Pinedale Energy Limited

V:MCF Canada Oil & Gas E&P
Market Cap
$9.65 Million
CA$13.86 Million CAD
Market Cap Rank
#28815 Global
#173 in Canada
Share Price
CA$0.05
Change (1 day)
-10.00%
52-Week Range
CA$0.03 - CA$0.08
All Time High
CA$0.08
About

MCF Energy Ltd., an upstream oil and gas company in Europe. It engages in the identification, exploration, and development of proven and unproven oil and gas reserves. The company was formerly known as Pinedale Energy Limited and changed its name to MCF Energy Ltd. in December 2022. MCF Energy Ltd. is headquartered in Vancouver, Canada.

Pinedale Energy Limited (MCF) - Total Assets

Latest total assets as of September 2025: CA$26.37 Million CAD

Based on the latest financial reports, Pinedale Energy Limited (MCF) holds total assets worth CA$26.37 Million CAD as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Pinedale Energy Limited - Total Assets Trend (2014–2024)

This chart illustrates how Pinedale Energy Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Pinedale Energy Limited - Asset Composition Analysis

Current Asset Composition (December 2024)

Pinedale Energy Limited's total assets of CA$26.37 Million consist of 5.2% current assets and 94.8% non-current assets.

Asset Category Amount (CAD) % of Total Assets
Cash & Equivalents CA$0.00 4.8%
Accounts Receivable CA$0.00 0.0%
Inventory CA$0.00 0.0%
Property, Plant & Equipment CA$0.00 0.0%
Intangible Assets CA$0.00 0.0%
Goodwill CA$0.00 0.0%

Asset Composition Trend (2014–2024)

This chart illustrates how Pinedale Energy Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Pinedale Energy Limited's current assets represent 5.2% of total assets in 2024, a decrease from 22.7% in 2014.
  • Cash Position: Cash and equivalents constituted 4.8% of total assets in 2024, down from 13.7% in 2014.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
  • Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.

Pinedale Energy Limited Competitors by Total Assets

Key competitors of Pinedale Energy Limited based on total assets are shown below.

Company Country Total Assets
Bounty Oil & Gas NL
PINK:BYOGF
USA $8.51 Million
Shanxi Blue Flame Holding Co Ltd
SHE:000968
China CN¥11.13 Billion
Oriental Energy Co Ltd
SHE:002221
China CN¥40.74 Billion
P/F Atlantic Petroleum
CO:ATLA-DKK
Denmark Dkr7.35 Million
East West Minerals Ltd.
F:37A0
Germany €4.02 Million
Hibiscus Petroleum BHD
KLSE:5199
Malaysia RM7.43 Billion
Reach Energy Bhd
KLSE:5256
Malaysia RM861.30 Million
Geo-Jade Petroleum Corp
SHG:600759
China CN¥12.56 Billion

Pinedale Energy Limited - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.00 - 0.37

Lower asset utilization - Pinedale Energy Limited generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -8983.48% - 13.20%

Negative ROA - Pinedale Energy Limited is currently not profitable relative to its asset base.

Pinedale Energy Limited - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.17 1.23 0.91
Quick Ratio 0.17 1.23 0.91
Cash Ratio 0.00 0.00 0.00
Working Capital CA$-2.09 Million CA$ 709.00K CA$ -54.98K

Pinedale Energy Limited - Advanced Valuation Insights

This section examines the relationship between Pinedale Energy Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 0.93
Latest Market Cap to Assets Ratio 0.26
Asset Growth Rate (YoY) 2.9%
Total Assets CA$36.19 Million
Market Capitalization $9.37 Million USD

Valuation Analysis

Below Book Valuation: The market values Pinedale Energy Limited's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Pinedale Energy Limited's assets grew by 2.9% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Pinedale Energy Limited (2014–2024)

The table below shows the annual total assets of Pinedale Energy Limited from 2014 to 2024.

Year Total Assets Change
2024-12-31 CA$36.19 Million +2.90%
2023-12-31 CA$35.17 Million +217.87%
2022-12-31 CA$11.06 Million +752109.38%
2021-12-31 CA$1.47K -99.99%
2017-12-31 CA$22.89 Million +64.30%
2016-12-31 CA$13.93 Million -5.79%
2015-12-31 CA$14.79 Million +47.22%
2014-12-31 CA$10.05 Million --