Loading...

Toscana Energy Income

TSX:TEI
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TEI
TSX
CA$3M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Toscana Energy Income Corporation operates as a conventional oil and gas producer. The last earnings update was 43 days ago. More info.


Add to Portfolio Compare Print
  • Toscana Energy Income has significant price volatility in the past 3 months.
TEI Share Price and Events
7 Day Returns
0%
TSX:TEI
0.5%
CA Oil and Gas
0.7%
CA Market
1 Year Returns
-95.3%
TSX:TEI
-14%
CA Oil and Gas
-1.2%
CA Market
TEI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Toscana Energy Income (TEI) 0% -20% -83.3% -95.3% -99% -99.9%
CA Oil and Gas 0.5% -2.3% -4.3% -14% -11.4% -39.6%
CA Market 0.7% 1.1% 0.9% -1.2% 14.1% 1.6%
1 Year Return vs Industry and Market
  • TEI underperformed the Oil and Gas industry which returned -14% over the past year.
  • TEI underperformed the Market in Canada which returned -1.2% over the past year.
Price Volatility
TEI
Industry
5yr Volatility vs Market

TEI Value

 Is Toscana Energy Income undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Toscana Energy Income is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Toscana Energy Income has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Toscana Energy Income. This is due to cash flow or dividend data being unavailable. The share price is CA$0.02.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Toscana Energy Income's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Toscana Energy Income's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:TEI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$-2.30
TSX:TEI Share Price ** TSX (2019-06-25) in CAD CA$0.02
Canada Oil and Gas Industry PE Ratio Median Figure of 59 Publicly-Listed Oil and Gas Companies 13.28x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.12x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Toscana Energy Income.

TSX:TEI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:TEI Share Price ÷ EPS (both in CAD)

= 0.02 ÷ -2.30

-0.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toscana Energy Income is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Toscana Energy Income is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Toscana Energy Income's expected growth come at a high price?
Raw Data
TSX:TEI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Oil and Gas Industry PEG Ratio Median Figure of 36 Publicly-Listed Oil and Gas Companies 0.93x
Canada Market PEG Ratio Median Figure of 248 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Toscana Energy Income, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Toscana Energy Income's assets?
Raw Data
TSX:TEI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$-0.64
TSX:TEI Share Price * TSX (2019-06-25) in CAD CA$0.02
Canada Oil and Gas Industry PB Ratio Median Figure of 224 Publicly-Listed Oil and Gas Companies 0.8x
Canada Market PB Ratio Median Figure of 2,426 Publicly-Listed Companies 1.45x
TSX:TEI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:TEI Share Price ÷ Book Value per Share (both in CAD)

= 0.02 ÷ -0.64

-0.03x

* Primary Listing of Toscana Energy Income.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toscana Energy Income has negative assets, we can't compare the value of its assets to the CA Oil and Gas industry average.

Next steps:

  1. Take a look at our analysis of TEI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Toscana Energy Income's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Oil and Gas industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Toscana Energy Income's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Toscana Energy Income has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TEI Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.1%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Toscana Energy Income expected to grow at an attractive rate?
  • Unable to compare Toscana Energy Income's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Toscana Energy Income's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Toscana Energy Income's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:TEI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 8.1%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:TEI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:TEI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 16 -2 -16
2018-12-31 16 0 -17
2018-09-30 17 1 -22
2018-06-30 18 0 -21
2018-03-31 19 0 -14
2017-12-31 21 1 -10
2017-09-30 21 1 -5
2017-06-30 23 3 -10
2017-03-31 23 5 -14
2016-12-31 22 5 -17
2016-09-30 23 8 -17
2016-06-30 23 9 -13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Toscana Energy Income is high growth as no earnings estimate data is available.
  • Unable to determine if Toscana Energy Income is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:TEI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Toscana Energy Income Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:TEI Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 -2.30
2018-12-31 -2.39
2018-09-30 -3.15
2018-06-30 -2.98
2018-03-31 -1.98
2017-12-31 -1.41
2017-09-30 -0.75
2017-06-30 -1.33
2017-03-31 -1.93
2016-12-31 -2.33
2016-09-30 -2.33
2016-06-30 -1.83

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Toscana Energy Income will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of TEI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Toscana Energy Income's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Toscana Energy Income's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Toscana Energy Income's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Toscana Energy Income has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TEI Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Toscana Energy Income's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Toscana Energy Income does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Toscana Energy Income's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Toscana Energy Income's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Toscana Energy Income's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Toscana Energy Income Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:TEI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 15.63 -16.37 3.53
2018-12-31 16.11 -16.95 3.46
2018-09-30 17.49 -22.35 2.99
2018-06-30 17.58 -21.30 2.90
2018-03-31 19.40 -14.26 2.72
2017-12-31 20.61 -10.19 2.80
2017-09-30 21.41 -5.43 2.97
2017-06-30 22.81 -9.70 3.39
2017-03-31 22.50 -13.98 3.33
2016-12-31 21.83 -16.81 3.43
2016-09-30 22.50 -16.76 3.51
2016-06-30 23.08 -13.16 3.21
2016-03-31 23.72 -15.34 3.36
2015-12-31 24.06 -15.48 3.37
2015-09-30 26.23 -15.87 3.77
2015-06-30 30.65 -10.46 4.17
2015-03-31 34.98 -2.32 4.44
2014-12-31 40.87 -1.41 4.77
2014-09-30 41.48 -3.05 4.70
2014-06-30 39.77 -7.41 4.63
2014-03-31 38.15 -7.99 4.88
2013-12-31 32.88 -8.11 4.67
2013-09-30 28.86 -7.00 6.83
2013-06-30 23.95 -6.31 6.21
2013-03-31 18.75 6.94 5.50
2012-12-31 16.78 8.26 5.02
2012-09-30 16.72 9.73 2.03
2012-06-30 17.54 11.76 2.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Toscana Energy Income has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Toscana Energy Income has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Toscana Energy Income improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Toscana Energy Income's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Toscana Energy Income has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TEI Health

 How is Toscana Energy Income's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Toscana Energy Income's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Toscana Energy Income's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Toscana Energy Income's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Toscana Energy Income's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Toscana Energy Income has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Toscana Energy Income Company Filings, last reported 2 months ago.

TSX:TEI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -4.62 46.45
2018-12-31 -2.05 46.11
2018-09-30 1.48 44.65 0.01
2018-06-30 4.25 31.92 0.08
2018-03-31 11.69 39.58 0.08
2017-12-31 14.87 43.55 0.01
2017-09-30 23.82 44.85 0.27
2017-06-30 25.60 44.08 0.38
2017-03-31 26.01 44.88 0.12
2016-12-31 25.03 45.96 0.06
2016-09-30 29.15 46.00 0.01
2016-06-30 34.85 58.85 0.00
2016-03-31 39.55 60.20 0.02
2015-12-31 42.16 57.34 0.03
2015-09-30 48.43 53.03 0.05
2015-06-30 53.05 44.80 0.07
2015-03-31 61.89 29.80 0.05
2014-12-31 67.24 28.12 0.12
2014-09-30 75.32 28.09 0.08
2014-06-30 76.05 35.96 1.27
2014-03-31 49.44 56.96 0.39
2013-12-31 52.95 39.23 0.38
2013-09-30 61.22 40.63 0.28
2013-06-30 61.20 36.89 0.94
2013-03-31 44.98 40.86 0.06
2012-12-31 47.37 29.00 0.45
2012-09-30 27.95 22.34 0.01
2012-06-30 29.48 22.30 0.01
  • Toscana Energy Income has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Toscana Energy Income's debt level has increased considering it has negative shareholder equity.
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.

  • Toscana Energy Income has less than a year of cash runway based on current free cash flow.
  • Toscana Energy Income has less than a year of cash runway if free cash flow continues to grow at historical rates of 40.1% each year.
X
Financial health checks
We assess Toscana Energy Income's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Toscana Energy Income has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TEI Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Toscana Energy Income dividends.
If you bought CA$2,000 of Toscana Energy Income shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Toscana Energy Income's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Toscana Energy Income's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:TEI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 4.6%
Canada Market Average Dividend Yield Market Cap Weighted Average of 336 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:TEI Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2018-03-19 0.000 0.000
2017-11-03 0.000 0.000
2017-07-28 0.000 0.000
2017-05-05 0.000 0.000
2017-03-23 0.000 0.000
2016-11-07 0.000 0.000
2016-07-28 0.000 0.000
2016-03-17 0.000 0.000
2016-02-17 0.600 18.717
2016-01-12 0.600 17.789
2015-12-15 1.200 22.861
2015-11-16 1.200 19.736
2015-10-16 1.200 16.998
2015-09-18 1.200 23.249
2015-08-18 1.200 23.550
2015-07-20 1.200 19.491
2015-06-18 1.200 15.009
2015-05-19 1.200 13.089
2015-05-06 1.200 12.243
2015-03-16 1.620 16.612
2015-02-17 1.620 15.381
2015-01-15 1.620 16.364
2014-12-15 1.620 16.924
2014-11-14 1.620 15.241
2014-10-15 1.620 13.935
2014-09-15 1.620 12.247
2014-08-15 1.620 11.484
2014-07-15 1.620 11.205
2014-06-16 1.620 11.270
2014-05-15 1.620 11.487
2014-04-15 1.620 11.217
2014-03-14 1.620 11.299
2014-02-14 1.620 11.217
2014-01-15 1.620 11.655
2013-12-16 1.620 11.892
2013-11-15 1.620 11.968
2013-10-16 1.620 11.900
2013-09-16 1.620 11.253
2013-08-19 1.620 10.830
2013-07-19 1.620 10.652
2013-06-21 1.620 10.718
2013-05-22 1.620 10.858
2013-04-19 1.620 10.928
2013-03-21 1.620 10.970
2013-02-15 1.620 10.917
2013-01-23 1.620 10.910
2012-12-17 1.620 10.571
2012-11-22 1.620 10.503
2012-11-16 1.620 10.519

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Toscana Energy Income has not reported any payouts.
  • Unable to verify if Toscana Energy Income's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Toscana Energy Income's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Toscana Energy Income has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Toscana Energy Income's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Toscana Energy Income afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Toscana Energy Income has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TEI Management

 What is the CEO of Toscana Energy Income's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Joe Durante
COMPENSATION CA$201,804
AGE 58
TENURE AS CEO 6.7 years
CEO Bio

Mr. Joseph Samual Durante, also known as Joe, B.Com has been the Chief Executive Officer of Sprott Toscana since November 2003 and its Managing Director since January 2003. Mr. Durante has been the Managing Director of Toscana Resource Management Inc. since May 2002. He serves as the Chief Executive Officer of Maple Leaf 2012-II Energy Income Management Corp., Maple Leaf 2012 Energy Income Management Corp, Maple Leaf 2011 Energy Income Management Corp., and Maple Leaf Energy Income Holdings Corp. He serves as Managing Director and Chief Executive Officer of Toscana Capital Corporation, Toscana Energy Corporation and Toscana Resource Corporation. He has been the Chief Executive Officer of Toscana Energy Income Corporation since October 2012. He was a Co-Founder of Fairmont Energy Inc. He served as the President, Chief Executive Officer and Chairman of Fairmount Energy Inc. from August 2004 to October 8, 2009. He served as the Managing Director of Norrep Resource Management Inc., from May 2001 to April 2002. Mr. Durante served as the Chief Financial Officer and President of Pharaoh Capital Inc. from January 2004 to April 2005. He served as the Chief Executive Officer, Managing Director and Chief Financial Officer at Ranchero Energy Inc. from June 1999 to February 2001. He was a Co-Founder of Ranchero Energy Inc., and served as its Chairman from June 2002 to August 2005. Prior to this, he served as the Chief Financial Officer and Executive Vice-President of Opal Energy Inc. from January 1994 to December 1998. He serves as a Director of Sprott Toscana. He serves as Trustee of Toscana Financial Income Trust. Mr. Durante served as an Independent Director of Renegade Petroleum Ltd since November 5, 2013. He has been a Non-Independent Director of Toscana Energy Income Corporation since March 2, 2010. He served as Director of Maple Leaf 2012-II Energy Income Management Corp., Maple Leaf 2012 Energy Income Management Corp and Maple Leaf 2011 Energy Income Management Corp. until June 2014. He served as a Director of Yangarra Resources Ltd. since January 7, 2010 until may 22, 2013. He served as the Manager of Corporate and Energy Group and Manager of Credit for Western Canada of National Bank of Canada from 1986 to 1993. He served as Director of Fairmount Energy Inc. from 2004 to October 8, 2009; Ranchgate Energy Inc. since December 31, 2002 and Pharaoh Capital Inc. He has over 25 years of experience in Canada's oil and gas industry. Mr. Durante has a B.Com. from the University of Calgary.

CEO Compensation
  • Joe's compensation has increased whilst company is loss making.
  • Joe's remuneration is higher than average for companies of similar size in Canada.
Management Team

Joe Durante

TITLE
CEO & Non-Independent Director
COMPENSATION
CA$202K
AGE
58
TENURE
6.7 yrs

Anand Ramnath

TITLE
CFO & Corporate Secretary
COMPENSATION
CA$166K
TENURE
3.9 yrs

Lew Hayes

TITLE
Chief Operating Officer
COMPENSATION
CA$198K

Ken Pretty

TITLE
Vice President of Business Development
COMPENSATION
CA$189K

Debra Waterhouse

TITLE
Manager of Land
COMPENSATION
CA$152K
Board of Directors Tenure

Average tenure and age of the Toscana Energy Income board of directors in years:

7.2
Average Tenure
61
Average Age
  • The tenure for the Toscana Energy Income board of directors is about average.
Board of Directors

Don Copeland

TITLE
Chairman
COMPENSATION
CA$28K
AGE
65

Joe Durante

TITLE
CEO & Non-Independent Director
COMPENSATION
CA$202K
AGE
58
TENURE
9.3 yrs

John Festival

TITLE
Independent Director
COMPENSATION
CA$23K
AGE
57
TENURE
9.3 yrs

Stan Smith

TITLE
Director
COMPENSATION
CA$15K
AGE
64
TENURE
0.9 yrs

Brian Krausert

TITLE
Independent Director
COMPENSATION
CA$31K
TENURE
5.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
28. Aug 18 Sell Joseph Durante Individual 28. Aug 18 28. Aug 18 -10,000 CA$0.35 CA$-3,450
28. Aug 18 Buy Joseph Durante Individual 28. Aug 18 28. Aug 18 10,000 CA$0.35 CA$3,450
X
Management checks
We assess Toscana Energy Income's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Toscana Energy Income has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TEI News

Simply Wall St News

Is Toscana Energy Income Corporation's (TSE:TEI) Balance Sheet Strong Enough To Weather A Storm?

While small-cap stocks, such as Toscana Energy Income Corporation (TSE:TEI) with its market cap of CA$3.17m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Toscana Energy Income Corporation (TSE:TEI): Time For A Financial Health Check

TEI's debt levels have fallen from CA$45.96M to CA$43.55M over the last 12 months , which is made up of current and long term debt. … Though TEI has generated cash from operations of CA$750.26K over the same time period, resulting in an operating cash to total debt ratio of 1.72%, indicating that debt is appropriately covered by operating cash. … Looking at TEI’s most recent CA$49.68M liabilities, the company is not able to meet these obligations given the level of current assets of CA$5.03M, with a current ratio of 0.1x below the prudent level of 3x.

Simply Wall St -

TEI Company Info

Description

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.

Details
Name: Toscana Energy Income Corporation
TEI
Exchange: TSX
Founded:
CA$2,902,570
145,128,518
Website: http://www.toscanaenergy.ca
Address: Toscana Energy Income Corporation
207 - 9th Avenue SW,
Suite 900,
Calgary,
Alberta, T2P 1K3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX TEI Common Shares The Toronto Stock Exchange CA CAD 12. Oct 2012
OTCPK TSCE.F Common Shares Pink Sheets LLC US USD 12. Oct 2012
Number of employees
Current staff
Staff numbers
8
Toscana Energy Income employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 00:55
End of day share price update: 2019/06/25 00:00
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.