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Virginia Energy Resources

OTCPK:VEGY.F
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VEGY.F
OTCPK
CA$5M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Virginia Energy Resources Inc., a resource company, focuses on the exploration and development of uranium deposits in Virginia, the United States. The last earnings update was 50 days ago. More info.


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  • Virginia Energy Resources has significant price volatility in the past 3 months.
VEGY.F Share Price and Events
7 Day Returns
-3.4%
OTCPK:VEGY.F
0.7%
US Oil and Gas
1.1%
US Market
1 Year Returns
-55.2%
OTCPK:VEGY.F
-15.6%
US Oil and Gas
4.7%
US Market
VEGY.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Virginia Energy Resources (VEGY.F) -3.4% -42.6% -50.8% -55.2% 119.2% 15.9%
US Oil and Gas 0.7% 5% -6.1% -15.6% -5.7% -36.6%
US Market 1.1% 4.3% 2.9% 4.7% 37.7% 43.6%
1 Year Return vs Industry and Market
  • VEGY.F underperformed the Oil and Gas industry which returned -15.6% over the past year.
  • VEGY.F underperformed the Market in United States of America which returned 4.7% over the past year.
Price Volatility
VEGY.F
Industry
5yr Volatility vs Market

Value

 Is Virginia Energy Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Virginia Energy Resources. This is due to cash flow or dividend data being unavailable. The share price is $0.0765.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Virginia Energy Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Virginia Energy Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:VEGY.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.01
TSXV:VUI Share Price ** TSXV (2019-07-16) in CAD CA$0.1
TSXV:VUI Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.767 $0.07
United States of America Oil and Gas Industry PE Ratio Median Figure of 101 Publicly-Listed Oil and Gas Companies 13.07x
United States of America Market PE Ratio Median Figure of 3,084 Publicly-Listed Companies 17.98x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Virginia Energy Resources.

OTCPK:VEGY.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:VUI Share Price ÷ EPS (both in USD)

= 0.07 ÷ -0.01

-7.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Virginia Energy Resources is loss making, we can't compare its value to the US Oil and Gas industry average.
  • Virginia Energy Resources is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Virginia Energy Resources's expected growth come at a high price?
Raw Data
OTCPK:VEGY.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Oil and Gas Industry PEG Ratio Median Figure of 79 Publicly-Listed Oil and Gas Companies 0.43x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Virginia Energy Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Virginia Energy Resources's assets?
Raw Data
OTCPK:VEGY.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.41
TSXV:VUI Share Price * TSXV (2019-07-16) in CAD CA$0.1
TSXV:VUI Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.767 $0.07
United States of America Oil and Gas Industry PB Ratio Median Figure of 196 Publicly-Listed Oil and Gas Companies 1.07x
United States of America Market PB Ratio Median Figure of 5,240 Publicly-Listed Companies 1.81x
OTCPK:VEGY.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:VUI Share Price ÷ Book Value per Share (both in USD)

= 0.07 ÷ 0.41

0.18x

* Primary Listing of Virginia Energy Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Virginia Energy Resources is good value based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Virginia Energy Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Virginia Energy Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Virginia Energy Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Virginia Energy Resources 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.9%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Virginia Energy Resources expected to grow at an attractive rate?
  • Unable to compare Virginia Energy Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Virginia Energy Resources's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Virginia Energy Resources's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:VEGY.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:VEGY.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:VEGY.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 -1 -1
2018-12-31 -1 -1
2018-09-30 0 -1
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -1 -1
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -1 -1
2016-09-30 0 -1
2016-06-30 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Virginia Energy Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Virginia Energy Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:VEGY.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Virginia Energy Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:VEGY.F Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Virginia Energy Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Virginia Energy Resources'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.
  2. Virginia Energy Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. 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 Virginia Energy Resources's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Virginia Energy Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Virginia Energy Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Virginia Energy Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Virginia Energy Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Virginia Energy Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Virginia Energy Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Virginia Energy Resources's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Virginia Energy Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Virginia Energy Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:VEGY.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 -0.54 0.55
2018-12-31 -0.59 0.58
2018-09-30 -0.61 0.61
2018-06-30 -1.03 1.05
2018-03-31 -1.20 1.23
2017-12-31 -1.27 1.36
2017-09-30 -1.20 1.35
2017-06-30 -0.67 0.84
2017-03-31 -0.57 0.73
2016-12-31 -0.56 0.73
2016-09-30 -0.54 0.66
2016-06-30 -0.81 0.83
2016-03-31 -0.71 0.86
2015-12-31 2.63 0.82
2015-09-30 2.21 0.90
2015-06-30 2.38 0.93
2015-03-31 2.16 0.99
2014-12-31 -1.22 1.24
2014-09-30 -1.29 1.77
2014-06-30 -2.11 2.53
2014-03-31 -3.50 3.88
2013-12-31 -8.46 4.98
2013-09-30 -9.35 5.70
2012-12-31 -7.57 1.52
2012-09-30 -6.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Virginia Energy Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Virginia Energy Resources has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Virginia Energy Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Virginia Energy Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Virginia Energy Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Virginia Energy Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Virginia Energy Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Virginia Energy Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Virginia Energy Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Virginia Energy Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Virginia Energy Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Virginia Energy Resources Company Filings, last reported 3 months ago.

OTCPK:VEGY.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 23.32 0.00 0.11
2018-12-31 23.35 0.00 0.17
2018-09-30 23.60 0.00 0.41
2018-06-30 23.75 0.00 0.56
2018-03-31 23.86 0.00 0.64
2017-12-31 23.94 0.00 0.78
2017-09-30 24.15 0.00 0.88
2017-06-30 24.45 0.00 1.19
2017-03-31 24.73 0.00 1.49
2016-12-31 24.88 0.00 1.63
2016-09-30 25.08 0.00 0.95
2016-06-30 25.12 0.00 1.04
2016-03-31 25.30 0.00 1.31
2015-12-31 25.44 0.00 1.28
2015-09-30 25.62 0.00 1.52
2015-06-30 25.93 0.00 1.56
2015-03-31 26.01 0.00 1.69
2014-12-31 22.82 3.59 2.15
2014-09-30 22.86 3.87 2.45
2014-06-30 23.27 3.85 2.86
2014-03-31 23.54 3.83 3.15
2013-12-31 23.20 3.81 2.88
2013-09-30 24.46 4.04 4.58
2012-12-31 22.35 4.69 0.48
2012-09-30 23.50 3.83 1.55
  • Virginia Energy Resources has no debt.
  • Virginia Energy Resources has no debt compared to 5 years ago when it was 16.3%.
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.

  • Virginia Energy Resources has less than a year of cash runway based on current free cash flow.
  • Virginia Energy Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.1% each year.
X
Financial health checks
We assess Virginia Energy Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Virginia Energy Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Virginia Energy Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Virginia Energy Resources dividends.
If you bought $2,000 of Virginia Energy Resources shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Virginia Energy Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Virginia Energy Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:VEGY.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 67 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Virginia Energy Resources has not reported any payouts.
  • Unable to verify if Virginia Energy Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Virginia Energy Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Virginia Energy Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Virginia Energy Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Virginia Energy Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Virginia Energy Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Virginia Energy Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Walter Coles
COMPENSATION $240,500
AGE 81
CEO Bio

Mr. Walter Coles, Sr. has been Vice President of Corporate Development at Eros Resources Corp. since July 31, 2015. Mr. Coles serves as the Chairman, Chief Executive Officer and President at Virginia Uranium, Inc. He is a Owner and Operator of a cattle and grain business on the Coles Hill Property. He serves as the Chairman, Chief Executive Officer and President of Virginia Energy Resources Inc. He served as Chief Industrial Engineer for the Lane Furniture Company, where he began his career in 1961. He served as an officer in the U.S. Army for two tours in Vietnam in 1966. Mr. Coles has 30 year career in the U.S. Foreign Service as an Economic Development Officer where he managed U.S. foreign assistance activities, including served as the key architect for U.S. policy initiatives on privatization and land reform implementation in countries that comprised the former Soviet Union. Mr. Coles serves as an international consultant in privatization and land reform issues. He served as the Chief Executive Officer and President of Anthem Resources Incorporated. He was an Equity Analyst at UBS Investment Bank, Research Division. He previously worked as an equity and high yield bond analyst for New York-based Cadence Investment Partners, LLC and as a Research Analyst for UBS Investment Bank. He serves as Chairman of Holdco. He served as the Chairman and Director of Anthem Resources Incorporated since July 21, 2009. He has been a Director of Holdco since January 2007 and Virginia Energy Resources Inc. since July 21, 2009. He serves as a Director of Nickel North Exploration Corp. and Masuparia Gold Corporation. Mr. Coles is a licensed commercial pilot. He holds a Bachelors degree from The Citadel, The Military College of South Carolina. He holds a BA in Economics from the University of Richmond.

CEO Compensation
  • Walter's compensation has increased whilst company is loss making.
  • Walter's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Walter Coles

TITLE
Chairman
COMPENSATION
$241K
AGE
81

Neal Keesee

TITLE
Corporate Secretary & Director
COMPENSATION
$94K

Walt Coles

TITLE
Executive Vice President of Corporate Development
AGE
47

Joseph Kiely

TITLE
Chief Financial Officer of Holdco and Opco

Tony Perri

TITLE
Investor Relations Manager
Board of Directors Tenure

Average tenure of the Virginia Energy Resources board of directors in years:

4.4
Average Tenure
  • The tenure for the Virginia Energy Resources board of directors is about average.
Board of Directors

Walter Coles

TITLE
Chairman
COMPENSATION
$241K
AGE
81
TENURE
6.8 yrs

Neal Keesee

TITLE
Corporate Secretary & Director
COMPENSATION
$94K
TENURE
6.8 yrs

Joseph Kiely

TITLE
Chief Financial Officer of Holdco and Opco
TENURE
1.9 yrs

Joe Kiely

TITLE
Director
COMPENSATION
$93K
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
08. Jul 19 Sell Sprott Resource Holdings Inc. Company 03. Jul 19 05. Jul 19 -1,181,000 $0.07 $-86,174
05. Jul 19 Sell Sprott Resource Holdings Inc. Company 02. Jul 19 02. Jul 19 -107,000 $0.08 $-8,181
02. Jul 19 Sell Sprott Resource Holdings Inc. Company 27. Jun 19 28. Jun 19 -853,315 $0.07 $-62,290
30. Jun 19 Sell Sprott Resource Holdings Inc. Company 26. Jun 19 26. Jun 19 -126,000 $0.07 $-8,429
28. Jun 19 Sell Sprott Resource Holdings Inc. Company 24. Jun 19 25. Jun 19 -201,000 $0.09 $-16,148
26. Jun 19 Sell Sprott Resource Holdings Inc. Company 21. Jun 19 21. Jun 19 -428,500 $0.09 $-40,242
21. Jun 19 Sell Sprott Resource Holdings Inc. Company 18. Jun 19 20. Jun 19 -1,301,000 $0.10 $-121,277
X
Management checks
We assess Virginia Energy Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Virginia Energy Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Virginia Energy Resources Inc., a resource company, focuses on the exploration and development of uranium deposits in Virginia, the United States. The company owns a 100% interest in the Coles Hill deposit located in southern Virginia. Is also holds interests in the Marline, Holmes, Timberland, Martin, and Jackson properties situated in Pittsylvania County. The company was formerly known as Virginia Uranium Ltd. Virginia Energy Resources Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Details
Name: Virginia Energy Resources Inc.
VEGY.F
Exchange: OTCPK
Founded: 2007
CA$4,168,960
57,230,614
Website: http://www.virginiaenergyresources.com
Address: Virginia Energy Resources Inc.
1021 West Hastings Street,
Suite 650,
Vancouver,
British Columbia, V6E 0C3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV VUI Common Stock TSX Venture Exchange CA CAD 28. Sep 2012
OTCPK VEGY.F Common Stock Pink Sheets LLC US USD 28. Sep 2012
Number of employees
Current staff
Staff numbers
0
Virginia Energy Resources employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 00:35
End of day share price update: 2019/07/16 00:00
Last earnings filing: 2019/05/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.