DB:0UF

Stock Analysis Report

Oronova Energy

Executive Summary

Oronova Energy Inc., a development stage company, engages in the acquisition, exploration, development, and production of crude oil and natural gas reserves.

Risk Analysis

Earnings have declined by -41.41% per year over past 5 years

Has less than 1 year of cash runway

Does not have a meaningful market cap (€2M)

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 2 more risks


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 0UF's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-30.4%

0UF

1.6%

DE Oil and Gas

0.5%

DE Market


1 Year Return

-64.4%

0UF

80.3%

DE Oil and Gas

15.5%

DE Market

Return vs Industry: 0UF underperformed the German Oil and Gas industry which returned 48.3% over the past year.

Return vs Market: 0UF underperformed the German Market which returned 17.1% over the past year.


Shareholder returns

0UFIndustryMarket
7 Day-30.4%1.6%0.5%
30 Day-17.9%-4.4%1.4%
90 Day-17.9%32.9%5.3%
1 Year-64.4%-64.4%86.5%80.3%19.2%15.5%
3 Yearn/a28.4%17.4%15.7%5.5%
5 Yearn/a329.8%261.1%27.3%10.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Oronova Energy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Oronova Energy 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.


Next Steps

  • Take a look at our analysis of 0UF’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.
  • 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 Oronova Energy regulatory filings.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Oronova Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.4%

Forecasted Energy industry annual growth in earnings


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 Oronova 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Oronova Energy performed over the past 5 years?

-41.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0UF is currently unprofitable.

Growing Profit Margin: 0UF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 0UF is unprofitable, and losses have increased over the past 5 years at a rate of -41.4% per year.

Accelerating Growth: Unable to compare 0UF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 0UF is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-5.1%).


Return on Equity

High ROE: 0UF's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Oronova Energy's financial position?


Financial Position Analysis

Short Term Liabilities: 0UF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 0UF has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 0UF is debt free.

Reducing Debt: 0UF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 0UF has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 0UF's debt is covered by short term assets.


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: 0UF has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 0UF has less than a year of cash runway if free cash flow continues to reduce at historical rates of -14.5% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.5%industryaverage5.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 0UF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 0UF's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 0UF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 0UF'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 0UF's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

1.9yrs

Average board tenure


CEO

Geir Liland 0

0yrs

Tenure

CA$27,650

Compensation

Geir Liland has been Director of Oronova Energy Inc. since February 15, 2018 and serves as its Chief Executive Officer. 


Board Age and Tenure

1.9yrs

Average Tenure

Experienced Board: 0UF's board of directors are not considered experienced ( 1.9 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.


Recent Insider Transactions

Sell€50,73307 Mar 19
David Farrell
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares850,000
Max Price€0.06
Buy€50,73307 Mar 19
Davisa Capital Corp., Asset Management Arm
EntityCompany
Shares850,000
Max Price€0.06

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.2%.


Management Team

  • Joanna Vastardis

    CFO, Secretary & Director

    • Tenure: 3yrs
    • Compensation: CA$11.06k
  • Raj Patel

    Vice President of Marketing & Risk Management

    • Tenure: 2.6yrs
  • Geir Liland

    CEO & Director

    • Compensation: CA$27.65k

Board Members

  • Joanna Vastardis

    CFO, Secretary & Director

    • Tenure: 3yrs
    • Compensation: CA$11.06k
  • David Farrell

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: CA$27.65k
  • Geir Liland

    CEO & Director

    • Compensation: CA$27.65k
  • Quentin Adrian

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: CA$27.65k

Company Information

Oronova Energy Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oronova Energy Inc.
  • Ticker: 0UF
  • Exchange: DB
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$1.962m
  • Listing Market Cap: CA$1.351m
  • Shares outstanding: 43.60m
  • Website: https://null

Location

  • Oronova Energy Inc.
  • 700 West Georgia Street
  • 25th Floor
  • Vancouver
  • British Columbia
  • V7Y 1B3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ONVTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
ONVR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988
0UFDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988

Biography

Oronova Energy Inc., a development stage company, engages in the acquisition, exploration, development, and production of crude oil and natural gas reserves. The company was formerly known as Oronova Resource Corp. and changed its name to Oronova Energy Inc. in December 2016. Oronova Energy Inc. is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/23 23:15
End of Day Share Price2020/01/23 00:00
Earnings2019/10/31
Annual Earnings2019/01/31


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.