TSXV:ATU

Stock Analysis Report

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Executive Summary

Altura Energy Inc. operates as an oil and gas exploration and production company in central Alberta.


Snowflake Analysis

Slightly overvalued with worrying balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

18.2%

ATU

0%

CA Oil and Gas

0%

CA Market


1 Year Return

-54.7%

ATU

0%

CA Oil and Gas

0%

CA Market

Return vs Industry: ATU underperformed the Canadian Oil and Gas industry which returned -30.4% over the past year.

Return vs Market: ATU underperformed the Canadian Market which returned -12.8% over the past year.


Shareholder returns

ATUIndustryMarket
7 Day18.2%0%0%
30 Day5.4%0%0%
90 Day21.9%0%0%
1 Year-54.7%-54.7%0%0%0%0%
3 Year-44.3%-44.3%0%0%0%0%
5 Year-64.5%-64.5%0%0%0%0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATU (CA$0.2) is trading below our estimate of fair value (CA$3.85)

Significantly Below Fair Value: ATU is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ATU is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: ATU 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 ATU's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ATU is overvalued based on its PB Ratio (1.6x) compared to the CA Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Altura Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

0.8%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ATU's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if ATU'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: ATU's revenue (0.8% per year) is forecast to grow slower than the Canadian market (5.6% per year).

High Growth Revenue: ATU's revenue (0.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ATU's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Altura Energy performed over the past 5 years?

-20.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATU is currently unprofitable.

Growing Profit Margin: ATU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ATU is unprofitable, and losses have increased over the past 5 years at a rate of -20.3% per year.

Accelerating Growth: Unable to compare ATU's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ATU is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).


Return on Equity

High ROE: ATU has a negative Return on Equity (-224.75%), as it is currently unprofitable.


Next Steps

Financial Health

How is Altura Energy's financial position?


Financial Position Analysis

Short Term Liabilities: ATU's short term assets (CA$3.5M) do not cover its short term liabilities (CA$7.8M).

Long Term Liabilities: ATU's short term assets (CA$3.5M) do not cover its long term liabilities (CA$5.6M).


Debt to Equity History and Analysis

Debt Level: ATU's debt to equity ratio (25.6%) is considered satisfactory.

Reducing Debt: ATU's debt to equity ratio has increased from 0.08% to 25.6% over the past 5 years.


Balance Sheet


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: Insufficient data to determine if ATU has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ATU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Altura Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ATU'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 ATU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATU'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 ATU'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?

5.0yrs

Average management tenure


CEO

David Burghardt

5yrs

Tenure

CA$238,318

Compensation

Mr. David Burghardt, P.Eng. has been the Chief Executive Officer and President of Altura Energy Inc. (Northern Spirit Resources Inc) since July 31, 2015. Mr. Burghardt served as an Interim Managing Directo ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD175.20K) is about average for companies of similar size in the Canadian market ($USD174.10K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
David Burghardt
President5yrsCA$238.32k2.91% CA$618.2k
Tavis Carlson
VP of Finance4.83yrsCA$225.43k0.28% CA$60.4k
Jeffrey Mazurak
Vice President of Operations5yrsCA$227.71k0.57% CA$121.5k
Daniel Pinckston
Vice President of Exploration5yrsCA$228.85k1.36% CA$288.9k

5.0yrs

Average Tenure

Experienced Management: ATU's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Burghardt
President5yrsCA$238.32k2.91% CA$618.2k
John Chambers
Independent Director1.08yrsCA$53.62k0.46% CA$97.5k
Robert Maitland
Independent Director5yrsCA$24.11k0.83% CA$175.5k
Darren Gee
Independent Director5yrsCA$24.11k1.18% CA$250.6k
John McAleer
Independent Chairmanno dataCA$26.61k1.05% CA$223.0k

5.0yrs

Average Tenure

Experienced Board: ATU's board of directors are considered experienced (5 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Altura Energy Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Altura Energy Inc.
  • Ticker: ATU
  • Exchange: TSXV
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$21.240m
  • Shares outstanding: 108.92m
  • Website: https://www.alturaenergy.ca

Number of Employees


Location

  • Altura Energy Inc.
  • 2500, 605 5th Avenue SW
  • Calgary
  • Alberta
  • T2P 3H5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATUTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2011
7F4DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2011
ATUU.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2011

Biography

Altura Energy Inc. operates as an oil and gas exploration and production company in central Alberta. It holds interests in the Leduc-Woodbend and Entice area located in Alberta. As of December 31, 2019, it operated 22 producing and 34 non-producing oil wells. The company was formerly known as Northern Spirit Resources Inc. and changed its name to Altura Energy Inc. in October 2015. Altura Energy Inc. 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 Analysis2020/07/02 00:20
End of Day Share Price2020/06/29 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.