Capricorn Energy PLC (CRNCY) AI Stock Analysis

• Market Cap: $222.58M
• Dividend Yield: N/A
• Average Volume (3M): 272.00
• Price to Earnings (P/E): 19.7
• Beta (1Y): 0.59
• Revenue Growth: -26.51%
• EPS Growth: 90.30%
• Country: US
• Employees: 45
• Sector: Energy
• Sector Strength: 54
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.37
• Shares Outstanding: 35,279,170
• 10 Day Avg. Volume: 217
• 30 Day Avg. Volume: 272
• PEG Ratio: -0.04
• Price to Book (P/B): 0.41
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -39.81
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Capricorn Energy's score reflects a challenging financial performance, with improvements in profitability and cash flow being offset by revenue instability and a negative P/E ratio. Technical indicators suggest moderate market momentum, but these are not enough to overcome valuation concerns. Stability in cash flows and managing leverage will be vital for future growth.

Capricorn Energy PLC Business Overview & Revenue Model

Company Description

Capricorn Energy PLC (CRNCY) is an independent oil and gas exploration and production company. The company focuses on discovering, developing, and producing oil and gas resources, primarily in emerging and frontier markets. Capricorn Energy engages in both onshore and offshore exploration activities, leveraging its expertise and technology to maximize hydrocarbon recovery and ensure sustainable operations.

How the Company Makes Money

Capricorn Energy PLC generates revenue primarily through the exploration, development, and production of oil and gas resources. The company makes money by selling the extracted hydrocarbons, such as crude oil and natural gas, to various markets. Key revenue streams include the sale of oil and gas produced from its exploration and production activities. Additionally, Capricorn Energy may engage in strategic partnerships and joint ventures with other energy companies to enhance its exploration capabilities and expand its resource base. The company's earnings are influenced by factors like global oil prices, production levels, and operational efficiency.

Capricorn Energy PLC Financial Statement Overview

Summary

Capricorn Energy PLC's financial situation is challenging, with declining revenues, negative profitability, and cash flow issues. Although the balance sheet shows some stability in capital structure, the company faces persistent losses and operational inefficiencies.

Income Statement

Capricorn Energy PLC has faced substantial challenges with declining revenues and profitability. The gross profit margin declined to 10.45% in 2023 from 31.32% in 2022, indicating cost pressures. The net profit margin is concerning at -71.64% in 2023, mainly due to negative EBIT and EBITDA margins. Revenue growth has been negative, with a 29.32% decrease from 2022 to 2023, highlighting a significant contraction in sales. The company needs to address these issues to improve its financial health.

Balance Sheet

Capricorn Energy PLC's balance sheet shows a mixed picture. The debt-to-equity ratio improved slightly to 0.29 in 2023, indicating a manageable level of leverage. However, the return on equity is negative due to substantial net losses, which is a major concern. The equity ratio of 60.89% in 2023 suggests a solid capital structure, but the overall decline in equity is worrisome. The company must focus on improving profitability to strengthen its financial position.

Cash Flow

The cash flow analysis reveals significant challenges for Capricorn Energy PLC. Operating cash flow is negative, leading to a negative free cash flow of -100.8 million in 2023. The operating cash flow to net income ratio is unfavorable, highlighting inefficiencies in converting income to cash. The free cash flow growth rate improved slightly compared to 2022, but the negative figures indicate a need for improved cash management and operational efficiency.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
182.19M	201.00M	229.60M	64.40M	400.00K	533.40M
	Gross Profit
3.59M	21.00M	149.20M	12.70M	-11.70M	243.10M
	EBIT
-88.62K	-87.40M	-135.60M	-130.90M	-130.20M	154.90M
	EBITDA
70.15M	42.60M	-16.20M	923.90M	-130.10M	373.30M
	Net Income Common Stockholders
-77.66M	-144.00M	-67.10M	894.50M	-393.80M	57.50M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
400.70M	189.50M	593.20M	400.70M	574.80M	151.60M
	Total Assets
2.25B	667.60M	1.53B	2.25B	1.64B	2.09B
	Total Debt
180.70M	119.20M	162.90M	180.70M	240.00M	282.90M
	Net Debt
-133.40M	-70.30M	-295.90M	-133.40M	-329.60M	136.40M
	Total Liabilities
447.80M	261.10M	314.70M	447.80M	509.70M	633.50M
	Stockholders Equity
1.80B	406.50M	1.21B	1.80B	1.13B	1.46B
Cash Flow		Free Cash Flow
-2.90M	-100.80M	-105.30M	90.50M	-142.90M	131.40M
	Operating Cash Flow
23.40M	-39.90M	63.50M	179.90M	257.90M	406.50M
	Investing Cash Flow
26.00M	120.80M	963.90M	-296.00M	225.60M	-166.20M
	Financing Cash Flow
-201.40M	-646.20M	-579.60M	-147.90M	-69.30M	-152.90M

Capricorn Energy PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.39
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRNCY, the sentiment is Positive. The current price of 6.39 is above the 20-day moving average (MA) of 5.98, above the 50-day MA of 6.24, and above the 200-day MA of 6.32, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 54.59 is Neutral, neither overbought nor oversold. The STOCH value of 60.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CRNCY.

Capricorn Energy PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BRY	69 Neutral	$247.53M	9.56	-5.66%	11.74%	-31.28%	-1265.13%
Sector *	56 Neutral	$7.27B	3.51	-4.45%	5.66%	0.09%	-52.20%
EPM	56 Neutral	$153.11M	89.30	-1.12%	10.74%	3.79%	-127.75%
WTI	53 Neutral	$236.24M	―	203.83%	2.50%	-5.05%	-383.38%
REI	50 Neutral	$189.67M	2.49	8.52%	―	-4.51%	-10.09%
CRNCY	49 Neutral	$222.58M	19.66	-3.29%	―	-26.51%	90.30%
EP	49 Neutral	$134.18M	―	-33.15%	―	9.71%	0.88%