Calima Energy (OTCPK:CLME.F) - Stock Price, News & Analysis

CLME.F Stock Overview

Calima Energy Limited, a production-focused energy company, explores for and develops oil and natural gas assets in the Western Canadian Sedimentary Basin.

About the company

CLME.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 81.2% below our estimate of its fair value

Risk Analysis

Makes less than USD$1m in revenue (A$1M)

Shares are highly illiquid

Earnings have declined by 1.8% per year over past 5 years

Shareholders have been diluted in the past year

+ 1 more risk

Calima Energy Limited Competitors

PermRock Royalty Trust

NYSE:PRT

US$49.3m

Permianville Royalty Trust

NYSE:PVL

US$54.8m

Indonesia Energy

NYSEAM:INDO

US$42.0m

BP Prudhoe Bay Royalty Trust

NYSE:BPT

US$48.2m

Price History & Performance

Summary of all time highs, changes and price drops for Calima Energy
Historical stock prices
Current Share Price	AU$0.08
52 Week High	AU$0.16
52 Week Low	AU$0.015
Beta	1.8
1 Month Change	0%
3 Month Change	23.08%
1 Year Change	0.25%
3 Year Change	n/a
5 Year Change	128.57%
Change since IPO	-95.77%

Recent updates

Shareholder Returns

	CLME.F	US Oil and Gas	US Market
7D	0%	3.1%	1.0%
1Y	0.3%	16.0%	21.9%

Return vs Industry: CLME.F underperformed the US Oil and Gas industry which returned 16.2% over the past year.

Return vs Market: CLME.F underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is CLME.F's price volatile compared to industry and market?
CLME.F volatility
CLME.F Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	4.5%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.0%

Stable Share Price: CLME.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine CLME.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2005	n/a	Karl DeMong	www.calimaenergy.com

Calima Energy Limited, a production-focused energy company, explores for and develops oil and natural gas assets in the Western Canadian Sedimentary Basin. The company develops oil and natural gas plays at Brooks and Thorsby in southern and central Alberta. It also owns an undeveloped Montney acreage position in northeastern British Columbia.

Calima Energy Limited Fundamentals Summary

How do Calima Energy's earnings and revenue compare to its market cap?
CLME.F fundamental statistics
Market cap	US$50.54m
Earnings (TTM)	-US$1.80m
Revenue (TTM)	US$685.52k

73.7x

P/S Ratio

-28.0x

P/E Ratio

Is CLME.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CLME.F income statement (TTM)
Revenue	AU$1.05m
Cost of Revenue	AU$300.00k
Gross Profit	AU$752.00k
Other Expenses	AU$3.52m
Earnings	-AU$2.77m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0044
Gross Margin	71.48%
Net Profit Margin	-263.21%
Debt/Equity Ratio	0%

How did CLME.F perform over the long term?

See historical performance and comparison

CLME.F Stock Overview

Rewards

Risk Analysis

Calima Energy Limited Competitors

NYSE:PRT

US$49.3m

NYSE:PVL

US$54.8m

NYSEAM:INDO

US$42.0m

NYSE:BPT

US$48.2m

Price History & Performance

Recent News & Updates

Calima Energy Limited, Annual General Meeting, May 24, 2024

Astara Energy Corp. completed the acquisition of Blackspur Oil Corp. from Calima Energy Limited (ASX:CE1).

Astara Energy Corp. entered into an agreement to acquire 100% stake in Blackspur Oil Corp. from Calima Energy Limited (ASX:CE1) for a cash consideration of CAD 75 million prior to customary completion adjustments for net debt.

Advantage Energy Ltd. (TSX:AAV) acquired Tommy Lakes facilities and Montney acreage from Calima Energy Limited (ASX:CE1) for AUD 11.8 million.

Advantage Energy Ltd. (TSX:AAV) acquired Tommy Lakes facilities and Montney acreage from Calima Energy Limited (ASX:CE1) for AUD 11.8 million.

Calima Energy Limited Provides Production Guidance for the Full Year 2023

Recent updates

Calima Energy Limited, Annual General Meeting, May 24, 2024

Astara Energy Corp. completed the acquisition of Blackspur Oil Corp. from Calima Energy Limited (ASX:CE1).

Astara Energy Corp. entered into an agreement to acquire 100% stake in Blackspur Oil Corp. from Calima Energy Limited (ASX:CE1) for a cash consideration of CAD 75 million prior to customary completion adjustments for net debt.

Advantage Energy Ltd. (TSX:AAV) acquired Tommy Lakes facilities and Montney acreage from Calima Energy Limited (ASX:CE1) for AUD 11.8 million.

Advantage Energy Ltd. (TSX:AAV) acquired Tommy Lakes facilities and Montney acreage from Calima Energy Limited (ASX:CE1) for AUD 11.8 million.

Calima Energy Limited Provides Production Guidance for the Full Year 2023

Calima Energy Limited Provides Preliminary Results on the Calima #2 and Calima #3 Test Program

Calima Energy Limited Announces Montney Test Program Update

Calima Energy Limited Announces Liquid Rich Montney Test Program to Commence

Calima Energy Limited Announces Pisces #6 & #7 Wells Complete and Tie in and Are Both on Production

Calima Energy Limited Confirm That Its Five Well (4.5 Net) Drilling Campaign At Brooks Is Nearing Completion

Calima Energy Limited Commences 5 Well drilling Program At Brooks

Calima Energy Limited Commences 5 Well Driling Program At Brooks

Calima Energy Limited Appoints Jerry Lam as New Chief Financial Officer

Calima Energy Limited Confirms Q2/Q3 Drilling and Completion Operations Update

Calima Energy Limited Announces 4 Well Drill Program and Renewed Credit Facility

Calima Energy Limited Intends to Commence a Half Yearly Dividend Program, Beginning the Second Half of 2022

Calima Energy Limited Provides Production and Revenue Guidance for the Nine Months Period Ending September 30, 2022

Calima Energy Limited, Annual General Meeting, May 31, 2022

Calima Energy Limited Announces Board Changes

Calima Energy Limited Reports Brooks Pisces 3 Fracture Stimulation Completed

Calima Energy Limited Provides Production Update

Calima Energy Announces Drilling Update

Calima Energy Provides Drilling Update

Calima Energy Limited Announces the Continuation of Its 2022 Oil and Gas Drilling Campaign in the Brooks Area, by the Addition of Two Sunburst Horizontal Wells

Calima Energy Limited Confirms That the Pisces #3 Glauconitic Well At Brooks Has Reached Td and the Rig Has Been Released

Calima Energy Limited Announces Commencement of its Initial 2022 Oil and Gas Drilling Campaign in Brooks Area

Calima Energy Announces Commencement of 2 Well Horizontal Glauconitic Drilling Campaign at its Core Brooks Area

Calima Energy Limited Announces Thorsby Drilling Update Leo 3 Finished Drilling

Calima Energy Limited Announces Thorsby Drilling Update Leo 2 to Be Spudded

Calima Energy Limited Provides Update on Thorsby Sparky 3 Well Drilling

Calima Energy Limited Announces Multi Well Brooks Sunburst Drilling Campaign Update

Calima Energy Limited Announces Drilling Update Gemini 1 & 2 Sunburst Brooks

Calima Energy Limited Revises Production Guidance for the Eight Months to Year End December 2021

Calima Energy Limited Commences 3 Well Sunburst Drilling Campaign

Calima Energy Limited Provides Production Guidance for the Current Year 2021

Calima Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 47.980482 million.

Calima Energy Limited announced that it has received AUD 38 million in funding

Calima Energy Limited announced that it expects to receive AUD 38 million in funding

Calima Energy Limited (ASX:CE1) entered into a binding agreement to acquire Blackspur Oil Corp. for CAD 64.5 million.

Canadian Energy Limited Midstream Sector Continued Corp Actions

Calima Energy Limited Announces Resignation of Neil Hackett as Board of Director

Calima Energy Limited (ASX:CE1) completed the acquisition of Compression facilities, associated pipelines and infrastructure from Enerplus Corporation (TSX:ERF) for AUD 0.75 million.

Shareholder Returns

Price Volatility

About the Company

Calima Energy Limited Fundamentals Summary

73.7x

-28.0x

Earnings & Revenue