Loading...

Canada Energy Partners

DB:CP1
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CP1
DB
CA$904K
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Canada Energy Partners Inc. operates as an independent natural gas exploration and development company. The last earnings update was 58 days ago. More info.


Add to Portfolio Compare Print
  • Canada Energy Partners has significant price volatility in the past 3 months.
CP1 Share Price and Events
7 Day Returns
0%
DB:CP1
-0.1%
DE Oil and Gas
-2.3%
DE Market
1 Year Returns
-90.9%
DB:CP1
12.2%
DE Oil and Gas
-11.5%
DE Market
CP1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Canada Energy Partners (CP1) 0% -87.5% -75% -90.9% -85.7% -98.1%
DE Oil and Gas -0.1% 4.7% 10.3% 12.2% 14.9% 66.9%
DE Market -2.3% -4.9% 0.8% -11.5% 5.7% 6.6%
1 Year Return vs Industry and Market
  • CP1 underperformed the Oil and Gas industry which returned 12.2% over the past year.
  • CP1 underperformed the Market in Germany which returned -11.5% over the past year.
Price Volatility
CP1
Industry
5yr Volatility vs Market

Value

 Is Canada Energy Partners 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 Canada Energy Partners is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Canada Energy Partners 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 Canada Energy Partners. This is due to cash flow or dividend data being unavailable. The share price is €0.001.
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 Canada Energy Partners's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Canada Energy Partners's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CP1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-01-31) in CAD CA$0.00
TSXV:CE Share Price ** TSXV (2019-05-24) in CAD CA$0.01
Germany Oil and Gas Industry PE Ratio Median Figure of 5 Publicly-Listed Oil and Gas Companies 9.44x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 20.2x

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

** Primary Listing of Canada Energy Partners.

DB:CP1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:CE Share Price ÷ EPS (both in CAD)

= 0.01 ÷ 0.00

-6.27x

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

  • Canada Energy Partners is loss making, we can't compare its value to the DE Oil and Gas industry average.
  • Canada Energy Partners is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Canada Energy Partners's expected growth come at a high price?
Raw Data
DB:CP1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.27x
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 60 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.5x

*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 Canada Energy Partners, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Canada Energy Partners's assets?
Raw Data
DB:CP1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-01-31) in CAD CA$-0.01
TSXV:CE Share Price * TSXV (2019-05-24) in CAD CA$0.01
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.07x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.77x
DB:CP1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CE Share Price ÷ Book Value per Share (both in CAD)

= 0.01 ÷ -0.01

-1.4x

* Primary Listing of Canada Energy Partners.

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

  • Canada Energy Partners has negative assets, we can't compare the value of its assets to the DE Oil and Gas industry average.

Next steps:

  1. Take a look at our analysis of CP1’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 Canada Energy Partners'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 Canada Energy Partners'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. Canada Energy Partners 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 Canada Energy Partners 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 Canada Energy Partners 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
-8.5%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Canada Energy Partners expected to grow at an attractive rate?
  • Unable to compare Canada Energy Partners's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Canada Energy Partners's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Canada Energy Partners's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:CP1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -8.5%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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:CP1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:CP1 Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-01-31 0 0
2018-10-31 0 0
2018-07-31 0 0
2018-04-30 0 -1
2018-01-31 0 0 -2
2017-10-31 0 -1 -2
2017-07-31 0 -1 -2
2017-04-30 0 -2 -2
2017-01-31 0 -2 -15
2016-10-31 -1 -15
2016-07-31 -1 -15
2016-04-30 0 -15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Canada Energy Partners is high growth as no earnings estimate data is available.
  • Unable to determine if Canada Energy Partners 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
DB:CP1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Canada Energy Partners Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CP1 Past Financials Data
Date (Data in CAD Millions) EPS *
2019-01-31 0.00
2018-10-31 0.00
2018-07-31 0.00
2018-04-30 -0.01
2018-01-31 -0.03
2017-10-31 -0.03
2017-07-31 -0.03
2017-04-30 -0.03
2017-01-31 -0.16
2016-10-31 -0.16
2016-07-31 -0.16
2016-04-30 -0.16

*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 Canada Energy Partners will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CP1’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. Canada Energy Partners'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. Canada Energy Partners'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 Canada Energy Partners'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.
Canada Energy Partners 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 Canada Energy Partners 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 Canada Energy Partners'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.
  • Canada Energy Partners does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Canada Energy Partners's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Canada Energy Partners's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Canada Energy Partners'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 Canada Energy Partners Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CP1 Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-01-31 -0.14 0.21 0.00
2018-10-31 -0.22 0.28 0.00
2018-07-31 -0.32 0.34 0.02
2018-04-30 -0.53 0.43 0.03
2018-01-31 0.32 -2.31 0.44 0.06
2017-10-31 0.48 -2.41 0.44 0.09
2017-07-31 0.48 -2.38 0.48 0.08
2017-04-30 0.48 -2.41 0.49 0.10
2017-01-31 0.16 -14.84 0.49 0.09
2016-10-31 -14.63 0.54 0.06
2016-07-31 -14.72 0.61 0.05
2016-04-30 -14.70 0.60 0.02
2016-01-31 -11.18 0.66
2015-10-31 -11.34 0.66
2015-07-31 -11.31 0.62
2015-04-30 -11.34 0.66
2015-01-31 -27.97 0.66
2014-10-31 -27.98 0.72
2014-07-31 -28.30 0.81
2014-04-30 -28.25 0.81
2014-01-31 -1.06 0.82
2013-10-31 -1.00 0.75
2013-07-31 -0.58 0.73
2013-04-30 -0.57 0.73
2013-01-31 -0.29 0.74
2012-10-31 -0.45 0.88
2012-07-31 -0.73 0.91

*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.
  • It is difficult to establish if Canada Energy Partners has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Canada Energy Partners has efficiently used its assets last year compared to the DE Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Canada Energy Partners improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Canada Energy Partners'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.
Canada Energy Partners 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 Canada Energy Partners'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 Canada Energy Partners's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Canada Energy Partners's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Canada Energy Partners's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Canada Energy Partners'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.
  • Low level of unsold assets.
  • Canada Energy Partners has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Canada Energy Partners Company Filings, last reported 3 months ago.

DB:CP1 Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-01-31 -0.65 0.53 0.00
2018-10-31 -0.59 0.49 0.00
2018-07-31 -0.56 0.47 0.01
2018-04-30 -0.62 0.56 0.02
2018-01-31 -0.50 0.43 0.02
2017-10-31 -0.37 0.41 0.09
2017-07-31 -0.24 0.37 0.07
2017-04-30 -0.09 0.35 0.27
2017-01-31 1.81 0.28 0.22
2016-10-31 2.04 0.26 0.57
2016-07-31 2.14 0.34 0.17
2016-04-30 2.32 0.39 0.35
2016-01-31 16.65 0.05 0.12
2015-10-31 16.66 0.05 0.03
2015-07-31 16.85 0.00 0.02
2015-04-30 17.01 0.00 0.05
2015-01-31 27.80 0.00 0.18
2014-10-31 27.97 0.00 0.34
2014-07-31 40.02 0.00 12.70
2014-04-30 40.20 0.50 0.37
2014-01-31 67.63 0.00 0.02
2013-10-31 67.78 0.22 0.21
2013-07-31 67.72 0.12 0.06
2013-04-30 67.85 0.00 0.15
2013-01-31 68.09 0.00 0.14
2012-10-31 68.22 0.00 0.09
2012-07-31 68.28 0.00 0.42
  • Canada Energy Partners has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Canada Energy Partners's debt level has increased considering it has negative shareholder equity.
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.

  • Canada Energy Partners has less than a year of cash runway based on current free cash flow.
  • Canada Energy Partners has less than a year of cash runway if free cash flow continues to reduce at historical rates of -20.2% each year.
X
Financial health checks
We assess Canada Energy Partners'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. Canada Energy Partners 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 Canada Energy Partners'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 Canada Energy Partners dividends.
If you bought €2,000 of Canada Energy Partners 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 Canada Energy Partners's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Canada Energy Partners'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:CP1 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 5.5%
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 Canada Energy Partners has not reported any payouts.
  • Unable to verify if Canada Energy Partners's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Canada Energy Partners's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Canada Energy Partners 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 Canada Energy Partners'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 Canada Energy Partners afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Canada Energy Partners 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 Canada Energy Partners'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
Ben Jones
COMPENSATION CA$248,447
AGE 65
TENURE AS CEO 11.6 years
CEO Bio

Mr. Benjamin M. Jones, known as Ben, has been the Chief Executive Officer of Canada Energy Partners, Inc. since October 2, 2007 and its President since June 24, 2008. Mr. Jones served as a Vice President of Exploration at Triumph Pacific Oil & Gas Corp. from May 31, 2006 to October 1, 2007. He was responsible for coordinating all of the Triumph Pacific's exploration and prospect development including geological and geophysical activities. He has been involved in the oil and gas business since 1977. He served as a Senior Geological Advisor of Canada Energy Partners Inc. He founded Peace River Project through PRLP and PRC, secured the leases and raised sufficient funds to drill 12 wells. He served as an Exploitation Engineer of Placid Oil Company from 1977 to 1981. In 1981, he became an Independent Explorationist, screening, generating and promoting drilling prospects on the eastern shelf of the Permian Basin of West Central Texas. In 1986, he shifted his focus to the Gulf Coast Basin and toward raising drilling funds and investing in drilling prospects. In 1988, he partnered with John R. Howard in a merger of drilling funds and served as an Exploration Manager of Carrollton Resources from 1988 to 1997. He served as a Manager of Gulf Coast Exploration at Titan Exploration Inc. from 1997 to 1999 and in 2000, he redirected his efforts to pursue coalbed methane projects and raised private equity to fund this pursuit. He focuses on the development of coal bed methane projects in British Columbia. He has been a Director of Triumph Pacific Oil & Gas Corp. since May 31, 2006 and Canada Energy Partners Inc., since April 18, 2007. Mr. Jones has been involved in the oil and gas business since 1977. Mr. Jones holds a Bachelor of Mechanical Engineering from Lousiana Tech University in 1977 and a Master of Theology from Dallas Theological Seminary in 1982.

CEO Compensation
  • Ben's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ben's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Canada Energy Partners management team in years:

11.6
Average Tenure
52
Average Age
  • The average tenure for the Canada Energy Partners management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ben Jones

TITLE
President
COMPENSATION
CA$248K
AGE
65
TENURE
11.6 yrs

Vince Boon

TITLE
Chief Financial Officer
AGE
37
TENURE
2.8 yrs

Eileen Au

TITLE
Corporate Secretary
AGE
52
TENURE
13 yrs
Board of Directors Tenure

Average tenure and age of the Canada Energy Partners board of directors in years:

9
Average Tenure
61.5
Average Age
  • The tenure for the Canada Energy Partners board of directors is about average.
Board of Directors

John Proust

TITLE
Chairman
COMPENSATION
CA$60K
AGE
58

Ben Jones

TITLE
President
COMPENSATION
CA$248K
AGE
65
TENURE
12.1 yrs

Win Purifoy

TITLE
Independent Director
AGE
62
TENURE
4.6 yrs

Kyle Burnett

TITLE
Independent Director
AGE
61
TENURE
13 yrs

Jonathan Bahnuik

TITLE
Independent Director
TENURE
5.8 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 (€)
22. Jan 19 Buy Benjamin Jones Individual 22. Jan 19 22. Jan 19 500,000 €0.01 €3,301
X
Management checks
We assess Canada Energy Partners'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. Canada Energy Partners 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

Canada Energy Partners Inc. operates as an independent natural gas exploration and development company. It primarily focuses on resource opportunities in northeast British Columbia. The company was founded in 2006 and is headquartered in Vancouver, Canada.

Details
Name: Canada Energy Partners Inc.
CP1
Exchange: DB
Founded: 2006
CA$599,436
90,394,534
Website: http://www.canadaenergypartners.com
Address: Canada Energy Partners Inc.
669 Howe Street,
Suite 650,
Vancouver,
British Columbia, V6C 0B4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CE Common Shares TSX Venture Exchange CA CAD 22. Nov 2006
OTCPK CNDP.F Common Shares Pink Sheets LLC US USD 22. Nov 2006
DB CP1 Common Shares Deutsche Boerse AG DE EUR 22. Nov 2006
Number of employees
Current staff
Staff numbers
0
Canada Energy Partners employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 21:28
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2019/03/29
Last earnings reported: 2019/01/31
Last annual earnings reported: 2018/04/30


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.