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Pipestone Energy TSX:PIPE Stock Report

Last Price

CA$1.94

Market Cap

CA$559.4m

7D

-13.4%

1Y

-55.7%

Updated

05 Oct, 2023

Data

Company Financials

PIPE Stock Overview

Pipestone Energy Corp. engages in the exploration, development, and production of oil, natural gas liquids, and natural gas in Western Canada. More details

PIPE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Pipestone Energy Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Pipestone Energy
Historical stock prices
Current Share PriceCA$1.94
52 Week HighCA$4.60
52 Week LowCA$1.86
Beta2.34
1 Month Change-18.83%
3 Month Change-16.74%
1 Year Change-55.71%
3 Year Change223.33%
5 Year Changen/a
Change since IPO-19.17%

Recent News & Updates

Recent updates

Why We Like The Returns At Pipestone Energy (TSE:PIPE)

May 03
Why We Like The Returns At Pipestone Energy (TSE:PIPE)

Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?

Feb 19
Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?

Investors Shouldn't Overlook Pipestone Energy's (TSE:PIPE) Impressive Returns On Capital

Jan 13
Investors Shouldn't Overlook Pipestone Energy's (TSE:PIPE) Impressive Returns On Capital

We Ran A Stock Scan For Earnings Growth And Pipestone Energy (TSE:PIPE) Passed With Ease

Dec 09
We Ran A Stock Scan For Earnings Growth And Pipestone Energy (TSE:PIPE) Passed With Ease

Pipestone Energy (TSE:PIPE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 16
Pipestone Energy (TSE:PIPE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?

Oct 17
Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?

The Trend Of High Returns At Pipestone Energy (TSE:PIPE) Has Us Very Interested

Aug 12
The Trend Of High Returns At Pipestone Energy (TSE:PIPE) Has Us Very Interested

These 4 Measures Indicate That Pipestone Energy (TSE:PIPE) Is Using Debt Extensively

Jun 29
These 4 Measures Indicate That Pipestone Energy (TSE:PIPE) Is Using Debt Extensively

There's Been No Shortage Of Growth Recently For Pipestone Energy's (TSE:PIPE) Returns On Capital

Apr 22
There's Been No Shortage Of Growth Recently For Pipestone Energy's (TSE:PIPE) Returns On Capital

Pipestone Energy (TSE:PIPE) Is Experiencing Growth In Returns On Capital

Aug 19
Pipestone Energy (TSE:PIPE) Is Experiencing Growth In Returns On Capital

Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?

May 24
Is Pipestone Energy (TSE:PIPE) Using Too Much Debt?

Have Insiders Been Buying Pipestone Energy Corp. (TSE:PIPE) Shares This Year?

Feb 25
Have Insiders Been Buying Pipestone Energy Corp. (TSE:PIPE) Shares This Year?

Is Pipestone Energy (TSE:PIPE) Weighed On By Its Debt Load?

Jan 21
Is Pipestone Energy (TSE:PIPE) Weighed On By Its Debt Load?

What Kind Of Investors Own Most Of Pipestone Energy Corp. (CVE:PIPE)?

Dec 17
What Kind Of Investors Own Most Of Pipestone Energy Corp. (CVE:PIPE)?

Shareholder Returns

PIPECA Oil and GasCA Market
7D-13.4%-3.5%-2.6%
1Y-55.7%11.2%15.2%

Return vs Industry: PIPE underperformed the Canadian Oil and Gas industry which returned -3.1% over the past year.

Return vs Market: PIPE underperformed the Canadian Market which returned -0.8% over the past year.

Price Volatility

Is PIPE's price volatile compared to industry and market?
PIPE volatility
PIPE Average Weekly Movement7.6%
Oil and Gas Industry Average Movement6.3%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
201927Dustin Hoffmanpipestonecorp.com

Pipestone Energy Corp. engages in the exploration, development, and production of oil, natural gas liquids, and natural gas in Western Canada. It offers natural gas liquids comprising condensate, pentane, butane, propane, and ethane. The company focuses on the Montney asset that covers an area of 90,029 net acres located to southwest of Grande Prairie in Northwest Alberta.

Pipestone Energy Corp. Fundamentals Summary

How do Pipestone Energy's earnings and revenue compare to its market cap?
PIPE fundamental statistics
Market capCA$559.42m
Earnings (TTM)CA$157.09m
Revenue (TTM)CA$560.83m

3.5x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PIPE income statement (TTM)
RevenueCA$560.83m
Cost of RevenueCA$206.49m
Gross ProfitCA$354.35m
Other ExpensesCA$197.25m
EarningsCA$157.09m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.56
Gross Margin63.18%
Net Profit Margin28.01%
Debt/Equity Ratio19.0%

How did PIPE perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

10%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/05 02:58
End of Day Share Price 2023/10/04 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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

Pipestone Energy Corp. is covered by 7 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Randy OllenbergerBMO Capital Markets Equity Research
Garett UrsuCormark Securities Inc.
Todd KeplerLaurentian Bank Securities, Inc.