Paleo Resources, Inc., an oil and gas, and mineral exploration company, engages in the acquisition, exploration, and development of the precious and base metal properties, and oil and gas hydrocarbons in Canada and the United States.
The last earnings update was 47 days ago.
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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Paleo Resources. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Paleo Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Paleo Resources 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
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
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Paleo Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Paleo Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Paleo Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Paleo Resources is high growth as no earnings estimate data is available.
Unable to determine if Paleo Resources 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.
Paleo Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
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.
TENURE AS CEO
Mr. Marc W. Rhoades has been Chief Executive Officer of Tanager Energy Inc. sine March 2019. Mr. Rhoades Co-founded Camden Resources, Inc. in February 2000 and also served as it's President and acted as its CEO from 2000 to 2007. Mr. Rhoades served as CEO and President of Greenbrier Operating Co. Mr. Rhoades was over 20 years with Greenbrier Operating Co. Mr. Rhoades took Greenbrier from $40 Million in assets to over $200 million in cash distributions. In 2008, Mr. Rhoades founded and served as CEO of Camden Advisors, which is a consulting advisory firm in the upstream oil and gas industry. He received his Bachelor of Science degree in Mechanical Engineering in 1987 from the University of Texas. Mr. Rhoades is a Registered Professional Engineer in the State of Texas.
Insufficient data for Marc to compare compensation growth.
Insufficient data for Marc to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Paleo Resources management team is less than 2 years, this suggests a new team.
President & Director
Chief Financial Officer
Chief Executive Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Paleo Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
President & Director
Who owns this company?
Recent Insider Trading
No 3 month individual insider trading information.
Paleo Resources, Inc., an oil and gas, and mineral exploration company, engages in the acquisition, exploration, and development of the precious and base metal properties, and oil and gas hydrocarbons in Canada and the United States. It holds a 50% interest in the Joffre D-3 B Oil Pool located in Alberta; and a 100% interest in the Burchell Lake property covering an area of 5,900 hectares located in the Shebandowan gold camp in Ontario. The company’s Burchell Lake Property is prospective for gold, copper, and molybdenum minerals. It also develops and produces oil and gas assets in Polk and Tyler counties, Texas. The company was formerly known as Tanager Energy Inc. and changed its name to Paleo Resources, Inc. in April 2019. Paleo Resources, Inc. was incorporated in 1946 and is headquartered in Calgary, Canada.
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