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FEC Resources

OTCPK:FECO.F
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FECO.F
OTCPK
$3M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

FEC Resources Inc. engages in the exploration and development of oil and gas properties in the Philippines. The last earnings update was 52 days ago. More info.


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  • FEC Resources has significant price volatility in the past 3 months.
FECO.F Share Price and Events
7 Day Returns
150%
OTCPK:FECO.F
0.4%
US Oil and Gas
-0.7%
US Market
1 Year Returns
-67.8%
OTCPK:FECO.F
-16.7%
US Oil and Gas
3%
US Market
FECO.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FEC Resources (FECO.F) 150% 114.3% -25% -67.8% 400% -11.8%
US Oil and Gas 0.4% -4.6% -2.2% -16.7% -0.1% -32.7%
US Market -0.7% -2% 2.4% 3% 39.2% 42%
1 Year Return vs Industry and Market
  • FECO.F underperformed the Oil and Gas industry which returned -16.7% over the past year.
  • FECO.F underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
FECO.F
Industry
5yr Volatility vs Market

FECO.F Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for FEC Resources. This is due to cash flow or dividend data being unavailable. The share price is $0.0075.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for FEC Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FEC Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:FECO.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.00
OTCPK:FECO.F Share Price ** OTCPK (2019-05-17) in USD $0.01
United States of America Oil and Gas Industry PE Ratio Median Figure of 100 Publicly-Listed Oil and Gas Companies 12.94x
United States of America Market PE Ratio Median Figure of 3,088 Publicly-Listed Companies 17.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of FEC Resources.

OTCPK:FECO.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:FECO.F Share Price ÷ EPS (both in USD)

= 0.01 ÷ 0.00

-14.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FEC Resources is loss making, we can't compare its value to the US Oil and Gas industry average.
  • FEC Resources is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does FEC Resources's expected growth come at a high price?
Raw Data
OTCPK:FECO.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
27%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 75 Publicly-Listed Oil and Gas Companies 0.51x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for FEC Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on FEC Resources's assets?
Raw Data
OTCPK:FECO.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.00
OTCPK:FECO.F Share Price * OTCPK (2019-05-17) in USD $0.01
United States of America Oil and Gas Industry PB Ratio Median Figure of 194 Publicly-Listed Oil and Gas Companies 1.05x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
OTCPK:FECO.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:FECO.F Share Price ÷ Book Value per Share (both in USD)

= 0.01 ÷ 0.00

1.66x

* Primary Listing of FEC Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FEC Resources is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess FEC Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. FEC Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FECO.F Future Performance

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

  • No analysts cover FEC Resources, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
27%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FEC Resources expected to grow at an attractive rate?
  • FEC Resources's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • FEC Resources's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare FEC Resources's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:FECO.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:FECO.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 27%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:FECO.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:FECO.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 2
2017-09-30 0 2
2017-06-30 0 2
2017-03-31 0 2
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • FEC Resources's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if FEC Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:FECO.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from FEC Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FECO.F Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if FEC Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess FEC Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
FEC Resources has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FECO.F Past Performance

  How has FEC Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare FEC Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • FEC Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare FEC Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare FEC Resources's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
FEC Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from FEC Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FECO.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.22 0.19
2018-09-30 -0.20 0.17
2018-06-30 -0.18 0.16
2018-03-31 -0.16 0.14
2017-12-31 1.80 0.14
2017-09-30 1.79 0.16
2017-06-30 1.76 0.18
2017-03-31 1.77 0.18
2016-12-31 -0.25 0.20
2016-09-30 0.39 0.19 0.00
2016-06-30 0.36 0.22 0.00
2016-03-31 0.32 0.25 0.01
2015-12-31 0.34 0.26 0.01
2015-09-30 -0.32 0.29 0.01
2015-06-30 -0.29 0.26 0.01
2015-03-31 -0.30 0.26 0.01
2014-12-31 -0.29 0.26 0.01
2014-09-30 -0.29 0.26 0.01
2014-06-30 -0.31 0.27 0.01
2014-03-31 -0.35 0.31 0.01
2013-12-31 -0.37 0.33 0.01
2013-09-30 -4.56 0.37 0.01
2013-06-30 -4.69 0.38 0.01
2013-03-31 -5.19 0.38 0.01
2012-12-31 -5.14 0.37 0.01
2012-09-30 -0.90 0.38 0.01
2012-06-30 -0.86 0.40 0.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if FEC Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if FEC Resources has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if FEC Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess FEC Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
FEC Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FECO.F Health

 How is FEC Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up FEC Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • FEC Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • FEC Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of FEC Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • FEC Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from FEC Resources Company Filings, last reported 4 months ago.

OTCPK:FECO.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1.85 0.00 0.23
2018-09-30 1.92 0.00 0.27
2018-06-30 1.97 0.00 0.34
2018-03-31 2.02 0.00 0.39
2017-12-31 2.06 0.00 0.43
2017-09-30 2.12 0.00 0.16
2017-06-30 2.15 0.00 0.21
2017-03-31 2.19 0.00 0.27
2016-12-31 0.26 0.00 0.31
2016-09-30 0.33 0.00 0.37
2016-06-30 0.39 0.00 0.43
2016-03-31 0.42 0.00 0.47
2015-12-31 0.51 0.00 0.56
2015-09-30 -0.07 0.10 0.08
2015-06-30 0.03 0.10 0.13
2015-03-31 0.10 0.00 0.14
2014-12-31 0.17 0.00 0.19
2014-09-30 0.26 0.00 0.25
2014-06-30 0.32 0.00 0.34
2014-03-31 0.40 0.00 0.43
2013-12-31 0.46 0.00 0.48
2013-09-30 0.55 0.00 0.59
2013-06-30 0.63 0.00 0.67
2013-03-31 0.75 0.00 0.83
2012-12-31 0.83 0.00 0.88
2012-09-30 5.11 0.31 1.27
2012-06-30 5.32 0.31 1.45
  • FEC Resources has no debt.
  • FEC Resources had no debt 5 years ago.
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.

  • FEC Resources has sufficient cash runway for 1.2 years based on current free cash flow.
  • FEC Resources has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of -15.7% each year.
X
Financial health checks
We assess FEC Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. FEC Resources has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FECO.F Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from FEC Resources dividends.
If you bought $2,000 of FEC Resources shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate FEC Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate FEC Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:FECO.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 66 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as FEC Resources has not reported any payouts.
  • Unable to verify if FEC Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of FEC Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as FEC 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.
X
Income/ dividend checks
We assess FEC Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can FEC Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FEC Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FECO.F Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Paul Wallace
COMPENSATION $12,000
AGE 67
TENURE AS CEO 3.8 years
CEO Bio

Mr. Paul Frederick Wallace serves as Chief Executive Officer and President at FEC Resources, Inc. since August 15, 2015. Mr. Wallace has been the Chief Financial Officer of Goodman Fielder Pty Limited since July 2015. He serves as the Chairman at FEC Resources, Inc. Mr. Wallace serves as the Chief Financial Advisor at Philex Mining Corp. He has been the Chief Financial Officer of FEC Resources, Inc. since June 15, 2015. Mr. Wallace served as Chief Financial Officer of First Pacific Company Limited from February 2014 to June 30, 2015. He has 11 years experiences as an accountant in Canada before working in Hong Kong. Mr. Wallace served as the Finance Director of Forum Energy PLC. He has a strong record of achievement in international capital markets and with international listed company experience. Mr. Wallace served as Group Vice President of First Pacific from 1994 to 1997 and Chief Financial Advisor to Philex Mining Corporation since 2012. He worked in Canada, Hong Kong and the UK. Mr. Wallace served as Group Finance Director of Universal SRG Artist Services Limited from December 8, 2005 to 2008. He served as the Chief Executive Officer of Blue Ocean Wireless Limited since May 2009. Mr. Wallace is the Finance Director and Executive Director at Forum Energy Limited since 2010. He served at First Pacific Co. Ltd. from 1995 to 1997 and again from 2003 to 2004. Mr. Wallace served at First Pacific initially as its Senior Financial Officer. Latterly, he returned to First Pacific as Chief Financial Officer to lead the refinancing and restructuring of its debt as well as advising and structuring the sale of a significant subsidiary. In addition, Mr. Wallace spent 10 years as an Audit Partner with Price Waterhouse, based in Hong Kong, where he specialized in the audit of stockbrokers and fund managers. He has been an Executive Director of Forum Energy PLC since July 27, 2010 and a Non-Executive Director of JPMorgan Global Emerging Markets Income Trust Plc since June 2010. Mr. Wallace has been a Non-Executive Director at Pitkin Petroleum Plc. He has been an Executive Director at FEC Resources, Inc. since November 2012. Mr. Wallace has been a Director of The Sanctuary Group Plc since December 8, 2005. He serves as a Director at Blue Ocean Wireless Limited. Mr. Wallace served as a Director at AEC Holdings (UK) Limited, Air Raid Records Limited, April Music Limited, ASV Limited, B.M.S. (Mail Order) Limited, Beast Records Limited, Black Box Music Limited, Bravado Group Limited, Bravado International Group Limited, Bravado Merchandising Services Limited, Bravado Retail & Licensing Limited, Castle Home Video Limited, Castle Music Publishing limited, Castle Target International Limited, Chop 'Em out Productions Limited, Concessions Management International Limited, Concessions Management Worldwide Limited, Creole Records Limited, Dojo Limited, DSR Media Focus Limited, Eastern Light Productions Limited, Estupendo Records Limited, Fiddley Foodle Bird Limited, Focus Business Management Limited, Fox Studios Limited, Glassbag Limited, Helloween Limited, Helloween Touring Limited, Helter Skelter Agency Limited, Hendring Limited, IMS Enterprises Limited, Ironmaiden.com Limited, Joint Adventure Limited, K2 Agency Limited, Kaz Records Limited, Law 961 Limited, Mayan Records Limited, Men From the North Limited, Metal Is It. Limited, Music Is It. Limited, Olaf Street Studios Limited, One World Entertainment Co. Limited, Planet 3 Records Limited, Platinum Travel International Limited, Polar Union Limited, Rhino Records Limited, Rough Trade Records, Sanctuary (UB40) Limited, Sanctuary (W.A.R) Limited, Sanctuary Agency Services, Sanctuary Artist Management Limited, Sanctuary Artist Services Limited, Sanctuary Copyrights Limited, Sanctuary Digital Rights Limited, Sanctuary Enterprises Ltd., Sanctuary Management Limited, Sanctuary Management Productions Limited, Sanctuary Music Publishing Copyrights Limited, Sanctuary Music Publishing Limited, Sanctuary Publishing Limited, Sanctuary Records Group Limited, Sanctuary Records Limited, Sanctuary Screen Holdings Limited, Sanctuary Studios Limited, Santuary Visual Entertainment Limited, Sold Out Limited, Strawhand Limited, Tattoo The Planet Limited, Ted D. Bear Limited, Templeco 347 Limited, The DV Deli Limited, Trinifold Management Limited, Trinifold Music Limited, Trojan Recordings Limited, Trojan Three Limited, Twenty-First Artists Limited and Viper Records Limited. Mr. Wallace is a Member of the Canadian Institute of Chartered Accountants. He is qualified as a Chartered Accountant in 1977. Mr. Wallace has a BS from the University of Birmingham in Mathematics.

CEO Compensation
  • Paul's compensation has been consistent with company performance over the past year.
  • Paul's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Paul Wallace

TITLE
Chairman
COMPENSATION
$12K
AGE
67
TENURE
3.8 yrs
Board of Directors

Paul Wallace

TITLE
Chairman
COMPENSATION
$12K
AGE
67

Claro Ramirez

TITLE
Non-Executive Director
COMPENSATION
$12K
AGE
57
TENURE
7.6 yrs

Lyle Brown

TITLE
Non-Executive Director
COMPENSATION
$24K
AGE
64
TENURE
5.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess FEC Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. FEC Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FECO.F News

Simply Wall St News

FECO.F Company Info

Description

FEC Resources Inc. engages in the exploration and development of oil and gas properties in the Philippines. The company, through its interest in, Forum Energy Limited, owns a 70% interest in the Service Contract 72, an offshore license located to the north west of the Philippine Island of Palawan. It also owns 8.46%, 12.40%, and 19.46% interests in the Service Contract 14 Block A Nido, Block B Matinloc, and Block B1 North Matinloc located in the offshore northwest Palawan; and a 66.67% interest in the Service Contract 40 North Cebu covering an area of 340,000 hectares in the northern part of Cebu Island and adjacent offshore areas located in the Visayan Basin in the central part of the Philippine Archipelago. The company is headquartered in North Sydney, Australia. FEC Resources Inc. is a subsidiary of PXP Energy Corporation.

Details
Name: FEC Resources Inc.
FECO.F
Exchange: OTCPK
Founded:
$3,068,578
409,143,765
Website: http://www.fecresources.com
Address: FEC Resources Inc.
50 Mount Street,
5th Floor,
North Sydney,
New South Wales, 2060,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK FECO.F Common Shares Pink Sheets LLC US USD 29. Apr 2003
Number of employees
Current staff
Staff numbers
0
FEC Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 01:59
End of day share price update: 2019/05/17 00:00
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.