Greenfields Petroleum Corporation, an oil and natural gas company, focuses on the development and production of proven oil and gas reserves primarily in the Republic of Azerbaijan.
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Fair value with imperfect balance sheet.
Share Price & News
How has Greenfields Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GNF'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: GNF underperformed the Canadian Oil and Gas industry which returned -24.6% over the past year.
Return vs Market: GNF underperformed the Canadian Market which returned -10.1% over the past year.
Price Volatility Vs. Market
How volatile is Greenfields Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall StHow Does Investing In Greenfields Petroleum Corporation (CVE:GNF) Impact The Volatility Of Your Portfolio?
9 months ago | Simply Wall StHow Much Of Greenfields Petroleum Corporation (CVE:GNF) Do Institutions Own?
1 year ago | Simply Wall StIntroducing Greenfields Petroleum (CVE:GNF), The Stock That Collapsed 99%
Is Greenfields Petroleum 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: GNF (CA$0.04) is trading below our estimate of fair value (CA$20.71)
Significantly Below Fair Value: GNF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GNF is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: GNF 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 GNF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GNF is good value based on its PB Ratio (0x) compared to the CA Oil and Gas industry average (0.7x).
How is Greenfields Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Greenfields Petroleum has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Greenfields Petroleum is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Greenfields Petroleum competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Greenfields Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GNF is currently unprofitable.
Growing Profit Margin: GNF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GNF is unprofitable, and losses have increased over the past 5 years at a rate of -7.8% per year.
Accelerating Growth: Unable to compare GNF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GNF 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: GNF has a negative Return on Equity (-12.53%), as it is currently unprofitable.
How is Greenfields Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: GNF's short term assets ($12.6M) do not cover its short term liabilities ($38.7M).
Long Term Liabilities: GNF's short term assets ($12.6M) do not cover its long term liabilities ($39.4M).
Debt to Equity History and Analysis
Debt Level: GNF's debt to equity ratio (56.3%) is considered high.
Reducing Debt: GNF's debt to equity ratio has reduced from 232.7% to 56.3% over the past 5 years.
Debt Coverage: GNF's debt is well covered by operating cash flow (25.7%).
Interest Coverage: Insufficient data to determine if GNF's interest payments on its debt are well covered by EBIT.
What is Greenfields Petroleum's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GNF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GNF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GNF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GNF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GNF's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Wilfrid Harkins (62yo)
Mr. John Wilfrid Hugh Harkins has been the Chief Executive Officer and President of Greenfields Petroleum Corporation since February 11, 2010 and its Chief Operating Officer since May 1, 2019. He is a Dire ...
CEO Compensation Analysis
Compensation vs Market: John Wilfrid's total compensation ($USD283.75K) is above average for companies of similar size in the Canadian market ($USD165.66K).
Compensation vs Earnings: John Wilfrid's compensation has been consistent with company performance over the past year.
|Co-Founder & Consultant||no data||US$145.16k||no data|
|Co-Founder & Consultant||no data||US$144.82k||no data|
|CFO & Treasurer||0.92yr||no data||no data|
Experienced Management: GNF's management team is considered experienced (3 years average tenure).
|Independent Chairman of the Board||10.33yrs||US$28.28k||0.068% $1.3k|
|Non-Executive Director||3.67yrs||no data||no data|
|Non-Executive Director||3.67yrs||no data||no data|
Experienced Board: GNF's board of directors are considered experienced (7 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 been substantially diluted in the past year, with total shares outstanding growing by 141.5%.
Greenfields Petroleum Corporation's company bio, employee growth, exchange listings and data sources
- Name: Greenfields Petroleum Corporation
- Ticker: GNF
- Exchange: TSXV
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$1.954m
- Shares outstanding: 43.43m
- Website: https://www.greenfields-petroleum.com
Number of Employees
- Greenfields Petroleum Corporation
- 2001 Timberloch Place
- Suite 500
- The Woodlands
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GNF||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 2010|
|GEEP.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 2010|
|9GE1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Nov 2010|
Greenfields Petroleum Corporation, an oil and natural gas company, focuses on the development and production of proven oil and gas reserves primarily in the Republic of Azerbaijan. It holds interests in the Bahar project, which consists of the Bahar gas field, Gum Deniz oil field, and exploration area covering an area of approximately 76,500 acres of producing oil field and a gas field located in the shallow waters of the Caspian Sea. The company is headquartered in The Woodlands, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 04:38|
|End of Day Share Price||2020/06/05 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.