TSXV:POG

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Perisson Petroleum

Executive Summary

Perisson Petroleum Corporation engages in the exploration and production of oil and gas properties in Canada and the Republic of Colombia.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Perisson Petroleum's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: POG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

POG

1.1%

CA Oil and Gas

1.4%

CA Market


1 Year Return

-61.8%

POG

-26.9%

CA Oil and Gas

-11.3%

CA Market

Return vs Industry: POG underperformed the Canadian Oil and Gas industry which returned -26.9% over the past year.

Return vs Market: POG underperformed the Canadian Market which returned -11.3% over the past year.


Shareholder returns

POGIndustryMarket
7 Day0%1.1%1.4%
30 Day0%5.1%4.2%
90 Day-43.5%-20.6%-9.4%
1 Year-61.8%-61.8%-23.1%-26.9%-8.3%-11.3%
3 Year242.1%242.1%-28.0%-36.5%0.04%-9.2%
5 Yearn/a-30.5%-40.8%16.7%-0.01%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Perisson Petroleum undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Perisson Petroleum is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Perisson Petroleum 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.


Next Steps

  • Take a look at our analysis of POG’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.
  • 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 Perisson Petroleum regulatory filings.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Perisson Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

49.7%

Forecasted Energy industry annual growth in earnings


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 Perisson Petroleum 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 SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of POG’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.
  • Perisson Petroleum competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Energy industry.

Past Performance

How has Perisson Petroleum performed over the past 5 years?

-9.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: POG is currently unprofitable.

Growing Profit Margin: POG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: POG is unprofitable, and losses have increased over the past 5 years at a rate of -9% per year.

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

Earnings vs Industry: POG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).


Return on Equity

High ROE: POG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Perisson Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: POG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: POG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: POG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: POG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: POG has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: POG is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Perisson Petroleum's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

5.8yrs

Average management tenure


CEO

Gary Chen (42yo)

7.5yrs

Tenure

CA$300,707

Compensation

Mr. Chien-Yeh Chen, also known as Gary, has been the Chairman and Chief Executive Officer of Perisson Petroleum Corporation since December 12, 2012. Mr. Chen has been an Executive Vice President of Moricha ...


CEO Compensation Analysis

Compensation vs Market: Gary's total compensation ($USD220.69K) is above average for companies of similar size in the Canadian market ($USD164.79K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Chien-Yeh Chen
Chairman & CEO7.5yrsCA$300.71k0.38% CA$270.8k
Wayne Rousch
President & Director3.75yrsCA$226.20k0.00090% CA$647.5
Brad Perry
CFO & Director1.5yrsCA$196.65k0.00027% CA$194.3
Scott Reeves
Corporate Secretary5.25yrsno datano data
Manhong Xi
General Manager7.5yrsno datano data

5.8yrs

Average Tenure

49yo

Average Age

Experienced Management: POG's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chien-Yeh Chen
Chairman & CEO7.5yrsCA$300.71k0.38% CA$270.8k
Wayne Rousch
President & Director3.75yrsCA$226.20k0.00090% CA$647.5
Brad Perry
CFO & Director1.5yrsCA$196.65k0.00027% CA$194.3
Chih-Sheng Hsu
Independent Director10.25yrsCA$224.80k1.69% CA$1.2m

5.6yrs

Average Tenure

Experienced Board: POG's board of directors are considered experienced (5.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.5%.


Top Shareholders

Company Information

Perisson Petroleum Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Perisson Petroleum Corporation
  • Ticker: POG
  • Exchange: TSXV
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$71.950m
  • Shares outstanding: 1.11b
  • Website: https://www.perisson.com

Location

  • Perisson Petroleum Corporation
  • 530 – 8th Avenue SW
  • Suite 2000
  • Calgary
  • Alberta
  • T2P 3S8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
POGTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 2016

Biography

Perisson Petroleum Corporation engages in the exploration and production of oil and gas properties in Canada and the Republic of Colombia. The company owns a 100% interest in the VMM-17 oil block license covering an area of approximately 39,927 hectares located in the Magdalena Basin. Perisson Petroleum Corporation is headquartered in Calgary, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 04:42
End of Day Share Price2020/05/06 00:00
Earnings2019/09/30
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.