Arrow Exploration (AIM:AXL) - Stock Price, News & Analysis

AXL Stock Overview

A junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada.

About the company

AXL fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 51.4% below our estimate of its fair value

Revenue is forecast to grow 31.28% per year

Risk Analysis

High level of non-cash earnings

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

Profit margins (1.9%) are lower than last year (21.4%)

Arrow Exploration Corp. Competitors

Caspian Sunrise

AIM:CASP

UK£77.8m

Union Jack Oil

AIM:UJO

UK£16.5m

Enwell Energy

AIM:ENW

UK£61.0m

i3 Energy

AIM:I3E

UK£146.8m

Price History & Performance

Summary of all time highs, changes and price drops for Arrow Exploration
Historical stock prices
Current Share Price	CA$0.28
52 Week High	CA$0.34
52 Week Low	CA$0.17
Beta	1.51
11 Month Change	-9.52%
3 Month Change	16.33%
1 Year Change	48.05%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	286.44%

Recent updates

Shareholder Returns

	AXL	GB Oil and Gas	GB Market
7D	2.7%	2.6%	1.1%
1Y	48.1%	-7.1%	6.9%

Return vs Industry: AXL exceeded the UK Oil and Gas industry which returned -7.1% over the past year.

Return vs Market: AXL exceeded the UK Market which returned 6.9% over the past year.

Price Volatility

Is AXL's price volatile compared to industry and market?
AXL volatility
AXL Average Weekly Movement	5.8%
Oil and Gas Industry Average Movement	7.1%
Market Average Movement	4.6%
10% most volatile stocks in GB Market	9.3%
10% least volatile stocks in GB Market	2.6%

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

Volatility Over Time: AXL's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	G. Abbott	arrowexploration.ca

Arrow Exploration Corp., a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. The company is headquartered in Calgary, Canada.

Arrow Exploration Corp. Fundamentals Summary

How do Arrow Exploration's earnings and revenue compare to its market cap?
AXL fundamental statistics
Market cap	UK£84.05m
Earnings (TTM)	UK£817.22k
Revenue (TTM)	UK£42.87m

102.9x

P/E Ratio

2.0x

P/S Ratio

Is AXL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AXL income statement (TTM)
Revenue	US$56.95m
Cost of Revenue	US$10.14m
Gross Profit	US$46.81m
Other Expenses	US$45.72m
Earnings	US$1.09m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0038
Gross Margin	82.19%
Net Profit Margin	1.91%
Debt/Equity Ratio	0%

How did AXL perform over the long term?

See historical performance and comparison

AXL Stock Overview

Rewards

Risk Analysis

Arrow Exploration Corp. Competitors

AIM:CASP

UK£77.8m

AIM:UJO

UK£16.5m

AIM:ENW

UK£61.0m

AIM:I3E

UK£146.8m

Price History & Performance

Recent News & Updates

Second quarter 2024 earnings released: EPS: US$0.004 (vs US$0.003 loss in 2Q 2023)

Arrow Exploration Corp. Announces Third Ubaque Horizontal Well Results

Arrow Exploration Corp. Announces Second Ubaque Horizontal Well Results CNB HZ-3 on Production

Arrow Exploration Corp., Annual General Meeting, Sep 25, 2024

Arrow Exploration Corp. Provides an Update on Operational Activity, Particularly At the Multi Horizon, Carrizales Norte

First quarter 2024 earnings released: EPS: US$0.011 (vs US$0.013 in 1Q 2023)

Recent updates

Second quarter 2024 earnings released: EPS: US$0.004 (vs US$0.003 loss in 2Q 2023)

Arrow Exploration Corp. Announces Third Ubaque Horizontal Well Results

Arrow Exploration Corp. Announces Second Ubaque Horizontal Well Results CNB HZ-3 on Production

Arrow Exploration Corp., Annual General Meeting, Sep 25, 2024

Arrow Exploration Corp. Provides an Update on Operational Activity, Particularly At the Multi Horizon, Carrizales Norte

First quarter 2024 earnings released: EPS: US$0.011 (vs US$0.013 in 1Q 2023)

Arrow Exploration Corp. Announces the Spud of the Carrizales Norte B Pad Horizontal Well 1 on the Tapir Block in the Llanos Basin of Colombia

Full year 2023 earnings released: US$0.005 loss per share (vs US$0.002 profit in FY 2022)

Arrow Exploration Corp. Provides an Update on Activity on the Tapir Block in the Llanos Basin of Colombia

Arrow Exploration Corp. Announces Operations Update

New major risk - Earnings quality

Arrow Exploration Corp. Provides Update on Rio Cravo Este-6 Well on the Tapir Block in the Llanos Basin of Colombia

Arrow Exploration Corp. Provides C7 Production and Production Update C7

Arrow Exploration Corp. Announces Maiden Carrizales Norte Reserves Corporate Economic 1P, 2P and 3P Reserves Doubled

Arrow Exploration Corp. Provides an Update on Operational Activity At the Carrizales Norte Field on the Tapir Block in the Llanos Basin of Colombia

Second quarter 2023 earnings released: US$0.003 loss per share (vs US$0.004 profit in 2Q 2022)

Arrow Exploration Corp. Announces CN-2 Well Results Exceed Expectations in Ubaque Formation

Arrow Exploration Corp., Annual General Meeting, Sep 20, 2023

Arrow Exploration Corp. Provides an Update on the Operational Activity At the Carrizales Norte Field on the Tapir Block in the Llanos Basin of Colombia

Arrow Exploration Corp. Provides an Update on the Carrizales Norte-1 Well

Arrow Exploration Corp. Provides an Update on the Carrizales Norte-1 Well

Arrow Exploration Corp. Provides an Update on the Drilling of Carrizales Norte 1, an Exploration Well on the Tapir Block in the Llanos Basin of Colombia

Arrow Exploration Corp. Announces Spudding of Carrizales Norte-1 Well

Full year 2022 earnings released: EPS: US$0.002 (vs US$0.06 in FY 2021)

Arrow Exploration Corp. Provides Update on Operations

Arrow Exploration Corp. Announces Drilling Rig Mobilized to Rio Cravo Este Multiwell Pad

Third quarter 2022 earnings released: EPS: US$0.009 (vs US$0 in 3Q 2021)

Less than half of directors are independent

Arrow Exploration Corp. Announces Operations Update

Investor sentiment improved over the past week

Arrow Exploration Corp. Announces Test Results of East Pepper Well

Second quarter 2022 earnings released: EPS: US$0.004 (vs US$0.011 loss in 2Q 2021)

Arrow Exploration Corp. Announces Test Results of RCS-1 Well

Arrow Exploration Corp. Announces Further Update on the Rio Cravo Sur-1

First quarter 2022 earnings released: US$0.025 loss per share (vs US$0.007 loss in 1Q 2021)

Arrow Exploration Corp. Announces RCE-2 Well on Stream, RCS-1 Spud

Arrow Exploration Corp. Announces Test Results of RCE-2 Well

Arrow Exploration Corp., Annual General Meeting, Jul 19, 2022

Less than half of directors are independent

Arrow Exploration Corp. Announces Further Update on RCE-2 Well

Arrow Exploration Corp. Announces Spudding of RCE-2 Well and Provides Corporate Outlook

Arrow Exploration Corp. Provides Operational Update Regarding RCE-2 Well at Rio Cravo Este Field in Colombia

Arrow Exploration Corp. Shares an Operational Update, as Well as Near-Term Plans for Its Colombian and Canadian Assets

Forecast to breakeven in 2022

Less than half of directors are independent

Shareholder Returns

Price Volatility

About the Company

Arrow Exploration Corp. Fundamentals Summary

102.9x

2.0x

Earnings & Revenue