Calima Energy (CHIA:CE1) - Stock Price, News & Analysis

CE1 Stock Overview

Calima Energy Limited, a production-focused energy company, explores for and develops oil and natural gas assets in the Western Canadian Sedimentary Basin.

About the company

CE1 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 80.8% below our estimate of its fair value

Risk Analysis

Makes less than USD$1m in revenue (A$1M)

Earnings have declined by 1.8% per year over past 5 years

Does not have a meaningful market cap (A$76M)

Shareholders have been diluted in the past year

Calima Energy Limited Competitors

Cue Energy Resources

ASX:CUE

AU$76.8m

Byron Energy

ASX:BYE

AU$68.7m

ADX Energy

ASX:ADX

AU$50.5m

Brookside Energy

ASX:BRK

AU$66.7m

Price History & Performance

Summary of all time highs, changes and price drops for Calima Energy
Historical stock prices
Current Share Price	AU$0.12
52 Week High	AU$0.13
52 Week Low	AU$0.062
Beta	1.8
1 Month Change	0%
3 Month Change	11.36%
1 Year Change	6.52%
3 Year Change	-12.50%
5 Year Change	-79.58%
Change since IPO	-92.44%

Recent updates

Shareholder Returns

	CE1	AU Oil and Gas	AU Market
7D	0%	-3.3%	-0.06%
1Y	6.5%	-2.6%	4.3%

Return vs Industry: CE1 exceeded the Australian Oil and Gas industry which returned -2.6% over the past year.

Return vs Market: CE1 exceeded the Australian Market which returned 4.3% over the past year.

Price Volatility

Is CE1's price volatile compared to industry and market?
CE1 volatility
CE1 Average Weekly Movement	3.7%
Oil and Gas Industry Average Movement	10.3%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.7%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: CE1 has not had significant price volatility in the past 3 months.

Volatility Over Time: CE1's weekly volatility has decreased from 12% to 4% over the past year.

About the Company

Founded	Employees	CEO	Website
2005	n/a	Karl DeMong	www.calimaenergy.com

Calima Energy Limited, a production-focused energy company, explores for and develops oil and natural gas assets in the Western Canadian Sedimentary Basin. The company develops oil and natural gas plays at Brooks and Thorsby in southern and central Alberta. It also owns an undeveloped Montney acreage position in northeastern British Columbia.

Calima Energy Limited Fundamentals Summary

How do Calima Energy's earnings and revenue compare to its market cap?
CE1 fundamental statistics
Market cap	AU$75.97m
Earnings (TTM)	-AU$2.77m
Revenue (TTM)	AU$1.05m

75.2x

P/S Ratio

-28.6x

P/E Ratio

Is CE1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CE1 income statement (TTM)
Revenue	AU$1.05m
Cost of Revenue	AU$300.00k
Gross Profit	AU$752.00k
Other Expenses	AU$3.52m
Earnings	-AU$2.77m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0044
Gross Margin	71.48%
Net Profit Margin	-263.21%
Debt/Equity Ratio	0%

How did CE1 perform over the long term?

See historical performance and comparison

CE1 Stock Overview

Rewards

Risk Analysis

Calima Energy Limited Competitors

ASX:CUE

AU$76.8m

ASX:BYE

AU$68.7m

ASX:ADX

AU$50.5m

ASX:BRK

AU$66.7m

Price History & Performance

Recent News & Updates

New major risk - Revenue and earnings growth

Calima Energy Limited, Annual General Meeting, May 24, 2024

Full year 2023 earnings released

New minor risk - Financial data availability

Astara Energy Corp. completed the acquisition of Blackspur Oil Corp. from Calima Energy Limited (ASX:CE1).

Executive Chairman recently bought AU$110k worth of stock

Recent updates

New major risk - Revenue and earnings growth

Calima Energy Limited, Annual General Meeting, May 24, 2024

Full year 2023 earnings released

New minor risk - Financial data availability

Astara Energy Corp. completed the acquisition of Blackspur Oil Corp. from Calima Energy Limited (ASX:CE1).

Executive Chairman recently bought AU$110k worth of stock

Now 20% undervalued

Astara Energy Corp. entered into an agreement to acquire 100% stake in Blackspur Oil Corp. from Calima Energy Limited (ASX:CE1) for a cash consideration of CAD 75 million prior to customary completion adjustments for net debt.

First half 2023 earnings released: EPS: AU$0.003 (vs AU$0.022 in 1H 2022)

Executive Chairman recently bought AU$95k worth of stock

Executive Chairman recently bought AU$95k worth of stock

Advantage Energy Ltd. (TSX:AAV) acquired Tommy Lakes facilities and Montney acreage from Calima Energy Limited (ASX:CE1) for AUD 11.8 million.

Advantage Energy Ltd. (TSX:AAV) acquired Tommy Lakes facilities and Montney acreage from Calima Energy Limited (ASX:CE1) for AUD 11.8 million.

Calima Energy Limited Provides Production Guidance for the Full Year 2023

Now 24% undervalued after recent price drop

New minor risk - Shareholder dilution

No independent directors

Full year 2022 earnings released: EPS: AU$0.038 (vs AU$0.084 loss in FY 2021)

Calima Energy Limited Provides Preliminary Results on the Calima #2 and Calima #3 Test Program

Calima Energy Limited Announces Montney Test Program Update

Calima Energy Limited Announces Liquid Rich Montney Test Program to Commence

Calima Energy Limited Announces Pisces #6 & #7 Wells Complete and Tie in and Are Both on Production

Calima Energy Limited Confirm That Its Five Well (4.5 Net) Drilling Campaign At Brooks Is Nearing Completion

No independent directors

Calima Energy Limited Commences 5 Well drilling Program At Brooks

Calima Energy Limited Commences 5 Well Driling Program At Brooks

Calima Energy Limited Appoints Jerry Lam as New Chief Financial Officer

First half 2022 earnings released: EPS: AU$0.02 (vs AU$0.04 in 1H 2021)

Now 21% undervalued after recent price drop

Calima Energy Limited Confirms Q2/Q3 Drilling and Completion Operations Update

Executive Chairman recently bought AU$83k worth of stock

Executive Chairman recently bought AU$81k worth of stock

Calima Energy Limited Announces 4 Well Drill Program and Renewed Credit Facility

Calima Energy Limited Intends to Commence a Half Yearly Dividend Program, Beginning the Second Half of 2022

Calima Energy Limited Provides Production and Revenue Guidance for the Nine Months Period Ending September 30, 2022

Calima Energy Limited, Annual General Meeting, May 31, 2022

No independent directors

Executive Chairman recently bought AU$54k worth of stock

Calima Energy Limited Announces Board Changes

Full year 2021 earnings released: AU$0.08 loss per share (vs AU$0.059 loss in FY 2020)

Calima Energy Limited Reports Brooks Pisces 3 Fracture Stimulation Completed

Executive Chairman recently bought AU$250k worth of stock

Calima Energy Limited Provides Production Update

Calima Energy Announces Drilling Update

Calima Energy Provides Drilling Update

Calima Energy Limited Announces the Continuation of Its 2022 Oil and Gas Drilling Campaign in the Brooks Area, by the Addition of Two Sunburst Horizontal Wells

Calima Energy Limited Confirms That the Pisces #3 Glauconitic Well At Brooks Has Reached Td and the Rig Has Been Released

Calima Energy Limited Announces Commencement of its Initial 2022 Oil and Gas Drilling Campaign in Brooks Area

Calima Energy Announces Commencement of 2 Well Horizontal Glauconitic Drilling Campaign at its Core Brooks Area

Calima Energy Limited Announces Thorsby Drilling Update Leo 3 Finished Drilling

First half 2021 earnings released: EPS AU$0.04 (vs AU$0.031 loss in 1H 2020)

Calima Energy Limited Announces Thorsby Drilling Update Leo 2 to Be Spudded

Calima Energy Limited Provides Update on Thorsby Sparky 3 Well Drilling

Calima Energy Limited Announces Multi Well Brooks Sunburst Drilling Campaign Update

Executive Chairman recently bought AU$154k worth of stock

Calima Energy Limited Announces Drilling Update Gemini 1 & 2 Sunburst Brooks

Calima Energy Limited Revises Production Guidance for the Eight Months to Year End December 2021

Calima Energy Limited Commences 3 Well Sunburst Drilling Campaign

Calima Energy Limited Provides Production Guidance for the Current Year 2021