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Madalena Energy

TSXV:MVN
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MVN
TSXV
CA$65M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Madalena Energy Inc., an upstream oil and gas company, explores for, develops, and produces crude oil, natural gas liquids, and natural gas. The last earnings update was 10 days ago. More info.


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  • Madalena Energy has significant price volatility in the past 3 months.
MVN Share Price and Events
7 Day Returns
-4%
TSXV:MVN
-3.5%
CA Oil and Gas
-1.7%
CA Market
1 Year Returns
-45.5%
TSXV:MVN
-11.3%
CA Oil and Gas
-2.4%
CA Market
MVN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Madalena Energy (MVN) -4% -4% -17.2% -45.5% -25% -81%
CA Oil and Gas -3.5% -7.9% -2.6% -11.3% -11.4% -36.3%
CA Market -1.7% -3.5% -0.2% -2.4% 10.4% 3.7%
1 Year Return vs Industry and Market
  • MVN underperformed the Oil and Gas industry which returned -11.3% over the past year.
  • MVN underperformed the Market in Canada which returned -2.4% over the past year.
Price Volatility
MVN
Industry
5yr Volatility vs Market

MVN Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Madalena Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Madalena Energy.

TSXV:MVN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.8%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSXV:MVN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.955 (1 + (1- 26.5%) (3.68%))
0.987
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (0.987 * 5.96%)
7.83%

Discounted Cash Flow Calculation for TSXV:MVN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Madalena Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSXV:MVN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.83%)
2019 0.36 Est @ -6.58% 0.34
2020 0.35 Est @ -4.02% 0.30
2021 0.34 Est @ -2.23% 0.27
2022 0.34 Est @ -0.98% 0.25
2023 0.34 Est @ -0.1% 0.23
2024 0.34 Est @ 0.51% 0.21
2025 0.34 Est @ 0.94% 0.20
2026 0.34 Est @ 1.24% 0.19
2027 0.35 Est @ 1.46% 0.18
2028 0.36 Est @ 1.6% 0.17
Present value of next 10 years cash flows $2.33
TSXV:MVN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $0.36 × (1 + 1.95%) ÷ (7.83% – 1.95%)
$6.16
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $6.16 ÷ (1 + 7.83%)10
$2.90
TSXV:MVN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2.33 + $2.90
$5.23
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5.23 / 544.06
$0.01
TSXV:MVN Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSXV:MVN)
1.345
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $0.01 x 1.345
CA$0.01
Value per share (CAD) From above. CA$0.01
Current discount Discount to share price of CA$0.12
= -1 x (CA$0.12 - CA$0.01) / CA$0.01
-827.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Madalena Energy is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Madalena Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Madalena Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:MVN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.01
TSXV:MVN Share Price ** TSXV (2019-05-24) in CAD CA$0.12
TSXV:MVN Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.743 $0.09
Canada Oil and Gas Industry PE Ratio Median Figure of 57 Publicly-Listed Oil and Gas Companies 13.87x
Canada Market PE Ratio Median Figure of 544 Publicly-Listed Companies 14.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Madalena Energy.

TSXV:MVN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:MVN Share Price ÷ EPS (both in USD)

= 0.09 ÷ -0.01

-15.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Madalena Energy is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Madalena Energy is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Madalena Energy's expected growth come at a high price?
Raw Data
TSXV:MVN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -15.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Oil and Gas Industry PEG Ratio Median Figure of 36 Publicly-Listed Oil and Gas Companies 0.91x
Canada Market PEG Ratio Median Figure of 250 Publicly-Listed Companies 1.14x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Madalena Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Madalena Energy's assets?
Raw Data
TSXV:MVN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.06
TSXV:MVN Share Price * TSXV (2019-05-24) in CAD CA$0.12
TSXV:MVN Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.743 $0.09
Canada Oil and Gas Industry PB Ratio Median Figure of 225 Publicly-Listed Oil and Gas Companies 0.83x
Canada Market PB Ratio Median Figure of 2,405 Publicly-Listed Companies 1.41x
TSXV:MVN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:MVN Share Price ÷ Book Value per Share (both in USD)

= 0.09 ÷ 0.06

1.4x

* Primary Listing of Madalena Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Madalena Energy is overvalued based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Madalena Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Madalena Energy has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MVN Future Performance

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

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 Madalena Energy 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.7%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Madalena Energy expected to grow at an attractive rate?
  • Unable to compare Madalena Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Madalena Energy's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Madalena Energy's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:MVN Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 7.7%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:MVN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:MVN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSXV:MVN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 29 3 -3
2018-12-31 31 4 -3
2018-09-30 31 4 -26
2018-06-30 32 3 -29
2018-03-31 31 -3 -31
2017-12-31 32 -5 -34
2017-09-30 33 -4 -24
2017-06-30 35 -3 -31
2017-03-31 38 5 -29
2016-12-31 42 13 -32
2016-09-30 48 22 -35
2016-06-30 56 28 -14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Madalena Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Madalena Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:MVN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Madalena Energy Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MVN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSXV:MVN Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 -0.05
2018-06-30 -0.05
2018-03-31 -0.06
2017-12-31 -0.06
2017-09-30 -0.04
2017-06-30 -0.06
2017-03-31 -0.05
2016-12-31 -0.06
2016-09-30 -0.06
2016-06-30 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Madalena Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of MVN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Madalena Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Madalena Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Madalena Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Madalena Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MVN Past Performance

  How has Madalena Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Madalena Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Madalena Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Madalena Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Madalena Energy's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Madalena Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Madalena Energy Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:MVN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 29.04 -3.18 7.60
2018-12-31 30.89 -3.17 7.21
2018-09-30 30.93 -25.78 7.32
2018-06-30 32.07 -29.22 7.44
2018-03-31 31.45 -31.15 7.72
2017-12-31 31.93 -33.80 8.32
2017-09-30 33.37 -23.83 9.45
2017-06-30 34.94 -30.83 10.15
2017-03-31 38.33 -28.88 11.39
2016-12-31 42.11 -32.10 11.41
2016-09-30 48.49 -35.21 10.99
2016-06-30 56.48 -14.00 11.32
2016-03-31 64.23 -13.66 10.95
2015-12-31 68.51 -6.16 11.34
2015-09-30 80.17 -22.47 13.44
2015-06-30 81.42 -31.22 14.30
2015-03-31 69.03 -31.06 12.78
2014-12-31 56.64 -31.83 11.04
2014-09-30 40.21 -21.98 8.88
2014-06-30 21.16 -22.58 5.62
2014-03-31 16.35 -18.73 4.97
2013-12-31 14.67 -21.92 6.21
2013-09-30 12.78 -7.48 6.56
2013-06-30 9.98 -8.06 6.78
2013-03-31 7.29 -9.85 7.38
2012-12-31 4.68 -8.89 6.37
2012-09-30 2.64 -5.60 6.39
2012-06-30 1.57 -4.82 5.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Madalena Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Madalena Energy has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Madalena Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Madalena Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Madalena Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MVN Health

 How is Madalena Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Madalena Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Madalena Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Madalena Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Madalena Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Madalena Energy Company Filings, last reported 1 month ago.

TSXV:MVN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 34.73 1.79 0.47
2018-12-31 35.25 1.25 0.78
2018-09-30 31.87 2.14 0.31
2018-06-30 33.98 2.62 1.27
2018-03-31 36.87 1.41 0.80
2017-12-31 37.00 1.27 1.20
2017-09-30 55.95 1.28 1.84
2017-06-30 61.36 1.21 2.95
2017-03-31 70.92 1.17 5.94
2016-12-31 70.26 2.76 4.07
2016-09-30 79.89 3.69 2.87
2016-06-30 92.34 4.54 4.37
2016-03-31 95.22 4.37 5.81
2015-12-31 100.09 5.92 9.27
2015-09-30 114.12 11.64 22.05
2015-06-30 110.73 11.36 12.26
2015-03-31 115.59 1.93 11.02
2014-12-31 117.02 0.00 11.57
2014-09-30 145.48 0.00 19.93
2014-06-30 141.19 0.00 15.80
2014-03-31 85.52 0.00 23.79
2013-12-31 74.37 0.00 13.96
2013-09-30 89.08 0.00 10.30
2013-06-30 84.72 0.00 10.49
2013-03-31 88.28 0.00 23.64
2012-12-31 92.69 0.00 38.38
2012-09-30 99.53 0.00 60.59
2012-06-30 99.34 0.00 63.58
  • Madalena Energy's level of debt (5.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 5.1% today).
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.

  • Madalena Energy has less than a year of cash runway based on current free cash flow.
  • Madalena Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -7.8% each year.
X
Financial health checks
We assess Madalena Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Madalena Energy has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MVN Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Madalena Energy dividends.
If you bought CA$2,000 of Madalena Energy shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Madalena Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Madalena Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:MVN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 4.6%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:MVN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Madalena Energy has not reported any payouts.
  • Unable to verify if Madalena Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Madalena Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Madalena 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.
X
Income/ dividend checks
We assess Madalena Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Madalena Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Madalena Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MVN Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jose Penafiel
COMPENSATION $299,487
TENURE AS CEO 2 years
CEO Bio

Mr. Jose David Penafiel has been Chief Executive Officer and President at Madalena Energy Inc. since May 08, 2017. Mr. Penafiel previously managed Hispania Petroleum and its predecessor for 10 years. He served as Chief Executive Officer of the Hispania group. He has also managed gasoline and diesel distribution operations in Ecuador and Guatemala for the Hispania group. He led the efforts to consolidate the group's Argentine and Russian upstream assets in Hispania. Mr. Penafiel headed Hispania's Argentine operations out of Buenos Aires for 7 years as General Manager. He was a Director at Madalena Energy Inc. since May 8, 2017 until May 2018. He served as Director of Permtotineft, Hispania's joint venture with Lukoil. Mr. Penafiel is a graduate of the University of Oxford where he studied Politics, Philosophy and Economics (PPE).

CEO Compensation
  • Insufficient data for Jose to compare compensation growth.
  • Jose's remuneration is higher than average for companies of similar size in Canada.
Management Team

Jose Penafiel

TITLE
CEO, President & Director
COMPENSATION
$299K
TENURE
2 yrs

Ezequiel Ariet

TITLE
Chief Financial Officer
COMPENSATION
$258K
TENURE
1.8 yrs

Alejandro Penafiel

TITLE
VP of Growth & Capital and Director
Board of Directors Tenure

Average tenure and age of the Madalena Energy board of directors in years:

1.8
Average Tenure
65
Average Age
  • The average tenure for the Madalena Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gus Halas

TITLE
Non-Executive Chairman
COMPENSATION
$50K
AGE
67
TENURE
1.6 yrs

Jose Penafiel

TITLE
CEO, President & Director
COMPENSATION
$299K
TENURE
2 yrs

Alejandro Penafiel

TITLE
VP of Growth & Capital and Director
TENURE
2 yrs

Eric Mark

TITLE
Independent Director
COMPENSATION
$56K
TENURE
3.2 yrs

Ralph Gillcrist

TITLE
Independent Director
TENURE
1.7 yrs

Leonardo Madcur

TITLE
Independent Director
AGE
48
TENURE
1.7 yrs

Barry Larson

TITLE
Director
COMPENSATION
$38K
AGE
65
TENURE
8.8 yrs

A. Etcheverry

TITLE
Independent Director
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
01. Jan 19 Buy Ezequiel Ariet Individual 31. Dec 18 31. Dec 18 114,800 CA$0.17 CA$19,263
21. Dec 18 Buy Ralph Gillcrist Individual 21. Dec 18 21. Dec 18 71,000 CA$0.15 CA$10,650
14. Dec 18 Buy Alejandro Penafiel Individual 10. Dec 18 13. Dec 18 345,000 CA$0.19 CA$65,478
14. Dec 18 Buy Jose Penafiel Individual 10. Dec 18 13. Dec 18 345,000 CA$0.19 CA$65,478
06. Dec 18 Buy Eric Mark Individual 06. Dec 18 06. Dec 18 30,000 CA$0.14 CA$4,350
30. Nov 18 Buy Eric Mark Individual 30. Nov 18 30. Nov 18 23,000 CA$0.15 CA$3,416
21. Nov 18 Buy Eric Mark Individual 19. Nov 18 19. Nov 18 27,000 CA$0.15 CA$4,020
02. Aug 18 Buy Maglan Capital LP Company 30. Jul 18 30. Jul 18 501,000 CA$0.22 CA$110,220
03. Jul 18 Buy Maglan Capital LP Company 29. Jun 18 29. Jun 18 124,500 CA$0.22 CA$27,390
27. Jun 18 Buy Maglan Capital LP Company 27. Jun 18 27. Jun 18 123,000 CA$0.22 CA$27,060
01. Jun 18 Buy Maglan Capital LP Company 30. May 18 30. May 18 235,000 CA$0.21 CA$49,350
X
Management checks
We assess Madalena Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Madalena Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MVN News

Simply Wall St News

Should You Be Concerned About Madalena Energy Inc.'s (CVE:MVN) Historical Volatility?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … To use beta as an investor, you must first understand that the overall market has a beta of one. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Are Insiders Buying Madalena Energy Inc. (CVE:MVN) Stock?

So shareholders might well want to know whether insiders have been buying or selling shares in Madalena Energy Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In the last twelve months there was more buying than selling by Madalena Energy insiders

Simply Wall St -

Have Insiders Been Buying Madalena Energy Inc. (CVE:MVN) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Madalena Energy Inc. … Madalena Energy Insider Transactions Over The Last Year. … In the last twelve months there was more buying than selling by Madalena Energy insiders

Simply Wall St -

How Financially Strong Is Madalena Energy Inc (CVE:MVN)?

Madalena Energy Inc (CVE:MVN) is a small-cap stock with a market capitalization of CA$125.13m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Companies operating in the Oil and Gas industry,

Simply Wall St -

MVN Company Info

Description

Madalena Energy Inc., an upstream oil and gas company, explores for, develops, and produces crude oil, natural gas liquids, and natural gas. The company holds approximately 950,000 net acres located in Argentina. Its primary producing concessions include Surubi, Puesto Morales, and Palmar Largo. The company was formerly known as Madalena Ventures Inc. and changed its name to Madalena Energy Inc. in August 2013. Madalena Energy Inc. is headquartered in Calgary, Alberta.

Details
Name: Madalena Energy Inc.
MVN
Exchange: TSXV
Founded:
CA$65,287,144
544,059,537
Website: http://www.madalenaenergy.com
Address: Madalena Energy Inc.
Dome Tower,
Suite 1600,
Calgary,
Alberta, T2P 2Z1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV MVN Common Shares TSX Venture Exchange CA CAD 16. Feb 2007
OTCPK MDLN.F Common Shares Pink Sheets LLC US USD 16. Feb 2007
DB 72M Common Shares Deutsche Boerse AG DE EUR 16. Feb 2007
Number of employees
Current staff
Staff numbers
93
Madalena Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 00:06
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2018/03/06
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.