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    Oil & Gas Exploration & Production
Pieridae Energy Limited

Pieridae Energy Limited

PEA.TO
Pieridae Energy LimitedCA flagToronto Stock Exchange
0.33
CAD
- -
- -
95.83MMarket Cap
Pieridae Energy Limited
PEA.TO
(Toronto Stock Exchange)

Recent

price

0.33

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
0.01
0.01
0.01
0.01
- -
4.15
0.03
- -
- -
0.04
1.02
1.52
2.02
2.96
2.37
1.16
0.95
Revenue per Share
-0.3
0.46
-0.55
-0.51
- -
2.57
-0.21
-0.81
-0.21
-0.61
-0.65
-0.57
-0.23
0.84
0.06
-0.2
-0.14
Basic EPS, GAAP
-2.78
-0.48
-0.98
-1.72
- -
-0.53
-0.2
-0.48
-0.25
-0.17
-0.5
-0.09
0.09
0.28
0.31
-0.1
-0.02
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.84
-0.79
8.1
6.65
- -
9.45
9.1
-1.4
1.24
1.42
0.83
-0.06
-0.29
0.56
0.67
0.51
0.48
Book Value per Share
5.94
7.2
8.65
7.29
- -
10.25
9.86
-0.99
1.44
1.61
0.95
0.03
-0.19
0.65
1.1
0.88
0.63
Tangible Book Value per Share
4
5
6
7
6
7
8
17
41
57
109
175
175
175
159
192
211
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
28
- -
- -
- -
2
112
267
353
519
378
223
201
Sales/Revenue/Turnover
-6,642.41
-4,723.1
-10,402.19
-7,284.14
- -
87.46
-903.39
- -
-6,657.78
-762.2
-29.11
-18.39
1.28
22.86
9.67
-40.58
-45.85
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
22
44
48
56
62
60
56
Depreciation Expense
-1
2
-3
-3
- -
18
-2
-14
-9
-35
-72
-101
-40
147
9
-39
-30
Net Income, GAAP
- -
29.42
- -
- -
- -
28.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
36.05
Effective Tax Rate (%)
-5,204.69
4,840.06
-8,751.83
-5,482.77
- -
61.97
-796.04
- -
-9,805.56
-1,445.09
-64.05
-37.71
-11.23
28.24
2.38
-17.46
-14.88
Profit Margin (%)
3
10
13
8
- -
2
3
-24
11
-76
19
-20
-88
-217
-21
-3
-36
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
206
221
211
2
143
161
147
LT Debt
27
34
48
49
- -
70
74
-17
59
92
104
4
-33
115
174
168
133
Total Equity
- -
-4.59
- -
- -
- -
50.58
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
-149.1
- -
- -
- -
54.69
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
22.51
Return on Capital (%)
- -
- -
- -
-7.63
- -
54.42
-2.33
- -
- -
-52.86
-83.47
- -
- -
- -
8.75
-37.87
-29.69
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
11
12
13
LT Borrowings
155
158
144
LT Finance Leases
1
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
191
290
290
Market Capitalization
43
45
71

Working Capital

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
107
114
80
Cash, Cash Equivalents & STI
6
9
11
Accounts Receivable, Net
38
50
44
Inventories
4
4
4
Total Current Liabilities
110
117
116
Payables & Accruals
96
96
93
ST Debt
11
12
13
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-184.72%
-270.07%
-3.43%
Free Cash Flow
66.66%
-43.68%
-138.15%
Net Income, GAAP
-6.01%
-223.31%
-533.19%
Sales/Revenue/Turnover
- -
29.97%
-40.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
136
78
79
84
378
2024
82
53
40
48
223
2025
60
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.08
0.02
-0.1
- -
0.06
2024
-0.04
-0.11
0.04
- -
-0.2
2025
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Cavvy Energy Ltd, formerly Pieridae Energy Limited, is a Canadian energy company engaged in upstream production and midstream custom processing of natural gas, natural gas liquids (NGLs), condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and northeast British Columbia. The company produces and processes raw natural gas through key facilities including the Waterton, Jumping Pound, and Caroline gas plants, offering third-party gathering and processing services with increased volumes such as 81.8 MMcf/d in Q1 2025; it derives products including condensate (C5+), NGLs, and sulphur, while maintaining hedging positions for natural gas, condensate, and power. Headquartered in Calgary, Alberta, at 1100, 411 – 1st Street SE, the company traces its roots to entities formed in 2017 through amalgamation, with predecessor operations dating back to 1979, and operates across Southern Foothills near Waterton to Sierra/Ekwan in Northeast BC, focusing on conventional gas reservoirs, facility optimizations, and responsible energy delivery to meet societal needs. In recent developments, Cavvy Energy changed its name from Pieridae Energy Limited effective May 9, 2025, and completed a continuance from federal to Alberta provincial jurisdiction; it raised equity in Q3/Q4 2024 to fund a $25-30 million 2025 capital program emphasizing high-impact well and facility optimizations worth $10-14 million for revenue growth, cost reductions, and GHG compliance; executed a hedge monetization in March 2025 yielding $10.2 million; sold its Goldboro LNG equity stake in 2024 with bridge loan repayment supported by Alberta Investment Management Corporation (AIMCo) private placement; shut-in uneconomic production amid low AECO prices, targeting 23,000-25,000 boe/d guidance with no drilling in 2025 until deleveraging and price recovery. The company serves energy markets with a focus on efficiency, processing revenue growth, debt reduction, and custom processing opportunities leveraging excess capacity in deep-cut sour gas infrastructure.