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Company ProfileCondor Energies Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
CDR.TO
Condor Energies Inc. Stock AnalysisComprehensive stock analysis for Condor Energies Inc. (CDR.TO) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisCDR.TO
CDR.TO
Condor Energies Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
CDR.TO
Home🔹Stocks🔹Condor Energies Inc.

Condor Energies Inc.

FRC Coverage
🇨🇦CDR.TO•TSX

Condor Energies Inc.

FRC Coverage
🇨🇦CDR.TO•TSX
Sentiment

Your view on CDR.TO

Sentiment
Your view
Company Overview

Overview

What the company does, where it operates, and who runs it.

*Condor Energies Inc. has paid FRC a fee for research coverage and distribution of reports.

About Condor Energies Inc.

Industry
Oil & Gas Exploration & Production
Sector
Energy
CEO
Donald V. Streu
Headquarters
500 – 4th Avenue S.W. Suite 1810, Calgary, AB, CA
Industry
Oil & Gas Exploration & Production
Sector
Energy
CEO
Donald V. Streu
Headquarters
500 – 4th Avenue S.W. Suite 1810, Calgary, AB, CA
Description

Condor Energies Inc., an oil and gas company, engages in the production of natural gas in Uzbekistan, Turkey, and Kazakhstan.

It owns100% interests in the Poyraz Ridge and Destan operating licenses and gas fields located in Turkiye; and the Sayakbay and Kolkuduk exploration licenses in Kazakhstan for mining solid minerals, including lithium and other critical minerals.

FRC Research
Buy
Fair Value Estimate
CAD$3.27

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

Report · May 16, 2025

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FRC Research
Buy
Fair Value Estimate
CAD$3.27

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

Report · May 16, 2025

Sign in to view

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Condor Energies Inc., and the rating behind it. CDR.TO last traded at C$4.48; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Condor Energies Inc.. Starting points for Condor Energies Inc.: EPS -C$0.09, beta 0.48 — an Oil & Gas Exploration & Production name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Condor Energies Inc.. Condor Energies Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Condor Energies Inc.. Trailing twelve-month EPS for Condor Energies Inc. stands at -C$0.09. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Condor Energies Inc.. Condor Energies Inc. has reported as a listed company since 2012. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Condor Energies Inc. valued side by side against its closest peers. Condor Energies Inc. is measured against Oil & Gas Exploration & Production peers within the Energy sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Condor Energies Inc., and how their positions are changing. At a C$304.8M market value, institutional positions materially move Condor Energies Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Condor Energies Inc. executives and directors. Shares of Condor Energies Inc. have traded between C$1.32 and C$2.52 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Condor Energies Inc.. Condor Energies Inc. is a C$304.8M Energy company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Condor Energies Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Condor Energies Inc.. Coverage tracks Condor Energies Inc. within Oil & Gas Exploration & Production (Energy). Press releases and market coverage, newest first.

Discussion

Comments

Comments and replies from FRC members about this company.

Peer companies

  • AXL.VArrow Exploration Corp.
  • BNE.TOBonterra Energy Corp.
  • E.TOEvolution PowerX Corp.
  • MCB.TOMcCoy Global Inc.
  • ORC-B.VOrca Energy Group Inc.
  • QEC.TOQuesterre Energy Corporation
  • RECO.VReconnaissance Energy Africa Ltd.

More Oil & Gas Exploration & Production companies

  • PRM.AXProminence Energy Ltd
  • PRMRFParamount Resources Ltd.
  • PROPPrairie Operating Co.
  • PRPRFPrairie Provident Resources Inc.
  • PRQ.TOPetrus Resources Ltd.
  • PRTPermRock Royalty Trust
  • PRTDFPetro Matad Limited
  • PSK.TOPrairieSky Royalty Ltd.
  • PSSSPuissant Industries, Inc.
  • PSTRQPostRock Energy Corporation
  • PTALFPetroTal Corp.
  • PTCOPetroGas Company

ETFs holding Condor Energies Inc.

Largest holders, then the funds most concentrated in CDR.TO · % = share of the fund

  • ZXM.TOCI Morningstar International Momentum Index ETF0.52%
  • XCS.TOiShares S&P/TSX SmallCap Index ETF0.11%
  • DFICDimensional - International Core Equity 2 ETF0.00%
  • EGIF.TOExemplar Growth and Income Fund0.12%

Research Reports

4 reports

*Condor Energies Inc. has paid FRC a fee for research coverage and distribution of reports.

May 16, 2025

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

Condor Energies (TSX: CDR) posts record Q1 revenue, 4% production growth. On track for Asia’s first LNG facility in 2026, targeting record 2025 revenue. Uzbekistan gas...

Thumbnail for On Track for Record Revenue & Production, and Key LNG Milestones
Mar 28, 2025

Steady Production Growth, Record Revenue Outlook, and Multiple Catalysts Ahead

Condor Energies (TSX: CDR) Q4-2024 production up 4%, Q1-2025 jumps 19% to 73,000 mcf/d. Uzbekistan deal and 2026 LNG project fuel 2025 revenue outlook

Thumbnail for Steady Production Growth, Record Revenue Outlook, and Multiple Catalysts Ahead
Nov 18, 2024

Production Growth in Uzbek Gas Fields Signals Strong 2025 Outlook

In Q3-2024, production, revenue, and operating netback remained relatively flat QoQ, in line with our estimates. Nearly all of the company’s production comes from a 20-year...

Thumbnail for Production Growth in Uzbek Gas Fields Signals Strong 2025 Outlook
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*Condor Energies Inc. has paid FRC a fee for research coverage and distribution of reports.

Feb 24, 2025·1y agoLatest
Company Announcement
A new gas well flows at 1,300 boepd; announces preliminary guidance for Q4 production and revenue
FRC Analyst's Comment
Positive – As part of its ongoing workover programs on gas fields in Uzbekistan, CDR has added 1,300 boepd in new production from a previously unproductive well. The company has identified at least five additional wells with a similar profile that can be brought into production. CDR’s current production is 11,455 boepd, and with our 2025 full-year forecast of 11,667 boepd, we are pleased to see such a rapid production ramp-up within the first two months of the year, with significant potential for growth in the upcoming quarters. Q4-2024 production averaged 10,510 boepd, up 5% QoQ, matching our estimate. With Q4 revenue of $20.9M, total 2024 revenue came in at $66.5M, falling just 0.3% short of our forecasted $66.7M. The audited 2024 financial statements will be available next month, after which we will issue a detailed update report.
Nov 26, 2024·1y ago
Company Announcement
Announces a $15M brokered equity financing
FRC Analyst's Comment
Positive - Proceeds will be used to fund an ongoing workover program to CDR's gas fields in Uzbekistan. The company's largest investor, Eurasia Resource Value (a Cyprus-based institutional investor), will be a lead investor in the current financing, demonstrating their continued confidence in CDR's initiatives. The company's production has increased to 11,066 boed, up 11% from the Q3 average. We were only anticipating a 7% increase in Q4. We anticipate record revenue and EPS in 2024 and 2025. CDR is up 39% since we initiated coverage last month.
Oct 28, 2024·1y ago
Company Announcement

Promising results from workover programs at natural gas fields in Uzbekistan

FRC Analyst's Comment
Positive - Shares are up 52% since we launched coverage earlier this month. CDR has completed five out of seven planned workover wells, adding 740 boepd of new production, reflecting a 7% increase in overall output. The company is planning additional workover wells. Q3 results are anticipated next month, where we expect record production and EPS. We project a 17% YoY increase in production for 2025. Government of Uzbekistan to operate eight gas fields. Management aims to increase production by over 50% in the next three to four years using proven Western technologies.

News

Latest Market News