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Journey Energy
(TSX:JOY)
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Rating:69Neutral
Price Target:
C$6.00
▲(3.09% Upside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by strong balance sheet health and solid current profitability, partially offset by inconsistent free cash flow generation. Technicals add support due to an established uptrend and positive MACD, though momentum looks extended (high Stoch and elevated RSI). Valuation is neutral-to-slightly supportive with a mid-range P/E, but no dividend data is available to strengthen the valuation case.
Positive Factors
Conservative balance sheet
Low and improving leverage gives Journey financial flexibility to fund development, absorb commodity downturns, and pursue asset opportunities without relying heavily on additional borrowing.
Negative Factors
Inconsistent free cash flow
Weak conversion of operating earnings into surplus cash limits financial flexibility and makes shareholder returns or debt reduction more dependent on commodity prices, capital discipline, and future operating performance.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Low and improving leverage gives Journey financial flexibility to fund development, absorb commodity downturns, and pursue asset opportunities without relying heavily on additional borrowing.
Read all positive factors
Journey Energy (JOY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$388.02M
Dividend Yield26.33%
Average Volume (3M)388.47K
Price to Earnings (P/E)15.2
Beta (1Y)0.54
Revenue Growth4.49%
EPS Growth64.96%
CountryCA
Employees36
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.38
Shares Outstanding67,481,000
10 Day Avg. Volume333,373
30 Day Avg. Volume388,469
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.60
Price to Sales (P/S)1.24
P/FCF Ratio-41.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.49
Revenue Forecast (FY)C$220.00M
Journey Energy Business Overview & Revenue Model
Company Description
Journey Energy Inc. is an energy company primarily focused on the exploration, development, and extraction of crude oil and natural gas within the province of Alberta, Canada. Formerly known as Sword Energy Inc., the organization officially adopte...
How the Company Makes Money
Journey Energy makes money primarily by producing and selling crude oil, natural gas, and natural gas liquids (NGLs) from its operated and non-operated properties. Revenue is generated based on realized commodity prices and sales volumes delivered...
Journey Energy Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
82
Very Positive
Cash Flow
48
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 177.47M | 171.65M | 204.04M | 186.92M | 235.58M | 123.84M |
| Gross Profit | 67.98M | 38.40M | 127.41M | 38.90M | 159.71M | 81.99M |
| EBITDA | 70.72M | 74.66M | 53.85M | 67.86M | 103.45M | 46.74M |
| Net Income | 26.79M | 25.92M | 5.14M | 15.82M | 155.20M | 99.13M |
Balance Sheet | ||||||
| Total Assets | 590.62M | 576.13M | 585.38M | 610.14M | 639.20M | 357.21M |
| Cash, Cash Equivalents and Short-Term Investments | 4.00K | 1.54M | 8.21M | 17.71M | 31.40M | 15.36M |
| Total Debt | 45.55M | 50.80M | 54.64M | 62.37M | 110.37M | 65.07M |
| Total Liabilities | 221.38M | 221.38M | 258.84M | 293.72M | 354.52M | 272.94M |
| Stockholders Equity | 369.24M | 354.76M | 326.53M | 316.41M | 284.68M | 84.28M |
Cash Flow | ||||||
| Free Cash Flow | -208.00K | -5.13M | -7.11M | 20.25M | 4.89M | 36.16M |
| Operating Cash Flow | 59.39M | 50.30M | 35.62M | 66.64M | 106.62M | 40.93M |
| Investing Cash Flow | -48.11M | -50.79M | -38.78M | -42.04M | -102.20M | -6.75M |
| Financing Cash Flow | -11.54M | -6.19M | -6.35M | -38.29M | 11.62M | -25.41M |
Journey Energy Technical Analysis
Neutral
5.82
Price Trends
4.89
Positive
5.24
Positive
4.62
Positive
Market Momentum
0.28
Positive
55.39
Neutral
29.39
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:JOY, the sentiment is Neutral. The current price of 5.82 is above the 20-day moving average (MA) of 5.80, above the 50-day MA of 4.89, and above the 200-day MA of 4.62, indicating a neutral trend. The MACD of 0.28 indicates Positive momentum. The RSI at 55.39 is Neutral, neither overbought nor oversold. The STOCH value of 29.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:JOY.
Journey Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | C$212.06M | 6.64 | 38.81% | 7.11% | 1.90% | 4.58% | |
69 Neutral | C$388.02M | 15.15 | 7.55% | 26.33% | 4.49% | 64.96% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
60 Neutral | C$490.23M | -36.94 | -3.81% | 6.09% | 78.72% | -219.22% | |
56 Neutral | C$395.32M | 15.59 | 7.79% | ― | 15.04% | -61.00% | |
53 Neutral | C$220.38M | -104.98 | -0.41% | 8.28% | 2.67% | 68.98% | |
44 Neutral | C$193.75M | -26.09 | -27.35% | 2.78% | -7.67% | 60.90% |
* Energy Sector Average
TSE:JOY
Journey Energy
5.81
2.81
93.67%
TSE:PNE
Pine Cliff Energy
0.54
-0.07
-10.89%
TSE:HME
Hemisphere Energy
2.22
0.39
20.98%
TSE:IPO
InPlay Oil Corp.
16.67
5.50
49.24%
TSE:BNE
Bonterra Energy
6.11
2.71
79.71%
TSE:RBY
Rubellite Energy Inc
4.46
2.26
102.73%
Journey Energy Corporate Events
Business Operations and StrategyM&A Transactions
Journey Energy Sells Northwest Alberta Assets to Fund Duvernay Focus
Positive
Aug 12, 2026
Journey Energy has agreed to sell a package of Northwest Alberta assets, including the Ante Creek pool and Pine Creek gas field, to a private buyer for $28 million in cash. The properties produce about 1,170 boe/d but carry roughly $31 million in ...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Journey Energy Lifts Q2 Profit as Duvernay Oil Push Reshapes Portfolio
Positive
Aug 6, 2026
Journey Energy reported second-quarter 2026 sales volumes of 10,017 boe per day, with liquids making up just over half of output, and posted net income of $18.5 million, a sharp increase from a year earlier. Higher realized crude oil prices, impro...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.