PetroShare Corp., an oil and gas company, engages in the investigation, acquisition, and development of crude oil and natural gas properties in the Rocky Mountain or mid-continent region of the United States.
The last earnings update was 10 days ago.
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
In this section, we usually try to help investors determine whether PetroShare is trading at an attractive price based on the cash flow it is expected to produce in the future. But as PetroShare has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
PetroShare. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
PetroShare's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 PetroShare 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
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
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare PetroShare's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare PetroShare's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare PetroShare's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if PetroShare is high growth as no earnings estimate data is available.
Unable to determine if PetroShare 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.
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 PetroShare's filings and announcements here.
PetroShare's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
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.
TENURE AS CEO
Mr. Stephen J. Foley, also known as Steve, has been the Chief Executive Officer at PetroShare Corp. since 2012. Mr. Foley served as Principal Financial Officer and Principal Accounting Officer of PetroShare Corp. until January 1, 2016. Prior to entering private business, he had a successful pro football career as a safety with Denver Broncos football organization of the National Football League where he played for 11 seasons, from 1976 to 1986. In 1991, he founded and serves as the President of FSI Development Inc. In 2000, he founded and serves as a Manager of FS Land, LLC. He has been a Director of PetroShare Corp., since November 2012. Mr. Foley holds a BS in Business Administration from Tulane University and serves on the Board of Denver Street Schools.
Steve's compensation has been consistent with company performance over the past year, both up more than 20%.
Steve's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the PetroShare management team is about average.
CEO & Director
Chief Financial Officer
Chief Operating Officer
Executive Vice President of Land
Executive Vice President of Capital Markets & Investor Relations
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the PetroShare board of directors is about average.
PetroShare Corp., an oil and gas company, engages in the investigation, acquisition, and development of crude oil and natural gas properties in the Rocky Mountain or mid-continent region of the United States. The company holds interest in 9,770 net acres of oil and gas properties. As of December 31, 2017, it had an estimated total proved reserves of 7,844.9 thousand barrels of crude oil equivalent, which consist of 3,024.1 thousand barrels of crude oil; 15,419.3 thousand cubic feet of natural gas; and 2,250.9 thousand barrels of natural gas liquids. The company was founded in 2012 and is based in Englewood, Colorado.
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