TSXV:ROE

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Renaissance Oil

Executive Summary

Renaissance Oil Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in Canada and Mexico.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Renaissance Oil's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

9.1%

ROE

4.9%

CA Oil and Gas

2.3%

CA Market


1 Year Return

-52.0%

ROE

-20.7%

CA Oil and Gas

-4.1%

CA Market

Return vs Industry: ROE underperformed the Canadian Oil and Gas industry which returned -21% over the past year.

Return vs Market: ROE underperformed the Canadian Market which returned -4.6% over the past year.


Shareholder returns

ROEIndustryMarket
7 Day9.1%4.9%2.3%
30 Day-33.3%9.0%6.9%
90 Day100.0%3.5%11.4%
1 Year-52.0%-52.0%-16.4%-20.7%-0.7%-4.1%
3 Year-66.7%-66.7%-23.0%-32.3%12.5%1.7%
5 Year-52.0%-52.0%-21.1%-34.6%34.0%13.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Renaissance Oil undervalued compared to its fair value and its price relative to the market?

0.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ROE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ROE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ROE is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.

PE vs Market: ROE 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 ROE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ROE is good value based on its PB Ratio (0.5x) compared to the CA Oil and Gas industry average (0.8x).


Next Steps

Future Growth

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

52.2%

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 Renaissance Oil 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

Past Performance

How has Renaissance Oil performed over the past 5 years?

26.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ROE is currently unprofitable.

Growing Profit Margin: ROE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ROE is unprofitable, but has reduced losses over the past 5 years at a rate of 26% per year.

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

Earnings vs Industry: ROE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-41.3%).


Return on Equity

High ROE: ROE has a negative Return on Equity (-1.84%), as it is currently unprofitable.


Next Steps

Financial Health

How is Renaissance Oil's financial position?


Financial Position Analysis

Short Term Liabilities: ROE's short term assets (CA$12.3M) do not cover its short term liabilities (CA$14.1M).

Long Term Liabilities: ROE's short term assets (CA$12.3M) exceed its long term liabilities (CA$5.2M).


Debt to Equity History and Analysis

Debt Level: ROE's debt to equity ratio (12.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ROE's debt to equity ratio has reduced over the past 5 years.


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: Whilst unprofitable ROE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ROE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.2% per year.


Next Steps

Dividend

What is Renaissance Oil current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

4.9yrs

Average management tenure


CEO

Craig Steinke (63 yo)

5.92yrs

Tenure

CA$455,141

Compensation

Mr. Craig Arthur Allan Steinke, CPA, has been the Chief Executive Officer of San Leon Canada Limited since November 8, 2010. Mr. Steinke serves as Chief Executive Officer and Director of Service Logic. Mr. ...


CEO Compensation Analysis

Compensation vs Market: Craig's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD179.12K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Craig Steinke
Co-Founder5.92yrsCA$455.14k1.92%
CA$ 367.8k
Carlos Escribano
Chief Financial Officer3.67yrsCA$240.00k0.031%
CA$ 6.0k
Kevin Smith
Vice President of Business Developmentno dataCA$240.00kno data
Anna Tudela
Corporate Secretary0.58yrno datano data
Daniel Jarvie
Geochemist & Member of Advisory Boardno datano datano data
Jay Park
International Petroleum Legal Advisor and Member of Advisory Board no datano datano data
Randall Miller
Geology & Completions Advisor and Member of Advisory Board4.92yrsno datano data

4.9yrs

Average Tenure

48yo

Average Age

Experienced Management: ROE's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Craig Steinke
Co-Founder5.92yrsCA$455.14k1.92%
CA$ 367.8k
Daniel Jarvie
Geochemist & Member of Advisory Boardno datano datano data
Jay Park
International Petroleum Legal Advisor and Member of Advisory Board no datano datano data
Randall Miller
Geology & Completions Advisor and Member of Advisory Board4.92yrsno datano data
Ian Telfer
Independent Director5.92yrsno data3.16%
CA$ 607.2k
Gordon Keep
Independent Director5.92yrsno data0.31%
CA$ 60.1k
Allan Folk
Independent Director1.75yrsno data0.081%
CA$ 15.5k
Pedro Meurs
Member of Advisory Boardno datano datano data

5.9yrs

Average Tenure

66yo

Average Age

Experienced Board: ROE's board of directors are considered experienced (5.9 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 9.3%.


Top Shareholders

Company Information

Renaissance Oil Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Renaissance Oil Corp.
  • Ticker: ROE
  • Exchange: TSXV
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$19.193m
  • Shares outstanding: 319.89m
  • Website: https://www.renaissanceoil.com

Location

  • Renaissance Oil Corp.
  • Three Bentall Centre
  • Suite 3123
  • Vancouver
  • British Columbia
  • V7X 1J1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ROETSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2014
RNSF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2014
2R7DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2014

Biography

Renaissance Oil Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in Canada and Mexico. It holds interests in the Mundo Nuevo block c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 00:45
End of Day Share Price2020/08/06 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.