OTCPK:PROP

Stock Analysis Report

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Executive Summary

Pledge Petroleum Corp. intends to produce renewable diesel fuel and biochar.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Pledge Petroleum's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PROP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-47.9%

PROP

-2.1%

US Oil and Gas

2.5%

US Market


1 Year Return

-90.4%

PROP

-36.0%

US Oil and Gas

15.9%

US Market

Return vs Industry: PROP underperformed the US Oil and Gas industry which returned -38.2% over the past year.

Return vs Market: PROP underperformed the US Market which returned 12.5% over the past year.


Shareholder returns

PROPIndustryMarket
7 Day-47.9%-2.1%2.5%
30 Day-28.6%-3.6%5.8%
90 Day78.6%-1.4%18.2%
1 Year-90.4%-90.4%-32.8%-36.0%18.4%15.9%
3 Yearn/a-34.3%-41.4%39.9%30.9%
5 Yearn/a-34.9%-45.2%72.9%54.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Pledge Petroleum undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Pledge Petroleum is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Pledge Petroleum 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.


Next Steps

  • Examine Pledge Petroleum's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Pledge Petroleum regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Pledge Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

54.0%

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 Pledge Petroleum 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.


Next Steps

Past Performance

How has Pledge Petroleum performed over the past 5 years?

31.8%

Historical Energy annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Pledge Petroleum has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • Examine Pledge Petroleum's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • 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 Pledge Petroleum's filings and announcements here.
  • Explore strong past performing companies in the Energy industry.

Financial Health

How is Pledge Petroleum's financial position?


In this section we usually analyse Pledge Petroleum's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Pledge Petroleum has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of PROP’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Pledge Petroleum's financial data was last updated here.
  • Explore more healthy companies in the Energy industry.

Dividend

What is Pledge Petroleum current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PROP'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 PROP'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?

2.4yrs

Average board tenure


CEO

Chris Headrick (56 yo)

1.67yrs

Tenure

US$68,333

Compensation

Mr. Christopher L. Headrick, also known as Chris, founded Americas Energy Company (formerly Trend Technology Corporation) in May 2008 and served as its Chief Executive Officer and President until January 2 ...


Board Members

NamePositionTenureCompensationOwnership
Christopher Headrick
CEO & Director1.67yrsUS$68.33k53.69%
$ 650.0k
John Zotos
Interim CFO7.42yrsUS$156.46k2.72%
$ 32.9k
John Huemoeller
Independent Chairman2.42yrsUS$93.33k4.13%
$ 50.0k

2.4yrs

Average Tenure

63yo

Average Age

Experienced Board: PROP's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Pledge Petroleum Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pledge Petroleum Corp.
  • Ticker: PROP
  • Exchange: OTCPK
  • Founded:
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: US$1.211m
  • Shares outstanding: 484.26m
  • Website: https://www.pledgepcorp.com

Number of Employees


Location

  • Pledge Petroleum Corp.
  • 576 South Foothills Plaza Drive
  • Suite 163
  • Maryville
  • Tennessee
  • 37801
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PROPOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2018

Biography

Pledge Petroleum Corp. intends to produce renewable diesel fuel and biochar. The company is based in Maryville, Tennessee.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 00:32
End of Day Share Price2020/08/03 00:00
Earnings2018/12/31
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.