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Triangle Petroleum

BST:T6PN
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
T6PN
BST
$230K
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Triangle Petroleum Corporation, an independent energy company, engages in the exploration, development, and production of oil and natural gas properties in the United States. The last earnings update was 898 days ago. More info.


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  • Triangle Petroleum has significant price volatility in the past 3 months.
T6PN Share Price and Events
7 Day Returns
-60.5%
BST:T6PN
-0%
DE Oil and Gas
-3.2%
DE Market
1 Year Returns
-81.3%
BST:T6PN
14.7%
DE Oil and Gas
-11.6%
DE Market
T6PN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Triangle Petroleum (T6PN) -60.5% -64.3% -46.4% -81.3% - -
DE Oil and Gas -0% 4.3% 9% 14.7% 12.7% 65.3%
DE Market -3.2% -5.1% 0.3% -11.6% 5.3% 5.9%
1 Year Return vs Industry and Market
  • T6PN underperformed the Oil and Gas industry which returned 14.7% over the past year.
  • T6PN underperformed the Market in Germany which returned -11.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Triangle Petroleum 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.

In this section, we usually try to help investors determine whether Triangle Petroleum is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Triangle 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 Triangle Petroleum. This is due to cash flow or dividend data being unavailable. The share price is €0.0075.
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 Triangle Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Triangle Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:T6PN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2016-10-31) in USD Not available
OTCPK:TPLM.Q Share Price ** OTCPK (2019-05-24) in USD $0
Germany Oil and Gas Industry PE Ratio Median Figure of 5 Publicly-Listed Oil and Gas Companies 9.36x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 20.22x

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

** Primary Listing of Triangle Petroleum.

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

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for Triangle Petroleum, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Triangle Petroleum's expected growth come at a high price?
Raw Data
BST:T6PN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 59 Publicly-Listed Oil and Gas Companies 0.9x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.48x

*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 Triangle Petroleum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Triangle Petroleum's assets?
Raw Data
BST:T6PN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2016-10-31) in USD Not available
OTCPK:TPLM.Q Share Price * OTCPK (2019-05-24) in USD $0
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.05x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x

* Primary Listing of Triangle Petroleum.

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

  • Unable to compare the PB ratio to the industry average as no data exists.

Next steps:

  1. Take a look at our analysis of T6PN’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. 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 Triangle Petroleum's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Oil and Gas industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Triangle Petroleum'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. Triangle Petroleum 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 Triangle Petroleum 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 Triangle 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 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
-8.6%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Triangle Petroleum expected to grow at an attractive rate?
  • Unable to compare Triangle Petroleum's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Triangle Petroleum's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Triangle Petroleum's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:T6PN Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -8.6%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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
BST:T6PN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 years 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.
BST:T6PN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2016-10-31 254 54 -63
2016-07-31 213 54 -326
2016-04-30 269 120 -736
2016-01-31 341 165 -822
2015-10-31 283 191 -592
2015-07-31 409 219 -292
2015-04-30 563 200 -101
2015-01-31 543 201 93
2014-10-31 472 169 69
2014-07-31 389 113 91
2014-04-30 302 114 83
2014-01-31 241 82 73

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Triangle Petroleum is high growth as no earnings estimate data is available.
  • Unable to determine if Triangle 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.
Raw Data
BST:T6PN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 years ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Triangle Petroleum Company Filings, last reported 2 years ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:T6PN Past Financials Data
Date (Data in USD Millions) EPS *
2016-10-31 -0.83
2016-07-31 -4.29
2016-04-30 -9.72
2016-01-31 -10.89
2015-10-31 -7.80
2015-07-31 -3.74
2015-04-30 -1.25
2015-01-31 1.12
2014-10-31 0.80
2014-07-31 1.07
2014-04-30 1.08
2014-01-31 1.07

*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 Triangle Petroleum will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of T6PN’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. Triangle Petroleum'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. Triangle Petroleum'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 Triangle Petroleum'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Triangle Petroleum 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 Triangle Petroleum performed over the past 5 years?

  • Triangle Petroleum's last earnings update was 898 days ago.
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 Triangle Petroleum'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.
  • Insufficient past earnings data to establish if Triangle Petroleum's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Triangle Petroleum's 1-year growth to the 5-year average as past earnings data has not been reported.
  • Unable to compare Triangle Petroleum's 1-year growth to the Europe Oil and Gas industry average as past earnings data has not been reported.
Earnings and Revenue History
Triangle Petroleum'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 Triangle Petroleum Company Filings, last reported 2 years ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:T6PN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2016-10-31 253.75 -63.29 49.45
2016-07-31 212.55 -325.90 53.54
2016-04-30 269.43 -736.25 52.87
2016-01-31 340.64 -822.34 58.91
2015-10-31 282.50 -591.80 47.87
2015-07-31 409.24 -292.44 51.68
2015-04-30 563.25 -101.34 62.92
2015-01-31 543.18 93.40 61.46
2014-10-31 472.33 68.74 54.74
2014-07-31 389.16 90.56 48.54
2014-04-30 302.33 82.81 41.43
2014-01-31 240.74 73.48 34.63
2013-10-31 182.75 50.05 35.79
2013-07-31 120.46 2.23 31.58
2013-04-30 83.41 -5.52 30.10
2013-01-31 55.87 -13.76 28.54
2012-10-31 37.34 -19.55 23.10
2012-07-31 20.30 -21.06 20.54

*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.
  • Unable to establish if Triangle Petroleum has efficiently used shareholders’ funds last year as no Return on Equity data is available.
  • Unable to establish if Triangle Petroleum has efficiently used its assets last year compared to the DE Oil and Gas industry average (Return on Assets) as past financial data has not been reported.
  • Unable to establish if Triangle Petroleum improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Triangle Petroleum'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.
Triangle 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.

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

Health

 How is Triangle Petroleum's financial health and their level of debt?

In this section we usually analyse Triangle Petroleum's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Triangle Petroleum has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information. You can see them here.

Show me the analysis anyway

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 Triangle Petroleum's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unable to compare short term assets to short term liabilities as Triangle Petroleum has not reported sufficient balance sheet data.
  • Unable to establish if Triangle Petroleum's long term commitments exceed its cash and other short term assets as Triangle Petroleum has not reported sufficient balance sheet data.
Balance sheet
This treemap shows a more detailed breakdown of Triangle 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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Unable to establish if Triangle Petroleum has a high level of physical assets or inventory without balance sheet data.
  • Unable to verify if debt is covered by short term assets as Triangle Petroleum has not reported sufficient balance sheet data.
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 Triangle Petroleum Company Filings, last reported 2 years ago.

BST:T6PN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2016-10-31 -106.07 156.21 10.75
2016-07-31 -137.19 271.06 30.30
2016-04-30 -356.92 982.76 197.65
2016-01-31 -264.58 903.13 115.77
2015-10-31 -106.53 814.54 36.25
2015-07-31 177.69 837.74 45.87
2015-04-30 367.29 822.85 50.28
2015-01-31 545.02 790.31 67.87
2014-10-31 535.74 678.99 53.24
2014-07-31 553.49 632.42 107.53
2014-04-30 538.55 422.84 105.28
2014-01-31 523.16 343.21 81.75
2013-10-31 506.74 298.95 100.16
2013-07-31 271.91 242.31 55.15
2013-04-30 263.49 201.70 61.42
2013-01-31 201.62 148.02 38.18
2012-10-31 209.37 121.50 45.04
2012-07-31 208.25 120.00 116.36
  • Unable to establish if Triangle Petroleum's level of debt is high without past debt data.
  • Unable to establish if Triangle Petroleum's debt level has increased without past 5-year debt data.
  • Unable to verify if debt is well covered by operating cash flow as Triangle Petroleum has not reported sufficient balance sheet data.
  • Unable to confirm if the interest payments on Triangle Petroleum's debt are well covered by earnings due to lack of past financial data.

Next steps:

  1. Take a look at our analysis of T6PN’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. Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. Triangle Petroleum's cash and debt levels may be found in its annual reports archived here.
  3. Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Triangle Petroleum's financial data was last updated here.
  4. Companies with strong financial health are considered a less risky investment. Discover these stocks here.
  5. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Financial health checks
We assess Triangle Petroleum'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. Triangle Petroleum has a total score of 0/6, 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 Triangle Petroleum'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 Triangle Petroleum dividends.
If you bought €2,000 of Triangle Petroleum shares you are expected to receive €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 Triangle Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Triangle Petroleum'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
BST:T6PN 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
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 60 Stocks 5.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

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 Triangle Petroleum has not reported any payouts.
  • Unable to verify if Triangle Petroleum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Triangle Petroleum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Triangle Petroleum 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 Triangle Petroleum's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Triangle Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Triangle Petroleum 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 Triangle Petroleum'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
Ryan McGee
COMPENSATION $1,300,254
AGE 38
TENURE AS CEO 0.3 years
CEO Bio

Mr. Ryan D. McGee has been Chief Executive Officer of Triangle Petroleum Corporation since 2019 and serves as General Counsel and served as its Associate Counsel and Secretary.

CEO Compensation
  • Insufficient data for Ryan to compare compensation growth.
  • Insufficient data for Ryan to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Ryan McGee

TITLE
CEO, General Counsel & Corporate Secretary
COMPENSATION
$1M
AGE
38
TENURE
0.3 yrs

R. Dacar

TITLE
Chief Executive Officer of Rockpile Energy Services LLC
COMPENSATION
$4M
AGE
59

Bradley Sharp

TITLE
Chief Restructuring Officer
AGE
55
TENURE
2 yrs
Board of Directors Tenure

Average tenure and age of the Triangle Petroleum board of directors in years:

7.6
Average Tenure
67
Average Age
  • The tenure for the Triangle Petroleum board of directors is about average.
Board of Directors

Randy Matkaluk

TITLE
Independent Director
COMPENSATION
$189K
AGE
60
TENURE
11.8 yrs

Gus Halas

TITLE
Director
COMPENSATION
$189K
AGE
67
TENURE
7.6 yrs

Jim Shein

TITLE
Independent Director
AGE
75
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Triangle Petroleum'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. Triangle Petroleum 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

Company Info

Description

Triangle Petroleum Corporation, an independent energy company, engages in the exploration, development, and production of oil and natural gas properties in the United States. It operates in two segments, Exploration and Production, and Oilfield Services. As of January 31, 2016, the company had leasehold interests in approximately 103,540 net acres in the Bakken Shale and Three Forks formations in the Williston Basin of North Dakota and Montana. It also offers oilfield services, including hydraulic pressure pumping, wireline, perforating, pump rental, workover, and other complementary services, as well as midstream services. The company was formerly known as Peloton Resources Inc. and changed its name to Triangle Petroleum Corporation in May 2005. Triangle Petroleum Corporation was incorporated in 2003 and is headquartered in Denver, Colorado. On May 8, 2019, Triangle Petroleum Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

Details
Name: Triangle Petroleum Corporation
T6PN
Exchange: BST
Founded: 2003
$204,894
76,550,000
Website: http://www.trianglepetroleum.com
Address: Triangle Petroleum Corporation
1200 17th Street,
Suite 2500,
Denver,
Colorado, 80202,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK TPLM.Q Common Stock Pink Sheets LLC US USD 14. Mar 2005
BST T6PN Common Stock Boerse-Stuttgart DE EUR 14. Mar 2005
Number of employees
Current staff
Staff numbers
0
Triangle Petroleum employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 21:50
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2016/12/07
Last earnings reported: 2016/10/31
Last annual earnings reported: 2016/01/31


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.