TSXV:PIPE

Stock Analysis Report

Pipestone Energy

Executive Summary

Pipestone Energy Corp. operates as an oil and gas exploration and development company.

Snowflake

Fundamentals

High growth potential and fair value.

Risks

  • Pipestone Energy has significant price volatility in the past 3 months.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

8.0%

TSXV:PIPE

1.4%

CA Oil and Gas

1.0%

CA Market


1 Year Return

n/a

TSXV:PIPE

-22.3%

CA Oil and Gas

-5.0%

CA Market

No trading data on PIPE.

No trading data on PIPE.


Share holder returns

PIPEIndustryMarket
7 Day8.0%1.4%1.0%
30 Day-13.6%-6.1%-2.8%
90 Day-37.6%-9.2%-1.7%
1 Yearn/a-18.9%-22.3%-1.7%-5.0%
3 Yearn/a-13.3%-21.9%14.7%4.4%
5 Yearn/a-35.0%-44.3%12.5%-3.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Pipestone Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).

Pipestone Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Pipestone Energy is loss making, we can't compare its value to the CA Oil and Gas industry average.

Pipestone Energy is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

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


Price Based on Value of Assets

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


Next Steps

Future Growth

How is Pipestone Energy expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

90.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Pipestone Energy's revenue is expected to grow significantly at over 20% yearly.

Pipestone Energy's earnings are expected to grow significantly at over 20% yearly.

Pipestone Energy's revenue growth is expected to exceed the Canada market average.

Pipestone Energy's earnings growth is expected to exceed the Canada market average.

Pipestone Energy's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Pipestone Energy performed over the past 5 years?

-760.4%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Pipestone Energy does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare Pipestone Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Pipestone Energy's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Pipestone Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Pipestone 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.


Return on Capital Employed

It is difficult to establish if Pipestone 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 Pipestone Energy's financial position?


Financial Position Analysis

Pipestone Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Pipestone Energy's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Pipestone Energy's level of debt (30.9%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Pipestone Energy's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.4x debt.


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.

Pipestone Energy has less than a year of cash runway based on current free cash flow.

Pipestone Energy has less than a year of cash runway if free cash flow continues to grow at historical rates of 67% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

Unable to evaluate Pipestone 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 Pipestone Energy has not reported any payouts.

Unable to verify if Pipestone 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 Pipestone Energy has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Pipestone Energy's dividends in 3 years as they are not expected to pay a notable one for Canada.


Next Steps

Management

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


CEO

Paul Wanklyn 0

0.0yrs

Tenure

0

Mr. Paul Wanklyn serves as President, Chief Executive Officer and Director of Pipestone Energy Corp. Mr. Wanklyn started his career at Canadian Hunter Exploration Ltd. in 1982 as an exploration geologist,  ...


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Bob Rosine

    Senior VP & COO

    • Tenure: 0.6yrs
  • Craig Nieboer

    Chief Financial Officer

    • Tenure: 0.5yrs
  • Paul Wanklyn

    President

    • Tenure: 0.0yrs
  • Dan van Kessel

    Vice President of Corporate Development

    • Tenure: 0.0yrs
  • Neal Ross

    Corporate Secretary

    • Tenure: 0.0yrs

Board Members

  • Geeta Sankappanavar

    Director

    • Tenure: 0.0yrs
  • Robert Tichio (42yo)

    Director

    • Tenure: 0.0yrs
  • John Rossall (58yo)

    Director

    • Tenure: 0.0yrs
  • Garth Braun (60yo)

    Board of Director

    • Tenure: 0.0yrs
  • Gordon Ritchie (66yo)

    Chairman of the Board

    • Tenure: 0.0yrs
  • Bill Lancaster

    Director

    • Tenure: 0.0yrs
  • Paul Wanklyn

    President

    • Tenure: 0.0yrs

Company Information

Pipestone Energy Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pipestone Energy Corp.
  • Ticker: PIPE
  • Exchange: TSXV
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$204.797m
  • Shares outstanding: 189.63m
  • Website: https://pipestonecorp.com

Location

  • Pipestone Energy Corp.
  • 1800, 421 7th Avenue SW
  • Calgary
  • Alberta
  • T2P 4K9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PIPETSXV (TSX Venture Exchange)YesShare CapitalCACADSep 2018
BKBE.FOTCPK (Pink Sheets LLC)YesShare CapitalUSUSDSep 2018
2LADB (Deutsche Boerse AG)YesShare CapitalDEEURSep 2018

Biography

Pipestone Energy Corp. operates as an oil and gas exploration and development company. The company is headquartered in Calgary, Alberta. Pipestone Energy Corp. is a subsidiary of Canadian Non-Operated Reso ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 00:44
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
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.