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Nextraction Energy Corp. (NXTFF)
OTHER OTC:NXTFF
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Nextraction Energy
(OTC:NXTFF)
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Rating:28Underperform
Price Target:―
Nextraction Energy faces significant financial challenges with no operational revenue and high leverage, leading to a low financial performance score. The lack of data for technical analysis and a high P/E ratio contribute to a low overall stock score, indicating poor investment prospects.
Nextraction Energy (NXTFF) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.25K
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)27.5
Beta (1Y)22.61
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryShell Companies
Share Statistics
EPS (TTM)0.00
Shares Outstanding42,462,406
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.13K
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda5.95
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Nextraction Energy Business Overview & Revenue Model
Company DescriptionNextraction Energy Corp. does not have significant operations. Previously, the company was engaged in the petroleum and natural gas operations. Nextraction Energy Corp. was incorporated in 1984 and is based in Vancouver, Canada.
How the Company Makes MoneyNextraction Energy makes money primarily through the sale of oil and natural gas extracted from its exploration and production activities. The company generates revenue by selling these commodities to refineries and other energy companies. Key revenue streams include the direct sale of produced hydrocarbons and potential joint ventures or partnerships that enhance resource extraction efficiency. Market prices for oil and natural gas, along with production volumes, significantly influence the company's earnings. Additionally, strategic acquisitions or asset development projects can contribute to its revenue growth.
Nextraction Energy Financial Statement Overview
Summary
Nextraction Energy's financial health is critically challenged with no revenue generation and negative equity. High leverage and negative cash flows indicate financial instability. The reliance on external financing highlights sustainability concerns in the absence of operational revenue.Income Statement
The company has consistently reported zero revenue across all periods, indicating no operational income. Despite a positive net income in the TTM period, this is not supported by revenue, making the profit margins irrelevant. The high volatility in EBIT and EBITDA with no revenue suggests instability.10
Very Negative
Balance Sheet
The balance sheet is weak with a negative stockholders' equity, indicating insolvency risk. The debt-to-equity ratio is unfavorable due to negative equity, and the equity ratio is also negative, showing extreme leverage. No positive signs of financial stability are evident.15
Very Negative
Cash Flow
Cash flow statements show consistent negative free cash flow, reflecting poor cash management and operational inefficiencies. The company has been unable to generate positive operating cash flow, further exacerbating financial risks. Financing activities are the primary source of cash inflow, indicating dependency on external financing.20
Very Negative
| Breakdown | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 5.11K | 726.58K | -52.55K | -90.68K | -71.03K |
| Net Income | -22.21K | 271.14K | -828.00K | -681.00K | -322.00K |
Balance Sheet | |||||
| Total Assets | 765.00 | 4.70K | 12.39K | 17.10K | 18.66K |
| Cash, Cash Equivalents and Short-Term Investments | 92.00 | 4.31K | 11.80K | 13.25K | 14.17K |
| Total Debt | 6.52M | 6.51M | 6.44M | 6.38M | 6.31M |
| Total Liabilities | 12.34M | 12.32M | 12.60M | 11.78M | 11.10M |
| Stockholders Equity | -12.34M | -12.32M | -12.59M | -11.76M | -11.08M |
Cash Flow | |||||
| Free Cash Flow | -21.72K | -77.26K | -60.38K | -72.92K | -69.43K |
| Operating Cash Flow | -21.72K | -77.26K | -60.38K | -72.92K | -69.43K |
| Investing Cash Flow | 500.00 | 0.00 | -500.00 | 8.47K | 0.00 |
| Financing Cash Flow | 17.50K | 63.17K | 60.00K | 72.00K | 80.78K |
Nextraction Energy Peers Comparison
Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Performance Comparison
NXTFF
Nextraction Energy
―
―
―
NETD
Nabors Energy Transition Corp. II Class A
11.32
0.64
5.99%
ANSC
Agriculture & Natural Solutions Acquisition Corporation Class A
10.93
0.57
5.50%
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.