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Bonanza Creek Energy

DB:B2CN
Snowflake Description

Excellent balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
B2CN
DB
$387M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

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 last earnings update was 42 days ago. More info.


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  • Bonanza Creek Energy has significant price volatility in the past 3 months.
B2CN Share Price and Events
7 Day Returns
-0.1%
DB:B2CN
-4.5%
DE Oil and Gas
0.7%
DE Market
1 Year Returns
-41.8%
DB:B2CN
14.3%
DE Oil and Gas
-8.7%
DE Market
B2CN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bonanza Creek Energy (B2CN) -0.1% -25.7% -20.4% -41.8% - -
DE Oil and Gas -4.5% -0.5% 9.1% 14.3% 18.1% 68.8%
DE Market 0.7% -1.2% 0.2% -8.7% 10% 8.1%
1 Year Return vs Industry and Market
  • B2CN underperformed the Oil and Gas industry which returned 14.3% over the past year.
  • B2CN underperformed the Market in Germany which returned -8.7% over the past year.
Price Volatility
B2CN
Industry
5yr Volatility vs Market

B2CN Value

 Is Bonanza Creek Energy 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bonanza Creek Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bonanza Creek Energy.

DB:B2CN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:B2CN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.914 (1 + (1- 21%) (25.29%))
1.065
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.065 * 5.96%)
6.57%

Discounted Cash Flow Calculation for DB:B2CN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bonanza Creek Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:B2CN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.57%)
2019 -27.47 Est @ 1.86% -25.78
2020 -27.85 Est @ 1.37% -24.52
2021 8.00 Analyst x1 6.61
2022 8.08 Est @ 1.03% 6.26
2023 8.15 Est @ 0.79% 5.92
2024 8.20 Est @ 0.62% 5.59
2025 8.24 Est @ 0.5% 5.27
2026 8.27 Est @ 0.42% 4.97
2027 8.30 Est @ 0.36% 4.68
2028 8.33 Est @ 0.32% 4.41
Present value of next 10 years cash flows $-6.57
DB:B2CN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $8.33 × (1 + 0.23%) ÷ (6.57% – 0.23%)
$131.53
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $131.53 ÷ (1 + 6.57%)10
$69.58
DB:B2CN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $-6.57 + $69.58
$63.01
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $63.01 / 20.62
$3.05
DB:B2CN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:B2CN represents 0.885x of NYSE:BCEI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.885x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 3.05 x 0.885
€2.70
Value per share (EUR) From above. €2.70
Current discount Discount to share price of €15.93
= -1 x (€15.93 - €2.70) / €2.70
-489.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Bonanza Creek Energy is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Bonanza Creek Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bonanza Creek Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:B2CN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $7.18
NYSE:BCEI Share Price ** NYSE (2019-06-19) in USD $18
Germany Oil and Gas Industry PE Ratio Median Figure of 5 Publicly-Listed Oil and Gas Companies 8.95x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.53x

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

** Primary Listing of Bonanza Creek Energy.

DB:B2CN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:BCEI Share Price ÷ EPS (both in USD)

= 18 ÷ 7.18

2.51x

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

  • Bonanza Creek Energy is good value based on earnings compared to the DE Oil and Gas industry average.
  • Bonanza Creek Energy is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Bonanza Creek Energy's expected growth come at a high price?
Raw Data
DB:B2CN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
13.1%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 58 Publicly-Listed Oil and Gas Companies 0.88x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

DB:B2CN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 2.51x ÷ 13.1%

0.19x

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

  • Bonanza Creek Energy is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Bonanza Creek Energy's assets?
Raw Data
DB:B2CN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $41.74
NYSE:BCEI Share Price * NYSE (2019-06-19) in USD $18
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.27x
Germany Market PB Ratio Median Figure of 575 Publicly-Listed Companies 1.78x
DB:B2CN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:BCEI Share Price ÷ Book Value per Share (both in USD)

= 18 ÷ 41.74

0.43x

* Primary Listing of Bonanza Creek Energy.

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

  • Bonanza Creek Energy is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Bonanza Creek Energy'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. Bonanza Creek Energy has a total score of 4/6, 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.

B2CN Future Performance

 How is Bonanza Creek Energy expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
13.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bonanza Creek Energy expected to grow at an attractive rate?
  • Bonanza Creek Energy's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Bonanza Creek Energy's earnings growth is expected to exceed the Germany market average.
  • Bonanza Creek Energy's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:B2CN Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:B2CN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 13.1%
DB:B2CN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 22.3%
Germany Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -5.1%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*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
DB:B2CN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:B2CN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 323
2020-12-31 421 286 151 2
2019-12-31 342 214 83 2
DB:B2CN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 285 142 147
2018-12-31 277 117 168
2018-09-30 261 83 56
2018-06-30 231 74 17
2018-03-31 204 8 106
2017-12-31 192 8 -2
2017-09-30 189 -24 -64
2017-06-30 193 -24 -103
2017-03-31 204 4 -246
2016-12-31 195 15 -199
2016-09-30 205 83 -705
2016-06-30 228 142 -783

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bonanza Creek Energy's earnings are expected to grow by 13.1% yearly, however this is not considered high growth (20% yearly).
  • Bonanza Creek Energy's revenue is expected to grow significantly at over 20% yearly.
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
DB:B2CN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

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

DB:B2CN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 7.29 9.11 5.46 2.00
2019-12-31 5.00 5.03 4.96 2.00
DB:B2CN Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 7.18
2018-12-31 8.20
2018-09-30 2.75
2018-06-30 0.84
2018-03-31 3.03
2017-12-31 -0.08
2017-09-30 -2.57
2017-06-30 -5.18
2017-03-31 -556.24
2016-12-31 -450.61
2016-09-30 -1,599.83
2016-06-30 -1,778.44

*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 Bonanza Creek Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Bonanza Creek Energy'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.
Bonanza Creek Energy has a total score of 4/6, 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.

B2CN Past Performance

  How has Bonanza Creek Energy performed over the past 5 years?

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 Bonanza Creek Energy'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.
  • Bonanza Creek Energy's year on year earnings growth rate has been positive over the past 5 years.
  • Bonanza Creek Energy's 1-year earnings growth exceeds its 5-year average (39.4% vs 16%)
  • Bonanza Creek Energy's earnings growth has not exceeded the Europe Oil and Gas industry average in the past year (39.4% vs 43.2%).
Earnings and Revenue History
Bonanza Creek Energy'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 Bonanza Creek Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:B2CN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 285.06 147.32 43.56
2018-12-31 276.66 168.19 42.74
2018-09-30 260.63 56.20 45.44
2018-06-30 231.49 17.17 47.22
2018-03-31 203.76 105.67 46.77
2017-12-31 192.12 -2.48 52.71
2017-09-30 189.20 -63.93 44.04
2017-06-30 193.29 -103.16 50.04
2017-03-31 203.68 -245.99 56.46
2016-12-31 195.30 -198.95 77.11
2016-09-30 205.06 -705.28 67.16
2016-06-30 227.89 -782.68 73.29
2016-03-31 263.78 -774.36 84.53
2015-12-31 292.68 -745.55 86.15
2015-09-30 358.83 -213.78 88.89
2015-06-30 443.05 -53.55 82.20
2015-03-31 504.31 -11.39 86.99
2014-12-31 558.63 16.61 86.92
2014-09-30 568.51 83.39 81.77
2014-06-30 538.11 52.94 79.57
2014-03-31 470.95 66.22 61.58
2013-12-31 421.86 67.92 58.02
2013-09-30 362.39 55.43 53.93
2013-06-30 294.74 39.58 53.71
2013-03-31 261.68 46.50 48.69
2012-12-31 231.21 43.71 42.12
2012-09-30 192.73 31.13 40.78
2012-06-30 160.32 36.32 29.29

*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.
  • Bonanza Creek Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bonanza Creek Energy used its assets more efficiently than the DE Oil and Gas industry average last year based on Return on Assets.
  • Bonanza Creek Energy has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Bonanza Creek Energy'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.
Bonanza Creek Energy has a total score of 4/6, 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.

B2CN Health

 How is Bonanza Creek Energy's financial health and their level of debt?

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 Bonanza Creek Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bonanza Creek Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bonanza Creek Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Bonanza Creek Energy'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
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 Bonanza Creek Energy Company Filings, last reported 2 months ago.

DB:B2CN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 858.15 97.79 32.70
2018-12-31 863.91 50.00 12.92
2018-09-30 755.60 0.00 24.01
2018-06-30 710.43 60.00 21.99
2018-03-31 703.21 15.00 5.76
2017-12-31 688.33 0.00 12.71
2017-09-30 693.07 0.00 31.10
2017-06-30 686.41 0.00 54.21
2017-03-31 -73.83 1,057.73 91.94
2016-12-31 19.06 985.37 80.57
2016-09-30 84.76 1,022.74 133.43
2016-06-30 117.80 1,066.50 170.17
2016-03-31 164.95 1,094.09 218.60
2015-12-31 209.41 871.67 21.34
2015-09-30 779.55 875.70 25.33
2015-06-30 888.52 850.01 15.34
2015-03-31 925.77 807.31 70.51
2014-12-31 740.07 840.62 2.58
2014-09-30 780.54 807.93 92.62
2014-06-30 680.10 508.23 36.56
2014-03-31 671.90 508.54 131.34
2013-12-31 656.03 508.85 180.58
2013-09-30 628.48 338.50 17.37
2013-06-30 608.42 300.00 46.08
2013-03-31 591.24 191.50 3.17
2012-12-31 578.52 158.00 4.27
2012-09-30 564.36 122.30 4.85
2012-06-30 559.50 62.60 2.61
  • Bonanza Creek Energy's level of debt (7.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (75.7% vs 7.6% today).
  • Debt is well covered by operating cash flow (219.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 35.8x coverage).
X
Financial health checks
We assess Bonanza Creek Energy'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. Bonanza Creek Energy has a total score of 5/6, 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.

B2CN Dividends

 What is Bonanza Creek Energy'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 Bonanza Creek Energy dividends.
If you bought €2,000 of Bonanza Creek Energy 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 Bonanza Creek Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bonanza Creek Energy'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
DB:B2CN 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 2 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 58 Stocks 5.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
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.

DB:B2CN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

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

  • Unable to perform a dividend volatility check as Bonanza Creek Energy has not reported any payouts.
  • Unable to verify if Bonanza Creek Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bonanza Creek Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bonanza Creek Energy 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 Bonanza Creek Energy'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 Bonanza Creek Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bonanza Creek Energy 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.

B2CN Management

 What is the CEO of Bonanza Creek Energy'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
Eric Greager
COMPENSATION $5,979,777
AGE 47
TENURE AS CEO 1.2 years
CEO Bio

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 roles leading engineering, geoscience and A&D functions, as well as field operations teams from D&C through production. Most recently, Mr. Greager led Encana’s Western Operating Area, which includes Eagle Ford, San Juan and Wind River assets. Mr. Greager’s experience with both the operating and technical aspects of the D-J Basin and his demonstrated leadership of several units within Encana have led the Board of Directors of Bonanza Creek to conclude that he will be a superb leader of the Company as it executes its development plan. He served as a Vice-President and General Manager at Encana Oil & Gas (USA) Inc.Mr. Greager joined Encana in 2006 and served in various management and executive positions, including as a member of the boards of directors of Encana Procurement Inc. and Encana Oil & Gas (USA) Inc. In addition, Mr. Greager serves on the board of trustees of the Texas Parks and Wildlife Foundation and previously served on the board of directors of Western Energy Alliance and the board of managers of Hunter Ridge Energy Services. Mr. Greager received his Master’s Degree in Economics from the University of Oklahoma and his Bachelor’s Degree in Engineering from the Colorado School of Mines

CEO Compensation
  • Insufficient data for Eric to compare compensation growth.
  • Eric's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Bonanza Creek Energy management team in years:

1.6
Average Tenure
47
Average Age
  • The average tenure for the Bonanza Creek Energy management team is less than 2 years, this suggests a new team.
Management Team

Eric Greager

TITLE
President
COMPENSATION
$6M
AGE
47
TENURE
1.2 yrs

Brant DeMuth

TITLE
Executive VP & CFO
COMPENSATION
$778K
AGE
57
TENURE
0.6 yrs

Dean Tinsley

TITLE
Senior Vice President of Operations
COMPENSATION
$1M
AGE
46
TENURE
1.6 yrs

Sandi Garbiso

TITLE
VP & Chief Accounting Officer
COMPENSATION
$824K
AGE
39
TENURE
1.6 yrs

Skip Marter

TITLE
Executive VP
COMPENSATION
$1M
AGE
54
TENURE
2.7 yrs

Doug Atkinson

TITLE
Senior Manager of Investor Relations
Board of Directors Tenure

Average tenure and age of the Bonanza Creek Energy board of directors in years:

2.2
Average Tenure
55
Average Age
  • The average tenure for the Bonanza Creek Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Brian Steck

TITLE
Chairman of the Board
COMPENSATION
$88K
AGE
51

Eric Greager

TITLE
President
COMPENSATION
$6M
AGE
47
TENURE
1.2 yrs

Jeff Wojahn

TITLE
Director
COMPENSATION
$93K
AGE
55
TENURE
4.6 yrs

Paul Keglevic

TITLE
Director
COMPENSATION
$99K
AGE
64
TENURE
2.2 yrs

Scott Vogel

TITLE
Director
COMPENSATION
$100K
AGE
43
TENURE
2.2 yrs

Tom Tyree

TITLE
Director
COMPENSATION
$93K
AGE
57
TENURE
2.2 yrs

Jack Vaughn

TITLE
Director
COMPENSATION
$98K
AGE
72
TENURE
2.2 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 (€)
04. Dec 18 Sell Sandra Garbiso Individual 03. Dec 18 03. Dec 18 -551 €24.20 €-13,336
06. Sep 18 Buy Mangrove Partners Company 22. Aug 18 04. Sep 18 216,572 €27.93 €5,840,559
20. Aug 18 Buy Mangrove Partners Company 14. Aug 18 17. Aug 18 210,319 €27.92 €5,847,619
14. Aug 18 Buy Mangrove Partners Company 13. Aug 18 13. Aug 18 165,822 €28.00 €4,627,736
X
Management checks
We assess Bonanza Creek Energy'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. Bonanza Creek Energy 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.

B2CN News

Simply Wall St News

B2CN Company Info

Description

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.

Details
Name: Bonanza Creek Energy, Inc.
B2CN
Exchange: DB
Founded: 1999
$344,750,638
20,624,454
Website: http://www.bonanzacrk.com
Address: Bonanza Creek Energy, Inc.
410 17th Street,
Suite 1400,
Denver,
Colorado, 80202,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE BCEI New Common Shares New York Stock Exchange US USD 01. May 2017
DB B2CN New Common Shares Deutsche Boerse AG DE EUR 01. May 2017
Number of employees
Current staff
Staff numbers
144
Bonanza Creek Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 22:12
End of day share price update: 2019/06/19 00:00
Last estimates confirmation: 2019/05/23
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.