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Prospera Energy Inc
(PEI)
Prospera Energy Inc (PEI) vs. iShares MSCI Canada ETF (EWC)
Prospera Energy Inc Business Overview & Revenue Model
Prospera Energy Inc Earnings Call Summary
Prospera Energy Inc Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 17.37M | 11.82M | 13.90M | 4.41M | 3.28M | 7.94M | Gross Profit |
| 6.03M | 3.36M | 9.93M | 3.36M | 1.87M | 5.59M | EBIT |
| -1.46M | -4.24M | 778.20K | 2.89M | -11.62M | -799.98K | EBITDA |
| 1.37M | -571.80K | 2.13M | 3.34M | -10.45M | 1.07M | Net Income Common Stockholders |
| -4.70M | -5.17M | -209.86K | 4.35M | -11.73M | -93.87K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 177.62K | 118.93K | 1.05M | 281.52K | 153.39K | 469.43K | Total Assets |
| 11.35M | 49.17M | 35.81M | 26.13M | 5.48M | 15.62M | Total Debt |
| 4.92M | 9.54M | 4.24M | 7.73M | 1.58M | 2.41M | Net Debt |
| 4.74M | 9.42M | 3.19M | 7.44M | 1.42M | 1.94M | Total Liabilities |
| 18.73M | 47.97M | 42.01M | 38.92M | 24.12M | 22.64M | Stockholders Equity |
| -7.38M | 1.20M | -6.20M | -12.78M | -18.64M | -7.02M |
| Cash Flow | Free Cash Flow | ||||
| -11.72M | -14.17M | -2.15M | -6.25M | 608.06K | 1.26M | Operating Cash Flow |
| 321.52K | 1.24M | 5.34M | -5.47M | 632.00K | 1.30M | Investing Cash Flow |
| -12.06M | -15.42M | -7.92M | -776.49K | -23.03K | -55.45K | Financing Cash Flow |
| 14.88M | 13.24M | 3.35M | 6.38M | -925.00K | -949.45K |
Prospera Energy Inc Technical Analysis
Prospera Energy Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | C$12.40M | 2.54 | 34.63% | ― | 73.28% | ― | |
57 Neutral | $7.22B | 3.15 | -4.49% | 5.63% | 0.82% | -49.15% | |
55 Neutral | C$10.21M | 2.00 | 19.73% | ― | 120.75% | ― | |
51 Neutral | C$9.35M | ― | -17.07% | ― | 27.55% | -500.00% | |
44 Neutral | C$13.04M | ― | -379.86% | ― | 19.99% | -20.39% | |
44 Neutral | C$8.46M | 8.15 | 16.23% | ― | ― | ― | |
29 Underperform | C$10.26M | ― | -17.24% | ― | ― | 67.60% |
Prospera Energy Inc Corporate Events
Prospera Energy Inc. has secured $3 million in financing, primarily from company insiders, to support its capital program and operational plans, indicating strong internal confidence in its strategic direction. The company is advancing its operations with well workovers, infrastructure upgrades, and a polymer flood pilot site, alongside a significant acquisition of White Tundra Petroleum to expand its asset base, all of which are expected to bolster production and enhance liquidity.
Prospera Energy Inc. has announced a non-brokered private placement aiming to raise up to $2,000,000 through convertible debentures, with the proceeds intended for well reactivation, production optimization, strategic acquisitions, and working capital. The company is also working on consolidating its balance sheet to enhance capital flexibility and has mobilized a service rig for a multi-well program to increase production. Additionally, Prospera is advancing a polymer flood pilot project and has secured a seasonal sales agreement to improve netbacks.
Prospera Energy Inc. announced its 2024 financial results, highlighting a strategic transformation under new leadership aimed at reactivating existing wells in Saskatchewan. This shift is expected to enhance production reliability and financial stability, leading to increased access to financing and improved financial performance in 2025. The company reported a significant increase in sales revenue, production, and reserves, alongside successful acquisitions and financing efforts, indicating a strengthened market position.
Prospera Energy Inc. reported a steady increase in production, averaging 863 boe/d with a peak of 957 boe/d in April, driven by ongoing well optimization and recent infrastructure upgrades. The company benefits from favorable pricing conditions for heavy oil, enhancing revenue and supporting strategic capital reallocation into high-impact projects. Infrastructure improvements at the Cuthbert property and production growth at the Hearts Hill and Luseland pools highlight Prospera’s focus on efficiency and market diversification.
Prospera Energy Inc. has announced key leadership changes, with Shubham Garg taking on the role of Interim CEO and Christopher Moore joining the Board of Directors. These appointments are expected to enhance the company’s strategic direction and governance, aligning leadership with shareholder interests. Additionally, Prospera has amended its promissory note to increase its principal amount, reflecting its commitment to financial flexibility amid market volatility. The company is also adapting its operations strategy to manage uncertainties in oil prices and potential tariffs, while reporting significant production increases at its Luseland property following recent management changes.
Prospera Energy Inc. has released its monthly operations update, highlighting key production trends and strategic advancements. The company reported an average production of 773 boe/d in March, with significant developments in its Hearts Hill and Luseland workover programs, which have improved production efficiency and reservoir performance. Despite temporary setbacks due to pipeline issues, Prospera is optimizing its operations with pipeline upgrades and enhanced production techniques. The company has also made progress in regulatory compliance and governance, strengthening its business structure and increasing its net asset value and lending capacity.
Prospera Energy Inc. has announced several strategic updates, including the completion of 32 workovers and reactivations in Q1 2025, and the closing of a 10% working interest acquisition in key properties. The company also amended warrant terms, granted stock options, and settled debt through share issuance, which could enhance its financial flexibility and operational capabilities.