Jericho Energy Ventures Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas fields in the United States. More Details
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Jericho Energy Ventures's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JEV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: JEV's weekly volatility has decreased from 19% to 12% over the past year.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: JEV exceeded the Canadian Oil and Gas industry which returned 35.8% over the past year.
Return vs Market: JEV exceeded the Canadian Market which returned 27.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Jericho Energy Ventures's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Jericho Energy Ventures undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate JEV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate JEV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: JEV is unprofitable, so we can't compare its PE Ratio to the Canadian Oil and Gas industry average.
PE vs Market: JEV 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 JEV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JEV is overvalued based on its PB Ratio (7.8x) compared to the CA Oil and Gas industry average (1.7x).
How is Jericho Energy Ventures 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 Jericho Energy Ventures 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.
How has Jericho Energy Ventures performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JEV is currently unprofitable.
Growing Profit Margin: JEV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JEV is unprofitable, and losses have increased over the past 5 years at a rate of 50.3% per year.
Accelerating Growth: Unable to compare JEV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JEV is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-27.4%).
Return on Equity
High ROE: JEV has a negative Return on Equity (-60.51%), as it is currently unprofitable.
How is Jericho Energy Ventures's financial position?
Financial Position Analysis
Short Term Liabilities: JEV's short term assets (CA$2.6M) exceed its short term liabilities (CA$653.2K).
Long Term Liabilities: JEV's short term assets (CA$2.6M) exceed its long term liabilities (CA$139.5K).
Debt to Equity History and Analysis
Debt Level: JEV's debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JEV's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JEV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: JEV has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.2% each year.
What is Jericho Energy Ventures's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JEV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JEV'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 JEV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JEV'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 JEV'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
Mr. Brian Williamson has been Chief Executive Officer of Jericho Energy Ventures Inc. (formerly known as Jericho Oil Corporation) since August 21, 2017 and as its President and Director since March 1, 2019...
Experienced Management: JEV's management team is considered experienced (3.9 years average tenure).
Experienced Board: JEV's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JEV insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.4%.
Jericho Energy Ventures Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Jericho Energy Ventures Inc.
- Ticker: JEV
- Exchange: TSXV
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$200.570m
- Shares outstanding: 220.41m
- Website: https://jerichoenergyventures.com
- Jericho Energy Ventures Inc.
- 1055 West Georgia Street
- Suite 2100
- British Columbia
- V6E 3P3
Jericho Energy Ventures Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas fields in the United States. It also invests in hyd...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/28 02:32|
|End of Day Share Price||2021/07/27 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.