DB:7HI

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Hillcrest Petroleum

Executive Summary

Hillcrest Petroleum Ltd. engages in the acquisition, exploration, development, and production of oil and gas reserves in North America.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 7HI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

68.4%

7HI

6.9%

DE Oil and Gas

6.8%

DE Market


1 Year Return

23.1%

7HI

34.6%

DE Oil and Gas

5.6%

DE Market

Return vs Industry: 7HI underperformed the German Oil and Gas industry which returned 31.5% over the past year.

Return vs Market: 7HI exceeded the German Market which returned 4.4% over the past year.


Shareholder returns

7HIIndustryMarket
7 Day68.4%6.9%6.8%
30 Day0%22.8%14.0%
90 Day68.4%5.3%7.5%
1 Year23.1%23.1%38.4%34.6%7.4%5.6%
3 Year-55.6%-55.6%8.7%-1.7%0.3%-7.3%
5 Year-33.3%-33.3%172.6%134.1%12.4%-2.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


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


Next Steps

  • Take a look at our analysis of 7HI’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 Hillcrest Petroleum regulatory filings.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

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

36.6%

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 Hillcrest 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Hillcrest Petroleum performed over the past 5 years?

0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 7HI is currently unprofitable.

Growing Profit Margin: 7HI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 7HI is unprofitable, but has reduced losses over the past 5 years at a rate of 0.7% per year.

Accelerating Growth: Unable to compare 7HI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 7HI is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-9.2%).


Return on Equity

High ROE: 7HI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Hillcrest Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: 7HI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 7HI 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: 7HI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 7HI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: 7HI has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: 7HI is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 7HI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 7HI'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 7HI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 7HI'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 7HI's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Don Currie (57yo)

9.92yrs

Tenure

CA$145,000

Compensation

Mr. Donald J. Currie, also known as Don, has been the Chief Executive Officer of Hillcrest Petroleum Ltd. since July 10, 2010. Mr. Currie served as Director of Investor Relations of Enhanced Oil Resources  ...


CEO Compensation Analysis

Compensation vs Market: Don's total compensation ($USD108.16K) is below average for companies of similar size in the German market ($USD417.41K).

Compensation vs Earnings: Don's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Krzus
Executive Chairman & Technical Director4.83yrsCA$120.00k3.7% CA$75.8k
Donald Currie
CEO & Director9.92yrsCA$145.00k9.29% CA$190.2k
Dale Miller
Chief Operating Officer2yrsCA$40.55kno data
Lewis Parker
Consultantno datano datano data
Aaron Triplett
CFO & Corporate Secretary0.42yrno datano data

2.0yrs

Average Tenure

Experienced Management: 7HI's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Krzus
Executive Chairman & Technical Director4.83yrsCA$120.00k3.7% CA$75.8k
Donald Currie
CEO & Director9.92yrsCA$145.00k9.29% CA$190.2k
Thomas Milne
Independent Director7.58yrsno data0.31% CA$6.3k
David M. Stone
Independent Director12.92yrsno data1.46% CA$29.9k
Robert Lambert
Independent Director2.5yrsCA$15.70k1.58% CA$32.3k

7.6yrs

Average Tenure

61yo

Average Age

Experienced Board: 7HI's board of directors are considered experienced (7.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 7HI 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 36.3%.


Top Shareholders

Company Information

Hillcrest Petroleum Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hillcrest Petroleum Ltd.
  • Ticker: 7HI
  • Exchange: DB
  • Founded: 2006
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$3.107m
  • Listing Market Cap: CA$2.048m
  • Shares outstanding: 124.28m
  • Website: https://www.hillcrestpetroleum.com

Location

  • Hillcrest Petroleum Ltd.
  • 1030 West Georgia Street
  • Suite 1300
  • Vancouver
  • British Columbia
  • V6E 2Y3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HRHTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2011
7HIDB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2011
HLRT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMar 2011

Biography

Hillcrest Petroleum Ltd. engages in the acquisition, exploration, development, and production of oil and gas reserves in North America. It holds an agreement to acquire a 75% working interest in the Western Canadian Sedimentary Basin located in the provinces of Alberta and Saskatchewan. Hillcrest Petroleum Ltd. has a strategic alliance with Xstate Resources Limited. The company was formerly known as Hillcrest Resources Ltd. and changed its name to Hillcrest Petroleum Ltd. in March 2015. Hillcrest Petroleum Ltd. was founded in 2006 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 23:08
End of Day Share Price2020/06/05 00:00
Earnings2019/09/30
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.