Bonanza Creek Energy, Inc., an exploration and production company, focuses on the extraction of onshore oil and related liquids-rich natural gas in the United States.
Undervalued with excellent balance sheet.
Share Price & News
How has Bonanza Creek Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: B2CN's share price has been volatile over the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: B2CN underperformed the German Oil and Gas industry which returned 80.1% over the past year.
Return vs Market: B2CN underperformed the German Market which returned 15% over the past year.
Price Volatility Vs. Market
How volatile is Bonanza Creek Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Bonanza Creek Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: B2CN (€16.1) is trading below our estimate of fair value (€151.93)
Significantly Below Fair Value: B2CN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: B2CN is good value based on its PE Ratio (2.1x) compared to the Oil and Gas industry average (10.9x).
PE vs Market: B2CN is good value based on its PE Ratio (2.1x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: B2CN is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: B2CN is good value based on its PB Ratio (0.4x) compared to the DE Oil and Gas industry average (1.3x).
How is Bonanza Creek Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: B2CN's forecast earnings growth (1.7% per year) is above the savings rate (-0.4%).
Earnings vs Market: B2CN's earnings (1.7% per year) are forecast to grow slower than the German market (13.3% per year).
High Growth Earnings: B2CN's earnings are forecast to grow, but not significantly.
Revenue vs Market: B2CN's revenue (17.7% per year) is forecast to grow faster than the German market (5% per year).
High Growth Revenue: B2CN's revenue (17.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if B2CN's Return on Equity is forecast to be high in 3 years time
How has Bonanza Creek Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B2CN has a high level of non-cash earnings.
Growing Profit Margin: B2CN's current net profit margins (58.7%) are higher than last year (21.6%).
Past Earnings Growth Analysis
Earnings Trend: B2CN has become profitable over the past 5 years, growing earnings by 40.3% per year.
Accelerating Growth: B2CN's earnings growth over the past year (213.2%) exceeds its 5-year average (40.3% per year).
Earnings vs Industry: B2CN earnings growth over the past year (213.2%) exceeded the Oil and Gas industry -5.3%.
Return on Equity
High ROE: B2CN's Return on Equity (18.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Bonanza Creek Energy's financial position?
Financial Position Analysis
Short Term Liabilities: B2CN's short term assets ($119.2M) exceed its short term liabilities ($103.8M).
Long Term Liabilities: B2CN's short term assets ($119.2M) do not cover its long term liabilities ($158.0M).
Debt to Equity History and Analysis
Debt Level: B2CN's debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: B2CN's debt to equity ratio has reduced from 103.6% to 8.5% over the past 5 years.
Inventory Level: B2CN has a high level of physical assets or inventory.
Debt Coverage by Assets: B2CN's debt is covered by short term assets (assets are 1.5x 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: B2CN is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: B2CN is profitable, therefore cash runway is not a concern.
What is Bonanza Creek Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate B2CN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate B2CN'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 B2CN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if B2CN'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 B2CN's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Eric Greager (48yo)
Mr. Eric T. Greager has been President, Chief Executive Officer and Director of Bonanza Creek Energy, Inc. since April 11, 2018. Mr. Greager’s 20 years of management experience in oil and gas includes role ...
CEO Compensation Analysis
Compensation vs Market: Eric's total compensation ($USD5.98M) is above average for companies of similar size in the German market ($USD801.26K).
Compensation vs Earnings: Insufficient data to compare Eric's compensation with company performance.
|Executive VP & CFO||1.3yrs||US$778.26k||0.18% $603.6k|
|Senior Vice President of Operations||2.3yrs||US$1.19m||0.028% $93.7k|
|VP & Chief Accounting Officer||2.3yrs||US$823.85k||0.000010% $33.4|
|Executive VP||3.3yrs||US$1.36m||0.067% $223.8k|
|Senior Director of Finance & Investor Relations and Treasurer||0yrs||no data||no data|
Experienced Management: B2CN's management team is considered experienced (2.3 years average tenure).
|Independent Director||2.8yrs||US$92.50k||no data|
|Independent Director||2.8yrs||US$97.75k||no data|
|Independent Director||5.3yrs||US$92.50k||0.00036% $1.2k|
|Independent Director||2.8yrs||US$99.00k||no data|
|Independent Chairman of the Board||0.7yrs||US$88.00k||no data|
|Independent Director||2.8yrs||US$100.00k||no data|
|Director||0.3yrs||no data||no data|
Experienced Board: B2CN's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: B2CN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bonanza Creek Energy, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Bonanza Creek Energy, Inc.
- Ticker: B2CN
- Exchange: DB
- Founded: 1999
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$361.937m
- Listing Market Cap: US$334.068m
- Shares outstanding: 20.63m
- Website: https://www.bonanzacrk.com
Number of Employees
- Bonanza Creek Energy, Inc.
- 410 17th Street
- Suite 1400
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|B2CN||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||May 2017|
|BCEI||NYSE (New York Stock Exchange)||Yes||New Common Shares||US||USD||May 2017|
Bonanza Creek Energy, Inc., an exploration and production company, focuses on the extraction of onshore oil and related liquids-rich natural gas in the United States. The company’s primary oil and liquids-weighted assets are located in the Wattenberg Field in Colorado. As of December 31, 2018, it had proved reserves of 116.8 million barrel of oil equivalent. Bonanza Creek Energy, Inc. was founded in 1999 and is headquartered in Denver, Colorado.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 22:35|
|End of Day Share Price||2020/02/17 00:00|
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.