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GulfSlope Energy

OTCPK:GSPE
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GSPE
OTCPK
$36M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

GulfSlope Energy, Inc., an independent oil and natural gas exploration company, focuses on the exploration and development of oil and natural gas properties in the Gulf of Mexico federal waters offshore Louisiana in the United States. The last earnings update was 9 days ago. More info.


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  • GulfSlope Energy has significant price volatility in the past 3 months.
GSPE Share Price and Events
7 Day Returns
0%
OTCPK:GSPE
0.3%
US Oil and Gas
0.2%
US Market
1 Year Returns
-44.8%
OTCPK:GSPE
-15.4%
US Oil and Gas
2.9%
US Market
GSPE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GulfSlope Energy (GSPE) 0% -46.8% -43.1% -44.8% 65% -96%
US Oil and Gas 0.3% -5.9% -0.9% -15.4% -1.6% -32.5%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • GSPE underperformed the Oil and Gas industry which returned -15.4% over the past year.
  • GSPE underperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
GSPE
Industry
5yr Volatility vs Market

GSPE Value

 Is GulfSlope Energy 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 GulfSlope Energy. This is due to cash flow or dividend data being unavailable. The share price is $0.033.
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 GulfSlope Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GulfSlope Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:GSPE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.01
OTCPK:GSPE Share Price ** OTCPK (2019-05-23) in USD $0.03
United States of America Oil and Gas Industry PE Ratio Median Figure of 101 Publicly-Listed Oil and Gas Companies 13.71x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

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

** Primary Listing of GulfSlope Energy.

OTCPK:GSPE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:GSPE Share Price ÷ EPS (both in USD)

= 0.03 ÷ -0.01

-3.43x

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

  • GulfSlope Energy is loss making, we can't compare its value to the US Oil and Gas industry average.
  • GulfSlope Energy 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 GulfSlope Energy's expected growth come at a high price?
Raw Data
OTCPK:GSPE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Oil and Gas Industry PEG Ratio Median Figure of 76 Publicly-Listed Oil and Gas Companies 0.49x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*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 GulfSlope Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on GulfSlope Energy's assets?
Raw Data
OTCPK:GSPE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.01
OTCPK:GSPE Share Price * OTCPK (2019-05-23) in USD $0.03
United States of America Oil and Gas Industry PB Ratio Median Figure of 195 Publicly-Listed Oil and Gas Companies 1.14x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
OTCPK:GSPE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:GSPE Share Price ÷ Book Value per Share (both in USD)

= 0.03 ÷ 0.01

6.52x

* Primary Listing of GulfSlope Energy.

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

  • GulfSlope Energy is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess GulfSlope Energy'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. GulfSlope Energy 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.

GSPE Future Performance

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

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 GulfSlope Energy 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
12.7%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GulfSlope Energy expected to grow at an attractive rate?
  • Unable to compare GulfSlope Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare GulfSlope Energy's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare GulfSlope Energy's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:GSPE Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.7%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
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:GSPE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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:GSPE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 -1 -8
2018-12-31 5 -3
2018-09-30 5 -3
2018-06-30 3 -3
2018-03-31 1 -5
2017-12-31 0 -6
2017-09-30 0 -6
2017-06-30 0 -6
2017-03-31 -1 -5
2016-12-31 -1 -5
2016-09-30 -1 -5
2016-06-30 -1 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if GulfSlope Energy is high growth as no earnings estimate data is available.
  • Unable to determine if GulfSlope Energy 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:GSPE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from GulfSlope Energy Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:GSPE Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.01
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01

*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 GulfSlope Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of GSPE’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.
  2. GulfSlope Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. 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 GulfSlope Energy's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess GulfSlope Energy'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.
GulfSlope Energy has a total score of 0/6, 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.

GSPE Past Performance

  How has GulfSlope Energy 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 GulfSlope Energy'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.
  • GulfSlope Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare GulfSlope Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare GulfSlope Energy's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
GulfSlope Energy'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 GulfSlope Energy Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:GSPE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 -8.09 2.02
2018-12-31 -2.55 1.06
2018-09-30 -2.64 1.22
2018-06-30 -2.55 1.40
2018-03-31 -5.38 0.68
2017-12-31 -5.66 1.03
2017-09-30 -5.69 0.96
2017-06-30 -5.84 1.09
2017-03-31 -5.34 1.32
2016-12-31 -5.04 1.29
2016-09-30 -5.18 1.66
2016-06-30 -5.55 2.19
2016-03-31 -3.07 2.65
2015-12-31 -3.53 3.04
2015-09-30 -3.69 3.22
2015-06-30 -3.48 3.06
2015-03-31 -3.26 2.84
2014-12-31 -4.21 2.86
2014-09-30 -5.51 2.50
2014-06-30 -5.58 2.01
2014-03-31 -7.44 1.95
2013-12-31 -19.20 2.25
2013-09-30 -17.45 2.24
2013-06-30 -16.90 2.32
2013-03-31 -15.53 2.95
2012-12-31 -1.90 1.90
2012-09-30 -1.54 1.54
2012-06-30 -1.24 1.24

*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 GulfSlope Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if GulfSlope Energy 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 GulfSlope Energy 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 GulfSlope Energy'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.
GulfSlope Energy 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.

GSPE Health

 How is GulfSlope Energy'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 GulfSlope Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GulfSlope Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • GulfSlope Energy has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GulfSlope Energy'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
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 GulfSlope Energy Company Filings, last reported 1 month ago.

OTCPK:GSPE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 5.52 9.30 5.00
2018-12-31 -3.45 9.34 3.80
2018-09-30 -4.39 9.22 5.62
2018-06-30 -5.63 9.34 4.88
2018-03-31 -6.88 10.01 2.37
2017-12-31 -11.45 9.95 0.11
2017-09-30 -11.32 9.83 0.01
2017-06-30 -11.08 9.72 0.02
2017-03-31 -7.41 9.25 0.06
2016-12-31 -7.15 8.96 0.05
2016-09-30 -6.69 8.54 0.06
2016-06-30 -6.55 8.42 0.13
2016-03-31 -3.80 8.30 0.06
2015-12-31 -3.48 8.15 0.13
2015-09-30 -2.99 7.96 1.43
2015-06-30 -2.48 7.53 0.20
2015-03-31 -2.42 6.58 1.13
2014-12-31 -1.69 6.65 2.81
2014-09-30 -1.06 6.46 4.41
2014-06-30 -8.38 6.50 0.16
2014-03-31 -7.82 5.36 6.70
2013-12-31 -5.91 5.39 3.34
2013-09-30 -9.43 5.50 0.31
2013-06-30 -10.72 5.20 0.47
2013-03-31 -12.94 0.00 0.01
2012-12-31 0.29 0.00 0.13
2012-09-30 0.69 0.00 0.42
2012-06-30 1.01 0.00 0.55
  • GulfSlope Energy's level of debt (168.6%) compared to net worth is high (greater than 40%).
  • GulfSlope Energy had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • GulfSlope Energy has less than a year of cash runway based on current free cash flow.
  • GulfSlope Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -40.5% each year.
X
Financial health checks
We assess GulfSlope Energy'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. GulfSlope Energy has a total score of 2/6, 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.

GSPE Dividends

 What is GulfSlope Energy'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 GulfSlope Energy dividends.
If you bought $2,000 of GulfSlope Energy 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 GulfSlope Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate GulfSlope Energy'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:GSPE 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 2005 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 GulfSlope Energy has not reported any payouts.
  • Unable to verify if GulfSlope Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of GulfSlope Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as GulfSlope Energy 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 GulfSlope Energy'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 GulfSlope Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GulfSlope Energy 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.

GSPE Management

 What is the CEO of GulfSlope Energy'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
John Seitz
COMPENSATION $0
AGE 66
TENURE AS CEO 6 years
CEO Bio

Mr. John N. Seitz has been the Chairman and Chief Executive Officer of GulfSlope Energy, Inc., since May 31, 2013 and served as its Chief Accounting Officer. Mr. Seitz has been an Interim Chief Operating Officer and Interim President of GulfSlope Energy, Inc since May 21, 2018. He served as Strategy and Finance Advisor of Century Petroleum Corp., since June 11, 2007. Mr. Seitz has been a Consultant to the oil & gas industry since March 2013. Mr. Seitz served as a consultant to GulfSlope Energy, Inc. from March 2013 through May 2013. Mr. Seitz served as the Chief Financial Officer of GulfSlope Energy, Inc since May 31, 2013 until August 2014. He co-founded Endeavour International Corporation and served as its Co-Chief Executive Officer from 2003 to September 2006. He has over 30 years of experience in the industry covering a wide range of positions. He served in various positions at Anadarko Petroleum Corp. including Chief Executive Officer from January 2002 to March 25, 2003, Chief Operating Officer from 1999 to 2003 and its President from 1999 to March 25, 2003 and Executive Vice President-Exploration and Production from 1997 to 1999. Mr. Seitz began his career with Anadarko in 1977 as Senior Geologist and progressed to the position of Manager, Exploration in 1986 at the time of Anadarko’s spin-off from Panhandle Eastern. He was Geologist with Amoco Production Company, beginning his career there in 1975. Mr. Seitz has been Vice Chairman of Endeavour International Corporation since September 2006 and its Director since February 26, 2004. He has been a Director of ION Geophysical Corporation since August 2003. He has been Independent Director of Constellation Energy Resources LLC since December 2006. He has been an Independent Director of Gulf United Energy, Inc. since January 2011. He serves as a Director of Elk Petroleum Inc. He serves as Trustee for the American Geological Institute Foundation. Mr. Seitz served as an Independent Manager at Constellation Energy Partners LLC (now, Sanchez Production Partners LLC) since December 2006 until June 17, 2014. He served as Director of Anadarko Petroleum Corporation from 1997 to March 25, 2003. In 2000, the Houston Geological Society honored him as a "Legend in Wildcatting." Mr. Seitz began his career as a petroleum geologist with Amoco Production Company. Mr. Seitz is a Certified Professional Geological Scientist from the American Institute of Professional Geologists and a licensed professional geoscientist with the State of Texas. Mr. Seitz received his Bachelor of Science degree in Geology from the University of Pittsburgh in 1974 and Master of Science degree in Geology from Rensselaer Polytechnic Institute in 1975. He also received advanced studies in business from the University of Houston and Wharton School of Business in 1975. He also attended the Advanced Management Program in 1996 at the Wharton School of Business.

CEO Compensation
  • Insufficient data for John to compare compensation growth.
  • John's remuneration is lower than average for companies of similar size in United States of America.
Management Team

John Seitz

TITLE
Chairman of the Board
AGE
66
TENURE
6 yrs

John Malanga

TITLE
VP & CFO
COMPENSATION
$596K
AGE
51
TENURE
4.8 yrs
Board of Directors Tenure

Average tenure and age of the GulfSlope Energy board of directors in years:

5.2
Average Tenure
68
Average Age
  • The tenure for the GulfSlope Energy board of directors is about average.
Board of Directors

John Seitz

TITLE
Chairman of the Board
AGE
66
TENURE
6 yrs

Paul Morris

TITLE
Director
AGE
76
TENURE
5.2 yrs

Richard Langdon

TITLE
Director
AGE
68
TENURE
5.2 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 GulfSlope Energy'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. GulfSlope Energy 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.

GSPE News

Simply Wall St News

GSPE Company Info

Description

GulfSlope Energy, Inc., an independent oil and natural gas exploration company, focuses on the exploration and development of oil and natural gas properties in the Gulf of Mexico federal waters offshore Louisiana in the United States. It has leased 14 federal outer continental shelf blocks and licensed 2.2 million acres of three-dimensional seismic data in its area of concentration. The company was formerly known as Plan A Promotions, Inc. and changed its name to GulfSlope Energy, Inc. in April 2012. GulfSlope Energy, Inc. was founded in 2003 and is headquartered in Houston, Texas.

Details
Name: GulfSlope Energy, Inc
GSPE
Exchange: OTCPK
Founded: 2003
$35,951,305
1,089,433,510
Website: http://www.gulfslope.com
Address: GulfSlope Energy, Inc
1331 Lamar Street,
Suite 1665,
Houston,
Texas, 77010,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK GSPE Common Stock Pink Sheets LLC US USD 19. Jan 2007
Number of employees
Current staff
Staff numbers
7
GulfSlope Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 00:01
End of day share price update: 2019/05/23 00:00
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


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.