1. Canada Stocks

  2. •

    Energy

  3. •

    Oil & Gas Exploration & Production
Journey Energy Inc.

Journey Energy Inc.

JOY.TO
Journey Energy Inc.CA flagToronto Stock Exchange
3.98
CAD
-0.12
- -
268.57MMarket Cap
Journey Energy Inc.
JOY.TO
(Toronto Stock Exchange)

Recent

price

3.98

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.3
5.94
2.74
2
2.28
2.97
2.8
1.64
2.96
4.69
3.88
3.27
2.99
2.93
Revenue per Share
0.1
-2.56
-2.55
1.21
-2.69
-0.94
-0.78
-1.31
2.18
2.95
0.26
0.08
0.39
0.18
Basic EPS, GAAP
-0.62
-4.93
0.15
-0.09
-0.59
-0.42
0.17
0.15
0.8
0.09
0.34
-0.11
-0.09
-0.14
Free Cash Flow per Basic Share
- -
0.33
0.15
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
4.64
7.59
3.21
4.43
1.57
-1.35
-1.9
-3.08
-0.64
3.27
3.39
3.36
3.55
3.46
Book Value per Share
4.77
7.79
3.7
5.04
2.23
1.4
0.8
-0.46
1.86
5.41
5.25
5.24
5.28
5.21
Tangible Book Value per Share
43
35
44
44
49
40
40
43
45
53
60
62
67
67
Basic Weighted Avg Shares
99
210
120
87
113
118
112
71
134
247
234
204
201
197
Sales/Revenue/Turnover
16.28
18.88
-14.16
-10.83
-8.56
-2.99
-4.38
-39.86
21.65
29.39
11.88
4.77
11.45
9.58
Operating Margin (%)
28
55
45
28
35
33
35
39
23
29
38
39
44
44
Depreciation Expense
4
-90
-111
53
-133
-37
-31
-57
99
155
16
5
26
12
Net Income, GAAP
32.67
- -
- -
32.62
- -
- -
- -
- -
- -
- -
20.73
28.36
6.35
43.76
Effective Tax Rate (%)
4.38
-43.06
-92.85
60.29
-117.9
-31.61
-27.9
-79.86
73.75
62.85
6.76
2.52
12.89
6.27
Profit Margin (%)
-15
-13
-14
-70
-77
-9
-84
-24
-11
-66
-59
-29
-19
-34
Working Capital
70
80
90
28
28
125
48
60
41
38
12
36
35
36
LT Debt
206
275
162
220
110
56
32
-20
84
285
316
327
355
350
Total Equity
- -
- -
- -
-2.31
- -
- -
- -
- -
27.96
- -
5.72
1.84
5.49
7.01
Return on Invested Capital (%)
- -
- -
- -
22.18
- -
- -
- -
- -
-1,596.6
- -
8.49
4.06
12.07
14.04
Return on Capital (%)
- -
-38.62
-54.6
31.54
-98.21
- -
- -
- -
- -
- -
8.41
2.49
11.57
5.49
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
17
16
16
LT Borrowings
35
35
36
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
67
67
Market Capitalization
217
214
367

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
32
36
38
Cash, Cash Equivalents & STI
- -
2
- -
Accounts Receivable, Net
18
25
28
Inventories
- -
- -
- -
Total Current Liabilities
55
55
72
Payables & Accruals
32
32
39
ST Debt
17
16
16
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-53.25%
-52.88%
8.64%
Free Cash Flow
83.06%
107.38%
-18.97%
Net Income, GAAP
-47.96%
5.62%
403.93%
Sales/Revenue/Turnover
11.88%
30.76%
-1.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
54
52
49
49
204
2025
54
47
53
47
201
2026
49
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
-0.04
0.01
0.06
0.08
2025
0.12
0.06
0.07
0.14
0.39
2026
-0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Anton Oilfield Services Group (3337.HK)
Crown Point Energy Inc. (CWVLF)
Upland Resources Limited (UPL.L)
Eagle Ford Oil & Gas Corp. (ECCE)
i3 Energy Plc (I3E.L)
Cavvy Energy Ltd. (PTOAF)
Business
Journey Energy Inc. (TSX: JOY) is a Calgary-based exploration and production company focused on conventional oil-weighted operations in the Western Canada Sedimentary Basin, primarily in Alberta; it engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGLs), including heavy and light/medium crude oil, coal-bed methane, and conventional natural gas; the company also develops and operates power generation properties, sells condensates and NGLs, and implements secondary and tertiary recovery projects such as waterfloods and polymer usage on its legacy oil pools. Founded in 2007 as Sword Energy Inc. and renamed Journey Energy Inc. in July 2012, it maintains headquarters at 517 10th Avenue SW, Calgary, Alberta, T2R 0A8, and targets undercapitalized assets to generate long-term value through drilling, optimization, and accretive acquisitions. Journey operates across key areas including Medicine Hat, Kaybob, Ferrier, Ante Creek, Countess, Gilby, Mazeppa, and Central Alberta's Duvernay light oil play, with sales volumes weighted approximately 20% heavy crude oil, 27% light/medium crude oil, 9% NGLs, 6% coal-bed methane, and 37% conventional natural gas. In recent developments, Journey entered a joint venture with Spartan Delta Corp. on May 7, 2024, to develop 128 sections in the Duvernay west shale basin, participating in multiple wells including 10 (3.0 net) drilled to date with strong initial production exceeding expectations, and forecasting $30 million net capital in 2025 for seven additional wells (2.1 net) capped at $100 million gross joint venture expenditures. The company continues advancing its power generation expansion, with the 15.1 MW Gilby project slated for completion in fourth-quarter 2025 and re-energization of the 16.5 MW Mazeppa facility acquired in 2023, aiming to boost power sales to the Alberta grid by over 350% for revenue diversification; in 2025, it amended term debt repayment terms with Alberta Investment Management Corporation (AIMCo) to defer near-term principal payments until September 2025, secured a new $55 million credit facility with a Canadian chartered bank in March 2025, and projects total capital spending of $50 million including $10 million for power projects. A transformational $140 million acquisition of oil-weighted assets closed in fall 2022 from Enerplus expanded production to approximately 14,200-14,600 boe/d pro forma and increased liquids weighting to 55%, bolstered by extensive seismic data and infrastructure for future development.