SOUC

Southern Energy AIM:SOUC Stock Report

Last Price

CA$0.41

Market Cap

CA$33.7m

7D

2.5%

1Y

n/a

Updated

15 Apr, 2022

Data

Company Financials +
SOUC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends0/6

SOUC Stock Overview

Southern Energy Corp. oil and natural gas exploration and production company in Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Southern Energy
Historical stock prices
Current Share PriceCA$0.41
52 Week HighCA$0.44
52 Week LowCA$0.15
Beta1.27
1 Month Change32.26%
3 Month Change67.35%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-21.15%

Recent News & Updates

Shareholder Returns

SOUCGB Oil and GasGB Market
7D2.5%1.5%-0.4%
1Yn/a14.9%-0.2%

Return vs Industry: Insufficient data to determine how SOUC performed against the UK Oil and Gas industry.

Return vs Market: Insufficient data to determine how SOUC performed against the UK Market.

Price Volatility

Is SOUC's price volatile compared to industry and market?
SOUC volatility
SOUC Average Weekly Movement8.9%
Oil and Gas Industry Average Movement9.5%
Market Average Movement6.2%
10% most volatile stocks in GB Market12.9%
10% least volatile stocks in GB Market3.0%

Stable Share Price: SOUC is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: SOUC's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
200819Ian Atkinsonhttps://www.southernenergycorp.com

Southern Energy Corp. oil and natural gas exploration and production company in Canada. Its principal properties are Central Mississippi Assets that covers an area of approximately 31,000 acres containing oil and gas production at Gwinville, Mechanicsburg, Williamsburg and Mount Olive, and Mississippi. The company was formerly known as Standard Exploration Ltd.

Southern Energy Fundamentals Summary

How do Southern Energy's earnings and revenue compare to its market cap?
SOUC fundamental statistics
Market CapCA$55.52m
Earnings (TTM)CA$12.39m
Revenue (TTM)CA$15.14m

4.5x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOUC income statement (TTM)
RevenueCA$15.14m
Cost of RevenueCA$4.99m
Gross ProfitCA$10.15m
Other Expenses-CA$2.24m
EarningsCA$12.39m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin67.05%
Net Profit Margin81.87%
Debt/Equity Ratio86.6%

How did SOUC perform over the long term?

See historical performance and comparison

Valuation

Is Southern Energy undervalued compared to its fair value and its price relative to the market?

30.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SOUC (£0.41) is trading below our estimate of fair value (£0.59)

Significantly Below Fair Value: SOUC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SOUC is good value based on its PE Ratio (4.5x) compared to the UK Oil and Gas industry average (13x).

PE vs Market: SOUC is good value based on its PE Ratio (4.5x) compared to the UK market (16.7x).


Price to Earnings Growth Ratio

PEG Ratio: SOUC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SOUC is overvalued based on its PB Ratio (3.6x) compared to the GB Oil and Gas industry average (1.3x).


Future Growth

How is Southern Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-44.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOUC's earnings are forecast to decline over the next 3 years (-44.4% per year).

Earnings vs Market: SOUC's earnings are forecast to decline over the next 3 years (-44.4% per year).

High Growth Earnings: SOUC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SOUC's revenue is expected to decline over the next 3 years (-10% per year).

High Growth Revenue: SOUC's revenue is forecast to decline over the next 3 years (-10% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SOUC's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Southern Energy performed over the past 5 years?

-14.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SOUC has a high level of non-cash earnings.

Growing Profit Margin: SOUC became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SOUC has become profitable over the past 5 years, growing earnings by -14.7% per year.

Accelerating Growth: SOUC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SOUC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (183.2%).


Return on Equity

High ROE: SOUC's Return on Equity (81.4%) is considered outstanding.


Financial Health

How is Southern Energy's financial position?


Financial Position Analysis

Short Term Liabilities: SOUC's short term assets (CA$4.9M) do not cover its short term liabilities (CA$14.7M).

Long Term Liabilities: SOUC's short term assets (CA$4.9M) do not cover its long term liabilities (CA$17.2M).


Debt to Equity History and Analysis

Debt Level: SOUC's net debt to equity ratio (77.5%) is considered high.

Reducing Debt: Insufficient data to determine if SOUC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SOUC's debt is well covered by operating cash flow (26.4%).

Interest Coverage: SOUC's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet


Dividend

What is Southern Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SOUC's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SOUC has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Ian Atkinson

3.33yrs

Tenure

CA$185,000

Compensation

Mr. Ian Kenneth Atkinson, MSc, P.Eng., has been President, Chief Executive Officer and Director at Southern Energy Corp. (formerly, Standard Exploration Ltd.) since December 11, 2018. He has been the Chief...


CEO Compensation Analysis

Compensation vs Market: Ian's total compensation ($USD146.66K) is below average for companies of similar size in the UK market ($USD316.05K).

Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SOUC's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: SOUC's board of directors are considered experienced (3.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SOUC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 183.4%.


Top Shareholders

Company Information

Southern Energy Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Southern Energy Corp.
  • Ticker: SOUC
  • Exchange: AIM
  • Founded: 2008
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: CA$55.522m
  • Listing Market Cap: CA$33.698m
  • Shares outstanding: 78.20m
  • Website: https://www.southernenergycorp.com

Number of Employees


Location

  • Southern Energy Corp.
  • 333 – 7th Avenue S.W.
  • Suite 2400
  • Calgary
  • Alberta
  • T2P 2Z1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/04/15 00:00
End of Day Share Price2022/04/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.