TSXV:TAL

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Good value 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

Stable Share Price: TAL is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: TAL's weekly volatility (11%) has been stable over the past year.


Market Performance


7 Day Return

36.0%

TAL

8.7%

CA Oil and Gas

2.8%

CA Market


1 Year Return

-58.5%

TAL

-24.9%

CA Oil and Gas

-0.3%

CA Market

Return vs Industry: TAL underperformed the Canadian Oil and Gas industry which returned -24.8% over the past year.

Return vs Market: TAL underperformed the Canadian Market which returned -0.5% over the past year.


Shareholder returns

TALIndustryMarket
7 Day36.0%8.7%2.8%
30 Day3.0%21.0%10.0%
90 Day-22.7%2.1%5.7%
1 Year-58.4%-58.5%-20.6%-24.9%3.3%-0.3%
3 Yearn/a-25.7%-34.8%12.2%1.3%
5 Yearn/a-10.9%-26.2%49.1%26.2%

Long-Term 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$0.17) is trading below our estimate of fair value (CA$1.34)

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


Price To Earnings Ratio

PE vs Industry: TAL is good value based on its PE Ratio (15.5x) compared to the CA Oil and Gas industry average (17.6x).

PE vs Market: TAL is poor value based on its PE Ratio (15.5x) compared to the Canadian market (15.3x).


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 good value based on its PB Ratio (0.8x) compared to the CA Oil and Gas industry average (1x).


Next Steps

Future Growth

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

47.9%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TAL's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if TAL's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TAL's revenue (47.9% per year) is forecast to grow faster than the Canadian market (6.1% per year).

High Growth Revenue: TAL's revenue (47.9% 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?

40.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TAL has high quality earnings.

Growing Profit Margin: TAL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TAL has become profitable over the past 5 years, growing earnings by 40.3% per year.

Accelerating Growth: TAL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TAL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-55.1%).


Return on Equity

High ROE: TAL's Return on Equity (4.8%) is considered low.


Next Steps

Financial Health

How is PetroTal's financial position?


Financial Position Analysis

Short Term Liabilities: TAL's short term assets ($31.9M) do not cover its short term liabilities ($62.4M).

Long Term Liabilities: TAL's short term assets ($31.9M) exceed its long term liabilities ($16.9M).


Debt to Equity History and Analysis

Debt Level: TAL's debt to equity ratio (2.4%) is considered satisfactory.

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

Debt Coverage: TAL's debt is well covered by operating cash flow (1630.4%).

Interest Coverage: TAL's interest payments on its debt are well covered by EBIT (7.3x coverage).


Balance Sheet


Next Steps

Dividend

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

1.37%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate TAL'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 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: TAL is not paying a notable dividend for the Canadian market.


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

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Manolo Zuniga Pflucker (58 yo)

2.92yrs

Tenure

US$1,165,685

Compensation

Mr. Manuel Pablo Zúñiga-Pflücker is President, Chief Executive Officer and Director at PetroTal Corp. since December 18, 2017 and serves as-Corporate Secretary. Mr. Zúñiga-Pflücker was Chief Executive Offi...


CEO Compensation Analysis

Compensation vs Market: Manolo's total compensation ($USD1.17M) is above average for companies of similar size in the Canadian market ($USD166.12K).

Compensation vs Earnings: Manolo's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Manuel Zuniga Pflucker
President2.92yrsUS$1.17m0.35%
$ 478.9k
Douglas Urch
Executive VP & CFO1yrUS$645.84k0.38%
$ 532.1k
Estuardo Alvarez-Calderon
Vice President of Operations2.92yrsUS$708.87k0.10%
$ 142.9k

2.9yrs

Average Tenure

Experienced Management: TAL's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Manuel Zuniga Pflucker
President2.92yrsUS$1.17m0.35%
$ 478.9k
Mark McComiskey
Independent Chairman of the Board1yrUS$92.92kno data
Gary Guidry
Independent Director2.92yrsUS$76.88kno data
Ryan Ellson
Independent Director2.92yrsUS$76.88kno data
Eleanor Barker
Independent Non-Executive Director0.92yrUS$11.72k0.025%
$ 34.0k
Gavin Hugh Wilson
Independent Director7.42yrsUS$76.88kno data
Roger Tucker
Independent Non-Executive Director0.92yrUS$11.72kno data

2.9yrs

Average Tenure

58yo

Average Age

Experienced Board: TAL's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.4%.


Top Shareholders

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$138.748m
  • Shares outstanding: 816.17m
  • Website: https://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 Analysis2020/11/27 00:40
End of Day Share Price2020/11/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.