Waskahigan Oil & Gas Corp. (WOGC) AI Stock Analysis

Waskahigan Oil & Gas Corp.

(CNQX:WOGC)

Select Model

Rating:41Neutral

Price Target:CAD 0.22▲(120.00% Upside)

Action:reiterated

Date:01/24/26

The score is primarily constrained by very weak financial performance (losses, negative equity, and negative cash flows). Technical indicators are mixed with bearish momentum (negative MACD), and while the P/E is low, valuation support is limited without dividends and amid substantial financial stress.

Positive Factors

Industry ExposureOperating in Oil & Gas E&P provides durable exposure to global energy demand and commodity cycles. For distressed E&P firms, underlying hydrocarbon assets can retain recovery or sale value, supporting multi-month restructuring or asset‑sale paths to preserve enterprise value.

Negative Factors

Negative Shareholders' EquityNegative shareholders' equity—liabilities exceeding assets—is a structural solvency concern. It limits borrowing capacity, increases creditor and covenant risk, and typically necessitates restructuring, asset sales, or dilutive recapitalization to restore balance‑sheet viability over months.

Waskahigan Oil & Gas Corp. (WOGC) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 342.31K
Dividend Yield: ―
Average Volume (3M): 4,032
Price to Earnings (P/E): -2.2
Beta (1Y): 0.95
Revenue Growth: -100.00%
EPS Growth: -159.92%
Country: Canada
Employees: 0
Sector: Energy
Sector Strength: 65
Industry: Oil & Gas Exploration & Production

Waskahigan Oil & Gas Corp. Business Overview & Revenue Model

Company Description

Waskahigan Oil & Gas Corp. operates as a junior enterprise specializing in the discovery and production of petroleum and natural gas deposits throughout western Canada. The company's core assets are primarily situated in the vicinity of Fox Creek, Al...

Waskahigan Oil & Gas Corp. Financial Statement Overview

Summary

Financials indicate severe weakness: declining revenue, negative gross margins, ongoing losses (negative EBIT/EBITDA), negative shareholder equity (liabilities exceed assets), and negative operating/free cash flow suggesting liquidity and sustainability risk.

Income Statement

20Very Negative

Balance Sheet

15Very Negative

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Dec 2021	Dec 2020
Income Statement
Total Revenue	0	463.90K	866.49K	1.21M	1.04M	0
Gross Profit	0	-6,765	100.28K	167.60K	338.06K	-579
EBITDA	-10.38K	-400.00K	26.90K	-25.84K	177.52K	-19.74K
Net Income	-10.38K	-467.67K	-195.19K	-129.90K	-109.04K	-20.32K
Balance Sheet
Total Assets	17.00K	2.78M	2.64M	2.93M	2.99M	127.86K
Cash, Cash Equivalents and Short-Term Investments	15.20K	95.44K	54.69K	69.53K	32.22K	0
Total Debt	20.11K	1.29M	1.14M	1.10M	1.09M	0
Total Liabilities	67.54K	3.27M	2.66M	2.76M	2.61M	423.50K
Stockholders Equity	-50.54K	-489.91K	-22.24K	172.95K	381.15K	-295.64K
Cash Flow
Free Cash Flow	-4,800	-182.04K	-139.16K	124.40K	-22.74K	-19.74K
Operating Cash Flow	-4,804	-182.04K	-139.16K	124.40K	-16.77K	-19.74K
Investing Cash Flow	0	17.49K	-6,840	89.22K	459	0
Financing Cash Flow	20.00K	109.86K	61.97K	-162.09K	34.31K	0

Waskahigan Oil & Gas Corp. Technical Analysis

Technical Analysis SentimentNegative

Last Price0.10

Price Trends

50DMA0.12Negative

100DMA0.12Negative

200DMA0.19Negative

Market Momentum

MACD-0.00Positive

RSI19.12Positive

STOCH-0.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WOGC, the sentiment is Negative. The current price of 0.10 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.12, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 19.12 is Positive, neither overbought nor oversold. The STOCH value of -0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WOGC.

Waskahigan Oil & Gas Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

TSE:WOGC against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
TSE:WCE	54Neutral	CAD 6.09M	22.03	24.45%	―	50.89%	―
TSE:WOGC	41Neutral	CAD 3.20M	-2.15	157.69%	―	-100.00%	-159.92%
TSE:VIK	41Neutral	CAD 1.15M	-0.05	67.87%	―	37.48%	31.18%
TSE:PNN	27Underperform	CAD 3.34M	-1.16	74.77%	―	―	―

* Energy Sector Average

Performance Comparison

TSE:WOGC and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:WOGC	Waskahigan Oil & Gas Corp.	0.10	-0.14	-58.33%
TSE:PNN	Pennine Petroleum	0.06	0.00	0.00%
TSE:WCE	Wescan Energy	0.14	0.06	80.00%
TSE:GTOO	G2 Energy Corp.	0.10	0.00	0.00%
TSE:VIK	Petro Viking Energy Inc.	0.01	-0.01	-50.00%

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: Jan 24, 2026

Waskahigan Oil & Gas Corp. AI Stock Analysis