TSX:BKX

Stock Analysis Report

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Executive Summary

BNK Petroleum Inc. engages in the exploration, development, production, and marketing of oil and gas. More Details


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has BNK Petroleum's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BKX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-9.1%

BKX

-1.8%

CA Oil and Gas

-0.4%

CA Market


1 Year Return

-50.0%

BKX

-33.2%

CA Oil and Gas

-3.8%

CA Market

Return vs Industry: BKX underperformed the Canadian Oil and Gas industry which returned -33.2% over the past year.

Return vs Market: BKX underperformed the Canadian Market which returned -3.8% over the past year.


Shareholder returns

BKXIndustryMarket
7 Day-9.1%-1.8%-0.4%
30 Day-16.7%-5.1%0.9%
90 Day-44.4%-11.1%2.1%
1 Year-50.0%-50.0%-29.5%-33.2%-0.3%-3.8%
3 Year-86.1%-86.1%-34.9%-43.0%7.5%-3.0%
5 Year-87.3%-87.3%-29.9%-42.1%34.6%13.9%

Price Volatility Vs. Market

How volatile is BNK Petroleum's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BNK Petroleum undervalued compared to its fair value and its price relative to the market?

0.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BKX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BKX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BKX is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.

PE vs Market: BKX is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BKX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BKX is good value based on its PB Ratio (0.2x) compared to the CA Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is BNK Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

41.2%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BNK Petroleum has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has BNK Petroleum performed over the past 5 years?

-0.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BKX is currently unprofitable.

Growing Profit Margin: BKX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BKX is unprofitable, and losses have increased over the past 5 years at a rate of 0.3% per year.

Accelerating Growth: Unable to compare BKX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BKX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.9%).


Return on Equity

High ROE: BKX has a negative Return on Equity (-120.24%), as it is currently unprofitable.


Next Steps

Financial Health

How is BNK Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: BKX's short term assets ($5.3M) do not cover its short term liabilities ($7.0M).

Long Term Liabilities: BKX's short term assets ($5.3M) do not cover its long term liabilities ($22.2M).


Debt to Equity History and Analysis

Debt Level: BKX's debt to equity ratio (40.1%) is considered high.

Reducing Debt: BKX's debt to equity ratio has increased from 19.2% to 40.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable BKX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BKX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 59.8% per year.


Next Steps

Dividend

What is BNK Petroleum current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BKX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BKX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BKX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BKX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BKX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.8yrs

Average board tenure


CEO

Wolf Regener (55 yo)

12.42yrs

Tenure

US$387,400

Compensation

Mr. Wolf E. Regener serves as Chief Executive Officer and President at Bankers Petroleum Inc since May 27, 2008. Mr. Regener serves as President of BNK Inc. He has been the President of R&R Resources, LLC ...


CEO Compensation Analysis

Compensation vs Market: Wolf's total compensation ($USD387.40K) is above average for companies of similar size in the Canadian market ($USD170.66K).

Compensation vs Earnings: Wolf's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Wolf Regener
President12.42yrsUS$387.40k1.01%
$ 117.9k
Wesley Clark
Independent Director11.25yrsUS$3.80k0.25%
$ 29.3k
Victor Redekop
Independent Director12.33yrsUS$8.30k1.97%
$ 229.0k
Ford Nicholson
Independent Chairman of the Boardno dataUS$24.80k2.71%
$ 315.7k
Eric Brown
Independent Director12.33yrsUS$27.10k0.18%
$ 20.6k
Leslie O'Connor
Independent Director6.5yrsUS$3.80k0.011%
$ 1.2k
David Neuhauser
Independent Director3.92yrsUS$27.10kno data

10.8yrs

Average Tenure

73yo

Average Age

Experienced Board: BKX's board of directors are seasoned and experienced ( 10.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BNK Petroleum Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BNK Petroleum Inc.
  • Ticker: BKX
  • Exchange: TSX
  • Founded: 2008
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$11.646m
  • Shares outstanding: 232.92m
  • Website: https://www.bnkpetroleum.com

Number of Employees


Location

  • BNK Petroleum Inc.
  • 760 Paseo Camarillo
  • Suite 350
  • Camarillo
  • California
  • 93010
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKXTSX (The Toronto Stock Exchange)YesCommon SharesCACADJul 2008
B12DB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2008
BNKP.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2008

Biography

BNK Petroleum Inc. engages in the exploration, development, production, and marketing of oil and gas. The company produces crude oil, natural gas, and natural gas liquids. It primarily holds an interest in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 00:36
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.