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Explore our latest company evaluations, delivering straightforward insights into financial and operational performance. Our regularly updated reports cover each company‘s current state, future outlook, and stock fair value. Fees have been paid to FRC by the issuers to commission these reports and research coverage. This fee creates a potential conflict of interest which readers should consider.

Condor Energies Inc. 🔹 Oil & Gas E&P

Thumbnail for On Track for Record Revenue & Production, and Key LNG Milestones

Published on: 5/16/2025

On Track for Record Revenue & Production, and Key LNG Milestones

Condor Energies Inc. (TSX: CDR/OTC: CNPRF) reported Q1 results meeting expectations with record revenue and 4% QoQ production growth to 64,917 mcf/d. EBITDA surged 37%, and free cash flow turned positive, though EPS of -$0.001 missed estimates due to higher amortization. Operating eight gas fields in Uzbekistan under a 20-year contract, Condor leverages Western technologies to boost output, stabilizing decline rates and reactivating wells. A multi-well program could add 15,000 mcf/d in 2025. The company is on track to launch Asia’s first LNG facility in Kazakhstan by 2026, with a $36M modular unit acquired. Condor anticipates record revenue and EPS in 2025, driven by LNG progress and Uzbekistan production ramp-up. Despite a 4% YTD stock decline, Condor outperforms the S&P Oil & Gas Index, potentially benefiting from pro-energy sentiment.

 

Fisgard Capital Corporation 🔹 Mortgage

Thumbnail for Navigating Market Headwinds with a Conservative Lending Strategy

Published on: 5/15/2025

Navigating Market Headwinds with a Conservative Lending Strategy

Fisgard Capital's 2024 net income rose 29% to $24M, with mortgage receivables at $295M. Low-LTV strategy and 8.2% yield make it resilient in a declining rate environment.

Olympia Financial Group Inc. 🔹 Asset Management

Thumbnail for Services Revenue Boosted by Surge in Client Assets

Published on: 5/13/2025

Services Revenue Boosted by Surge in Client Assets

Olympia Financial (TSX:OLY) Q1-2025 client assets up 8% to $12.97B, services revenue rises 4%. EPS beats forecast despite rate cuts. Tariffs pose risks, but stock trades at 46% discount.

Enterprise Group, Inc. 🔹 Oil & Gas Equipment & Services

Thumbnail for Q1 Misses, but Acquisition and Debt Reduction Alleviate Impact

Published on: 5/13/2025

Q1 Misses, but Acquisition and Debt Reduction Alleviate Impact

Enterprise Group (TSX:E) Q1 revenue down 16%, but debt reduction & FlexEnergy acquisition boost outlook. Up 44% YoY, outperforming oil & gas index. Energy sector tariffs in focus.

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