Pipestone Energy Corp. operates as an oil and gas exploration and development company.
High growth potential and fair value.
Share Price & News
How has Pipestone Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PIPE's share price has been volatile over the past 3 months.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: PIPE underperformed the Canadian Oil and Gas industry which returned -0.7% over the past year.
Return vs Market: PIPE underperformed the Canadian Market which returned 4.7% over the past year.
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
1 month ago | Simply Wall StCan We See Significant Institutional Ownership On The Pipestone Energy Corp. (CVE:PIPE) Share Register?
2 months ago | Simply Wall StRead This Before Selling Pipestone Energy Corp. (CVE:PIPE) Shares
4 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Pipestone Energy Corp. (CVE:PIPE)?
Is Pipestone Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PIPE (CA$1.26) is trading below our estimate of fair value (CA$22.19)
Significantly Below Fair Value: PIPE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PIPE is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: PIPE 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 PIPE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PIPE is good value based on its PB Ratio (0.6x) compared to the CA Oil and Gas industry average (0.6x).
How is Pipestone Energy forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PIPE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.4%).
Earnings vs Market: PIPE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PIPE's is expected to become profitable in the next 3 years.
Revenue vs Market: PIPE's revenue (80.7% per year) is forecast to grow faster than the Canadian market (4.7% per year).
High Growth Revenue: PIPE's revenue (80.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PIPE's Return on Equity is forecast to be high in 3 years time
How has Pipestone Energy performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: PIPE is currently unprofitable.
Growing Profit Margin: PIPE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if PIPE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare PIPE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PIPE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (4.1%).
Return on Equity
High ROE: PIPE has a negative Return on Equity (-2.73%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Pipestone Energy's financial position?
Financial Position Analysis
Short Term Liabilities: PIPE's short term assets (CA$66.7M) exceed its short term liabilities (CA$45.8M).
Long Term Liabilities: PIPE's short term assets (CA$66.7M) do not cover its long term liabilities (CA$178.8M).
Debt to Equity History and Analysis
Debt Level: PIPE's debt to equity ratio (41.6%) is considered high.
Reducing Debt: Insufficient data to determine if PIPE's debt to equity ratio has reduced over the past 5 years.
Inventory Level: PIPE has a high level of physical assets or inventory.
Debt Coverage by Assets: PIPE's 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.
Stable Cash Runway: PIPE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PIPE has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of -69.9% each year.
What is Pipestone Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PIPE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PIPE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PIPE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PIPE'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 PIPE's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Paul Wanklyn 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, ...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PIPE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.3%.
Pipestone Energy Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Pipestone Energy Corp.
- Ticker: PIPE
- Exchange: TSXV
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$239.184m
- Shares outstanding: 189.83m
- Website: https://pipestonecorp.com
- Pipestone Energy Corp.
- 3700, 888 – 3rd Street SW
- T2P 5C5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PIPE||TSXV (TSX Venture Exchange)||Yes||Share Capital||CA||CAD||Sep 2018|
|BKBE.F||OTCPK (Pink Sheets LLC)||Yes||Share Capital||US||USD||Sep 2018|
|2LA||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Sep 2018|
|0ULT||LSE (London Stock Exchange)||Yes||Share Capital||GB||CAD||Sep 2018|
Pipestone Energy Corp. operates as an oil and gas exploration and development company. The company is headquartered in Calgary, Canada. Pipestone Energy Corp. is a subsidiary of Canadian Non-Operated Resources LP.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 01:11|
|End of Day Share Price||2020/02/21 00:00|
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.