HEMISPHERE ENERGY CORPORATION chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.52
Dividend & YieldN/AC$ (N/A)
Beta 3.07
Market capitalization 155.36M
Operating cash flow 23.38M
ESG Scores unknown

Company description

Hemisphere Energy Corporation acquires, explores for, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% working interest in 9,440 net acres of land in the Atlee Buffalo property located in southeastern Alberta; and a 100% working interest in 7,009 net acres of land in the Jenner property situated in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009. Hemisphere Energy Corporation was founded in 1977 and is headquartered in Vancouver, Canada.

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

Financial Ratios
Quick Ratio0.36
Working Capital-0.64
Return On Equity0.23
Debt To Equity0.6
Fixed Asset Ratio2.76
Fixed Interest Cover6.99

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -15.57M -11.46M -1.87M -8.28M
Net Borrowings 13.75M 585.84k -7.99M -10.73M
Total Cash From Financing Activities 13.75M 402.94k -8.26M -10.52M
Change To Operating Activities 217.22k -2.52M 213.34k -64.92k
Issuance Of Stock 7.2k 7.2k 375.7k 375.7k
Net Income -4.85M 1.58M -415.91k 5.92M
Change In Cash 407.67k -601.14k -744.17k -435.35k
Effect Of Exchange Rate
Total Cash From Operating Activities 2.23M 10.45M 9.39M 18.37M
Depreciation 7.11M 9.83M 10.9M 2.74M
Change To Account Receivables
Other Cashflows From Financing Activities -66.42k -66.42k
Change To Netincome -736.09k 1.01M -1.93M 9.38M
Capital Expenditures -16.06M -10.95M -1.69M -11.99M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -4.85M 1.58M -415.91k 5.92M
Net Income -4.85M 1.58M -415.91k 5.92M
Selling General Administrative 1.88M 2.12M 1.95M 3.32M
Gross Profit 9.06M 20.12M 10.75M 27.05M
Ebit 449.81k 4.77M 2.82M 14.96M
Operating Income 449.81k 4.77M 2.82M 14.96M
Interest Expense -3.16M -4.06M -3.67M -2.14M
Income Tax Expense
Total Revenue 14.68M 27.63M 16.96M 35.3M
Cost Of Revenue 5.61M 7.51M 6.21M 8.25M
Total Other Income ExpenseNet -6.88M -6.1M -3.23M -9.04M
Net Income From Continuing Ops -4.85M 1.58M -415.91k 5.92M
Net Income Applicable To Common Shares -4.85M 1.58M -415.91k 5.92M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 43.33M 44.68M 36.17M 41.31M
Total Stockholder Equity 15.87M 16.84M 16.31M 25.81M
Other Current Liabilities 2.2M 993.82k 6.93M
Total Assets 59.2M 61.52M 52.48M 67.12M
Common Stock 54.72M 54.61M 54.34M 56.5M
Other Current Assets 636.8k 193.69k 433.37k
Retained Earnings -40.91M -38.83M -39.24M -33.33M
Treasury Stock 1.04M 1.04M
Cash 1.78M 1.18M 435.35k
Total Current Liabilities 2.25M 4.16M 2.41M 14.55M
Other Stockholder Equity 1.04M 1.04M
Property, Plant, and Equipment 55.42M 56.7M 48.9M 61.76M
Total Current Assets 2.9M 4.3M 3.2M 5.25M
Net Tangible Assets 15.87M 16.84M 16.31M 25.81M
Net Receivables 287.17k 2.79M 1.93M 4.22M
Accounts Payable 2.25M 1.87M 1.33M 7.22M


Insider Transactions

Here are the insider transactions of stock shares related to HEMISPHERE ENERGY CORPORATION:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Cibolo Energy Partners I, L.P.Acquisition or disposition in the public market at price 1.09 per share.I2022-05-1310% Security Holder of Issuer78.8k
Simmons (Don)Exercise of options at price 0.19 per share.D2022-05-12Senior Officer of Issuer450k
Evancic (Dorlyn Robert)Exercise of options at price 0.19 per share.D2022-05-11Senior Officer of Issuer110k
Cibolo Energy Partners I, L.P.Acquisition or disposition in the public market at price 1.08 per share.I2022-05-1110% Security Holder of Issuer2.5k
Arthur (Andrew)Acquisition or disposition in the public market at price 0.97 per share.D2022-05-10Senior Officer of Issuer15k
Cibolo Energy Partners I, L.P.Acquisition or disposition in the public market at price 1.09 per share.I2022-05-0610% Security Holder of Issuer75k
Cibolo Energy Partners I, L.P.Acquisition or disposition in the public market at price 1.14 per share.I2022-05-0510% Security Holder of Issuer40.1k
Cibolo Energy Partners I, L.P.Acquisition or disposition in the public market at price 1.14 per share.I2022-05-0410% Security Holder of Issuer330.9k
Cibolo Energy Partners I, L.P.Acquisition or disposition in the public market at price 1.16 per share.I2022-05-0310% Security Holder of Issuer32k
Cibolo Energy Partners I, L.P.Exercise of rights at price 1.14 per share.I2022-04-1810% Security Holder of Issuer8.3M
Ramsden Wood, AshleyAcquisition or disposition in the public market at price 1.17 per share.D2022-03-18Senior Officer of Issuer15k
Duncan, IanAcquisition or disposition in the public market at price 1.04 per share.D2022-03-04Senior Officer of Issuer1.08k
Duncan, IanAcquisition or disposition in the public market at price 1.02 per share.D2022-03-04Senior Officer of Issuer3k
Duncan, IanExercise of options at price 0.20 per share.D2022-02-24Senior Officer of Issuer200k
Simmons (Don)Exercise of options at price 0.20 per share.D2022-02-22Senior Officer of Issuer300k
Evancic (Dorlyn Robert)Exercise of options at price 0.20 per share.D2022-02-22Senior Officer of Issuer400k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.79 per share.D2022-01-07Director of Issuer50k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.79 per share.D2022-01-06Director of Issuer200
Borowicz (Frank)Acquisition or disposition in the public market at price 0.79 per share.D2022-01-06Director of Issuer401.3k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.79 per share.D2022-01-05Director of Issuer16.9k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.80 per share.D2022-01-05Director of Issuer1.6k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.81 per share.D2022-01-05Director of Issuer600
Borowicz (Frank)Acquisition or disposition in the public market at price 0.78 per share.D2022-01-05Director of Issuer226.9k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.79 per share.D2022-01-04Director of Issuer147k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.80 per share.D2022-01-04Director of Issuer23k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.80 per share.D2022-01-04Director of Issuer2.5k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.79 per share.D2021-12-31Director of Issuer2.5k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.78 per share.D2021-12-31Director of Issuer15k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.78 per share.D2021-12-30Director of Issuer123k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.79 per share.D2021-12-30Director of Issuer38.5k
Borowicz (Frank)Acquisition or disposition in the public market at price 0.79 per share.D2021-12-30Director of Issuer1k
Ramsden Wood, AshleyExercise of options at price 0.20 per share.D2021-12-29Senior Officer of Issuer570k
Cibolo Energy Partners I, L.P.Exercise of warrants at price 0.22 per share.I2021-09-2910% Security Holder of Issuer2.3M
Ramsden Wood, AshleyAcquisition or disposition in the public market at price 0.51 per share.D2021-06-15Senior Officer of Issuer20k
Ramsden Wood, AshleyAcquisition or disposition in the public market at price 0.47 per share.D2021-06-07Senior Officer of Issuer4.5k
Duncan, IanAcquisition or disposition in the public market at price 0.48 per share.D2021-06-04Senior Officer of Issuer10k
Ramsden Wood, AshleyAcquisition or disposition in the public market at price 0.48 per share.D2021-06-04Senior Officer of Issuer1k
Ramsden Wood, AshleyAcquisition or disposition in the public market at price 0.48 per share.D2021-06-02Senior Officer of Issuer19k
Simmons (Don)Acquisition or disposition in the public market at price 0.47 per share.D2021-05-31Senior Officer of Issuer9k
Ramsden Wood, AshleyAcquisition or disposition in the public market at price 0.46 per share.D2021-05-28Senior Officer of Issuer10k

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 HEMISPHERE ENERGY CORPORATION. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on HEMISPHERE ENERGY CORPORATION

Here is the result of two systematic investment strategies applied to HEMISPHERE ENERGY CORPORATION. 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 HEMISPHERE ENERGY CORPORATION

The following chart shows the equity curve of the two systematic investment strategies applied to HEMISPHERE ENERGY CORPORATION:

HEMISPHERE ENERGY CORPORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 84.19% on the backtest period.

Performance at glance

Performance

84.19 %

Latent gain

1894.26 C$

Invested capital

2250.06 C$

Annualized return

19.67 %
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Momentum strategy results on HEMISPHERE ENERGY CORPORATION

This is the result of two momentum investment strategies applied to HEMISPHERE ENERGY CORPORATION. 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 HEMISPHERE ENERGY CORPORATION

The following chart shows all the entries opened by the momentum investment system on HEMISPHERE ENERGY CORPORATION:

HEMISPHERE ENERGY CORPORATION momentum entries
  • The first momentum investment strategy would give 120.87% of return on HEMISPHERE ENERGY CORPORATION. That represents 6345.76C$ of latent gain with 5250.08C$ of employed capital.
  • The second momentum investment strategy would give 102.88% of return on HEMISPHERE ENERGY CORPORATION. That represents 3343.62C$ of latent gain with 3249.98C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

120.87 %

Latent gain

6345.76 C$

Invested capital

5250.08 C$

Annualized return

61.85 %
Performance at glance (2Q Momentum)

Performance

102.88 %

Latent gain

3343.62 C$

Invested capital

3249.98 C$

Annualized return

27.07 %

Momentum equity curve on HEMISPHERE ENERGY CORPORATION

The following chart shows the equity curve of the two momentum strategies applied to HEMISPHERE ENERGY CORPORATION:

HEMISPHERE ENERGY CORPORATION momentum equity

Note: the dividends potentially given by HEMISPHERE ENERGY CORPORATION 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 HEMISPHERE ENERGY CORPORATION

The following chart shows the employed capital evolution of the two momentum strategies on HEMISPHERE ENERGY CORPORATION since the beginning:

HEMISPHERE ENERGY CORPORATION

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


Buy the dip strategy result on HEMISPHERE ENERGY CORPORATION

Buy the dip entry openings on HEMISPHERE ENERGY CORPORATION

HEMISPHERE ENERGY CORPORATION

The performance achieved by the robo-advisor on HEMISPHERE ENERGY CORPORATION is 141.02%. That represents 1762.76$ of latent gain with 1250.04C$ of employed capital. The following chart shows HEMISPHERE ENERGY CORPORATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of HEMISPHERE ENERGY CORPORATION, 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

141.02 %

Latent gain

1762.76 C$

Invested capital

1250.04 C$

Annualized return

61.85 %

Equity curve of the strategy applied to HEMISPHERE ENERGY CORPORATION

The following chart shows the result of the investment strategy applied to HEMISPHERE ENERGY CORPORATION:

HEMISPHERE ENERGY CORPORATION

Note: the dividends potentially given by HEMISPHERE ENERGY CORPORATION 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 HEMISPHERE ENERGY CORPORATION

The following chart shows the employed capital evolution since the beginning of the investment strategy on HEMISPHERE ENERGY CORPORATION:

HEMISPHERE ENERGY CORPORATION

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 HEMISPHERE ENERGY CORPORATION

In this section, I will compare the three previous investment strategies applied to HEMISPHERE ENERGY CORPORATION.

Equity curve comparison on HEMISPHERE ENERGY CORPORATION

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

HEMISPHERE ENERGY CORPORATION investment strategy comparison

Employed capital comparison on HEMISPHERE ENERGY CORPORATION

HEMISPHERE ENERGY CORPORATION investment comparison

Performance comparison on HEMISPHERE ENERGY CORPORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 84.19% 1894.26C$ 2250.06C$ 19.67%
Momentum 1 quarter 120.87% 6345.76C$ 5250.08C$ 29.92%
Momentum 2 quarters 102.88% 3343.62C$ 3249.98C$ 27.07%
Non-directional 141.02% 1762.76C$ 1250.04C$ 61.85%
Annualized return comparison

Automatic investment

19.67 %

Momentum 1Q

27.07 %

Momentum 2Q

27.07 %

Non-directional

61.85 %

Correlated stocks

Here are the most positively and negatively correlated stocks with HEMISPHERE ENERGY CORPORATION:

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 HEMISPHERE ENERGY CORPORATION and the other stocks. There may be false positives or some missing correlated stocks. If the price of HEMISPHERE ENERGY CORPORATION does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name HEMISPHERE ENERGY CORPORATION
Country Canada
City Vancouver
Address 905 West Pender Street
Phone
Website www.hemisphereenergy.ca
FullTime employees 8
Industry Oil & Gas E&P
Sector Energy
Exchange XTSX
Ticker HME.XTSX
Market www.tsx.com

HEMISPHERE ENERGY CORPORATION 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