TSX:CPI

Stock Analysis Report

Condor Petroleum

Executive Summary

Condor Petroleum Inc., through its subsidiaries, engages in the exploration, development, and production of oil and gas properties.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Risks

  • Condor Petroleum has significant price volatility in the past 3 months.
  • Condor Petroleum is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-18.2%

TSX:CPI

1.4%

CA Oil and Gas

1.0%

CA Market


1 Year Return

-57.1%

TSX:CPI

-22.3%

CA Oil and Gas

-5.0%

CA Market

CPI underperformed the Oil and Gas industry which returned -21.5% over the past year.

CPI underperformed the Market in Canada which returned -4.1% over the past year.


Share holder returns

CPIIndustryMarket
7 Day-18.2%1.4%1.0%
30 Day-32.5%-6.1%-2.8%
90 Day-38.6%-9.2%-1.7%
1 Year-57.1%-57.1%-18.9%-22.3%-1.7%-5.0%
3 Year-85.9%-85.9%-13.3%-21.9%14.7%4.4%
5 Year-96.1%-96.1%-35.0%-44.3%12.5%-3.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Condor Petroleum undervalued based on future cash flows and its price relative to the stock market?

0.19x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Condor Petroleum to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Condor Petroleum to establish if it is available at substantial discount.


Price Based on Earnings

Condor Petroleum is loss making, we can't compare its value to the CA Oil and Gas industry average.

Condor Petroleum is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Condor Petroleum, we can't assess if its growth is good value.


Price Based on Value of Assets

Condor Petroleum is good value based on assets compared to the CA Oil and Gas industry average.


Next Steps

Future Growth

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

-4.1%

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 Condor 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 Condor Petroleum performed over the past 5 years?

-16.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Condor Petroleum does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Condor Petroleum's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Condor Petroleum's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Condor Petroleum has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Condor Petroleum has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Condor Petroleum improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Condor Petroleum's financial position?


Financial Position Analysis

Condor Petroleum's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Condor Petroleum's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Condor Petroleum's level of debt (25.1%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Condor Petroleum's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.5x debt.


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.

Whilst loss making Condor Petroleum has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Condor Petroleum has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -66.9% per year.


Next Steps

Dividend

What is Condor Petroleum's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Condor Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Condor Petroleum's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Condor Petroleum has not reported any payouts.

Unable to verify if Condor Petroleum's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Condor Petroleum has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Condor Petroleum's salary, the management and board of directors tenure and is there insider trading?

8.9yrs

Average management tenure


CEO

Don Streu (87yo)

11.0yrs

Tenure

CA$445,903

Compensation

Mr. Donald V. Streu, also known as Don, has been the Chief Executive Officer and President at Condor Petroleum, Inc. since August 2008. Mr. Streu has 25 years experience in the oil and natural gas industry ...


CEO Compensation Analysis

Don's remuneration is higher than average for companies of similar size in Canada.

Don's compensation has increased whilst company is loss making.


Management Age and Tenure

8.9yrs

Average Tenure

65yo

Average Age

The average tenure for the Condor Petroleum management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

4.5yrs

Average Tenure

74yo

Average Age

The tenure for the Condor Petroleum board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellCA$6,67022 May 19
Robert Disbrow
EntityIndividual
Shares29,000
Max PriceCA$0.23
SellCA$2,53017 May 19
Robert Disbrow
EntityIndividual
Shares11,000
Max PriceCA$0.23
SellCA$57515 May 19
Robert Disbrow
EntityIndividual
Shares2,500
Max PriceCA$0.23
BuyCA$67,47229 Apr 19
William Hatcher
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares250,000
Max PriceCA$0.27
SellCA$44011 Apr 19
Robert Disbrow
EntityIndividual
Shares2,000
Max PriceCA$0.22
BuyCA$4,29008 Apr 19
Donald Streu
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares19,500
Max PriceCA$0.22
SellCA$8,36005 Apr 19
Robert Disbrow
EntityIndividual
Shares38,000
Max PriceCA$0.22
SellCA$6,22502 Apr 19
Robert Disbrow
EntityIndividual
Shares30,000
Max PriceCA$0.21
SellCA$4,20026 Mar 19
Robert Disbrow
EntityIndividual
Shares20,000
Max PriceCA$0.21
SellCA$16,20023 Jan 19
Robert Disbrow
EntityIndividual
Shares60,000
Max PriceCA$0.27
SellCA$2,17018 Jan 19
Robert Disbrow
EntityIndividual
Shares7,750
Max PriceCA$0.28
BuyCA$7502 Jan 19
Robert Disbrow
EntityIndividual
Shares500
Max PriceCA$0.15
BuyCA$47,36023 Oct 18
Robert Disbrow
EntityIndividual
Shares296,000
Max PriceCA$0.16
BuyCA$1,05022 Oct 18
Donald Streu
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares5,000
Max PriceCA$0.21
BuyCA$1,76030 Sep 18
Donald Streu
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares8,000
Max PriceCA$0.22

Ownership Breakdown


Management Team

  • Norman Storm (60yo)

    Managing Director of Kazakhstan

    • Tenure: 0.0yrs
  • Don Streu (87yo)

    CEO, President & Director

    • Tenure: 11.0yrs
    • Compensation: CA$445.90k
  • Blair Anderson (65yo)

    Vice President of Corporate Development

    • Tenure: 3.3yrs
  • Sandy Quilty

    CFO, VP of Finance & Corporate Secretary

    • Tenure: 11.9yrs
    • Compensation: CA$380.49k
  • William Hatcher

    Chief Operating Officer

    • Tenure: 6.8yrs
    • Compensation: CA$476.59k

Board Members

  • Werner Zoellner

    Independent Director

    • Tenure: 8.4yrs
    • Compensation: CA$43.50k
  • Don Streu (87yo)

    CEO, President & Director

    • Tenure: 11.0yrs
    • Compensation: CA$445.90k
  • Dennis Balderston (74yo)

    Chairman of the Board

    • Tenure: 0.6yrs
    • Compensation: CA$51.00k
  • Andrew Judson (51yo)

    Independent Director

    • Tenure: 0.6yrs

Company Information

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


Key Information

  • Name: Condor Petroleum Inc.
  • Ticker: CPI
  • Exchange: TSX
  • Founded: 2006
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$5.962m
  • Shares outstanding: 44.17m
  • Website: https://www.condorpetroleum.com

Number of Employees


Location

  • Condor Petroleum Inc.
  • 144 – 4th Avenue SW
  • Suite 2400
  • Calgary
  • Alberta
  • T2P 3N4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CPITSX (The Toronto Stock Exchange)YesCommon SharesCACADApr 2011
1CN1DB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2011
CNPR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2011

Biography

Condor Petroleum Inc., through its subsidiaries, engages in the exploration, development, and production of oil and gas properties. It owns 100% interests in the Poyraz Ridge and Destan operating licenses  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 00:16
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.