Maha Energy AB (publ) chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.67
Dividend & YieldN/Akr (N/A)
Beta 2.07
Market capitalization 1.46B
Operating cash flow 49.55M
ESG Scores unknown

Company description

Maha Energy AB (publ) engages in the exploration, development, and production of crude oil and natural gas. The company owns 75% working interest in the Tartaruga Block covering an area of 5,944 acres located in the Brazil; 99% working interest in the LAK Ranch property, which covers an area of 6,475 acres located in Wyoming, the United States; 100% working interest in the Tie Field project covering an area of 1,511 acres located in Brazil; 97% working interest in the Illinois Basin property that covers an area of 3,134 acres located in Illinois, the United States; and 100% working interest in the Block 70 (Mafraq) project covering an area of 157,900 acres in Oman. The company was founded in 2013 and is headquartered in Stockholm, Sweden.

Sector: Energy - Industry: Oil & Gas E&P

Financial Ratios
Quick Ratio1.21
Working Capital3.71
Return On Equity0.24
Debt To Equity0.48
Fixed Asset Ratio17.16
Fixed Interest Cover4.52

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -1.63M 812k 5.03M -74k
Total Cashflows From Investing Activities -15.76M -27.21M -33.58M -46.99M
Net Borrowings -214k -214k -450k 22.85M
Total Cash From Financing Activities 1.72M 1.41M 492k 35.95M
Change To Operating Activities 67k -569k -176k 195k
Issuance Of Stock 1.72M 1.63M 942k 18.23M
Net Income 25.64M 19.65M -10.26M 21.59M
Change In Cash 1.53M 2.19M -15.77M 18.85M
Effect Of Exchange Rate -2.78M -831k -1.67M -1.1M
Total Cash From Operating Activities 18.34M 28.82M 18.98M 31M
Depreciation 3.86M 5.79M 26.73M 8.66M
Change To Account Receivables -2.8M -619k 1.62M -2.9M
Other Cashflows From Financing Activities -5.13M -5.13M -5.13M -5.13M
Change To Netincome -7.04M 4.1M -3.96M 2.24M
Capital Expenditures -15.54M -28.33M -30.57M -46.98M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 15.1M 24.71M -13.75M 29.26M
Net Income 25.64M 19.65M -10.26M 21.59M
Selling General Administrative 4.22M 5.46M 5.94M 5.52M
Gross Profit 26.92M 41.54M 23.52M 46.06M
Ebit 18.54M 28.91M -8.63M 39.07M
Operating Income 18.54M 28.91M -8.63M 39.07M
Interest Expense -5.19M -4.81M -4.99M -8.65M
Income Tax Expense -10.55M 5.05M -3.49M 7.67M
Total Revenue 33.33M 48.14M 33.19M 58.92M
Cost Of Revenue 6.41M 6.6M 9.67M 12.86M
Total Other Income ExpenseNet -3.44M -4.2M -5.12M -9.81M
Net Income From Continuing Ops 25.64M 19.65M -10.26M 21.59M
Net Income Applicable To Common Shares 25.64M 19.65M -10.26M 21.59M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 49.85M 48.16M 68.47M 76.69M
Total Stockholder Equity 69.27M 87.86M 55.56M 91.42M
Other Current Liabilities 640k 1.21M 397k 1.51M
Total Assets 119.12M 136.02M 124.02M 168.11M
Common Stock 120k 122k 122k 146k
Other Current Assets 2.8M 1.57M
Retained Earnings 14.02M 33.67M 23.41M 45M
Treasury Stock -7.87M -10.77M -34.1M -40.01M
Cash 20.25M 22.45M 6.68M 25.54M
Total Current Liabilities 8.86M 7.17M 57.59M 27.16M
Other Stockholder Equity -7.87M -10.77M -34.1M -40.01M
Property, Plant, and Equipment 79.52M 97.46M 102.06M 131.07M
Total Current Assets 28.17M 30.43M 11.55M 32.97M
Net Tangible Assets 69.27M 87.86M 55.56M 91.42M
Net Receivables 4.37M 4.74M 3.09M 5.95M
Accounts Payable 3.02M 2.97M 9.93M 8.13M


Insider Transactions

Here are the insider transactions of stock shares related to Maha Energy AB (publ):

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Maha Energy AB (publ). You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Maha Energy AB (publ)

Here is the result of two systematic investment strategies applied to Maha Energy AB (publ). The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Maha Energy AB (publ)

The following chart shows the equity curve of the two systematic investment strategies applied to Maha Energy AB (publ):

Maha Energy AB (publ) automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 4.22% on the backtest period.

Performance at glance

Performance

4.22 %

Latent gain

21.42 kr

Invested capital

507.78 kr

Annualized return

5.7 %
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Momentum strategy results on Maha Energy AB (publ)

This is the result of two momentum investment strategies applied to Maha Energy AB (publ). The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Maha Energy AB (publ)

The following chart shows all the entries opened by the momentum investment system on Maha Energy AB (publ):

Maha Energy AB (publ) momentum entries
  • The first momentum investment strategy would give 5.62% of return on Maha Energy AB (publ). That represents 42.21kr of latent gain with 751.59kr of employed capital.
  • The second momentum investment strategy would give 2.8% of return on Maha Energy AB (publ). That represents 28.14kr of latent gain with 1005.06kr of employed capital.
Performance at glance (1Q Momentum)

Performance

5.62 %

Latent gain

42.21 kr

Invested capital

751.59 kr

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

2.8 %

Latent gain

28.14 kr

Invested capital

1005.06 kr

Annualized return

10.77 %

Momentum equity curve on Maha Energy AB (publ)

The following chart shows the equity curve of the two momentum strategies applied to Maha Energy AB (publ):

Maha Energy AB (publ) momentum equity

Note: the dividends potentially given by Maha Energy AB (publ) are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Maha Energy AB (publ)

The following chart shows the employed capital evolution of the two momentum strategies on Maha Energy AB (publ) since the beginning:

Maha Energy AB (publ)

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250kr, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000kr.


Buy the dip strategy result on Maha Energy AB (publ)

Buy the dip entry openings on Maha Energy AB (publ)

Maha Energy AB (publ)

The performance achieved by the robo-advisor on Maha Energy AB (publ) is 0%. That represents 0.0$ of latent gain with 0.0kr of employed capital. The following chart shows Maha Energy AB (publ) stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Maha Energy AB (publ), and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 kr

Invested capital

0.0 kr

Annualized return

-0.0 %

Equity curve of the strategy applied to Maha Energy AB (publ)

The following chart shows the result of the investment strategy applied to Maha Energy AB (publ):

Maha Energy AB (publ)

Note: the dividends potentially given by Maha Energy AB (publ) are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Maha Energy AB (publ)

The following chart shows the employed capital evolution since the beginning of the investment strategy on Maha Energy AB (publ):

Maha Energy AB (publ)

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Maha Energy AB (publ)

In this section, I will compare the three previous investment strategies applied to Maha Energy AB (publ).

Equity curve comparison on Maha Energy AB (publ)

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Maha Energy AB (publ) investment strategy comparison

Employed capital comparison on Maha Energy AB (publ)

Maha Energy AB (publ) investment comparison

Performance comparison on Maha Energy AB (publ)

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 4.22% 21.42kr 507.78kr 5.7%
Momentum 1 quarter 5.62% 42.21kr 751.59kr 11.24%
Momentum 2 quarters 2.8% 28.14kr 1005.06kr 10.77%
Non-directional 0% 0.0kr 0.0kr -0.0%
Annualized return comparison

Automatic investment

5.7 %

Momentum 1Q

10.77 %

Momentum 2Q

10.77 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Maha Energy AB (publ):

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Maha Energy AB (publ) and the other stocks. There may be false positives or some missing correlated stocks. If the price of Maha Energy AB (publ) does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Maha Energy AB (publ)
Country Sweden
City Stockholm
Address StrandvAegen 5A
Phone 46 86 11 05 11
Website www.mahaenergy.ca
FullTime employees 80
Industry Oil & Gas E&P
Sector Energy
Exchange XSTO
Ticker MAHA-A.XSTO
Market www.nasdaqomxnordic.com

Maha Energy AB (publ) ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown