NYSE:BCEI

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Bonanza Creek Energy

Executive Summary

Bonanza Creek Energy, Inc., an exploration and production company, focuses on the extraction of onshore oil and related liquids-rich natural gas in the United States. More Details


Snowflake Analysis

Undervalued with high growth potential.


Similar Companies

Share Price & News

How has Bonanza Creek Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BCEI is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: BCEI's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-2.2%

BCEI

-4.8%

US Oil and Gas

1.4%

US Market


1 Year Return

25.9%

BCEI

-25.3%

US Oil and Gas

22.6%

US Market

Return vs Industry: BCEI exceeded the US Oil and Gas industry which returned -23.1% over the past year.

Return vs Market: BCEI exceeded the US Market which returned 22.8% over the past year.


Shareholder returns

BCEIIndustryMarket
7 Day-2.2%-4.8%1.4%
30 Day14.4%12.2%4.9%
90 Day10.5%35.4%14.6%
1 Year25.9%25.9%-20.3%-25.3%25.4%22.6%
3 Year-19.1%-19.1%-33.6%-42.5%46.8%37.0%
5 Year-92.6%-92.6%-3.1%-21.8%132.0%106.1%

Long-Term Price Volatility Vs. Market

How volatile is Bonanza Creek Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BCEI ($22.36) is trading below our estimate of fair value ($62.23)

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


Price To Earnings Ratio

PE vs Industry: BCEI is poor value based on its PE Ratio (11.6x) compared to the US Oil and Gas industry average (10.3x).

PE vs Market: BCEI is good value based on its PE Ratio (11.6x) compared to the US market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: BCEI is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: BCEI is good value based on its PB Ratio (0.5x) compared to the US Oil and Gas industry average (1.2x).


Next Steps

Future Growth

How is Bonanza Creek Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

37.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BCEI's forecast earnings growth (37.5% per year) is above the savings rate (2%).

Earnings vs Market: BCEI's earnings (37.5% per year) are forecast to grow faster than the US market (21.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BCEI's revenue (39.7% per year) is forecast to grow faster than the US market (10.5% per year).

High Growth Revenue: BCEI's revenue (39.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Bonanza Creek Energy performed over the past 5 years?

71.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCEI has high quality earnings.

Growing Profit Margin: BCEI's current net profit margins (17%) are lower than last year (58.3%).


Past Earnings Growth Analysis

Earnings Trend: BCEI has become profitable over the past 5 years, growing earnings by 71.9% per year.

Accelerating Growth: BCEI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BCEI had negative earnings growth (-77.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-32.7%).


Return on Equity

High ROE: BCEI's Return on Equity (4.1%) is considered low.


Next Steps

Financial Health

How is Bonanza Creek Energy's financial position?


Financial Position Analysis

Short Term Liabilities: BCEI's short term assets ($89.8M) exceed its short term liabilities ($71.5M).

Long Term Liabilities: BCEI's short term assets ($89.8M) do not cover its long term liabilities ($94.3M).


Debt to Equity History and Analysis

Debt Level: BCEI's debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: BCEI's debt to equity ratio has reduced from 114.1% to 2% over the past 5 years.

Debt Coverage: BCEI's debt is well covered by operating cash flow (865.4%).

Interest Coverage: BCEI's interest payments on its debt are well covered by EBIT (22.3x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BCEI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.2yrs

Average management tenure


CEO

Eric Greager (49 yo)

2.75yrs

Tenure

US$2,673,528

Compensation

Mr. Eric T. Greager has been President, Chief Executive Officer and Director of Bonanza Creek Energy, Inc. since April 11, 2018. Mr. Greager’s 20 years of management experience in oil and gas includes role...


CEO Compensation Analysis

Compensation vs Market: Eric's total compensation ($USD2.67M) is above average for companies of similar size in the US market ($USD1.64M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Eric Greager
President2.75yrsUS$2.67m0.23%
$ 1.1m
Brant DeMuth
Executive VP & CFO2.17yrsUS$1.34m0.060%
$ 280.4k
Dean Tinsley
Senior Vice President of Operations3.17yrsUS$1.23m0.058%
$ 269.3k
Sandra Garbiso
VP & Chief Accounting Officer3.17yrsUS$892.58k0.018%
$ 83.1k
Cyrus Marter
Executive VP4.25yrsUS$1.40m0.12%
$ 554.4k
Scott Landreth
Senior Director of Finance & Investor Relations and Treasurerno datano datano data

3.2yrs

Average Tenure

49yo

Average Age

Experienced Management: BCEI's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eric Greager
President2.75yrsUS$2.67m0.23%
$ 1.1m
Jack Vaughn
Independent Director3.75yrsUS$89.86k0.061%
$ 285.8k
Jeffrey Wojahn
Independent Director6.17yrsUS$92.50k0.049%
$ 230.3k
Paul Keglevic
Independent Director3.75yrsUS$101.30k0.049%
$ 228.6k
Brian Steck
Independent Chairman of the Board1.58yrsUS$93.60k0.049%
$ 228.6k
Scott Vogel
Independent Director3.75yrsUS$100.00k0.049%
$ 228.6k
Carrie Hudak
Independent Director1.25yrsUS$87.51k0.017%
$ 77.6k

3.8yrs

Average Tenure

53yo

Average Age

Experienced Board: BCEI's board of directors are considered experienced (3.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bonanza Creek Energy, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bonanza Creek Energy, Inc.
  • Ticker: BCEI
  • Exchange: NYSE
  • Founded: 1999
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$465.858m
  • Shares outstanding: 20.83m
  • Website: https://www.bonanzacrk.com

Number of Employees


Location

  • Bonanza Creek Energy, Inc.
  • 410 17th Street
  • Suite 1400
  • Denver
  • Colorado
  • 80202
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
B2CNDB (Deutsche Boerse AG)YesNew Common SharesDEEURDec 2011
BCEINYSE (New York Stock Exchange)YesNew Common SharesUSUSDDec 2011

Biography

Bonanza Creek Energy, Inc., an exploration and production company, focuses on the extraction of onshore oil and related liquids-rich natural gas in the United States. Its primary oil and liquids-weighted a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 00:18
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.