Pennine Petroleum (PNN) AI Stock Analysis

• Market Cap: C$3.34M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 1.48
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: General
• Sector Strength: N/A
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): N/A
• Shares Outstanding: 60,730,263
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: -0.03
• Price to Book (P/B): -0.58
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.61
• 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: 27 Underperform
• Price Target: ―

The overall stock score reflects significant financial distress, with negative profitability and cash flow issues being the most critical factors. The bearish technical outlook and poor valuation further contribute to a low score. The absence of earnings call data and corporate events means these areas have no impact on the assessment.

Positive Factors

Business Model

The focus on advanced technologies and sustainable practices can enhance operational efficiency and align with global energy trends, potentially improving long-term competitiveness.

Strategic Partnerships

Strategic partnerships can provide access to new resources and technologies, enhancing exploration and production capabilities, which is crucial for long-term growth in the energy sector.

Industry Trends

Operating in the energy sector, particularly in oil and natural gas, positions Pennine Petroleum to benefit from ongoing global energy demand, supporting long-term revenue potential.

Negative Factors

Cash Flow Challenges

Consistently negative cash flows indicate inefficiency in operations and an inability to generate sufficient cash, threatening the company's ability to sustain operations long-term.

Balance Sheet Risk

Negative equity and high leverage signal financial distress, limiting access to capital and increasing the risk of insolvency, impacting long-term sustainability.

Financial Health

Negative margins and cash flows indicate financial instability, which can hinder operational capabilities and long-term viability, posing substantial risks to the business.

Pennine Petroleum Business Overview & Revenue Model

Company Description

Pambili Natural Resources Corporation engages in the evaluation, acquisition, exploration, and development of oil and gas properties in Western Canada. It also operates Happy Valley gold mine in Bulawayo, Zimbabwe. The company was formerly known as Pennine Petroleum Corporation and changed its name to Pambili Natural Resources Corporation in June 2022. Pambili Natural Resources Corporation was incorporated in 2001 and is headquartered in Calgary, Canada.

How the Company Makes Money

Pennine Petroleum makes money through the exploration and production of oil and natural gas, which are sold to various markets including domestic and international buyers. The company's revenue streams are primarily derived from the sale of crude oil, natural gas, and related by-products. Additionally, Pennine Petroleum may engage in strategic partnerships and joint ventures with other industry players to enhance its exploration and production capabilities, thereby increasing its revenue potential. Factors such as global oil prices, production efficiency, and operational costs significantly impact the company's earnings.

Pennine Petroleum Financial Statement Overview

Summary

Pennine Petroleum is facing severe financial difficulties, reflected in its negative margins, equity, and cash flows. The company's financial health is weak with high leverage and an inability to generate positive cash flow or profit, posing substantial viability risks.

Income Statement

Pennine Petroleum has consistently reported negative net income and EBIT, leading to negative profit margins. The TTM (Trailing-Twelve-Months) data shows a gross profit margin of -90.0%. Revenue growth is absent, with fluctuations in revenue figures across the years, indicating instability.

Balance Sheet

The company has a negative stockholders' equity, resulting in a debt-to-equity ratio that cannot be calculated in a conventional manner, indicating financial distress. The equity ratio is also negative due to accumulated losses surpassing assets. This balance sheet structure signals high financial risk.

Cash Flow

Operating and free cash flows have been consistently negative, pointing towards cash flow challenges. The operating cash flow to net income ratio is negative, showing inefficiency in converting sales into cash flows. Despite financing activities providing cash inflow, it is insufficient to cover operational needs.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	60.13K	0.00	0.00	279.00	14.75K	97.67K
Gross Profit	-54.07K	-64.86K	-61.02K	266.00	13.75K	93.70K
EBITDA	-1.63M	-692.38K	-645.61K	-38.50K	-270.81K	-371.99K
Net Income	-1.69M	-1.18M	-813.01K	-82.41K	-393.56K	-465.13K
Balance Sheet
Total Assets	2.95M	40.46K	402.08K	4.22K	2.70K	45.16K
Cash, Cash Equivalents and Short-Term Investments	124.77K	1.69K	12.47K	1.96K	928.00	1.86K
Total Debt	1.06M	731.52K	1.13M	640.84K	552.25K	512.25K
Total Liabilities	3.24M	1.74M	1.85M	1.26M	1.96M	1.61M
Stockholders Equity	-283.83K	-1.70M	-1.44M	-1.26M	-1.95M	-1.56M
Cash Flow
Free Cash Flow	-374.96K	-380.59K	-523.95K	-69.13K	-40.93K	-173.08K
Operating Cash Flow	-230.86K	-357.42K	-228.47K	-69.13K	-40.93K	-173.08K
Investing Cash Flow	-429.25K	-23.17K	-293.45K	0.00	0.00	0.00
Financing Cash Flow	782.62K	369.81K	532.44K	70.16K	40.00K	168.75K

Pennine Petroleum Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PNN, the sentiment is Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and above the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 77.74 is Negative, neither overbought nor oversold. The STOCH value of 200.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PNN.

Pennine Petroleum Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
CBV	54 Neutral	C$3.48M	-11.23	-10.75%	―	-19.02%	-352.70%
WCE	49 Neutral	C$3.35M	-3.54	-65.85%	―	-8.71%	-1376.92%
OIL	44 Neutral	C$2.67M	-0.33	-152.21%	―	172.92%	-92.61%
SQX	40 Underperform	C$2.48M	-4.55	―	―	―	-29.41%
PNN	27 Underperform	C$3.34M	-0.88	―	―	―	―