TSXV:TAL

Stock Analysis Report

Executive Summary

PetroTal Corp. engages in the exploration, appraisal, and development of crude oil and natural gas in Peru, South America.

Snowflake

Fundamentals

High growth potential with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

5.9%

TAL

-0.5%

CA Oil and Gas

-0.2%

CA Market


1 Year Return

-5.3%

TAL

-12.6%

CA Oil and Gas

1.5%

CA Market

Return vs Industry: TAL exceeded the Canadian Oil and Gas industry which returned -12.6% over the past year.

Return vs Market: TAL underperformed the Canadian Market which returned 1.5% over the past year.


Shareholder returns

TALIndustryMarket
7 Day5.9%-0.5%-0.2%
30 Day0%-6.1%-3.5%
90 Day-18.2%-4.5%-1.8%
1 Year-5.3%-5.3%-8.7%-12.6%5.1%1.5%
3 Yearn/a-17.1%-25.5%13.3%3.2%
5 Yearn/a-21.5%-33.4%25.2%7.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TAL (CA$0.27) is trading below our estimate of fair value (CA$1.73)

Significantly Below Fair Value: TAL is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TAL is overvalued based on its PB Ratio (1.4x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

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

29.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TAL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: TAL is forecast to become profitable over the next 3 year, which is considered above average market growth.

High Growth Earnings: TAL's loss is forecast to worsen by 0% next year.

Revenue vs Market: TAL's revenue (22.4% per year) is forecast to grow faster than the Canadian market (5.7% per year).

High Growth Revenue: TAL's revenue (22.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TAL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has PetroTal performed over the past 5 years?

47.4%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TAL is unprofitable, and there is insufficient past data to establish if their past 5-year earnings growth rate was positive.

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

Earnings vs Industry: TAL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (62.2%).


Return on Equity

High ROE: TAL has a negative Return on Equity (-2.76%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: TAL is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: TAL is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is PetroTal's financial position?


Financial Position Analysis

Short Term Liabilities: TAL's short term assets ($50.2M) exceeds its short term liabilities ($32.4M)

Long Term Liabilities: TAL's short term assets (50.2M) exceeds its long term liabilities (13.3M)


Debt to Equity History and Analysis

Debt Level: TAL is debt free.

Reducing Debt: TAL has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: TAL's debt is covered by short term assets (assets are 451765085820771510.450000x 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: TAL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if TAL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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

2.44%

Forecast Dividend Yield


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage4.9%forecastin3Years2.4%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if TAL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TAL'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 TAL's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of PetroTal's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average board tenure


CEO

Manolo Zuniga Pflucker (57yo)

1.8yrs

Tenure

0

Mr. Manuel Pablo Zúñiga-Pflücker is President and Chief Executive Officer at PetroTal Corp. and has been its Director since December 18, 2017. Mr. Zúñiga-Pflücker was Chief Executive Officer and Director o ...


Board Age and Tenure

1.8yrs

Average Tenure

56yo

Average Age

Experienced Board: TAL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Manolo Zuniga Pflucker (57yo)

    President

    • Tenure: 1.8yrs
  • Estuardo Alvarez-Calderon

    Vice President of Exploration & Development

    • Tenure: 0yrs
  • Gregory Smith

    Executive VP & CFO

    • Tenure: 0yrs

Board Members

  • Mark McComiskey (46yo)

    Director

    • Tenure: 3.3yrs
  • Doug Urch (60yo)

    Chairman

    • Tenure: 0yrs
  • Greg Guidry (63yo)

    Director

    • Tenure: 1.8yrs
  • Manolo Zuniga Pflucker (57yo)

    President

    • Tenure: 1.8yrs
  • Ryan Ellson (43yo)

    Director

    • Tenure: 1.8yrs
  • Gavin Hugh Wilson (55yo)

    Director

    • Tenure: 6.3yrs

Company Information

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


Key Information

  • Name: PetroTal Corp.
  • Ticker: TAL
  • Exchange: TSXV
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$181.493m
  • Shares outstanding: 672.20m
  • Website: https://www.petrotal-corp.com

Number of Employees


Location

  • PetroTal Corp.
  • 11451 Katy Freeway
  • Suite 500
  • Houston
  • Texas
  • 77079
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TALTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2017
SER1DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2017
PTAL.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2017
PTALAIM (London Stock Exchange AIM Market)YesCommon SharesGBGBPDec 2017

Biography

PetroTal Corp. engages in the exploration, appraisal, and development of crude oil and natural gas in Peru, South America. Its primary property is the Bretana oil field located in the Maranon Basin of nort ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 00:56
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.