Storm Resources Ltd. operates as a crude oil and natural gas exploration and development company in Canada. More Details
Fair value with limited growth.
Share Price & News
How has Storm Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRX'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: SRX exceeded the Canadian Oil and Gas industry which returned -34.5% over the past year.
Return vs Market: SRX exceeded the Canadian Market which returned -4.3% over the past year.
Price Volatility Vs. Market
How volatile is Storm Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat We Learned About Storm Resources' (TSE:SRX) CEO Compensation
1 month ago | Simply Wall StHere's What Storm Resources Ltd.'s (TSE:SRX) Shareholder Ownership Structure Looks Like
4 months ago | Simply Wall StDoes Storm Resources Ltd.'s (TSE:SRX) CEO Pay Reflect Performance?
Is Storm Resources 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: SRX (CA$2.28) is trading below our estimate of fair value (CA$5.92)
Significantly Below Fair Value: SRX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SRX is poor value based on its PE Ratio (164.1x) compared to the CA Oil and Gas industry average (15.3x).
PE vs Market: SRX is poor value based on its PE Ratio (164.1x) compared to the Canadian market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SRX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SRX is good value based on its PB Ratio (0.7x) compared to the CA Oil and Gas industry average (0.8x).
How is Storm Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if SRX's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if SRX's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SRX's revenue (21.6% per year) is forecast to grow faster than the Canadian market (5.8% per year).
High Growth Revenue: SRX's revenue (21.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SRX's Return on Equity is forecast to be low in 3 years time (7.5%).
How has Storm Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRX has high quality earnings.
Growing Profit Margin: SRX's current net profit margins (1.2%) are lower than last year (20.1%).
Past Earnings Growth Analysis
Earnings Trend: SRX has become profitable over the past 5 years, growing earnings by 47% per year.
Accelerating Growth: SRX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SRX had negative earnings growth (-96%) over the past year, making it difficult to compare to the Oil and Gas industry average (-50.9%).
Return on Equity
High ROE: SRX's Return on Equity (0.4%) is considered low.
How is Storm Resources's financial position?
Financial Position Analysis
Short Term Liabilities: SRX's short term assets (CA$11.4M) do not cover its short term liabilities (CA$16.6M).
Long Term Liabilities: SRX's short term assets (CA$11.4M) do not cover its long term liabilities (CA$172.8M).
Debt to Equity History and Analysis
Debt Level: SRX's debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: SRX's debt to equity ratio has increased from 12.9% to 30.7% over the past 5 years.
Debt Coverage: SRX's debt is well covered by operating cash flow (43.6%).
Interest Coverage: SRX's interest payments on its debt are not well covered by EBIT (2.3x coverage).
What is Storm Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SRX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SRX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SRX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SRX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SRX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brian Lavergne (54 yo)
Mr. Brian Lavergne has been the President and Chief Executive Officer of Storm Resources Ltd. since June 8, 2010. Mr. Lavergne served as President and Chief Executive Officer of Storm Exploration Inc.(SEI) ...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD381.59K) is below average for companies of similar size in the Canadian market ($USD623.14K).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
|CFO & Corporate Secretary||3.42yrs||CA$472.30k||0.071% |
|Chief Operating Officer||10.17yrs||CA$540.86k||0.96% |
|Vice President of Geology||5.42yrs||CA$444.50k||0.54% |
|Vice President of Exploitation||5.42yrs||CA$500.40k||0.60% |
Experienced Management: SRX's management team is seasoned and experienced (5.4 years average tenure).
|Independent Director||10.33yrs||CA$66.20k||0.089% |
|Independent Director||10.33yrs||CA$68.15k||0.51% |
|Independent Director||10.33yrs||CA$69.60k||1.43% |
|Independent Director||10.33yrs||CA$66.70k||0.31% |
|Independent Director||10.33yrs||CA$73.26k||0.40% |
|Independent Chairman||10.17yrs||CA$85.55k||3.7% |
|Independent Director||10.33yrs||CA$77.58k||0.17% |
|Independent Director||2.25yrs||CA$67.20k||0.014% |
Experienced Board: SRX's board of directors are seasoned and experienced ( 10.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SRX 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.
Storm Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Storm Resources Ltd.
- Ticker: SRX
- Exchange: TSX
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$271.072m
- Shares outstanding: 121.56m
- Website: https://www.stormresourcesltd.com
Number of Employees
- Storm Resources Ltd.
- 215 – 2nd Street SW
- Suite 600
- T2P 1M4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SRX||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Aug 2010|
|SRML.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2010|
|64T||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2010|
Storm Resources Ltd. operates as a crude oil and natural gas exploration and development company in Canada. The company primarily owns interest in lands covering an area of 121,000 net acres in 172 net sec ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/24 00:47|
|End of Day Share Price||2020/10/23 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.