OTCPK:MAXM.F

Stock Analysis Report

Executive Summary

Southern Energy Corp. engages in the exploration, development, and production of petroleum and natural gas in Canada.

Snowflake

Fundamentals

Limited growth and overvalued.

Risks

  • Southern Energy is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:MAXM.F

-2.6%

US Oil and Gas

-1.9%

US Market


1 Year Return

n/a

OTCPK:MAXM.F

-26.1%

US Oil and Gas

-3.3%

US Market

No trading data on MAXM.F.

No trading data on MAXM.F.


Share holder returns

MAXM.FIndustryMarket
7 Day0%-2.6%-1.9%
30 Day-5.3%-10.4%-6.2%
90 Dayn/a-10.3%0.3%
1 Yearn/a-23.3%-26.1%-1.1%-3.3%
3 Year125.8%125.8%-9.6%-17.7%37.9%28.9%
5 Year-82.7%-82.7%-34.8%-43.8%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.65x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Southern Energy to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Southern Energy to establish if it is available at substantial discount.


Price Based on Earnings

Southern Energy is loss making, we can't compare its value to the US Oil and Gas industry average.

Southern 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

Unable to calculate PEG ratio for Southern Energy, we can't assess if its growth is good value.


Price Based on Value of Assets

Southern Energy is good value based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

How is Southern Energy expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

-18.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Southern Energy's revenue is expected to grow significantly at over 20% yearly.

Southern Energy is not considered high growth as it is expected to be loss making for the next 1-3 years.

Southern Energy's revenue growth is expected to exceed the United States of America market average.

Unable to compare Southern Energy's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Southern Energy's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Southern Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Southern Energy performed over the past 5 years?

-6.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Southern Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Southern Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Southern Energy's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.


Return on Equity

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


Return on Assets

It is difficult to establish if Southern 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.


Return on Capital Employed

It is difficult to establish if Southern Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Southern Energy's financial position?


Financial Position Analysis

Southern Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Southern Energy's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Southern Energy's level of debt (58.4%) compared to net worth is high (greater than 40%).

Unable to establish if Southern Energy's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.7x debt.


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.

Southern Energy has less than a year of cash runway based on current free cash flow.

Southern Energy has less than a year of cash runway if free cash flow continues to grow at historical rates of 122% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Southern Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Southern Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Southern Energy has not reported any payouts.

Unable to verify if Southern Energy's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Southern 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.


Next Steps

Management

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

0.7yrs

Average management tenure


CEO

Ian Atkinson 0

0.7yrs

Tenure

0

Mr. Ian Kenneth Atkinson, MSc, P.Eng., has served as a President and Chief Executive Officer since December 20, 2018 and has been Director at Southern Energy Corp. (formerly, Standard Exploration Ltd.) sin ...


Management Age and Tenure

0.7yrs

Average Tenure

The average tenure for the Southern Energy management team is less than 2 years, this suggests a new team.


Board Age and Tenure

0.7yrs

Average Tenure

The average tenure for the Southern Energy board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyCA$372,42522 Dec 18
AGF Management Limited
EntityCompany
Shares5,000,000
Max PriceCA$0.074
BuyCA$744,85022 Dec 18
Ian Atkinson
EntityIndividual
Role
Chief Executive Officer
President
Shares10,000,000
Max PriceCA$0.074

Ownership Breakdown


Management Team

  • Ian Atkinson

    President

    • Tenure: 0.7yrs
  • Erin Buschert

    Vice President of Land

    • Tenure: 0.0yrs
  • Calvin Yau

    VP of Finance & CFO

    • Tenure: 0.7yrs
  • Sony Gill

    Corporate Secretary

    • Tenure: 0.7yrs

Board Members

  • Andrew McCreath

    Director & Committee Member

    • Tenure: 0.7yrs
  • Ian Atkinson

    President

    • Tenure: 0.7yrs
  • R. Smith

    Director

    • Tenure: 0.7yrs
  • Bruce Beynon

    Chairman

    • Tenure: 0.6yrs
  • Michael Kohut

    Director

    • Tenure: 0.7yrs
  • Tamara MacDonald

    Director

    • Tenure: 0.7yrs
  • C. Smith

    Director

    • Tenure: 0.7yrs

Company Information

Southern Energy Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Southern Energy Corp.
  • Ticker: MAXM.F
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$12.307m
  • Listing Market Cap: CA$9.252m
  • Shares outstanding: 223.77m
  • Website: https://southernenergy.ca

Number of Employees


Location

  • Southern Energy Corp.
  • 333 – 7th Avenue S.W.
  • Suite 2400
  • Calgary
  • Alberta
  • T2P 2Z1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SOUTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2009
0M11DB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2009
MAXM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2009

Biography

Southern Energy Corp. engages in the exploration, development, and production of petroleum and natural gas in Canada. Its principal properties consist of the Black Warrior Basin Assets covering an area of  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/26 00:24
End of Day Share Price2019/08/09 00:00
Earnings2019/03/31
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.