NYSE:EXTN

Stock Analysis Report

Executive Summary

Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide.

Snowflake

Fundamentals

Overvalued with worrying balance sheet.


Similar Companies

Share Price & News

How has Exterran's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.9%

EXTN

3.8%

US Energy Services

0.07%

US Market


1 Year Return

-40.6%

EXTN

-39.4%

US Energy Services

8.9%

US Market

Return vs Industry: EXTN underperformed the US Energy Services industry which returned -39.4% over the past year.

Return vs Market: EXTN underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

EXTNIndustryMarket
7 Day0.9%3.8%0.07%
30 Day-8.5%-7.2%-0.3%
90 Day3.2%-15.6%-1.6%
1 Year-40.6%-40.6%-37.7%-39.4%11.3%8.9%
3 Year-23.1%-23.1%-51.7%-57.7%46.3%36.8%
5 Yearn/a-63.6%-69.0%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

12.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EXTN ($12.54) is trading below our estimate of fair value ($14.27)

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


Price To Earnings Ratio

PE vs Industry: EXTN is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.

PE vs Market: EXTN is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EXTN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EXTN is overvalued based on its PB Ratio (0.9x) compared to the US Energy Services industry average (0.7x).


Next Steps

Future Growth

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

-2.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if EXTN's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if EXTN's earnings are forecast to grow faster than the US market

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

Revenue vs Market: EXTN's revenue is expected to decline over the next 3 years (-2.2% per year).

High Growth Revenue: EXTN's revenue is forecast to decline over the next 3 years (-2.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EXTN's Return on Equity is forecast to be low in 3 years time (1%).


Next Steps

Past Performance

How has Exterran performed over the past 5 years?

3.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EXTN is unprofitable, but has reduced losses over the past 5 years at a rate of 3.3% per year.

Accelerating Growth: Unable to compare EXTN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EXTN is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-13.1%).


Return on Equity

High ROE: EXTN has a negative Return on Equity (-4.31%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: EXTN is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: EXTN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Exterran's financial position?


Financial Position Analysis

Short Term Liabilities: EXTN's short term assets ($543.5M) exceeds its short term liabilities ($402.3M)

Long Term Liabilities: EXTN's short term assets (543.5M) do not cover its long term liabilities (705.7M)


Debt to Equity History and Analysis

Debt Level: EXTN's debt to equity ratio (88.4%) is considered high

Reducing Debt: EXTN's debt to equity ratio has increased from 0% to 88.4% over the past 5 years.


Balance Sheet

Inventory Level: EXTN has a high level of physical assets or inventory.

Debt Coverage by Assets: EXTN's debt is covered by short term assets (assets are 1.182620x debt).


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.

Stable Cash Runway: EXTN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if EXTN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Exterran's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage4.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate EXTN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if EXTN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EXTN'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 EXTN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Exterran's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Andrew Way (48yo)

4yrs

Tenure

US$5,756,000

Compensation

Mr. Andrew James Way has been the Chief Executive Officer, President and Director of Exterran Corporation since October 30, 2015. Mr. Way served as President at Exterran Energy Solutions, L.P. He served as ...


CEO Compensation Analysis

Compensation vs. Market: Andrew's total compensation ($USD5.76M) is about average for companies of similar size in the US market ($USD1.81M).

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


Management Age and Tenure

2.8yrs

Average Tenure

52.5yo

Average Age

Experienced Management: EXTN's management team is considered experienced (2.8 years average tenure).


Board Age and Tenure

4.0yrs

Average Tenure

61yo

Average Age

Experienced Board: EXTN's board of directors are considered experienced (4 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyUS$53,35012 Aug 19
William Goodyear
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares5,000
Max PriceUS$10.67
BuyUS$857,88813 Dec 18
Equity Group Investments
EntityCompany
Shares41,000
Max PriceUS$21.02
BuyUS$2,536,75410 Dec 18
Equity Group Investments
EntityCompany
Shares119,140
Max PriceUS$21.64
BuyUS$1,921,70330 Nov 18
Equity Group Investments
EntityCompany
Shares85,579
Max PriceUS$22.49
BuyUS$2,783,11627 Nov 18
Equity Group Investments
EntityCompany
Shares124,904
Max PriceUS$22.48
BuyUS$15,173,58614 Nov 18
Equity Group Investments
EntityCompany
Shares648,776
Max PriceUS$23.60
BuyUS$927,82214 Nov 18
Equity Group Investments
EntityCompany
Shares41,000
Max PriceUS$22.63

Ownership Breakdown


Management Team

  • Mark Sotir (55yo)

    Executive Chairman

    • Tenure: 4yrs
    • Compensation: US$384.00k
  • Valerie Banner (61yo)

    Senior VP

    • Tenure: 0yrs
  • Dave Barta (56yo)

    Senior VP

    • Tenure: 2.8yrs
    • Compensation: US$1.68m
  • Andrew Way (48yo)

    President

    • Tenure: 4yrs
    • Compensation: US$5.76m
  • Chris Michel

    Senior Vice President of Global Human Resources & Communications

    • Tenure: 0yrs
  • Kenneth Hancock

    Vice President of Investor Relations

    • Tenure: 1.3yrs
  • Girish Saligram (47yo)

    Senior VP & COO

    • Tenure: 1.2yrs
    • Compensation: US$2.04m
  • Roger George (50yo)

    Senior Vice President of Global Engineering & Product Lines

    • Tenure: 2.8yrs
    • Compensation: US$1.42m

Board Members

  • Mark Sotir (55yo)

    Executive Chairman

    • Tenure: 4yrs
    • Compensation: US$384.00k
  • Bill Goodyear (70yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$237.50k
  • Chris Seaver (70yo)

    Independent Director

    • Tenure: 4yrs
    • Compensation: US$210.50k
  • James Gouin (59yo)

    Independent Director

    • Tenure: 3.9yrs
    • Compensation: US$197.50k
  • John Ryan (67yo)

    Independent Director

    • Tenure: 4yrs
    • Compensation: US$218.50k
  • Hatem Soliman (60yo)

    Independent Director

    • Tenure: 0.5yrs
  • Andrew Way (48yo)

    President

    • Tenure: 4yrs
    • Compensation: US$5.76m
  • Iêda Gomes Yell (62yo)

    Independent Director

    • Tenure: 4yrs
    • Compensation: US$190.00k

Company Information

Exterran Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Exterran Corporation
  • Ticker: EXTN
  • Exchange: NYSE
  • Founded: 2007
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$442.578m
  • Shares outstanding: 35.29m
  • Website: https://www.exterran.com

Number of Employees


Location

  • Exterran Corporation
  • 11000 Equity Drive
  • Houston
  • Texas
  • 77041
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EXTNNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 2015
200DB (Deutsche Boerse AG)YesCommon StockDEEUROct 2015

Biography

Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: contract Operations, Afterm ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:32
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.