TSX:CPI

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Condor Petroleum

Executive Summary

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


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-5.6%

CPI

3.0%

CA Oil and Gas

2.4%

CA Market


1 Year Return

137.2%

CPI

-30.0%

CA Oil and Gas

-12.4%

CA Market

Return vs Industry: CPI exceeded the Canadian Oil and Gas industry which returned -30% over the past year.

Return vs Market: CPI exceeded the Canadian Market which returned -12.4% over the past year.


Shareholder returns

CPIIndustryMarket
7 Day-5.6%3.0%2.4%
30 Day2.0%-7.2%-0.9%
90 Day59.4%12.8%17.3%
1 Year137.2%137.2%-26.2%-30.0%-9.4%-12.4%
3 Year-37.8%-37.8%-25.3%-34.5%4.2%-5.7%
5 Year-70.9%-70.9%-30.0%-41.9%22.1%3.8%

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 compared to its fair value and its price relative to the market?

0.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: CPI 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 CPI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CPI is overvalued based on its PB Ratio (1x) compared to the CA Oil and Gas industry average (0.7x).


Next Steps

Future Growth

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

49.9%

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?

-5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CPI is currently unprofitable.

Growing Profit Margin: CPI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CPI is unprofitable, and losses have increased over the past 5 years at a rate of -5.6% per year.

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

Earnings vs Industry: CPI is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).


Return on Equity

High ROE: CPI has a negative Return on Equity (-58.26%), as it is currently unprofitable.


Next Steps

Financial Health

How is Condor Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: CPI's short term assets (CA$41.4M) exceed its short term liabilities (CA$33.7M).

Long Term Liabilities: CPI's short term assets (CA$41.4M) exceed its long term liabilities (CA$2.9M).


Debt to Equity History and Analysis

Debt Level: CPI is debt free.

Reducing Debt: CPI had no debt 5 years ago.


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: CPI has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: CPI has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 30.2% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate CPI'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 CPI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CPI'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 CPI'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?

5.4yrs

Average board tenure


CEO

Don Streu (88yo)

11.92yrs

Tenure

CA$399,683

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

Compensation vs Market: Don's total compensation ($USD294.46K) is above average for companies of similar size in the Canadian market ($USD173.28K).

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


Board Members

NamePositionTenureCompensationOwnership
Donald Streu
CEO, President & Director11.92yrsCA$399.68k0.55% CA$124.2k
Werner Zoellner
Independent Director9.33yrsCA$28.34kno data
Dennis Balderston
Independent Chairman of the Board1.5yrsCA$39.99kno data
Andrew Judson
Independent Director1.5yrsCA$44.00k1.77% CA$398.5k

5.4yrs

Average Tenure

75yo

Average Age

Experienced Board: CPI's board of directors are considered experienced (5.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CPI insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

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$22.524m
  • 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 and gas fields located in the Gallipoli Peninsula in western Turkey. The company was incorporated in 2006 and is headquartered in Calgary, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 00:01
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
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.