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Cabo Drilling Corp., a drilling services company, provides contract drilling services to major, mid-tier, and junior mining and mineral exploration companies in Canada, Greece, Panama, Colombia, Albania, Kosovo, and the United States. Its services include surface and underground coring, directional, reverse circulation, and geotechnical drilling. The company also offers tree falling and clearing services; and services to the infrastructure sector. Cabo Drilling Corp. is headquartered in New Westminster, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Publicly quoted on the OTC Pink market as CBEEF, Cabo Drilling Corp has very limited public disclosures and its current operating assets and revenue streams are not clearly described in available filings or company materials. If the company is or becomes an active drilling services provider, long-term growth drivers would typically include energy commodity demand, contract awards and fleet utilization, and investors may benefit if management discloses commercial assets or secures sustainable contracts while information asymmetry remains high.
The most important investment risks are minimal public disclosure, thin trading liquidity, unclear or absent revenue and asset bases, potential lack of current operations and attendant financing and regulatory uncertainty.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
| Income before tax | -3.11M | -2.59M | -3.82M | -6.76M | 0.03M |
| Minority interest | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net income | -5.08M | -2.87M | -6.77M | -5.03M | 0.00M |
| Selling general administrative | 2.87M | 3.29M | 3.96M | 6.39M | 6.58M |
| Gross profit | 1.76M | 3.17M | 0.86M | 0.92M | 10.33M |
| Reconciled depreciation | 1.44M | - | - | - | - |
| Ebit | -2.55M | -1.91M | -3.10M | -5.47M | 0.00M |
| Ebitda | -1.13M | - | - | - | - |
| Non operating income net other | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Operating income | -2.55M | -1.91M | -3.10M | -5.47M | 1.24M |
| Other operating expenses | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Interest expense | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax provision | 1.97M | - | - | - | - |
| Net interest income | -0.55M | - | - | - | - |
| Extraordinary items | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Non recurring | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other items | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Income tax expense | 1.97M | 0.29M | 2.95M | -1.73M | 0.57M |
| Total revenue | 11.98M | 15.36M | 14.65M | 23.01M | 40.52M |
| Total operating expenses | 14.52M | 17.27M | 17.75M | 28.49M | 0.00M |
| Cost of revenue | 10.21M | 12.20M | 13.79M | 22.10M | 30.19M |
| Total other income expense net | -0.02M | -0.68M | -0.72M | -1.28M | 0.00M |
| Discontinued operations | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net income from continuing ops | -5.08M | -2.87M | -6.77M | -5.03M | 0.00M |
| Net income applicable to common shares | -5.08M | -2.87M | -6.77M | -5.03M | 0.00M |
| Preferred stock and other adjustments | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Breakdown | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
| Total assets | 17.00M | 20.76M | 24.18M | 31.80M | 35.77M |
| Intangible assets | 0.19M | 0.20M | 0.00M | 0.00M | 0.00M |
| Other current assets | 0.03M | 0.01M | 0.02M | 0.10M | 0.37M |
| Total liab | 13.02M | 11.61M | 12.18M | 13.10M | 13.18M |
| Total stockholder equity | 3.98M | 9.15M | 11.99M | 18.70M | 22.60M |
| Deferred long term liab | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other current liab | 1.16M | 0.82M | 0.85M | 0.98M | 0.35M |
| Common stock | 34.30M | 34.30M | 34.15M | 34.15M | 32.53M |
| Retained earnings | -30.74M | -25.66M | -22.79M | -16.02M | 0.00M |
| Other liab | 0.00M | 0.00M | 0.09M | 0.27M | 0.00M |
| Good will | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other assets | 0.14M | 1.75M | 1.94M | 4.75M | 2.53M |
| Cash | 0.22M | 0.12M | 0.05M | 0.63M | 0.13M |
| Total current liabilities | 12.97M | 11.41M | 11.76M | 12.68M | 8.73M |
| Short term debt | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Short long term debt | 4.69M | 4.47M | 4.63M | 4.77M | 0.00M |
| Other stockholder equity | 0.42M | 0.51M | 0.64M | 0.57M | 0.00M |
| Property plant equipment | 4.84M | 6.05M | 8.05M | 10.12M | 11.69M |
| Total current assets | 11.83M | 12.76M | 14.18M | 16.94M | 0.00M |
| Long term investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net tangible assets | 3.79M | 8.95M | 11.99M | 18.70M | 0.00M |
| Short term investments | 0.41M | 0.63M | 0.17M | 0.17M | 1.06M |
| Net receivables | 2.21M | 1.67M | 2.33M | 4.11M | 0.00M |
| Long term debt | 0.05M | 0.20M | 0.32M | 0.16M | 4.11M |
| Inventory | 8.52M | 10.17M | 11.45M | 11.83M | 12.69M |
| Accounts payable | 7.11M | 6.12M | 6.03M | 6.67M | 6.14M |
| Total permanent equity | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Noncontrolling interest in consolidated entity | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Temporary equity redeemable noncontrolling interests | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accumulated other comprehensive income | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Additional paid in capital | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common stock total equity | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred stock total equity | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Retained earnings total equity | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Treasury stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accumulated amortization | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Non currrent assets other | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Deferred long term asset charges | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Non current assets total | 5.17M | 0.00M | 0.00M | 0.00M | - |
| Capital lease obligations | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Long term debt total | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Breakdown | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
| Investments | -0.12M | -0.07M | -0.07M | 0.40M | 0.00M |
| Change to liabilities | 1.25M | -0.09M | -0.73M | 0.32M | 0.00M |
| Total cashflows from investing activities | -0.12M | 0.04M | -0.12M | 0.13M | 0.00M |
| Net borrowings | 0.07M | -0.64M | 0.02M | -1.29M | 0.00M |
| Total cash from financing activities | 0.07M | -0.64M | 0.02M | -1.29M | 0.00M |
| Change to operating activities | -0.29M | 0.00M | 0.00M | 0.20M | 0.00M |
| Net income | -5.08M | -2.87M | -6.77M | -5.03M | 0.00M |
| Change in cash | 0.09M | 0.08M | -0.58M | 0.50M | 0.00M |
| Begin period cash flow | 0.12M | - | - | - | - |
| End period cash flow | 0.22M | 0.12M | - | - | - |
| Total cash from operating activities | 0.15M | 0.68M | -0.48M | 1.66M | 2.92M |
| Depreciation | 1.44M | 1.78M | 2.32M | 2.45M | 0.00M |
| Other cashflows from investing activities | 0.00M | 0.01M | 0.03M | 0.07M | 0.04M |
| Dividends paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change to inventory | 0.27M | 1.11M | 0.38M | 1.48M | 0.14M |
| Change to account receivables | -0.64M | 0.48M | 1.62M | 3.63M | 2.75M |
| Sale purchase of stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other cashflows from financing activities | 0.00M | 0.00M | 0.00M | 0.00M | 0.29M |
| Change to netincome | 3.11M | 0.18M | 2.64M | -1.74M | 0.00M |
| Capital expenditures | 0.15M | 0.06M | 0.43M | 0.40M | 1.59M |
| Change receivables | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Cash flows other operating | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Exchange rate changes | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Cash and cash equivalents changes | 0.00M | 0.00M | 0.00M | 0.00M | - |
| Change in working capital | 0.68M | - | - | - | - |
| Free cash flow | -0.00M | - | - | - | - |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CBEEF Cabo Drilling Corp |
- -% |
0.00 | - | - | 0.10 | - | 0.31 | -1.64 |
| BHPLF BHP Group Limited |
- -% |
36.61 | 19.59 | 15.20 | 3.72 | 3.95 | 4.00 | 7.44 |
| BHP BHP Group Limited |
-2.66 3.25% |
79.16 | 19.28 | 15.06 | 3.66 | 3.92 | 3.99 | 7.42 |
| RTNTF Rio Tinto Group |
- -% |
101.79 | 15.69 | 13.70 | 3.05 | 4.44 | 5.10 | 12.05 |
| RTPPF Rio Tinto Group |
- -% |
82.55 | 13.01 | 11.99 | 2.53 | 2.38 | 2.78 | 6.57 |
Cabo Drilling Corp., a drilling services company, provides contract drilling services to major, mid-tier, and junior mining and mineral exploration companies in Canada, Greece, Panama, Colombia, Albania, Kosovo, and the United States. Its services include surface and underground coring, directional, reverse circulation, and geotechnical drilling. The company also offers tree falling and clearing services; and services to the infrastructure sector. Cabo Drilling Corp. is headquartered in New Westminster, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. John Anthony Versfelt | Chairman, Pres & CEO | 1950 |
| Mr. Darren Kendall Timmer | Corp. Sec. | NA |
| Mr. John Anthony Versfelt | Chairman, President & CEO | 1950 |
| Mr. Darren Kendall Timmer | Corporate Secretary | NA |
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