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Oracle Energy

TSXV:OEC
Snowflake Description

Worrying balance sheet with weak fundamentals.

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

Oracle Energy Corp., an exploration stage company, focuses on the acquisition, exploration, evaluation, and development of oil and gas properties. The last earnings update was 3 days ago. More info.


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  • Oracle Energy has significant price volatility in the past 3 months.
OEC Share Price and Events
7 Day Returns
0%
TSXV:OEC
1%
CA Oil and Gas
1.2%
CA Market
1 Year Returns
-82.1%
TSXV:OEC
-3.3%
CA Oil and Gas
4.1%
CA Market
OEC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Oracle Energy (OEC) 0% -16.7% -37.5% -82.1% -83.3% -96.9%
CA Oil and Gas 1% 2.8% 6.8% -3.3% -4.3% -31.2%
CA Market 1.2% 2.4% 7.9% 4.1% 15.3% 7.4%
1 Year Return vs Industry and Market
  • OEC underperformed the Oil and Gas industry which returned -3.3% over the past year.
  • OEC underperformed the Market in Canada which returned 4.1% over the past year.
Price Volatility
OEC
Industry
5yr Volatility vs Market

Value

 Is Oracle 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.

In this section, we usually try to help investors determine whether Oracle Energy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Oracle Energy has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Oracle Energy. This is due to cash flow or dividend data being unavailable. The share price is CA$0.025.
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 Oracle Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Oracle Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:OEC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.13
TSXV:OEC Share Price ** TSXV (2019-04-18) in CAD CA$0.03
Canada Oil and Gas Industry PE Ratio Median Figure of 67 Publicly-Listed Oil and Gas Companies 15.34x
Canada Market PE Ratio Median Figure of 556 Publicly-Listed Companies 15.29x

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

** Primary Listing of Oracle Energy.

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

= TSXV:OEC Share Price ÷ EPS (both in CAD)

= 0.03 ÷ -0.13

-0.2x

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

  • Oracle Energy is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Oracle Energy is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Oracle Energy's expected growth come at a high price?
Raw Data
TSXV:OEC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.2x
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 39 Publicly-Listed Oil and Gas Companies 0.66x
Canada Market PEG Ratio Median Figure of 257 Publicly-Listed Companies 1.21x

*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 Oracle Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Oracle Energy's assets?
Raw Data
TSXV:OEC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$-0.02
TSXV:OEC Share Price * TSXV (2019-04-18) in CAD CA$0.03
Canada Oil and Gas Industry PB Ratio Median Figure of 231 Publicly-Listed Oil and Gas Companies 0.94x
Canada Market PB Ratio Median Figure of 2,375 Publicly-Listed Companies 1.52x
TSXV:OEC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:OEC Share Price ÷ Book Value per Share (both in CAD)

= 0.03 ÷ -0.02

-1.55x

* Primary Listing of Oracle Energy.

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

  • Oracle Energy has negative assets, we can't compare the value of its assets to the CA Oil and Gas industry average.

Next steps:

  1. Take a look at our analysis of OEC’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. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Oracle Energy's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Oil and Gas industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Oracle 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. Oracle 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.

Future Performance

 How is Oracle 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 Oracle 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
19.6%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Oracle Energy expected to grow at an attractive rate?
  • Unable to compare Oracle Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Oracle Energy's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Oracle Energy's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:OEC Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 19.6%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:OEC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:OEC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -4 -5
2018-09-30 -3 -4
2018-06-30 -1 -1
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 -1
2016-12-31 0 -1
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Oracle Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Oracle 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:OEC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Oracle Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:OEC Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.13
2018-09-30 -0.15
2018-06-30 -0.05
2018-03-31 0.01
2017-12-31 -0.01
2017-09-30 -0.06
2017-06-30 -0.07
2017-03-31 -0.10
2016-12-31 -0.08
2016-09-30 -0.08
2016-06-30 -0.07
2016-03-31 -0.08

*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 Oracle 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 OEC’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. Oracle 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. Oracle 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 Oracle 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.
Oracle 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.

Past Performance

  How has Oracle 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 Oracle 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.
  • Oracle Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Oracle Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Oracle Energy's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Oracle 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 Oracle Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:OEC Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -5.23 5.11
2018-09-30 -3.88 4.03
2018-06-30 -0.68 0.87
2018-03-31 0.06 0.15
2017-12-31 -0.04 0.23
2017-09-30 -0.37 0.31
2017-06-30 -0.46 0.36
2017-03-31 -0.62 0.50
2016-12-31 -0.50 0.37
2016-09-30 -0.50 0.36
2016-06-30 -0.46 0.33
2016-03-31 -0.52 0.37
2015-12-31 -0.59 0.36
2015-09-30 -0.94 0.66
2015-06-30 -1.20 0.58
2015-03-31 -1.52 0.88
2014-12-31 -1.92 0.90
2014-09-30 -1.76 0.80
2014-06-30 -1.64 1.05
2014-03-31 -1.46 0.92
2013-12-31 -1.35 1.27
2013-09-30 -2.08 1.38
2013-06-30 -2.33 1.64
2013-03-31 -2.25 1.56
2012-12-31 -2.31 1.46
2012-09-30 -2.35 1.58
2012-06-30 -1.96 1.16

*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 Oracle Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Oracle 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 Oracle Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Oracle 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.
Oracle 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.

Health

 How is Oracle 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 Oracle Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Oracle Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Oracle Energy has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Oracle 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.
  • Low level of unsold assets.
  • Oracle Energy has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Oracle Energy Company Filings, last reported 3 months ago.

TSXV:OEC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -1.05 0.27 0.06
2018-09-30 -0.45 0.10 0.22
2018-06-30 1.50 0.14 0.92
2018-03-31 -1.09 1.23 0.54
2017-12-31 -1.79 1.19 0.02
2017-09-30 -2.01 1.16 0.00
2017-06-30 -1.91 1.12 0.00
2017-03-31 -1.98 1.01 0.01
2016-12-31 -1.75 0.90 0.00
2016-09-30 -1.64 0.85 0.01
2016-06-30 -1.46 0.79 0.01
2016-03-31 -1.36 0.76 0.02
2015-12-31 -1.25 0.74 0.05
2015-09-30 -1.14 0.71 0.05
2015-06-30 -1.00 0.65 0.08
2015-03-31 -0.85 0.56 0.14
2014-12-31 -0.69 0.46 0.22
2014-09-30 -0.34 0.41 0.13
2014-06-30 -0.44 0.35 0.30
2014-03-31 -0.40 0.24 0.01
2013-12-31 -0.81 0.25 0.04
2013-09-30 -1.03 0.19 0.01
2013-06-30 -0.84 0.19 0.08
2013-03-31 -0.71 0.17 0.02
2012-12-31 -0.87 0.17 0.16
2012-09-30 -0.76 0.18 0.00
2012-06-30 -0.45 0.10 0.01
  • Oracle Energy has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Oracle Energy's debt level has increased considering it has negative shareholder equity.
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.

  • Oracle Energy has less than a year of cash runway based on current free cash flow.
  • Oracle Energy has less than a year of cash runway if free cash flow continues to grow at historical rates of 119.6% each year.
X
Financial health checks
We assess Oracle 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. Oracle 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.

Dividends

 What is Oracle 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 Oracle Energy dividends.
If you bought CA$2,000 of Oracle 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 Oracle Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Oracle 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:OEC 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 37 Stocks 4.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.4%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Oracle Energy has not reported any payouts.
  • Unable to verify if Oracle Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Oracle Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Oracle 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 Oracle 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 Oracle Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Oracle 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.

Management

 What is the CEO of Oracle 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
Darrell McKenna
COMPENSATION CA$4,500
AGE 60
TENURE AS CEO 0.8 years
CEO Bio

Mr. Darrell McKenna is the Chief Executive Officer of Oracle Energy and Chairman of the Board of Directors. Mr. McKenna served as the Chief Operating Officer of Kosmos Energy Ltd., from January 3, 2012 to May 2, 2014. Mr. McKenna served as Vice President of Business Development at Energy Virtual Partners, Inc. He served as Vice President of Exploitation-New Business Development for Schlumberger Oil Field Services. In this role, he managed new business development activities for Schlumberger's North and South American group. He was responsible for identifying finance opportunities, determining target customers' needs, and negotiating offers to manage assets for E&P companies. Before joining Schlumberger, he was with Mobil where he was the General Manager of Brazil with New Exploration and Producing Ventures. Managing a staff of 120 in Rio de Janeiro and Dallas, he established a starting position in Brazil for Mobil by participating in the first ANP Bid Round, and signing two deepwater joint ventures. Prior to his Brazil assignment, he held similar business development positions with Mobil in Vietnam and the Asia Pacific region. His career with Mobil began in Canada, where he was a production engineer and group leader in the EOR production facilities for thermal recovery projects in Canada's heavy oil properties. In that capacity, he also planned and executed workovers and evaluations of EOR injectors and producing wells. He serves as a Director of Oracle Energy Corp. since May 2014. Mr. McKenna holds a B.Sc. degree in Petroleum Engineering from the Montana School of Mineral Science and Technology, and a Diploma in Petroleum Technology from Southern Alberta Institute of Technology.

CEO Compensation
  • Darrell's compensation has been consistent with company performance over the past year.
  • Darrell's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Oracle Energy management team in years:

0.8
Average Tenure
  • The average tenure for the Oracle Energy management team is less than 2 years, this suggests a new team.
Management Team

Darrell McKenna

TITLE
CEO & Chairman of the Board
COMPENSATION
CA$5K
AGE
60
TENURE
0.8 yrs

Mark Forster

TITLE
Interim Chief Financial Officer
COMPENSATION
CA$29K
TENURE
2.9 yrs

Art Green

TITLE
Senior Advisor & Director
COMPENSATION
CA$5K
TENURE
0.8 yrs

Nasim Tyab

TITLE
Founder
AGE
58

Reese Mitchell

TITLE
Senior Vice President of Operations
TENURE
0.6 yrs

Gordon Fretwell

TITLE
Corporate Secretary
TENURE
4.5 yrs
Board of Directors Tenure

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

11.8
Average Tenure
60
Average Age
  • The average tenure for the Oracle Energy board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Darrell McKenna

TITLE
CEO & Chairman of the Board
COMPENSATION
CA$5K
AGE
60

James Ladner

TITLE
Independent Director
COMPENSATION
CA$15K
AGE
78
TENURE
11.8 yrs

Art Green

TITLE
Senior Advisor & Director
COMPENSATION
CA$5K
TENURE
10.9 yrs

Nasim Tyab

TITLE
Founder
AGE
58
TENURE
19.1 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$) Value (CA$)
20. Aug 18 Buy Art Green Individual 15. Jun 18 15. Jun 18 20,583 CA$0.12 CA$2,367
03. Jul 18 Buy Nasim Tyab Individual 05. Jun 18 05. Jun 18 261,443 CA$0.12 CA$30,066
05. Jun 18 Buy Art Green Individual 01. May 18 01. May 18 3,070,107 CA$0.08 CA$230,258
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Management checks
We assess Oracle 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. Oracle 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.

News

Simply Wall St News

Should You Be Tempted To Sell Oracle Energy Corp (CVE:OEC) Because Of Its PE Ratio?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to begin learning the link between Oracle Energy Corp (CVE:OEC)’s fundamentals and stock market performance. … While this makes OEC appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio

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What You Must Know About Oracle Energy Corp's (CVE:OEC) Major Investors

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in OEC should also look at another important group of investors: private companies, with a stake of 29.04%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership in OEC is not at a level that would concern investors.

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Does Oracle Energy Corp's (CVE:OEC) CEO Salary Compare Well With Others?

Therefore I will use earnings as a proxy of Francis's performance in the past year. … In the past year, OEC delivered negative earnings of -CA$371.20K. … Typically I'd use market cap and profit as factors determining performance, however, OEC's negative earnings lower the usefulness of my formula.

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Oracle Energy Corp (CVE:OEC): How Does It Impact Your Portfolio?

Generally, an investor should consider two types of risk that impact the market value of OEC. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

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Who Are The Major Shareholders Of Oracle Energy Corp (CVE:OEC)?

The company hardly has institutions in its ownership structure, indicating limited concern for investors to worry about potential sell-offs that could arise due to extensive liquidation. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Thus, investors not need worry too much about the consequences of these holdings.What this means for you: With a low level of institutional ownership, investors in OEC need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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Is Oracle Energy Corp (TSXV:OEC) An Industry Laggard Or Leader?

However, energy-sector analysts are forecasting for the entire industry, a strong double-digit growth of 24.12% in the upcoming year , and a massive triple-digit earnings growth over the next couple of years. … Not surprisingly, this rate is more than double the growth rate of the Canadian stock market as a whole. … Over the past year, the industry saw negative growth of -0.30%, underperforming the Canadian market growth of 8.26%.

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How Should You Think About Oracle Energy Corp's (TSXV:OEC) Risks?

Check out our latest analysis for Oracle Energy What is OEC’s market risk? … With a beta of 1.01, Oracle Energy is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … I test OEC’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.

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Company Info

Description

Oracle Energy Corp., an exploration stage company, focuses on the acquisition, exploration, evaluation, and development of oil and gas properties. The company was incorporated in 1985 and is headquartered in Vancouver, Canada.

Details
Name: Oracle Energy Corp.
OEC
Exchange: TSXV
Founded: 1985
CA$1,683,065
67,322,600
Website: http://www.oracleenergy.com
Address: Oracle Energy Corp.
1040 West Georgia Street,
Suite 1500,
Vancouver,
British Columbia, V6E 4H1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV OEC Common Shares TSX Venture Exchange CA CAD 25. Nov 1999
OTCPK OECC.F Common Shares Pink Sheets LLC US USD 25. Nov 1999
DB O2EM Common Shares Deutsche Boerse AG DE EUR 25. Nov 1999
Number of employees
Current staff
Staff numbers
0
Oracle Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 23:39
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/04/16
Last earnings reported: 2018/12/31
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.