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CGX Energy
(OYL)
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Rating:42Neutral
Price Target:
C$0.18
▼(-11.00% Downside)
Action:Reiterated
Date:08/26/26
The score is primarily held down by weak financial performance—declining revenue, persistent large losses, negative operating/free cash flow, and negative equity—indicating elevated funding and balance-sheet risk. Technicals are mixed but lean soft with the stock below key short-term moving averages and only neutral momentum readings. Valuation is also constrained by ongoing losses (negative P/E) and no indicated dividend yield.
Positive Factors
Zero Reported Debt
Zero reported debt reduces immediate leverage and interest-burden risk, giving the company more flexibility than a similarly loss-making explorer with substantial borrowings. However, this benefit is partly offset by negative equity and continued cash consumption.
Negative Factors
Declining Revenue
A material TTM revenue decline weakens the company’s current operating base and makes it harder to absorb fixed costs or fund exploration internally. Continued contraction would reduce financial resilience and increase dependence on financing, partners, or asset transactions.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero Reported Debt
Zero reported debt reduces immediate leverage and interest-burden risk, giving the company more flexibility than a similarly loss-making explorer with substantial borrowings. However, this benefit is partly offset by negative equity and continued cash consumption.
Read all positive factors
CGX Energy (OYL) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$71.10M
Dividend YieldN/A
Average Volume (3M)42.92K
Price to Earnings (P/E)―
Beta (1Y)1.76
Revenue Growth957.78%
EPS Growth-2905.77%
CountryCA
Employees767
SectorGeneral
Sector StrengthN/A
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.06
Shares Outstanding338,549,000
10 Day Avg. Volume45,984
30 Day Avg. Volume42,921
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-2.09
Price to Sales (P/S)56.90
P/FCF Ratio-11.95
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)N/A
Revenue Forecast (FY)N/A
CGX Energy Business Overview & Revenue Model
Company Description
CGX Energy Inc. operates as an oil and natural gas exploration firm, primarily engaged in the search for and appraisal of hydrocarbon deposits across Guyana, a nation in South America. The company possesses interests in three key petroleum prospec...
How the Company Makes Money
CGX Energy’s business model is tied to the upstream oil and gas lifecycle. In general, the company can generate value and potential revenue by (a) acquiring or holding exploration licenses and progressing them through exploration work (e.g., seism...
CGX Energy Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
20
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 418.91K | 563.24K | 53.15K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 349.38K | ― | 53.15K | -28.50K | -38.80K | -23.18K |
| EBITDA | -2.00M | ― | -2.00M | -4.73M | -5.55M | -10.66M |
| Net Income | -20.41M | -77.62M | -2.58M | -3.19M | -10.02M | -12.70M |
Balance Sheet | ||||||
| Total Assets | 3.70M | 4.14M | 79.30M | 84.88M | 93.01M | 134.06M |
| Cash, Cash Equivalents and Short-Term Investments | 475.81K | 1.04M | 2.07M | 6.41M | 12.39M | 17.24M |
| Total Debt | 0.00 | 1.90M | 0.00 | 0.00 | 0.00 | 18.53M |
| Total Liabilities | 20.30M | 19.49M | 18.40M | 21.45M | 27.67M | 60.44M |
| Stockholders Equity | -16.60M | -15.35M | 60.91M | 63.43M | 65.34M | 73.62M |
Cash Flow | ||||||
| Free Cash Flow | -3.23M | -2.68M | -4.95M | -5.64M | -65.18M | -72.78M |
| Operating Cash Flow | -3.16M | -2.57M | -4.33M | -3.67M | -8.49M | -16.08M |
| Investing Cash Flow | 219.94K | -392.38K | -41.82K | -3.46M | -31.16M | -56.70M |
| Financing Cash Flow | 2.53M | 1.93M | 0.00 | 1.16M | 34.92M | 78.87M |
CGX Energy Technical Analysis
Positive
0.20
Price Trends
0.22
Negative
0.22
Negative
0.21
Positive
Market Momentum
-0.01
Positive
48.18
Neutral
40.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OYL, the sentiment is Positive. The current price of 0.2 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.22, and below the 200-day MA of 0.21, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 48.18 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:OYL.
CGX Energy Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | C$70.58M | 2.55 | 13.02% | 7.14% | 9.61% | 1283.78% | |
68 Neutral | C$191.53M | 8.70 | 25.34% | ― | 15.49% | 44.88% | |
59 Neutral | C$87.53M | -9.17 | -10.06% | 1400.00% | -15.65% | -243.42% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
42 Neutral | C$71.10M | -2.40 | 177.48% | ― | 957.78% | -2905.77% | |
41 Neutral | C$16.13M | -0.07 | 18.82% | 5.76% | -6.45% | 33.79% |
* General Sector Average
TSE:OYL
CGX Energy
0.22
0.05
29.41%
TSE:TXP
Touchstone Exploration
0.16
-0.11
-40.74%
TSE:ROK
ROK Resources
0.40
0.21
107.89%
TSE:PPR
Prairie Provident Resources
0.32
-0.43
-57.33%
TSE:AXL
Arrow Exploration Corp
0.63
0.38
152.00%
CGX Energy Corporate Events
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresLegal Proceedings
CGX Energy Posts Interim Results, Reshapes Board and Defends Guyana Assets
Negative
Aug 15, 2026
CGX Energy has filed its unaudited interim financial statements for the six months to June 30, 2026, and reported governance changes that include the resignation of director René Burgos and the appointment of Frontera Energy CFO Andrés S...
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.