Journey Energy Inc trades with the ticker JOY on the TSX and is in the Oil & Gas E&P industry.
Overview
Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company was formerly known as Sword Energy Inc. and changed its name to Journey Energy Inc. in July 2012. Journey Energy Inc. was founded in 2007 and is headquartered in Calgary, Canada.
Looking to invest in Journey Energy Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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JOY.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $209.817MM
PE Ratio: 1.859
Price: 3.27 (Updated: 3/12/2024 0:47:16)
Journey Energy Inc (JOY) vs Competitors in Oil & Gas E&P
Lets see how JOY.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($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
- Journey Energy Inc (JOY) vs Advantage Oil & Gas Ltd (AAV)
- JOY has higher EPS (1.84 vs 0.59). AAV has a higher P/E ratio (16.729 vs 1.859) indicating it’s more expensive.
- Journey Energy Inc (JOY) vs Africa Oil Corp (AOI)
- JOY has higher EPS (1.84 vs 0.24). AOI provides dividends, while JOY does not. AOI has a higher P/E ratio (8.708 vs 1.859) indicating it’s more expensive.
- Journey Energy Inc (JOY) vs ARC Resources Ltd (ARX)
- ARX has higher EPS (2.61 vs 1.84). ARX provides dividends, while JOY does not. ARX has a higher P/E ratio (8.981 vs 1.859) indicating it’s more expensive.
- Journey Energy Inc (JOY) vs Athabasca Oil Corporation (ATH)
- JOY has higher EPS (1.84 vs -0.09). ATH has a P/E under 0, indicating JOY (P/E 1.859) is in a better position.
- Journey Energy Inc (JOY) vs Birchcliff Energy Ltd (BIR)
- JOY has higher EPS (1.84 vs 0.32). BIR provides dividends, while JOY does not. BIR has a higher P/E ratio (17.25 vs 1.859) indicating it’s more expensive.
Our Recommendation: Hold
Has a lower P/E ratio (1.86) than the industry average (9.55), indicating potential undervaluation. Features a lower EV/EBITDA ratio (3.63) than the industry average (4.55), indicating attractive valuation.
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