Cgx Energy Stock Today

OYL Stock  CAD 0.24  0.01  4.35%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 84

 
High
 
Low
Very High
CGX Energy is selling for under 0.24 as of the 27th of July 2024; that is 4.35% up since the beginning of the trading day. The stock's lowest day price was 0.23. CGX Energy has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for CGX Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of June 2024 and ending today, the 27th of July 2024. Click here to learn more.
Business Domain
Energy
CGX Energy Inc., an oil and gas exploration company, explores and evaluates petroleum and natural gas properties in Guyana, South America. The company was founded in 1998 and is headquartered in Toronto, Canada. CGX ENERGY operates under Oil Gas EP classification in Canada and is traded on TSX Venture Exchange.. The company has 338.55 M outstanding shares of which 32.65 K shares are now shorted by private and institutional investors with about 0.79 days to cover all short positions. More on CGX Energy

Moving against CGX Stock

  0.83ENS-PA E Split CorpPairCorr
  0.75ENB-PFV Enbridge Pref 5 Earnings Call This WeekPairCorr
  0.55ENB-PFU Enbridge Pref L Earnings Call This WeekPairCorr
  0.52CCL-A CCL IndustriesPairCorr

CGX 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. CGX Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CGX Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Executive CoChairmanSuresh MSc
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
CGX Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CGX Energy'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
CGX Energy 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 CGX Energy's financial leverage. It provides some insight into what part of CGX Energy's total assets is financed by creditors.
Liquidity
CGX Energy 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. CGX Energy has accumulated 27.67 M in total debt with debt to equity ratio (D/E) of 76.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. CGX Energy has a current ratio of 1.01, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist CGX Energy until it has trouble settling it off, either with new capital or with free cash flow. So, CGX Energy'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 CGX Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CGX to invest in growth at high rates of return. When we think about CGX Energy's use of debt, we should always consider it together with cash and equity.

Net Income

(2.33 Million)
CGX Energy (OYL) is traded on TSX Venture Exchange in Canada and employs 10 people. CGX Energy 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 79.56 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CGX Energy's market, we take the total number of its shares issued and multiply it by CGX Energy'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. CGX Energy classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 338.55 M outstanding shares of which 32.65 K shares are now shorted by private and institutional investors with about 0.79 days to cover all short positions. CGX Energy has accumulated about 22.57 M in cash with (7.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check CGX Energy Probability Of Bankruptcy
Ownership Allocation
CGX Energy retains a total of 338.55 Million outstanding shares. CGX Energy shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 90.12 percent of CGX Energy outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check CGX Ownership Details

CGX Energy Risk Profiles

Although CGX Energy's alpha and beta are two of the key measurements used to evaluate CGX Energy's performance over the market, the standard measures of volatility play an important role as well.

CGX Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in CGX Energy 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.

Did you try this?

Run Fundamentals Comparison Now

   

Fundamentals Comparison

Compare fundamentals across multiple equities to find investing opportunities
All  Next Launch Module

CGX Energy Corporate Management

Elected by the shareholders, the CGX Energy's board of directors comprises two types of representatives: CGX Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CGX. The board's role is to monitor CGX Energy's management team and ensure that shareholders' interests are well served. CGX Energy'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, CGX Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kevin LacyDrilling DirectorProfile
Julio ColmenaresDirector ExplorationProfile
Tarachandra KhelawanCountry GuyanaProfile
Todd DurkeeVice DevelopmentProfile
German ForeroGeoscience MangProfile
Paul LangloisExploration MangProfile
Michael StockingerVice OperationsProfile

Additional Tools for CGX Stock Analysis

When running CGX Energy's price analysis, check to measure CGX Energy'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 CGX Energy is operating at the current time. Most of CGX Energy's value examination focuses on studying past and present price action to predict the probability of CGX Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CGX Energy's price. Additionally, you may evaluate how the addition of CGX Energy to your portfolios can decrease your overall portfolio volatility.