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Bonanza Creek Energy

Market Cap

US$974.6m

Last Updated

2021/04/19 23:21 UTC

Data Sources

Company Financials +

Executive Summary

Bonanza Creek Energy, Inc., an oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and related liquids-rich natural gas in the United States. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.


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 not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: BCEI's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-1.2%

BCEI

0.4%

US Oil and Gas

1.3%

US Market


1 Year Return

143.8%

BCEI

43.9%

US Oil and Gas

53.8%

US Market

Return vs Industry: BCEI exceeded the US Oil and Gas industry which returned 43.9% over the past year.

Return vs Market: BCEI exceeded the US Market which returned 53.9% over the past year.


Shareholder returns

BCEIIndustryMarket
7 Day-1.2%0.4%1.3%
30 Day-0.4%-0.3%5.1%
90 Day44.7%13.9%8.9%
1 Year143.8%143.8%53.8%43.9%56.6%53.8%
3 Year12.4%12.4%-18.0%-29.5%64.4%53.6%
5 Year-92.3%-92.3%-4.5%-23.8%120.4%95.7%

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?

13.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BCEI ($32.32) is trading below our estimate of fair value ($36.86)

Significantly Below Fair Value: BCEI is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BCEI is good value based on its PE Ratio (6.5x) compared to the US Oil and Gas industry average (13.4x).

PE vs Market: BCEI is good value based on its PE Ratio (6.5x) compared to the US market (22.5x).


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 (0.6x) compared to the US Oil and Gas industry average (1.4x).


Future Growth

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

20.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BCEI's forecast earnings growth (20.4% per year) is above the savings rate (2%).

Earnings vs Market: BCEI's earnings (20.4% per year) are forecast to grow faster than the US market (18% per year).

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

Revenue vs Market: BCEI's revenue (29.6% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: BCEI's revenue (29.6% 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


Past Performance

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

76.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCEI has a large one-off loss of $25.7M impacting its December 31 2020 financial results.

Growing Profit Margin: BCEI's current net profit margins (47.5%) are higher than last year (21.7%).


Past Earnings Growth Analysis

Earnings Trend: BCEI has become profitable over the past 5 years, growing earnings by 76.5% per year.

Accelerating Growth: BCEI's earnings growth over the past year (52.2%) is below its 5-year average (76.5% per year).

Earnings vs Industry: BCEI earnings growth over the past year (52.2%) exceeded the Oil and Gas industry -44.6%.


Return on Equity

High ROE: BCEI's Return on Equity (9.9%) is considered low.


Financial Health

How is Bonanza Creek Energy's financial position?


Financial Position Analysis

Short Term Liabilities: BCEI's short term assets ($92.4M) exceed its short term liabilities ($74.5M).

Long Term Liabilities: BCEI's short term assets ($92.4M) exceed its long term liabilities ($63.1M).


Debt to Equity History and Analysis

Debt Level: BCEI is debt free.

Reducing Debt: BCEI has no debt compared to 5 years ago when its debt to equity ratio was 420.6%.

Debt Coverage: BCEI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BCEI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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)

3yrs

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 ($USD2.67M) is about average for companies of similar size in the US market ($USD2.32M).

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


Leadership Team

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


Board Members

Experienced Board: BCEI's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: BCEI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 46%.


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$974.559m
  • Shares outstanding: 30.15m
  • Website: https://www.bonanzacrk.com

Number of Employees


Location

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

Listings


Biography

Bonanza Creek Energy, Inc., an oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and related liquids-rich natural gas in the United States. Its primar...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 23:21
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
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.