Pulse Oil Corp. (PUL) AI Stock Analysis

• Market Cap: C$9.35M
• Dividend Yield: N/A
• Average Volume (3M): 81.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.24
• Revenue Growth: -23.57%
• EPS Growth: -388.89%
• Country: CA
• Employees: 2
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 623,465,640
• 10 Day Avg. Volume: 56,820
• 30 Day Avg. Volume: 81,445
• PEG Ratio: -0.02
• Price to Book (P/B): 0.38
• Price to Sales (P/S): 1.74
• P/FCF Ratio: 4.75
• 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: 45 Neutral
• Price Target: C$0.02 ▼(-25.00% Downside)

The score is primarily weighed down by weak financial performance (large TTM losses and negative free cash flow) despite low leverage. Technicals are mixed but not strongly supportive, and valuation is constrained by a negative P/E with no dividend yield provided.

Positive Factors

Low leverage

A very low debt-to-equity ratio provides durable financial flexibility: it lowers fixed interest obligations, preserves borrowing capacity for drilling or development, and reduces bankruptcy risk. This balance-sheet cushion supports execution through cyclical oil & gas volatility.

Positive gross margin

A ~28% gross margin indicates underlying production economics are healthy at the cost-of-sales level. If management can control SG&A and overhead, the company has structural ability to regain operating profitability without needing major commodity or price shifts.

Positive operating cash flow (TTM)

Sustained positive operating cash flow shows core operations generate cash before capex, giving near-term funding for working capital and maintenance. It reduces immediate dependence on equity raises or new debt for operating needs if trends persist.

Negative Factors

Large TTM net losses

Very large trailing losses erode retained earnings and shareholders' equity, limiting reinvestment capacity and strategic optionality. Persistent negative net income undermines returns on capital, making it harder to self-fund growth or weather prolonged commodity dips.

Negative free cash flow

Negative free cash flow means capital spending and working-capital needs outstrip operational cash generation. Over time this forces external financing, which can dilute shareholders or increase leverage, constraining sustainable investment and growth execution.

Revenue decline & profitability volatility

Declining revenue and swings between profit and loss indicate inconsistent demand, production or cost control. Structural volatility reduces predictability of margins and cash flow, complicating planning and making long-term project financing and partner commitments riskier.

Pulse Oil Corp. Business Overview & Revenue Model

Company Description

Pulse Oil Corp. engages in the exploration and production of oil and natural gas projects in Alberta. It owns 100% interests in the Bigoray assets covering approximately 5,029 net acres of land in the Bigoray area of Alberta; and the Queenstown assets covering approximately 4,781.26 net acres of land in the Queenstown area of Alberta. The company was formerly known as Wolfpack Capital Corp. and changed its name to Pulse Oil Corp. in December 2016. Pulse Oil Corp. was incorporated in 2012 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Pulse Oil Corp. generates revenue through the production and sale of crude oil and natural gas. The company explores and develops oil and gas properties, extracting these resources and selling them to various markets, including refineries and other energy companies. Its key revenue streams include the sale of barrels of oil and cubic feet of natural gas. Additionally, Pulse Oil Corp. may engage in joint ventures and partnerships to expand its operations and resource base, potentially reducing operational risks and costs while increasing revenue opportunities. The company's financial performance is influenced by factors such as commodity prices, production volumes, and operational efficiency.

Pulse Oil Corp. Financial Statement Overview

Summary

Results are pressured by a sharp profitability deterioration (TTM net margin about -135% and operating losses) and negative free cash flow (about -$1.4M), partly offset by low leverage (debt-to-equity ~0.10) and positive operating cash flow (~$0.8M).

Income Statement

TTM (Trailing-Twelve-Months) results show a sharp deterioration in profitability: revenue fell ~8% and the company posted a very large net loss (net margin about -135%), with operating losses as well. While gross profit is still positive (~28% gross margin), the cost structure below gross profit is weighing heavily, and profitability has been volatile over time (profitable in 2021–2022, then sizeable losses in 2023, 2024, and TTM).

Balance Sheet

Leverage is low, which is a key strength: TTM debt-to-equity is ~0.10 and equity remains sizable relative to assets. That said, returns are currently weak, with negative return on equity in TTM (around -23%), reflecting ongoing losses and limiting balance-sheet efficiency despite the modest debt load.

Cash Flow

Cash generation is mixed. TTM operating cash flow is positive (~$0.8M), but free cash flow is negative (about -$1.4M), indicating reinvestment/capex or working-capital needs are outpacing cash generation. Cash flow performance has also been inconsistent across years (strongly positive free cash flow in 2024, negative in multiple other periods), increasing reliance on funding flexibility if losses persist.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.07M	5.38M	2.98M	5.73M	3.10M	965.84K
Gross Profit	1.14M	2.86M	1.18M	1.98M	450.22K	-988.69K
EBITDA	-3.65M	-2.44M	-36.17K	2.87M	2.21M	-2.47M
Net Income	-5.47M	-4.28M	-1.70M	1.58M	823.11K	-3.18M
Balance Sheet
Total Assets	30.97M	29.56M	28.72M	32.35M	20.02M	17.22M
Cash, Cash Equivalents and Short-Term Investments	398.04K	1.09M	227.97K	4.30M	145.60K	102.51K
Total Debt	2.39M	0.00	120.00K	120.00K	519.40K	120.00K
Total Liabilities	6.87M	5.10M	4.05M	6.11M	6.00M	5.50M
Stockholders Equity	24.10M	24.45M	24.67M	26.23M	14.02M	11.73M
Cash Flow
Free Cash Flow	-1.41M	1.97M	-2.62M	-2.56M	-1.56M	-149.20K
Operating Cash Flow	763.50K	2.24M	1.45M	3.24M	953.81K	-105.63K
Investing Cash Flow	-2.50M	-5.35M	-5.27M	-9.35M	-2.52M	-43.57K
Financing Cash Flow	1.85M	3.97M	-249.35K	10.26M	1.61M	-127.49K

Pulse Oil Corp. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PUL, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.51 is Neutral, neither overbought nor oversold. The STOCH value of 133.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PUL.

Pulse Oil Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BNG	49 Neutral	C$7.28M	-1.69	-16.45%	―	-32.11%	66.67%
WCE	46 Neutral	C$2.81M	-3.28	-65.85%	―	-8.71%	-1376.92%
PUL	45 Neutral	C$9.35M	-1.70	-20.40%	―	-23.57%	-388.89%
CEC	41 Neutral	C$9.59M	-3.09	-43.43%	―	―	-1150.00%
TCF	39 Underperform	C$4.16M	―	-73.96%	―	―	―
PNN	27 Underperform	C$3.34M	-0.88	―	―	―	―

Pulse Oil Corp. Corporate Events

Pulse Oil Corp. Expands Funding for Successful EOR Project

Pulse Oil Corp. has amended its loan Facility Agreements, increasing the total loan amount from $2.25 million to $4.25 million to further fund its Bigoray EOR project’s solvent injection program. The company has been injecting solvent into the Nisku D pool, resulting in a 20% increase in production at its Bigoray facility. The project is showing positive results, with improvements in oil quality and production rates, and Pulse remains optimistic about continued success as it monitors the program’s progress.