Loading...

Strata-X Energy

TSXV:SXE
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SXE
TSXV
CA$6M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

Strata-X Energy Ltd., through its subsidiaries, acquires, explores for, and develops oil and gas properties in the United States and Africa. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
SXE Share Price and Events
7 Day Returns
8.3%
TSXV:SXE
-0.1%
CA Oil and Gas
-0.2%
CA Market
1 Year Returns
11.4%
TSXV:SXE
-11.8%
CA Oil and Gas
-1.9%
CA Market
SXE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Strata-X Energy (SXE) 8.3% -7.1% -7.1% 11.4% -56.7% -96.5%
CA Oil and Gas -0.1% -3.1% 1.5% -11.8% -6.5% -34.6%
CA Market -0.2% -1.6% 2.1% -1.9% 13.3% 4.3%
1 Year Return vs Industry and Market
  • SXE outperformed the Oil and Gas industry which returned -11.8% over the past year.
  • SXE outperformed the Market in Canada which returned -1.9% over the past year.
Price Volatility
SXE
Industry
5yr Volatility vs Market

Value

 Is Strata-X Energy undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Strata-X Energy. This is due to cash flow or dividend data being unavailable. The share price is CA$0.065.
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 Strata-X Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Strata-X Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:SXE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.16
TSXV:SXE Share Price ** TSXV (2019-05-17) in CAD CA$0.07
TSXV:SXE Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.743 $0.05
Canada Oil and Gas Industry PE Ratio Median Figure of 58 Publicly-Listed Oil and Gas Companies 14.34x
Canada Market PE Ratio Median Figure of 545 Publicly-Listed Companies 14.85x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Strata-X Energy.

TSXV:SXE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:SXE Share Price ÷ EPS (both in USD)

= 0.05 ÷ -0.16

-0.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strata-X Energy is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • Strata-X Energy is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Strata-X Energy's expected growth come at a high price?
Raw Data
TSXV:SXE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Oil and Gas Industry PEG Ratio Median Figure of 37 Publicly-Listed Oil and Gas Companies 0.79x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Strata-X Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Strata-X Energy's assets?
Raw Data
TSXV:SXE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.02
TSXV:SXE Share Price * TSXV (2019-05-17) in CAD CA$0.07
TSXV:SXE Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.743 $0.05
Canada Oil and Gas Industry PB Ratio Median Figure of 224 Publicly-Listed Oil and Gas Companies 0.88x
Canada Market PB Ratio Median Figure of 2,407 Publicly-Listed Companies 1.41x
TSXV:SXE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:SXE Share Price ÷ Book Value per Share (both in USD)

= 0.05 ÷ 0.02

1.98x

* Primary Listing of Strata-X Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strata-X Energy is overvalued based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess Strata-X Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Strata-X Energy has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Strata-X Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Strata-X 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 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 growth 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 it right!
Annual Growth Rate
8.5%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Strata-X Energy expected to grow at an attractive rate?
  • Unable to compare Strata-X Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Strata-X Energy's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Strata-X Energy's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:SXE Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 8.5%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:SXE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:SXE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 0 -1 -11
2018-12-31 0 -1 -11
2018-09-30 0 -1 -2
2018-06-30 0 -1 -2
2018-03-31 0 -1 0
2017-12-31 0 -1 -1
2017-09-30 0 -1 -1
2017-06-30 0 -1 -1
2017-03-31 0 -1 -1
2016-12-31 0 -1 -2
2016-09-30 0 -1 -2
2016-06-30 0 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Strata-X Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Strata-X Energy 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.
Raw Data
TSXV:SXE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Strata-X Energy Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SXE Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.16
2018-12-31 -0.18
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.05
2016-09-30 -0.06
2016-06-30 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Strata-X Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of SXE’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.
  2. Strata-X Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Strata-X Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Strata-X Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Strata-X Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Strata-X Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Strata-X Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Strata-X Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Strata-X Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Strata-X Energy's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Strata-X Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Strata-X Energy Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SXE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 0.04 -11.35 0.80
2018-12-31 0.05 -11.30 0.75
2018-09-30 0.06 -1.69 0.64
2018-06-30 0.05 -1.66 0.61
2018-03-31 0.07 -0.44 0.54
2017-12-31 0.08 -0.52 0.63
2017-09-30 0.10 -0.64 0.66
2017-06-30 0.17 -0.71 0.66
2017-03-31 0.15 -0.70 0.52
2016-12-31 0.12 -1.79 0.45
2016-09-30 0.12 -2.27 0.42
2016-06-30 0.13 -2.44 0.58
2016-03-31 0.21 -14.38 0.89
2015-12-31 0.31 -13.50 1.20
2015-09-30 0.78 -13.57 1.62
2015-06-30 0.96 -13.24 1.66
2015-03-31 0.99 -1.45 1.53
2014-12-31 0.92 -1.43 1.45
2014-09-30 0.45 -0.63 1.40
2014-06-30 0.20 -1.41 1.37
2014-03-31 0.12 -1.51 1.62
2013-12-31 0.11 -0.86 1.55
2013-09-30 0.13 -1.73 1.85
2013-06-30 0.13 -1.35 2.01
2013-03-31 0.11 -3.57 2.19
2012-12-31 0.10 -4.33 2.12
2012-09-30 0.09 -4.21 1.96
2012-06-30 0.12 -6.28 1.81

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Strata-X Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Strata-X Energy has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Strata-X Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Strata-X Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Strata-X Energy 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Strata-X Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Strata-X Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Strata-X Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Strata-X Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Strata-X Energy'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 9.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Strata-X Energy Company Filings, last reported 1 month ago.

TSXV:SXE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 2.19 0.05 0.43
2018-12-31 2.08 0.10 0.42
2018-09-30 11.81 0.10 0.64
2018-06-30 11.25 0.15 0.30
2018-03-31 12.28 0.00 0.29
2017-12-31 12.38 0.00 0.60
2017-09-30 12.53 0.00 0.74
2017-06-30 12.67 0.00 0.98
2017-03-31 12.73 0.06 1.15
2016-12-31 12.85 0.00 1.36
2016-09-30 12.05 0.15 0.46
2016-06-30 12.23 0.00 0.74
2016-03-31 12.23 0.00 0.89
2015-12-31 13.45 0.00 1.00
2015-09-30 8.44 0.59 1.13
2015-06-30 13.50 0.00 0.96
2015-03-31 25.41 0.27 1.57
2014-12-31 25.75 0.21 2.16
2014-09-30 25.09 0.00 1.35
2014-06-30 25.08 0.37 3.76
2014-03-31 23.62 0.15 3.76
2013-12-31 23.92 0.00 8.22
2013-09-30 18.52 0.00 5.41
2013-06-30 19.31 0.08 8.57
2013-03-31 20.32 0.23 10.81
2012-12-31 5.01 5.93 2.01
2012-09-30 2.77 3.03 1.21
2012-06-30 1.93 2.90 2.28
  • Strata-X Energy's level of debt (2.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.6% vs 2.3% today).
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.

  • Strata-X Energy has less than a year of cash runway based on current free cash flow.
  • Strata-X Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -2.4% each year.
X
Financial health checks
We assess Strata-X Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Strata-X Energy has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Strata-X Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Strata-X Energy dividends.
If you bought CA$2,000 of Strata-X Energy shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Strata-X Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Strata-X Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:SXE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 4.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 332 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Strata-X Energy has not reported any payouts.
  • Unable to verify if Strata-X Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Strata-X Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Strata-X Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Strata-X Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Strata-X Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Strata-X Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Strata-X Energy's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Tim Hoops
COMPENSATION $110,000
AGE 62
TENURE AS CEO 8.3 years
CEO Bio

Mr. Timothy Lee Hoops, also known as Tim, B.Sc., has been the Chief Executive Officer and President of Strata-X Energy Ltd. since 2011 and June 2009 respectively. Mr. Hoops served as Chief Executive Officer, Chief Financial Officer and Secretary of Kestrel Energy, Inc., a subsidiary of Samson Oil & Gas Limited since May 15, 2004 and has been its Operations Manager since July 1, 2002. He served as the President of Kestrel Energy, Inc. from June 1, 2005 to June 1, 2006. He is a Petroleum Geologist with 23 years experience in the continental USA and Australia. He served as President and Chief Executive Officer of Kestrel Energy Inc. from June 1, 1992 to August 15, 2001 and its Consultant until March 2002. Mr. Hoops served as the President of Kestrel Energy California Inc. from March 1997 to May 2000 and from June 1, 2005 to June 1, 2006 and served as its Vice President and Assistant Secretary. He served as an Officer of Victoria Exploration Inc since 1987. He served as an Executive of Kestrel Energy Inc., since January 2005. He has an extensive exploration and development expertise in the continental USA. He served as an Exploration Manager of Royal Resources Corporation from 1984 to 1987. He began his career in law at Honeywell in 1985 as Counsel for the Avionics Division. He served at Amoco Production, Cities Service and Santa Fe Energy. Mr. Hoops has been a Director of Kestrel Energy Inc., since June 1, 1992. He has been an Executive Director at Strata-X Energy Ltd. since September 22, 2011. He served as Nominee Director of Ozcapital Ventures Inc. He served as a Director of Kestrel Energy California Inc from March 1997 to May 2000. He served as a Non Executive Director of Senex Energy Ltd. until March 2008. Mr. Hoops served as a Director of Victoria Exploration Inc. since 1987, Victoria International Petroleum N.L. since 1987. He serves as a Member of American Association of Petroleum Geologists and Member of Rocky Mountain Association of Petroleum Geologists. Mr. Hoops is a 1979 graduate of the Colorado School of Mines, with a Degree in Geology and Geological Engineering. Mr. Hoops holds a private pilot certificate and is an active general aviation pilot.

CEO Compensation
  • Tim's compensation has been consistent with company performance over the past year.
  • Tim's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Strata-X Energy management team in years:

6
Average Tenure
56.5
Average Age
  • The average tenure for the Strata-X Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ron Prefontaine

TITLE
Executive Chairman
AGE
65
TENURE
0.1 yrs

Tim Hoops

TITLE
President
COMPENSATION
$110K
AGE
62
TENURE
8.3 yrs

David Hettich

TITLE
Chief Financial Officer
COMPENSATION
$116K
TENURE
6 yrs

Duncan Cornish

TITLE
Corporate Secretary
AGE
51
TENURE
6.2 yrs

Shaun Maskerine

TITLE
Corporate Secretary
AGE
51
TENURE
6 yrs

Colin Christensen

TITLE
North America Investment Relations Consultant
TENURE
6.1 yrs
Board of Directors Tenure

Average tenure and age of the Strata-X Energy board of directors in years:

7.7
Average Tenure
63.5
Average Age
  • The tenure for the Strata-X Energy board of directors is about average.
Board of Directors

Ron Prefontaine

TITLE
Executive Chairman
AGE
65

Tim Hoops

TITLE
President
COMPENSATION
$110K
AGE
62
TENURE
7.7 yrs

Don Romaniuk

TITLE
Independent Non-Executive Director
AGE
62
TENURE
8.8 yrs

Greg Hancock

TITLE
Independent Non-Executive Director
AGE
67
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Strata-X Energy insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
15. May 19 Buy Ronald Prefontaine Individual 14. May 19 14. May 19 100,000 CA$0.06 CA$5,900
16. May 19 Buy Ronald Prefontaine Individual 15. May 19 15. May 19 100,000 CA$0.05 CA$5,496
05. Apr 19 Buy Bohdan Romaniuk Individual 05. Apr 19 05. Apr 19 100,000 CA$0.07 CA$7,000
02. Apr 19 Buy David Hettich Individual 02. Apr 19 02. Apr 19 80,000 CA$0.07 CA$5,600
05. Sep 18 Buy Ronald Prefontaine Individual 05. Sep 18 05. Sep 18 4,000,000 CA$0.05 CA$189,698
28. Jun 18 Buy Ronald Prefontaine Individual 26. Jun 18 26. Jun 18 12,000 CA$0.05 CA$649
23. May 18 Buy Ronald Prefontaine Individual 22. May 18 22. May 18 411,331 CA$0.05 CA$21,849
X
Management checks
We assess Strata-X Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Strata-X Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Can We See Significant Insider Ownership On The Strata-X Energy Ltd. (CVE:SXE) Share Register?

(CVE:SXE) should be aware of the most powerful shareholder groups. … Taking a look at the our data on the ownership groups (below), it's seems that. … Let's take a closer look to see what the different types of shareholder can tell us about SXE

Simply Wall St -

Have Insiders Been Buying Strata-X Energy Ltd. (CVE:SXE) Shares?

Strata-X Energy Insider Transactions Over The Last Year. … Over the last year, we can see that insiders have bought 4.66m shares worth CA$228k … Overall, Strata-X Energy insiders were net buyers last year

Simply Wall St -

What Kind Of Risk Should You Expect For Strata-X Energy Ltd (CVE:SXE)?

If you are a shareholder in Strata-X Energy Ltd’s (CVE:SXE), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of SXE. … The first risk to think about is company-specific, which can be diversified away by investing in other companies in order to lower your exposure to one particular stock.

Simply Wall St -

Should You Be Concerned About Strata-X Energy Ltd's (CVE:SXE) Shareholders?

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Another important group of owners for potential investors in SXE are private companies that hold a stake of 24.61% in SXE. … Thus, investors should dig deeper into SXE's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: Institutional ownership level and composition in SXE is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

Strata-X Energy Ltd (CVE:SXE): Has Recent Earnings Growth Beaten Long-Term Trend?

In this commentary, I will examine Strata-X Energy Ltd's (TSXV:SXE) latest earnings update (31 December 2017) and compare these figures against its performance over the past couple of years, as well as how the rest of the oil and gas industry performed. … Check out our latest analysis for Strata-X Energy How SXE fared against its long-term earnings performance and its industry I look at 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. … This suggests that while Strata-X Energy is presently loss-making, whatever recent headwind the industry is facing, Strata-X Energy is less exposed compared to its peers.What does this mean?

Simply Wall St -

One Thing To Consider Before Buying Strata-X Energy Ltd (CVE:SXE)

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Strata-X Energy has a beta of 1.63, 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.

Simply Wall St -

Does Strata-X Energy Ltd's (CVE:SXE) CEO Pay Compared Well With Peers?

Given earnings are moving the right way, CEO pay should be reflective of Hoops's hard work. … Usually I would look at market cap and earnings as a proxy for performance, however, SXE's negative earnings reduces the usefulness of my formula. … Next Steps: Hopefully this article has given you insight on how shareholders should think about SXE's governance policies such as CEO pay.

Simply Wall St -

Should You Invest In The Oil & Gas Stock Strata-X Energy Ltd (CVE:SXE)?

See our latest analysis for Strata-X Energy What’s the catalyst for Strata-X Energy's sector growth? … However, recently the sector saw a reversal in the downturn, and over the past year, the industry turnaround led to growth in the teens, though still underperforming the wider Canadian stock market. … Strata-X Energy lags the pack with its sustained negative earnings over the past couple of years.

Simply Wall St -

Who Are The Top Investors In Strata-X Energy Ltd (CVE:SXE)?

In this article, I will take a quick look at Strata-X Energy Ltd’s (TSXV:SXE) recent ownership structure – an unconventional investing subject, but an important one. … View our latest analysis for Strata-X Energy TSXV:SXE Ownership_summary Jan 4th 18 Institutional Ownership In SXE's case, institutional ownership stands at 11.41%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … Thus, investors should dig deeper into SXE's business relations with these companies and how it can affect shareholder returns in the long-term.What this means for you: SXE's considerably high level of institutional ownership calls for further analysis into its margin of safety.

Simply Wall St -

With 80% Earnings Growth Lately, Did Strata-X Energy Ltd (CVE:SXE) Outperform The Industry?

Below, I will run you through a simple sense check to build perspective on how Strata-X Energy is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its oil and gas industry peers. … View our latest analysis for Strata-X Energy How Did SXE's Recent Performance Stack Up Against Its Past? … This means although Strata-X Energy is currently loss-making, it may have only just gained from the recent industry expansion, moving earnings in the right direction.What does this mean?

Simply Wall St -

Company Info

Description

Strata-X Energy Ltd., through its subsidiaries, acquires, explores for, and develops oil and gas properties in the United States and Africa. The company focuses on its 100% owned Serowe Coal Seam Gas (CSG) Project that covers an area of approximately 680,000 acres located in the Kalahari Basin CSG fairway in the Republic of Botswana. It also holds a 100% interest in the Illinois Basin Oil Project that covers an area of approximately 25,000 net acres located in Illinois; and a 23.9% working interest in 3,221 gross acres of land in the Eagle Project located in the San Joaquin Valley, California. The company was formerly known as Strata-X Ltd. and changed its name to Strata-X Energy Ltd. in October 2012. Strata-X Energy Ltd. was incorporated in 2007 and is headquartered in Denver, Colorado.

Details
Name: Strata-X Energy Ltd.
SXE
Exchange: TSXV
Founded: 2007
CA$5,819,999
89,538,459
Website: http://www.strata-x.com
Address: Strata-X Energy Ltd.
1620 Market Street,
Suite #3W,
Denver,
Colorado, 80202,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV SXE Common Shares TSX Venture Exchange CA CAD 26. Sep 2011
OTCPK STRX.F Common Shares Pink Sheets LLC US USD 26. Sep 2011
ASX SXADC NPV DFD 16/07/18(EX-SPLIT) Australian Securities Exchange AU AUD 09. Jul 2018
ASX SXA CDI 1:1 Australian Securities Exchange AU AUD 12. Mar 2013
DB 1SX1 COM NPV(POST REV SPLIT) Deutsche Boerse AG DE EUR 23. Nov 2016
Number of employees
Current staff
Staff numbers
2
Strata-X Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 02:43
End of day share price update: 2019/05/17 00:00
Last earnings filing: 2019/04/29
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.