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

CE1 Stock Overview

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 90.7% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (A$6M)

Shares are highly illiquid

Earnings have declined by 14.7% per year over past 5 years

Does not have meaningful revenue (A$2M)

Calima Energy Limited Competitors

Grand Gulf Energy

ASX:GGE

AU$8.6m

AXP Energy

ASX:AXP

AU$5.8m

Lion Energy

ASX:LIO

AU$9.2m

Bounty Oil & Gas

ASX:BUY

AU$8.2m

Price History & Performance

Summary of all time highs, changes and price drops for Calima Energy
Historical stock prices
Current Share Price	AU$0.009
52 Week High	AU$0.13
52 Week Low	AU$0.005
Beta	1.9
11 Month Change	0%
3 Month Change	-5.26%
1 Year Change	-90.00%
33 Year Change	-95.81%
5 Year Change	-95.00%
Change since IPO	-99.44%

Recent updates

Shareholder Returns

	CE1	AU Oil and Gas	AU Market
7D	0%	-1.3%	-1.1%
1Y	-90.0%	-17.8%	16.1%

Return vs Industry: CE1 underperformed the Australian Oil and Gas industry which returned -21.8% over the past year.

Return vs Market: CE1 underperformed the Australian Market which returned 16% over the past year.

Price Volatility

Is CE1's price volatile compared to industry and market?
CE1 volatility
CE1 Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	11.9%
Market Average Movement	8.7%
10% most volatile stocks in AU Market	17.7%
10% least volatile stocks in AU Market	3.6%

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

Volatility Over Time: Insufficient data to determine CE1's volatility change 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 holds 90% working interest in the Brooks asset which covers an approximately area of 69,000 acres located in Alberta. It also owns 100% working interest in the Thorsby asset which covers an approximately area of 62,800 acres located in Alberta.

Calima Energy Limited Fundamentals Summary

How do Calima Energy's earnings and revenue compare to its market cap?
CE1 fundamental statistics
Market cap	AU$5.57m
Earnings (TTM)	-AU$474.80k
Revenue (TTM)	AU$2.30m

2.4x

P/S Ratio

-11.7x

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$2.30m
Cost of Revenue	AU$300.00k
Gross Profit	AU$2.00m
Other Expenses	AU$2.48m
Earnings	-AU$474.80k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.00077
Gross Margin	86.96%
Net Profit Margin	-20.63%
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:GGE

AU$8.6m

ASX:AXP

AU$5.8m

ASX:LIO

AU$9.2m

ASX:BUY

AU$8.2m

Price History & Performance

Recent News & Updates

Aldon Oils Ltd. completed the acquisition of Calima Energy Inc from Calima Energy Limited (ASX:CE1).

Aldon Oils Ltd. agreed to acquire Calima Energy Inc from Calima Energy Limited (ASX:CE1) for AUD 1.3 million.

New major risk - Share price stability

Calima Energy Limited Announces Distribution, Payable on 21 June 2024

New major risk - Revenue and earnings growth

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

Recent updates

Aldon Oils Ltd. completed the acquisition of Calima Energy Inc from Calima Energy Limited (ASX:CE1).

Aldon Oils Ltd. agreed to acquire Calima Energy Inc from Calima Energy Limited (ASX:CE1) for AUD 1.3 million.

New major risk - Share price stability

Calima Energy Limited Announces Distribution, Payable on 21 June 2024

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