TSXV:SDI

Stock Analysis Report

Stampede Drilling

Executive Summary

Stampede Drilling Inc. provides horizontal and directional drilling equipment and services for the oil and gas industry in Canada and the United States.


Snowflake Analysis

Imperfect balance sheet and overvalued.


Similar Companies

Share Price & News

How has Stampede Drilling's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SDI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.6%

SDI

-4.5%

CA Energy Services

0.1%

CA Market


1 Year Return

0%

SDI

-36.8%

CA Energy Services

4.5%

CA Market

Return vs Industry: SDI exceeded the Canadian Energy Services industry which returned -36.8% over the past year.

Return vs Market: SDI underperformed the Canadian Market which returned 4.5% over the past year.


Shareholder returns

SDIIndustryMarket
7 Day-2.6%-4.5%0.1%
30 Day-7.5%-4.6%0.9%
90 Day8.8%-1.2%3.7%
1 Year0%0%-34.8%-36.8%7.8%4.5%
3 Year-15.9%-15.9%-54.9%-58.2%18.2%7.5%
5 Year-48.6%-48.6%-56.9%-61.9%33.7%14.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Stampede Drilling undervalued compared to its fair value and its price relative to the market?

0.67x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: SDI is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.

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


Price to Book Ratio

PB vs Industry: SDI is good value based on its PB Ratio (0.7x) compared to the CA Energy Services industry average (0.7x).


Next Steps

Future Growth

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

15.2%

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 Stampede Drilling 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 Stampede Drilling performed over the past 5 years?

-9.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SDI is currently unprofitable.

Growing Profit Margin: SDI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SDI is unprofitable, and losses have increased over the past 5 years at a rate of -9.4% per year.

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

Earnings vs Industry: SDI is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (26.1%).


Return on Equity

High ROE: SDI has a negative Return on Equity (-12.71%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Stampede Drilling's financial position?


Financial Position Analysis

Short Term Liabilities: SDI's short term assets (CA$7.0M) do not cover its short term liabilities (CA$11.4M).

Long Term Liabilities: SDI's short term assets (CA$7.0M) exceed its long term liabilities (CA$3.1M).


Debt to Equity History and Analysis

Debt Level: SDI's debt to equity ratio (24.5%) is considered satisfactory.

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


Balance Sheet

Inventory Level: SDI has a high level of physical assets or inventory.

Debt Coverage by Assets: SDI's debt is not covered by short term assets (assets are 0.8x 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: SDI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SDI has less than a year of cash runway if free cash flow continues to reduce at historical rates of -35.9% each year


Next Steps

Dividend

What is Stampede Drilling's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage5.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

2.1yrs

Average management tenure


CEO

Lyle Whitmarsh (51yo)

2.1yrs

Tenure

CA$411,331

Compensation

Mr. Lyle C. Whitmarsh has been President, Chief Executive Officer and Director of MatRRix Energy Technologies Inc. since January 23, 2018. Mr. Whitmarsh has been the President of Savanna Energy Services Co ...


CEO Compensation Analysis

Compensation vs Market: Lyle's total compensation ($USD311.29K) is above average for companies of similar size in the Canadian market ($USD154.65K).

Compensation vs Earnings: Lyle's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Lyle Whitmarsh
President2.1yrsCA$411.33k2.63% CA$642.6k
Jeff Schab
CFO & Corporate Secretary5yrsCA$148.35k0.032% CA$7.9k
Terry Kuiper
Chief Operating Officer0.6yrsno datano data

2.1yrs

Average Tenure

Experienced Management: SDI's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lyle Whitmarsh
President2.1yrsCA$411.33k2.63% CA$642.6k
Elson McDougald
Independent Director2.5yrsCA$10.67k2.69% CA$656.8k
Terrance Owen
Independent Director8.4yrsCA$2.64k0.38% CA$92.5k
Rodger Hawkins
Independent Director8.4yrsCA$9.97k0.26% CA$63.6k
Thane Russell
Independent Chairman of the Board2.8yrsCA$8.01k1.01% CA$247.1k
Matthew Andrade
Independent Director5.2yrsCA$1.69k0.070% CA$17.0k

4.0yrs

Average Tenure

58yo

Average Age

Experienced Board: SDI's board of directors are considered experienced (4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SDI 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 13.4%.


Top Shareholders

Company Information

Stampede Drilling Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Stampede Drilling Inc.
  • Ticker: SDI
  • Exchange: TSXV
  • Founded: 2011
  • Industry: Oil and Gas Drilling
  • Sector: Energy
  • Market Cap: CA$24.424m
  • Shares outstanding: 132.02m
  • Website: https://www.stampededrilling.com

Number of Employees


Location

  • Stampede Drilling Inc.
  • Bow Valley Square IV
  • 6th Avenue SW
  • Calgary
  • Alberta
  • T2P 3H7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SDITSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2011
5X3BST (Boerse-Stuttgart)YesCommon SharesDEEURSep 2011

Biography

Stampede Drilling Inc. provides horizontal and directional drilling equipment and services for the oil and gas industry in Canada and the United States. The company operates through two segments, Directional Drilling and Land Based Contract Drilling. It also offers oilfield services in the Western Canadian Sedimentary Basin. The company was formerly known as MATRRIX Energy Technologies Inc. and changed its name to Stampede Drilling Inc. in May 2019. Stampede Drilling Inc. was incorporated in 2011 and 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 Analysis2020/02/24 02:02
End of Day Share Price2020/02/20 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.