Petro Viking Energy (VIK) AI Stock Analysis

• Market Cap: C$1.13M
• Dividend Yield: N/A
• Average Volume (3M): 354.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.21
• Revenue Growth: -12.38%
• EPS Growth: 61.63%
• Country: CA
• Employees: 3
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): N/A
• Shares Outstanding: 226,490,950
• 10 Day Avg. Volume: 96,557
• 30 Day Avg. Volume: 354,339
• PEG Ratio: <0.01
• Price to Book (P/B): -0.16
• Price to Sales (P/S): 2.22
• P/FCF Ratio: -1.82
• 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: 42 Neutral
• Price Target: C$0.01 ▲(0.00% Upside)

The score is primarily weighed down by weak financial performance (large losses, negative equity, and ongoing cash burn). Valuation is difficult to support due to losses and missing dividend data, while technical analysis impact is limited because core indicators were not provided.

Positive Factors

Operational Control

By controlling its own drilling rigs and facilities, Petro Viking Energy can manage costs effectively and optimize profit margins, providing a competitive edge in the volatile energy market.

Strategic Partnerships

Strategic partnerships and joint ventures allow Petro Viking Energy to share resources and risks, expanding its operational footprint and enhancing its ability to adapt to market changes.

Trading Resumption Efforts

Efforts to resume trading by addressing compliance issues indicate proactive management and a commitment to stabilizing financial operations, which can improve investor confidence and market presence.

Negative Factors

Declining Revenues

Declining revenues suggest challenges in maintaining market share and demand for products, which can impact long-term profitability and growth prospects.

High Leverage

High leverage and negative equity indicate financial instability, increasing the risk of solvency issues and limiting the company's ability to invest in growth opportunities.

Cash Flow Challenges

Severe cash flow challenges pose liquidity risks, limiting Petro Viking Energy's ability to fund operations and invest in strategic initiatives, potentially affecting long-term sustainability.

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 generates revenue through multiple streams, primarily from the sale of crude oil and natural gas produced from its exploration and production activities. The company operates oil and gas wells, which contribute significantly to its earnings as they produce hydrocarbons that are sold in the energy markets. Additionally, Petro Viking Energy may earn revenue through joint ventures and partnerships with other energy firms, where it shares resources and expertise to enhance production efficiency. The company may also engage in service contracts, offering consulting and technical services to other operators in the energy sector, further diversifying its income sources. Market fluctuations in oil and gas prices play a crucial role in determining the company's revenue, making it essential for Petro Viking Energy to effectively manage its production costs and optimize its output to maximize profitability.

Petro Viking Energy Financial Statement Overview

Summary

Financials are under significant strain: TTM revenue fell ~20% with deeply negative gross profit and net income, the balance sheet shows negative shareholders’ equity (elevated solvency risk), and operating/free cash flow remain negative despite some improvement versus 2024.

Income Statement

TTM (Trailing-Twelve-Months) results show a sharp deterioration in profitability: revenue fell ~20% and the company generated deeply negative gross profit and net income, indicating costs are running well above sales. While losses narrowed modestly versus the prior annual period, margins remain severely negative, and the earnings profile is still highly challenged.

Balance Sheet

The balance sheet is pressured by negative shareholders’ equity in both TTM (Trailing-Twelve-Months) and 2024, which signals an impaired capital base and elevates financial risk. Total debt is sizable relative to the company’s equity position, and the shift from positive equity in 2023 to negative equity more recently points to weakening solvency and limited balance-sheet flexibility.

Cash Flow

Cash generation remains a key weakness: TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are both negative, implying the business is not self-funding. That said, cash burn improved meaningfully versus 2024 (less negative operating and free cash flow), suggesting better near-term cash discipline, but sustainability is still a concern until cash flow turns positive.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	608.54K	420.73K	2.26M	3.08M	185.00K	0.00
Gross Profit	-984.76K	-1.34M	-545.08K	3.03M	18.93K	0.00
EBITDA	-10.80M	-11.95M	-14.83M	-19.47M	-1.19M	-193.91K
Net Income	-12.99M	-14.48M	-20.09M	-20.38M	-1.42M	-1.15M
Balance Sheet
Total Assets	15.43M	15.83M	35.83M	68.87M	4.58M	2.68M
Cash, Cash Equivalents and Short-Term Investments	8.85K	13.85K	66.57K	6.56M	413.34K	136.07K
Total Debt	9.60M	8.03M	8.02M	5.98M	588.47K	878.89K
Total Liabilities	23.78M	21.71M	22.39M	15.70M	1.91M	3.23M
Stockholders Equity	-8.35M	-5.88M	6.81M	53.17M	2.68M	-548.74K
Cash Flow
Free Cash Flow	-158.71K	-511.97K	-4.88M	-5.69M	-2.02M	-317.80K
Operating Cash Flow	-180.22K	-451.41K	-735.33K	-1.99M	-1.28M	-317.80K
Investing Cash Flow	321.51K	239.44K	-8.57M	-4.45M	-2.46M	-382.46K
Financing Cash Flow	-134.82K	159.25K	2.80M	12.59M	4.02M	835.02K

Petro Viking Energy 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%
OIL	44 Neutral	C$2.37M	-0.26	-152.21%	―	172.92%	-92.61%
VIK	42 Neutral	C$1.13M	-0.17	―	―	-12.38%	61.63%
SHP	24 Underperform	C$1.27M	-2.40	―	―	―	―

Petro Viking Energy Corporate Events

Avila Energy Extends Rights Offering and Pushes Back Court Hearing on Amended Proposal

Avila Energy Corporation has extended the expiry date of its ongoing rights offering from January 14 to February 2, 2026, giving shareholders additional time to participate while leaving all other terms unchanged. The financing remains contingent on required regulatory approvals and the absence of any material adverse change, and the company retains discretion to amend or terminate the offer under applicable securities laws. Separately, Avila has rescheduled the court hearing to approve its Amended Proposal under Canada’s Bankruptcy and Insolvency Act to March 2, 2026, a key procedural step in its ongoing restructuring process that will be closely watched by creditors and investors as the company works to stabilize its balance sheet and secure funding for its operations.

The most recent analyst rating on (TSE:VIK) stock is a Hold with a C$0.01 price target. To see the full list of analyst forecasts on Petro Viking Energy stock, see the TSE:VIK Stock Forecast page.

Avila Energy Launches Rights Offering to Shareholders

Avila Energy Corporation, a company listed on multiple stock exchanges including the Canadian Securities Exchange, has announced a rights offering to its shareholders. This offering allows shareholders to purchase additional units at a discounted price, with each unit comprising one common share and one purchase warrant. The initiative aims to raise a maximum of $849,341.08, with the offering not being subject to a minimum subscription level. The completion of the offering is contingent upon regulatory approvals and the absence of any significant adverse changes in the company’s condition.