Sunset Pacific Petroleum Ltd., a junior resource exploration company, acquires, explores for, and develops natural resource properties primarily in North Africa and the Middle East.
The last earnings update was 179 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
In this section, we usually try to help investors determine whether Sunset Pacific Petroleum is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Sunset Pacific 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. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Sunset Pacific Petroleum. 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
Sunset Pacific Petroleum's
is considered below, and whether this is a fair price.
Price based on past earnings
Sunset Pacific Petroleum's earnings available for a low price, and how does
this compare to other companies in the same industry?
Sunset Pacific Petroleum has negative assets, we can't compare the value of its assets to the CA Oil and Gas industry average.
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 Sunset Pacific Petroleum's regulatory filings and announcements.
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 Sunset Pacific 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 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
Sunset Pacific Petroleum
expected to grow at an
Unable to compare Sunset Pacific Petroleum's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Sunset Pacific Petroleum's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Sunset Pacific Petroleum's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Sunset Pacific Petroleum is high growth as no earnings estimate data is available.
Unable to determine if Sunset Pacific Petroleum 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.
Sunset Pacific Petroleum'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.
Sunset Pacific Petroleum
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Sunset Pacific Petroleum's finances.
The net worth of a company is the difference between its assets and liabilities.
Sunset Pacific Petroleum's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Sunset Pacific Petroleum has no long term commitments.
This treemap shows a more detailed breakdown of
Sunset Pacific Petroleum's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Sunset Pacific Petroleum has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
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. Belkacem Aissaoui has been Interim Chief Executive Officer and Director of Sunset Pacific Petroleum Ltd since April 2019. He was the Technical Adviser of Sunset Pacific Petroleum Ltd until April 2019. Mr. Aissaoui has many years of technical and management experience in onshore/offshore drilling operations. He recently completed a senior leadership role with Saudi Aramco DSV where he designed and executed several workover and regular offshore/onshore drilling programs. He has extensive onshore/offshore drilling experience including as a drilling supervisor in charge of an ONGC (Oil National Gas Company, India) offshore workover campaign. He has worked as a senior drilling manager for such companies as Schlumberger in Libya and Algeria, Halliburton in Algeria and Iraq, and Nabors Drilling in Algeria, Tunisia and Libya.
Insufficient data for Belkacem to compare compensation growth.
Insufficient data for Belkacem to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
CFO, Secretary & Director
Interim CEO & Director
Chief Representative for Tunisia
Board of Directors Tenure
Average tenure of the
Sunset Pacific Petroleum
board of directors in years:
The tenure for the Sunset Pacific Petroleum board of directors is about average.
How Did Sunset Pacific Petroleum Ltd's (CVE:SPK) Earnings Growth Stack Up Against The Industry?
See our latest analysis for Sunset Pacific Petroleum How SPK fared against its long-term earnings performance and its industry I prefer to use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … For Sunset Pacific Petroleum, its latest trailing-twelve-month earnings is -CA$780.86K, which, relative to last year’s level, has become less negative. … TSXV:SPK Income Statement Jun 3rd 18 We can further analyze Sunset Pacific Petroleum's loss by looking at what the industry has been experiencing over the past few years.
Sunset Pacific Petroleum Ltd (CVE:SPK): What Does It Mean For Your Portfolio?
A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … SPK, with its market capitalisation of CA$2.22M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.
Why Sunset Pacific Petroleum Ltd's (CVE:SPK) Ownership Structure Is Important
In this analysis, my focus will be on developing a perspective on Sunset Pacific Petroleum Ltd’s (TSXV:SPK) latest ownership structure, a less discussed, but important factor. … Check out our latest analysis for Sunset Pacific Petroleum TSXV:SPK Ownership_summary Mar 12th 18 Insider Ownership Another important group of shareholders are company insiders. … However, a higher level of insider ownership has been linked to management executing on high-returning projects instead of expansion projects for the sake of apparent growth.
Was Sunset Pacific Petroleum Ltd's (CVE:SPK) Earnings Growth Better Than The Industry's?
After looking at Sunset Pacific Petroleum Ltd's (TSXV:SPK) latest earnings announcement (30 September 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … See our latest analysis for Sunset Pacific Petroleum How SPK fared against its long-term earnings performance and its industry For the most up-to-date info, I use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … TSXV:SPK Income Statement Mar 5th 18 We can further assess Sunset Pacific Petroleum's loss by looking at what the industry has been experiencing over the past few years.
How Should You Think About Sunset Pacific Petroleum Ltd's (CVE:SPK) Risks?
Check out our latest analysis for Sunset Pacific Petroleum What does SPK's beta value mean? … Sunset Pacific Petroleum has a beta of 2.62, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements.
How Does Sunset Pacific Petroleum Ltd's (TSXV:SPK) EPS Growth Stack Up Against Industry Performance?
When Sunset Pacific Petroleum Ltd's (TSXV:SPK) announced its latest earnings (30 June 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Sunset Pacific Petroleum's average earnings over the past couple of years, and its industry performance. … View our latest analysis for Sunset Pacific Petroleum Commentary On SPK's Past Performance For the purpose of this commentary, I like to use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data.
Sunset Pacific Petroleum Ltd., a junior resource exploration company, acquires, explores for, and develops natural resource properties primarily in North Africa and the Middle East. It primarily explores for oil and gas properties. The company was formerly known as Bighorn Petroleum Ltd. and changed its name to Sunset Pacific Petroleum Ltd. in May 2009. Sunset Pacific Petroleum Ltd. was incorporated in 1981 and is based in Vancouver, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.