TSX:TEI

Stock Analysis Report

Toscana Energy Income

Executive Summary

Toscana Energy Income Corporation operates as a conventional oil and gas producer.


Snowflake Analysis

Fair value with questionable track record.

Share Price & News

How has Toscana Energy Income's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TEI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

TEI

3.8%

CA Oil and Gas

3.7%

CA Market


1 Year Return

-95.7%

TEI

-43.7%

CA Oil and Gas

-23.7%

CA Market

Return vs Industry: TEI underperformed the Canadian Oil and Gas industry which returned -44.8% over the past year.

Return vs Market: TEI underperformed the Canadian Market which returned -24.5% over the past year.


Shareholder returns

TEIIndustryMarket
7 Day0%3.8%3.7%
30 Day0%-36.5%-19.7%
90 Day0%-43.6%-24.3%
1 Year-95.7%-95.7%-40.8%-43.7%-21.2%-23.7%
3 Year-99.6%-99.6%-45.3%-51.7%-13.3%-21.4%
5 Year-99.9%-100.0%-46.8%-55.7%-0.8%-15.5%

Price Volatility Vs. Market

How volatile is Toscana Energy Income's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Toscana Energy Income undervalued compared to its fair value and its price relative to the market?

0.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: TEI is good value based on its PE Ratio (0.1x) compared to the Oil and Gas industry average (6x).

PE vs Market: TEI is good value based on its PE Ratio (0.1x) compared to the Canadian market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TEI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TEI is good value based on its PB Ratio (0.1x) compared to the CA Oil and Gas industry average (0.4x).


Next Steps

Future Growth

How is Toscana Energy Income forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-5.1%

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 Toscana Energy Income 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 Toscana Energy Income performed over the past 5 years?

-4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TEI has a large one-off gain of CA$14.2M impacting its September 30 2019 financial results.

Growing Profit Margin: TEI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TEI has become profitable over the past 5 years, growing earnings by -4.6% per year.

Accelerating Growth: TEI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TEI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-2.5%).


Return on Equity

High ROE: Whilst TEI's Return on Equity (25.61%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Toscana Energy Income's financial position?


Financial Position Analysis

Short Term Liabilities: TEI's short term assets (CA$1.6M) do not cover its short term liabilities (CA$33.4M).

Long Term Liabilities: TEI's short term assets (CA$1.6M) do not cover its long term liabilities (CA$23.3M).


Debt to Equity History and Analysis

Debt Level: TEI's debt to equity ratio (237.2%) is considered high.

Reducing Debt: TEI's debt to equity ratio has increased from 37.3% to 237.2% over the past 5 years.


Balance Sheet

Inventory Level: TEI has a high level of physical assets or inventory.

Debt Coverage by Assets: TEI's debt is not covered by short term assets (assets are 0.1x 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.

Stable Cash Runway: TEI is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: TEI is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Toscana Energy Income's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate TEI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TEI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TEI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TEI is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TEI'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?

0.6yrs

Average management tenure


CEO

Ryan J. Heath

0.58

Tenure

Mr. Ryan J. M. Heath serves as Chief Executive Director of Toscana Energy Income Corporation since August 27, 2019. Mr. Heath has been Vice President of Land and Business Development at Striker Exploration ...


Leadership Team

NamePositionTenureCompensationOwnership
Joseph Durante
Chairmanno dataCA$201.80k0.28% CA$2.1k
Anand Ramnath
CFO & Corporate Secretary4.67yrsCA$166.27k0.025% CA$181.0
Lew Hayes
Chief Operating Officerno dataCA$197.94k0.019% CA$135.0
Debra Waterhouse
Manager of Landno dataCA$152.25kno data
Ryan J. Heath
Chief Executive Officer0.58yrno datano data
Kenneth Pretty
Vice President of Business Developmentno dataCA$189.00kno data
Mark Hadley
Vice President of Exploration0.58yrno datano data

0.6yrs

Average Tenure

Experienced Management: TEI's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Joseph Durante
Chairmanno dataCA$201.80k0.28% CA$2.1k
John Festival
Independent Director10yrsCA$22.50k0.090% CA$652.1
Brian Krausert
Independent Director5.83yrsCA$30.50k0.046% CA$331.8
Stanley Smith
Independent Director1.67yrsCA$14.75k0.0069% CA$50.0

5.8yrs

Average Tenure

59yo

Average Age

Experienced Board: TEI's board of directors are considered experienced (5.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 748.4%.


Top Shareholders

Company Information

Toscana Energy Income Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Toscana Energy Income Corporation
  • Ticker: TEI
  • Exchange: TSX
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$725.642k
  • Shares outstanding: 145.13m
  • Website: https://www.toscanaenergy.ca

Number of Employees


Location

  • Toscana Energy Income Corporation
  • Bankers Hall West Tower
  • 46th floor
  • Calgary
  • Alberta
  • T2P 5C5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TEITSX (The Toronto Stock Exchange)YesCommon SharesCACADOct 2012
TSCE.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2012

Biography

Toscana Energy Income Corporation operates as a conventional oil and gas producer. Its petroleum and natural gas properties are located in Alberta and Saskatchewan. Toscana Energy Income Corporation 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 Analysis2020/03/31 01:36
End of Day Share Price2020/03/30 00:00
Earnings2019/09/30
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.