PetroShale Inc
Lucero Energy Corp., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. The company was formerly known as PetroShale Inc. and changed its name to Lucero Energy Corp. in May 2022. Lucero Energy Corp. is headquartered in Calgary, Canada. As of March 7, 2025, … Read more
PetroShale Inc (PSHIF) - Net Assets
Latest net assets as of September 2024: $533.91 Million USD
Based on the latest financial reports, PetroShale Inc (PSHIF) has net assets worth $533.91 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($636.41 Million) and total liabilities ($102.50 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $533.91 Million |
| % of Total Assets | 83.89% |
| Annual Growth Rate | 44.37% |
| 5-Year Change | 149.85% |
| 10-Year Change | 5581.03% |
| Growth Volatility | 120.8 |
PetroShale Inc - Net Assets Trend (2012–2023)
This chart illustrates how PetroShale Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PetroShale Inc (2012–2023)
The table below shows the annual net assets of PetroShale Inc from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $502.69 Million | +8.48% |
| 2022-12-31 | $463.40 Million | +56.03% |
| 2021-12-31 | $296.99 Million | +115.68% |
| 2020-12-31 | $137.70 Million | -31.56% |
| 2019-12-31 | $201.20 Million | +3.32% |
| 2018-12-31 | $194.73 Million | +119.66% |
| 2017-12-31 | $88.65 Million | +1042.87% |
| 2016-12-31 | $-9.40 Million | -334.11% |
| 2015-12-31 | $4.02 Million | -54.61% |
| 2014-12-31 | $8.85 Million | +19.97% |
| 2013-12-31 | $7.38 Million | -16.71% |
| 2012-12-31 | $8.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PetroShale Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6429200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $64.29 Million | 12.79% |
| Other Components | $438.40 Million | 87.21% |
| Total Equity | $502.69 Million | 100.00% |
PetroShale Inc Competitors by Market Cap
The table below lists competitors of PetroShale Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Honghua Group Limited
F:4HB
|
$71.31 Million |
|
Bioceltix S.A.
WAR:BCX
|
$71.31 Million |
|
Xaar plc
PINK:XAARF
|
$71.32 Million |
|
YEAH1 Group Corp
VN:YEG
|
$71.34 Million |
|
Bien Sparebank ASA
OL:BIEN
|
$71.28 Million |
|
Seoyon Co Ltd
KO:007860
|
$71.28 Million |
|
JSL S.A
SA:JSLG3
|
$71.28 Million |
|
OPC Energy Ltd
TA:OPCE
|
$71.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PetroShale Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 463,404,000 to 502,694,000, a change of 39,290,000 (8.5%).
- Net income of 59,272,000 contributed positively to equity growth.
- Share repurchases of 13,523,000 reduced equity.
- Other factors decreased equity by 6,459,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $59.27 Million | +11.79% |
| Share Repurchases | $13.52 Million | -2.69% |
| Other Changes | $-6.46 Million | -1.28% |
| Total Change | $- | 8.48% |
Book Value vs Market Value Analysis
This analysis compares PetroShale Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.36x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.28 | x |
| 2016-12-31 | $0.00 | $0.28 | x |
| 2017-12-31 | $0.48 | $0.28 | x |
| 2018-12-31 | $0.90 | $0.28 | x |
| 2019-12-31 | $0.93 | $0.28 | x |
| 2020-12-31 | $0.65 | $0.28 | x |
| 2021-12-31 | $0.57 | $0.28 | x |
| 2022-12-31 | $0.70 | $0.28 | x |
| 2023-12-31 | $0.77 | $0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PetroShale Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.79%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.32%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.18x
- Recent ROE (11.79%) is above the historical average (-45.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 0.21x | 1.42x | $-885.59K |
| 2013 | -280.10% | -493.90% | 0.32x | 1.75x | $-21.40 Million |
| 2014 | -49.15% | -70.55% | 0.09x | 7.63x | $-5.23 Million |
| 2015 | -222.78% | -55.64% | 0.13x | 32.01x | $-9.35 Million |
| 2016 | 0.00% | -55.33% | 0.16x | 0.00x | $-11.92 Million |
| 2017 | -3.49% | -7.03% | 0.21x | 2.41x | $-11.96 Million |
| 2018 | 13.89% | 22.21% | 0.30x | 2.07x | $7.58 Million |
| 2019 | 7.62% | 9.27% | 0.28x | 2.98x | $-4.79 Million |
| 2020 | -45.01% | -43.19% | 0.29x | 3.65x | $-75.75 Million |
| 2021 | -0.28% | -0.36% | 0.41x | 1.88x | $-30.53 Million |
| 2022 | 17.38% | 23.50% | 0.56x | 1.32x | $34.18 Million |
| 2023 | 11.79% | 23.32% | 0.43x | 1.18x | $9.00 Million |
Industry Comparison
This section compares PetroShale Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PetroShale Inc (PSHIF) | $533.91 Million | 0.00% | 0.19x | $71.29 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |