Northamerican Energy Group Corporation
Northamerican Energy Group Corporation engages in the identification, acquisition, and development of hydrocarbon, oil, and gas reserves. It has gas and oil production leases located in the Pecos Valley Field, southwest of Midland, Texas, and Permian Basin. The company, formerly known as Nuoasis Properties Inc. and changed its name to Northamerican Energy Group Corporation in May 2005. The compan… Read more
Northamerican Energy Group Corporation (NNYR) - Net Assets
Latest net assets as of December 2006: $-70.00K USD
Based on the latest financial reports, Northamerican Energy Group Corporation (NNYR) has net assets worth $-70.00K USD as of December 2006.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($212.76K) and total liabilities ($282.76K). 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 | $-70.00K |
| % of Total Assets | -32.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Northamerican Energy Group Corporation - Net Assets Trend (1998–2006)
This chart illustrates how Northamerican Energy Group Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Northamerican Energy Group Corporation (1998–2006)
The table below shows the annual net assets of Northamerican Energy Group Corporation from 1998 to 2006.
| Year | Net Assets | Change |
|---|---|---|
| 2006-12-31 | $-70.00K | -217.50% |
| 2005-12-31 | $59.57K | +233.48% |
| 1998-12-31 | $-44.63K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Northamerican Energy Group Corporation'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 decreased by 28626800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2006)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $72.64K | % |
| Other Components | $274.73K | % |
| Total Equity | $-70.00K | 100.00% |
Northamerican Energy Group Corporation Competitors by Market Cap
The table below lists competitors of Northamerican Energy Group Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
American Silver Mining Co
PINK:ASLM
|
$0.95 |
|
Golden Band Resources Inc
PINK:GBRIF
|
$0.95 |
|
Opus Magnum Ameris Inc
PINK:OPUS
|
$0.95 |
|
AimRite Holdings Corp
PINK:AIMH
|
$0.95 |
|
Infinite Networks Corporation
PINK:INNX
|
$0.95 |
|
Now Corp
PINK:NWPN
|
$0.95 |
|
Apparel Manufacturing Associates Inc
PINK:APPM
|
$0.95 |
|
Haber Inc
PINK:ASPT
|
$0.95 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northamerican Energy Group Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2005 to 2006, total equity changed from 59,572 to -69,998, a change of -129,570 (-217.5%).
- Net loss of 296,111 reduced equity.
- Other factors increased equity by 166,541.
Equity Change Factors (2005 to 2006)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-296.11K | -423.03% |
| Other Changes | $166.54K | +237.92% |
| Total Change | $- | -217.50% |
Book Value vs Market Value Analysis
This analysis compares Northamerican Energy Group Corporation'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $0.00 | $0.00 | x |
| 2005-12-31 | $0.04 | $0.00 | x |
| 2006-12-31 | $-0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northamerican Energy Group Corporation 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -632.45%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-67.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.00% | 0.00% | 0.00x | 0.00x | $-63.42K |
| 2005 | -203.55% | -614.28% | 0.07x | 4.76x | $-127.22K |
| 2006 | 0.00% | -632.45% | 0.22x | 0.00x | $-289.11K |
Industry Comparison
This section compares Northamerican Energy Group Corporation's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northamerican Energy Group Corporation (NNYR) | $-70.00K | 0.00% | N/A | $0.95 |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |