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Criterium Energy Ltd. engages in the exploration and development of oil and natural gas in Indonesia and Canada. Its flagship project is the 100% owned Tungkal PSC property covering an area of 2,285 square kilometers located in the onshore South Sumatra. The company was formerly known as Softrock Minerals Ltd. and changed its name to Criterium Energy Ltd. in September 2022. Criterium Energy Ltd. was incorporated in 1994 and is headquartered in Calgary, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Public disclosures for Criterium Energy Ltd., listed on the TSX Venture Exchange (CEQ.V), are limited; filings indicate it operates in the energy sector and appears to be at an exploration and development stage. Major long-term growth drivers would typically include successful resource delineation, access to project financing, and favorable commodity prices, and investors may find exposure to early-stage resource upside and leverage to energy-market cycles.
The most important investment risks are high exploration and execution risk combined with financing uncertainty, potential shareholder dilution, and sensitivity to commodity-price and regulatory changes.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | -9.91M | -3.81M | -1.32M | 0.07M | -0.02M |
| Net income | -9.91M | -3.81M | -1.32M | 0.07M | -0.02M |
| Selling general administrative | 5.38M | 2.28M | 1.43M | 0.12M | 0.14M |
| Gross profit | 17.78M | 0.07M | 0.18M | 0.16M | - |
| Reconciled depreciation | 4.45M | 0.04M | 0.01M | 0.00M | - |
| Operating income | -1.25M | -3.77M | -1.30M | 0.04M | -0.02M |
| Interest expense | 10.22M | 0.02M | 0.01M | 0.00M | 0.00M |
| Tax provision | 0.01M | - | - | - | - |
| Interest income | - | 0.00M | 0.00M | 0.00M | 0.00M |
| Net interest income | -10.22M | -0.02M | -0.01M | 0.00M | 0.00M |
| Total revenue | 29.95M | 0.11M | 0.19M | 0.16M | 0.14M |
| Total operating expenses | 31.20M | 3.88M | 1.49M | 0.12M | 0.16M |
| Cost of revenue | 12.17M | 0.04M | 0.01M | 0.00M | - |
| Total other income expense net | 1.56M | -0.02M | -0.02M | 0.03M | - |
| Net income from continuing ops | -9.91M | -3.81M | -1.32M | 0.07M | -0.02M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 76.43M | 10.19M | 6.34M | 0.16M | 0.13M |
| Other current assets | - | 6.74M | - | - | - |
| Total liab | 75.59M | 9.18M | 2.32M | 0.05M | 0.09M |
| Total stockholder equity | 0.84M | 1.01M | 4.01M | 0.11M | 0.04M |
| Other current liab | - | 7.40M | - | - | - |
| Capital stock | 18.11M | 8.69M | 8.16M | 3.06M | 3.06M |
| Retained earnings | -18.25M | -8.33M | -4.52M | -3.20M | -3.26M |
| Cash | 2.31M | 0.43M | 3.72M | 0.05M | 0.05M |
| Total current liabilities | 38.16M | 9.07M | 2.19M | 0.05M | 0.09M |
| Net debt | 24.16M | - | - | - | - |
| Short long term debt | 9.11M | - | - | - | - |
| Total current assets | 6.70M | 9.76M | 3.91M | 0.12M | 0.09M |
| Short term investments | - | 0.01M | 0.00M | - | - |
| Net receivables | 0.55M | 0.04M | 0.11M | 0.05M | 0.03M |
| Long term debt | 17.36M | - | - | - | - |
| Inventory | 2.84M | - | - | - | - |
| Accounts payable | 5.76M | 1.19M | 0.48M | 0.02M | - |
| Non currrent assets other | 3.61M | 0.05M | 0.04M | 0.04M | 0.04M |
| Non current assets total | 69.73M | 0.43M | 2.43M | 0.04M | 0.04M |
| Capital lease obligations | 0.27M | 0.14M | 0.16M | 0.00M | - |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | 0.66M | -1.08M | -0.61M | 0.03M | 0.00M |
| Total cash from financing activities | 1.22M | 0.49M | 5.06M | 0.00M | -0.02M |
| Net income | -9.91M | -3.81M | -1.32M | 0.07M | -0.02M |
| Change in cash | 1.37M | -3.29M | 3.67M | 0.00M | -0.01M |
| Begin period cash flow | 0.43M | 3.72M | 0.05M | 0.05M | 0.07M |
| End period cash flow | 2.31M | 0.43M | 3.72M | 0.05M | 0.05M |
| Total cash from operating activities | -0.51M | -2.70M | -0.78M | -0.02M | 0.01M |
| Issuance of capital stock | 4.95M | 0.54M | 5.38M | 0.00M | - |
| Depreciation | 4.45M | 0.04M | 0.01M | 0.00M | - |
| Change to account receivables | - | 0.10M | -0.11M | -0.02M | 0.01M |
| Capital expenditures | 5.98M | 0.00M | 2.23M | 0.00M | 0.00M |
| Change in working capital | -1.85M | 0.75M | 0.35M | -0.05M | 0.02M |
| Stock based compensation | 0.15M | 0.30M | 0.16M | 0.01M | 0.02M |
| Other non cash items | 6.60M | 0.02M | 0.02M | -0.03M | -0.01M |
| Free cash flow | -6.48M | -2.70M | -3.01M | -0.02M | 0.01M |
Sector: Energy Industry: Oil & Gas E&P
|
Stock Name
|
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) |
|---|---|---|---|---|---|---|---|---|
| CEQ Criterium Energy Ltd. |
- -% |
0.17 | - | 3.46 | 0.43 | 1.64 | 1.14 | 3.70 |
| LGN Logan Energy Corp |
- -% |
1.49 | 15.00 | 14.99 | 3.80 | 1.96 | 3.98 | 5.87 |
| RECO Reconnaissance Energy Africa Ltd |
- -% |
0.52 | - | - | 10.07 | 2.29 | 11.64 | -7.57 |
| CEI Benchmark Metals Inc |
-0.02 2.90% |
0.67 | - | 27.03 | 23.27 | 2.66 | 20.42 | 1369.65 |
| EOG Eco Atlantic Oil & Gas Ltd |
-0.05 6.41% |
0.73 | - | 1.05 | 145.60 | 16.68 | 158.20 | -25.23 |
Criterium Energy Ltd. engages in the exploration and development of oil and natural gas in Indonesia and Canada. Its flagship project is the 100% owned Tungkal PSC property covering an area of 2,285 square kilometers located in the onshore South Sumatra. The company was formerly known as Softrock Minerals Ltd. and changed its name to Criterium Energy Ltd. in September 2022. Criterium Energy Ltd. was incorporated in 1994 and is headquartered in Calgary, Canada.
Bow Valley Square Tower 1, Calgary, AB, Canada, T2P 2R9
403 668 1630
59
| Name | Title | Year Born |
|---|---|---|
| Mr. E. Denis Gagnon P.Geo. | Treasurer, Corp. Sec. | NA |
| Mr. Robin Auld | Pres, CEO & Director | NA |
| Dr. Henry Groen C.M.A., CPA | Chief Financial Officer | NA |
| Mr. Matthew Klukas | Chief Operating Officer | NA |
| Mr. Matthew Klukas M.B.A., P.Geo. | Interim CEO, President & COO and Director | NA |
| Mr. Andrew Spitzer | Chief Financial Officer | NA |
| Mr. E. Denis Gagnon P.Geo. | Treasurer, Corporate Secretary | NA |
| Sarah Kevol CPA | Controller | NA |
| Mr. Hendra Jaya | Director ? Indonesia | NA |
| Mr. Matthew Klukas M.B.A., P.Geo. | Interim CEO, President & COO and Director | 1987 |
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