CGX ENERGY INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 1.43
Market capitalization 414.79M
Operating cash flow -990.38k
ESG Scores unknown

Company description

CGX Energy Inc., an oil and gas exploration company, explores for and evaluates petroleum and natural gas properties in Guyana, South America. It holds interests in three petroleum prospecting licenses and related petroleum agreements, including Corentyne, Berbice, and Demerara blocks that cover an area of approximately 11,005.2 square kilometers located in offshore and onshore Guyana. The company also constructs and develops the Berbice Deep Water Port project in Guyana. CGX Energy Inc. was incorporated in 1998 and is headquartered in Toronto, Canada.

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

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 962.03k -8.41M 204.8k 767.15k
Total Cashflows From Investing Activities -2M -441.47k -4.66M -56.7M
Net Borrowings 7.66M 961.76k 19M 19M
Total Cash From Financing Activities 7.63M 22.4M 4.86M 78.87M
Change To Operating Activities -431.5k 2.13M -1.85M -7.69M
Issuance Of Stock 21.87M 21.87M 4.86M 60.19M
Net Income -6.06M 9.23M -5.5M -12.69M
Change In Cash 2.43M 12.98M -4M 5.42M
Effect Of Exchange Rate 1.76k 151.66k 20.82k -668.14k
Total Cash From Operating Activities -3.2M -9.13M -4.23M -16.08M
Depreciation 36.42k -7.51M 8.68k 23.39k
Change To Account Receivables -93.42k -47.44k -34.68k -3.99M
Other Cashflows From Financing Activities -30.37k -428.82k -318.18k -318.18k
Change To Netincome 2.38M -4.53M 2.94M 7.5M
Capital Expenditures -2M -12.06M -4.66M -56.7M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -6.06M 9.23M -5.5M -12.69M
Net Income -6.06M 9.23M -5.5M -12.69M
Selling General Administrative 3.61M 2.99M 2.63M 5.68M
Gross Profit
Ebit -3.61M 3.05M -5.43M -11.2M
Operating Income -3.61M 3.05M -5.43M -11.2M
Interest Expense -3.01M -1.7M -568.9k -1.91M
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet -2.44M 6.18M -69.39k -1.5M
Net Income From Continuing Ops -6.06M 9.23M -5.5M -12.69M
Net Income Applicable To Common Shares -6.06M 9.23M -5.5M -12.69M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 59.32M 21.83M 14.58M 60.44M
Total Stockholder Equity -20.85M 18.1M 24.6M 73.62M
Other Current Liabilities 13.58M 6.44M
Total Assets 38.47M 39.93M 39.18M 134.06M
Common Stock 259.03M 287.26M 296.46M 356.04M
Other Current Assets 431.5k
Retained Earnings -301.59M -292.36M -297.86M -310.55M
Treasury Stock 21.71M 23.2M 25.99M 28.13M
Cash 2.84M 15.82M 11.82M 17.24M
Total Current Liabilities 59.32M 21.83M 14.58M 60.44M
Other Stockholder Equity 21.71M 23.2M 25.99M 28.13M
Property, Plant, and Equipment 35.05M 23.92M 26.98M 104.77M
Total Current Assets 3.41M 16.01M 12.19M 29.29M
Net Tangible Assets -20.85M 18.1M 24.6M 73.62M
Net Receivables 55.64k 40.97k 221.31k 8.64M
Accounts Payable 21.44M 15.4M 14.58M 41.91M


Insider Transactions

Here are the insider transactions of stock shares related to CGX ENERGY INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Poon (Hill-York)D2021-11-08Senior Officer of Issuer
Frontera Energy CorporationExercise of rights at price 1.32 per share.D2021-10-2910% Security Holder of Issuer33.35M
Frontera Energy CorporationAcquisition or disposition under a prospectus exemption at price 1.32 per share.D2021-10-2910% Security Holder of Issuer11.74M
Maraj, TralisaAcquisition or disposition in the public market at price 1.21 per share.D2021-10-13Senior Officer of Issuer85k

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


Systematic investment results on CGX ENERGY INC

Here is the result of two systematic investment strategies applied to CGX ENERGY INC. 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 CGX ENERGY INC

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

CGX ENERGY INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 182.39% on the backtest period.

Performance at glance

Performance

182.39 %

Latent gain

4103.33 C$

Invested capital

2249.75 C$

Annualized return

43.43 %
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Momentum strategy results on CGX ENERGY INC

This is the result of two momentum investment strategies applied to CGX ENERGY INC. 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 CGX ENERGY INC

The following chart shows all the entries opened by the momentum investment system on CGX ENERGY INC:

CGX ENERGY INC momentum entries
  • The first momentum investment strategy would give 312.02% of return on CGX ENERGY INC. That represents 16381.93C$ of latent gain with 5250.35C$ of employed capital.
  • The second momentum investment strategy would give 178.03% of return on CGX ENERGY INC. That represents 8455.31C$ of latent gain with 4749.27C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

312.02 %

Latent gain

16381.93 C$

Invested capital

5250.35 C$

Annualized return

31.38 %
Performance at glance (2Q Momentum)

Performance

178.03 %

Latent gain

8455.31 C$

Invested capital

4749.27 C$

Annualized return

47.86 %

Momentum equity curve on CGX ENERGY INC

The following chart shows the equity curve of the two momentum strategies applied to CGX ENERGY INC:

CGX ENERGY INC momentum equity

Note: the dividends potentially given by CGX ENERGY INC 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 CGX ENERGY INC

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

CGX ENERGY INC

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 CGX ENERGY INC

Buy the dip entry openings on CGX ENERGY INC

CGX ENERGY INC

The performance achieved by the robo-advisor on CGX ENERGY INC is 69.03%. That represents 517.88$ of latent gain with 750.18C$ of employed capital. The following chart shows CGX ENERGY INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CGX ENERGY INC, 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

69.03 %

Latent gain

517.88 C$

Invested capital

750.18 C$

Annualized return

31.38 %

Equity curve of the strategy applied to CGX ENERGY INC

The following chart shows the result of the investment strategy applied to CGX ENERGY INC:

CGX ENERGY INC

Note: the dividends potentially given by CGX ENERGY INC 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 CGX ENERGY INC

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

CGX ENERGY INC

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 CGX ENERGY INC

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

Equity curve comparison on CGX ENERGY INC

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

CGX ENERGY INC investment strategy comparison

Employed capital comparison on CGX ENERGY INC

CGX ENERGY INC investment comparison

Performance comparison on CGX ENERGY INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 182.39% 4103.33C$ 2249.75C$ 43.43%
Momentum 1 quarter 312.02% 16381.93C$ 5250.35C$ 78.79%
Momentum 2 quarters 178.03% 8455.31C$ 4749.27C$ 47.86%
Non-directional 69.03% 517.88C$ 750.18C$ 31.38%
Annualized return comparison

Automatic investment

43.43 %

Momentum 1Q

47.86 %

Momentum 2Q

47.86 %

Non-directional

31.38 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CGX ENERGY INC:

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


Company information

Company name CGX ENERGY INC
Country Canada
City Toronto
Address 333 Bay Street
Phone
Website www.cgxenergy.com
FullTime employees
Industry Oil & Gas E&P
Sector Energy
Exchange XTSX
Ticker OYL.XTSX
Market www.tsx.com

CGX ENERGY INC 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