DB:HP4

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Canadian Spirit Resources

Executive Summary

Canadian Spirit Resources Inc., a natural resources company, focuses on the identification, exploration, development, and production of petroleum and natural gas properties in Canada.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Canadian Spirit Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HP4's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

37.5%

HP4

1.8%

DE Oil and Gas

2.4%

DE Market


1 Year Return

-28.3%

HP4

18.9%

DE Oil and Gas

-0.1%

DE Market

Return vs Industry: HP4 underperformed the German Oil and Gas industry which returned 12.7% over the past year.

Return vs Market: HP4 underperformed the German Market which returned -2.6% over the past year.


Shareholder returns

HP4IndustryMarket
7 Day37.5%1.8%2.4%
30 Day37.5%8.6%7.8%
90 Day37.5%-12.8%-3.8%
1 Year-28.3%-28.3%22.3%18.9%1.5%-0.1%
3 Year-45.8%-70.5%-8.6%-17.2%-4.8%-12.1%
5 Year-78.8%-88.5%147.1%112.1%3.6%-9.5%

Price Volatility Vs. Market

How volatile is Canadian Spirit Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Canadian Spirit Resources undervalued compared to its fair value and its price relative to the market?

0.22x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate HP4's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate HP4's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: HP4 is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: HP4 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HP4's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HP4 is good value based on its PB Ratio (0.2x) compared to the DE Oil and Gas industry average (1x).


Next Steps

Future Growth

How is Canadian Spirit Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.2%

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 Canadian Spirit Resources 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 Canadian Spirit Resources performed over the past 5 years?

1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HP4 is currently unprofitable.

Growing Profit Margin: HP4 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HP4 is unprofitable, and losses have increased over the past 5 years at a rate of -5.8% per year.

Accelerating Growth: Unable to compare HP4's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HP4 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: HP4 has a negative Return on Equity (-3.91%), as it is currently unprofitable.


Next Steps

Financial Health

How is Canadian Spirit Resources's financial position?


Financial Position Analysis

Short Term Liabilities: HP4's short term assets (CA$703.1K) exceed its short term liabilities (CA$114.7K).

Long Term Liabilities: HP4's short term assets (CA$703.1K) do not cover its long term liabilities (CA$2.1M).


Debt to Equity History and Analysis

Debt Level: HP4 is debt free.

Reducing Debt: HP4 had no debt 5 years ago.


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: HP4 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: HP4 has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.4% each year.


Next Steps

Dividend

What is Canadian Spirit Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HP4's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HP4'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 HP4's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HP4'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 HP4'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?

0.3yrs

Average management tenure


CEO

Louisa DeCarlo

0.25

Tenure

Ms. Louisa DeCarlo serves as Non-Executive Chairman of Canadian Spirit Resources Inc. since November 26, 2019 and its Director since May 29, 2019 and also serves as its Chief Executive Officer since Februa ...


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Dyck
General Counsel5yrsno data1.4% CA$72.3k
Louisa DeCarlo
President0.25yrno datano data
Sead Hamzagic
Chief Financial Officer0.17yrno datano data
Robert Winnitoy
8.5yrsCA$29.25kno data

0.3yrs

Average Tenure

Experienced Management: HP4's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Dyck
General Counsel5yrsno data1.4% CA$72.3k
Louisa DeCarlo
President0.25yrno datano data
Donald Gardner
Independent Director17.33yrsCA$16.00k0.78% CA$39.9k
Luigi Liberatore
Independent Director2.75yrsCA$16.00kno data

3.9yrs

Average Tenure

Experienced Board: HP4's board of directors are considered experienced (3.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Canadian Spirit Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Canadian Spirit Resources Inc.
  • Ticker: HP4
  • Exchange: DB
  • Founded: 1987
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$7.847m
  • Listing Market Cap: CA$5.152m
  • Shares outstanding: 196.18m
  • Website: https://www.csri.ca

Location

  • Canadian Spirit Resources Inc.
  • 140 4th Avenue SW
  • Suite 900
  • Calgary
  • Alberta
  • T2P 3N3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SPITSXV (TSX Venture Exchange)YesCommon SharesCACADApr 1991
HP4DB (Deutsche Boerse AG)YesCommon SharesDEEURApr 1991
CSPU.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 1991

Biography

Canadian Spirit Resources Inc., a natural resources company, focuses on the identification, exploration, development, and production of petroleum and natural gas properties in Canada. It primarily develops the Montney Formation natural gas and natural gas liquids resource play in the Farrell Creek/Altares area of northeastern British Columbia. The company was formerly known as Spirit Energy Corp. and changed its name to Canadian Spirit Resources Inc. in June 2004. Canadian Spirit Resources Inc. was incorporated in 1987 and is headquartered in Calgary, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 22:36
End of Day Share Price2020/05/28 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.