Canadian Spirit Resources Inc., a natural resources company, focuses on the identification, exploration, development, and production of petroleum and natural gas properties in Canada.
The last earnings update was 31 days ago.
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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Canadian Spirit Resources. This is due to cash flow or dividend data being
unavailable. The share price is
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
Canadian Spirit Resources's
is considered below, and whether this is a fair price.
Price based on past earnings
Canadian Spirit Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 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
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
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Canadian Spirit Resources
expected to grow at an
Unable to compare Canadian Spirit Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Canadian Spirit Resources's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Canadian Spirit Resources's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Canadian Spirit Resources is high growth as no earnings estimate data is available.
Unable to determine if Canadian Spirit Resources 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.
Canadian Spirit Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
Canadian Spirit Resources
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Canadian Spirit Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Canadian Spirit Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Canadian Spirit Resources's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Canadian Spirit Resources'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Canadian Spirit Resources has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. J. Richard Couillard, also known as Rich, B.Sc., P.Geol., has been the President of Canadian Spirit Resources Inc. since July 2014 and has been its Chief Executive Officer since September 2014. Mr. Couillard serves as Chief Operating Officer of BuildersHarbor.com. He has over 30 years of experience in oil and gas exploration, production and technology development. He served as the Chief Operating Officer of Canadian Spirit Resources Inc. since July 2014. He served as Chief Executive Officer and President of Alpha PetroVision (Canada) Inc. He Co-founded Escavar Energy, Inc., in September 2003 and served as its Chief Executive Officer from September 2003. He was responsible for the financial oversight of Escavar Energy. He served as the President and Chief Operating Officer of Pan Asian Energy Inc., from August 2002 to September 2003 and Chief Operating Officer of WNS Emergent from June 2000 to July 2002. From 2000 to 2002, he served as the President and Chief Executive Officer of Oilsphere.com Inc., and Chief Operating Officer of VerticalBuilder.com Inc. He has served as President and Chief Executive Officer of Rock well Petroleum Inc. From 1998 to 2000, he served as the President of CouilOil Energy Inc. From 1998 to 2000, he served as President of Couillard Energy Inc. From 1994 to 1998, he served as a Senior Vice President of Exploration and Production at Numac Energy Inc. Prior to Numac, Mr. Couillard spent 21 years with Chevron Corporation and served as Exploration Manager of Western Canada, where he was responsible for developing a new exploration strategy resulting in a number of significant new discoveries. He has been the Chairman of The Board and Independent Director of Canadian Spirit Resources Inc. since September 7, 2015 and May 14, 2003 respectively. He served as Vice Chairman of Alpha PetroVision Holding AG. He serves as a Director of Badger Income Fund. He served as a Director of Badger Daylighting Ltd. from September 1, 2005 to June 18, 2015. He served as a Director of Escavar Energy, Inc., since May 14, 2003. He served as a Director of Kensington Energy Ltd., since April 08, 2002. He served as Director of Alpha PetroVision (Canada) Inc. He served as Non-Executive Director of Alpha PetroVision Holding AG since October 29, 2013 and served as its Executive Director from 2012 to October 29, 2013. He is a geologist. Mr. Couillard received his BSc (Honors first class) in Geology and Geophysics from Carleton University in 1973.
Rich's compensation has increased whilst company is loss making.
Rich's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the
Canadian Spirit Resources
management team in years:
The average tenure for the Canadian Spirit Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
VP of Finance & CFO
Vice President of Engineering & Operations
CFO & VP of Finance
Board of Directors Tenure
Average tenure and age of the
Canadian Spirit Resources
board of directors in years:
The tenure for the Canadian Spirit Resources board of directors is about average.
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.
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