DXI : DXI Energy Inc Stock Profile

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

DXI Energy Inc trades with the ticker DXI on the TSX and is in the Oil & Gas E&P industry.

Overview
DXI Energy Inc. acquires, explores for, and develops energy projects with a focus on oil and gas exploration in North America. The company holds approximately 37,000 net acres of oil and gas leases in the Peace River Arch of northeastern British Columbia and northwestern Alberta, Canada; and The Piceance, Paradox, and Uinta Basins in the US Rocky Mountains. The company was formerly known as Dejour Energy Inc. and changed its name to DXI Energy Inc. in October 2015. DXI Energy Inc. was incorporated in 1968 and is headquartered in Vancouver, Canada.
 

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

DXI.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $2.529MM

PE Ratio:

Price: 2.99 (Updated: 3/12/2024 0:47:16)



DXI Energy Inc (DXI) vs Competitors in Oil & Gas E&P

Lets see how DXI.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

  • DXI Energy Inc (DXI) vs Advantage Oil & Gas Ltd (AAV)
    • AAV has higher EPS (0.59 vs -0.078). DXI provides dividends, while AAV does not. DXI has a P/E under 0, indicating AAV (P/E 16.729) is in a better position.
  • DXI Energy Inc (DXI) vs Africa Oil Corp (AOI)
    • AOI has higher EPS (0.24 vs -0.078). AOI has higher dividend yield (3.2% vs 0.0%). DXI has a P/E under 0, indicating AOI (P/E 8.708) is in a better position.
  • DXI Energy Inc (DXI) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (2.61 vs -0.078). ARX has higher dividend yield (2.9% vs 0.0%). DXI has a P/E under 0, indicating ARX (P/E 8.981) is in a better position.
  • DXI Energy Inc (DXI) vs Athabasca Oil Corporation (ATH)
    • DXI has higher EPS (-0.078 vs -0.09). DXI provides dividends, while ATH does not. ATH and DXI both have P/E’s under 0.
  • DXI Energy Inc (DXI) vs Birchcliff Energy Ltd (BIR)
    • BIR has higher EPS (0.32 vs -0.078). BIR has higher dividend yield (7.2% vs 0.0%). DXI 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 (3.56) than the industry average (4.55), indicating attractive valuation.
 

How to Buy DXI 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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