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Last update at 2025-03-25T17:37:00Z
Kiwetinohk schedules Q1, 2022 quarterly results
Fri 06 May 22, 11:12 PMKiwetinohk appoints new independent board members, deepens project delivery team
Thu 03 Feb 22, 01:00 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|
Type | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Income before tax | 167.32M | -32.12600M | -4.86900M | -19.47364M |
Minority interest | 0.00000M | -19.19600M | 0.00000M | - |
Net income | 190.99M | -22.31500M | -4.93600M | -19.47364M |
Selling general administrative | 63.40M | 55.34M | 7.97M | 11.37M |
Selling and marketing expenses | - | 107.69M | - | - |
Gross profit | 418.60M | 247.46M | 8.68M | - |
Reconciled depreciation | 83.21M | 30.20M | 0.47M | - |
Ebit | 286.73M | 19.35M | -4.80200M | -20.18683M |
Ebitda | 369.94M | 49.56M | -4.32900M | - |
Depreciation and amortization | 83.21M | 30.20M | 0.47M | - |
Non operating income net other | - | - | - | - |
Operating income | 286.73M | 19.35M | -4.80200M | -18.28411M |
Other operating expenses | 487.12M | 298.92M | 28.15M | 0.03M |
Interest expense | 7.87M | 3.03M | 0.07M | 0.00000M |
Tax provision | -23.67100M | -9.81100M | 0.00000M | 0.00000M |
Interest income | 116.98M | 68.83M | 0.07M | - |
Net interest income | -9.16100M | -3.93100M | -0.06700M | - |
Extraordinary items | - | - | - | - |
Non recurring | - | - | - | - |
Other items | - | - | - | - |
Income tax expense | -23.67100M | -9.81100M | 0.07M | - |
Total revenue | 768.45M | 297.19M | 9.76M | 18.90M |
Total operating expenses | 137.27M | 249.19M | 27.07M | - |
Cost of revenue | 349.85M | 49.73M | 1.08M | - |
Total other income expense net | -119.41000M | -51.47900M | -0.06700M | - |
Discontinued operations | - | - | - | - |
Net income from continuing ops | 190.99M | -22.31500M | -4.86900M | - |
Net income applicable to common shares | 190.99M | -41.51100M | -4.86900M | -19.47364M |
Preferred stock and other adjustments | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 1085.62M | 932.65M | 614.34M | 172.99M | 114.80M |
Intangible assets | 35.29M | 22.12M | 2.47M | 0.00000M | - |
Earning assets | - | - | - | - | - |
Other current assets | 24.95M | 2.55M | 2.04M | - | - |
Total liab | 375.41M | 332.03M | 216.90M | 6.74M | 4.91M |
Total stockholder equity | 710.20M | 600.62M | 397.43M | 166.25M | 109.88M |
Deferred long term liab | - | 22.12M | 2.47M | - | - |
Other current liab | 6.66M | 109.80M | 91.72M | 2.96M | - |
Common stock | 434.62M | 440.92M | 435.38M | 187.17M | 128.05M |
Capital stock | 434.62M | 440.92M | 435.38M | 187.17M | - |
Retained earnings | 240.64M | 128.74M | -62.24800M | -28.97200M | -24.10343M |
Other liab | - | 91.37M | 91.72M | 3.27M | 0.93M |
Good will | - | - | - | - | - |
Other assets | - | 23.72M | 2.47M | 1.67M | 0.23M |
Cash | 5.05M | -11.66700M | 2.34M | 54.48M | 27.97M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 69.68M | 110.30M | 92.32M | 3.29M | 3.18M |
Current deferred revenue | 0.00000M | - | - | - | - |
Net debt | 215.56M | 142.53M | 31.12M | -53.97100M | - |
Short term debt | 3.84M | 0.51M | 0.59M | 0.33M | 0.00000M |
Short long term debt | - | - | - | - | - |
Short long term debt total | 220.61M | 130.87M | 33.46M | 0.51M | - |
Other stockholder equity | 34.95M | 30.96M | 24.30M | 8.06M | - |
Property plant equipment | - | 790.75M | 564.31M | 76.90M | 83.87M |
Total current assets | 87.95M | 96.06M | 47.56M | 57.69M | 30.69M |
Long term investments | - | - | 0.00000M | 36.73M | - |
Net tangible assets | - | 600.62M | 397.43M | 166.25M | 109.88M |
Short term investments | - | - | - | - | - |
Net receivables | 57.95M | 79.85M | 43.18M | 2.81M | 2.38M |
Long term debt | 194.09M | 119.20M | 32.87M | 0.00000M | - |
Inventory | 0.00000M | 0.00700M | - | - | - |
Accounts payable | 59.18M | 77.05M | 54.40M | 2.96M | 3.13M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | - | - | - | - | - |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | - | - |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 8.84M | - | - | 1.67M | - |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 997.66M | 836.59M | 566.78M | 115.30M | - |
Capital lease obligations | 26.52M | 11.67M | 0.59M | 0.51M | - |
Long term debt total | - | 130.36M | 32.87M | 0.18M | 0.80M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|
Type | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Investments | -330.15200M | -40.11300M | -23.85300M | -23.85300M |
Change to liabilities | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | -330.15200M | -265.39000M | -31.86400M | -63.96846M |
Net borrowings | 84.43M | 33.98M | -0.41300M | -0.35690M |
Total cash from financing activities | 85.50M | 177.44M | 60.03M | 46.26M |
Change to operating activities | -16.28000M | -11.97700M | -0.38200M | -0.23000M |
Net income | 190.99M | -22.31500M | -4.86900M | -19.47364M |
Change in cash | -2.34300M | -52.13300M | 26.51M | -13.48450M |
Begin period cash flow | 2.34M | 54.48M | 27.97M | - |
End period cash flow | 0.00000M | 2.34M | 54.48M | 27.97M |
Total cash from operating activities | 242.85M | 35.82M | -1.66100M | 4.22M |
Issuance of capital stock | 3.07M | 147.49M | 59.00M | - |
Depreciation | 83.21M | 30.20M | 0.47M | 18.96M |
Other cashflows from investing activities | -82.42600M | 12.28M | -1.71900M | -2.80173M |
Dividends paid | - | - | - | - |
Change to inventory | - | - | - | - |
Change to account receivables | - | - | - | - |
Sale purchase of stock | -0.09500M | 147.49M | 60.45M | 46.62M |
Other cashflows from financing activities | 83.14M | 152.98M | 1.44M | 1.44M |
Change to netincome | -26.35800M | 4.71M | -10.57200M | 4.96M |
Capital expenditures | 255.96M | 50.90M | 6.29M | 61.17M |
Change receivables | - | - | - | - |
Cash flows other operating | - | - | - | - |
Exchange rate changes | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - |
Change in working capital | -16.28000M | -11.97700M | -0.38200M | -0.23000M |
Stock based compensation | 11.27M | 14.47M | 2.12M | - |
Other non cash items | -2.61900M | 35.25M | 1.00M | - |
Free cash flow | -13.11200M | -15.08000M | -7.95300M | - |
Sector: Energy Industry: Oil & Gas E&P
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
KEC Kiwetinohk Energy Corp |
-0.23 1.36% | 16.65 | 10.20 | 6.77 | 1.41 | 0.90 | 1.79 | 3.34 |
CNQ Canadian Natural Resources Ltd |
0.41 0.93% | 44.49 | 13.55 | 12.48 | 2.82 | 2.52 | 2.67 | 6.50 |
TOU Tourmaline Oil Corp. |
0.18 0.26% | 69.18 | 14.42 | 10.96 | 5.30 | 1.64 | 4.12 | 6.49 |
OVV Ovintiv Inc |
0.61 0.99% | 62.20 | 5.72 | 10.39 | 1.64 | 1.06 | 1.78 | 3.44 |
ARX ARC Resources Ltd. |
-0.03 0.11% | 28.30 | 11.94 | 9.67 | 2.92 | 1.91 | 3.07 | 5.55 |
Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada. In the addition, the company is involved in evaluating and developing low carbon solutions for the energy industry; and secures access to power, and hydrogen markets. The company was formerly known as Alberta Ltd. and changed its name to Kiwetinohk Energy Corp. in 2021. Kiwetinohk Energy Corp. was founded in 2018 and is based in Calgary, Canada.
250 ? 2nd Street SW, Calgary, AB, Canada, T2P 0C1
Name | Title | Year Born |
---|---|---|
Mr. Patrick Carlson P.Eng. | CEO & Director | 1954 |
Mr. Jakub Brogowski | Chief Financial Officer | NA |
Ms. Sue Kuethe | Exec. VP of Land & Community Inclusion | NA |
Mr. Kurt Bradley Molnar | Sr. VP of Bus. Devel. | NA |
Mr. Michael Alexander Hantzsch | Sr. VP of Midstream & Market Devel. | NA |
Mr. J. Michael Backus P.Eng. | Chief Operating Officer of Upstream | 1971 |
Ms. Janet E. Annesley | Chief Sustainability Officer | NA |
Mr. John Maniawski | Pres of Green Energy Division | NA |
Mr. Mark J. Friesen | Director of Investor Relations | NA |
Mr. Jim Floyd | Sr. VP of Power & Green Energy Division | NA |
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