Logan Energy Corp (LGN) AI Stock Analysis

• Market Cap: C$416.10M
• Dividend Yield: N/A
• Average Volume (3M): 428.84K
• Price to Earnings (P/E): 17.3
• Beta (1Y): 0.87
• Revenue Growth: 42.95%
• EPS Growth: 4522.22%
• Country: CA
• Employees: 36
• Sector: Energy
• Sector Strength: 44
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.03
• Shares Outstanding: 577,917,850
• 10 Day Avg. Volume: 401,175
• 30 Day Avg. Volume: 428,844
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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$1.19
• Price Target Upside: 60.81% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 70 Outperform
• Price Target: C$1.00 ▲(35.14% Upside)

Logan Energy Corp's overall stock score is driven by strong technical indicators and positive corporate events, which highlight operational success and strategic growth. However, the high P/E ratio and cash flow challenges weigh on the valuation and financial performance, respectively.

Positive Factors

Insider Ownership

Insiders own approximately 20% of the company, which aligns their interests with growth-oriented investors.

Management and M&A

The company's management has a strong track record of M&A success and a capacity to generate meaningful shareholder value.

Operational Efficiency

The commissioning of the 4-19 facility was completed ahead of schedule and at a low cost of $37 million, demonstrating superior capital efficiency.

Negative Factors

Cost Management

PDP FD&A cost at $27.11/boe (recycle ratio ~0.7x).

Financial Performance

The PDP value created in 2024 was ~$106mn versus capital spending (net of A&D) of ~$212mn, meaning for every dollar spent, there was a loss of $0.50.

Logan Energy Corp Business Overview & Revenue Model

Company Description

Logan Energy Corp. engages in the acquisition, exploration, and production of oil and natural gas properties. The company holds interest in the Simonette and Pouce Coupe properties in northwest Alberta; and the Flatrock property in British Columbia. Logan Energy Corp. was incorporated in 2023 and is headquartered in Calgary, Canada.

How the Company Makes Money

Logan Energy Corp generates revenue primarily through the sale of hydrogen production systems and related technologies, which are designed to optimize hydrogen generation from renewable resources. The company also earns income from long-term contracts with industrial clients who require hydrogen for their operations. Additionally, Logan Energy Corp has formed strategic partnerships with government entities and private companies to collaborate on large-scale hydrogen projects, providing consulting and implementation services that contribute to its revenue streams. Grant funding and subsidies for renewable energy projects also play a significant role in bolstering the company's financial performance, as they support research and development initiatives aimed at enhancing product offerings and expanding market reach.

Logan Energy Corp Financial Statement Overview

Summary

Logan Energy Corp is experiencing revenue recovery and improved equity metrics. However, challenges exist with operational profitability and cash flow sustainability, particularly due to high capital expenditures.

Income Statement

Logan Energy Corp shows a positive gross profit margin for 2024, recovering from negative margins in 2023. However, the revenue growth rate from 2023 to 2024 reflects a significant increase, indicating a strong recovery trajectory. Despite this, the net profit margin remains low. EBITDA margin shows improvement, but EBIT is still at zero, highlighting challenges in operational profitability.

Balance Sheet

The company maintains a robust equity ratio, supported by significant stockholders' equity relative to total assets. The debt-to-equity ratio is low, suggesting conservative leverage. Return on equity has improved, indicating better utilization of shareholder funds. Overall, the balance sheet reflects financial stability with minimal debt risks.

Cash Flow

Operating cash flow covers net income well, suggesting efficient cash generation. However, the free cash flow is negative due to high capital expenditures, posing a liquidity challenge. Despite positive operating cash flow trends, the substantial free cash flow deficit indicates potential cash management issues.

Breakdown	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	113.87M	72.72M	127.86M
Gross Profit	62.70M	-5.65M	88.50M
EBITDA	50.91M	-4.07M	61.42M
Net Income	4.55M	-33.80M	39.40M
Balance Sheet
Total Assets	365.45M	234.64M	131.90M
Cash, Cash Equivalents and Short-Term Investments	324.00K	53.97M	-251.00K
Total Debt	1.30M	150.00K	251.00K
Total Liabilities	90.09M	60.52M	36.11M
Stockholders Equity	275.36M	174.12M	95.80M
Cash Flow
Free Cash Flow	-161.41M	-61.85M	59.47M
Operating Cash Flow	50.43M	23.95M	67.11M
Investing Cash Flow	-196.20M	-68.23M	-22.11M
Financing Cash Flow	92.10M	98.25M	-45.00M

Logan Energy Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LGN, the sentiment is Positive. The current price of 0.74 is above the 20-day moving average (MA) of 0.71, above the 50-day MA of 0.66, and above the 200-day MA of 0.67, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 60.53 is Neutral, neither overbought nor oversold. The STOCH value of 41.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LGN.

Logan Energy Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LGN	70 Outperform	C$416.10M	17.31	9.82%	―	42.95%	4522.22%
Sector *	56 Neutral	C$4.17B	2.02	16.25%	5.63%	10.63%	-51.09%
OBE	―	$384.62M	5.39	-14.03%	―	―	―
FECCF	―	$308.45M	28.91	0.67%	3.89%	―	―
TNZ	53 Neutral	C$522.28M	3.06	91.45%	―	65.41%	573.12%
OILSF	―	$352.95M	2.41	24.71%	―	―	―
CEI	50 Neutral	C$442.28M	―	-6.69%	―	41.39%	-61.36%

Logan Energy Corp Corporate Events

Logan Energy Corp Reports Record Production and Cash Flow in Q2 2025

Logan Energy Corp announced record production and cash flow for the second quarter of 2025, with a 20% increase in production from the first quarter and a 65% increase from the same period in 2024. The company achieved this growth through successful execution of its organic development program, including the completion of new wells and facilities. Logan reported significant improvements in operating netback and adjusted funds flow, with a notable increase in net income and comprehensive income. The company’s net debt stood at $107.9 million, with expectations for moderation in the second half of the year as capital expenditures were front-loaded.

The most recent analyst rating on (TSE:LGN) stock is a Buy with a C$1.85 price target. To see the full list of analyst forecasts on Logan Energy Corp stock, see the TSE:LGN Stock Forecast page.

Logan Energy Completes Pouce Coupe Facility and Sells Interest to Topaz Energy

Logan Energy Corp has completed the construction and commissioning of its Pouce Coupe Facility, which includes a gas plant, compressor station, and oil battery, along with associated pipelines. The company also finalized the sale of a 35% non-operated working interest in the facility to Topaz Energy Corp for $26 million, using the proceeds to reduce bank debt. This commissioning marks a significant milestone for Logan, enabling a substantial increase in production from its Pouce Coupe property, with expectations to more than double output by the second half of 2025, thus strengthening its position in the industry.

The most recent analyst rating on (TSE:LGN) stock is a Buy with a C$1.85 price target. To see the full list of analyst forecasts on Logan Energy Corp stock, see the TSE:LGN Stock Forecast page.

Logan Energy Corp Reports Strong Q1 2025 Results and Expands Credit Facilities

Logan Energy Corp announced its first quarter 2025 results, highlighting a 42% increase in production compared to the previous year and a 62% rise in adjusted funds flow. The company has increased its credit capacity to $150 million and reported strong initial well performance, particularly with the completion of its first Duvernay oil well. Logan also advanced the construction of the Pouce 4-19 Facility, which is expected to enhance its operational capabilities. These developments are likely to strengthen Logan’s market position and provide potential benefits to stakeholders through improved financial metrics and expanded operational capacity.

The most recent analyst rating on (TSE:LGN) stock is a Buy with a C$1.85 price target. To see the full list of analyst forecasts on Logan Energy Corp stock, see the TSE:LGN Stock Forecast page.