Hemisphere Energy (HME) Stock Price, News & Analysis

Company Overview

Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009. Hemisphere Energy Corporation was founded in 1977 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$1.84 to C$1.90
• 50-Day Range: C$1.63 to C$2.02
• 52-Week Range: C$1.23 to C$2.03
• Volume: 97,617 shs
• Average Volume: 96,263 shs
• Market Capitalization: C$181.78 million
• P/E Ratio: 6.38
• Dividend Yield: 5.41%
• Price Target: C$1.90
• Consensus Rating: Strong Buy

Hemisphere Energy Stock Analysis - MarketRank™

Hemisphere Energy scored higher than 25% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Hemisphere Energy has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hemisphere Energy has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hemisphere Energy is 6.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.88.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hemisphere Energy is 6.38, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 94.48.

Price to Book Value per Share Ratio

Hemisphere Energy has a P/B Ratio of 2.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HME.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Hemisphere Energy is a leading dividend payer. It pays a dividend yield of 5.26%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Hemisphere Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hemisphere Energy is 34.48%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for HME.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.17

News Sentiment

Hemisphere Energy has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Hemisphere Energy this week, compared to 3 articles on an average week.

MarketBeat Follows

2 people have added Hemisphere Energy to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hemisphere Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.37% of the stock of Hemisphere Energy is held by insiders.

Percentage Held by Institutions

Only 0.69% of the stock of Hemisphere Energy is held by institutions.

HME Stock Analysis - Frequently Asked Questions

How have HME shares performed this year?

Hemisphere Energy's stock was trading at C$1.29 on January 1st, 2024. Since then, HME stock has increased by 43.4% and is now trading at C$1.85.
View the best growth stocks for 2024 here.

How were Hemisphere Energy's earnings last quarter?

Hemisphere Energy Co. (CVE:HME) released its quarterly earnings results on Tuesday, August, 20th. The company reported $0.10 earnings per share for the quarter, hitting analysts' consensus estimates of $0.10. The company had revenue of $22.68 million for the quarter, compared to the consensus estimate of $26.84 million. Hemisphere Energy had a trailing twelve-month return on equity of 45.52% and a net margin of 38.45%.

How do I buy shares of Hemisphere Energy?

Shares of HME stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Hemisphere Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hemisphere Energy investors own include Gear Energy (GXE), AltaGas (ALA), Andean Precious Metals (APM), Bird Construction (BDT), Birchcliff Energy (BIR), Bank of Montreal (BMO) and Bank of Nova Scotia (BNS).

Company Calendar

• Last Earnings: 8/20/2024
• Today: 10/21/2024
• Next Earnings (Estimated): 11/19/2024

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: CVE:HME
• CUSIP: N/A
• CIK: N/A
• Web: www.hemisphereenergy.ca
• Phone: +1-604-6859255
• Fax: N/A
• Employees: 8
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$1.90
• High Stock Price Target: C$1.90
• Low Stock Price Target: C$1.90
• Potential Upside/Downside: 0.0%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.29
• Trailing P/E Ratio: 6.55
• Forward P/E Ratio: 5.43
• P/E Growth: N/A
• Net Income: C$29.61 million
• Net Margins: 38.45%
• Pretax Margin: N/A
• Return on Equity: 45.52%
• Return on Assets: 27.24%

Debt

• Debt-to-Equity Ratio: 4.35
• Current Ratio: 3.98
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: C$77.01 million
• Price / Sales: 2.42
• Cash Flow: C$0.00 per share
• Price / Cash Flow: 655.00
• Book Value: C$0.73 per share
• Price / Book: 2.60

Miscellaneous

• Outstanding Shares: 98,260,000
• Free Float: N/A
• Market Cap: C$186.69 million
• Optionable: Not Optionable
• Beta: 1.95