Prairie Provident Resources (PPR) AI Stock Analysis

• Market Cap: C$42.04M
• Dividend Yield: N/A
• Average Volume (3M): 186.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.78
• Revenue Growth: -41.88%
• EPS Growth: -319.42%
• Country: CA
• Employees: 20
• Sector: Energy
• Sector Strength: 61
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.01
• Shares Outstanding: 1,401,334,700
• 10 Day Avg. Volume: 161,490
• 30 Day Avg. Volume: 186,972
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.18
• Price to Cash Flow (P/CF): 8.20
• P/FCF Ratio: 1.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall score reflects significant financial challenges, with negative margins and high leverage being major concerns. Despite positive technical indicators suggesting near-term price strength, the company's poor financial health and valuation concerns limit its attractiveness. The absence of earnings call data and corporate events further constrain the stock's potential.

Prairie Provident Resources Business Overview & Revenue Model

Company Description

Prairie Provident Resources (PPR) is a Calgary-based oil and gas exploration and production company. It operates primarily in the Western Canadian Sedimentary Basin, focusing on the development and production of crude oil and natural gas. PPR is dedicated to generating long-term value through its strategic asset base and operational expertise, emphasizing sustainable and efficient resource extraction.

How the Company Makes Money

Prairie Provident Resources generates revenue primarily through the exploration, development, and production of crude oil and natural gas. Its main revenue streams involve the sale of these hydrocarbons to various markets, leveraging established infrastructure to transport and deliver its products. PPR's earnings are influenced by commodity prices, production volumes, and operational efficiencies. Additionally, the company may engage in strategic partnerships and joint ventures to optimize resource extraction and revenue generation. Factors such as market demand, regulatory environment, and cost management play crucial roles in its financial performance.

Prairie Provident Resources Financial Statement Overview

Summary

The company faces significant financial challenges with declining revenues, negative profit margins, high leverage, and negative equity. Although there are some improvements in cash flow, these are not enough to mitigate the overall precarious financial health.

Income Statement

The income statement reflects declining revenue and profitability over recent periods. The TTM (Trailing-Twelve-Months) gross profit margin is negative, indicating cost challenges. Net profit margins have been consistently negative, reflecting ongoing losses. Revenue growth has been volatile, with a significant decline in the most recent period indicating a potential struggle in maintaining market competitiveness.

Balance Sheet

The balance sheet shows significant financial leverage with a negative stockholders' equity, indicating insolvency risk. The total debt remains high relative to equity, highlighting financial risk. The negative equity ratio further underscores the financial instability, pointing to potential challenges in meeting long-term obligations.

Cash Flow

Cash flow analysis reveals inconsistent free cash flow with recent improvements. Despite a positive operating cash flow in the TTM, the free cash flow remains negative, limiting flexibility. The operating cash flow to net income ratio suggests operational challenges, although recent improvements in investing cash flow might provide some relief.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
43.67M	67.93M	120.60M	84.42M	51.72M	97.89M
	Gross Profit
-3.28M	4.03M	30.93M	10.89M	-20.64M	-1.39M
	EBIT
-11.36M	-3.13M	23.62M	3.62M	-35.88M	-12.24M
	EBITDA
2.06M	15.70M	34.48M	44.61M	-43.23M	26.33M
	Net Income Common Stockholders
-22.44M	-20.12M	-2.40M	10.42M	-90.77M	-33.08M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.87M	1.83M	6.57M	1.85M	4.54M	2.87M
	Total Assets
337.73M	167.33M	223.13M	232.96M	220.32M	331.52M
	Total Debt
101.14M	77.77M	127.00M	112.21M	108.22M	121.24M
	Net Debt
99.28M	75.93M	120.43M	110.36M	103.68M	118.36M
	Total Liabilities
290.68M	210.22M	292.24M	299.52M	297.23M	317.95M
	Stockholders Equity
47.05M	-42.89M	-69.11M	-66.56M	-76.91M	13.58M
Cash Flow		Free Cash Flow
-2.36M	-11.37M	5.48M	-4.63M	6.42M	-4.94M
	Operating Cash Flow
35.00K	-10.65M	24.48M	9.68M	10.18M	4.38M
	Investing Cash Flow
21.13M	-562.00K	-20.48M	-11.49M	-4.98M	-13.51M
	Financing Cash Flow
-14.72M	6.58M	520.00K	-885.00K	-4.11M	7.97M

Prairie Provident Resources Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PPR, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and above the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.73 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PPR.

Prairie Provident Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CJ	74 Outperform	C$913.83M	8.39	11.78%	12.59%	3.79%	3.87%
IPO	66 Neutral	C$128.87M	13.62	3.24%	12.59%	-14.73%	-71.37%
SGY	64 Neutral	$508.48M	―	-6.80%	10.26%	-2.37%	-421.59%
OBE	58 Neutral	$473.79M	5.64	-12.89%	―	11.92%	-304.98%
Sector *	57 Neutral	$7.71B	4.16	-3.52%	8.32%	0.35%	-64.68%
PNE	47 Neutral	C$218.49M	―	-27.57%	10.05%	2.24%	-332.95%
PPR	42 Neutral	C$42.04M	―	57.68%	―	-41.88%	-319.42%

Prairie Provident Resources Corporate Events

Prairie Provident Reports Q3 2024 Results and Fundraising

Prairie Provident Resources reported a notable decrease in production and operating netback for the third quarter of 2024, primarily due to asset sales and market conditions. Despite these challenges, the company achieved a significant turnaround by posting a net income of $5.2 million, driven by financial gains. Additionally, Prairie Provident successfully closed a $12 million Rights Offering to fund its ongoing drilling and operational enhancement projects.