TSXV:KUB

Stock Analysis Report

Executive Summary

Cub Energy Inc. explores for, develops, and produces oil and gas.

Snowflake

Fundamentals

Acceptable track record and slightly overvalued.

Risks

  • Cub Energy has significant price volatility in the past 3 months.
  • Cub Energy is not covered by any analysts.

Similar Companies

Share Price & News

How has Cub Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-9.1%

TSXV:KUB

-1.4%

CA Oil and Gas

-1.4%

CA Market


1 Year Return

185.7%

TSXV:KUB

-21.8%

CA Oil and Gas

-4.4%

CA Market

KUB outperformed the Oil and Gas industry which returned -21.8% over the past year.

KUB outperformed the Market in Canada which returned -4.4% over the past year.


Share holder returns

KUBIndustryMarket
7 Day-9.1%-1.4%-1.4%
30 Day17.6%-7.0%-2.7%
90 Day25.0%-12.5%-3.1%
1 Year185.7%185.7%-18.4%-21.8%-1.0%-4.4%
3 Year300.0%300.0%-15.2%-23.6%13.4%3.4%
5 Year-9.1%-9.1%-34.5%-44.0%12.5%-3.3%

Price Volatility Vs. Market

How volatile is Cub Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cub Energy undervalued based on future cash flows and its price relative to the stock market?

7.25x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Cub Energy to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Cub Energy to establish if it is available at substantial discount.


Price Based on Earnings

Cub Energy is good value based on earnings compared to the CA Oil and Gas industry average.

Cub Energy is good value based on earnings compared to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Cub Energy, we can't assess if its growth is good value.


Price Based on Value of Assets

Cub Energy is overvalued based on assets compared to the CA Oil and Gas industry average.


Next Steps

Future Growth

How is Cub Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-28.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Cub Energy is high growth as no revenue estimate data is available.

Cub Energy's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Cub Energy's revenue growth to the Canada market average as no estimate data is available.

Cub Energy's earnings are expected to decrease over the next 1-3 years, this is below the Canada market average.

Cub Energy's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Cub Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Cub Energy performed over the past 5 years?

25.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Cub Energy has delivered over 20% year on year earnings growth in the past 5 years.

Cub Energy has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Cub Energy has become profitable in the last year making it difficult to compare the CA Oil and Gas industry average.


Return on Equity

Cub Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Cub Energy used its assets more efficiently than the CA Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Cub Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Cub Energy's financial position?


Financial Position Analysis

Cub Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Cub Energy's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Cub Energy's level of debt (74.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (1.6% vs 74.6% today).

Debt is not well covered by operating cash flow (11.9%, less than 20% of total debt).

Unable to confirm if the interest payments on Cub Energy's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.3x debt.


Next Steps

Dividend

What is Cub Energy's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Cub Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Cub Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Cub Energy has not reported any payouts.

Unable to verify if Cub Energy's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Cub Energy has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Cub Energy's salary, the management and board of directors tenure and is there insider trading?

5.9yrs

Average management tenure


CEO

Mikhail Afendikov (53yo)

7.7yrs

Tenure

US$330,000

Compensation

Mr. Mikhail Afendikov has been Chief Executive Officer of CUB Energy Inc. since March 20, 2012 and its Executive Chairman since March 2012. Mr. Afendikov has been the Chief Executive Officer of Gastek LLC  ...


CEO Compensation Analysis

Mikhail's remuneration is higher than average for companies of similar size in Canada.

Mikhail's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

5.9yrs

Average Tenure

52yo

Average Age

The average tenure for the Cub Energy management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

6.7yrs

Average Tenure

58yo

Average Age

The tenure for the Cub Energy board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Rob Bensh (52yo)

    Consultant

    • Compensation: $801.36k
  • Patrick McGrath (48yo)

    Chief Financial Officer

    • Tenure: 5.9yrs
    • Compensation: $199.78k
  • Kerry Kendrick

    Chief Operating Officer

    • Tenure: 2.3yrs
    • Compensation: $240.00k
  • Rebecca Gottsegen

    Chief Compliance Officer

    • Tenure: 5.9yrs
    • Compensation: $252.64k
  • Mikhail Afendikov (53yo)

    Executive Chairman & CEO

    • Tenure: 7.7yrs
    • Compensation: $330.00k

Board Members

  • Jules Mermoud (63yo)

    Independent Director

    • Tenure: 7.1yrs
    • Compensation: $77.18k
  • John Booth (53yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: $77.18k
  • Tim Marchant (68yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: $77.18k
  • Mikhail Afendikov (53yo)

    Executive Chairman & CEO

    • Tenure: 7.7yrs
    • Compensation: $330.00k

Company Information

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


Key Information

  • Name: Cub Energy Inc.
  • Ticker: KUB
  • Exchange: TSXV
  • Founded: 2008
  • Industry: oil and gas exploration and production
  • Sector: energy
  • Market Cap: CA$31.422m
  • Shares outstanding: 314.22m
  • Website: Click here

Number of Employees


Location

  • Cub Energy Inc.
  • 5120 Woodway Drive
  • Suite 10010
  • Houston
  • Texas
  • 77056
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KUBTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2012
TPNE.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2012
P36DB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2012

Biography

Cub Energy Inc. explores for, develops, and produces oil and gas. As of December 31, 2018, the company had 9 licenses with approximately 142,000 net acres in Transcarpathian and Dnieper-Donets basins in Uk ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 00:27
End of Day Share Price2019/08/16 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.