OTCPK:ORXG.F

Stock Analysis Report

Orca Exploration Group

Executive Summary

Orca Exploration Group Inc. explores for, develops, produces, and sells petroleum and natural gas to the power and industrial sectors in Tanzania.

Snowflake

Fundamentals

Proven track record with adequate balance sheet.

Risks

  • Orca Exploration Group is not covered by any analysts.

Share Price & News

How has Orca Exploration Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.1%

OTCPK:ORXG.F

-2.0%

US Oil and Gas

-1.6%

US Market


1 Year Return

10.2%

OTCPK:ORXG.F

-26.0%

US Oil and Gas

-3.0%

US Market

ORXG.F outperformed the Oil and Gas industry which returned -26% over the past year.

ORXG.F outperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

ORXG.FIndustryMarket
7 Day5.1%-2.0%-1.6%
30 Day8.5%-10.8%-5.7%
90 Dayn/a-10.6%0.2%
1 Year12.4%10.2%-23.3%-26.0%-0.8%-3.0%
3 Year103.1%81.6%-9.5%-17.6%38.1%29.1%
5 Year72.9%54.6%-34.8%-43.8%50.8%34.1%

Price Volatility Vs. Market

How volatile is Orca Exploration Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Orca Exploration Group undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Orca Exploration Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

Orca Exploration Group's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Orca Exploration Group is overvalued based on earnings compared to the US Oil and Gas industry average.

Orca Exploration Group is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Orca Exploration Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Orca Exploration Group is overvalued based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

How is Orca Exploration Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Orca Exploration Group is high growth as no revenue estimate data is available.

Orca Exploration Group's earnings are expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).

Unable to compare Orca Exploration Group's revenue growth to the United States of America market average as no estimate data is available.

Orca Exploration Group's earnings growth is positive but not above the United States of America market average.

Orca Exploration Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Orca Exploration Group performed over the past 5 years?

59.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Orca Exploration Group has delivered over 20% year on year earnings growth in the past 5 years.

Orca Exploration Group's 1-year earnings growth exceeds its 5-year average (370.9% vs 59.2%)

Orca Exploration Group's earnings growth has exceeded the US Oil and Gas industry average in the past year (370.9% vs 22.6%).


Return on Equity

Orca Exploration Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Orca Exploration Group used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

Orca Exploration Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Orca Exploration Group's financial position?


Financial Position Analysis

Orca Exploration Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Orca Exploration Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Orca Exploration Group's level of debt (58.6%) compared to net worth is high (greater than 40%).

Unable to establish if Orca Exploration Group's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (62.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.8x debt.


Next Steps

Dividend

What is Orca Exploration Group's current dividend yield, its reliability and sustainability?

3.55%

Current Dividend Yield


Dividend Yield and Payments Analysis

Orca Exploration Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Orca Exploration Group's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

It is too early to tell whether Orca Exploration Group has stable dividend payments.

Orca Exploration Group only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5x coverage).


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 Orca Exploration Group's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Nigel Friend 0

0.8yrs

Tenure

US$400,002

Compensation

Mr. Nigel A. Friend has been Chief Executive Officer of Orca Exploration Group Inc. since November 1, 2018 and has been its Director since January 22, 2019. He serves as Commercial and Financial Director o ...


CEO Compensation Analysis

Nigel's remuneration is lower than average for companies of similar size in United States of America.

Nigel's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.8yrs

Average Tenure

The tenure for the Orca Exploration Group management team is about average.


Board Age and Tenure

2.4yrs

Average Tenure

65.5yo

Average Age

The average tenure for the Orca Exploration Group board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Orca Exploration Group individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$18,38821 Jun 19
Blaine Karst
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares4,000
Max PriceUS$4.62
BuyUS$37,16609 Jun 19
Glenn Gradeen
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares8,500
Max PriceUS$4.37
BuyUS$19,74729 May 19
Blaine Karst
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares5,000
Max PriceUS$4.01
BuyUS$16,92324 May 19
Blaine Karst
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares4,300
Max PriceUS$3.94
BuyUS$22,72823 May 19
Blaine Karst
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares5,700
Max PriceUS$3.99
BuyUS$24,33829 Apr 19
Blaine Karst
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares6,000
Max PriceUS$4.90
SellUS$10,984,49427 Sep 18
Milfam LLC
EntityCompany
Shares2,700,000
Max PriceUS$4.07
SellUS$20,62825 Sep 18
Milfam LLC
EntityCompany
Shares4,600
Max PriceUS$4.48
SellUS$15,26524 Sep 18
Milfam LLC
EntityCompany
Shares3,400
Max PriceUS$4.49
SellUS$1,36321 Sep 18
Milfam LLC
EntityCompany
Shares300
Max PriceUS$4.54
SellUS$5,89019 Sep 18
Milfam LLC
EntityCompany
Shares1,300
Max PriceUS$4.53
SellUS$44,57717 Sep 18
Milfam LLC
EntityCompany
Shares10,100
Max PriceUS$4.41
SellUS$25,64614 Sep 18
Milfam LLC
EntityCompany
Shares5,800
Max PriceUS$4.42
SellUS$85,07713 Sep 18
Milfam LLC
EntityCompany
Shares19,100
Max PriceUS$4.45
SellUS$185,00212 Sep 18
Milfam LLC
EntityCompany
Shares41,000
Max PriceUS$4.51
SellUS$210,11411 Sep 18
Milfam LLC
EntityCompany
Shares46,800
Max PriceUS$4.49
SellUS$281,77510 Sep 18
Milfam LLC
EntityCompany
Shares64,500
Max PriceUS$4.37
SellUS$665,68107 Sep 18
Milfam LLC
EntityCompany
Shares153,000
Max PriceUS$4.35
SellUS$44006 Sep 18
Milfam LLC
EntityCompany
Shares100
Max PriceUS$4.40
SellUS$49,71530 Aug 18
Milfam LLC
EntityCompany
Shares11,100
Max PriceUS$4.48
SellUS$34,74029 Aug 18
Milfam LLC
EntityCompany
Shares7,700
Max PriceUS$4.53

Ownership Breakdown


Management Team

  • David Ross (78yo)

    Secretary & Director

    • Tenure: 12.8yrs
    • Compensation: US$150.00k
  • Nigel Friend

    CEO & Director

    • Tenure: 0.8yrs
    • Compensation: US$400.00k
  • Blaine Karst

    Chief Financial Officer

    • Tenure: 3.8yrs
    • Compensation: US$500.00k
  • Stephen Huckerby

    Group Financial Controller

    • Tenure: 3.6yrs
    • Compensation: US$379.10k
  • Michel Gotab

    Orca Project Development Officer

    • Tenure: 4.6yrs
    • Compensation: US$316.21k
  • Andy Hanna

    Corporate Services & HR Manager

    • Tenure: 0.0yrs
    • Compensation: US$488.44k

Board Members

  • David Ross (78yo)

    Secretary & Director

    • Tenure: 12.8yrs
    • Compensation: US$150.00k
  • Glenn Gradeen (65yo)

    Non-Executive Director

    • Tenure: 4.2yrs
    • Compensation: US$150.00k
  • Bill Smith (66yo)

    Non-Executive Director

    • Tenure: 7.2yrs
    • Compensation: US$150.00k
  • Nigel Friend

    CEO & Director

    • Tenure: 0.8yrs
    • Compensation: US$400.00k
  • Linda Beal (57yo)

    Director

    • Tenure: 0.3yrs
  • Jay Lyons

    Director

    • Tenure: 0.3yrs

Company Information

Orca Exploration Group Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Orca Exploration Group Inc.
  • Ticker: ORXG.F
  • Exchange: OTCPK
  • Founded: 2004
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$234.959m
  • Listing Market Cap: CA$176.633m
  • Shares outstanding: 35.24m
  • Website: https://www.orcaexploration.com

Number of Employees


Location

  • Orca Exploration Group Inc.
  • Oyster Plaza Building
  • 5th Floor
  • Dar es Salaam
  • Tanzania

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ORC.ATSXV (TSX Venture Exchange)Class A SharesCACADAug 2004
ORC.BTSXV (TSX Venture Exchange)YesClass B SharesCACADAug 2004
ORXG.FOTCPK (Pink Sheets LLC)YesClass B SharesUSUSDAug 2004
E9NBBST (Boerse-Stuttgart)YesClass B SharesDEEURAug 2004

Biography

Orca Exploration Group Inc. explores for, develops, produces, and sells petroleum and natural gas to the power and industrial sectors in Tanzania. The company principally holds interests in the Songo Songo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 00:25
End of Day Share Price2019/08/23 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.