Arrow Exploration (TSXV:AXL) - Stock Price, News & Analysis

AXL Stock Overview

A junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. More details

AXL fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 86.6% below our estimate of its fair value

Revenue is forecast to grow 31.28% per year

Risk Analysis

High level of non-cash earnings

Profit margins (1.9%) are lower than last year (21.4%)

Does not have a meaningful market cap (CA$119M)

Arrow Exploration Corp. Competitors

Highwood Asset Management

TSXV:HAM

CA$90.9m

Rubellite Energy

TSX:RBY

CA$202.6m

Kolibri Global Energy

TSX:KEI

CA$185.0m

Tethys Petroleum

TSXV:TPL

CA$174.6m

Price History & Performance

Summary of all time highs, changes and price drops for Arrow Exploration
Historical stock prices
Current Share Price	CA$0.42
52 Week High	CA$0.62
52 Week Low	CA$0.28
Beta	1.41
11 Month Change	-10.64%
3 Month Change	-26.32%
1 Year Change	33.33%
33 Year Change	115.38%
5 Year Change	110.00%
Change since IPO	-63.48%

Recent updates

Investors Still Aren't Entirely Convinced By Arrow Exploration Corp.'s (CVE:AXL) Revenues Despite 46% Price Jump

Jul 16

We Ran A Stock Scan For Earnings Growth And Arrow Exploration (CVE:AXL) Passed With Ease

Mar 29

Shareholders Shouldn’t Be Too Comfortable With Arrow Exploration's (CVE:AXL) Strong Earnings

Sep 07

We Think Arrow Exploration (CVE:AXL) Is Taking Some Risk With Its Debt

Aug 01

Here's Why Arrow Exploration (CVE:AXL) Can Afford Some Debt

Mar 09

Here's Why Arrow Exploration (CVE:AXL) Can Afford Some Debt

Nov 19

Is Arrow Exploration (CVE:AXL) Using Too Much Debt?

Mar 09

Shareholder Returns

	AXL	CA Oil and Gas	CA Market
7D	5.0%	2.9%	0.7%
1Y	33.3%	18.0%	21.7%

Return vs Industry: AXL exceeded the Canadian Oil and Gas industry which returned 16.5% over the past year.

Return vs Market: AXL exceeded the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is AXL's price volatile compared to industry and market?
AXL volatility
AXL Average Weekly Movement	6.9%
Oil and Gas Industry Average Movement	6.6%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: AXL has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: AXL's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	G. Abbott	arrowexploration.ca

Arrow Exploration Corp., a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. The company is headquartered in Calgary, Canada.

Arrow Exploration Corp. Fundamentals Summary

How do Arrow Exploration's earnings and revenue compare to its market cap?
AXL fundamental statistics
Market cap	CA$118.63m
Earnings (TTM)	CA$1.52m
Revenue (TTM)	CA$79.62m

79.1x

P/E Ratio

1.5x

P/S Ratio

Is AXL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AXL income statement (TTM)
Revenue	US$56.95m
Cost of Revenue	US$10.14m
Gross Profit	US$46.81m
Other Expenses	US$45.72m
Earnings	US$1.09m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0038
Gross Margin	82.19%
Net Profit Margin	1.91%
Debt/Equity Ratio	0%

How did AXL perform over the long term?

See historical performance and comparison

AXL Stock Overview

Rewards

Risk Analysis

Arrow Exploration Corp. Competitors

TSXV:HAM

CA$90.9m

TSX:RBY

CA$202.6m

TSX:KEI

CA$185.0m

TSXV:TPL

CA$174.6m

Price History & Performance

Recent News & Updates

Arrow Exploration Corp. Provides Fifth Ubaque Horizontal Well Results

New minor risk - Market cap size

Arrow Exploration Corp. Announces Fourth Ubaque Horizontal Well Results

Second quarter 2024 earnings released: EPS: US$0.004 (vs US$0.003 loss in 2Q 2023)

Arrow Exploration Corp. Announces Third Ubaque Horizontal Well Results

Arrow Exploration Corp. Announces Second Ubaque Horizontal Well Results CNB HZ-3 on Production

Recent updates

Arrow Exploration Corp. Provides Fifth Ubaque Horizontal Well Results

New minor risk - Market cap size

Arrow Exploration Corp. Announces Fourth Ubaque Horizontal Well Results

Second quarter 2024 earnings released: EPS: US$0.004 (vs US$0.003 loss in 2Q 2023)

Arrow Exploration Corp. Announces Third Ubaque Horizontal Well Results

Arrow Exploration Corp. Announces Second Ubaque Horizontal Well Results CNB HZ-3 on Production

Investors Still Aren't Entirely Convinced By Arrow Exploration Corp.'s (CVE:AXL) Revenues Despite 46% Price Jump

Arrow Exploration Corp., Annual General Meeting, Sep 25, 2024

Chief Financial Officer exercised options and sold CA$357k worth of stock

Arrow Exploration Corp. Provides an Update on Operational Activity, Particularly At the Multi Horizon, Carrizales Norte

First quarter 2024 earnings released: EPS: US$0.011 (vs US$0.013 in 1Q 2023)

Arrow Exploration Corp. Announces the Spud of the Carrizales Norte B Pad Horizontal Well 1 on the Tapir Block in the Llanos Basin of Colombia

Full year 2023 earnings released: US$0.005 loss per share (vs US$0.002 profit in FY 2022)

Senior Independent Director exercised options to buy CA$120k worth of stock.

We Ran A Stock Scan For Earnings Growth And Arrow Exploration (CVE:AXL) Passed With Ease

Investors Aren't Buying Arrow Exploration Corp.'s (CVE:AXL) Earnings

Arrow Exploration Corp. Provides an Update on Activity on the Tapir Block in the Llanos Basin of Colombia

Arrow Exploration Corp. Announces Operations Update

Third quarter 2023 earnings released: EPS: US$0.03 (vs US$0.009 in 3Q 2022)

Arrow Exploration Corp. Provides Update on Rio Cravo Este-6 Well on the Tapir Block in the Llanos Basin of Colombia

Arrow Exploration Corp. Provides C7 Production and Production Update C7

Arrow Exploration Corp. Announces Maiden Carrizales Norte Reserves Corporate Economic 1P, 2P and 3P Reserves Doubled

Arrow Exploration Corp. Provides an Update on Operational Activity At the Carrizales Norte Field on the Tapir Block in the Llanos Basin of Colombia

Second quarter 2023 earnings released: US$0.003 loss per share (vs US$0.004 profit in 2Q 2022)

Arrow Exploration Corp. Announces CN-2 Well Results Exceed Expectations in Ubaque Formation

Arrow Exploration Corp., Annual General Meeting, Sep 20, 2023

Arrow Exploration Corp. Provides an Update on the Operational Activity At the Carrizales Norte Field on the Tapir Block in the Llanos Basin of Colombia

Potential Upside For Arrow Exploration Corp. (CVE:AXL) Not Without Risk

Arrow Exploration Corp. Provides an Update on the Carrizales Norte-1 Well

Arrow Exploration Corp. Provides an Update on the Carrizales Norte-1 Well

Arrow Exploration Corp. Provides an Update on the Drilling of Carrizales Norte 1, an Exploration Well on the Tapir Block in the Llanos Basin of Colombia

Arrow Exploration Corp. Announces Spudding of Carrizales Norte-1 Well

Full year 2022 earnings released: EPS: US$0.002 (vs US$0.06 in FY 2021)

Arrow Exploration Corp. Provides Update on Operations

Arrow Exploration Corp. Announces Drilling Rig Mobilized to Rio Cravo Este Multiwell Pad

Third quarter 2022 earnings released: EPS: US$0.009 (vs US$0 in 3Q 2021)

Less than half of directors are independent

Arrow Exploration Corp. Announces Operations Update

Here's Why Arrow Exploration (CVE:AXL) Has A Meaningful Debt Burden

Shareholders Shouldn’t Be Too Comfortable With Arrow Exploration's (CVE:AXL) Strong Earnings

Arrow Exploration Corp. Announces Test Results of East Pepper Well

Second quarter 2022 earnings released: EPS: US$0.004 (vs US$0.011 loss in 2Q 2021)

We Think Arrow Exploration (CVE:AXL) Is Taking Some Risk With Its Debt

Arrow Exploration Corp. Announces Test Results of RCS-1 Well

Arrow Exploration Corp. Announces Further Update on the Rio Cravo Sur-1

First quarter 2022 earnings released: US$0.025 loss per share (vs US$0.007 loss in 1Q 2021)

Arrow Exploration Corp. Announces RCE-2 Well on Stream, RCS-1 Spud

Arrow Exploration Corp. Announces Test Results of RCE-2 Well

Arrow Exploration Corp., Annual General Meeting, Jul 19, 2022

Full year 2021 earnings released: EPS: US$0.06 (vs US$0.47 loss in FY 2020)

Less than half of directors are independent

Arrow Exploration Corp. Announces Further Update on RCE-2 Well

Arrow Exploration Corp. Announces Spudding of RCE-2 Well and Provides Corporate Outlook

Here's Why Arrow Exploration (CVE:AXL) Can Afford Some Debt

Arrow Exploration Corp. Provides Operational Update Regarding RCE-2 Well at Rio Cravo Este Field in Colombia

Arrow Exploration Corp. Shares an Operational Update, as Well as Near-Term Plans for Its Colombian and Canadian Assets

Here's Why Arrow Exploration (CVE:AXL) Can Afford Some Debt

Forecast to breakeven in 2022

Second quarter 2021 earnings released: US$0.011 loss per share (vs US$0.046 profit in 2Q 2020)