CompanyGraph
What stands out
- Pays more per share than it earned over the last twelve months
At a glance
- Depends onMidstream position: 6 outgoing, 9 incoming connections
- ScaleMarket cap is $1.54B, above the global median of $1.15B
- PositionOperating margin is 48.2%, higher than 95% of its Oil & Gas E&P peers (median 16.2%)
- Interpretations5 currently firing — 1 · 4
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Sign inWhat the company actually pays, and whether its own cash supports it.
What stands out
- Pays more per share than it earned over the last twelve months
Dividends view
Yield
5.98%Below 5Y avg (10.72%)
Annual Rate
CAD 0.72Paid monthly
Payout Ratio
205.7%High
Consecutive Growth
1 yr
Paying Dividends
11 yr
Payback Period
16.3 yr
Next Ex-Dividend
Aug 31, 2026
Next Payment
Sep 15, 2026
Screen for this company's dividend patterns
Find other companies where the same dividend readings fire.
High Dividend Payout With FCF And Equity Ratio
→dividend payout intensity
fcf positive 3y
ratio balance equity
1 interpretation currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company return capital?
High Dividend Payout With FCF And Equity Ratio
It pays out most of its earnings, on three years of positive free cash flow.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
2.13BCAD1.54B · vs all stocks (USD)
Trailing P/E
33.74xvs Oil & Gas E&P peers
Revenue (TTM)
550.01MCAD398.93M · vs all stocks (USD)
Profit Margin
11.46%vs Oil & Gas E&P peers
Beta
0.9630xvs all stocks
52-Week Change
62.55%vs all stocks
Forward Annual Dividend Yield
5.98%vs all stocks
Market Capitalization
2.13BCAD1.54B · vs all stocks (USD)
Enterprise Value
2.19BCAD1.58B · vs all stocks (USD)
Trailing P/E
33.74xvs Oil & Gas E&P peers
Forward P/E
17.54xvs Oil & Gas E&P peers
PEG Ratio
0.1164xvs Oil & Gas E&P peers
Price to Sales (TTM)
3.77xvs Oil & Gas E&P peers
Price to Book (MRQ)
2.14xvs Oil & Gas E&P peers
Enterprise to Revenue
3.97xvs Oil & Gas E&P peers
Enterprise to EBITDA
7.88xvs Oil & Gas E&P peers
Gross Margin
68.33%vs Oil & Gas E&P peers
Profit Margin
11.46%vs Oil & Gas E&P peers
Operating Margin
48.17%vs Oil & Gas E&P peers
Return on Assets (TTM)
6.51%vs Oil & Gas E&P peers
Return on Equity (TTM)
6.73%vs Oil & Gas E&P peers
Revenue (TTM)
550.01MCAD398.93M · vs all stocks (USD)
Revenue per Share (TTM)
3.31CADUpdated Aug 21, 2026Quarterly Revenue Growth
83.60%vs Oil & Gas E&P peers
Gross Profit (TTM)
338.47MCAD245.49M · vs all stocks (USD)
EBITDA (TTM)
299.02MCAD216.88M · vs all stocks (USD)
Net Income (TTM)
63.02MCAD45.71M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
340.80%vs Oil & Gas E&P peers
Operating Cash Flow (TTM)
259.50MCAD188.22M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
43.91MCAD31.85M · vs all stocks (USD)
Forward Annual Dividend Rate
0.7200CADUpdated Aug 21, 2026Forward Annual Dividend Yield
5.98%vs all stocks
Trailing Annual Dividend Rate
0.7200CADUpdated Aug 21, 2026Trailing Annual Dividend Yield
5.98%vs all stocks
5-Year Average Dividend Yield
10.72%vs all stocks
Payout Ratio
205.71%vs Oil & Gas E&P peers
Revenue
538.34MCADFY2025 · Dec 31, 2025Cost of Goods Sold
207.68MCADFY2025 · Dec 31, 2025Gross Profit
330.66MCADFY2025 · Dec 31, 2025Operating Income
97.83MCAD70.96M · vs all stocks (USD)
Pre-tax Income
27.64MCADFY2025 · Dec 31, 2025Income Tax Expense
6.84MCADFY2025 · Dec 31, 2025Net Income
20.80MCADFY2025 · Dec 31, 2025EBIT
44.00MCADFY2025 · Dec 31, 2025EBITDA (Income Statement)
203.15MCADFY2025 · Dec 31, 2025Selling, General & Administrative
32.26MCADFY2025 · Dec 31, 2025Other Operating Expenses
200.57MCADFY2025 · Dec 31, 2025Non-operating Interest Expense
16.36MCADFY2025 · Dec 31, 2025EPS (Basic)
0.1300CADFY2025 · Dec 31, 2025EPS (Diluted)
0.1300CADFY2025 · Dec 31, 2025Basic Shares Outstanding
160.24MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
160.24MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
20.80MCADFY2025 · Dec 31, 2025Operating Cash Flow
146.59MCADFY2025 · Dec 31, 2025Free Cash Flow
142.19MCADDerived from operating cash flow minus capital expenditure. This filing charges 108.76M of depreciation against 4.39M of capital expenditure, and its own free-cash-flow line reads 123.48M.FY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
0.00CADFY2025 · Dec 31, 2025Interest Paid
11.24MCADFY2025 · Dec 31, 2025Starting Profit (CF Statement)
20.80MCADFY2025 · Dec 31, 2025Depreciation & Amortization
108.76MCADFY2025 · Dec 31, 2025Deferred Taxes (CF)
6.84MCADFY2025 · Dec 31, 2025Stock-based Compensation
9.73MCADFY2025 · Dec 31, 2025Other Non-cash Items
451.00KCADFY2025 · Dec 31, 2025Capital Expenditures
-4.39MCADFY2025 · Dec 31, 2025Other Investing Activity
-159.20MCADFY2025 · Dec 31, 2025Net Investing Cash Flow
-163.60MCADFY2025 · Dec 31, 2025Long-term Debt Issuance
153.07MCADFY2025 · Dec 31, 2025Long-term Debt Payments
-2.12MCADFY2025 · Dec 31, 2025Common Stock Repurchase
-1.72MCADFY2025 · Dec 31, 2025Common Dividends Paid
-115.91MCADFY2025 · Dec 31, 2025Other Financing Charges
946.00KCADFY2025 · Dec 31, 2025Net Financing Cash Flow
34.27MCADFY2025 · Dec 31, 2025Shares Outstanding
175.66MSharesUpdated Aug 21, 2026Float Shares
136.60MSharesUpdated Aug 21, 2026Shares Short
7.70MSharesUpdated Aug 21, 2026Short Ratio
4.41daysvs all stocks
% Held by Insiders
22.31%vs all stocks
% Held by Institutions
10.28%vs all stocks
Total Cash (MRQ)
8.26MCAD5.99M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.0470CADUpdated Aug 21, 2026Total Debt (MRQ)
135.42MCAD98.22M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.1397xvs Oil & Gas E&P peers
Current Ratio (MRQ)
0.6350xvs Oil & Gas E&P peers
Book Value per Share (MRQ)
5.52CADUpdated Aug 21, 2026Total Assets
1.36BCAD984.38M · vs all stocks (USD)
Total Current Assets
59.06MCADFY2025 · Dec 31, 2025Total Liabilities
521.74MCADFY2025 · Dec 31, 2025Total Non-current Assets
1.30BCADFY2025 · Dec 31, 2025Total Non-current Liabilities
411.37MCADFY2025 · Dec 31, 2025Total Current Liabilities
110.36MCADFY2025 · Dec 31, 2025Accounts Receivable
53.69MCADFY2025 · Dec 31, 2025Accounts Payable
90.96MCADFY2025 · Dec 31, 2025Short-term Debt
1.75MCADFY2025 · Dec 31, 2025Long-term Debt
241.28MCADFY2025 · Dec 31, 2025Common Stock (Book)
1.13BCADFY2025 · Dec 31, 2025Retained Earnings
-302.17MCADFY2025 · Dec 31, 2025Total Shareholders' Equity
835.47MCAD605.96M · vs all stocks (USD)
Treasury Stock
3.41MCADFY2025 · Dec 31, 202552-Week Low
7.18CADUpdated Aug 21, 202652-Week High
13.38CADUpdated Aug 21, 202652-Week Change
62.55%vs all stocks
Beta
0.9630xvs all stocks
50-Day MA
11.11CADUpdated Aug 21, 2026200-Day MA
10.34CADUpdated Aug 21, 2026Avg 10-Day Volume
684.44KSharesUpdated Aug 21, 2026Avg 30-Day Volume
984.77KSharesUpdated Aug 21, 2026Diluted EPS (TTM)
0.3500CADUpdated Aug 21, 2026Other Income / Expense
-50.38MCADFY2025 · Dec 31, 20254 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Diagnostic
Depreciation-Heavy Reported Profit
It reports a profit, and much of the gap to cash is depreciation rather than earnings.
Reads
Cash-Backed Earnings Configuration
More cash comes in than it reports as profit, little goes back out on equipment, and much of the gap is depreciation.
Reads
FCF Ratios Elevated
Its free cash flow is large next to assets and equity, and more of its operating cash reaches it than in its industry.
Reads
Industry-Benchmarked Return on Capital Elevated
It earns more on its assets and its equity than its industry, and gets more sales from those assets.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Operating margin is 48.2%, higher than 95% of its Oil & Gas E&P peers (median 16.2%)Significant
Operating margin: 0.48Industry median: 0.16Industry P95: 0.36Peers compared: 29.00
Structural Tensions
Pays more per share than it earned over the last twelve monthsSignificant
Payout Ratio: 2.06Dividend per Share: 0.72Earnings per Share: 0.35
Financial Health
Altman Z-Score 2.31: grey zoneSignificant
Altman Z-Score: 2.31
High earnings qualityNotable
Earnings Quality Score: 1.08
Supply Chain
Midstream position: 6 outgoing, 9 incoming connectionsNotable
Outgoing: 6.00Incoming: 9.00
High connectivity hub: 15 industry connectionsNotable
Total Connections: 15.00
Scale
Market cap is $1.54B, above the global median of $1.15BNotable
Market cap (USD): 1,542,399,011.011Global Median: 1,146,734,693.424
Levered free cash flow is $31.85M, above the global median of $16.24MNotable
Levered free cash flow (USD): 31,849,646.313Global Median: 16,239,329.704
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