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i3 Energy TSX:ITE Stock Report

Last Price

CA$0.23

Market Cap

CA$276.6m

7D

2.2%

1Y

9.5%

Updated

04 Nov, 2024

Data

Company Financials +

i3 Energy Plc

TSX:ITE Stock Report

Market Cap: CA$276.6m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

ITE Stock Overview

A holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. More details

ITE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends3/6

Rewards

Price-To-Earnings ratio (12.2x) is below the Canadian market (14.9x)

Earnings are forecast to grow 51.13% per year

Risk Analysis

Large one-off items impacting financial results

Profit margins (9.6%) are lower than last year (20.9%)

Dividend of 8.04% is not well covered by earnings


My Notes

Capture your thoughts, links and company narrative

i3 Energy Plc Competitors

Lucero Energy

TSXV:LOU

CA$271.0m

Alvopetro Energy

TSXV:ALV

CA$187.9m

Petrus Resources

TSX:PRQ

CA$183.3m

InPlay Oil

TSX:IPO

CA$155.9m

Price History & Performance

Summary of share price highs, lows and changes for i3 Energy
Historical stock prices
Current Share PriceCA$0.23
52 Week HighCA$0.23
52 Week LowCA$0.14
Beta0.25
1 Month Change4.55%
3 Month Change39.39%
1 Year Change9.52%
3 Year Change12.20%
5 Year Changen/a
Change since IPO130.00%

Recent News & Updates

Recent updates

Shareholder Returns

ITECA Oil and GasCA Market
7D2.2%1.3%-0.5%
1Y9.5%15.1%15.6%

Return vs Industry: ITE matched the Canadian Oil and Gas industry which returned 8.8% over the past year.

Return vs Market: ITE underperformed the Canadian Market which returned 20.8% over the past year.

Price Volatility

Is ITE's price volatile compared to industry and market?
ITE volatility
ITE Average Weekly Movement7.6%
Oil and Gas Industry Average Movement6.3%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.0%

Stable Share Price: ITE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ITE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201461Majid Shafiqwww.i3.energy

i3 Energy Plc, a holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. The company holds the 13/23c and 13/23d blocks in Liberator field; and 75% interest in the 13/23c-10 well in the Serenity field. Its production asset base consists of approximately 850 net conventional oil, natural gas, and natural gas liquids production wells in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play, Canada.

i3 Energy Plc Fundamentals Summary

How do i3 Energy's earnings and revenue compare to its market cap?
ITE fundamental statistics
Market capCA$276.56m
Earnings (TTM)CA$22.67m
Revenue (TTM)CA$236.50m

12.2x

P/E Ratio

1.2x

P/S Ratio

Is ITE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ITE income statement (TTM)
RevenueUK£131.15m
Cost of RevenueUK£68.42m
Gross ProfitUK£62.73m
Other ExpensesUK£50.16m
EarningsUK£12.57m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.01
Gross Margin47.83%
Net Profit Margin9.59%
Debt/Equity Ratio0.1%

How did ITE perform over the long term?

See historical performance and comparison

Dividends

8.0%

Current Dividend Yield

98%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/11/04 02:31
End of Day Share Price 2024/11/01 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

i3 Energy Plc is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael MuellerCanaccord Genuity
David MirzaiSP Angel Corporate Finance LLP
Stephane Guy FoucaudStifel Canada