Loading institutional data...
Loading institutional data...
No institutional (13F) filings cover this company, so the Overview and 13F tabs are thin. Everything drawn from its SEC filings is here.
Loading snapshot...
Loading financials...
Loading valuation...
Loading analysis...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Solve the discounted cash flow backwards, then stress-test the assumptions.
This company doesn't have positive free cash flow on any basis, so a reverse DCF can't be run.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on -$10K FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest expense isn't separately reported — often netted into “other income (expense), net.” Interest last disclosed in FY2020 (no longer broken out).
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-10-28
How a revenue dollar becomes profit — FY2025
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $76K 100.0% | $135K 100.0% | $199K 100.0% | $398K 100.0% | $31K 100.0% | $0 | $0 | — | — | — |
| Selling, General & Admin | $505 0.7% | $389 0.3% | $799 0.4% | $632 0.2% | $862 2.8% | $2K | $14K | $13K | $6K | $8K |
| Total Operating Expenses | $100K 131.3% | $157K 116.1% | $235K 117.7% | $211K 53.0% | $108K 343.9% | $70K | $266K | $226K | $301K | $7.9M |
| Interest Expense | — | — | — | — | — | $240 | $339 | $315 | $282 | $264 |
| Interest & Investment Income | $3K 4.1% | $5K 3.8% | $5K 2.4% | $2K 0.5% | $509 1.6% | $952 | $2K | $2K | $815 | $998 |
| Other Income (Expense), net | -$15K -19.3% | $33K 24.5% | $9K 4.5% | $290K 72.9% | -$142K -454.2% | $47K | $47K | $240K | $581K | $587K |
| Income Tax Expense | $0 0.0% | $0 0.0% | $0 0.0% | — | — | — | — | — | — | — |
| Net Income | -$39K -50.6% | $11K 8.3% | -$26K -13.2% | $478K 119.9% | -$218K -698.1% | -$23K | -$219K | $14K | $280K | -$7.3M |
| Per Share | ||||||||||
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.02 | -$0.01 | $0.00 | -$0.01 | $0.00 | $0.02 | -$0.56 |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.02 | -$0.01 | $0.00 | -$0.01 | $0.00 | $0.02 | -$0.56 |
| Weighted Avg Shares (Basic) | 20.1M | 20.1M | 20.1M | 20.1M | 20.1M | 20.1M | 19.3M | 16.9M | 14.9M | 13.0M |
| Weighted Avg Shares (Diluted) | 20.1M | 20.1M | 20.1M | 20.1M | 20.1M | 20.1M | 19.3M | 16.9M | 15.3M | 13.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Ranked against 37 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-09-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EOG | $85.1B | 17.8× | 8.3× | 3.8× | -4.5% | — | 22.0% | 16.7% | 13.2% | 0.4× | 490 |
| OXY | $63.0B | 39.1× | — | 2.9× | -1.9% | — | 11.0% | 6.6% | 4.2% | — | 383 |
| FANG | $57.8B | 36.0× | 11.4× | 3.9× | 35.8% | — | 11.1% | 4.5% | 3.2% | 2.3× | 361 |
| DVN | $56.3B | 12.3× | — | 3.3× | 7.8% | — | 15.4% | 17.0% | 11.0% | — | 451 |
| EQT | $34.1B | 16.5× | 7.2× | 4.0× | 63.9% | 82.3% | 23.6% | 8.6% | 6.5% | 1.3× | 277 |
| PR | $21.4B | 20.0× | — | 4.2× | 1.3% | — | 18.5% | 9.1% | 6.8% | — | 151 |
| EXE | $20.9B | 11.9× | 4.6× | 1.7× | 186% | — | 15.0% | 9.8% | 7.7% | 0.8× | 206 |
| OVV | $19.8B | 15.0× | 7.5× | 2.2× | -2.7% | — | 13.9% | 11.1% | 7.6% | 1.6× | 148 |
| AR | $12.7B | 20.3× | 8.6× | 2.4× | 22.0% | — | 12.8% | 8.9% | 7.5% | 0.9× | 137 |
| RRC | $12.6B | 19.7× | — | 4.0× | 28.9% | 94.0% | 21.1% | 15.2% | 11.9% | — | 124 |
| SM | $9.4B | 7.0× | — | 3.0× | 17.2% | — | 20.5% | 13.5% | 13.5% | — | 107 |
| CHRD | $8.4B | 207.6× | 5.8× | 1.7× | -7.1% | 80.0% | 0.9% | 0.6% | 0.5% | 0.8× | 110 |
| MTDR | $7.4B | 9.8× | 4.5× | 2.0× | 5.5% | 94.4% | 20.5% | 13.4% | 8.4% | 1.4× | 95 |
| MGY | $7.1B | — | 8.2× | 5.4× | -0.3% | — | 24.8% | 16.3% | 13.6% | 0.1× | 83 |
| MUR | $6.1B | 59.5× | 5.5× | 2.3× | -10.2% | 100% | 3.8% | 2.0% | 1.6% | 0.7× | 97 |
| CNX | $5.4B | 9.2× | 5.4× | 2.4× | 76.8% | — | 28.3% | 14.6% | 9.4% | 1.6× | 73 |
| CRC | $4.9B | 13.2× | 5.4× | 1.3× | 14.7% | — | 9.9% | 9.9% | 7.3% | 1.0× | 67 |
| CRK | $4.3B | 10.2× | 5.5× | 1.9× | 77.0% | — | 17.8% | 14.9% | 7.3% | 2.2× | 62 |
| PARR | $3.7B | 10.2× | 6.3× | 0.5× | -6.4% | — | 4.9% | 24.4% | 16.0% | 0.9× | 94 |
| TALO | $3.0B | — | 7.7× | 1.7× | -9.8% | — | -27.8% | -22.8% | -14.6% | 1.7× | 66 |
| NOG | $3.0B | 71.3× | — | 1.2× | 11.2% | 80.9% | 1.6% | 1.8% | 0.9% | — | 69 |
| GPOR | $2.9B | 7.7× | 4.1× | 2.0× | 48.5% | 74.8% | 30.1% | 23.3% | 16.3% | 0.9× | 52 |
| BKV | $2.3B | 10.2× | 6.3× | 2.0× | 9.9% | — | 15.7% | 9.0% | 5.7% | 1.8× | 20 |
| AESI | $1.2B | — | 11.6× | 1.1× | 3.7% | 13.8% | -4.6% | -4.2% | -2.8% | 3.9× | 52 |
| REPX | $1.1B | 6.9× | 6.0× | 2.9× | -4.4% | — | 41.0% | 25.4% | 18.2% | 1.0× | 29 |
| SPOWF | $401703 | — | — | 5.3× | -43.5% | — | -50.6% | 14.5% | 14.5% | — | — |
Peers = companies sharing SPOWF's sector (Crude Petroleum & Natural Gas) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-10-28
Where each multiple sits in its own 14-yr range · 80th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
ROE 14% against ROIC 14% — 0% of the return on equity comes from leverage and buybacks rather than from the operating business.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
Operating leverage needs meaningful revenue change.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| SG&A | — | — | — | 2.8 | 0.2 | 0.4 | 0.3 | 0.7 |
| Income Tax | — | — | — | — | — | 0.0 | 0.0 | 0.0 |
| Net Income | — | — | — | -698.1 | 119.9 | -13.2 | 8.3 | -50.6 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on SPOWF: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
No positive operating income in the last three years, so there is no return on capital to compare against its cost.
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2021 | not reported | not reported | -698.1% |
| FY2022 | not reported | not reported | 119.9% |
| FY2023 | not reported | not reported | -13.2% |
| FY2024 | not reported | not reported | 8.3% |
| FY2025 | not reported | not reported | -50.6% |
No material counter-signal in the checked set: ROIC vs WACC spread, 5-year spread history, gross margin trend, operating margin trend, net margin against 3 years ago, revenue growth, ROIC ex-goodwill gap.
Missing from our data, so excluded from this answer: tax_rate.
Fewer than three profitable years with a cash flow statement, so cash conversion cannot be judged.
No material counter-signal in the checked set: FCF / net income over 3 and 5 years, Sloan accruals, SBC as a share of revenue, SBC as a share of operating cash flow, SBC-adjusted free cash flow, free cash flow per diluted share, buybacks against SBC issued, capex vs depreciation, free cash flow against revenue, share count since the first year on file, cash conversion cycle (DSO, DIO, DPO), receivables growth against revenue growth.
Missing from our data, so excluded from this answer: 3 years of cash flow.
No debt, so there is no leverage path to distress.
Balance sheet at 2025-12-31. Undrawn revolving credit is not shown: the tag is collected but not yet mapped through to the API.
Cash burn, not leverage, is the risk for a debt-free company — see question 2 for cash conversion.
No positive free cash flow to discount, so the price cannot be expressed as a growth requirement.
No material counter-signal in the checked set: reverse-DCF implied growth, historical FCF CAGR, per-year FCF growth distribution, reporting-basis breaks, discount rate used, free-cash-flow basis (stock comp charged?).
Missing from our data, so excluded from this answer: free_cash_flow.