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

AXL Stock Overview

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.

About the company

AXL fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	5/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Arrow Exploration Corp. Competitors

Tenaz Energy

TSX:TNZ

CA$105.5m

Tethys Petroleum

TSXV:TPL

CA$120.6m

Kolibri Global Energy

TSX:KEI

CA$152.8m

Reconnaissance Energy Africa

TSXV:RECO

CA$193.3m

Price History & Performance

Summary of all time highs, changes and price drops for Arrow Exploration
Historical stock prices
Current Share Price	CA$0.38
52 Week High	CA$0.47
52 Week Low	CA$0.28
Beta	1.43
1 Month Change	-14.77%
3 Month Change	19.05%
1 Year Change	31.58%
3 Year Change	150.00%
5 Year Change	38.89%
Change since IPO	-67.39%

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

Mar 29

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

Feb 22

Recent updates

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	1.4%	2.6%	0.7%
1Y	31.6%	17.4%	4.9%

Price Volatility

Is AXL's price volatile compared to industry and market?
AXL volatility
AXL Average Weekly Movement	6.8%
Oil and Gas Industry Average Movement	6.6%
Market Average Movement	9.0%
10% most volatile stocks in CA Market	18.1%
10% least volatile stocks in CA Market	3.0%

About the Company

Founded	Employees	CEO	Website
n/a	n/a	G. Abbott	www.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. Arrow Exploration Corp. 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$107.20m
Earnings (TTM)	CA$16.92m
Revenue (TTM)	CA$55.04m

6.3x

P/E Ratio

1.9x

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$40.20m
Cost of Revenue	US$6.45m
Gross Profit	US$33.75m
Other Expenses	US$21.39m
Earnings	US$12.35m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.043
Gross Margin	83.96%
Net Profit Margin	30.73%
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

TSX:TNZ

CA$105.5m

TSXV:TPL

CA$120.6m

TSX:KEI

CA$152.8m

TSXV:RECO

CA$193.3m

Price History & Performance

Recent News & Updates

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)

Recent updates

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)

Arrow Exploration Announces Planned Tie-In of West Pepper Well, Alberta and an Update on the Aim Listing and Offering Process

Arrow Exploration Corp. Announces Re-Start of Production from the Morsa-1 Well, Re-Start of Production At the Capella Field, and A Corporate Production Update

Independent Director Timothy de Freitas has left the company

Independent Director Gustavo Dajer Barguil has left the company

Independent Director Brian Hearst has left the company

First quarter 2021 earnings released: US$0.007 loss per share (vs US$0.38 loss in 1Q 2020)

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

Arrow Exploration Corp. Announces Management Changes

Arrow Exploration Corp.(TSXV:AXL) dropped from S&P Global BMI Index

COG Energy Ltd. completed the acquisition of LLA 23 Block in Colombia from Arrow Exploration Corp. (TSXV:AXL).

Third quarter 2020 earnings released: US$0.02 loss per share

First half earnings released

COG Energy Ltd. entered into an agreement to acquire LLA 23 Block in Colombia from Arrow Exploration Corp. (TSXV:AXL) for $12 million.