NG Energy International (GASX) AI Stock Analysis

• Market Cap: C$237.26M
• Dividend Yield: N/A
• Average Volume (3M): 113.75K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.69
• Revenue Growth: 73.53%
• EPS Growth: 48.09%
• Country: CA
• Employees: 41
• Sector: Energy
• Sector Strength: 46
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): N/A
• Shares Outstanding: 257,894,350
• 10 Day Avg. Volume: 106,743
• 30 Day Avg. Volume: 113,746
• PEG Ratio: -0.84
• Price to Book (P/B): 3.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -572.81
• Enterprise Value/Market Cap: 0.83
• Enterprise Value/Revenue: 1.64
• Enterprise Value/Gross Profit: 8.82
• Enterprise Value/Ebitda: -15.35
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 56 Neutral
• Price Target: C$1.00 ▲(6.38%Upside)

NG Energy's strong corporate events and strategic initiatives are significant positives, but the overall score is tempered by ongoing profitability and cash flow challenges. The technical indicators suggest moderate stock momentum, but valuation concerns remain due to negative earnings.

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 generates revenue through the exploration, production, and sale of natural gas. The company monetizes its natural gas reserves by extracting and processing the gas, which is then sold to industrial, commercial, and residential customers. Key revenue streams include long-term supply contracts with utility companies, spot market sales, and partnerships with other energy firms for joint exploration and production initiatives. Additionally, the company may engage in strategic alliances and leverage its expertise in energy infrastructure to enhance its profitability.

NG Energy International Financial Statement Overview

Summary

NG Energy International shows strong revenue growth, with a 217% increase, but struggles with profitability and cash flow. Reduced leverage is a positive sign, yet negative margins and cash flow issues remain significant challenges.

Income Statement

The income statement shows significant revenue growth over the years, particularly from 2023 to 2024, with a 217% increase. However, profitability remains a challenge with consistent negative net income, resulting in a negative net profit margin. The EBIT and EBITDA margins are also negative, indicating operational inefficiencies. Despite revenue growth, the company struggles to convert it into profit.

Balance Sheet

The balance sheet reflects an improved equity position with a debt-to-equity ratio of 0.91 in 2024 compared to 8.14 in 2023, indicating reduced leverage and greater financial stability. However, the company still has substantial total debt, which poses a risk. The equity ratio has improved, suggesting better asset management, but overall profitability remains low as indicated by the negative ROE.

Cash Flow

The cash flow statement reveals challenges in generating positive free cash flow, although there is a notable improvement in operating cash flow in 2024. The free cash flow growth rate is negative, indicating ongoing issues in cash generation. The ratios of operating and free cash flow to net income are not favorable, reflecting inefficiencies in translating earnings into cash.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
38.21M	12.04M	1.77M	0.00	0.00
	Gross Profit
22.33M	4.54M	430.47K	-6.77K	-17.25K
	EBIT
-1.13M	-7.32M	-5.92M	-5.30M	-3.86M
	EBITDA
-31.30M	-423.42K	-4.90M	-5.28M	-3.84M
	Net Income Common Stockholders
-53.70M	-16.68M	-9.97M	-7.32M	-24.23M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.19M	1.29M	6.96M	5.85M	1.21M
	Total Assets
113.47M	106.86M	83.15M	23.15M	14.47M
	Total Debt
40.63M	82.18M	55.43M	2.99M	4.01M
	Net Debt
32.45M	80.89M	48.47M	-2.86M	2.80M
	Total Liabilities
68.65M	96.77M	67.64M	6.41M	7.81M
	Stockholders Equity
44.82M	10.09M	15.51M	16.73M	6.66M
Cash Flow		Free Cash Flow
-287.33K	-22.47M	-34.23M	-10.73M	-7.08M
	Operating Cash Flow
18.47M	-3.55M	-3.59M	-5.24M	-2.57M
	Investing Cash Flow
-23.60M	-23.79M	-28.31M	-5.93M	-4.04M
	Financing Cash Flow
12.58M	21.39M	33.56M	15.92M	6.36M

NG Energy International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.94
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 0.94 is above the 20-day moving average (MA) of 0.92, above the 50-day MA of 0.90, and below the 200-day MA of 0.98, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.04 is Neutral, neither overbought nor oversold. The STOCH value of 53.70 is Neutral, 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	76 Outperform	C$217.18M	8.97	20.38%	8.67%	-10.32%	-12.38%
IPO	61 Neutral	C$260.40M	28.38	1.69%	11.07%	-14.73%	-71.36%
Sector *	57 Neutral	$7.22B	3.11	-4.49%	5.63%	0.82%	-49.15%
GASX	56 Neutral	C$237.26M	―	-80.24%	―	73.53%	48.09%
PIFYF		$149.40M	―	-29.28%	10.34%	―	―
SEI	36 Underperform	C$199.45M	―	-46.55%	―	―	-104.32%
TETHF		$86.49M	―	-34.33%	―	―	―

NG Energy International Corporate Events

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.

NG Energy Reports Record Revenue and Strategic Advances in 2024

NG Energy International Corp. has announced the filing of its annual audited consolidated financial statements for the fiscal year ending December 31, 2024. The company reported a record annual revenue of US$38.2 million, a 218% increase from the previous year, and significant growth in its reserves and production capacity. The sale of a 40% working interest in the Sinu-9 Block for US$150 million has strengthened its operational capabilities and improved its balance sheet. Despite some production challenges at Maria Conchita, the company is on track to increase its production capacity significantly by Q3 2025.

NG Energy Achieves Strong Production at Sinu-9, Plans Expansion

NG Energy International Corp. announced successful production from its Magico-1X and Brujo-1X wells at the Sinu-9 site, achieving steady production volumes exceeding 10 MMcf/d. The company plans to increase production capacity to over 40 MMcf/d by early Q3 2025 with new equipment installations, positioning itself as a key player in Colombia’s natural gas market.

NG Energy Reports Significant Growth in Year-End Reserves

NG Energy International Corp. has announced a significant increase in its year-end reserves and resources for 2024, with notable growth in its 1P, 2P, and 3P reserves. This development is attributed to infrastructure advancements and favorable long-term natural gas price forecasts in Colombia. The company plans to enhance drilling activities in 2025, aiming to capitalize on the structural supply shortage and high natural gas prices in the region.

NG Energy Advances Operations Amid Rising Colombian Gas Prices

NG Energy International Corp. has announced significant operational advancements at its Sinu-9 Block and Maria Conchita projects. At Sinu-9, the company has commissioned a mobile plant and is expanding its processing capacity, while at Maria Conchita, it is addressing production challenges and planning to increase capacity. Additionally, the company has received an initial payment of $20 million from Etablissements Maurel & Prom S.A. for a 40% interest in Sinu-9, with the remaining payment contingent on certain conditions. These developments are set against a backdrop of rising natural gas prices in Colombia, driven by increased import dependency.