Hemisphere Energy Future Growth

Future criteria checks 0/6

Hemisphere Energy's revenue and earnings are forecast to decline at 1.7% and 11.2% per annum respectively while EPS is expected to decline by 8.8% per annum.

Key information

-11.2%

Earnings growth rate

-8.8%

EPS growth rate

Oil and Gas earnings growth	5.0%
Revenue growth rate	-1.7%
Future return on equity	n/a
Analyst coverage	Low
Last updated	22 Nov 2024

Recent future growth updates

Recent updates

Hemisphere Energy (CVE:HME) Is Looking To Continue Growing Its Returns On Capital

Nov 24

Hemisphere Energy (CVE:HME) Has A Somewhat Strained Balance Sheet

Aug 18

Here's Why Shareholders Will Not Be Complaining About Hemisphere Energy Corporation's (CVE:HME) CEO Pay Packet

Jun 09

These 4 Measures Indicate That Hemisphere Energy (CVE:HME) Is Using Debt Extensively

May 12

Will The ROCE Trend At Hemisphere Energy (CVE:HME) Continue?

Mar 20

Is Hemisphere Energy (CVE:HME) A Risky Investment?

Jan 26

Is There More Growth In Store For Hemisphere Energy's (CVE:HME) Returns On Capital?

Dec 02

Earnings and Revenue Growth Forecasts

TSXV:HME - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	87	25	12	38	1
12/31/2025	97	31	17	44	2
12/31/2024	99	33	10	45	2
9/30/2024	79	30	27	48	N/A
6/30/2024	77	30	24	43	N/A
3/31/2024	69	25	17	38	N/A
12/31/2023	68	24	27	44	N/A
9/30/2023	65	23	19	40	N/A
6/30/2023	63	24	24	40	N/A
3/31/2023	70	23	28	46	N/A
12/31/2022	72	21	27	45	N/A
9/30/2022	74	24	23	41	N/A
6/30/2022	64	16	17	34	N/A
3/31/2022	46	9	11	23	N/A
12/31/2021	35	6	6	18	N/A
9/30/2021	24	0	9	16	N/A
6/30/2021	21	0	9	13	N/A
3/31/2021	19	0	7	9	N/A
12/31/2020	17	0	8	9	N/A
9/30/2020	21	-3	9	11	N/A
6/30/2020	22	-2	3	11	N/A
3/31/2020	26	4	2	13	N/A
12/31/2019	28	2	0	10	N/A
9/30/2019	22	5	-4	7	N/A
6/30/2019	19	2	-9	6	N/A
3/31/2019	18	-3	-10	3	N/A
12/31/2018	15	-5	-14	2	N/A
9/30/2018	15	-8	-17	2	N/A
6/30/2018	13	-8	N/A	1	N/A
3/31/2018	10	-6	N/A	1	N/A
12/31/2017	9	-4	N/A	2	N/A
9/30/2017	8	-1	N/A	2	N/A
6/30/2017	7	-1	N/A	2	N/A
3/31/2017	7	-2	N/A	1	N/A
12/31/2016	6	-3	N/A	0	N/A
9/30/2016	5	-4	N/A	0	N/A
6/30/2016	5	-9	N/A	1	N/A
3/31/2016	7	-9	N/A	2	N/A
12/31/2015	9	-8	N/A	3	N/A
9/30/2015	11	-10	N/A	5	N/A
6/30/2015	13	-4	N/A	6	N/A
3/31/2015	13	-3	N/A	7	N/A
12/31/2014	14	-2	N/A	7	N/A
9/30/2014	12	0	N/A	6	N/A
6/30/2014	11	0	N/A	5	N/A
3/31/2014	10	0	N/A	3	N/A
12/31/2013	9	-1	N/A	4	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HME's earnings are forecast to decline over the next 3 years (-11.2% per year).

Earnings vs Market: HME's earnings are forecast to decline over the next 3 years (-11.2% per year).

High Growth Earnings: HME's earnings are forecast to decline over the next 3 years.

Revenue vs Market: HME's revenue is expected to decline over the next 3 years (-1.7% per year).

High Growth Revenue: HME's revenue is forecast to decline over the next 3 years (-1.7% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

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

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 03:38
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hemisphere Energy Corporation is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Patrick O'Rourke	ATB Capital Markets
Laique Ahmad Amir Arif	ATB Capital Markets
Stephen Toth	Canaccord Genuity

Hemisphere Energy Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 17%

Price target increased by 13% to CA$2.40

Price target decreased by 15% to CA$2.13

Price target increased by 11% to CA$2.50

Consensus EPS estimates increase by 17%

Recent updates

Hemisphere Energy (CVE:HME) Has Affirmed Its Dividend Of CA$0.025

Dividend of CA$0.025 announced

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Dividend of CA$0.03 announced

Hemisphere Energy Corporation Announces Special Dividend, Payable on October 25, 2024

Hemisphere Energy (CVE:HME) Is Due To Pay A Dividend Of CA$0.025

Dividend of CA$0.025 announced

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates increase by 17%

Upcoming dividend of CA$0.03 per share

Independent Director recently bought CA$122k worth of stock

Upcoming dividend of CA$0.025 per share

Chief Development Officer exercised options to buy CA$1.1m worth of stock.

Hemisphere Energy Corporation Declares Special Dividend, Payable on July 26, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Full year 2023 earnings: EPS and revenues miss analyst expectations

Hemisphere Energy Corporation, Annual General Meeting, May 30, 2024

Upcoming dividend of CA$0.025 per share at 7.5% yield

Hemisphere Energy (CVE:HME) Has Affirmed Its Dividend Of CA$0.025

Dividend of CA$0.025 announced

Price target increased by 13% to CA$2.40

Hemisphere Energy Corporation Approves Quarterly Cash Dividend, Payable on February 23, 2024

New major risk - Revenue and earnings growth

Price target decreased by 15% to CA$2.13

Hemisphere Energy Corporation Appoints Ashley Ramsden-Wood as Chief Development Officer

Upcoming dividend of CA$0.025 per share at 8.0% yield

Price target increased by 11% to CA$2.50

Hemisphere Energy Corporation Approves Quarterly Cash Dividend, Payable on December 28, 2023

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of CA$0.03 per share at 7.6% yield

Hemisphere Energy (CVE:HME) Is Due To Pay A Dividend Of CA$0.025

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Hemisphere Energy Corporation Declares Quarterly Cash Dividend, Payable on September 14, 2023

New minor risk - Insider selling

Independent Director recently sold CA$95k worth of stock

Consensus EPS estimates increase by 17%

First quarter 2023 earnings released: EPS: CA$0.06 (vs CA$0.05 in 1Q 2022)

Full year 2022 earnings released: EPS: CA$0.21 (vs CA$0.067 in FY 2021)

Here's Why We Think Hemisphere Energy (CVE:HME) Is Well Worth Watching

Hemisphere Energy Corporation Approves Quarterly Cash Dividend, Payable on February 21, 2023

Hemisphere Energy Corporation Announces Drilling Program

Third quarter 2022 earnings released: EPS: CA$0.09 (vs CA$0.026 in 3Q 2021)

Hemisphere Energy Corporation Declares Quarterly Dividend, Payable on November 30, 2022

Insufficient new directors

Hemisphere Energy Corporation Provides an Update on Its Operations in Southern Alberta

Upcoming dividend of CA$0.025 per share

Hemisphere Energy Corporation Approves Quarterly Dividend, Payable on September 7, 2022

Second quarter 2022 earnings released: EPS: CA$0.04 (vs CA$0.041 loss in 2Q 2021)

Chairman of the Board recently sold CA$76k worth of stock

Vice President of Exploration exercised options to buy CA$1.0m worth of stock.

We Think Hemisphere Energy (CVE:HME) Can Manage Its Debt With Ease

Chief Operating Officer exercised options to buy CA$408k worth of stock.

Investor sentiment improved over the past week

President exercised options to buy CA$644k worth of stock.

Insufficient new directors

Full year 2021 earnings released: EPS: CA$0.07 (vs CA$0.005 loss in FY 2020)

Hemisphere Energy Corporation, Annual General Meeting, Jun 09, 2022

Hemisphere Energy Corporation, Annual General Meeting, Jun 09, 2022

Chief Financial Officer exercised options to buy CA$520k worth of stock.

Hemisphere Energy Corporation Provides Operations Update with Four New Wells on Production

We Think Hemisphere Energy (CVE:HME) Can Stay On Top Of Its Debt

Independent Director recently sold CA$177k worth of stock

Hemisphere Energy Corporation Completes Fourth Quarter 2021 Drilling Program

Hemisphere Energy Accelerates 2022 Drilling Program

Hemisphere Energy (CVE:HME) Is Looking To Continue Growing Its Returns On Capital

Third quarter 2021 earnings released: EPS CA$0.03 (vs CA$0.016 in 3Q 2020)

Second quarter 2021 earnings released: CA$0.04 loss per share (vs CA$0.036 loss in 2Q 2020)

Hemisphere Energy (CVE:HME) Has A Somewhat Strained Balance Sheet

Hemisphere Energy Announces Start-Up of Polymer Injection in Atlee Buffalo

Here's Why Shareholders Will Not Be Complaining About Hemisphere Energy Corporation's (CVE:HME) CEO Pay Packet