Razor Energy Corp. engages in the acquisition, exploration, development, and production of oil and natural gas properties in Alberta.
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Razor Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RZE'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: RZE underperformed the Canadian Oil and Gas industry which returned -27.5% over the past year.
Return vs Market: RZE underperformed the Canadian Market which returned -11.4% over the past year.
Price Volatility Vs. Market
How volatile is Razor Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs Razor Energy Corp.'s (CVE:RZE) CEO Paid Enough Relative To Peers?
2 months ago | Simply Wall StCalculating The Fair Value Of Razor Energy Corp. (CVE:RZE)
3 months ago | Simply Wall StCould The Razor Energy Corp. (CVE:RZE) Ownership Structure Tell Us Something Useful?
Is Razor Energy undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: RZE (CA$0.21) is trading above our estimate of fair value (CA$0)
Significantly Below Fair Value: RZE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RZE is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: RZE 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 RZE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RZE has negative assets, so we can't compare its PB Ratio to the CA Oil and Gas industry average.
How is Razor Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Razor Energy 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.
- Take a look at our analysis of RZE’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.
- Razor Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Razor Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RZE is currently unprofitable.
Growing Profit Margin: RZE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RZE is unprofitable, and losses have increased over the past 5 years at a rate of -101.6% per year.
Accelerating Growth: Unable to compare RZE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RZE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-18.2%).
Return on Equity
High ROE: RZE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Razor Energy's financial position?
Financial Position Analysis
Short Term Liabilities: RZE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RZE 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: RZE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RZE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 RZE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RZE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 73.9% per year.
What is Razor Energy's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RZE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RZE'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 RZE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RZE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RZE is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RZE'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?
Average management tenure
Doug Bailey (46yo)
Mr. Douglas Bailey, also known as Doug, has been the Chief Executive Officer and President of Razor Energy Corp. since November 2016. Mr. Bailey served as the Chief Executive Officer and President of Strik ...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD310.05K) is above average for companies of similar size in the Canadian market ($USD164.10K).
Compensation vs Earnings: Doug's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||3.33yrs||CA$330.80k||1.54% CA$55.0k|
|Senior VP||4yrs||CA$397.90k||9.37% CA$335.6k|
|Corporate Secretary||no data||no data||no data|
Experienced Management: RZE's management team is considered experienced (3.6 years average tenure).
|Senior VP||4yrs||CA$397.90k||9.37% CA$335.6k|
|Director||3.58yrs||no data||1.89% CA$67.7k|
|Independent Director||3.58yrs||CA$40.00k||2.06% CA$73.6k|
|Independent Director||3.58yrs||CA$90.00k||2.15% CA$77.2k|
Experienced Board: RZE's board of directors are considered experienced (3.6 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.6%.
Razor Energy Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Razor Energy Corp.
- Ticker: RZE
- Exchange: TSXV
- Founded: 2016
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$3.581m
- Shares outstanding: 21.06m
- Website: https://www.razor-energy.com
Number of Employees
- Razor Energy Corp.
- 500-5th Avenue SW
- Suite 800
- T2P 3L5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RZE||TSXV (TSX Venture Exchange)||Yes||New Common Shares||CA||CAD||Feb 2017|
|RZRE.F||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||Feb 2017|
|R9N||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||Feb 2017|
Razor Energy Corp. engages in the acquisition, exploration, development, and production of oil and natural gas properties in Alberta. As of December 31, 2019, it operated assets in the Swan Hills area covering 199,200 gross acres of total land and the Kaybob area covering 89,440 gross acres of total land located in the west central Alberta, as well as the District South area covering 79,902 gross acres of total land located in the southern Alberta. The company is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/02 05:47|
|End of Day Share Price||2020/06/01 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.