BNG : Bengal Energy Ltd Stock Profile

Last Updated: 3/12/2024 0:47:16

Bengal Energy Ltd trades with the ticker BNG on the TSX and is in the Oil & Gas E&P industry.

Overview
Bengal Energy Ltd. engages in the exploration, development, and production of oil and gas reserves in Australia. It holds interests in the PL 303 Cuisinier, ATP 934 Barrolka, ATP 732 Tookoonooka, and four petroleum licenses situated within an area of the Cooper Basin. The company was formerly known as Avery Resources Inc. and changed its name to Bengal Energy Ltd. in July 2008. Bengal Energy Ltd. was incorporated in 1996 and is headquartered in Calgary, Canada.
 

Looking to invest in Bengal Energy Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

BNG.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $12.133MM

PE Ratio:

Price: 0.03 (Updated: 3/12/2024 0:47:16)



Bengal Energy Ltd (BNG) vs Competitors in Oil & Gas E&P

Lets see how BNG.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:

Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd

.

Oil & Gas E&P Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Advantage Oil & Gas Ltd (AAV) $1,577.226 16.729 5.77 N/A%
Africa Oil Corp (AOI) $959.473 8.708 6.836 3.2%
ARC Resources Ltd (ARX) $13,990.234 8.981 4.539 2.9%
Athabasca Oil Corporation (ATH) $2,937.06 N/A 26.708 N/A%
Birchcliff Energy Ltd (BIR) $1,471.439 17.25 4.987 7.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas E&P

  • Bengal Energy Ltd (BNG) vs Advantage Oil & Gas Ltd (AAV)
    • AAV has higher EPS (0.59 vs 0.0). BNG has a P/E under 0, indicating AAV (P/E 16.729) is in a better position.
  • Bengal Energy Ltd (BNG) vs Africa Oil Corp (AOI)
    • AOI has higher EPS (0.24 vs 0.0). AOI provides dividends, while BNG does not. BNG has a P/E under 0, indicating AOI (P/E 8.708) is in a better position.
  • Bengal Energy Ltd (BNG) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (2.61 vs 0.0). ARX provides dividends, while BNG does not. BNG has a P/E under 0, indicating ARX (P/E 8.981) is in a better position.
  • Bengal Energy Ltd (BNG) vs Athabasca Oil Corporation (ATH)
    • BNG has higher EPS (0.0 vs -0.09). ATH and BNG both have P/E’s under 0.
  • Bengal Energy Ltd (BNG) vs Birchcliff Energy Ltd (BIR)
    • BIR has higher EPS (0.32 vs 0.0). BIR provides dividends, while BNG does not. BNG has a P/E under 0, indicating BIR (P/E 17.25) is in a better position.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-17.57) than the industry average (4.55), indicating attractive valuation.
 

How to Buy BNG stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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