OTCPK:BKKN

Stock Analysis Report

Executive Summary

Bakken Resources, Inc., an independent energy company, focuses on the acquisition and development of oil and natural gas properties in North America.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • Bakken Resources's last earnings update was 646 days ago.
  • Bakken Resources is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

13.6%

OTCPK:BKKN

2.1%

US Oil and Gas

2.1%

US Market


1 Year Return

-3.6%

OTCPK:BKKN

-23.1%

US Oil and Gas

-0.04%

US Market

BKKN outperformed the Oil and Gas industry which returned -22.7% over the past year.

BKKN underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

BKKNIndustryMarket
7 Day13.6%2.1%2.1%
30 Day14.3%-8.8%-3.2%
90 Dayn/a-7.5%2.8%
1 Year-3.6%-3.6%-20.3%-23.1%2.2%-0.04%
3 Year-71.6%-71.6%-6.6%-15.0%41.5%32.3%
5 Year-77.8%-77.8%-33.6%-42.6%55.0%37.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Bakken Resources undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether Bakken Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Bakken Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Examine Bakken Resources'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.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Bakken Resources regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Bakken Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.4%

Forecasted Energy industry annual growth in earnings


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 Bakken Resources 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bakken Resources performed over the past 5 years?

0.3%

Historical Energy annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Insufficient past earnings data to establish if Bakken Resources's year on year earnings growth rate was positive over the past 5 years.

Unable to compare Bakken Resources's 1-year growth to the 5-year average as past earnings data has not been reported.

Unable to compare Bakken Resources's 1-year growth to the US Oil and Gas industry average as past earnings data has not been reported.


Return on Equity

Unable to establish if Bakken Resources has efficiently used shareholders’ funds last year as no Return on Equity data is available.


Return on Assets

Unable to establish if Bakken Resources has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as past financial data has not been reported.


Return on Capital Employed

Unable to establish if Bakken Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Bakken Resources's financial position?


Financial Position Analysis

Unable to compare short term assets to short term liabilities as Bakken Resources has not reported sufficient balance sheet data.

Unable to establish if Bakken Resources's long term commitments exceed its cash and other short term assets as Bakken Resources has not reported sufficient balance sheet data.


Debt to Equity History and Analysis

Bakken Resources has no debt.

Bakken Resources has no debt compared to 5 years ago when it was 74%.

Bakken Resources has no debt, it does not need to be covered by operating cash flow.

Bakken Resources has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Unable to establish if Bakken Resources has a high level of physical assets or inventory without balance sheet data.

Bakken Resources has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Bakken Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Bakken Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Bakken Resources has not reported any payouts.

Unable to verify if Bakken Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Bakken Resources 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.


Next Steps

Management

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


CEO

Allan Holms 0

0.3yrs

Tenure

0

Mr. Allan G. Holms is the Chairman of the Board, Chief Executive Officer and President at Bakken Resources, Inc. since April 15, 2019 and Director since April 12, 2019. 


Insider Trading

No 3 month open market individual insider trading information.


Management Team

  • William Wood

    CFO, VP & Director

    • Tenure: 0.3yrs
  • Allan Holms

    Chairman

    • Tenure: 0.3yrs

Board Members

  • William Wood

    CFO, VP & Director

    • Tenure: 0.3yrs
  • Allan Holms

    Chairman

    • Tenure: 0.3yrs

Company Information

Bakken Resources, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bakken Resources, Inc.
  • Ticker: BKKN
  • Exchange: OTCPK
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$2.269m
  • Shares outstanding: 56.74m
  • Website: https://www.bakkenresourcesinc.com

Number of Employees


Location

  • Bakken Resources, Inc.
  • 825 Great Northern Boulevard
  • Suite 304
  • Helena
  • Montana
  • 59601
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKKNOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 2010

Biography

Bakken Resources, Inc., an independent energy company, focuses on the acquisition and development of oil and natural gas properties in North America. The company primarily focuses its activities in the Wil ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 00:14
End of Day Share Price2019/08/22 00:00
Earnings2017/09/30
Annual Earnings2016/12/31


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.