OTCPK:LNGS.F

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Columbus Energy Resources

Executive Summary

Columbus Energy Resources plc engages in the exploration and production of oil and gas on onshore Trinidad and Surinam.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LNGS.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

LNGS.F

1.5%

US Oil and Gas

1.0%

US Market


1 Year Return

n/a

LNGS.F

-35.9%

US Oil and Gas

4.1%

US Market

Return vs Industry: Insufficient data to determine how LNGS.F performed against the US Oil and Gas industry.

Return vs Market: Insufficient data to determine how LNGS.F performed against the US Market.


Shareholder returns

LNGS.FIndustryMarket
7 Day0%1.5%1.0%
30 Day0%9.0%5.4%
90 Dayn/a-19.8%-5.7%
1 Yearn/a-32.9%-35.9%6.5%4.1%
3 Year-25.0%-25.0%-31.4%-38.6%28.3%19.8%
5 Year-96.3%-96.3%-39.1%-48.8%52.2%35.0%

Price Volatility Vs. Market

How volatile is Columbus Energy Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Columbus Energy Resources undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LNGS.F ($0.03) is trading below our estimate of fair value ($0.1)

Significantly Below Fair Value: LNGS.F is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LNGS.F is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: LNGS.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 LNGS.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LNGS.F is overvalued based on its PB Ratio (0.7x) compared to the US Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is Columbus Energy Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

21.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LNGS.F is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LNGS.F is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LNGS.F is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LNGS.F's revenue (48.6% per year) is forecast to grow faster than the US market (8.9% per year).

High Growth Revenue: LNGS.F's revenue (48.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LNGS.F is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Columbus Energy Resources performed over the past 5 years?

8.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LNGS.F is currently unprofitable.

Growing Profit Margin: LNGS.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LNGS.F is unprofitable, but has reduced losses over the past 5 years at a rate of 8.4% per year.

Accelerating Growth: Unable to compare LNGS.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LNGS.F is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-22.9%).


Return on Equity

High ROE: LNGS.F has a negative Return on Equity (-10.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is Columbus Energy Resources's financial position?


Financial Position Analysis

Short Term Liabilities: LNGS.F's short term assets (£4.1M) do not cover its short term liabilities (£6.4M).

Long Term Liabilities: LNGS.F's short term assets (£4.1M) exceed its long term liabilities (£2.5M).


Debt to Equity History and Analysis

Debt Level: LNGS.F's debt to equity ratio (2.3%) is considered satisfactory.

Reducing Debt: LNGS.F's debt to equity ratio has reduced from 30.3% to 2.3% over the past 5 years.


Balance Sheet


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: Insufficient data to determine if LNGS.F has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LNGS.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate LNGS.F'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 LNGS.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LNGS.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 LNGS.F'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?

3.2yrs

Average board tenure


CEO

Tony Hawkins (47yo)

0.58

Tenure

Mr. Anthony James Hawkins, also known as Tony, serves as Chief Executive Officer and Director of Columbus Energy Resources plc since November 9, 2019. He serves as Legal and Commercial Director of Columbus ...


Board Members

NamePositionTenureCompensationOwnership
Leo Koot
Executive Chairman3yrsUK£336.00k1.43% £320.5k
Gordon Stein
Executive Director & CFO3.33yrsUK£213.00k0.056% £12.6k
Anthony Hawkins
CEO, Legal and Commercial Director & Director0.58yrno datano data
Michael Douglas
Non-Executive Director5.75yrsUK£26.00k0.16% £35.9k

3.2yrs

Average Tenure

58yo

Average Age

Experienced Board: LNGS.F's board of directors are considered experienced (3.2 years average tenure).


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: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.1%.


Top Shareholders

Company Information

Columbus Energy Resources plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Columbus Energy Resources plc
  • Ticker: LNGS.F
  • Exchange: OTCPK
  • Founded: 2006
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: UK£18.360m
  • Listing Market Cap: UK£22.394m
  • Shares outstanding: 918.01m
  • Website: https://www.columbus-erp.com

Number of Employees


Location

  • Columbus Energy Resources plc
  • 90 Long Acre
  • Suite 114
  • London
  • Greater London
  • WC2E 9RA
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CERPAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPMar 2007
G9LNDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2007
LNGS.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2007

Biography

Columbus Energy Resources plc engages in the exploration and production of oil and gas on onshore Trinidad and Surinam. The company has five producing fields, an appraisal/development project, and a prospective exploration portfolio in the South West Peninsula, which lies in the southwest of Trinidad and consists of stacked shallow and deep prospects. It also has onshore appraisal/development project in Suriname. The company was formerly known as LGO Energy plc and changed its name to Columbus Energy Resources plc in June 2017. Columbus Energy Resources plc was incorporated in 2006 and is based in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 04:18
End of Day Share Price2020/02/28 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.