TSXV:JEV

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Jericho Energy Ventures

Market Cap

CA$200.6m

Last Updated

2021/07/28 02:32 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

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.


Market Performance


7 Day Return

19.7%

JEV

1.9%

CA Oil and Gas

1.2%

CA Market


1 Year Return

600.0%

JEV

35.6%

CA Oil and Gas

27.8%

CA Market

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.


Shareholder returns

JEVIndustryMarket
7 Day19.7%1.9%1.2%
30 Day7.1%-7.0%-1.5%
90 Day1.1%5.4%2.1%
1 Year600.0%600.0%42.7%35.6%31.7%27.8%
3 Year40.0%40.0%-7.5%-19.0%29.5%17.0%
5 Year102.2%102.2%3.2%-15.4%51.9%29.6%

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

Valuation

Is Jericho Energy Ventures undervalued compared to its fair value and its price relative to the market?

7.82x

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).


Future Growth

How is Jericho Energy Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.2%

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.


Past Performance

How has Jericho Energy Ventures performed over the past 5 years?

-50.3%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average management tenure


CEO

Brian Williamson

3.92yrs

Tenure

CA$473,920

Compensation

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...


Leadership Team

Experienced Management: JEV's management team is considered experienced (3.9 years average tenure).


Board Members

Experienced Board: JEV's board of directors are considered experienced (7.2 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.4%.


Top Shareholders

Company Information

Jericho Energy Ventures Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Jericho Energy Ventures Inc.
  • 1055 West Georgia Street
  • Suite 2100
  • Vancouver
  • British Columbia
  • V6E 3P3
  • Canada

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/28 02:32
End of Day Share Price2021/07/27 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.