FEC Resources (FECOF) AI Stock Analysis

• Market Cap: $1.46M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): -0.64
• Revenue Growth: N/A
• EPS Growth: -100.00%
• Country: US
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): N/A
• Shares Outstanding: 861,082,400
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: -0.12
• Price to Book (P/B): 0.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.33
• Enterprise Value/Market Cap: 2.51
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: -22.95
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 34 Underperform
• Price Target: ―

FEC Resources' overall stock score is primarily impacted by its weak financial performance, with persistent losses and zero revenue generation being the most significant factors. The lack of technical indicators and poor valuation metrics further contribute to the low score. Additionally, the absence of guidance or sentiment from the latest earnings call adds uncertainty. Overall, substantial operational and financial improvements are necessary to enhance the company's standing.

FEC Resources Business Overview & Revenue Model

Company Description

FEC Resources Inc. engages in the exploration and development of oil and gas properties in the Philippines. The company, through its 6.8% interest in Forum Energy Limited, primarily owns a 70% interest in the GSEC101 offshore license covering an area of approximately 10,360 square kilometers located to the north west of the Philippine Island of Palawan. FEC Resources Inc. was incorporated in 1982 and is headquartered in Vancouver, Canada.

How the Company Makes Money

FEC Resources generates revenue primarily through its investments and holdings in oil and gas exploration projects. The company earns income from its equity interests in exploration ventures, which can include royalties, dividends, and capital gains from successful projects. FEC Resources may partner with other energy companies or investors to fund and develop its exploration activities, sharing both the risks and potential financial returns. Additionally, the company's earnings are influenced by oil and gas market prices, exploration success rates, and effective management of its asset portfolio.

FEC Resources Financial Statement Overview

Summary

FEC Resources faces substantial financial challenges, with consistent losses and no revenue generation. The balance sheet shows a strong equity position, but liabilities are rising. Cash flow issues remain a critical concern, with negative operating cash flows and reliance on financing to meet cash needs.

Income Statement

FEC Resources has consistently reported zero revenue, resulting in negative EBIT and net income over the years. The inability to generate revenue combined with increasing losses highlights significant challenges in the company's operational and market strategy.

Balance Sheet

The company has a robust equity base relative to its total assets, indicating a strong equity ratio and a relatively low debt-to-equity ratio. However, the total assets have been fluctuating, and the liabilities have increased significantly, posing potential risks to financial stability.

Cash Flow

Operating cash flow is consistently negative, indicating cash outflows from operations. While there have been inflows from financing activities, the lack of free cash flow growth and negative operating cash flow pose concerns over sustainable cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	-205.00
EBITDA	-160.21K	-181.35K	-25.37K	-178.00K	-169.00K	-182.51K
Net Income	-217.44K	-244.44K	-192.00K	-193.00K	-168.00K	-187.05K
Balance Sheet
Total Assets	9.65M	8.58M	2.48M	2.28M	2.18M	2.38M
Cash, Cash Equivalents and Short-Term Investments	32.48K	5.76K	7.41K	13.07K	114.00K	181.24K
Total Debt	826.65K	895.64K	678.15K	289.26K	0.00	0.00
Total Liabilities	882.85K	937.24K	695.20K	304.62K	13.32K	42.73K
Stockholders Equity	8.76M	7.65M	1.78M	1.98M	2.17M	2.34M
Cash Flow
Free Cash Flow	-120.84K	-156.94K	-158.16K	-180.93K	-191.80K	-271.67K
Operating Cash Flow	-120.84K	-156.94K	-158.16K	-180.93K	-191.80K	-271.67K
Investing Cash Flow	-202.15K	0.00	-204.00K	-198.62K	124.56K	-347.14K
Financing Cash Flow	346.10K	155.29K	356.50K	278.62K	0.00	757.50K

FEC Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
XOM	79 Outperform	$486.95B	16.19	11.81%	3.51%	-3.79%	-15.46%
MXC	72 Outperform	$19.03M	11.61	9.15%	1.09%	13.06%	45.64%
SPLP	71 Outperform	$819.23M	4.27	22.29%	―	5.04%	7.61%
GTE	49 Neutral	$153.87M	-2.34	-16.70%	―	-5.53%	-216.84%
FECOF	34 Underperform	$1.46M	―	-4.43%	―	―	-100.00%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%