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CGX Energy Inc.

Company price
0.19 CAD 0.01 ( 2.70%)
Last update at 2026-11-05T15:10:00Z
VOLUME
18456
Market Cap
76.17M

Momentum Score

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CGX Energy Inc., engages in the exploring petroleum and natural gas properties in Guyana, South America. It holds interests in a petroleum prospecting licenses and petroleum agreements for Corentyne block in Guyana. The company also constructs and develops the Berbice River Port project in Guyana. CGX Energy Inc. was founded in 1997 and is headquartered in Toronto, Canada.

Source: TradingView
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Day Price Range
0.19
Low
0.20
High
52 Week Price Range
0.07
Low
0.39
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

CGX Energy Inc. is a junior oil and gas exploration company focused on offshore Guyana, holding exploration acreage and pursuing seismic, appraisal and farm-out activity. Long-term growth drivers include potential exploration success, nearby basin commercial developments that could improve regional economics, and strategic partnerships to fund appraisal and development; investors may find exposure to frontier upstream upside if exploration results and financing align.

Primary investment risks include high exploration and execution risk with no producing assets, dependence on external financing and farm-outs, commodity-price volatility, and potential regulatory or contractual uncertainty in the operating jurisdiction.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.18
Dividend Yield
-
Revenue TTM
0.56M
Revenue Per Share
0.00
Gross Profit TTM
0.56M
Debt / Equity
-
ROE
-335.15%
Net Debt
0.86M
ROCE
11.83%
Diluted EPS TTM
-0.31

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -76.29M -2.58M -0.00M -10.02M -12.69M
Net income -76.29M -2.58M -0.00M -14.22M -15.78M
Selling general administrative 1.75M 2.24M 0.00M 6.93M 6.74M
Selling and marketing expenses - - 0.00M - -
Reconciled depreciation 0.63M 0.01M 0.03M 0.04M 0.02M
Ebit - - -0.03M -5.78M -5.56M
Ebitda - - -0.00M -5.74M -5.53M
Depreciation and amortization - - 0.03M 0.04M 0.02M
Operating income -1.82M -2.22M -0.00M -5.78M -5.56M
Other operating expenses - - 0.00M 6.93M 6.74M
Interest expense 0.48M 0.57M 0.57M 4.20M 1.91M
Net interest income -0.48M -0.57M -0.57M -4.20M -1.91M
Income tax expense - - -0.17M 4.20M 3.09M
Total revenue 0.56M 0.05M 0.00M 0.00M 0.00M
Total operating expenses 2.38M 2.27M 0.00M 6.93M 6.74M
Total other income expense net -73.99M 0.21M 0.00M -4.23M -7.14M
Net income from continuing ops -76.29M -2.58M -3.19M -10.02M -12.69M
Net income applicable to common shares - - - -10.02M -12.69M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 4.15M 79.30M 84.88M 93.01M 134.06M
Other current assets - - 0.70M - -
Total liab 19.53M 18.40M 21.45M 27.67M 60.44M
Total stockholder equity -15.38M 60.91M 63.43M 65.34M 73.62M
Other current liab - - 0.88M - -
Common stock - - 358.16M 356.04M 356.04M
Capital stock 358.16M 358.16M 358.16M 356.04M 356.04M
Retained earnings -402.63M -326.34M -323.76M -320.57M -310.55M
Cash 1.04M 2.07M 6.41M 12.39M 17.24M
Total current liabilities 19.53M 18.26M 21.18M 27.67M 60.44M
Net debt 0.86M - -6.41M - 1.28M
Short long term debt 1.90M - - - 18.53M
Other stockholder equity - - -0.00M 29.87M 28.13M
Property plant equipment - - - 67.98M 104.77M
Total current assets 1.24M 2.47M 8.63M 25.02M 29.29M
Net tangible assets - - - 65.34M 73.62M
Net receivables 0.05M 0.10M 1.54M 5.78M 8.64M
Inventory - - -0.02M - -
Accounts payable 17.63M 18.26M 20.29M 27.67M 41.91M
Accumulated other comprehensive income - - 29.03M - -
Non current assets total 2.91M 76.83M 76.25M 67.98M 104.77M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -0.04M -3.46M -31.16M -56.70M
Change to liabilities - - - 0.47M 0.77M
Total cashflows from investing activities - - - -31.16M -64.39M
Net borrowings 1.90M - - 35.00M 19.00M
Total cash from financing activities 1.90M 0.00M 1.16M 34.92M 78.87M
Change to operating activities - - - - -7.69M
Net income -76.29M -2.58M -3.19M -10.02M -12.69M
Change in cash -1.01M -4.37M -5.98M -4.85M 5.42M
Begin period cash flow 2.07M 6.41M 12.39M 17.24M 11.82M
End period cash flow 1.04M 2.07M 6.41M 12.39M 17.24M
Total cash from operating activities -2.52M -4.33M -3.67M -8.49M -16.08M
Issuance of capital stock - - - 0.00M 59.45M
Depreciation 0.63M 0.01M 0.03M 0.04M 0.02M
Other cashflows from investing activities - - - 25.54M -7.69M
Change to account receivables 0.10M -0.04M -1.20M -2.90M -3.99M
Other cashflows from financing activities - - 0.00M 34.92M 19.42M
Change to netincome - - - 3.76M 2.95M
Capital expenditures 0.11M 0.63M 1.97M 56.69M 56.70M
Change in working capital -1.08M -2.44M -1.16M -2.44M -10.91M
Stock based compensation 0.00M 0.06M 0.12M 0.91M 0.96M
Other non cash items 0.48M 0.57M 0.56M 3.01M 1.32M
Free cash flow -2.64M -4.95M -5.64M -65.18M -72.78M

Peer Comparison*

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)
OYL
CGX Energy Inc.
0.01
2.70%
0.19 - 16.95 135.24 18.96 100.63 -29.99
LGN
Logan Energy Corp
-0.02
1.32%
1.49 15.00 14.99 3.80 1.96 3.98 5.87
RECO
Reconnaissance Energy Africa Ltd
-
-%
0.50 - - 10.07 2.29 11.64 -7.57
CEI
Benchmark Metals Inc
-0.02
2.99%
0.65 - 27.03 23.27 2.66 20.42 1369.65
EOG
Eco Atlantic Oil & Gas Ltd
-0.04
5.00%
0.76 - 1.05 145.60 16.68 158.20 -25.23

Profile*

CGX Energy Inc.

CGX Energy Inc., engages in the exploring petroleum and natural gas properties in Guyana, South America. It holds interests in a petroleum prospecting licenses and petroleum agreements for Corentyne block in Guyana. The company also constructs and develops the Berbice River Port project in Guyana. CGX Energy Inc. was founded in 1997 and is headquartered in Toronto, Canada.

333 Bay Street, Toronto, ON, Canada, M5H 2T6

416 364 5569

Name Title Year Born
Dr. Suresh Narine M.Sc., Ph.D. Exec. Co-Chairman NA
Ms. Hill-York Poon Interim Chief Financial Officer NA
Mr. Michael P. Stockinger VP of Operations NA
Mr. Todd G. Durkee VP of Devel. NA
Mr. Kevin Lacy Drilling Director NA
Mr. Daniel Sanchez Chief Financial Officer NA
Mr. Paul Langlois Exploration Mang. NA
Mr. Tarachandra Khelawan Country Mang. of Guyana NA
Julio Colmenares Director of Exploration NA
Mr. German Forero Geoscience Mang. NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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