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Journey Energy Inc (TSE:JOY)
TSX:JOY
Journey Energy (JOY) Stock Price & Analysis
56 Followers
JOY Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$3.02 - C$6.25
Previous CloseC$3.56
Volume55.55K
Average Volume (3M)124.81K
Market Cap
C$216.88M
Enterprise ValueC$261.53M
Total Cash (Recent Filing)C$17.71M
Total Debt (Recent Filing)C$62.37M
Price to Earnings (P/E)13.5
Beta2.22
Next Earnings
May 07, 2024EPS Estimate
C$0.05Last Dividend Ex-Date
Sep 28, 2015Dividend YieldN/A
Share Statistics
EPS (TTM)0.26
Shares Outstanding60,922,000
10 Day Avg. Volume84,176
30 Day Avg. Volume124,812
Standard Deviation0.32
R-Squared0.25
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)0.69
Price to Sales (P/S)0.93
Price to Cash Flow (P/CF)1.70
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
C$5.29Price Target Upside48.46% 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
JOY FAQ
What was Journey Energy Inc’s price range in the past 12 months?
Journey Energy Inc lowest stock price was C$3.02 and its highest was C$6.25 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 10 days.
How were Journey Energy Inc’s earnings last quarter?
Journey Energy Inc released its earnings results on Mar 12, 2024. The company reported C$0.05 earnings per share for the quarter, missing the consensus estimate of C$0.105 by -C$0.055.
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 pays a Notavailable dividend of C$0.04 which represents an annual dividend yield of N/A. See more information on Journey Energy Inc dividends here
What is Journey Energy Inc’s EPS estimate?
Journey Energy Inc’s EPS estimate is C$0.05.
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 C$0.05 in its last earnings report, missing expectations of C$0.105. Following the earnings report the stock price went up 3.165%.
Which hedge fund is a major shareholder of Journey Energy Inc?
Currently, no hedge funds are holding shares in TSE:JOY
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Journey Energy Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$5.29 (48.46% Upside)
C$5.29 (48.46% Upside)
Blogger Sentiment
Neutral
TSE:JOY Sentiment 50%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth $115.6K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-41.88%
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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JOY Stock 12 Months Forecast
Average Price Target
C$5.29
▲(48.46% Upside)
Technical Analysis
Best Analysts Covering JOY
1 Year
1 Year Success Rate
3/7 ratings generated profit
1 Year Average Return
-5.30%
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 -5.30% per trade.
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