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Condor Energies
(TSX:CDR)
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Rating:51Neutral
Price Target:
C$4.00
▲(8.99% Upside)
Action:Reiterated
Date:07/18/26
The score is held back primarily by financial risk factors—ongoing net losses, sharply negative free cash flow, and increased leverage with thinner equity—despite improved operating margins and strong operating cash flow. Technicals are supportive due to a strong uptrend, but overbought signals temper the outlook. Valuation provides limited support given negative earnings and no dividend yield data.
Positive Factors
Operating Cash Generation
Sustained operating cash flow (~$24.1M TTM) demonstrates the core gas business is generating durable cash earnings. This strengthens operational liquidity, supports ongoing operations and working capital, and reduces sole reliance on external financing for routine cash needs while projects scale.
Negative Factors
Persistent Net Losses
Ongoing net losses and a negative TTM net margin (~-5.6%) erode retained earnings and limit internal capital accumulation. Continued net losses over multiple periods reduce equity build-up and constrain long-term financial resilience unless profitability at the net level turns positive.
Read all positive and negative factors
Positive Factors
Negative Factors
Operating Cash Generation
Sustained operating cash flow (~$24.1M TTM) demonstrates the core gas business is generating durable cash earnings. This strengthens operational liquidity, supports ongoing operations and working capital, and reduces sole reliance on external financing for routine cash needs while projects scale.
Read all positive factors
Condor Energies (CDR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$341.97M
Dividend YieldN/A
Average Volume (3M)47.69K
Price to Earnings (P/E)―
Beta (1Y)0.87
Revenue Growth13.39%
EPS Growth-82.66%
CountryCA
Employees230
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.10
Shares Outstanding86,355,450
10 Day Avg. Volume21,369
30 Day Avg. Volume47,694
Financial Highlights & Ratios
PEG Ratio2.54
Price to Book (P/B)11.09
Price to Sales (P/S)1.89
P/FCF Ratio-4.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.12
Revenue Forecast (FY)C$75.17M
Condor Energies Business Overview & Revenue Model
Company Description
Condor Energies Inc. is an oil and gas firm primarily involved in discovering, developing, and producing hydrocarbon resources across Turkey and Kazakhstan. It maintains full ownership of the Poyraz Ridge and Destan operating licenses, both locate...
How the Company Makes Money
null...
Condor Energies Financial Statement Overview
Summary
Income Statement
53
Neutral
Balance Sheet
41
Neutral
Cash Flow
46
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 76.56M | 69.54M | 66.63M | 552.00K | 3.61M | 883.00K |
| Gross Profit | 18.92M | 17.16M | 22.26M | -5.21M | 1.47M | -3.33M |
| EBITDA | 23.43M | 20.20M | 14.95M | -9.06M | -1.98M | -7.78M |
| Net Income | -7.26M | -4.21M | -4.07M | -11.39M | -3.06M | -11.33M |
Balance Sheet | ||||||
| Total Assets | 160.39M | 98.42M | 66.61M | 6.77M | 10.06M | 8.70M |
| Cash, Cash Equivalents and Short-Term Investments | 24.30M | 18.52M | 27.84M | 5.04M | 3.75M | 4.62M |
| Total Debt | 31.68M | 30.39M | 13.19M | 5.55M | 192.00K | 0.00 |
| Total Liabilities | 98.92M | 76.61M | 45.55M | 9.30M | 3.77M | 3.68M |
| Stockholders Equity | 47.61M | 11.86M | 13.33M | -2.53M | 6.30M | 5.02M |
Cash Flow | ||||||
| Free Cash Flow | -46.85M | -30.99M | -2.92M | -5.57M | -4.88M | -6.19M |
| Operating Cash Flow | 25.42M | 22.32M | 5.36M | -5.35M | -3.17M | -6.10M |
| Investing Cash Flow | -57.00M | -45.43M | -7.35M | -1.08M | -1.21M | -2.00M |
| Financing Cash Flow | 43.35M | 14.31M | 24.11M | 7.72M | 3.41M | 356.00K |
Condor Energies Technical Analysis
Positive
3.67
Price Trends
3.28
Positive
3.08
Positive
2.47
Positive
Market Momentum
0.21
Positive
59.86
Neutral
71.66
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CDR, the sentiment is Positive. The current price of 3.67 is below the 20-day moving average (MA) of 3.84, above the 50-day MA of 3.28, and above the 200-day MA of 2.47, indicating a bullish trend. The MACD of 0.21 indicates Positive momentum. The RSI at 59.86 is Neutral, neither overbought nor oversold. The STOCH value of 71.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CDR.
Condor Energies Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | C$134.38M | 10.44 | 29.87% | ― | 76.61% | ― | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | C$157.34M | 8.07 | 3.31% | ― | 2.06% | -6.00% | |
53 Neutral | C$202.71M | -96.56 | -4.63% | ― | 2.67% | 68.98% | |
51 Neutral | C$341.97M | -37.97 | -62.25% | ― | 13.39% | -82.66% | |
48 Neutral | C$122.25M | -1.69 | -93.98% | ― | 273.28% | -656.13% | |
48 Neutral | C$325.23M | -29.11 | -41.15% | ― | ― | -341.10% |
* Energy Sector Average
TSE:CDR
Condor Energies
3.96
2.30
138.55%
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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.