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Zargon Oil & Gas

DB:ZAG
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ZAG
DB
CA$21M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Zargon Oil & Gas Ltd. engages in the exploration, development, and production of oil and natural gas in Canada and the United States. The last earnings update was 39 days ago. More info.


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  • Zargon Oil & Gas has significant price volatility in the past 3 months.
ZAG Share Price and Events
7 Day Returns
0%
DB:ZAG
1.4%
DE Oil and Gas
1.8%
DE Market
1 Year Returns
-95.9%
DB:ZAG
19%
DE Oil and Gas
-6%
DE Market
ZAG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zargon Oil & Gas (ZAG) 0% 33.3% 33.3% -95.9% - -
DE Oil and Gas 1.4% 3.7% 11.4% 19% 4.1% 50.3%
DE Market 1.8% 6% 7.8% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • ZAG underperformed the Oil and Gas industry which returned 19% over the past year.
  • ZAG underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
ZAG
Industry
5yr Volatility vs Market

ZAG Value

 Is Zargon Oil & Gas 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 Zargon Oil & Gas is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Zargon Oil & Gas 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 Zargon Oil & Gas. This is due to cash flow or dividend data being unavailable. The share price is €0.012.
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 Zargon Oil & Gas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zargon Oil & Gas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:ZAG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-1.15
TSX:ZAR Share Price ** TSX (2019-04-18) in CAD CA$0.05
Germany Oil and Gas Industry PE Ratio Median Figure of 5 Publicly-Listed Oil and Gas Companies 17.21x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

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

** Primary Listing of Zargon Oil & Gas.

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

= TSX:ZAR Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -1.15

-0.04x

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

  • Zargon Oil & Gas is loss making, we can't compare its value to the DE Oil and Gas industry average.
  • Zargon Oil & Gas is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Zargon Oil & Gas's expected growth come at a high price?
Raw Data
DB:ZAG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.04x
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 58 Publicly-Listed Oil and Gas Companies 0.99x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*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 Zargon Oil & Gas, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zargon Oil & Gas's assets?
Raw Data
DB:ZAG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$-0.37
TSX:ZAR Share Price * TSX (2019-04-18) in CAD CA$0.05
Germany Oil and Gas Industry PB Ratio Median Figure of 7 Publicly-Listed Oil and Gas Companies 0.89x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:ZAG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:ZAR Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ -0.37

-0.12x

* Primary Listing of Zargon Oil & Gas.

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

  • Zargon Oil & Gas 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 ZAG’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 Zargon Oil & Gas'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 Zargon Oil & Gas'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. Zargon Oil & Gas 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.

ZAG Future Performance

 How is Zargon Oil & Gas 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 Zargon Oil & Gas 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
7.8%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Zargon Oil & Gas expected to grow at an attractive rate?
  • Unable to compare Zargon Oil & Gas's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Zargon Oil & Gas's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Zargon Oil & Gas's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:ZAG Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 7.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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:ZAG 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:ZAG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 30 1 -35
2018-09-30 35 4 -10
2018-06-30 35 3 -13
2018-03-31 34 1 -13
2017-12-31 34 2 -9
2017-09-30 35 0 -24
2017-06-30 38 3 -8
2017-03-31 40 5 -12
2016-12-31 40 5 -20
2016-09-30 42 5 -59
2016-06-30 45 10 -112
2016-03-31 52 16 -110

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Zargon Oil & Gas is high growth as no earnings estimate data is available.
  • Unable to determine if Zargon Oil & Gas 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:ZAG 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 Zargon Oil & Gas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:ZAG Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -1.15
2018-09-30 -0.33
2018-06-30 -0.42
2018-03-31 -0.43
2017-12-31 -0.30
2017-09-30 -0.77
2017-06-30 -0.27
2017-03-31 -0.39
2016-12-31 -0.66
2016-09-30 -1.93
2016-06-30 -3.67
2016-03-31 -3.63

*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 Zargon Oil & Gas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ZAG’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. Zargon Oil & Gas'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. Zargon Oil & Gas'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 Zargon Oil & Gas'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 Europe 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.
Zargon Oil & Gas 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.

ZAG Past Performance

  How has Zargon Oil & Gas 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 Zargon Oil & Gas'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.
  • Zargon Oil & Gas does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Zargon Oil & Gas's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Zargon Oil & Gas's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Zargon Oil & Gas'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 Zargon Oil & Gas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:ZAG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 30.38 -35.37 3.64
2018-09-30 35.44 -10.21 3.79
2018-06-30 34.95 -13.07 3.96
2018-03-31 33.98 -13.10 4.14
2017-12-31 34.24 -9.31 4.35
2017-09-30 35.47 -23.57 3.07
2017-06-30 38.18 -8.34 5.06
2017-03-31 39.73 -11.90 5.40
2016-12-31 39.53 -20.18 6.04
2016-09-30 41.59 -58.70 8.51
2016-06-30 44.51 -111.59 7.67
2016-03-31 52.34 -110.08 8.39
2015-12-31 57.77 -106.14 9.40
2015-09-30 67.69 -42.11 10.19
2015-06-30 83.88 -0.84 12.40
2015-03-31 98.87 0.90 13.73
2014-12-31 118.49 5.95 14.14
2014-09-30 125.22 -6.66 14.49
2014-06-30 131.60 -9.10 13.41
2014-03-31 132.46 -5.95 13.37
2013-12-31 129.32 -5.90 13.22
2013-09-30 131.09 -10.88 13.49
2013-06-30 124.50 -12.55 14.08
2013-03-31 122.03 -3.14 13.24
2012-12-31 127.81 -5.38 15.68
2012-09-30 139.88 -19.37 16.96
2012-06-30 146.50 15.35 16.10

*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 Zargon Oil & Gas 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 Zargon Oil & Gas 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 Zargon Oil & Gas improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Zargon Oil & Gas'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.
Zargon Oil & Gas 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.

ZAG Health

 How is Zargon Oil & Gas'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 Zargon Oil & Gas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zargon Oil & Gas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Zargon Oil & Gas's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Zargon Oil & Gas'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.
  • Zargon Oil & Gas 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 Zargon Oil & Gas Company Filings, last reported 3 months ago.

DB:ZAG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -11.34 46.34 6.87
2018-09-30 16.93 41.30 4.90
2018-06-30 17.68 41.18 4.71
2018-03-31 19.16 41.06 4.56
2017-12-31 22.72 41.46 6.00
2017-09-30 26.19 41.41 7.64
2017-06-30 29.81 41.36 10.28
2017-03-31 33.70 41.24 10.21
2016-12-31 32.23 56.67 24.94
2016-09-30 51.86 86.27 28.67
2016-06-30 38.18 121.00 1.43
2016-03-31 43.28 120.22 1.46
2015-12-31 52.58 115.37 1.84
2015-09-30 108.39 107.09 1.87
2015-06-30 149.19 105.60 2.68
2015-03-31 155.67 104.46 2.31
2014-12-31 161.34 96.70 2.77
2014-09-30 157.91 112.86 2.48
2014-06-30 161.75 109.68 2.48
2014-03-31 169.56 103.33 1.77
2013-12-31 173.55 92.45 1.80
2013-09-30 182.51 95.84 1.43
2013-06-30 190.07 93.95 1.78
2013-03-31 192.70 95.60 1.50
2012-12-31 196.58 87.00 1.72
2012-09-30 210.35 78.54 1.72
2012-06-30 222.22 74.80 1.45
  • Zargon Oil & Gas has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Zargon Oil & Gas'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.

  • Zargon Oil & Gas has sufficient cash runway for 2 years based on current free cash flow.
  • Zargon Oil & Gas has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of -18.8% each year.
X
Financial health checks
We assess Zargon Oil & Gas'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. Zargon Oil & Gas has a total score of 3/6, 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.

ZAG Dividends

 What is Zargon Oil & Gas'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 Zargon Oil & Gas dividends.
If you bought €2,000 of Zargon Oil & Gas 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 Zargon Oil & Gas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Zargon Oil & Gas'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:ZAG 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 61 Stocks 5.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
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 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:ZAG Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2017-11-13 0.000 0.000
2017-08-09 0.000 0.000
2017-05-10 0.000 0.000
2017-03-15 0.000 0.000
2016-11-14 0.000 0.000
2016-08-10 0.000 0.000
2016-05-10 0.000 0.000
2016-03-07 0.000 0.000
2015-11-12 0.000 0.000
2015-10-15 0.120 8.721
2015-09-15 0.120 7.948
2015-08-17 0.120 7.415
2015-05-15 0.120 5.078
2015-03-11 0.360 11.027
2015-01-15 0.360 9.715
2014-10-15 0.720 14.923
2014-09-16 0.720 10.691
2014-08-15 0.720 9.207
2014-07-15 0.720 8.454
2014-03-12 0.720 7.910
2014-01-15 0.720 9.048
2013-10-15 0.720 9.143
2013-05-15 0.720 10.811
2013-03-13 0.720 10.525
2013-01-15 0.720 9.657
2012-09-17 0.720 8.569
2012-08-15 0.720 7.973
2012-03-15 1.200 11.863
2012-01-12 1.200 8.041
2011-09-12 1.200 8.867
2011-07-15 1.680 9.424
2011-06-15 1.680 7.879
2011-05-16 1.680 7.853
2011-01-19 1.680 7.527
2010-11-15 2.160 10.474
2010-10-15 2.160 10.819
2010-09-15 2.160 11.570
2010-08-16 2.160 12.012
2010-07-15 2.160 12.102
2010-06-15 2.160 11.879
2010-05-17 2.160 11.538
2010-04-15 2.160 10.680
2010-03-15 2.160 10.865
2010-02-16 2.160 10.778
2010-01-15 2.160 11.011
2009-12-16 2.160 11.198
2009-11-16 2.160 11.658
2009-10-16 2.160 11.961
2009-09-15 2.160 11.818
2009-08-17 2.160 12.202
2009-06-15 2.160 13.151
2009-05-15 2.160 13.792
2009-04-23 2.160 13.470

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

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

ZAG Management

 What is the CEO of Zargon Oil & Gas'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
Craig Hansen
COMPENSATION CA$312,642
AGE 61
TENURE AS CEO 26.3 years
CEO Bio

Mr. Craig Henry Hansen is a Co-Founder of Zargon Oil & Gas Ltd and has been its Chief Executive Officer and President since 1993. Mr. Hansen founded C.H. Hansen Engineering Ltd. and served as its Principal. He was employed at NRG Engineering Ltd., as a Staff Engineer from 1980 to 1984 and served as a Reservoir Engineer at Dome Petroleum Ltd. from 1978 to 1980. He has been a Director of Zargon Oil & Gas Ltd. since 1992 and Canadian Association of Petroleum Producers. Mr. Hansen served as a Director of Lockerbie & Hole Inc. since 2007. He served as a Director of Wittke Inc. Mr. Hansen received a Bachelor of Science degree in Chemical Engineering from the University of Alberta in 1978 and is a Professional Engineer registered with the Association of Professional Engineers, Geologists and Geophysicists of Alberta.

CEO Compensation
  • Craig's compensation has increased whilst company is loss making.
  • Craig's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Zargon Oil & Gas management team in years:

7.8
Average Tenure
  • The average tenure for the Zargon Oil & Gas management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Craig Hansen

TITLE
Co-Founder
COMPENSATION
CA$313K
AGE
61
TENURE
26.3 yrs

Bill Cromb

TITLE
Interim Chief Financial Officer
COMPENSATION
CA$244K
TENURE
2.4 yrs

Randy Doetzel

TITLE
Vice President of Operations
COMPENSATION
CA$281K
AGE
54
TENURE
7.8 yrs
Board of Directors Tenure

Average tenure and age of the Zargon Oil & Gas board of directors in years:

14.6
Average Tenure
61
Average Age
  • The average tenure for the Zargon Oil & Gas board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Kyle Kitagawa

TITLE
Chairman of the Board
COMPENSATION
CA$45K
AGE
57

Craig Hansen

TITLE
Co-Founder
COMPENSATION
CA$313K
AGE
61
TENURE
27.3 yrs

Jim Peplinski

TITLE
Independent Director
COMPENSATION
CA$37K
AGE
57
TENURE
22.3 yrs

Ron Wigham

TITLE
Independent Director
COMPENSATION
CA$36K
AGE
61
TENURE
3.8 yrs

Grant Zawalsky

TITLE
Independent Director
COMPENSATION
CA$33K
AGE
58
TENURE
19.3 yrs

Geoff Merritt

TITLE
Independent Director
COMPENSATION
CA$34K
AGE
63
TENURE
9.9 yrs

Glenn Koach

TITLE
Director
AGE
62
TENURE
0.2 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 (€)
02. Jan 19 Sell Randolph Doetzel Individual 31. Dec 18 31. Dec 18 -29,000 €0.03 €-928
06. Dec 18 Sell Randolph Doetzel Individual 04. Dec 18 04. Dec 18 -27,000 €0.04 €-1,171
09. Oct 18 Sell Randolph Doetzel Individual 05. Oct 18 05. Oct 18 -8,200 €0.16 €-1,272
04. Oct 18 Sell Christopher Hustad Individual 03. Oct 18 03. Oct 18 -15,000 €0.16 €-2,435
26. Sep 18 Sell Randolph Doetzel Individual 24. Sep 18 24. Sep 18 -7,000 €0.16 €-1,090
18. Sep 18 Sell Randolph Doetzel Individual 12. Sep 18 12. Sep 18 -6,000 €0.16 €-972
01. Sep 18 Sell Randolph Doetzel Individual 28. Aug 18 28. Aug 18 -5,500 €0.22 €-1,200
22. Aug 18 Sell Craig Hansen Individual 22. Aug 18 22. Aug 18 -80,000 €0.23 €-18,279
21. Aug 18 Sell Randolph Doetzel Individual 16. Aug 18 16. Aug 18 -5,000 €0.23 €-1,135
12. Jul 18 Buy Craig Hansen Individual 11. Jul 18 11. Jul 18 20,000 €0.29 €5,713
10. Jul 18 Sell Randolph Doetzel Individual 06. Jul 18 09. Jul 18 -13,500 €0.29 €-3,890
10. Jul 18 Sell Craig Hansen Individual 06. Jul 18 10. Jul 18 -40,000 €0.29 €-11,455
05. Jul 18 Sell Craig Hansen Individual 03. Jul 18 03. Jul 18 -20,000 €0.29 €-5,865
28. Jun 18 Sell Randolph Doetzel Individual 26. Jun 18 26. Jun 18 -4,000 €0.28 €-1,109
26. Jun 18 Sell Randolph Doetzel Individual 22. Jun 18 22. Jun 18 -1,000 €0.29 €-293
21. Jun 18 Sell Randolph Doetzel Individual 19. Jun 18 19. Jun 18 -3,000 €0.30 €-888
22. May 18 Sell Randolph Doetzel Individual 18. May 18 22. May 18 -11,000 €0.35 €-3,734
X
Management checks
We assess Zargon Oil & Gas'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. Zargon Oil & Gas 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.

ZAG News

Simply Wall St News

ZAG Company Info

Description

Zargon Oil & Gas Ltd. engages in the exploration, development, and production of oil and natural gas in Canada and the United States. It owns interests in Alberta Plains North, Alberta Plains South, and Williston Basin areas. The company was formerly known as Zargon Energy Trust and changed its name to Zargon Oil & Gas Ltd. in December 2010. Zargon Oil & Gas Ltd. was founded in 1987 and is headquartered in Calgary, Canada.

Details
Name: Zargon Oil & Gas Ltd.
ZAG
Exchange: DB
Founded: 1987
CA$13,762,933
459,811,236
Website: http://zargon.ca
Address: Zargon Oil & Gas Ltd.
Sun Life Plaza,
East Tower,
Calgary,
Alberta, T2P 0H3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX ZAR Common Shares The Toronto Stock Exchange CA CAD 21. Oct 1993
OTCPK ZARF.F Common Shares Pink Sheets LLC US USD 21. Oct 1993
DB ZAG Common Shares Deutsche Boerse AG DE EUR 21. Oct 1993
Number of employees
Current staff
Staff numbers
16
Zargon Oil & Gas employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 22:41
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/14
Last earnings reported: 2018/12/31
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.