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.
+ 1 more risk
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has GulfSlope Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GSPE's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: GSPE underperformed the US Oil and Gas industry which returned -33.4% over the past year.
Return vs Market: GSPE underperformed the US Market which returned 9.9% over the past year.
Price Volatility Vs. Market
How volatile is GulfSlope Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is GulfSlope Energy 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 GSPE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GSPE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GSPE is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: GSPE 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 GSPE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GSPE is overvalued based on its PB Ratio (4.6x) compared to the US Oil and Gas industry average (0.7x).
How is GulfSlope Energy 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 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 SimplyWall St do have past financial data.
- 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.
- 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.
- Explore growth companies in the Energy industry.
How has GulfSlope Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GSPE is currently unprofitable.
Growing Profit Margin: GSPE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GSPE is unprofitable, and losses have increased over the past 5 years at a rate of -25.3% per year.
Accelerating Growth: Unable to compare GSPE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GSPE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.8%).
Return on Equity
High ROE: GSPE has a negative Return on Equity (-686.09%), as it is currently unprofitable.
How is GulfSlope Energy's financial position?
Financial Position Analysis
Short Term Liabilities: GSPE's short term assets ($6.7M) do not cover its short term liabilities ($26.4M).
Long Term Liabilities: GSPE's short term assets ($6.7M) exceed its long term liabilities ($43.4K).
Debt to Equity History and Analysis
Debt Level: GSPE's debt to equity ratio (552.5%) is considered high.
Reducing Debt: GSPE had negative shareholder equity 5 years ago, but is now positive and has therefore 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.
Stable Cash Runway: GSPE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GSPE has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.5% each year.
What is GulfSlope Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GSPE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GSPE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GSPE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GSPE'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 GSPE'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?
Average board tenure
John Seitz (67yo)
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 O ...
|Chairman||7.08yrs||no data||16.8% $1.6m|
|Independent Director||6.25yrs||no data||0.54% $50.7k|
|Independent Director||6.25yrs||no data||0.65% $61.1k|
Experienced Board: GSPE's board of directors are considered experienced (6.3 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 9%.
GulfSlope Energy, Inc's company bio, employee growth, exchange listings and data sources
- Name: GulfSlope Energy, Inc
- Ticker: GSPE
- Exchange: OTCPK
- Founded: 2003
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$9.385m
- Shares outstanding: 1.19b
- Website: https://www.gulfslope.com
Number of Employees
- GulfSlope Energy, Inc
- 1331 Lamar Street
- Suite 1665
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GSPE||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jan 2007|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 04:41|
|End of Day Share Price||2020/05/29 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.