TSXV:LXE

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Leucrotta Exploration

Executive Summary

Leucrotta Exploration Inc., an oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas reserves in northeastern British Columbia, Canada. More Details


Snowflake Analysis

Fair value with worrying balance sheet.

Share Price & News

How has Leucrotta Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LXE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: LXE's weekly volatility has decreased from 14% to 7% over the past year.


Market Performance


7 Day Return

-5.9%

LXE

-0.2%

CA Oil and Gas

-0.2%

CA Market


1 Year Return

11.1%

LXE

-23.3%

CA Oil and Gas

2.4%

CA Market

Return vs Industry: LXE exceeded the Canadian Oil and Gas industry which returned -23.3% over the past year.

Return vs Market: LXE exceeded the Canadian Market which returned 2.4% over the past year.


Shareholder returns

LXEIndustryMarket
7 Day-5.9%-0.2%-0.2%
30 Day11.1%5.9%2.8%
90 Day23.1%26.7%15.1%
1 Year11.1%11.1%-18.9%-23.3%6.1%2.4%
3 Year-52.9%-52.9%-19.8%-29.7%14.7%3.8%
5 Year-13.0%-13.0%-0.8%-18.5%62.6%37.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Leucrotta Exploration undervalued compared to its fair value and its price relative to the market?

35.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LXE (CA$0.8) is trading below our estimate of fair value (CA$1.24)

Significantly Below Fair Value: LXE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LXE is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.

PE vs Market: LXE 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 LXE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LXE is good value based on its PB Ratio (0.8x) compared to the CA Oil and Gas industry average (1.2x).


Next Steps

Future Growth

How is Leucrotta Exploration forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

118.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LXE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LXE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LXE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LXE's revenue is expected to decline over the next 3 years (-0.04% per year).

High Growth Revenue: LXE's revenue is forecast to decline over the next 3 years (-0.04% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LXE is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Leucrotta Exploration performed over the past 5 years?

-63.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LXE is currently unprofitable.

Growing Profit Margin: LXE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LXE is unprofitable, and losses have increased over the past 5 years at a rate of 63.9% per year.

Accelerating Growth: Unable to compare LXE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LXE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-52.6%).


Return on Equity

High ROE: LXE has a negative Return on Equity (-50.22%), as it is currently unprofitable.


Next Steps

Financial Health

How is Leucrotta Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: LXE's short term assets (CA$3.4M) do not cover its short term liabilities (CA$7.8M).

Long Term Liabilities: LXE's short term assets (CA$3.4M) do not cover its long term liabilities (CA$15.2M).


Debt to Equity History and Analysis

Debt Level: LXE's debt to equity ratio (2.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if LXE'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: LXE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LXE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Leucrotta Exploration current dividend yield, its reliability and sustainability?

14.03%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LXE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LXE'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 LXE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LXE'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 LXE'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?

6.5yrs

Average management tenure


CEO

Rob Zakresky (53 yo)

6.58yrs

Tenure

CA$308,500

Compensation

Mr. Robert John Zakresky, also known as Rob, CA, has been the President and Chief Executive Officer of Leucrotta Exploration Inc. since June 10, 2014. Mr. Zakresky served as the Chief Executive Officer and...


CEO Compensation Analysis

Compensation vs Market: Rob's total compensation ($USD241.81K) is above average for companies of similar size in the Canadian market ($USD152.60K).

Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Zakresky
President6.58yrsCA$308.50k2.67%
CA$ 4.4m
Nolan Chicoine
VP of Finance & CFO6.58yrsCA$245.25k0.41%
CA$ 670.1k
Terry Trudeau
VP of Operations & COO6.5yrsCA$313.16k1.02%
CA$ 1.7m
Richard Sereda
Senior Vice President of Exploration6.5yrsCA$256.18k0.52%
CA$ 852.2k
Helmut Eckert
Vice President of Land6.5yrsCA$245.25k0.69%
CA$ 1.1m
Peter James Cochrane
Vice President of Engineering6.5yrsCA$244.23k0.42%
CA$ 685.8k
Gregory Peterson
Corporate Secretary6.5yrsno data0.024%
CA$ 38.9k

6.5yrs

Average Tenure

Experienced Management: LXE's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Zakresky
President6.58yrsCA$308.50k2.67%
CA$ 4.4m
Tom Medvedic
Independent Director6.5yrsCA$25.00k0.073%
CA$ 120.6k
Kelvin Johnston
Independent Director6.5yrsCA$25.00k0.17%
CA$ 271.5k
Daryl Gilbert
Independent Chairman of the Boardno dataCA$30.00k0.40%
CA$ 658.8k
Donald Cowie
Independent Director6.5yrsCA$25.00k0.10%
CA$ 171.3k
Brian Krausert
Independent Director6.5yrsCA$25.00k0.24%
CA$ 396.0k
Josef Vejvoda
Director1yrno data0.070%
CA$ 115.8k
William Lancaster
Director1yrno datano data

6.5yrs

Average Tenure

60yo

Average Age

Experienced Board: LXE's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: LXE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Leucrotta Exploration Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Leucrotta Exploration Inc.
  • Ticker: LXE
  • Exchange: TSXV
  • Founded: 2014
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$164.431m
  • Shares outstanding: 200.53m
  • Website: https://www.leucrotta.ca

Number of Employees


Location

  • Leucrotta Exploration Inc.
  • 639–5th Avenue S.W.
  • Suite 700
  • Calgary
  • Alberta
  • T2P 0M9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LXETSXV (TSX Venture Exchange)YesVoting Common SharesCACADAug 2014
LCRT.FOTCPK (Pink Sheets LLC)YesVoting Common SharesUSUSDAug 2014
1L4DB (Deutsche Boerse AG)YesVoting Common SharesDEEURAug 2014

Biography

Leucrotta Exploration Inc., an oil and natural gas company, acquires, explores for, develops, and produces oil and natural gas reserves in northeastern British Columbia, Canada. It holds approximately 90,2...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/25 23:37
End of Day Share Price2021/01/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.