OTCPK:TCEC

Stock Analysis Report

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Executive Summary

TransCoastal Corporation, an energy development company, engages in the acquisition, exploration, development, and production of oil and natural gas properties.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

TCEC

5.8%

US Oil and Gas

2.9%

US Market


1 Year Return

n/a

TCEC

-31.3%

US Oil and Gas

8.9%

US Market

Return vs Industry: Insufficient data to determine how TCEC performed against the US Oil and Gas industry.

Return vs Market: Insufficient data to determine how TCEC performed against the US Market.


Shareholder returns

TCECIndustryMarket
7 Day0%5.8%2.9%
30 Day0%9.8%10.6%
90 Day0%-2.6%5.1%
1 Yearn/a-28.2%-31.3%11.4%8.9%
3 Yearn/a-28.6%-35.8%34.3%25.4%
5 Year-50.0%-50.0%-37.3%-46.7%60.7%42.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether TransCoastal is trading at an attractive price based on the cash flow it is expected to produce in the future. But as TransCoastal 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 TCEC’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 TransCoastal regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

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

51.0%

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 TransCoastal 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 TCEC’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 TransCoastal's filings and announcements here.
  • Explore growth companies in the Energy industry.

Past Performance

How has TransCoastal 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, TransCoastal 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

Financial Health

How is TransCoastal's financial position?


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

Dividend

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


Dividend Yield vs Market

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

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

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

7.4yrs

Average board tenure


CEO

Stuart Hagler (55yo)

no data

Tenure

US$120,000

Compensation

Mr. Stuart G. Hagler founded TransCoastal Corporation (Formerly Claimsnet.com Inc.) in August 1998 and serves as its Chief Executive Officer, President, Principal Financial Officer and Principal Accounting ...


CEO Compensation Analysis

Compensation vs Market: Stuart's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD591.64K).

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


Board Members

NamePositionTenureCompensationOwnership
Stuart Hagler
Founderno dataUS$120.00kno data
David May
Founder7.42yrsUS$120.00kno data
W. Westmoreland
Founder7.42yrsUS$120.00kno data
Donald Crosbie
Chairman17.67yrsUS$30.00kno data

7.4yrs

Average Tenure

56yo

Average Age

Experienced Board: TCEC's board of directors are considered experienced (7.4 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

TransCoastal Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TransCoastal Corporation
  • Ticker: TCEC
  • Exchange: OTCPK
  • Founded: 1998
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$300.092k
  • Shares outstanding: 30.01m
  • Website: https://www.transcoastal.net

Number of Employees


Location

  • TransCoastal Corporation
  • 4975 Voyager Drive
  • Dallas
  • Texas
  • 75237
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TCECOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2013

Biography

TransCoastal Corporation, an energy development company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. It holds interests in approximately 100 acquired or divested wells; and 200 undeveloped locations covering an area of approximately 6000 acres of leased oil and gas property located primarily in the panhandle area of west Texas. The company was founded in 1998 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 Analysis2020/06/05 04:56
End of Day Share Price2020/03/26 00:00
Earnings2015/06/30
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.