Journey Energy (JOY) AI Stock Analysis

• Market Cap: C$234.20M
• Dividend Yield: N/A
• Average Volume (3M): 106.55K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 1.67
• Revenue Growth: -1.47%
• EPS Growth: 267.04%
• Country: CA
• Employees: 36
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.06
• Shares Outstanding: 67,107,000
• 10 Day Avg. Volume: 155,090
• 30 Day Avg. Volume: 106,546
• PEG Ratio: -0.34
• Price to Book (P/B): 0.36
• Price to Sales (P/S): 0.58
• P/FCF Ratio: -16.57
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: C$3.00 ▼(-1.32% Downside)

Journey Energy's overall stock score is primarily influenced by its solid financial performance, characterized by strong revenue growth and profitability. However, technical analysis indicates bearish momentum, which is a significant risk factor. The valuation is moderate, but the lack of a dividend yield may deter some investors. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Low Leverage / Strong Equity

Conservative leverage and a strong equity base give Journey flexibility to fund drilling or cover cash shortfalls without stressing solvency. This balance sheet strength supports capital allocation and resilience through commodity cycles over the next several months.

High Margins

Robust gross and EBITDA margins indicate structural cost advantage or high-quality assets that retain cash from production. Sustained margins enable reinvestment, debt service, and buffer against price swings, supporting durable profitability and operations.

Operational / Environmental Focus

A stated focus on environmental responsibility and efficiency can reduce permitting friction, lower remediation costs, and strengthen stakeholder relationships. That lowers regulatory and social risk and aids steady project delivery and access to new opportunities over months.

Negative Factors

Negative Free Cash Flow Growth

Declining FCF and poor conversion of net income into free cash suggest Journey struggles to generate distributable cash from operations. This constrains capex funding, limits flexibility for buybacks or dividends, and increases reliance on external financing in the medium term.

Modest Return on Equity

A low ROE indicates limited efficiency in converting equity into returns, implying capital is not delivering strong growth. Over a 2–6 month horizon this can hinder organic expansion, make new investments less accretive, and pressure long-term shareholder value creation.

Limited Scale / Small Headcount

A very small workforce points to limited operational scale and potential concentration risks in expertise and execution capacity. Limited internal resources can constrain simultaneous development programs, slow responsiveness, and increase single-point failure risk over the medium term.

Journey Energy Business Overview & Revenue Model

Company Description

Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company was formerly known as Sword Energy Inc. and changed its name to Journey Energy Inc. in July 2012. Journey Energy Inc. was founded in 2007 and is headquartered in Calgary, Canada.

How the Company Makes Money

Journey Energy generates revenue primarily through the sale of crude oil and natural gas. The company extracts hydrocarbons from its various properties and sells them in the global energy market. Key revenue streams include production from established fields and the development of new drilling projects. Additionally, the company may engage in hedging activities to manage price volatility, which can contribute to its earnings stability. Strategic partnerships with other energy firms and service providers also play a role in optimizing operational efficiency and expanding market reach.

Journey Energy Financial Statement Overview

Summary

Journey Energy exhibits a generally positive financial performance with strong revenue growth and profitability metrics. The balance sheet is solid with low leverage and a strong equity position. However, cash flow challenges, particularly in free cash flow generation, present potential risks that need addressing to ensure long-term financial health.

Income Statement

Journey Energy shows a solid performance in its income statement with a consistent revenue growth rate of 6.7% TTM, indicating a positive trajectory. The gross profit margin of 52.1% TTM is robust, although it has decreased from previous years. The net profit margin of 8.4% TTM is healthy, reflecting profitability, but has room for improvement. EBIT and EBITDA margins are strong at 14.8% and 38.0% TTM, respectively, showing effective cost management.

Balance Sheet

The balance sheet of Journey Energy is stable with a low debt-to-equity ratio of 0.11 TTM, indicating conservative leverage. The return on equity is modest at 4.8% TTM, suggesting moderate efficiency in generating profits from shareholders' equity. The equity ratio of 59.6% TTM demonstrates a strong equity position, enhancing financial stability.

Cash Flow

Cash flow analysis reveals challenges with a negative free cash flow growth rate of -18.5% TTM, highlighting potential liquidity issues. The operating cash flow to net income ratio is 0.67 TTM, indicating adequate cash generation relative to net income. However, the free cash flow to net income ratio is negative, suggesting inefficiencies in converting income to free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	202.85M	204.04M	186.92M	235.58M	123.84M	67.91M
Gross Profit	125.27M	127.41M	38.90M	159.71M	81.99M	22.04M
EBITDA	77.89M	53.85M	67.86M	103.45M	46.74M	-3.31M
Net Income	19.86M	5.14M	15.82M	155.20M	99.13M	-56.62M
Balance Sheet
Total Assets	579.50M	585.38M	610.14M	639.20M	357.21M	287.67M
Cash, Cash Equivalents and Short-Term Investments	164.00K	8.21M	17.71M	31.40M	15.36M	6.59M
Total Debt	39.90M	54.64M	62.37M	110.37M	65.07M	83.17M
Total Liabilities	234.38M	258.84M	293.72M	354.52M	272.94M	307.50M
Stockholders Equity	345.12M	326.53M	316.41M	284.68M	84.28M	-19.82M
Cash Flow
Free Cash Flow	-15.18M	-7.11M	20.25M	4.89M	36.16M	4.50M
Operating Cash Flow	50.67M	35.62M	66.64M	106.62M	40.93M	11.61M
Investing Cash Flow	-53.77M	-38.78M	-42.04M	-102.20M	-6.75M	-11.27M
Financing Cash Flow	-10.76M	-6.35M	-38.29M	11.62M	-25.41M	6.26M

Journey Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:JOY, the sentiment is Negative. The current price of 3.04 is below the 20-day moving average (MA) of 3.35, below the 50-day MA of 3.41, and above the 200-day MA of 2.80, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 46.75 is Neutral, neither overbought nor oversold. The STOCH value of 31.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:JOY.

Journey Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HME	71 Outperform	C$197.77M	6.68	39.64%	8.04%	2.27%	3.61%
RBY	67 Neutral	C$250.85M	4.82	17.46%	―	74.76%	7.44%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BNE	59 Neutral	C$188.36M	-12.47	-2.67%	―	-9.55%	-154.04%
JOY	58 Neutral	C$234.20M	11.13	5.81%	―	-1.47%	267.04%
IPO	51 Neutral	C$436.52M	-45.14	-2.61%	12.70%	53.79%	-126.63%
PNE	49 Neutral	C$272.68M	-12.19	-43.41%	3.16%	-6.56%	-42.28%

Journey Energy Corporate Events

Journey Energy Issues Corrections to November Press Release

Journey Energy Inc. has issued corrections to its previous press release dated November 5, 2025. The corrected information includes the in-service date for the Gilby power generation asset, which is now set for 2026 instead of 2025, and the number of net Duvernay wells, which should be 1.2 instead of 2.8. These corrections are crucial for stakeholders to ensure accurate understanding of the company’s operational timelines and asset development plans.

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

Journey Energy Reports Strong Q3 2025 Results and Strategic Asset Divestments

Journey Energy Inc. reported its third-quarter 2025 financial results, highlighting a sales volume of 11,862 boe/d and an adjusted funds flow of $20.5 million. The company reduced its net debt by 8% and completed divestments of non-core assets, generating $3.2 million. Journey continues to progress on its Gilby power generation project, scheduled to start in early 2025, and is strategically selling non-core assets to fund its Duvernay growth opportunities, aiming for financial flexibility and a strong balance sheet.

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