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system
how do i fundamentally analyze this stock so i may see if the company is running well?
user
a) nothing would support this company going back to $.50 per share b) fundamentally the market for this sectors has been obliterated and the fundamentals don't look like they will improve. similar companies experience what this one is and will be going through, they borrow the hilt and hope they can pump enough oil and sell the oil at a high price. oil goes below, wayyy below the price they can sell it at and even break even, so they are burning cash until they declare bankruptcy. this company is not an exception. so here is what to look at on their balance sheet: assets and liabilities. liabilities are debt. their debt is over 50% of their assets, that debt has interest and there is no way they are making a profit. their website's last financial statement is from september 30th.. lol, so they haven't even released a quarterly financial statement in two quarters straight, so have they released anything? given what we know about the dire state of the entire oil drilling industry, lets see if these guys are the exception to the rule (spoiler; they aren't) february 15th, 2015 http://www.marketwatch.com/story/strategic-oil-gas-ltd-provides-operations-update-2015-02-19-16173591 the company prudently elected to stop the winter muskeg drilling program     in order to preserve capital. so now they aren't even getting new assets to resale, they aren't making any money from that operation, their debt still has interest payments though. approximately 700 boe/d of production has been shut-in by suspending     operations at bistcho, cameron hills and larne, which are not economic     at current commodity prices. predictable. also, you should notice from their actual financial statements (from 6 months ago, lol) (when the price of oil was over 100% higher than it is today, lol), this company already wasn't a good performer. they have been financing themselves by doing private placements, by issuing shares to investors that are not you, and diluting the share value of all other shareholders. dead in the water. i got this from skimming their financial report, without even being familiar with how canadian companies report. its just bad news. you shouldn't be married to this investment.
assistant