TORC Oil & Gas Ltd. engages in the exploration and production of petroleum and natural gas in the Western Canadian Sedimentary Basin. More Details
Fair value with imperfect balance sheet.
Share Price & News
How has TORC Oil & Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TOG'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: TOG underperformed the Canadian Oil and Gas industry which returned -33.2% over the past year.
Return vs Market: TOG underperformed the Canadian Market which returned -3.8% over the past year.
Price Volatility Vs. Market
How volatile is TORC Oil & Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Much Did TORC Oil & Gas'(TSE:TOG) Shareholders Earn From Share Price Movements Over The Last Five Years?
1 month ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of TORC Oil & Gas Ltd. (TSE:TOG) Shares?
2 months ago | Simply Wall StDoes TORC Oil & Gas (TSE:TOG) Have A Healthy Balance Sheet?
Is TORC Oil & Gas 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: TOG (CA$1.55) is trading below our estimate of fair value (CA$3.61)
Significantly Below Fair Value: TOG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TOG is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.
PE vs Market: TOG is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TOG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TOG is good value based on its PB Ratio (0.7x) compared to the CA Oil and Gas industry average (0.8x).
How is TORC Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TOG's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if TOG'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: TOG's revenue (7.4% per year) is forecast to grow faster than the Canadian market (5.8% per year).
High Growth Revenue: TOG's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TOG is forecast to be unprofitable in 3 years.
How has TORC Oil & Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TOG is currently unprofitable.
Growing Profit Margin: TOG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TOG is unprofitable, and losses have increased over the past 5 years at a rate of 43.5% per year.
Accelerating Growth: Unable to compare TOG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TOG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.9%).
Return on Equity
High ROE: TOG has a negative Return on Equity (-195.23%), as it is currently unprofitable.
How is TORC Oil & Gas's financial position?
Financial Position Analysis
Short Term Liabilities: TOG's short term assets (CA$32.9M) do not cover its short term liabilities (CA$139.6M).
Long Term Liabilities: TOG's short term assets (CA$32.9M) do not cover its long term liabilities (CA$583.2M).
Debt to Equity History and Analysis
Debt Level: TOG's debt to equity ratio (73.5%) is considered high.
Reducing Debt: TOG's debt to equity ratio has increased from 15.6% to 73.5% over the past 5 years.
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: Whilst unprofitable TOG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TOG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 55.1% per year.
What is TORC Oil & Gas's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TOG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TOG'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 TOG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TOG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TOG is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TOG'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 board tenure
Brett Herman (52 yo)
Mr. Brett Herman, CA, serves as the President and Chief Executive Officer of TORC Oil & Gas Ltd. Mr. Herman serves as the Chief Executive Officer and President of PetroPembina Exploration Ltd. Mr. Herman s ...
CEO Compensation Analysis
Compensation vs Market: Brett's total compensation ($USD1.81M) is above average for companies of similar size in the Canadian market ($USD621.50K).
Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.
|President||no data||CA$2.38m||0.99% |
|Independent Director||7.92yrs||CA$179.41k||0.19% |
|Independent Director||7.08yrs||CA$174.41k||no data|
|Independent Director||2.75yrs||CA$174.41k||0.018% |
|Independent Director||7.92yrs||CA$174.41k||0.23% |
|Independent Director||7.92yrs||CA$179.41k||0.096% |
|Independent Chairman||6.92yrs||CA$184.41k||0.13% |
|Independent Director||0.83yr||no data||0.010% |
|Independent Director||1.92yrs||CA$180.03k||0.023% |
Experienced Board: TOG's board of directors are considered experienced (7.1 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TORC Oil & Gas Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: TORC Oil & Gas Ltd.
- Ticker: TOG
- Exchange: TSX
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$344.994m
- Shares outstanding: 222.58m
- Website: https://www.torcoil.com
Number of Employees
- TORC Oil & Gas Ltd.
- Eighth Avenue Place
- Suite 1800
- T2P 1G1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FVEN||DB (Deutsche Boerse AG)||Yes||Class A Voting Common Shares||DE||EUR||Nov 2012|
|VREY.F||OTCPK (Pink Sheets LLC)||Yes||Class A Voting Common Shares||US||USD||Nov 2012|
|TOG||TSX (The Toronto Stock Exchange)||Yes||Class A Voting Common Shares||CA||CAD||Nov 2012|
TORC Oil & Gas Ltd. engages in the exploration and production of petroleum and natural gas in the Western Canadian Sedimentary Basin. The company’s principal properties are located in the southeast Saskatc ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 00:51|
|End of Day Share Price||2020/10/19 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.