Jericho Oil Corp Stock Today

JEV Stock  CAD 0.17  0.01  6.25%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 63

 
High
 
Low
Quite High
Jericho Oil is selling for under 0.17 as of the 27th of July 2024; that is 6.25% increase since the beginning of the trading day. The stock's lowest day price was 0.17. Jericho Oil has more than 63 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading 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 28th of April 2024 and ending today, the 27th of July 2024. Click here to learn more.
Business Domain
Energy
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 7.52 K shares are currently shorted by private and institutional investors with about 0.35 days to cover all short positions. More on Jericho Oil Corp

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.
Debt Levels
Jericho Oil can leverage 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.
Liquidity
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. Jericho Oil Corp 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

(48,429.2)
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 44.08 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 7.52 K shares are currently shorted by private and institutional investors with about 0.35 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

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

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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

Additional Tools for Jericho Stock Analysis

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.