Jericho Oil Corp Stock Today

JEV Stock  CAD 0.18  0.01  5.26%   


0 of 100

Very Weak

Odds Of Distress

Over 67

Quite High
Jericho Oil is selling for under 0.18 as of the 27th of May 2024; that is -5.26 percent down since the beginning of the trading day. The stock's lowest day price was 0.18. Jericho Oil has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Jericho Oil Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2024 and ending today, the 27th of May 2024. Click here to learn more.
Business Domain
Jericho Energy Ventures Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas fields in the United States. Jericho Energy Ventures Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada. The company has 259.28 M outstanding shares of which 43.42 K shares are currently shorted by private and institutional investors with about 0.01 days to cover all short positions. More on Jericho Oil Corp

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Jericho Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Jericho Oil's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jericho Oil or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOBrian Williamson
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Jericho Oil's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Jericho Oil's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Jericho Oil's financial leverage. It provides some insight into what part of Jericho Oil's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Jericho Oil's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Jericho Oil deploys its capital and how much of that capital is borrowed.
Jericho Oil cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 30.24 K in total debt with debt to equity ratio (D/E) of 0.17, which may suggest the company is not taking enough advantage from borrowing. Jericho Oil Corp has a current ratio of 1.42, which is within standard range for the sector. Debt can assist Jericho Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Jericho Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jericho Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jericho to invest in growth at high rates of return. When we think about Jericho Oil's use of debt, we should always consider it together with cash and equity.

Change To Operating Activities

Jericho Oil Corp (JEV) is traded on TSX Venture Exchange in Canada and employs 8 people. Jericho Oil is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 46.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jericho Oil's market, we take the total number of its shares issued and multiply it by Jericho Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Jericho Oil Corp classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 259.28 M outstanding shares of which 43.42 K shares are currently shorted by private and institutional investors with about 0.01 days to cover all short positions. Jericho Oil Corp has accumulated about 1.66 M in cash with (3.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Jericho Oil Probability Of Bankruptcy
Ownership Allocation
Jericho Oil Corp has a total of 259.28 Million outstanding shares. Jericho Oil secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Jericho Ownership Details

Jericho Oil Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Jericho Oil market risk premium is the additional return an investor will receive from holding Jericho Oil long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Jericho Oil. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Jericho Oil's alpha and beta are two of the key measurements used to evaluate Jericho Oil's performance over the market, the standard measures of volatility play an important role as well.

Jericho Stock Against Markets

Picking the right benchmark for Jericho Oil stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Jericho Oil stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Jericho Oil is critical whether you are bullish or bearish towards Jericho Oil Corp at a given time. Please also check how Jericho Oil's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Jericho Oil without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Jericho Oil Corporate Management

Elected by the shareholders, the Jericho Oil's board of directors comprises two types of representatives: Jericho Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jericho. The board's role is to monitor Jericho Oil's management team and ensure that shareholders' interests are well served. Jericho Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Jericho Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ryan BreenHead StrategyProfile
Dean MorettonChief OfficerProfile
Robin PetersonChief OfficerProfile
Tony BlancatoDirector MarketingProfile
Ron HavemanVice GeologyProfile
Adam RabinerDirector RelationsProfile

How to buy Jericho Stock?

Before investing in Jericho Oil, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Jericho Oil. To buy Jericho Oil stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Jericho Oil. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Jericho Oil stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Jericho Oil Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Jericho Oil Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Jericho Oil Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Jericho Oil Corp?

The danger of trading Jericho Oil Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Jericho Oil is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Jericho Oil. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jericho Oil Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jericho Oil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Jericho Oil's price analysis, check to measure Jericho Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jericho Oil is operating at the current time. Most of Jericho Oil's value examination focuses on studying past and present price action to predict the probability of Jericho Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jericho Oil's price. Additionally, you may evaluate how the addition of Jericho Oil to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Jericho Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jericho Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jericho Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.