Bonavista Energy Corporation acquires, develops, and holds interests in natural gas, natural gas liquids, and oil properties and assets in Western Canada. More Details
Fair value with imperfect balance sheet.
Share Price & News
How has Bonavista Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BNP's share price has been volatile over the past 3 months.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: BNP underperformed the Canadian Oil and Gas industry which returned -17.9% over the past year.
Return vs Market: BNP underperformed the Canadian Market which returned -2.2% over the past year.
Price Volatility Vs. Market
How volatile is Bonavista Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StNews Flash: 3 Analysts Think Bonavista Energy Corporation (TSE:BNP) Earnings Are Under Threat
10 months ago | Simply Wall StDo Insiders Own Shares In Bonavista Energy Corporation (TSE:BNP)?
1 year ago | Simply Wall StAre Investors Undervaluing Bonavista Energy Corporation (TSE:BNP) By 48%?
Is Bonavista Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BNP (CA$0.05) is trading below our estimate of fair value (CA$0.32)
Significantly Below Fair Value: BNP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BNP is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.
PE vs Market: BNP 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 BNP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BNP is good value based on its PB Ratio (0x) compared to the CA Oil and Gas industry average (0.9x).
How is Bonavista Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Bonavista Energy 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.
- Examine whether Bonavista Energy is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Bonavista Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Bonavista Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BNP is currently unprofitable.
Growing Profit Margin: BNP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BNP is unprofitable, but has reduced losses over the past 5 years at a rate of 0.5% per year.
Accelerating Growth: Unable to compare BNP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BNP is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-52%).
Return on Equity
High ROE: BNP has a negative Return on Equity (-122.64%), as it is currently unprofitable.
How is Bonavista Energy's financial position?
Financial Position Analysis
Short Term Liabilities: BNP's short term assets (CA$58.8M) do not cover its short term liabilities (CA$909.1M).
Long Term Liabilities: BNP's short term assets (CA$58.8M) do not cover its long term liabilities (CA$394.5M).
Debt to Equity History and Analysis
Debt Level: BNP's debt to equity ratio (119.4%) is considered high.
Reducing Debt: BNP's debt to equity ratio has increased from 53.5% to 119.4% over the past 5 years.
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 BNP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BNP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.2% per year.
What is Bonavista Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BNP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BNP'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 BNP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BNP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BNP is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BNP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jason Skehar (47 yo)
Mr. Jason Edward Skehar has been Director at Step Energy Services Ltd since June 22, 2012. He has been the Chief Executive Officer and President of Bonavista Energy Corporation (formerly, Bonavista Energy ...
CEO Compensation Analysis
Compensation vs Market: Jason's total compensation ($USD1.52M) is above average for companies of similar size in the Canadian market ($USD173.53K).
Compensation vs Earnings: Jason's compensation has increased whilst the company is unprofitable.
|VP of Finance & CFO||5.25yrs||CA$1.35m||0.24% |
|Chief Operating Officer||5.83yrs||CA$1.33m||0.24% |
|Vice President of Human Resources & Administration||14.58yrs||CA$879.95k||0.15% |
|Corporate Secretary||no data||no data||no data|
Experienced Management: BNP's management team is seasoned and experienced (6.8 years average tenure).
|Non-Executive Chairman of the Board||12.58yrs||CA$185.25k||3.37% |
|Independent Director||0.75yr||no data||0% |
|Independent Vice Chairman of the Board||12.17yrs||CA$184.55k||3.22% |
|Independent Director||16.25yrs||CA$158.19k||0.045% |
|Independent Lead Director||1yr||CA$150.75k||0.028% |
Experienced Board: BNP's board of directors are considered experienced (9.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BNP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bonavista Energy Corporation's company bio, employee growth, exchange listings and data sources
- Name: Bonavista Energy Corporation
- Ticker: BNP
- Exchange: TSX
- Founded: 1997
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$11.927m
- Shares outstanding: 265.05m
- Website: https://www.bonavistaenergy.com
Number of Employees
- Bonavista Energy Corporation
- 1500, 525 – 8th Avenue SW
- T2P 1G1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BNP||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Sep 1988|
|BV2||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1988|
Bonavista Energy Corporation acquires, develops, and holds interests in natural gas, natural gas liquids, and oil properties and assets in Western Canada. The company was founded in 1997 and is headquarter ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/17 06:52|
|End of Day Share Price||2020/08/13 00:00|
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.