Journey Energy (17J) 주식 개요는 캐나다 앨버타주에서 원유와 천연가스의 탐사, 개발 및 생산에 종사하는 회사입니다. 자세히 보기17J 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장3/6과거 실적4/6재무 건전성3/6배당0/6강점공정 가치 추정치보다 낮은 5.4% 에서 거래수익은 매년 28.92% 증가할 것으로 예상됩니다.지난 1년간 수익이 67.3% 증가했습니다.위험 분석재무 결과에 영향을 미치는 대규모 일회성 항목지난 3개월 동안 주가 변동성이 German 시장과 비교해 높았습니다.모든 위험 점검 보기17J Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW478,907 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 NarrativeBLINRODA478,907 investors already sharing narrativesYour Fair Value€Current Price€3.420.6% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-166m243m2016201920222025202620282031Revenue CA$242.9mEarnings CA$36.1mAdvancedSet Fair ValueView all narrativesJourney Energy Inc. 경쟁사Deutsche RohstoffSymbol: XTRA:DR0Market cap: €431.6mEnviTec BiogasSymbol: XTRA:ETGMarket cap: €262.8mDaldrup & SöhneSymbol: XTRA:4DSMarket cap: €131.1mFriedrich Vorwerk GroupSymbol: XTRA:VH2Market cap: €1.3b가격 이력 및 성과Journey Energy 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$3.4252주 최고가CA$4.2252주 최저가CA$1.51베타1.511개월 변동30.53%3개월 변동-18.96%1년 변동118.81%3년 변동-7.57%5년 변동352.98%IPO 이후 변동-55.56%최근 뉴스 및 업데이트Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €3.20, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 14x in the Oil and Gas industry in Europe. Total loss to shareholders of 13% over the past three years.Reported Earnings • Aug 09Second quarter 2026 earnings released: EPS: CA$0.27 (vs CA$0.061 in 2Q 2025)Second quarter 2026 results: EPS: CA$0.27 (up from CA$0.061 in 2Q 2025). Revenue: CA$55.4m (up 36% from 2Q 2025). Net income: CA$18.5m (up 355% from 2Q 2025). Profit margin: 33% (up from 10.0% in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.86, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 16x in the Oil and Gas industry in Europe. Total loss to shareholders of 20% over the past three years.공고 • Jun 17Journey Energy Inc. Updates Operating Guidance for 2026Journey Energy Inc. updated operating guidance for 2026. The company expects now annual average daily sales volumes 10,300 boe/d -10,700 boe/d (65% crude oil & NGL's) compared to previous guidance of 10,800 boe/d -11,200 boe/d (62% crude oil & NGL's).Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Jenna Kaye was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공고 • Mar 24Journey Energy Inc., Annual General Meeting, May 27, 2026Journey Energy Inc., Annual General Meeting, May 27, 2026. Location: alberta, calgary Canada더 많은 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €3.20, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 14x in the Oil and Gas industry in Europe. Total loss to shareholders of 13% over the past three years.Reported Earnings • Aug 09Second quarter 2026 earnings released: EPS: CA$0.27 (vs CA$0.061 in 2Q 2025)Second quarter 2026 results: EPS: CA$0.27 (up from CA$0.061 in 2Q 2025). Revenue: CA$55.4m (up 36% from 2Q 2025). Net income: CA$18.5m (up 355% from 2Q 2025). Profit margin: 33% (up from 10.0% in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.86, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 16x in the Oil and Gas industry in Europe. Total loss to shareholders of 20% over the past three years.공고 • Jun 17Journey Energy Inc. Updates Operating Guidance for 2026Journey Energy Inc. updated operating guidance for 2026. The company expects now annual average daily sales volumes 10,300 boe/d -10,700 boe/d (65% crude oil & NGL's) compared to previous guidance of 10,800 boe/d -11,200 boe/d (62% crude oil & NGL's).Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Jenna Kaye was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공고 • Mar 24Journey Energy Inc., Annual General Meeting, May 27, 2026Journey Energy Inc., Annual General Meeting, May 27, 2026. Location: alberta, calgary Canada공고 • Mar 14Journey Energy Inc. Provides Operating Guidance for the Year 2026Journey Energy Inc. provided Operating guidance for the year 2026. For the year, the company expects Annual average daily sales volumes 10,800-11,200 boe/d (61% crude oil & NGL's).공고 • Jul 08Journey Energy Inc. Provides Encouraging Results from Its First Three 2025 Duvernay WellsJourney Energy Inc. provided an update on its Duvernay Joint Venture operations, including initial results from the 2025 capital program. Duvernay Joint Venture Operational Update. On May 7, 2024 Journey announced its participation in the 128 section, Spartan Delta Corp. ("S Spartan") operated, Joint Venture in the Duvernay. Journey's current working interest in the Joint Venture is 30%. The Duvernay Joint Venture represents a significant component of Journeys 2025 capital program. As part of this program, 8.0 (2.4 net) wells were drilled and 7.0 (2.1 net) wells have now been completed. In the second quarter of 2025, Spartan completed and brought on-production the following 3 (0.9 net) wells from an eight well pad at 06-04-043-03W5: 12-26-042-03W5 - Spartan completed and brought the well on-stream in May at a lateral length of 3,834 meters (12,579 feet). Initial production results are exceeding internal expectations, averaging 30-day peak sales production of approximately 1,228 Boe/d including 87% liquids (1,028 Bbl/d of light crude oil and 45 Bbl/d of NGLs), with 0.9 MMcf/d of natural gas. 09-27-042-03W 5 - Spartan completed and brought the Well on-stream in May at an lateral length of 3,895 meters (12,779 feet). Initial production results are exceed internal expectations, averaging 30- day peak sales production of approximately 1.315 Boe/d including 86% liquids (1,079 Bbl/d of light oil and 51 Bbl/d of N GLs), with 1.1 MMcf/d of Natural gas. 07-27-042-02W5 - Spartan completed and bring the well on-stream in June at a lateral length of 3.825 meters (12,549 feet). Management will be providing further updates on these wells as data becomes available. The results from the first five wells drilled in the Joint Venture support the superior netback and economic strength of this world class resource while serving to demonstrate the consistent and repeatable nature of the play allowing for a multi-year development plan. Journey currently forecasts a significant expansion in near-term capital for 2026 as the play enters its development phase.공고 • Mar 18Journey Energy Inc., Annual General Meeting, May 22, 2025Journey Energy Inc., Annual General Meeting, May 22, 2025. Location: calgary Canada공고 • Jan 30Journey Energy Inc. Provides Operating Guidance for 2025Journey Energy Inc. provided Operating Guidance for 2025. For the period, the company expects 2025 Initial Guidance Annual average daily sales volumes 10,800-11,200 boe/d (58% crude oil & NGL's).Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.42, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 9x in the Oil and Gas industry in Europe. Total loss to shareholders of 33% over the past three years.New Risk • Jan 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Shareholders have been diluted in the past year (9.4% increase in shares outstanding). Market cap is less than US$100m (€85.7m market cap, or US$87.9m).Recent Insider Transactions • Nov 15Independent Director recently bought €56k worth of stockOn the 12th of November, Reginald Smith bought around 40k shares on-market at roughly €1.39 per share. This transaction amounted to 65% 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 €449k more in shares than they have sold in the last 12 months.Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: CA$0.01 (vs CA$0.13 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.01 (down from CA$0.13 in 3Q 2023). Revenue: CA$40.6m (down 15% from 3Q 2023). Net income: CA$598.0k (down 92% from 3Q 2023). Profit margin: 1.5% (down from 16% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.New Risk • Oct 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.7m (US$97.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (€90.7m market cap, or US$97.9m).공고 • Oct 11+ 1 more updateJourney Energy Inc. Provides Operating Guidance for Third Quarter 2024Journey Energy Inc. announced that it is maintaining its current guidance pertaining to sales volumes and intends to provide additional guidance later in the year as it completes the 2025 budget process including the refinement of the Duvernay capital spending with its partner. Journey's Stolberg volumes (300 boe/d, 35% liquids) remain shut-in and Journey is continuing to look at alternative solutions to bringing these volumes back on. Journey currently forecasts these volumes will remain down until late 2024. Third quarter volumes were impacted by the Stolberg shut-ins as well as the shut-in of other minor natural gas properties. Current production guidance for the third quarter is to be between 10,900-11,100 boe/d (55% liquids).Reported Earnings • Aug 09Second quarter 2024 earnings released: CA$0.04 loss per share (vs CA$0.029 loss in 2Q 2023)Second quarter 2024 results: CA$0.04 loss per share (further deteriorated from CA$0.029 loss in 2Q 2023). Revenue: CA$41.9m (down 6.0% from 2Q 2023). Net loss: CA$2.33m (loss widened 31% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Recent Insider Transactions • Jun 13President recently bought €85k worth of stockOn the 10th of June, Alexander Verge bought around 40k shares on-market at roughly €2.13 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €108k. This was Alexander's only on-market trade for the last 12 months.Recent Insider Transactions • May 16Independent Director recently bought €69k worth of stockOn the 14th of May, Reginald Smith bought around 30k shares on-market at roughly €2.29 per share. This transaction increased Reginald's direct individual holding by 2x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €108k. Insiders have collectively bought €194k more in shares than they have sold in the last 12 months.Reported Earnings • May 10First quarter 2024 earnings released: EPS: CA$0.05 (vs CA$0.11 in 1Q 2023)First quarter 2024 results: EPS: CA$0.05 (down from CA$0.11 in 1Q 2023). Revenue: CA$43.9m (down 9.3% from 1Q 2023). Net income: CA$3.25m (down 50% from 1Q 2023). Profit margin: 7.4% (down from 13% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.Recent Insider Transactions • Apr 07Independent Chairman recently bought €108k worth of stockOn the 2nd of April, Craig Hansen bought around 50k shares on-market at roughly €2.17 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Craig's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.43, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 393% over the past three years.Buy Or Sell Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to €2.06. The fair value is estimated to be €2.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 32% in a year. Earnings are forecast to decline by 8.3% in the next year.공고 • Mar 19Journey Energy Inc., Annual General Meeting, May 23, 2024Journey Energy Inc., Annual General Meeting, May 23, 2024.Reported Earnings • Mar 13Full year 2023 earnings released: EPS: CA$0.26 (vs CA$2.95 in FY 2022)Full year 2023 results: EPS: CA$0.26 (down from CA$2.95 in FY 2022). Revenue: CA$186.9m (down 6.5% from FY 2022). Net income: CA$15.8m (down 90% from FY 2022). Profit margin: 8.5% (down from 78% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to decline by 43% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.공고 • Dec 22Journey Energy Inc. Provides Operating Guidance for the Year 2024Journey Energy Inc. provided operating guidance for the year 2024. For the year, the company expects Annual average daily sales volumes in the range of 11,500–12,000 boe/d (55%crude oil & NGL's).Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: CA$0.13 (vs CA$0.29 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.13 (down from CA$0.29 in 3Q 2022). Revenue: CA$47.8m (up 3.2% from 3Q 2022). Net income: CA$7.71m (down 50% from 3Q 2022). Profit margin: 16% (down from 33% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 225% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 60% Last year net profit margin: 86% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 77% per year for the foreseeable future. High level of non-cash earnings (46% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (60% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).Reported Earnings • Aug 09Second quarter 2023 earnings released: CA$0.03 loss per share (vs CA$0.54 profit in 2Q 2022)Second quarter 2023 results: CA$0.03 loss per share (down from CA$0.54 profit in 2Q 2022). Revenue: CA$44.6m (down 21% from 2Q 2022). Net loss: CA$1.77m (down 106% from profit in 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has increased by 217% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.08, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 1,469% over the past three years.공고 • May 11Journey Energy Inc. Provides Operating Guidance for the Year 2023Journey Energy Inc. provided operating guidance for the year 2023. For the year, the company expects annual average daily sales volumes of 12,500 boe/d to 13,000 boe/d (54% crude oil & NGL's).Reported Earnings • May 11Full year 2022 earnings released: EPS: CA$2.95 (vs CA$2.18 in FY 2021)Full year 2022 results: EPS: CA$2.95 (up from CA$2.18 in FY 2021). Revenue: CA$200.0m (up 74% from FY 2021). Net income: CA$155.2m (up 57% from FY 2021). Profit margin: 78% (down from 86% in FY 2021). The decrease in margin was driven by higher expenses. Oil sales price Average sales price/bbl (hedged): US$105 Gas sales price Average sales price/mcf (hedged): US$5.38 LNG sales price Average sales price/bbl (hedged): US$64.69 Combined production and costs Oil equivalent production: 3.569 MMboe (2.921 MMboe in FY 2021) Average production cost/Boe: US$20.27 (US$16.45/Boe in FY 2021) Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has increased by 142% per year, which means it is tracking significantly ahead of earnings growth.Board Change • May 10High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jenna Kaye was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €4.38, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 3,776% over the past three years.Reported Earnings • Mar 09Full year 2022 earnings released: EPS: CA$2.95 (vs CA$2.18 in FY 2021)Full year 2022 results: EPS: CA$2.95 (up from CA$2.18 in FY 2021). Revenue: CA$200.0m (up 74% from FY 2021). Net income: CA$155.2m (up 57% from FY 2021). Profit margin: 78% (down from 86% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 70% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 8.0%. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has increased by 176% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.04, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 5x in the Oil and Gas industry in Germany. Total returns to shareholders of 573% over the past three years.공고 • Jan 19Journey Energy Inc. Provides Operating Guidance for the First Half of 2023Journey Energy Inc. provided operating guidance for the first half of 2023. For the period, the company expected annual average daily sales volumes of 13,000 boe/d – 13,500 boe/d (54% crude oil and NGL).Valuation Update With 7 Day Price Move • Dec 08Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €3.50, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 12x in the Oil and Gas industry in Germany. Total returns to shareholders of 207% over the past three years.Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: CA$0.29 (vs CA$2.02 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.29 (down from CA$2.02 in 3Q 2021). Revenue: CA$46.3m (up 46% from 3Q 2021). Net income: CA$15.5m (down 83% from 3Q 2021). Profit margin: 33% (down from 291% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to €3.96, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 13x in the Oil and Gas industry in Germany. Total returns to shareholders of 164% over the past three years.Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 25% share price gain to €4.62, the stock trades at a trailing P/E ratio of 2.5x. Average forward P/E is 4x in the Oil and Gas industry in Germany. Total returns to shareholders of 220% over the past three years.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: CA$0.54 (vs CA$0.008 loss in 2Q 2021)Second quarter 2022 results: EPS: CA$0.54 (up from CA$0.008 loss in 2Q 2021). Revenue: CA$56.2m (up 121% from 2Q 2021). Net income: CA$28.2m (up CA$28.6m from 2Q 2021). Profit margin: 50% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €3.08, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 5x in the Oil and Gas industry in Germany. Total returns to shareholders of 82% over the past three years.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €4.76, the stock trades at a trailing P/E ratio of 3.2x. Average forward P/E is 5x in the Oil and Gas industry in Germany. Total returns to shareholders of 187% over the past three years.Board Change • Jun 02High number of new directorsDirector Scott Treadwell was the last director to join the board, commencing their role in 2022.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 26% share price gain to €4.60, the stock trades at a trailing P/E ratio of 3x. Average forward P/E is 6x in the Oil and Gas industry in Germany. Total returns to shareholders of 159% over the past three years.Recent Insider Transactions • May 15Insider recently sold €137k worth of stockOn the 13th of May, Ryan Yates sold around 35k shares on-market at roughly €3.91 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €231k more than they bought in the last 12 months.Reported Earnings • May 11First quarter 2022 earnings released: EPS: CA$0.28 (vs CA$0.039 in 1Q 2021)First quarter 2022 results: EPS: CA$0.28 (up from CA$0.039 in 1Q 2021). Revenue: CA$39.7m (up 70% from 1Q 2021). Net income: CA$13.8m (up CA$12.1m from 1Q 2021). Profit margin: 35% (up from 7.3% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Mar 23CFO & Corporate Secretary recently bought €72k worth of stockOn the 18th of March, Gerald Gilewicz bought around 24k shares on-market at roughly €3.04 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Gerald has been a net seller over the last 12 months, reducing personal holdings by €51k.Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CA$2.18 (up from CA$1.31 loss in FY 2020). Revenue: CA$115.2m (up 80% from FY 2020). Net income: CA$99.1m (up CA$155.8m from FY 2020). Profit margin: 86% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Oil sales price Average sales price/bbl (hedged): US$70.57 Gas sales price Average sales price/mcf (hedged): US$3.59 LNG sales price Average sales price/bbl (hedged): US$45.20 Combined production and costs Oil equivalent production: 2.921 MMboe (3.058 MMboe in FY 2020) Average production cost/Boe: US$16.45 (US$12.48/Boe in FY 2020) Revenue was in line with analyst estimates. 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 43% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improved over the past weekAfter last week's 32% share price gain to €3.68, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 7x in the Oil and Gas industry in Germany. Total returns to shareholders of 199% over the past three years.Recent Insider Transactions • Jan 07Insider recently sold €90k worth of stockOn the 5th of January, Brett Boklaschuk sold around 43k shares on-market at roughly €2.12 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €60k more than they bought in the last 12 months.Recent Insider Transactions • Dec 10Insider recently sold €67k worth of stockOn the 8th of December, Brett Boklaschuk sold around 40k shares on-market at roughly €1.68 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €65k more than they sold in the last 12 months.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS CA$2.02 (vs CA$0.19 loss in 3Q 2020)Third quarter 2021 results: Revenue: CA$31.7m (up 80% from 3Q 2020). Net income: CA$92.2m (up CA$100.3m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.12, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total loss to shareholders of 26% over the past three years.공고 • Aug 20Journey Energy Inc. (TSX:JOY) completed the acquisition of Briko Energy Corp.Journey Energy Inc. (TSX:JOY) entered into an agreement to acquire Briko Energy Corp for CAD 7 million on June 23, 2021. Under the term, the shareholder of Briko can elect to receive CAD 2.9 million of cash or 3.5 million common shares of Journey on the basis of CAD 0.26 in cash and 0.31 Journey Shares for each common share of Briko held. The transaction is subject to the approval of at least 66 2/3% of Briko Shareholders voting at an annual and special meeting scheduled to be held on August 12, 2021, the receipt of court approval, Briko Shareholders holding not more than 5% of the outstanding Briko Shares shall have exercised Dissent Rights in respect of the Arrangement, the Journey Shares to be issued to the Briko Shareholders (other than Dissenting Shareholders) pursuant to the Arrangement are conditionally approved for listing on the TSX and other customary closing conditions. The board of directors of Briko has unanimously approved the transaction. The Briko board of directors has resolved to recommend that Briko shareholders vote their common shares in favor of the transaction. All the directors and officers of Briko, holding approximately 8.4% of the outstanding common shares of Briko, have entered into support agreements to vote their Briko common shares in favour of the transaction. In the event the transaction is not completed or is terminated by either party in certain circumstances, non-completion fees of CAD 0.375 million will be paid. The transaction is expected to close on or about August 18, 2021. Sayer Energy Advisors acted as a financial advisor to Briko and also provided fairness opinion. Computershare Investor Services Inc. served as Depository to Briko. Louise Lee of Borden Ladner Gervais LLP served as legal advisor to Briko. Brad Squibb of McCarthy Tétrault LLP served as legal advisor to Journey Energy Journey Energy Inc. (TSX:JOY) completed the acquisition of Briko Energy Corp on August 18, 2021.The shareholders of Briko Energy voted in favor of the Journey acquisition with 92% of the votes cast approving the deal.Reported Earnings • Aug 12Second quarter 2021 earnings released: CA$0.008 loss per share (vs CA$0.36 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$25.4m (up 129% from 2Q 2020). Net loss: CA$353.0k (loss narrowed 98% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공고 • Jun 25+ 1 more updateJourney Energy Inc. (TSX:JOY) entered into an agreement to acquire Briko Energy Corp for CAD 7 million.Journey Energy Inc. (TSX:JOY) entered into an agreement to acquire Briko Energy Corp for CAD 7 million on June 24, 2021. Under the term, the shareholder of Briko can elect to receive CAD 2.9 million of cash or 3.5 million common shares of Journey on the basis of CAD 0.26 in cash and 0.31 Journey Shares for each common share of Briko held. The transaction is subject to the approval of at least 66 2/3% of Briko Shareholders voting at an annual and special meeting scheduled to be held on August 12, 2021, the receipt of court approval and other customary closing conditions. The board of directors of Briko has unanimously approved the transaction. The Briko board of directors has resolved to recommend that Briko shareholders vote their common shares in favor of the transaction. All the directors and officers of Briko, holding approximately 8.4% of the outstanding common shares of Briko, have entered into support agreements to vote their Briko common shares in favour of the transaction. In the event the transaction is not completed or is terminated by either party in certain circumstances, non-completion fees of CAD 0.375 million will be paid. The transaction is expected to close on or about August 18, 2021. Sayer Energy Advisors acted as a financial advisor to Briko.Executive Departure • Jun 01Independent Director has left the companyOn the 26th of May, Ryan Shay's tenure as Independent Director ended after 4.0 years in the role. As of March 2021, Ryan personally held only 212.51k shares (€12k worth at the time). A total of 3 executives have left over the last 12 months.Executive Departure • Jun 01Independent Chairman Howard Crone has left the companyOn the 26th of May, Howard Crone's tenure in the role of Independent Chairman ended. As of March 2021, Howard personally held only 471.70k shares (€28k worth at the time). A total of 3 executives have left over the last 12 months.Reported Earnings • May 09First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$23.4m (up 42% from 1Q 2020). Net income: CA$1.70m (up CA$67.1m from 1Q 2020). Profit margin: 7.3% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.공고 • May 08Journey Energy Inc. Provides Production Guidance for the Fiscal Year 2021Journey Energy Inc. provided production guidance for the fiscal year 2021. For the year, the company expects annual average production in range of 7,300 - 7,600 boe/d (46% crude oil and NGL).Reported Earnings • Mar 11Full year 2020 earnings released: CA$1.31 loss per share (vs CA$0.78 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CA$64.0m (down 35% from FY 2019). Net loss: CA$56.6m (loss widened 81% from FY 2019). Oil sales price Average sales price/bbl (hedged): US$44.96 Gas sales price Average sales price/mcf (hedged): US$1.91 LNG sales price Average sales price/bbl (hedged): US$18.75 Combined production and costs Oil equivalent production: 3.058 MMboe (3.421 MMboe in FY 2019) Average production cost/Boe: US$12.48 (US$14.23/Boe in FY 2019) Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Mar 10New 90-day high: €0.30The company is up 75% from its price of €0.17 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 1.0% over the same period.Is New 90 Day High Low • Feb 04New 90-day high: €0.27The company is up 259% from its price of €0.074 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 62% over the same period.Reported Earnings • Nov 17Third quarter 2020 earnings released: CA$0.19 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: CA$17.7m (down 25% from 3Q 2019). Net loss: CA$8.04m (loss widened 14% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings.공고 • Nov 04An unknown buyer entered into agreement to acquire Non-Core Asset of Journey Energy Inc. in Telfordville, AlbertaAn unknown buyer entered into agreement to acquire Non-Core Asset of Journey Energy Inc. in Telfordville, Alberta on November 2, 2020. In a related transaction an unknown buyer entered into agreement to acquire Assets of Journey Energy Inc. in Countess Area. Total proceeds from these asset sales of approximately $15 million before closing adjustments. Closing of both asset sales is expected to occur on or before December 15, 2020. The proceeds will be used to retire indebtedness associated with new term loans.공고 • Nov 03An Unknown buyer entered into agreement to acquire Assets in Countess Area of Journey Energy Inc.An Unknown buyer entered into agreement to acquire Assets in Countess Area of Journey Energy Inc. on November 2, 2020. The assets in both its Countess area, also producing assets in its Telfordville area. Total proceeds from these asset sales of approximately $15 million before closing adjustments.주주 수익률17JDE Oil and GasDE 시장7D20.4%0.6%0.2%1Y118.8%31.1%3.6%전체 주주 수익률 보기수익률 대 산업: 17J은 지난 1년 동안 31.1%의 수익을 기록한 German Oil and Gas 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 17J은 지난 1년 동안 3.6%를 기록한 German 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 17J's price volatile compared to industry and market?17J volatility17J Average Weekly Movement8.8%Oil and Gas Industry Average Movement7.5%Market Average Movement5.2%10% most volatile stocks in DE Market13.0%10% least volatile stocks in DE Market2.7%안정적인 주가: 17J의 주가는 지난 3개월 동안 German 시장보다 변동성이 컸습니다.시간에 따른 변동성: 17J의 주간 변동성(9%)은 지난 1년 동안 안정적이었지만 German 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트2007n/aAlex Vergewww.journeyenergy.ca는 캐나다 앨버타 주에서 원유와 천연가스의 탐사, 개발 및 생산에 종사하고 있습니다. 이 회사는 발전 자산을 개발하고 운영합니다. 또한 콘덴세이트와 천연가스 액체("NGL")도 판매합니다.더 보기Journey Energy Inc. 기초 지표 요약Journey Energy의 순이익과 매출은 시가총액과 어떻게 비교됩니까?17J 기초 통계시가총액€228.14m순이익 (TTM)€16.68m매출 (TTM)€112.23m13.7x주가수익비율(P/E)2.0x주가매출비율(P/S)17J는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표17J 손익계산서 (TTM)매출CA$180.25m매출원가CA$87.39m총이익CA$92.86m기타 비용CA$66.07m순이익CA$26.79m최근 보고된 실적Jun 30, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.40총이익률51.52%순이익률14.86%부채/자본 비율11.8%17J의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/17 22:17종가2026/08/14 00:00수익2026/06/30연간 수익2025/12/31데이터 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Journey Energy Inc.는 12명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Trevor ReynoldsAcumen Capital Finance Partners LimitedThomas MatthewsATB CormarkPatrick O'RourkeATB Cormark9명의 분석가 더 보기
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €3.20, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 14x in the Oil and Gas industry in Europe. Total loss to shareholders of 13% over the past three years.
Reported Earnings • Aug 09Second quarter 2026 earnings released: EPS: CA$0.27 (vs CA$0.061 in 2Q 2025)Second quarter 2026 results: EPS: CA$0.27 (up from CA$0.061 in 2Q 2025). Revenue: CA$55.4m (up 36% from 2Q 2025). Net income: CA$18.5m (up 355% from 2Q 2025). Profit margin: 33% (up from 10.0% in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.86, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 16x in the Oil and Gas industry in Europe. Total loss to shareholders of 20% over the past three years.
공고 • Jun 17Journey Energy Inc. Updates Operating Guidance for 2026Journey Energy Inc. updated operating guidance for 2026. The company expects now annual average daily sales volumes 10,300 boe/d -10,700 boe/d (65% crude oil & NGL's) compared to previous guidance of 10,800 boe/d -11,200 boe/d (62% crude oil & NGL's).
Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Jenna Kaye was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공고 • Mar 24Journey Energy Inc., Annual General Meeting, May 27, 2026Journey Energy Inc., Annual General Meeting, May 27, 2026. Location: alberta, calgary Canada
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €3.20, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 14x in the Oil and Gas industry in Europe. Total loss to shareholders of 13% over the past three years.
Reported Earnings • Aug 09Second quarter 2026 earnings released: EPS: CA$0.27 (vs CA$0.061 in 2Q 2025)Second quarter 2026 results: EPS: CA$0.27 (up from CA$0.061 in 2Q 2025). Revenue: CA$55.4m (up 36% from 2Q 2025). Net income: CA$18.5m (up 355% from 2Q 2025). Profit margin: 33% (up from 10.0% in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.86, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 16x in the Oil and Gas industry in Europe. Total loss to shareholders of 20% over the past three years.
공고 • Jun 17Journey Energy Inc. Updates Operating Guidance for 2026Journey Energy Inc. updated operating guidance for 2026. The company expects now annual average daily sales volumes 10,300 boe/d -10,700 boe/d (65% crude oil & NGL's) compared to previous guidance of 10,800 boe/d -11,200 boe/d (62% crude oil & NGL's).
Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Director Jenna Kaye was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공고 • Mar 24Journey Energy Inc., Annual General Meeting, May 27, 2026Journey Energy Inc., Annual General Meeting, May 27, 2026. Location: alberta, calgary Canada
공고 • Mar 14Journey Energy Inc. Provides Operating Guidance for the Year 2026Journey Energy Inc. provided Operating guidance for the year 2026. For the year, the company expects Annual average daily sales volumes 10,800-11,200 boe/d (61% crude oil & NGL's).
공고 • Jul 08Journey Energy Inc. Provides Encouraging Results from Its First Three 2025 Duvernay WellsJourney Energy Inc. provided an update on its Duvernay Joint Venture operations, including initial results from the 2025 capital program. Duvernay Joint Venture Operational Update. On May 7, 2024 Journey announced its participation in the 128 section, Spartan Delta Corp. ("S Spartan") operated, Joint Venture in the Duvernay. Journey's current working interest in the Joint Venture is 30%. The Duvernay Joint Venture represents a significant component of Journeys 2025 capital program. As part of this program, 8.0 (2.4 net) wells were drilled and 7.0 (2.1 net) wells have now been completed. In the second quarter of 2025, Spartan completed and brought on-production the following 3 (0.9 net) wells from an eight well pad at 06-04-043-03W5: 12-26-042-03W5 - Spartan completed and brought the well on-stream in May at a lateral length of 3,834 meters (12,579 feet). Initial production results are exceeding internal expectations, averaging 30-day peak sales production of approximately 1,228 Boe/d including 87% liquids (1,028 Bbl/d of light crude oil and 45 Bbl/d of NGLs), with 0.9 MMcf/d of natural gas. 09-27-042-03W 5 - Spartan completed and brought the Well on-stream in May at an lateral length of 3,895 meters (12,779 feet). Initial production results are exceed internal expectations, averaging 30- day peak sales production of approximately 1.315 Boe/d including 86% liquids (1,079 Bbl/d of light oil and 51 Bbl/d of N GLs), with 1.1 MMcf/d of Natural gas. 07-27-042-02W5 - Spartan completed and bring the well on-stream in June at a lateral length of 3.825 meters (12,549 feet). Management will be providing further updates on these wells as data becomes available. The results from the first five wells drilled in the Joint Venture support the superior netback and economic strength of this world class resource while serving to demonstrate the consistent and repeatable nature of the play allowing for a multi-year development plan. Journey currently forecasts a significant expansion in near-term capital for 2026 as the play enters its development phase.
공고 • Mar 18Journey Energy Inc., Annual General Meeting, May 22, 2025Journey Energy Inc., Annual General Meeting, May 22, 2025. Location: calgary Canada
공고 • Jan 30Journey Energy Inc. Provides Operating Guidance for 2025Journey Energy Inc. provided Operating Guidance for 2025. For the period, the company expects 2025 Initial Guidance Annual average daily sales volumes 10,800-11,200 boe/d (58% crude oil & NGL's).
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.42, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 9x in the Oil and Gas industry in Europe. Total loss to shareholders of 33% over the past three years.
New Risk • Jan 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Shareholders have been diluted in the past year (9.4% increase in shares outstanding). Market cap is less than US$100m (€85.7m market cap, or US$87.9m).
Recent Insider Transactions • Nov 15Independent Director recently bought €56k worth of stockOn the 12th of November, Reginald Smith bought around 40k shares on-market at roughly €1.39 per share. This transaction amounted to 65% 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 €449k more in shares than they have sold in the last 12 months.
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: CA$0.01 (vs CA$0.13 in 3Q 2023)Third quarter 2024 results: EPS: CA$0.01 (down from CA$0.13 in 3Q 2023). Revenue: CA$40.6m (down 15% from 3Q 2023). Net income: CA$598.0k (down 92% from 3Q 2023). Profit margin: 1.5% (down from 16% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
New Risk • Oct 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.7m (US$97.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (€90.7m market cap, or US$97.9m).
공고 • Oct 11+ 1 more updateJourney Energy Inc. Provides Operating Guidance for Third Quarter 2024Journey Energy Inc. announced that it is maintaining its current guidance pertaining to sales volumes and intends to provide additional guidance later in the year as it completes the 2025 budget process including the refinement of the Duvernay capital spending with its partner. Journey's Stolberg volumes (300 boe/d, 35% liquids) remain shut-in and Journey is continuing to look at alternative solutions to bringing these volumes back on. Journey currently forecasts these volumes will remain down until late 2024. Third quarter volumes were impacted by the Stolberg shut-ins as well as the shut-in of other minor natural gas properties. Current production guidance for the third quarter is to be between 10,900-11,100 boe/d (55% liquids).
Reported Earnings • Aug 09Second quarter 2024 earnings released: CA$0.04 loss per share (vs CA$0.029 loss in 2Q 2023)Second quarter 2024 results: CA$0.04 loss per share (further deteriorated from CA$0.029 loss in 2Q 2023). Revenue: CA$41.9m (down 6.0% from 2Q 2023). Net loss: CA$2.33m (loss widened 31% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Jun 13President recently bought €85k worth of stockOn the 10th of June, Alexander Verge bought around 40k shares on-market at roughly €2.13 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €108k. This was Alexander's only on-market trade for the last 12 months.
Recent Insider Transactions • May 16Independent Director recently bought €69k worth of stockOn the 14th of May, Reginald Smith bought around 30k shares on-market at roughly €2.29 per share. This transaction increased Reginald's direct individual holding by 2x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €108k. Insiders have collectively bought €194k more in shares than they have sold in the last 12 months.
Reported Earnings • May 10First quarter 2024 earnings released: EPS: CA$0.05 (vs CA$0.11 in 1Q 2023)First quarter 2024 results: EPS: CA$0.05 (down from CA$0.11 in 1Q 2023). Revenue: CA$43.9m (down 9.3% from 1Q 2023). Net income: CA$3.25m (down 50% from 1Q 2023). Profit margin: 7.4% (down from 13% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Apr 07Independent Chairman recently bought €108k worth of stockOn the 2nd of April, Craig Hansen bought around 50k shares on-market at roughly €2.17 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Craig's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.43, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 393% over the past three years.
Buy Or Sell Opportunity • Mar 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to €2.06. The fair value is estimated to be €2.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 32% in a year. Earnings are forecast to decline by 8.3% in the next year.
공고 • Mar 19Journey Energy Inc., Annual General Meeting, May 23, 2024Journey Energy Inc., Annual General Meeting, May 23, 2024.
Reported Earnings • Mar 13Full year 2023 earnings released: EPS: CA$0.26 (vs CA$2.95 in FY 2022)Full year 2023 results: EPS: CA$0.26 (down from CA$2.95 in FY 2022). Revenue: CA$186.9m (down 6.5% from FY 2022). Net income: CA$15.8m (down 90% from FY 2022). Profit margin: 8.5% (down from 78% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to decline by 43% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Dec 22Journey Energy Inc. Provides Operating Guidance for the Year 2024Journey Energy Inc. provided operating guidance for the year 2024. For the year, the company expects Annual average daily sales volumes in the range of 11,500–12,000 boe/d (55%crude oil & NGL's).
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: CA$0.13 (vs CA$0.29 in 3Q 2022)Third quarter 2023 results: EPS: CA$0.13 (down from CA$0.29 in 3Q 2022). Revenue: CA$47.8m (up 3.2% from 3Q 2022). Net income: CA$7.71m (down 50% from 3Q 2022). Profit margin: 16% (down from 33% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 225% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 60% Last year net profit margin: 86% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 77% per year for the foreseeable future. High level of non-cash earnings (46% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (60% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding).
Reported Earnings • Aug 09Second quarter 2023 earnings released: CA$0.03 loss per share (vs CA$0.54 profit in 2Q 2022)Second quarter 2023 results: CA$0.03 loss per share (down from CA$0.54 profit in 2Q 2022). Revenue: CA$44.6m (down 21% from 2Q 2022). Net loss: CA$1.77m (down 106% from profit in 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has increased by 217% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.08, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 1,469% over the past three years.
공고 • May 11Journey Energy Inc. Provides Operating Guidance for the Year 2023Journey Energy Inc. provided operating guidance for the year 2023. For the year, the company expects annual average daily sales volumes of 12,500 boe/d to 13,000 boe/d (54% crude oil & NGL's).
Reported Earnings • May 11Full year 2022 earnings released: EPS: CA$2.95 (vs CA$2.18 in FY 2021)Full year 2022 results: EPS: CA$2.95 (up from CA$2.18 in FY 2021). Revenue: CA$200.0m (up 74% from FY 2021). Net income: CA$155.2m (up 57% from FY 2021). Profit margin: 78% (down from 86% in FY 2021). The decrease in margin was driven by higher expenses. Oil sales price Average sales price/bbl (hedged): US$105 Gas sales price Average sales price/mcf (hedged): US$5.38 LNG sales price Average sales price/bbl (hedged): US$64.69 Combined production and costs Oil equivalent production: 3.569 MMboe (2.921 MMboe in FY 2021) Average production cost/Boe: US$20.27 (US$16.45/Boe in FY 2021) Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has increased by 142% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • May 10High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Jenna Kaye was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €4.38, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 3,776% over the past three years.
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: CA$2.95 (vs CA$2.18 in FY 2021)Full year 2022 results: EPS: CA$2.95 (up from CA$2.18 in FY 2021). Revenue: CA$200.0m (up 74% from FY 2021). Net income: CA$155.2m (up 57% from FY 2021). Profit margin: 78% (down from 86% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 70% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 8.0%. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has increased by 176% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.04, the stock trades at a trailing P/E ratio of 5.6x. Average forward P/E is 5x in the Oil and Gas industry in Germany. Total returns to shareholders of 573% over the past three years.
공고 • Jan 19Journey Energy Inc. Provides Operating Guidance for the First Half of 2023Journey Energy Inc. provided operating guidance for the first half of 2023. For the period, the company expected annual average daily sales volumes of 13,000 boe/d – 13,500 boe/d (54% crude oil and NGL).
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €3.50, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 12x in the Oil and Gas industry in Germany. Total returns to shareholders of 207% over the past three years.
Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: CA$0.29 (vs CA$2.02 in 3Q 2021)Third quarter 2022 results: EPS: CA$0.29 (down from CA$2.02 in 3Q 2021). Revenue: CA$46.3m (up 46% from 3Q 2021). Net income: CA$15.5m (down 83% from 3Q 2021). Profit margin: 33% (down from 291% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to €3.96, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 13x in the Oil and Gas industry in Germany. Total returns to shareholders of 164% over the past three years.
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 25% share price gain to €4.62, the stock trades at a trailing P/E ratio of 2.5x. Average forward P/E is 4x in the Oil and Gas industry in Germany. Total returns to shareholders of 220% over the past three years.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: CA$0.54 (vs CA$0.008 loss in 2Q 2021)Second quarter 2022 results: EPS: CA$0.54 (up from CA$0.008 loss in 2Q 2021). Revenue: CA$56.2m (up 121% from 2Q 2021). Net income: CA$28.2m (up CA$28.6m from 2Q 2021). Profit margin: 50% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €3.08, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 5x in the Oil and Gas industry in Germany. Total returns to shareholders of 82% over the past three years.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €4.76, the stock trades at a trailing P/E ratio of 3.2x. Average forward P/E is 5x in the Oil and Gas industry in Germany. Total returns to shareholders of 187% over the past three years.
Board Change • Jun 02High number of new directorsDirector Scott Treadwell was the last director to join the board, commencing their role in 2022.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 26% share price gain to €4.60, the stock trades at a trailing P/E ratio of 3x. Average forward P/E is 6x in the Oil and Gas industry in Germany. Total returns to shareholders of 159% over the past three years.
Recent Insider Transactions • May 15Insider recently sold €137k worth of stockOn the 13th of May, Ryan Yates sold around 35k shares on-market at roughly €3.91 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €231k more than they bought in the last 12 months.
Reported Earnings • May 11First quarter 2022 earnings released: EPS: CA$0.28 (vs CA$0.039 in 1Q 2021)First quarter 2022 results: EPS: CA$0.28 (up from CA$0.039 in 1Q 2021). Revenue: CA$39.7m (up 70% from 1Q 2021). Net income: CA$13.8m (up CA$12.1m from 1Q 2021). Profit margin: 35% (up from 7.3% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Mar 23CFO & Corporate Secretary recently bought €72k worth of stockOn the 18th of March, Gerald Gilewicz bought around 24k shares on-market at roughly €3.04 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Gerald has been a net seller over the last 12 months, reducing personal holdings by €51k.
Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CA$2.18 (up from CA$1.31 loss in FY 2020). Revenue: CA$115.2m (up 80% from FY 2020). Net income: CA$99.1m (up CA$155.8m from FY 2020). Profit margin: 86% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Oil sales price Average sales price/bbl (hedged): US$70.57 Gas sales price Average sales price/mcf (hedged): US$3.59 LNG sales price Average sales price/bbl (hedged): US$45.20 Combined production and costs Oil equivalent production: 2.921 MMboe (3.058 MMboe in FY 2020) Average production cost/Boe: US$16.45 (US$12.48/Boe in FY 2020) Revenue was in line with analyst estimates. 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 43% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improved over the past weekAfter last week's 32% share price gain to €3.68, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 7x in the Oil and Gas industry in Germany. Total returns to shareholders of 199% over the past three years.
Recent Insider Transactions • Jan 07Insider recently sold €90k worth of stockOn the 5th of January, Brett Boklaschuk sold around 43k shares on-market at roughly €2.12 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €60k more than they bought in the last 12 months.
Recent Insider Transactions • Dec 10Insider recently sold €67k worth of stockOn the 8th of December, Brett Boklaschuk sold around 40k shares on-market at roughly €1.68 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €65k more than they sold in the last 12 months.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS CA$2.02 (vs CA$0.19 loss in 3Q 2020)Third quarter 2021 results: Revenue: CA$31.7m (up 80% from 3Q 2020). Net income: CA$92.2m (up CA$100.3m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.12, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Oil and Gas industry in Europe. Total loss to shareholders of 26% over the past three years.
공고 • Aug 20Journey Energy Inc. (TSX:JOY) completed the acquisition of Briko Energy Corp.Journey Energy Inc. (TSX:JOY) entered into an agreement to acquire Briko Energy Corp for CAD 7 million on June 23, 2021. Under the term, the shareholder of Briko can elect to receive CAD 2.9 million of cash or 3.5 million common shares of Journey on the basis of CAD 0.26 in cash and 0.31 Journey Shares for each common share of Briko held. The transaction is subject to the approval of at least 66 2/3% of Briko Shareholders voting at an annual and special meeting scheduled to be held on August 12, 2021, the receipt of court approval, Briko Shareholders holding not more than 5% of the outstanding Briko Shares shall have exercised Dissent Rights in respect of the Arrangement, the Journey Shares to be issued to the Briko Shareholders (other than Dissenting Shareholders) pursuant to the Arrangement are conditionally approved for listing on the TSX and other customary closing conditions. The board of directors of Briko has unanimously approved the transaction. The Briko board of directors has resolved to recommend that Briko shareholders vote their common shares in favor of the transaction. All the directors and officers of Briko, holding approximately 8.4% of the outstanding common shares of Briko, have entered into support agreements to vote their Briko common shares in favour of the transaction. In the event the transaction is not completed or is terminated by either party in certain circumstances, non-completion fees of CAD 0.375 million will be paid. The transaction is expected to close on or about August 18, 2021. Sayer Energy Advisors acted as a financial advisor to Briko and also provided fairness opinion. Computershare Investor Services Inc. served as Depository to Briko. Louise Lee of Borden Ladner Gervais LLP served as legal advisor to Briko. Brad Squibb of McCarthy Tétrault LLP served as legal advisor to Journey Energy Journey Energy Inc. (TSX:JOY) completed the acquisition of Briko Energy Corp on August 18, 2021.The shareholders of Briko Energy voted in favor of the Journey acquisition with 92% of the votes cast approving the deal.
Reported Earnings • Aug 12Second quarter 2021 earnings released: CA$0.008 loss per share (vs CA$0.36 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$25.4m (up 129% from 2Q 2020). Net loss: CA$353.0k (loss narrowed 98% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공고 • Jun 25+ 1 more updateJourney Energy Inc. (TSX:JOY) entered into an agreement to acquire Briko Energy Corp for CAD 7 million.Journey Energy Inc. (TSX:JOY) entered into an agreement to acquire Briko Energy Corp for CAD 7 million on June 24, 2021. Under the term, the shareholder of Briko can elect to receive CAD 2.9 million of cash or 3.5 million common shares of Journey on the basis of CAD 0.26 in cash and 0.31 Journey Shares for each common share of Briko held. The transaction is subject to the approval of at least 66 2/3% of Briko Shareholders voting at an annual and special meeting scheduled to be held on August 12, 2021, the receipt of court approval and other customary closing conditions. The board of directors of Briko has unanimously approved the transaction. The Briko board of directors has resolved to recommend that Briko shareholders vote their common shares in favor of the transaction. All the directors and officers of Briko, holding approximately 8.4% of the outstanding common shares of Briko, have entered into support agreements to vote their Briko common shares in favour of the transaction. In the event the transaction is not completed or is terminated by either party in certain circumstances, non-completion fees of CAD 0.375 million will be paid. The transaction is expected to close on or about August 18, 2021. Sayer Energy Advisors acted as a financial advisor to Briko.
Executive Departure • Jun 01Independent Director has left the companyOn the 26th of May, Ryan Shay's tenure as Independent Director ended after 4.0 years in the role. As of March 2021, Ryan personally held only 212.51k shares (€12k worth at the time). A total of 3 executives have left over the last 12 months.
Executive Departure • Jun 01Independent Chairman Howard Crone has left the companyOn the 26th of May, Howard Crone's tenure in the role of Independent Chairman ended. As of March 2021, Howard personally held only 471.70k shares (€28k worth at the time). A total of 3 executives have left over the last 12 months.
Reported Earnings • May 09First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$23.4m (up 42% from 1Q 2020). Net income: CA$1.70m (up CA$67.1m from 1Q 2020). Profit margin: 7.3% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
공고 • May 08Journey Energy Inc. Provides Production Guidance for the Fiscal Year 2021Journey Energy Inc. provided production guidance for the fiscal year 2021. For the year, the company expects annual average production in range of 7,300 - 7,600 boe/d (46% crude oil and NGL).
Reported Earnings • Mar 11Full year 2020 earnings released: CA$1.31 loss per share (vs CA$0.78 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CA$64.0m (down 35% from FY 2019). Net loss: CA$56.6m (loss widened 81% from FY 2019). Oil sales price Average sales price/bbl (hedged): US$44.96 Gas sales price Average sales price/mcf (hedged): US$1.91 LNG sales price Average sales price/bbl (hedged): US$18.75 Combined production and costs Oil equivalent production: 3.058 MMboe (3.421 MMboe in FY 2019) Average production cost/Boe: US$12.48 (US$14.23/Boe in FY 2019) Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Mar 10New 90-day high: €0.30The company is up 75% from its price of €0.17 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 1.0% over the same period.
Is New 90 Day High Low • Feb 04New 90-day high: €0.27The company is up 259% from its price of €0.074 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 62% over the same period.
Reported Earnings • Nov 17Third quarter 2020 earnings released: CA$0.19 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: CA$17.7m (down 25% from 3Q 2019). Net loss: CA$8.04m (loss widened 14% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings.
공고 • Nov 04An unknown buyer entered into agreement to acquire Non-Core Asset of Journey Energy Inc. in Telfordville, AlbertaAn unknown buyer entered into agreement to acquire Non-Core Asset of Journey Energy Inc. in Telfordville, Alberta on November 2, 2020. In a related transaction an unknown buyer entered into agreement to acquire Assets of Journey Energy Inc. in Countess Area. Total proceeds from these asset sales of approximately $15 million before closing adjustments. Closing of both asset sales is expected to occur on or before December 15, 2020. The proceeds will be used to retire indebtedness associated with new term loans.
공고 • Nov 03An Unknown buyer entered into agreement to acquire Assets in Countess Area of Journey Energy Inc.An Unknown buyer entered into agreement to acquire Assets in Countess Area of Journey Energy Inc. on November 2, 2020. The assets in both its Countess area, also producing assets in its Telfordville area. Total proceeds from these asset sales of approximately $15 million before closing adjustments.
