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Journey Energy Inc (JRNGF)
OTHER OTC:JRNGF
Journey Energy (JRNGF) Stock Price & Analysis
23 Followers
JRNGF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.24 - $4.69
Previous Close$2.59
Volume15.66K
Average Volume (3M)99.41K
Market Cap
$159.45M
Enterprise Value$191.81M
Total Cash (Recent Filing)C$17.71M
Total Debt (Recent Filing)C$62.37M
Price to Earnings (P/E)13.2
Beta1.43
Next Earnings
May 07, 2024EPS Estimate
$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.20
Shares Outstanding60,922,000
10 Day Avg. Volume105,212
30 Day Avg. Volume99,405
Standard Deviation0.33
R-Squared0.18
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)0.70
Price to Sales (P/S)0.67
Price to Cash Flow (P/CF)1.80
P/FCF Ratio3.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$3.81Price Target Upside47.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Journey Energy News
PremiumCompany Announcements
Journey Energy’s Strategic Growth and Fiscal Plan for 2024PremiumCompany Announcements
Journey Energy Secures $38 Million in Financing
PremiumCompany Announcements
Journey Energy Inc. Launches $38M Private Placement
PremiumCompany Announcements
Journey Energy Reports Profitable 2023, Expands Power Business
Bulls Say, Bears Say
Bulls Say
Capital ExpenditureThe company has increased its capital spending for 2024 to enhance drilling and completion efforts, which is expected to support production volumes into 2025.
Debt ManagementJourney has successfully repaid significant debt, putting the company on solid financial footing with a convertible debenture not due until March 2029.
Stock ValuationAnalysts have raised the target price of the stock due to improvements in production outlook and favorable pricing forecasts.
Bears Say
Financial RiskThe debentures, due in March 2029, have a 10.25% rate and could lead to 12.4% dilution should they be converted.
Operational PerformanceJourney reported declines in all categories of reserves, indicating a reduction in the company's resource base.
Valuation ConcernJourney's EV/DACF multiple is currently at a premium compared to the average of its junior oil peer group.
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Options Prices
Currently, No data available
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Ownership Overview
27.74% Insiders
0.01% Mutual Funds
0.24% Other Institutional Investors
72.01% Public Companies and
Individual Investors
JRNGF FAQ
What was Journey Energy Inc’s price range in the past 12 months?
Journey Energy Inc lowest stock price was $2.23 and its highest was $4.69 in the past 12 months.
What is Journey Energy Inc’s market cap?
Currently, no data Available
When is Journey Energy Inc’s upcoming earnings report date?
Journey Energy Inc’s upcoming earnings report date is May 07, 2024 which is in 11 days.
How were Journey Energy Inc’s earnings last quarter?
Journey Energy Inc released its earnings results on Mar 12, 2024. The company reported $0.036 earnings per share for the quarter, missing the consensus estimate of $0.076 by -$0.04.
Is Journey Energy Inc overvalued?
According to Wall Street analysts Journey Energy Inc’s price is currently Undervalued.
Does Journey Energy Inc pay dividends?
Journey Energy Inc does not currently pay dividends.
What is Journey Energy Inc’s EPS estimate?
Journey Energy Inc’s EPS estimate is $0.03.
How many shares outstanding does Journey Energy Inc have?
Journey Energy Inc has 60,922,000 shares outstanding.
What happened to Journey Energy Inc’s price movement after its last earnings report?
Journey Energy Inc reported an EPS of $0.036 in its last earnings report, missing expectations of $0.076. Following the earnings report the stock price went up 2.553%.
Which hedge fund is a major shareholder of Journey Energy Inc?
Currently, no hedge funds are holding shares in JRNGF
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Journey Energy Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.81 (47.10% Upside)
$3.81 (47.10% Upside)
Blogger Sentiment
Neutral
JRNGF Sentiment 50%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth $115.2K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-44.39%
12-Months-Change
Fundamentals
Return on Equity
5.21%
Trailing 12-Months
Asset Growth
-1.91%
Trailing 12-Months
Company Description
Journey Energy Inc
Journey Energy, Inc. engages in the exploration and production of conventional oil and liquids-rich natural gas. Its activities include drilling on its existing core lands; implementing water flood projects; and executing on accretive acquisitions. The company was founded on June 26, 2007 and is headquartered in Alberta, Canada.
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JRNGF Stock 12 Months Forecast
Average Price Target
$3.81
▲(47.10% Upside)
Technical Analysis
Best Analysts Covering JRNGF
1 Year
1 Year Success Rate
3/7 ratings generated profit
1 Year Average Return
-5.33%
assigned a buy rating 26 days ago
Copying Adam Gill's trades and holding each position for 1 Year would result in 42.86% of your transactions generating a profit, with an average return of -5.33% per trade.
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