TSX

Journey Energy Inc.

JOY.TO•Energy•Oil & Gas Exploration & Production
Current Price
$5.81
Today's Change
+3.38%
Market Cap
$379.24M
Volume
108.33K
🛢️

Commodity Exposure

Crude Oil

Current Price
$98.41/barrel
+1.30% today
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Industry Context

Energy companies are highly sensitive to oil prices. Every $10/barrel change can impact operating margins by 15-25%.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Journey Energy Inc. is an oil and gas exploration and production company based in Alberta, Canada. It boasts strong profitability metrics with a gross margin of 65.2% and an EBITDA margin of 57.6%, indicating efficient operations. However, its liquidity ratios are concerning, with a current ratio of 0.58, suggesting potential short-term financial strain. Despite solid margins, the low return on equity (5.0%) raises questions about capital efficiency. Overall, while the company shows strong operational performance, its liquidity and capital efficiency warrant closer scrutiny.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$6.81
52 Week Low$3.03
Avg Volume378.31K
Beta1.57
Shares Outstanding67.48M

🔥 Valuation

Market Cap$379.24M
Enterprise Value$428.16M
P/E Ratio15.34
EV/EBITDA ⚠️4.13x
Dividend Yield0.00%

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🚩 Red Flags

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High Debt Load

Debt of $45.6M is 11387.8x the company's cash position of $4K.

🌟 Opportunities

✨

Revenue growing at 13.0% YoY, outpacing typical market growth rates.

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Gross margin expanded by 9.4 percentage points, indicating improved pricing power or cost efficiency.

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Operating margin expanded by 8.1pp, demonstrating strong operational leverage.

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Both gross margin (+9.4pp) and operating margin (+8.1pp) are expanding simultaneously, indicating the company is scaling profitably.

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Exceptional gross margin of 61.5% indicates strong pricing power and competitive moat.

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