CGX Energy (OYL) AI Stock Analysis

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CGX Energy

(TSXV:OYL)

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Rating:42Neutral

Price Target:CAD 0.20▲(3.68% Upside)

Action:upgraded

Date:11/06/26

Lowest score driven primarily by severely weak financial performance including large losses and negative equity; mixed technical signals and poor valuation metrics offer minimal offset.

Positive Factors

Strategic offshore portfolio and partnershipsExposure to a prospective offshore basin gives CGX Energy a focused platform for exploration-led growth. Operated and non-operated interests, combined with partnerships involving larger industry operators, can provide access to technical capabilities and support project advancement over multiple quarters.

Negative Factors

Declining revenue trendA roughly 19.6% TTM revenue decline indicates weakening near-term commercial traction and reduces the base available to absorb exploration and corporate costs. Unless the trend reverses, lower revenue can prolong losses and make future operating progress more dependent on new projects.

CGX Energy (OYL) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 64.32M
Dividend Yield: ―
Average Volume (3M): 47.11K
Price to Earnings (P/E): -2.2
Beta (1Y): 1.61
Revenue Growth: 957.78%
EPS Growth: -2905.77%
Country: Canada
Employees: 767
Sector: General
Sector Strength: 55
Industry: Oil & Gas Exploration & Production

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 prospectin...

CGX Energy Financial Statement Overview

Summary

Weak TTM results with $419k revenue offset by $20.4M net loss, negative equity of $16.6M, and persistent negative operating cash flow of $3.2M highlight severe financial distress.

Income Statement

12Very Negative

Balance Sheet

8Very Negative

Cash Flow

22Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	418.91K	563.24K	53.15K	0	0	0
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	1.90M	0	0	0	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	1.16M	34.92M	78.87M

CGX Energy Technical Analysis

Technical Analysis SentimentNegative

Last Price0.19

Price Trends

50DMA0.20Negative

100DMA0.21Negative

200DMA0.22Negative

Market Momentum

MACD-0.00Negative

RSI47.87Neutral

STOCH22.22Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:OYL, the sentiment is Negative. The current price of 0.19 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.20, and below the 200-day MA of 0.22, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 47.87 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:OYL.

CGX Energy Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:OYL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:AXL	79Outperform	CAD 165.80M	8.05	25.34%	―	15.49%	44.88%
TSE:TXP	68Neutral	CAD 81.61M	2.96	13.02%	―	9.61%	1283.78%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:ROK	55Neutral	CAD 64.55M	-7.11	-10.06%	―	-15.65%	-243.42%
TSE:OYL	42Neutral	CAD 65.34M	-2.21	177.48%	―	957.78%	-2905.77%
TSE:PPR	37Underperform	CAD 14.03M	-0.07	18.82%	―	-6.45%	33.79%

* General Sector Average

Performance Comparison

TSE:OYL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:OYL	CGX Energy	0.19	0.05	31.03%
TSE:TXP	Touchstone Exploration (OTC)	0.17	0.05	40.00%
TSE:ROK	Rok Resources Inc.	0.31	0.08	37.78%
TSE:PPR	Prairie Provident Resources, Inc.	0.30	-0.30	-49.92%
TSE:AXL	Arrow Exploration Corp	0.63	0.42	200.00%

CGX Energy Corporate Events

Private Placements and Financing

CGX Energy Extends US$2.5 Million Loan Facility to 2027

Neutral

Nov 3, 2026

CGX Energy is a Canadian company that owns and operates the Berbice River Port and related logistics facilities in Guyana, while managing oil and gas interests in the Guyana-Suriname Basin. Its operations span energy and logistics markets supporting...

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 Sarmiento to i...

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.

Date of analysis: Nov 06, 2026

CGX Energy AI Stock Analysis