TSXV:ATU

Stock Analysis Report

Executive Summary

Altura Energy Inc. engages in the exploration, development, and production of oil and natural gas in central Alberta.

Snowflake

Fundamentals

Reasonable growth potential with mediocre 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


Market Performance


7 Day Return

0%

ATU

-0.5%

CA Oil and Gas

-0.2%

CA Market


1 Year Return

-49.0%

ATU

-12.8%

CA Oil and Gas

1.1%

CA Market

Return vs Industry: ATU underperformed the Canadian Oil and Gas industry which returned -12.8% over the past year.

Return vs Market: ATU underperformed the Canadian Market which returned 1.1% over the past year.


Shareholder returns

ATUIndustryMarket
7 Day0%-0.5%-0.2%
30 Day-20.3%-5.7%-3.3%
90 Day-32.9%-4.2%-1.6%
1 Year-49.0%-49.0%-8.9%-12.8%4.6%1.1%
3 Year-15.0%-15.0%-17.4%-25.7%13.1%3.1%
5 Year-63.6%-63.6%-22.3%-34.1%24.7%6.7%

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?

15.97x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ATU is poor value based on its PE Ratio (16x) compared to the Oil and Gas industry average (8.4x).

PE vs Market: ATU is poor value based on its PE Ratio (16x) compared to the Canadian market (13.7x).


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 good value based on its PB Ratio (0.6x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

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

19.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATU's forecast earnings growth (19.8% per year) is above the savings rate (1.9%).

Earnings vs Market: ATU's earnings (19.8% per year) are forecast to grow faster than the Canadian market (13.6% per year).

High Growth Earnings: ATU's earnings are forecast to grow, but not significantly.

Revenue vs Market: ATU's revenue (33.2% per year) is forecast to grow faster than the Canadian market (5.7% per year).

High Growth Revenue: ATU's revenue (33.2% per year) is forecast to grow faster 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?

13.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ATU's earnings have grown by 13.4% per year over the past 5 years.

Accelerating Growth: ATU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ATU had negative earnings growth (-21.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (62.2%).


Return on Equity

High ROE: ATU's Return on Equity (3.9%) is considered low.


Return on Assets

ROA vs Industry: ATU's Return on Assets is below or equal to the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: ATU's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Altura Energy's financial position?


Financial Position Analysis

Short Term Liabilities: ATU's short term assets (CA$2.7M) do not cover its short term liabilities (CA$7.5M)

Long Term Liabilities: ATU's short term assets (2.7M) do not cover its long term liabilities (8.0M)


Debt to Equity History and Analysis

Debt Level: ATU's debt to equity ratio (3.3%) is considered satisfactory

Reducing Debt: ATU's debt to equity ratio has increased from 0.3% to 3.3% over the past 5 years.

Debt Coverage: ATU's debt is well covered by operating cash flow (743.3%).

Interest Coverage: ATU's interest payments on its debt are well covered by EBIT (20x coverage).


Balance Sheet

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

Debt Coverage by Assets: ATU's debt is covered by short term assets (assets are 1.834810x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage4.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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

4.3yrs

Average management tenure


CEO

David Burghardt 0

4.3yrs

Tenure

CA$273,060

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 ($USD207.90K) is about average for companies of similar size in the Canadian market ($USD122.22K).

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


Management Age and Tenure

4.3yrs

Average Tenure

Experienced Management: ATU's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

4.3yrs

Average Tenure

53yo

Average Age

Experienced Board: ATU's board of directors are considered experienced (4.3 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyCA$200,00006 Jun 19
John Chambers
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares500,000
Max PriceCA$0.40
BuyCA$6,63620 Nov 18
John McAleer
EntityIndividual
Role
Chairman of the Board
Independent Chairman
Shares17,000
Max PriceCA$0.39
BuyCA$11,70919 Nov 18
John McAleer
EntityIndividual
Role
Chairman of the Board
Independent Chairman
Shares30,000
Max PriceCA$0.39

Ownership Breakdown


Management Team

  • Rob Pinckston

    Vice President of Exploration

    • Tenure: 4.3yrs
    • Compensation: CA$273.06k
  • Tavis Carlson

    VP of Finance

    • Tenure: 4.1yrs
    • Compensation: CA$273.06k
  • David Burghardt

    President

    • Tenure: 4.3yrs
    • Compensation: CA$273.06k
  • Jeff Mazurak

    Vice President of Operations

    • Tenure: 4.3yrs
    • Compensation: CA$273.06k

Board Members

  • John Chambers

    Independent Director

    • Tenure: 0.3yrs
  • Robert Maitland (66yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: CA$25.00k
  • Brian Lavergne (53yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: CA$25.00k
  • Darren Gee (51yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: CA$25.00k
  • David Burghardt

    President

    • Tenure: 4.3yrs
    • Compensation: CA$273.06k
  • John McAleer

    Independent Chairman

    • Tenure: 0yrs
    • Compensation: CA$27.50k

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$27.775m
  • Shares outstanding: 108.92m
  • Website: https://www.alturaenergy.ca

Number of Employees


Location

  • Altura Energy Inc.
  • 605–5th Avenue SW
  • Suite 2500
  • 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. engages in the exploration, development, and production of oil and natural gas in central Alberta. It holds interests in the oil producing units of the Leduc-Woodbend area located in Alb ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 00:14
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.