Bengal Energy (BNG) AI Stock Analysis

• Market Cap: C$4.85M
• Dividend Yield: N/A
• Average Volume (3M): 28.86K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.61
• Revenue Growth: -10.31%
• EPS Growth: -576.92%
• Country: CA
• Employees: 5
• Sector: Energy
• Sector Strength: 44
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 485,304,230
• 10 Day Avg. Volume: 28,610
• 30 Day Avg. Volume: 28,865
• PEG Ratio: -0.16
• Price to Book (P/B): 0.70
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.62
• 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

• Rating: 44 Neutral
• Price Target: ―

Bengal Energy's overall stock score is affected primarily by its financial struggles, with persistent losses and negative cash flows posing significant risks. While the recent refinancing is a positive move, it is overshadowed by declining revenues and production challenges. Technical indicators are mixed, and the lack of valuation attractiveness further weighs down the score.

Bengal Energy Business Overview & Revenue Model

Company Description

Bengal Energy (BNG) is a Canadian-based oil and gas exploration and production company. The company primarily operates in the energy sector, focusing on the exploration, development, and production of oil and natural gas resources. Bengal Energy's core operations are concentrated in Australia, where it holds interests in several exploration permits and production licenses. The company's strategic approach involves leveraging its technical expertise and regional knowledge to identify and develop high-potential energy assets.

How the Company Makes Money

Bengal Energy makes money through the exploration, development, and production of oil and natural gas. Revenue is primarily generated by selling produced oil and gas at market prices. The company holds interests in various exploration and production licenses, allowing it to extract hydrocarbons and sell them to wholesalers, refiners, and other customers in the energy market. Key revenue streams include the sale of crude oil, natural gas, and condensates. Significant factors contributing to Bengal Energy's earnings include fluctuations in global oil and gas prices, production volumes, and operational efficiency. The company may also engage in strategic partnerships and joint ventures to enhance its exploration and production capabilities, although specific partnerships are not detailed here.

Bengal Energy Financial Statement Overview

Summary

Bengal Energy faces significant financial challenges with negative profit margins and cash flow issues. While the balance sheet shows low leverage and high equity, the overall financial health is compromised by persistent losses and declining revenue, posing a risk to long-term sustainability.

Income Statement

The company's gross profit margin in TTM is approximately 50.9%, indicating efficiency in production. However, the net profit margin is negative due to significant net losses, and the revenue has experienced a decline of about 5.5% from the previous year. EBIT and EBITDA margins are also negative, highlighting challenges in operational profitability.

Balance Sheet

The debt-to-equity ratio is low, suggesting lower financial leverage, which is positive. However, return on equity is negative due to net losses, impacting shareholder returns. The equity ratio is healthy at 80%, indicating financial stability.

Cash Flow

The company's free cash flow is negative, and there is a declining trend in operating cash flow. The operating cash flow to net income ratio is also negative, indicating cash inefficiencies relative to profitability.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	6.12M	6.48M	8.15M	7.65M	5.23M	8.10M
Gross Profit	3.12M	3.38M	6.48M	6.12M	3.59M	6.39M
EBITDA	-11.33M	-11.29M	1.96M	745.00K	6.17M	-219.00K
Net Income	-12.84M	-12.73M	703.00K	-374.00K	3.93M	-2.90M
Balance Sheet
Total Assets	33.56M	34.36M	49.70M	48.58M	44.25M	39.57M
Cash, Cash Equivalents and Short-Term Investments	702.00K	692.00K	795.00K	5.41M	4.53M	998.00K
Total Debt	1.67M	0.00	32.00K	68.00K	99.00K	17.90M
Total Liabilities	6.71M	6.66M	8.16M	6.66M	5.52M	22.63M
Stockholders Equity	26.85M	27.71M	41.53M	41.92M	38.73M	16.94M
Cash Flow
Free Cash Flow	-556.00K	-747.00K	-3.38M	-2.26M	-892.00K	-886.00K
Operating Cash Flow	-409.00K	-273.00K	2.11M	835.00K	301.00K	1.13M
Investing Cash Flow	-1.59M	228.00K	-6.71M	-4.06M	-680.00K	-2.76M
Financing Cash Flow	1.71M	-32.00K	-40.00K	4.12M	3.83M	-160.00K

Bengal Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BNG, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 27.37 is Positive, neither overbought nor oversold. The STOCH value of 133.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BNG.

Bengal Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VUX	71 Outperform	C$14.06M	2.79	34.63%	―	73.28%	―
CWV	55 Neutral	C$10.21M	2.00	19.73%	―	120.75%	―
Sector *	52 Neutral	C$2.91B	-0.97	-3.26%	6.23%	2.20%	-43.43%
PUL	51 Neutral	C$12.47M	―	-17.07%	―	27.55%	-500.00%
BNG	44 Neutral	C$4.85M	―	-16.16%	―	-10.31%	-576.92%
CEC	44 Neutral	C$8.46M	8.15	16.23%	―	―	―
TCF	43 Neutral	C$7.75M	―	-45.21%	―	-54.25%	-257.57%

Bengal Energy Corporate Events

Bengal Energy Secures Refinancing to Strengthen Financial Position

Bengal Energy Ltd. has announced a refinancing agreement for its joint venture payables loan with Texada Capital Management Ltd., controlled by Bengal’s director W. B. (Bill) Wheeler. The new Texada Loan, amounting to Cdn$1.7 million, will replace the existing loan and is expected to enhance Bengal’s financial position by reducing interest costs and maintaining financial flexibility for future growth. This strategic move reflects Bengal’s proactive approach to capital management and aims to deliver value to shareholders.

Bengal Energy Reports Lower Q3 Fiscal 2025 Revenues Amid Production Challenges

Bengal Energy reported its financial and operational results for the third quarter of fiscal 2025, noting a decrease in crude oil sales revenue by 11% compared to the previous year, largely due to a reduction in oil lifted volumes. Despite lower sales, the company managed to reduce its net loss from the previous year, aided by decreased royalties, operating expenses, and general and administrative costs. Production volumes also saw a significant drop, leading to Bengal investigating changes in production allocation by the Cuisinier operator. The company has delayed capital expenditures, contingent on securing financing.