Loading...

Mayan Energy

AIM:MYN
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MYN
AIM
£3M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Mayan Energy Limited engages in the development, production, and sale of hydrocarbons and related activities in the United States. The last earnings update was 204 days ago. More info.


Add to Portfolio Compare Print
  • Mayan Energy has significant price volatility in the past 3 months.
MYN Share Price and Events
7 Day Returns
0%
AIM:MYN
0.8%
GB Oil and Gas
1.9%
GB Market
1 Year Returns
-81.7%
AIM:MYN
17.2%
GB Oil and Gas
2.5%
GB Market
MYN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mayan Energy (MYN) 0% 16.7% -20% -81.7% -99% -99.9%
GB Oil and Gas 0.8% 4.6% 7% 17.2% 50.4% -3.1%
GB Market 1.9% 3% 7.9% 2.5% 15.6% 6.8%
1 Year Return vs Industry and Market
  • MYN underperformed the Oil and Gas industry which returned 17.2% over the past year.
  • MYN underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 2.5% over the past year.
Price Volatility
MYN
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Mayan Energy's competitors could be found in our database.

Value

 Is Mayan Energy 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Mayan Energy. This is due to cash flow or dividend data being unavailable. The share price is £0.0014.
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 Mayan Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mayan Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MYN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $-0.01
AIM:MYN Share Price ** AIM (2019-04-18) in GBP £0
AIM:MYN Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.3 $0
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio Median Figure of 32 Publicly-Listed Oil and Gas Companies 9.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 796 Publicly-Listed Companies 16.29x

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

** Primary Listing of Mayan Energy.

AIM:MYN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:MYN Share Price ÷ EPS (both in USD)

= 0 ÷ -0.01

-0.29x

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

  • Mayan Energy is loss making, we can't compare its value to the GB Oil and Gas industry average.
  • Mayan Energy is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Mayan Energy's expected growth come at a high price?
Raw Data
AIM:MYN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio Median Figure of 19 Publicly-Listed Oil and Gas Companies 0.47x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 563 Publicly-Listed Companies 1.47x

*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 Mayan Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mayan Energy's assets?
Raw Data
AIM:MYN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.00
AIM:MYN Share Price * AIM (2019-04-18) in GBP £0
AIM:MYN Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.3 $0
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio Median Figure of 102 Publicly-Listed Oil and Gas Companies 0.85x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,365 Publicly-Listed Companies 1.51x
AIM:MYN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:MYN Share Price ÷ Book Value per Share (both in USD)

= 0 ÷ 0.00

1.02x

* Primary Listing of Mayan Energy.

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

  • Mayan Energy is overvalued based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Mayan Energy'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. Mayan Energy 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 Mayan Energy 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 Mayan Energy 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
14.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mayan Energy expected to grow at an attractive rate?
  • Unable to compare Mayan Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Mayan Energy's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Mayan Energy's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:MYN Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland 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
AIM:MYN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:MYN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 0 -2 -5
2018-03-31 0 -2 -4
2017-12-31 0 -2 -4
2017-09-30 0 -2 -5
2017-06-30 0 -2 -6
2017-03-31 0 -2 -6
2016-12-31 0 -2 -7
2016-09-30 0 -3 -6
2016-06-30 1 -4 -5
2016-03-31 1 -4 -6
2015-12-31 1 -4 -6
2015-09-30 1 -3 -8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Mayan Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Mayan Energy 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
AIM:MYN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Mayan Energy Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MYN Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.04
2017-06-30 -0.10
2017-03-31 -0.15
2016-12-31 -0.24
2016-09-30 -0.26
2016-06-30 -0.29
2016-03-31 -0.37
2015-12-31 -0.49
2015-09-30 -0.86

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

Next steps:

  1. Examine Mayan Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Mayan Energy'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. Mayan Energy'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 Mayan Energy'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Mayan Energy 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 Mayan Energy performed over the past 5 years?

  • Mayan Energy's last earnings update was 204 days ago.
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 Mayan Energy'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.
  • Mayan Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Mayan Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Mayan Energy's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Mayan Energy'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 Mayan Energy Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MYN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 0.00 -4.78 1.60
2018-03-31 0.01 -4.31 1.52
2017-12-31 0.03 -3.84 1.45
2017-09-30 0.15 -4.80 1.43
2017-06-30 0.27 -5.77 1.41
2017-03-31 0.27 -6.46 1.60
2016-12-31 0.27 -7.15 1.78
2016-09-30 0.41 -6.21 2.80
2016-06-30 0.54 -5.28 3.83
2016-03-31 0.69 -5.71 4.06
2015-12-31 0.84 -6.14 4.30
2015-09-30 0.92 -8.13 3.49
2015-06-30 1.00 -10.13 2.68
2015-03-31 1.22 -9.95 2.78
2014-12-31 1.43 -9.78 2.87
2014-09-30 1.42 -6.57 2.85
2014-06-30 1.41 -3.36 2.83
2014-03-31 1.20 -3.56 2.53
2013-12-31 0.99 -3.76 2.23
2013-06-30 0.47 -2.36 1.37
2013-03-31 0.29 -1.27 0.81
2012-12-31 0.11 -0.18 0.24
2012-04-30 -0.18 0.13

*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 Mayan Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Mayan Energy has efficiently used its assets last year compared to the GB Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Mayan Energy 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 Mayan Energy'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.
Mayan Energy 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 Mayan Energy'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 Mayan Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mayan Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mayan Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mayan Energy'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.
  • Mayan Energy has no debt, it does not need to be 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 Mayan Energy Company Filings, last reported 9 months ago.

AIM:MYN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 2.49 0.00 2.01
2018-03-31 2.49 0.00 2.01
2017-12-31 1.60 0.00 2.71
2017-09-30 1.60 0.00 2.71
2017-06-30 1.44 0.00 1.97
2017-03-31 1.44 0.00 1.97
2016-12-31 -0.19 0.00 0.16
2016-09-30 -0.19 0.00 0.16
2016-06-30 3.43 0.00 0.05
2016-03-31 3.43 0.00 0.05
2015-12-31 3.56 0.24 0.09
2015-09-30 3.56 0.24 0.09
2015-06-30 5.98 0.36 2.35
2015-03-31 5.98 0.36 2.35
2014-12-31 -0.59 1.77 0.01
2014-09-30 -0.59 1.77 0.01
2014-06-30 6.34 1.58 0.32
2014-03-31 6.34 1.58 0.32
2013-12-31 8.05 0.00 0.32
2013-06-30 6.38 0.39 1.42
2013-03-31 6.38 0.39 1.42
2012-12-31 0.69 0.73 0.01
2012-04-30 0.72 0.00 0.78
  • Mayan Energy has no debt.
  • Mayan Energy has no debt compared to 5 years ago when it was 6.1%.
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.

  • Mayan Energy has less than a year of cash runway based on current free cash flow.
  • Mayan Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -15% each year.
X
Financial health checks
We assess Mayan Energy'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. Mayan Energy has a total score of 4/6, 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 Mayan Energy'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 Mayan Energy dividends.
If you bought £2,000 of Mayan Energy 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 Mayan Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mayan Energy'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
AIM:MYN 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
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

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 Mayan Energy has not reported any payouts.
  • Unable to verify if Mayan Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mayan Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mayan Energy 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 Mayan Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Mayan Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mayan Energy 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 Mayan Energy'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
Charlie Wood
COMPENSATION $118,000
AGE 43
TENURE AS CEO 1.3 years
CEO Bio

Mr. Charles Ainslie Wood, also known as Charlie, serves as the Chief Executive Officer of Mayan Energy Ltd since 2018. Mr. Wood is the Founder and Managing Director at Ainslie Capital Limited. Mr. Wood served as Executive Chairman of Two Shields Investments Plc until December 2018. Mr. Wood served as an Executive Finance Director and Company Secretary of Arc Minerals Ltd and its Executive Director Corporate from February 2009 until January 31, 2014. He is the Founder of Ragnar Capital Ltd. He is a Co-Founder of Helium One Limited. He serves as an Executive Director at Helium One Limited. He began his career at the corporate team of Minara Resources Ltd (formerly Anaconda Nickel Ltd). Mr. Wood has considerable corporate finance experience with a focus on the mining and oil & gas sectors. Over the past 15 years he has been active in managing, advising & raising equity finance for commodity, energy & technology sectors in listing several companies with projects in Australia, Europe and North America onto AIM and the Australian Securities Exchange. He served as an Executive Director of Stellar Resources plc (now Primorus Investments plc) from April 04, 2012 to June 26, 2012. He has been the Executive Chairman at Blenheim Natural Resources Plc., since March 12, 2018. He has 10 years experience working in corporate positions in agribusiness, mining and corporate finance. He has worked in numerous jurisdictions in Africa, South America and Australia and has extensive experience in independent experts’ reports, due diligence, capital raisings and mergers. He served as Executive Chairman of Mayan Energy Limited from June 27, 2017 till 2018. He serves as Director of Ainslie Capital Limited, Black Swan Resources Ltd., CJT Investments Ltd., Leintwardine Pty Ltd., Truspine Technologies International Limited, Truspine Technologies Limited and Woodell Investments Pty Ltd. Mr. Wood has been Non-Executive Director at Blenheim Natural Resources plc since September 26, 2017. He serves as Director of Morano Resources Ltd and Everest Resources Ltd. He is a Non-Executive Director of Mayan Energy Limited from May 14, 2010. He serves as a Director of Ragnar Capital Ltd. He is a Non-Executive Director of AIM listed, Northcote Energy Ltd. He served as Director of Ortac Resources (UK) Ltd. since January 31, 2014. He served as Non-Executive Director of Rare Earth Minerals plc (now Cadence Minerals Plc) since April 16, 2012 until September 07, 2012. He served as Director of Commodities Finance Ltd., Ortac Resources PLC, Paranaiba Minerals Ltd., Payapps.com (UK) Ltd., Plexus Resources Limited and Zarmadan Gold Ltd. Mr. Wood holds a Bachelor of Commerce from University of Tasmania and a Postgraduate diploma in Applied Finance and Investment from the Securities Institute of Australia.

CEO Compensation
  • Charlie's compensation has increased whilst company is loss making.
  • Charlie's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Mayan Energy management team in years:

2.7
Average Tenure
  • The tenure for the Mayan Energy management team is about average.
Management Team

Charlie Wood

TITLE
CEO & Director
COMPENSATION
$118K
AGE
43
TENURE
1.3 yrs

Stephen Brock

TITLE
Vice President of Operations
TENURE
2.7 yrs

David Kahn

TITLE
Chief Technical Officer

Abraham Achar

TITLE
Executive Vice President of Mexico
TENURE
4.1 yrs

Kevin Green

TITLE
Non-Executive Technical Director
COMPENSATION
$17K
Board of Directors Tenure

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

1.5
Average Tenure
47
Average Age
  • The average tenure for the Mayan Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Paolo Amoruso

TITLE
Non-Executive Chairman
AGE
48
TENURE
0.5 yrs

Charlie Wood

TITLE
CEO & Director
COMPENSATION
$118K
AGE
43
TENURE
8.9 yrs

James McGraw

TITLE
Non-Executive Director
COMPENSATION
$90K
AGE
59
TENURE
2.6 yrs

Sarah Cope

TITLE
Independent Non-Executive Director
AGE
46
TENURE
0.4 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 (£)
X
Management checks
We assess Mayan Energy'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. Mayan Energy 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

Is Mayan Energy Limited's (LON:MYN) Balance Sheet Strong Enough To Weather A Storm?

Mayan Energy Limited (LON:MYN), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is financial flexibility worth the lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

What does Mayan Energy Limited's (LON:MYN) Balance Sheet Tell Us About Its Future?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is MYN right in choosing financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

Simply Wall St -

Mayan Energy Limited (LON:MYN): Should The Recent Earnings Drop Worry You?

View our latest analysis for Mayan Energy How Did MYN's Recent Performance Stack Up Against Its Past? … AIM:MYN Income Statement May 11th 18 We can further evaluate Mayan Energy's loss by looking at what the industry has been experiencing over the past few years. … This suggests that any tailwind the industry is benefiting from, Mayan Energy has not been able to reap as much as its industry peers.What does this mean?

Simply Wall St -

How Mayan Energy Limited (LON:MYN) Can Impact Your Portfolio Volatility

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Based on this beta value, MYN appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … MYN, with its market capitalisation of UK£8.31M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

Simply Wall St -

Breaking Down Mayan Energy Limited's (LON:MYN) Ownership Structure

Ownership structure of a company has been found to affect share performance over time. … See our latest analysis for Mayan Energy AIM:MYN Ownership_summary Mar 16th 18 Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

Simply Wall St -

Does Mayan Energy Limited's (LON:MYN) -9.44% Earnings Decline Reflect A Long-Term Trend?

In this commentary, I will examine Mayan Energy Limited's (AIM:MYN) latest earnings update (30 June 2017) and compare these figures against its performance over the past couple of years, as well as how the rest of the oil and gas industry performed. … View our latest analysis for Mayan Energy Despite a decline, did MYN underperform the long-term trend and the industry? … Each year, for the past half a decade Mayan Energy has seen an annual decline in revenue of -9.58%, on average.

Simply Wall St -

How Should You Think About Mayan Energy Limited's (AIM:MYN) Risks?

Generally, an investor should consider two types of risk that impact the market value of MYN. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Mayan Energy's beta of 0.56 indicates that the stock value will be less variable compared to the whole stock market.

Simply Wall St -

Company Info

Description

Mayan Energy Limited engages in the development, production, and sale of hydrocarbons and related activities in the United States. The company holds interests in Forest Hills project situated in Wood County, Texas; Stockdale oil fields located in Wilson County, Texas; Zink Ranch and Mathis leases situated in Osage County, Oklahoma; and Shoats Creek field located in Louisiana. It also trades in oil and gas. The company was formerly known as Northcote Energy Limited and changed its name to Mayan Energy Limited in August 2016. Mayan Energy Limited was incorporated in 2010 and is based in Tortola, the British Virgin Islands.

Details
Name: Mayan Energy Limited
MYN
Exchange: AIM
Founded: 2010
£3,211,372
2,293,837,381
Website: http://mayanenergy.co.uk
Address: Mayan Energy Limited
Nemours Chambers,
Road Town,
Tortola,
Tortola, VG1110,
British Virgin Islands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MYN New Ordinary Shares London Stock Exchange AIM Market GB GBP 14. Jan 2013
OTCPK NRHC.F New Ordinary Shares Pink Sheets LLC US USD 14. Jan 2013
Number of employees
Current staff
Staff numbers
5
Mayan Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 21:41
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/09/27
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.