OTCPK:SKPI

Stock Analysis Report

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Executive Summary

Sky Petroleum, Inc. acquires, explores, develops, and produces oil and natural gas properties of others under arrangements in which the company finances the costs in exchange for interests in the oil or natural gas revenue generated by the properties.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

SKPI

0.7%

US Oil and Gas

2.8%

US Market


1 Year Return

-69.7%

SKPI

-33.6%

US Oil and Gas

9.3%

US Market

Return vs Industry: SKPI underperformed the US Oil and Gas industry which returned -33.6% over the past year.

Return vs Market: SKPI underperformed the US Market which returned 9.3% over the past year.


Shareholder returns

SKPIIndustryMarket
7 Day0%0.7%2.8%
30 Day-37.5%6.6%8.9%
90 Dayn/a-13.9%-0.5%
1 Year-69.7%-69.7%-30.4%-33.6%11.8%9.3%
3 Year33.3%33.3%-29.7%-37.1%31.4%22.7%
5 Year-20.0%-20.0%-37.8%-47.6%58.7%40.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Sky 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 Sky Petroleum is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Sky 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

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

Future Growth

How is Sky Petroleum 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 Sky 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

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

Past Performance

How has Sky Petroleum performed over the past 5 years?

28.8%

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, Sky 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

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Sky Petroleum's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • 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 Sky Petroleum's filings and announcements here.
  • Explore strong past performing companies in the Energy industry.

Financial Health

How is Sky Petroleum's financial position?


In this section we usually analyse Sky 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. Sky 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 SKPI’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 Sky Petroleum's financial data was last updated here.
  • Explore more healthy companies in the Energy industry.

Dividend

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


Dividend Yield vs Market

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

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

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

7.8yrs

Average board tenure


CEO

Karim Jobanputra (54yo)

7.92yrs

Tenure

US$15,000

Compensation

Mr. Karim Jobanputra has been an Interim Principal Executive Officer and Interim Principal Accounting Officer at Sky Petroleum Inc. since July 27, 2012 and September 30, 2013 respectively and also serves a ...


CEO Compensation Analysis

Compensation vs Market: Karim's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD593.36K).

Compensation vs Earnings: Insufficient data to compare Karim's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Karim Jobanputra
Chairman7.92yrsUS$15.00kno data
David Anthony Jenkins
Member of Advisory Board6yrsno datano data
Mark Rachovides
Director7.83yrsUS$15.00kno data
Robert Curt
Director10.92yrsUS$15.00kno data
Peter Briger
Chairman of Advisory Board7.83yrsno datano data
Tor Suvelland
Member of Advisory Boardno datano datano data

7.8yrs

Average Tenure

62yo

Average Age

Experienced Board: SKPI's board of directors are considered experienced (7.8 years average tenure).


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 diluted in the past year, with total shares outstanding growing by 4.8%.


Top Shareholders

Company Information

Sky Petroleum, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sky Petroleum, Inc.
  • Ticker: SKPI
  • Exchange: OTCPK
  • Founded: 2002
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$1.739m
  • Shares outstanding: 86.96m
  • Website: https://www.skypetroleum.com

Location

  • Sky Petroleum, Inc.
  • 17330 Preston Road, Unit 200
  • Dallas
  • Texas
  • 75252
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SKPIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2003

Biography

Sky Petroleum, Inc. acquires, explores, develops, and produces oil and natural gas properties of others under arrangements in which the company finances the costs in exchange for interests in the oil or natural gas revenue generated by the properties. It has a production sharing contract with the Ministry of Economy, Trade and Energy of Albania for three exploration blocks, including Four, Five, and Dumre blocks in the Republic of Albania. The company was formerly known as Seaside Explorations, Inc. and changed its name to Sky Petroleum, Inc. in March 2005. Sky Petroleum, Inc. was founded in 2002 and is based in Dallas, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 03:45
End of Day Share Price2020/05/18 00:00
Earnings2014/12/31
Annual Earnings2014/12/31


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.