NG Energy International (GASX) AI Stock Analysis

• Market Cap: C$276.81M
• Dividend Yield: N/A
• Average Volume (3M): 132.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.31
• Revenue Growth: 17.26%
• EPS Growth: 65.00%
• Country: CA
• Employees: 41
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.04
• Shares Outstanding: 258,698,100
• 10 Day Avg. Volume: 119,501
• 30 Day Avg. Volume: 132,496
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: C$1.00
• Price Target Upside: -6.54% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 50 Neutral
• Price Target: C$1.00 ▼(-6.54% Downside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by negative profitability and high leverage. Technical analysis provides some positive momentum, but the valuation remains challenging with a negative P/E ratio. The absence of earnings call data and notable corporate events limits further insights.

NG Energy International Business Overview & Revenue Model

Company Description

NG Energy International Corp., an oil and gas company, engages in the acquisition, exploration, development, and exploitation of oil and natural gas assets in Colombia. It holds working interests in the SN-9 block, which covers an area of approximately 311,353 acres; the Maria Conchita block, covering an area of approximately 32,518 acres; and the Tiburon Block that covers an area of approximately 245,850 acres. The company was formerly known as NGX Energy International Corp. and changed its name to NG Energy International Corp. in November 2020. NG Energy International Corp. is headquartered in Vancouver, Canada.

How the Company Makes Money

NG Energy International makes money through the exploration, extraction, and sale of natural gas. The company's primary revenue stream comes from the sale of natural gas to both domestic and international markets. It engages in long-term contracts with utilities, industrial users, and other energy companies that require natural gas as a primary energy source. Additionally, NG Energy may form strategic partnerships and joint ventures with other energy firms to enhance its operational capacities and expand its market reach. Factors such as global energy prices, regional demand for natural gas, and successful exploration outcomes significantly contribute to its earnings.

NG Energy International Financial Statement Overview

Summary

NG Energy International faces significant financial challenges, including negative net profit margins, declining revenue, high leverage, and weak cash flow generation. These factors indicate a need for strategic improvements to stabilize and enhance financial performance.

Income Statement

NG Energy International shows a challenging financial position with negative net profit margins and declining revenue growth. The TTM data indicates a significant revenue decline of 66.3%, and the company has consistently reported negative EBIT and EBITDA margins, reflecting operational inefficiencies and profitability challenges.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, indicating significant leverage, which poses financial risk. The return on equity is negative, suggesting that the company is not generating returns for shareholders. However, the equity ratio is relatively stable, providing some balance sheet strength.

Cash Flow

Cash flow analysis highlights negative free cash flow and a low operating cash flow to net income ratio, indicating cash generation issues. Although there is some improvement in free cash flow growth, the overall cash flow position remains weak, with negative free cash flow to net income ratios.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	34.16M	38.21M	12.04M	1.77M	0.00	0.00
Gross Profit	17.76M	22.33M	4.54M	430.47K	-6.77K	-17.25K
EBITDA	-6.29M	5.19M	-423.00K	-7.01M	-5.28M	-3.84M
Net Income	-26.96M	-53.70M	-16.68M	-9.97M	-7.32M	-24.23M
Balance Sheet
Total Assets	171.44M	113.47M	106.86M	83.15M	23.15M	14.47M
Cash, Cash Equivalents and Short-Term Investments	4.96M	8.19M	1.29M	6.96M	5.85M	1.21M
Total Debt	86.96M	40.63M	82.18M	55.43M	2.99M	4.01M
Total Liabilities	140.03M	68.65M	96.77M	67.64M	6.41M	7.81M
Stockholders Equity	31.41M	44.82M	10.09M	15.51M	16.73M	6.66M
Cash Flow
Free Cash Flow	-10.74M	-287.33K	-22.47M	-34.23M	-10.73M	-7.08M
Operating Cash Flow	4.31M	18.47M	-3.55M	-3.59M	-5.24M	-2.57M
Investing Cash Flow	6.44M	-23.60M	-23.79M	-28.31M	-5.93M	-4.04M
Financing Cash Flow	-8.14M	12.58M	21.39M	33.56M	15.92M	6.36M

NG Energy International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GASX, the sentiment is Positive. The current price of 1.07 is above the 20-day moving average (MA) of 1.04, above the 50-day MA of 1.00, and above the 200-day MA of 0.97, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 59.39 is Neutral, neither overbought nor oversold. The STOCH value of 92.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GASX.

NG Energy International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALV	75 Outperform	C$254.19M	8.31	23.92%	7.93%	1.58%	71.76%
IPO	61 Neutral	C$350.08M	-83.43	―	12.15%	16.69%	-108.64%
TPL	56 Neutral	C$138.98M	-9.16	―	0.81%	-21.14%	-459.95%
GASX	50 Neutral	C$276.81M	―	-89.06%	―	17.26%	65.00%
PNE	49 Neutral	C$226.04M	-10.10	―	5.95%	-5.86%	-467.27%
SEI	36 Underperform	C$231.11M	-18.89	―	―	―	-16.61%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

NG Energy International Corporate Events

NG Energy Advances Drilling and Production at Key Sites

NG Energy International Corp. has announced the spudding of the Aruchara-4 well at Maria Conchita and an increase in production at Sinu-9 to 22 MMcf/d. The Aruchara-4 well aims to explore and develop multiple formations, with completion expected by September 2025. At Sinu-9, production is set to rise further with the installation of dew point handling equipment, and a twin pipeline project with INFRAES is underway to double transportation capacity, enhancing the company’s operational capabilities.

NG Energy Extends Warrant Expiry to 2027, Boosting Growth Prospects

NG Energy International Corp. has announced the extension of the expiry date for its November 2022 Warrants to November 30, 2027, as approved by the TSX Venture Exchange. This extension allows warrant holders to purchase common shares at an unchanged exercise price, potentially enhancing shareholder value and supporting the company’s growth trajectory in the natural gas sector.

NG Energy Acquires Minority Interests in Sinu-9, Strengthens Partnership with Maurel & Prom

NG Energy International Corp. has announced the acquisition of a 28% minority interest in the Sinu-9 block, in collaboration with Maurel & Prom. This acquisition will result in NGE holding a 39% working interest, while M&P will hold 61% and assume operatorship. The companies are preparing for a six-well exploration campaign expected to start in October 2025. Revised payment terms for the M&P transaction have been agreed upon, maintaining the total consideration at $150 million, with a structured payment plan. This consolidation is seen as a strategic move to strengthen partnerships and advance energy projects in Colombia.

The most recent analyst rating on (TSE:GASX) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on NG Energy International stock, see the TSE:GASX Stock Forecast page.

NG Energy Announces Operational Updates and Expansion Plans

NG Energy International Corp. has provided an operational update on its activities at the Sinu-9 and Maria Conchita sites. At Sinu-9, the company is currently producing over 12 MMcf/d of natural gas, with plans to increase this to a minimum of 15 MMcf/d by early July 2025. The company is also expanding its processing and compression capacity to 45-50 MMcf/d by Q3 2025 and constructing a twin pipeline to increase transportation capacity to 60 MMcf/d by Q1 2026. At Maria Conchita, the company is set to commence drilling the Aruchara-4 well in July 2025, aiming to boost production capacity to 28 MMcf/d by September 2025. Additionally, NG Energy plans to extend the expiry date of its outstanding warrants to November 30, 2027.

The most recent analyst rating on (TSE:GASX) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on NG Energy International stock, see the TSE:GASX Stock Forecast page.

NG Energy Reports Transformative Q1 2025 Results Amid Strategic Growth Initiatives

NG Energy International Corp. has reported its Q1 2025 financial results, highlighting a transformative period marked by the sale of a 40% working interest in the Sinu-9 field for $150 million, which has strengthened its balance sheet. The company has resumed production at Sinu-9 and is advancing infrastructure projects to increase capacity, despite facing operational challenges at Maria Conchita. The strategic partnership with Maurel & Prom and ongoing infrastructure enhancements position NG Energy for robust growth in the latter half of 2025, aiming to capitalize on Colombia’s tight natural gas market.

The most recent analyst rating on (TSE:GASX) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on NG Energy International stock, see the TSE:GASX Stock Forecast page.