Craig's only on-market trade for the last 12 months.공시 • Apr 16Pipestone Energy Corp., Annual General Meeting, Jun 23, 2022Pipestone Energy Corp., Annual General Meeting, Jun 23, 2022.Recent Insider Transactions Derivative • Apr 15Chief Financial Officer exercised options to buy CA$107k worth of stock.On the 12th of April, Craig Nieboer exercised 40.00k options to receive shares at no cost, then sold around 20.34k of them at CA$5.34 each and kept the remainder. Since September 2021, Craig's direct individual holding has increased from 374.75k shares to 429.63k. Company insiders have collectively bought CA$2.4m more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions Derivative • Mar 21President exercised options to buy CA$201k worth of stock.On the 17th of March, Paul Wanklyn exercised 86.88k options to receive shares at no cost, then sold around 44.20k of them at CA$4.79 each and kept the remainder. Since March 2021, Paul's direct individual holding has increased from 647.77k shares to 715.81k. Company insiders have collectively bought CA$2.0m more than they sold, via options and on-market transactions, in the last 12 months.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CA$4.61, the stock trades at a trailing P/E ratio of 12.9x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total returns to shareholders of 163% over the past three years.Reported Earnings • Mar 11Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CA$0.35 (up from CA$0.091 loss in FY 2020). Revenue: CA$376.9m (up 186% from FY 2020). Net income: CA$67.9m (up CA$85.2m from FY 2020). Profit margin: 18% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 39%, compared to a 54% growth forecast for the oil industry in Canada. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 10Price target increased to CA$6.50Up from CA$5.88, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CA$5.22. Stock is up 170% over the past year. The company posted a net loss per share of CA$0.091 last year.공시 • Feb 24Pipestone Energy Corp. to Report Q4, 2021 Results on Mar 09, 2022Pipestone Energy Corp. announced that they will report Q4, 2021 results Pre-Market on Mar 09, 2022Price Target Changed • Feb 17Price target increased to CA$6.17Up from CA$5.63, the current price target is provided by 1 analyst. New target price is 35% above last closing price of CA$4.58. Stock is up 232% over the past year. The company posted a net loss per share of CA$0.091 last year.Recent Insider Transactions • Feb 06Insider recently sold CA$68k worth of stockOn the 1st of February, Thomas Claugus sold around 16k shares on-market at roughly CA$4.30 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$410k more than they sold in the last 12 months.Price Target Changed • Feb 03Price target increased to CA$5.88Up from CA$5.38, the current price target is provided by 1 analyst. New target price is 24% above last closing price of CA$4.75. Stock is up 440% over the past year. The company posted a net loss per share of CA$0.091 last year.Price Target Changed • Jan 27Price target increased to CA$5.63Up from CA$5.21, the current price target is provided by 1 analyst. New target price is 23% above last closing price of CA$4.57. Stock is up 457% over the past year. The company posted a net loss per share of CA$0.091 last year.Recent Insider Transactions Derivative • Jan 21Independent Director exercised options to buy CA$132k worth of stock.On the 17th of January, William Lancaster exercised options to buy 29k shares at a strike price of around CA$4.68, costing a total of CA$137k. This transaction amounted to 25% of their direct individual holding at the time of the trade. Since March 2021, William's direct individual holding has increased from 104.50k shares to 117.46k. Company insiders have collectively bought CA$1.6m more than they sold, via options and on-market transactions, in the last 12 months.Price Target Changed • Jan 19Price target increased to CA$5.38Up from CA$5.00, the current price target is provided by 1 analyst. New target price is 15% above last closing price of CA$4.66. Stock is up 448% over the past year. The company posted a net loss per share of CA$0.091 last year.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS CA$0.10 (vs CA$0.06 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$82.9m (up 171% from 3Q 2020). Net income: CA$18.8m (up CA$30.2m from 3Q 2020). Profit margin: 23% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue.Price Target Changed • Oct 19Price target increased to CA$4.13Up from CA$3.67, the current price target is provided by 1 analyst. New target price is 54% above last closing price of CA$2.67. Stock is up 385% over the past year. The company posted a net loss per share of CA$0.091 last year.Price Target Changed • Oct 15Price target increased to CA$3.92Up from CA$3.46, the current price target is provided by 1 analyst. New target price is 42% above last closing price of CA$2.76. Stock is up 393% over the past year.Price Target Changed • Oct 07Price target increased to CA$3.67Up from CA$3.25, the current price target is provided by 1 analyst. New target price is 33% above last closing price of CA$2.75. Stock is up 358% over the past year.분석 기사 • Aug 19Pipestone Energy (TSE:PIPE) Is Experiencing Growth In Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Reported Earnings • Aug 12Second quarter 2021 earnings released: CA$0.006 loss per share (vs CA$0.10 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$81.8m (up 205% from 2Q 2020). Net loss: CA$1.19m (loss narrowed 94% from 2Q 2020).공시 • Aug 12Pipestone Energy Corp. Provides Production Guidance for the Full Year 2021, 2022 and 2023Pipestone Energy Corp. provided production guidance for the full year 2021, 2022 and 2023. For the year 2021, the company expected production to be in the range of 24,000 boe/d to 26,000 boe/d. For the year 2021, the company expected production to be in the range of 33,000 boe/d to 36,000 boe/d. For the year 2021, the company expected production to be in the range of 37,000 boe/d to 40,000 boe/d.Recent Insider Transactions Derivative • Jul 07President exercised options to buy CA$80k worth of stock.On the 1st of July, Paul Wanklyn exercised options to buy 38k shares at a strike price of around CA$2.27, costing a total of CA$86k. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. Since September 2020, Paul's direct individual holding has increased from 473.06k shares to 647.77k. Company insiders have collectively bought CA$1.4m more than they sold, via options and on-market transactions, in the last 12 months.Executive Departure • Jul 01Non-Independent Director Geeta Sankappanavar has left the companyOn the 29th of June, Geeta Sankappanavar's tenure as Non-Independent Director ended after 2.5 years in the role. As of March 2021, Geeta still personally held 240.24k shares (CA$113k worth at the time). Geeta is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.33 years.Price Target Changed • Jun 22Price target increased to CA$3.15Up from CA$2.90, the current price target is an average from 2 analysts. New target price is 47% above last closing price of CA$2.15. Stock is up 291% over the past year.Price Target Changed • Jun 18Price target increased to CA$3.05Up from CA$2.85, the current price target is an average from 2 analysts. New target price is 54% above last closing price of CA$1.98. Stock is up 260% over the past year.Price Target Changed • Jun 10Price target increased to CA$2.90Up from CA$2.67, the current price target is an average from 2 analysts. New target price is 65% above last closing price of CA$1.76. Stock is up 198% over the past year.Recent Insider Transactions • Jun 09Non-Independent Director recently bought CA$448k worth of stockOn the 7th of June, Garth Braun bought around 253k shares on-market at roughly CA$1.77 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$743k more in shares than they have sold in the last 12 months.분석 기사 • May 24Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • May 13First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CA$47.1m (up 54% from 1Q 2020). Net loss: CA$954.0k (down 106% from profit in 1Q 2020).Recent Insider Transactions Derivative • Mar 27President exercised options to buy CA$178k worth of stock.On the 24th of March, Paul Wanklyn exercised options to buy 109k shares at a strike price of around CA$1.66, costing a total of CA$181k. This transaction amounted to 21% of their direct individual holding at the time of the trade. Since March 2020, Paul's direct individual holding has increased from 243.80k shares to 531.40k. Company insiders have collectively bought CA$962k more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Mar 13Full year 2020 earnings released: CA$0.091 loss per share (vs CA$0.074 loss in FY 2019)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: CA$131.8m (up 121% from FY 2019). Net loss: CA$17.3m (loss widened 24% from FY 2019). Oil reserves and sales price Proven reserves: 0.025 MMbbls Average sales price/bbl: US$37.46 Gas reserves and sales price Proven reserves: 435.936 Bcf Average sales price/mcf: US$2.42 LNG reserves and sales price Proven reserves: 48.912 MMbbls Average sales price/bbl: US$36.06 Combined production and costs Oil equivalent production: 5.683 MMboe (1.738 MMboe in FY 2019) Average production cost/Boe: US$11.18 (US$13.89/Boe in FY 2019)Analyst Estimate Surprise Post Earnings • Mar 13Revenue beats expectationsRevenue exceeded analyst estimates by 4.6%. Over the next year, revenue is forecast to grow 117%, compared to a 34% growth forecast for the Oil and Gas industry in Canada.Is New 90 Day High Low • Mar 10New 90-day high: CA$1.99The company is up 202% from its price of CA$0.66 on 09 December 2020. The Canadian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$19.73 per share.분석 기사 • Feb 25Have Insiders Been Buying Pipestone Energy Corp. (TSE:PIPE) Shares This Year?We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...Is New 90 Day High Low • Feb 05New 90-day high: CA$0.91The company is up 75% from its price of CA$0.52 on 06 November 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$15.19 per share.Price Target Changed • Jan 24Price target raised to CA$1.20Up from CA$1.09, the current price target is an average from 3 analysts. The new target price is 45% above the current share price of CA$0.83. As of last close, the stock is down 42% over the past year.분석 기사 • Jan 21Is Pipestone Energy (TSE:PIPE) Weighed On By Its Debt Load?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Jan 13New 90-day high: CA$0.79The company is up 36% from its price of CA$0.58 on 14 October 2020. The Canadian 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$15.28 per share.분석 기사 • Dec 17What Kind Of Investors Own Most Of Pipestone Energy Corp. (CVE:PIPE)?The big shareholder groups in Pipestone Energy Corp. ( CVE:PIPE ) have power over the company. Institutions often own...주주 수익률PIPECA Oil and GasCA 시장7D-13.4%0.9%1.6%1Y-55.7%56.6%33.7%전체 주주 수익률 보기수익률 대 산업: PIPE은 지난 1년 동안 56.6%의 수익을 기록한 Canadian Oil and Gas 산업보다 저조한 성과를 냈습니다.수익률 대 시장: PIPE은 지난 1년 동안 33.7%를 기록한 Canadian 시장보다 저조한 성과를 냈습니다.주가 변동성Is PIPE's price volatile compared to industry and market?PIPE volatilityPIPE Average Weekly Movement7.6%Oil and Gas Industry Average Movement8.6%Market Average Movement10.2%10% most volatile stocks in CA Market17.9%10% least volatile stocks in CA Market3.9%안정적인 주가: PIPE의 주가는 지난 3개월 동안 Canadian 시장보다 변동성이 컸습니다.시간에 따른 변동성: PIPE의 주간 변동성(8%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트201927Dustin Hoffmanpipestonecorp.com더 보기Pipestone Energy Corp. 기초 지표 요약Pipestone Energy의 순이익과 매출은 시가총액과 어떻게 비교됩니까?PIPE 기초 통계시가총액CA$559.42m순이익 (TTM)CA$157.09m매출 (TTM)CA$560.83m3.5x주가수익비율(P/E)1.0x주가매출비율(P/S)PIPE는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표PIPE 손익계산서 (TTM)매출CA$560.83m매출원가CA$206.49m총이익CA$354.35m기타 비용CA$197.25m순이익CA$157.09m최근 보고된 실적Jun 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)0.56총이익률63.18%순이익률28.01%부채/자본 비율19.0%PIPE의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당6.2%현재 배당 수익률10%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/10/05 07:55종가2023/10/04 00:00수익2023/06/30연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Pipestone Energy Corp.는 6명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Garett UrsuATB Cormark Historical (Cormark Securities)Randy OllenbergerBMO Capital Markets Equity ResearchDan PayneNational Bank Financial3명의 분석가 더 보기
공시 • Oct 05+ 1 more updateStrathcona Resources, Ltd. completed the acquisition of Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction.Strathcona Resources, Ltd. entered into a letter of intent to acquire Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on June 26, 2023. Strathcona Resources, Ltd. entered into a definitive agreement to acquire Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on July 31, 2023. Pursuant to the agreement, Strathcona will acquire all of the issued and outstanding common shares of Pipestone for 100% share consideration. The Agreement provides that Strathcona will acquire all of the issued and outstanding Pipestone Shares by way of the Arrangement, pursuant to which Pipestone Shareholders will receive, in exchange for each Pipestone Share held, 0.067967 of Strathcona Share. Following completion of the Arrangement, Pipestone Shareholders and Strathcona shareholders will hold approximately 9% and 91% of the outstanding AmalCo Shares, respectively. Upon closing of the Transaction, Strathcona will become a public reporting issuer in Canada. Pursuant to the Transaction, Strathcona and Pipestone will be amalgamated to form a new corporation, which will continue as "Strathcona Resources Ltd." Following completion of the transaction, existing Pipestone shareholders will receive approximately 9.05% of the pro forma equity in resulting issuer on a fully-diluted basis (approximately 8.87% basic). Existing Strathcona shareholders, comprised of Waterous Energy Fund (99.7%) and Strathcona employees (0.3%), will own the balance. The agreement provides for mutual non-completion fees of CAD 25 million in the event the transaction is not completed or is terminated by either party in certain circumstances. Resulting company will be led by Adam Waterous (Executive Chairman), Rob Morgan (President and Chief Executive Officer), Connor Waterous (Senior Vice President and Chief Financial Officer), and Strathcona’s experienced executive team.The transaction is subject to approval from Pipestone shareholders, the approval of the Court of King's Bench of Alberta, the receipt of approval under the Competition Act (Canada), approval of the Toronto Stock Exchange with respect to the listing of resulting issuer shares, and other customary closing conditions. The board of directors of Pipestone have approved the transaction. On September 15, 2023, GMT Capital Corp. announced to oppose and vote against the proposed transaction. It is anticipated that the Arrangement will be completed on or about October 2, 2023. As of September 27, 2023, shareholders of Pipestone Energy voted to approve the arrangement. The Arrangement is expected to close on October 3, 2023, subject to the receipt of a final order from the Court of King's Bench of Alberta with respect to the Arrangement and the satisfaction or waiver of customary closing conditions. As of September 28, 2023, Court of King's Bench of Alberta approved the transaction. BMO Capital Markets is acting as exclusive financial advisor to the Special Committee of Pipestone. Raymond James Ltd. provided a fairness opinion to the Pipestone Board of Directors. Alyson Goldman, McCarthy Tétrault LLP is acting as Pipestone’s legal advisor for the Transaction. CIBC Capital Markets, Scotiabank and Mizuho Securities USA are acting as financial advisors to Strathcona in connection with the Transaction. Blake, Cassels & Graydon LLP is serving as legal advisor to Strathcona in connection with the Transaction, and Stikeman Elliott LLP is serving as legal advisor to Waterous Energy Fund in connection with the transaction. Computershare Investor Services Inc. and Odyssey Trust Company are acting as transfer agents and Odyssey Trust Company is also acting as depository bank to Pipestone. Kingsdale Advisors is acting as proxy solicitor to Pipestone. Strathcona Resources, Ltd. completed the acquisition of Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on October 3, 2023. Strathcona common shares are expected to begin on or about Thursday, October 5, 2023 under the symbol SCR and Pipestone’s shares will be delisted.
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CA$2.00, the stock trades at a trailing P/E ratio of 3.6x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Total returns to shareholders of 257% over the past three years.
Price Target Changed • Sep 20Price target increased by 17% to CA$3.49Up from CA$2.98, the current price target is an average from 4 analysts. New target price is 41% above last closing price of CA$2.47. The company posted earnings per share of CA$1.04 last year.
공시 • Sep 19GMT Capital Intends Vote Against on Takeover DealOn September 18, 2023, GMT Capital, announced that it intends to vote against an all-stock deal proposed by larger rival Strathcona Resources as it undervalues Pipestone Energy. A Reuters dispatch to The Globe says that Canadian oil producer Strathcona plans to go public by acquiring Pipestone to create a combined business with a market capitalization of $8.6 billion. As per the all-stock deal, which is expected to close in October, Pipestone shareholders will receive 9.05 per cent of the pro forma equity in the combined company, with existing Strathcona shareholders owning the rest. Investment firm GMT Capital, which holds a 13.47-per-cent stake in Pipestone, said the buyout deal undervalues Pipestone Energy's shares. The acquisition requires approval from two-thirds of Pipestone shareholder votes cast at a meeting in September. Strathcona and Pipestone declined to comment.
Upcoming Dividend • Sep 07Upcoming dividend of CA$0.03 per share at 5.0% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Canadian dividend payers (6.2%). In line with average of industry peers (5.0%).
Price Target Changed • Aug 15Price target decreased by 17% to CA$2.98Down from CA$3.58, the current price target is an average from 3 analysts. New target price is 29% above last closing price of CA$2.32. The company posted earnings per share of CA$1.04 last year.
공시 • Oct 05+ 1 more updateStrathcona Resources, Ltd. completed the acquisition of Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction.Strathcona Resources, Ltd. entered into a letter of intent to acquire Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on June 26, 2023. Strathcona Resources, Ltd. entered into a definitive agreement to acquire Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on July 31, 2023. Pursuant to the agreement, Strathcona will acquire all of the issued and outstanding common shares of Pipestone for 100% share consideration. The Agreement provides that Strathcona will acquire all of the issued and outstanding Pipestone Shares by way of the Arrangement, pursuant to which Pipestone Shareholders will receive, in exchange for each Pipestone Share held, 0.067967 of Strathcona Share. Following completion of the Arrangement, Pipestone Shareholders and Strathcona shareholders will hold approximately 9% and 91% of the outstanding AmalCo Shares, respectively. Upon closing of the Transaction, Strathcona will become a public reporting issuer in Canada. Pursuant to the Transaction, Strathcona and Pipestone will be amalgamated to form a new corporation, which will continue as "Strathcona Resources Ltd." Following completion of the transaction, existing Pipestone shareholders will receive approximately 9.05% of the pro forma equity in resulting issuer on a fully-diluted basis (approximately 8.87% basic). Existing Strathcona shareholders, comprised of Waterous Energy Fund (99.7%) and Strathcona employees (0.3%), will own the balance. The agreement provides for mutual non-completion fees of CAD 25 million in the event the transaction is not completed or is terminated by either party in certain circumstances. Resulting company will be led by Adam Waterous (Executive Chairman), Rob Morgan (President and Chief Executive Officer), Connor Waterous (Senior Vice President and Chief Financial Officer), and Strathcona’s experienced executive team.The transaction is subject to approval from Pipestone shareholders, the approval of the Court of King's Bench of Alberta, the receipt of approval under the Competition Act (Canada), approval of the Toronto Stock Exchange with respect to the listing of resulting issuer shares, and other customary closing conditions. The board of directors of Pipestone have approved the transaction. On September 15, 2023, GMT Capital Corp. announced to oppose and vote against the proposed transaction. It is anticipated that the Arrangement will be completed on or about October 2, 2023. As of September 27, 2023, shareholders of Pipestone Energy voted to approve the arrangement. The Arrangement is expected to close on October 3, 2023, subject to the receipt of a final order from the Court of King's Bench of Alberta with respect to the Arrangement and the satisfaction or waiver of customary closing conditions. As of September 28, 2023, Court of King's Bench of Alberta approved the transaction. BMO Capital Markets is acting as exclusive financial advisor to the Special Committee of Pipestone. Raymond James Ltd. provided a fairness opinion to the Pipestone Board of Directors. Alyson Goldman, McCarthy Tétrault LLP is acting as Pipestone’s legal advisor for the Transaction. CIBC Capital Markets, Scotiabank and Mizuho Securities USA are acting as financial advisors to Strathcona in connection with the Transaction. Blake, Cassels & Graydon LLP is serving as legal advisor to Strathcona in connection with the Transaction, and Stikeman Elliott LLP is serving as legal advisor to Waterous Energy Fund in connection with the transaction. Computershare Investor Services Inc. and Odyssey Trust Company are acting as transfer agents and Odyssey Trust Company is also acting as depository bank to Pipestone. Kingsdale Advisors is acting as proxy solicitor to Pipestone. Strathcona Resources, Ltd. completed the acquisition of Pipestone Energy Corp. (TSX:PIPE) from GMT Capital Corp. and others in a reverse merger transaction on October 3, 2023. Strathcona common shares are expected to begin on or about Thursday, October 5, 2023 under the symbol SCR and Pipestone’s shares will be delisted.
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CA$2.00, the stock trades at a trailing P/E ratio of 3.6x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Total returns to shareholders of 257% over the past three years.
Price Target Changed • Sep 20Price target increased by 17% to CA$3.49Up from CA$2.98, the current price target is an average from 4 analysts. New target price is 41% above last closing price of CA$2.47. The company posted earnings per share of CA$1.04 last year.
공시 • Sep 19GMT Capital Intends Vote Against on Takeover DealOn September 18, 2023, GMT Capital, announced that it intends to vote against an all-stock deal proposed by larger rival Strathcona Resources as it undervalues Pipestone Energy. A Reuters dispatch to The Globe says that Canadian oil producer Strathcona plans to go public by acquiring Pipestone to create a combined business with a market capitalization of $8.6 billion. As per the all-stock deal, which is expected to close in October, Pipestone shareholders will receive 9.05 per cent of the pro forma equity in the combined company, with existing Strathcona shareholders owning the rest. Investment firm GMT Capital, which holds a 13.47-per-cent stake in Pipestone, said the buyout deal undervalues Pipestone Energy's shares. The acquisition requires approval from two-thirds of Pipestone shareholder votes cast at a meeting in September. Strathcona and Pipestone declined to comment.
Upcoming Dividend • Sep 07Upcoming dividend of CA$0.03 per share at 5.0% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Canadian dividend payers (6.2%). In line with average of industry peers (5.0%).
Price Target Changed • Aug 15Price target decreased by 17% to CA$2.98Down from CA$3.58, the current price target is an average from 3 analysts. New target price is 29% above last closing price of CA$2.32. The company posted earnings per share of CA$1.04 last year.
공시 • Aug 10+ 1 more updatePipestone Energy Corp. Provides Production Forecast for the Year 2023Pipestone Energy Corp. provided production forecast for the year 2023. For the period, the company expects production remains on track to meet the Company’s guidance range of 34,000 – 36,000 boe/d.
공시 • Aug 02Strathcona Resources, Ltd. entered into a definitive agreement to acquire Pipestone Energy Corp. (TSX:PIPE) in a reverse merger transaction.Strathcona Resources, Ltd. entered into a definitive agreement to acquire Pipestone Energy Corp. (TSX:PIPE) in a reverse merger transaction on August 1, 2023. Pursuant to the agreement, Strathcona will acquire all of the issued and outstanding common shares of Pipestone for 100% share consideration. Upon closing of the Transaction, Strathcona will become a public reporting issuer in Canada. Pursuant to the Transaction, Strathcona and Pipestone will be amalgamated to form a new corporation, which will continue as "Strathcona Resources Ltd." Following completion of the transaction, existing Pipestone shareholders will receive approximately 9.05% of the pro forma equity in resulting issuer on a fully-diluted basis (approximately 8.87% basic). Existing Strathcona shareholders, comprised of Waterous Energy Fund (99.7%) and Strathcona employees (0.3%), will own the balance. The agreement provides for mutual non-completion fees of CAD 25 million in the event the transaction is not completed or is terminated by either party in certain circumstances. Resulting company will be led by Adam Waterous (Executive Chairman), Rob Morgan (President and Chief Executive Officer), Connor Waterous (Senior Vice President and Chief Financial Officer), and Strathcona’s experienced executive team. The transaction is subject to approval from Pipestone shareholders, the approval of the Court of King's Bench of Alberta, the receipt of approval under the Competition Act (Canada), approval of the Toronto Stock Exchange with respect to the listing of resulting issuer shares, and other customary closing conditions. The board of directors of Pipestone have approved the transaction. BMO Capital Markets is acting as exclusive financial advisor to the Special Committee of Pipestone. Raymond James Ltd. provided a fairness opinion to the Pipestone Board of Directors. McCarthy Tétrault LLP is acting as Pipestone’s legal advisor for the Transaction. CIBC Capital Markets, Scotiabank and Mizuho Securities USA are acting as financial advisors to Strathcona in connection with the Transaction. Blake, Cassels & Graydon LLP is serving as legal advisor to Strathcona in connection with the Transaction, and Stikeman Elliott LLP is serving as legal advisor to Waterous Energy Fund in connection with the transaction.
공시 • Jun 21Pipestone Energy Corp. Announces Paul Wanklyn Chosen to Not Put Himself Up for Re-Election to the BoardPipestone Energy Corp. as previously disclosed on May 10, 2023, Paul Wanklyn, President and Chief Executive Officer of Pipestone Energy Corp. ("Pipestone"), has taken a leave of absence for health reasons. Mr. Wanklyn has subsequently chosen to not put himself up for re-election to the Board of Directors at the annual general meeting of shareholders to be held on June 22, 2023 as he remains on leave.
공시 • May 16Pipestone Energy Corp. Provides Update to Wildfire Production ImpactPipestone Energy Corp. advised that its operations in the Grande Prairie area are again being impacted by the ongoing wildfires. As a result of the precautionary shut-in of certain third-party infrastructure and associated operated producing locations, approximately 20,000 boe/d of production has been temporarily curtailed since the evening of May 12, 2023. From May 8th to May 12th, Pipestone had restarted the majority of its producing assets until the resurgence of wildfires in proximity to certain third-party processing facilities. The Company is not aware of any significant damage or loss to either its owned or third-party infrastructure. While timing remains uncertain, Pipestone is ready to resume production as soon as the currently shut down third party infrastructure is restarted. Pipestone will provide further updates to the market as the situation unfolds.
공시 • May 11+ 2 more updatesPipestone Energy Corp. Declares Second Quarterly Dividend, Payable on June 30, 2023On May 10, 2023, Pipestone Energy Corp.’s board of directors declared its second quarterly dividend of CAD 0.030 per common share, which will be payable on June 30, 2023, to shareholders of record at the close of business on June 15, 2023.
Reported Earnings • May 11First quarter 2023 earnings released: EPS: CA$0.11 (vs CA$0.14 in 1Q 2022)First quarter 2023 results: EPS: CA$0.11. Revenue: CA$140.9m (down 1.5% from 1Q 2022). Net income: CA$30.9m (up 14% from 1Q 2022). Profit margin: 22% (up from 19% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 1.1% growth forecast for the Oil and Gas industry in Canada.
분석 기사 • May 03Why We Like The Returns At Pipestone Energy (TSE:PIPE)What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: CA$1.04 (vs CA$0.35 in FY 2021)Full year 2022 results: EPS: CA$1.04 (up from CA$0.35 in FY 2021). Revenue: CA$609.9m (up 62% from FY 2021). Net income: CA$220.1m (up 224% from FY 2021). Profit margin: 36% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 1.4% decline forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 82% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 19Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공시 • Feb 17+ 1 more updatePipestone Energy Corp. to Report Q4, 2022 Results on Mar 08, 2023Pipestone Energy Corp. announced that they will report Q4, 2022 results Pre-Market on Mar 08, 2023
Recent Insider Transactions • Feb 05Insider recently bought CA$323k worth of stockOn the 2nd of February, Thomas Claugus bought around 101k shares on-market at roughly CA$3.20 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$455k more in shares than they have sold in the last 12 months.
Recent Insider Transactions Derivative • Jan 20Independent Director exercised options to buy CA$76k worth of stock.On the 16th of January, William Lancaster exercised 29.17k options to receive shares at no cost, then sold around 4.66k of them at CA$3.00 each and kept the remainder. Since March 2022, William's direct individual holding has increased from 159.70k shares to 173.65k. Company insiders have collectively bought CA$2.3m more than they sold, via options and on-market transactions, in the last 12 months.
분석 기사 • Jan 13Investors Shouldn't Overlook Pipestone Energy's (TSE:PIPE) Impressive Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Recent Insider Transactions • Dec 28Insider recently bought CA$52k worth of stockOn the 22nd of December, Thomas Claugus bought around 24k shares on-market at roughly CA$2.16 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$102k. Insiders have collectively bought CA$65k more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to CA$3.17, the stock trades at a trailing P/E ratio of 4.1x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 96% over the past three years.
분석 기사 • Dec 09We Ran A Stock Scan For Earnings Growth And Pipestone Energy (TSE:PIPE) Passed With EaseThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
분석 기사 • Nov 16Pipestone Energy (TSE:PIPE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfLast week's profit announcement from Pipestone Energy Corp. ( TSE:PIPE ) was underwhelming for investors, despite...
Price Target Changed • Nov 16Price target decreased to CA$5.13Down from CA$6.67, the current price target is an average from 6 analysts. New target price is 42% above last closing price of CA$3.62. Stock is down 6.5% over the past year. The company posted earnings per share of CA$0.35 last year.
Price Target Changed • Nov 10Price target decreased to CA$5.29Down from CA$6.67, the current price target is an average from 6 analysts. New target price is 48% above last closing price of CA$3.58. Stock is down 13% over the past year. The company posted earnings per share of CA$0.35 last year.
공시 • Nov 10+ 1 more updatePipestone Energy Corp. Updates Production Guidance for the Full Year 2022, 2023 and 2024Pipestone Energy Corp. updated production guidance for the full year 2022, 2023 and 2024. For 2022, the company expects Production of 31,000 – 33,000 boe/d.For 2023, the company expects Production of 34,000 - 36,000 boe/d.For 2024, the company expects Production of 40,000 – 42,000 boe/d.
분석 기사 • Oct 17Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Oct 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to CA$4.27, the stock trades at a trailing P/E ratio of 4.4x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 262% over the past three years.
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to CA$3.70, the stock trades at a trailing P/E ratio of 3.9x. Average forward P/E is 5x in the Oil and Gas industry in Canada. Total returns to shareholders of 201% over the past three years.
Recent Insider Transactions Derivative • Sep 21Chief Operating Officer exercised options to buy CA$85k worth of stock.On the 19th of September, Dustin Hoffman exercised 40.00k options to receive shares at no cost, then sold around 20.36k of them at CA$4.60 each and kept the remainder. Since September 2021, Dustin's direct individual holding has increased from 203.35k shares to 262.13k. Company insiders have collectively bought CA$1.9m more than they sold, via options and on-market transactions, in the last 12 months.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to CA$4.93, the stock trades at a trailing P/E ratio of 5.2x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 348% over the past three years.
분석 기사 • Aug 12The Trend Of High Returns At Pipestone Energy (TSE:PIPE) Has Us Very InterestedThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: CA$0.43 (vs CA$0.006 loss in 2Q 2021)Second quarter 2022 results: EPS: CA$0.43 (up from CA$0.006 loss in 2Q 2021). Revenue: CA$187.3m (up 129% from 2Q 2021). Net income: CA$82.1m (up CA$83.3m from 2Q 2021). Profit margin: 44% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 48%, compared to a 77% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth.
공시 • Aug 11+ 1 more updatePipestone Energy Corp. Provides Production Guidance for the Full Year 2022, 2023 and 2024Pipestone Energy Corp. provides production guidance for the full year 2022, 2023 and 2024. For 2022, the company expects Production of 31,000 – 33,000 boe/d.For 2023, the company expects Production of 40,000 – 42,000 boe/d.For 2024, the company expects Production of 46,000 – 48,000 boe/d.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 18% share price gain to CA$4.29, the stock trades at a trailing P/E ratio of 8.4x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 258% over the past three years.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CA$3.47, the stock trades at a trailing P/E ratio of 6.8x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 192% over the past three years.
분석 기사 • Jun 29These 4 Measures Indicate That Pipestone Energy (TSE:PIPE) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CA$5.13, the stock trades at a trailing P/E ratio of 10.1x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total returns to shareholders of 256% over the past three years.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to CA$5.06, the stock trades at a trailing P/E ratio of 10.1x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total returns to shareholders of 184% over the past three years.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: CA$0.14 (vs CA$0.005 loss in 1Q 2021)First quarter 2022 results: EPS: CA$0.14 (up from CA$0.005 loss in 1Q 2021). Revenue: CA$143.1m (up 110% from 1Q 2021). Net income: CA$27.1m (up CA$28.0m from 1Q 2021). Profit margin: 19% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 56%, compared to a 65% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
공시 • May 12Pipestone Energy Corp. Provides Production Guidance for the Second Quarter and Full Year of 2022Pipestone Energy Corp. provided Production Guidance for the second quarter and full year of 2022. For the quarter, the company expects production to average between 30,000 32,000 boe/d.For the year, the company expects production to be 31,000 33,000 boe/d.
분석 기사 • Apr 22There's Been No Shortage Of Growth Recently For Pipestone Energy's (TSE:PIPE) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Recent Insider Transactions • Apr 16Chief Financial Officer recently sold CA$107k worth of stockOn the 13th of April, Craig Nieboer sold around 20k shares on-market at roughly CA$5.36 per share. This was the largest sale by an insider in the last 3 months. This was Craig's only on-market trade for the last 12 months.
공시 • Apr 16Pipestone Energy Corp., Annual General Meeting, Jun 23, 2022Pipestone Energy Corp., Annual General Meeting, Jun 23, 2022.
Recent Insider Transactions Derivative • Apr 15Chief Financial Officer exercised options to buy CA$107k worth of stock.On the 12th of April, Craig Nieboer exercised 40.00k options to receive shares at no cost, then sold around 20.34k of them at CA$5.34 each and kept the remainder. Since September 2021, Craig's direct individual holding has increased from 374.75k shares to 429.63k. Company insiders have collectively bought CA$2.4m more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions Derivative • Mar 21President exercised options to buy CA$201k worth of stock.On the 17th of March, Paul Wanklyn exercised 86.88k options to receive shares at no cost, then sold around 44.20k of them at CA$4.79 each and kept the remainder. Since March 2021, Paul's direct individual holding has increased from 647.77k shares to 715.81k. Company insiders have collectively bought CA$2.0m more than they sold, via options and on-market transactions, in the last 12 months.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CA$4.61, the stock trades at a trailing P/E ratio of 12.9x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total returns to shareholders of 163% over the past three years.
Reported Earnings • Mar 11Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CA$0.35 (up from CA$0.091 loss in FY 2020). Revenue: CA$376.9m (up 186% from FY 2020). Net income: CA$67.9m (up CA$85.2m from FY 2020). Profit margin: 18% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 39%, compared to a 54% growth forecast for the oil industry in Canada. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 10Price target increased to CA$6.50Up from CA$5.88, the current price target is an average from 2 analysts. New target price is 25% above last closing price of CA$5.22. Stock is up 170% over the past year. The company posted a net loss per share of CA$0.091 last year.
공시 • Feb 24Pipestone Energy Corp. to Report Q4, 2021 Results on Mar 09, 2022Pipestone Energy Corp. announced that they will report Q4, 2021 results Pre-Market on Mar 09, 2022
Price Target Changed • Feb 17Price target increased to CA$6.17Up from CA$5.63, the current price target is provided by 1 analyst. New target price is 35% above last closing price of CA$4.58. Stock is up 232% over the past year. The company posted a net loss per share of CA$0.091 last year.
Recent Insider Transactions • Feb 06Insider recently sold CA$68k worth of stockOn the 1st of February, Thomas Claugus sold around 16k shares on-market at roughly CA$4.30 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought CA$410k more than they sold in the last 12 months.
Price Target Changed • Feb 03Price target increased to CA$5.88Up from CA$5.38, the current price target is provided by 1 analyst. New target price is 24% above last closing price of CA$4.75. Stock is up 440% over the past year. The company posted a net loss per share of CA$0.091 last year.
Price Target Changed • Jan 27Price target increased to CA$5.63Up from CA$5.21, the current price target is provided by 1 analyst. New target price is 23% above last closing price of CA$4.57. Stock is up 457% over the past year. The company posted a net loss per share of CA$0.091 last year.
Recent Insider Transactions Derivative • Jan 21Independent Director exercised options to buy CA$132k worth of stock.On the 17th of January, William Lancaster exercised options to buy 29k shares at a strike price of around CA$4.68, costing a total of CA$137k. This transaction amounted to 25% of their direct individual holding at the time of the trade. Since March 2021, William's direct individual holding has increased from 104.50k shares to 117.46k. Company insiders have collectively bought CA$1.6m more than they sold, via options and on-market transactions, in the last 12 months.
Price Target Changed • Jan 19Price target increased to CA$5.38Up from CA$5.00, the current price target is provided by 1 analyst. New target price is 15% above last closing price of CA$4.66. Stock is up 448% over the past year. The company posted a net loss per share of CA$0.091 last year.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS CA$0.10 (vs CA$0.06 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$82.9m (up 171% from 3Q 2020). Net income: CA$18.8m (up CA$30.2m from 3Q 2020). Profit margin: 23% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue.
Price Target Changed • Oct 19Price target increased to CA$4.13Up from CA$3.67, the current price target is provided by 1 analyst. New target price is 54% above last closing price of CA$2.67. Stock is up 385% over the past year. The company posted a net loss per share of CA$0.091 last year.
Price Target Changed • Oct 15Price target increased to CA$3.92Up from CA$3.46, the current price target is provided by 1 analyst. New target price is 42% above last closing price of CA$2.76. Stock is up 393% over the past year.
Price Target Changed • Oct 07Price target increased to CA$3.67Up from CA$3.25, the current price target is provided by 1 analyst. New target price is 33% above last closing price of CA$2.75. Stock is up 358% over the past year.
분석 기사 • Aug 19Pipestone Energy (TSE:PIPE) Is Experiencing Growth In Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Reported Earnings • Aug 12Second quarter 2021 earnings released: CA$0.006 loss per share (vs CA$0.10 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CA$81.8m (up 205% from 2Q 2020). Net loss: CA$1.19m (loss narrowed 94% from 2Q 2020).
공시 • Aug 12Pipestone Energy Corp. Provides Production Guidance for the Full Year 2021, 2022 and 2023Pipestone Energy Corp. provided production guidance for the full year 2021, 2022 and 2023. For the year 2021, the company expected production to be in the range of 24,000 boe/d to 26,000 boe/d. For the year 2021, the company expected production to be in the range of 33,000 boe/d to 36,000 boe/d. For the year 2021, the company expected production to be in the range of 37,000 boe/d to 40,000 boe/d.
Recent Insider Transactions Derivative • Jul 07President exercised options to buy CA$80k worth of stock.On the 1st of July, Paul Wanklyn exercised options to buy 38k shares at a strike price of around CA$2.27, costing a total of CA$86k. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. Since September 2020, Paul's direct individual holding has increased from 473.06k shares to 647.77k. Company insiders have collectively bought CA$1.4m more than they sold, via options and on-market transactions, in the last 12 months.
Executive Departure • Jul 01Non-Independent Director Geeta Sankappanavar has left the companyOn the 29th of June, Geeta Sankappanavar's tenure as Non-Independent Director ended after 2.5 years in the role. As of March 2021, Geeta still personally held 240.24k shares (CA$113k worth at the time). Geeta is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.33 years.
Price Target Changed • Jun 22Price target increased to CA$3.15Up from CA$2.90, the current price target is an average from 2 analysts. New target price is 47% above last closing price of CA$2.15. Stock is up 291% over the past year.
Price Target Changed • Jun 18Price target increased to CA$3.05Up from CA$2.85, the current price target is an average from 2 analysts. New target price is 54% above last closing price of CA$1.98. Stock is up 260% over the past year.
Price Target Changed • Jun 10Price target increased to CA$2.90Up from CA$2.67, the current price target is an average from 2 analysts. New target price is 65% above last closing price of CA$1.76. Stock is up 198% over the past year.
Recent Insider Transactions • Jun 09Non-Independent Director recently bought CA$448k worth of stockOn the 7th of June, Garth Braun bought around 253k shares on-market at roughly CA$1.77 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$743k more in shares than they have sold in the last 12 months.
분석 기사 • May 24Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • May 13First quarter 2021 earnings releasedThe company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CA$47.1m (up 54% from 1Q 2020). Net loss: CA$954.0k (down 106% from profit in 1Q 2020).
Recent Insider Transactions Derivative • Mar 27President exercised options to buy CA$178k worth of stock.On the 24th of March, Paul Wanklyn exercised options to buy 109k shares at a strike price of around CA$1.66, costing a total of CA$181k. This transaction amounted to 21% of their direct individual holding at the time of the trade. Since March 2020, Paul's direct individual holding has increased from 243.80k shares to 531.40k. Company insiders have collectively bought CA$962k more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Mar 13Full year 2020 earnings released: CA$0.091 loss per share (vs CA$0.074 loss in FY 2019)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: CA$131.8m (up 121% from FY 2019). Net loss: CA$17.3m (loss widened 24% from FY 2019). Oil reserves and sales price Proven reserves: 0.025 MMbbls Average sales price/bbl: US$37.46 Gas reserves and sales price Proven reserves: 435.936 Bcf Average sales price/mcf: US$2.42 LNG reserves and sales price Proven reserves: 48.912 MMbbls Average sales price/bbl: US$36.06 Combined production and costs Oil equivalent production: 5.683 MMboe (1.738 MMboe in FY 2019) Average production cost/Boe: US$11.18 (US$13.89/Boe in FY 2019)
Analyst Estimate Surprise Post Earnings • Mar 13Revenue beats expectationsRevenue exceeded analyst estimates by 4.6%. Over the next year, revenue is forecast to grow 117%, compared to a 34% growth forecast for the Oil and Gas industry in Canada.
Is New 90 Day High Low • Mar 10New 90-day high: CA$1.99The company is up 202% from its price of CA$0.66 on 09 December 2020. The Canadian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$19.73 per share.
분석 기사 • Feb 25Have Insiders Been Buying Pipestone Energy Corp. (TSE:PIPE) Shares This Year?We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
Is New 90 Day High Low • Feb 05New 90-day high: CA$0.91The company is up 75% from its price of CA$0.52 on 06 November 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$15.19 per share.
Price Target Changed • Jan 24Price target raised to CA$1.20Up from CA$1.09, the current price target is an average from 3 analysts. The new target price is 45% above the current share price of CA$0.83. As of last close, the stock is down 42% over the past year.
분석 기사 • Jan 21Is Pipestone Energy (TSE:PIPE) Weighed On By Its Debt Load?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Jan 13New 90-day high: CA$0.79The company is up 36% from its price of CA$0.58 on 14 October 2020. The Canadian 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$15.28 per share.
분석 기사 • Dec 17What Kind Of Investors Own Most Of Pipestone Energy Corp. (CVE:PIPE)?The big shareholder groups in Pipestone Energy Corp. ( CVE:PIPE ) have power over the company. Institutions often own...
