FEC Resources Inc. engages in the exploration and development of oil and gas properties in the Philippines.
Adequate balance sheet and overvalued.
Share Price & News
How has FEC Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FECO.F has not had significant price volatility in the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: FECO.F underperformed the US Oil and Gas industry which returned -18.9% over the past year.
Return vs Market: FECO.F underperformed the US Market which returned 17.9% over the past year.
Price Volatility Vs. Market
How volatile is FEC Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is FEC Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FECO.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FECO.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FECO.F is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: FECO.F 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 FECO.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FECO.F is good value based on its PB Ratio (0.3x) compared to the US Oil and Gas industry average (0.8x).
How is FEC Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 FEC 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.
- Examine FEC 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.
- 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. If you are looking for more of a qualitative research into the company, you can access FEC Resources's filings and announcements here.
- Explore growth companies in the Energy industry.
How has FEC Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FECO.F is currently unprofitable.
Growing Profit Margin: FECO.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FECO.F is unprofitable, but has reduced losses over the past 5 years at a rate of 7% per year.
Accelerating Growth: Unable to compare FECO.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FECO.F is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-13.3%).
Return on Equity
High ROE: FECO.F has a negative Return on Equity (-13.73%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is FEC Resources's financial position?
Financial Position Analysis
Short Term Liabilities: FECO.F's short term assets ($74.0K) exceed its short term liabilities ($49.2K).
Long Term Liabilities: FECO.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FECO.F is debt free.
Reducing Debt: FECO.F had no debt 5 years ago.
Inventory Level: FECO.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if FECO.F's debt is covered by short term assets.
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: FECO.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FECO.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.6% each year.
What is FEC Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate FECO.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FECO.F'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 FECO.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FECO.F'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 FECO.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Paul Wallace (68yo)
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 sinc ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD12.00K) is below average for companies of similar size in the US market ($USD522.48K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FEC Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: FEC Resources Inc.
- Ticker: FECO.F
- Exchange: OTCPK
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$490.972k
- Shares outstanding: 409.14m
- Website: https://www.fecresources.com
- FEC Resources Inc.
- 50 Mount Street
- 5th Floor
- North Sydney
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FECO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 2003|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 01:30|
|End of Day Share Price||2020/02/21 00:00|
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.