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 Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BKKN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

BKKN

12.2%

US Oil and Gas

9.4%

US Market


1 Year Return

105.1%

BKKN

-49.0%

US Oil and Gas

-6.8%

US Market

Return vs Industry: BKKN exceeded the US Oil and Gas industry which returned -4.2% over the past year.

Return vs Market: BKKN exceeded the US Market which returned 24.7% over the past year.


Shareholder returns

BKKNIndustryMarket
7 Day0%12.2%9.4%
30 Day0%-2.1%-3.9%
90 Dayn/a-42.4%-16.5%
1 Year105.1%105.1%-46.9%-49.0%-4.8%-6.8%
3 Year-14.0%-14.0%-42.1%-47.7%23.4%15.2%
5 Year0%0%-48.8%-56.7%41.3%25.7%

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 compared to its fair value and its price relative to the 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 forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.8%

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?

31.9%

Historical Energy annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if BKKN has high quality earnings.

Growing Profit Margin: Insufficient data to determine if BKKN's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if BKKN's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare BKKN's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if BKKN's earnings growth over the past year exceeded the Oil and Gas industry average.


Return on Equity

High ROE: BKKN has a negative Return on Equity (0%), as it is currently unprofitable.


Next Steps

Financial Health

How is Bakken Resources's financial position?


In this section we usually analyse Bakken Resources's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Bakken Resources has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of BKKN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Bakken Resources's financial data was last updated here.
  • Explore more healthy companies in the Energy industry.

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if BKKN'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 BKKN'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?


CEO

Allan Holms

0.50

Tenure

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. 


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.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

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$4.539m
  • 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 Williston Basin. It owns mineral rights to approximately 7,200 gross acres and 1,600 net mineral acres of land located to the southeast of Williston, North Dakota. The company is based in Helena, Montana. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/12 00:52
End of Day Share Price2019/08/27 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.