OTCPK:PTCO

Stock Analysis Report

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Executive Summary

PetroGas Company engages in the exploration and production of oil and natural gas.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

107.5%

PTCO

0.7%

US Oil and Gas

2.8%

US Market


1 Year Return

742.9%

PTCO

-33.6%

US Oil and Gas

9.3%

US Market

Return vs Industry: PTCO exceeded the US Oil and Gas industry which returned -33.4% over the past year.

Return vs Market: PTCO exceeded the US Market which returned 9.9% over the past year.


Shareholder returns

PTCOIndustryMarket
7 Day107.5%0.7%2.8%
30 Day193.3%6.6%8.9%
90 Dayn/a-13.9%-0.5%
1 Year742.9%742.9%-30.4%-33.6%11.8%9.3%
3 Year-99.8%-99.8%-29.7%-37.1%31.4%22.7%
5 Yearn/a-37.8%-47.6%58.7%40.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


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

  • Take a look at our analysis of PTCO’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.
  • 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 PetroGas regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

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

51.3%

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 PetroGas 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

  • Take a look at our analysis of PTCO’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.
  • 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 PetroGas's filings and announcements here.
  • Explore growth companies in the Energy industry.

Past Performance

How has PetroGas performed over the past 5 years?

26.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTCO is currently unprofitable.

Growing Profit Margin: PTCO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PTCO is unprofitable, but has reduced losses over the past 5 years at a rate of 26.2% per year.

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

Earnings vs Industry: PTCO is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.8%).


Return on Equity

High ROE: PTCO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is PetroGas's financial position?


Financial Position Analysis

Short Term Liabilities: PTCO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: PTCO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: PTCO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: PTCO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: PTCO has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PTCO has less than a year of cash runway if free cash flow continues to grow at historical rates of 25.3% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


CEO

PetroGas has no CEO, or we have no data on them.


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 substantially diluted in the past year, with total shares outstanding growing by 1070.6%.


Top Shareholders

Company Information

PetroGas Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PetroGas Company
  • Ticker: PTCO
  • Exchange: OTCPK
  • Founded: 2014
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$8.524m
  • Shares outstanding: 3.87m
  • Website: https://null

Location

  • PetroGas Company
  • 200 Post Oak Boulevard
  • Suite 4100
  • Houston
  • Texas
  • 77056
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PTCOOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2014

Biography

PetroGas Company engages in the exploration and production of oil and natural gas. It has 7 oil wells in the Burns and Rogers leases covering an area of 714 acres located in Frio and Atascosa counties, Texas. The company was formerly known as America Resources Exploration, Inc. and changed its name to PetroGas Company in January 2016. PetroGas Company was founded in 2014 and is based in Houston, Texas. PetroGas Company is a subsidiary of Rise Fast Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 05:12
End of Day Share Price2020/05/29 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.