Petro Viking Energy (VIK) AI Stock Analysis

• Market Cap: C$1.13M
• Dividend Yield: N/A
• Average Volume (3M): 13.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.31
• Revenue Growth: -71.09%
• EPS Growth: -305.59%
• Country: CA
• Employees: 3
• Sector: Energy
• Sector Strength: 53
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): N/A
• Shares Outstanding: 226,490,950
• 10 Day Avg. Volume: 13,569
• 30 Day Avg. Volume: 13,569
• PEG Ratio: -0.06
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.51
• 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

• Rating: 38 Underperform
• Price Target: ―

The overall stock score for Petro Viking Energy is low due to significant financial challenges, including declining revenue, negative profitability, high leverage, and poor cash flow generation. The lack of technical analysis data and earnings call insight further limits the evaluation, while the negative P/E ratio and absence of a dividend yield suggest an unattractive valuation.

Petro Viking Energy Business Overview & Revenue Model

Company Description

Avila Energy Corporation, an integrated energy company, engages in the development, exploration, and production of oil and natural gas in Canada. It holds a 50% non-operating interest in an oil and gas producing property that covers an area of approximately 7,680 acres located in the West Central Alberta. The company was formerly known as Petro Viking Energy Inc. and changed its name to Avila Energy Corporation in December 2021. Avila Energy Corporation is based in Calgary, Canada.

How the Company Makes Money

Petro Viking Energy makes money through the exploration, extraction, and sale of oil and gas resources. The company's primary revenue streams include the direct sale of crude oil and natural gas to refineries and distributors. Additionally, Petro Viking may engage in strategic partnerships or joint ventures to enhance exploration efforts, share costs, and access additional markets. The company's earnings are significantly influenced by global oil prices, production volumes, and operational efficiency. Investments in technology and infrastructure to improve extraction processes also play a critical role in maintaining and increasing profitability.

Petro Viking Energy Financial Statement Overview

Summary

Petro Viking Energy is facing significant financial challenges across all major areas. The income statement shows declining revenues and negative profitability metrics. The balance sheet indicates high leverage and weak equity positioning, while cash flow analysis reveals liquidity constraints and poor cash generation. The company needs strategic restructuring to improve financial health and operational efficiency.

Income Statement

Petro Viking Energy's income statement reveals significant challenges. The company reported a negative gross profit margin and net income, indicating it is struggling with profitability. The revenue growth rate shows a decline compared to previous years, and both EBIT and EBITDA margins are negative, highlighting operational inefficiencies.

Balance Sheet

The balance sheet reflects a moderate level of financial risk with a debt-to-equity ratio that is concerning due to the company's reliance on debt financing. Return on equity is negative, reflecting losses, and the equity ratio is low, suggesting a fragile capital structure.

Cash Flow

Cash flow analysis shows negative free cash flow growth, indicating the company is not generating sufficient cash to cover expenditures. The operating cash flow to net income ratio is negative, pointing to poor cash conversion, and free cash flow to net income is also negative, revealing liquidity issues.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	803.32K	2.26M	3.41M	301.34K	0.00	0.00
Gross Profit	-3.36M	-545.08K	3.03M	222.26K	0.00	0.00
EBITDA	-14.70M	-14.83M	-19.47M	-1.19M	-193.91K	0.00
Net Income	-19.78M	-20.09M	1.65M	-1.63M	-1.15M	-175.81K
Balance Sheet
Total Assets	26.02M	35.83M	68.87M	4.58M	2.68M	1.07M
Cash, Cash Equivalents and Short-Term Investments	2.37K	66.57K	6.56M	413.34K	136.07K	1.31K
Total Debt	7.66M	8.02M	7.81M	588.47K	878.89K	384.26K
Total Liabilities	20.21M	22.39M	15.70M	1.91M	3.23M	1.29M
Stockholders Equity	5.80M	13.44M	53.17M	2.68M	-548.74K	-222.32K
Cash Flow
Free Cash Flow	-6.73M	-4.88M	-5.69M	-2.02M	-317.80K	-3.98K
Operating Cash Flow	889.21K	-735.33K	-1.99M	-1.28M	-317.80K	-3.98K
Investing Cash Flow	-2.08M	-8.57M	-4.45M	-2.46M	-382.46K	0.00
Financing Cash Flow	835.85K	2.80M	12.59M	4.02M	835.02K	0.00

Petro Viking Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	67 Neutral	$14.94B	9.78	6.38%	5.19%	4.13%	-66.99%
WCE	49 Neutral	C$2.01M	―	-28.96%	―	27.40%	-259.09%
BDR	39 Underperform	C$1.60M	1.65	123.57%	―	―	98.26%
VIK	38 Underperform	C$1.13M	―	-149.49%	―	-71.09%	-305.59%
SHP	24 Underperform	C$1.27M	―	94.60%	―	-76.55%	58.66%
GTGEF		$381.31K	―		―	―	―
ALTU	27 Underperform	C$11.54M	―	-234.55%	―	-57.89%	-4.46%

Petro Viking Energy Corporate Events

Avila Energy to Restate Financial Statements

Avila Energy Corporation has announced plans to restate its financial statements for the year ending December 31, 2023, due to irregularities found by new executives and directors. The company will conduct a forensic audit to investigate the issues related to flow-through financing and asset accounting.