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Journey Energy (TSX:JOY) Tangible Book per Share : C$4.99 (As of Mar. 2025)


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What is Journey Energy Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Journey Energy's tangible book value per share for the quarter that ended in Mar. 2025 was C$4.99.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Journey Energy Tangible Book per Share Historical Data

The historical data trend for Journey Energy's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Journey Energy Tangible Book per Share Chart

Journey Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.45 1.75 4.92 5.16 4.87

Journey Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.25 5.23 5.25 4.87 4.99

Competitive Comparison of Journey Energy's Tangible Book per Share

For the Oil & Gas E&P subindustry, Journey Energy's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Journey Energy's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Journey Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Journey Energy's Price-to-Tangible-Book falls into.


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Journey Energy Tangible Book per Share Calculation

Journey Energy's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(326.533-0-0)/67.107
=4.87

Journey Energy's Tangible Book Value Per Share for the quarter that ended in Mar. 2025 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(334.822-0-0)/67.107
=4.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Journey Energy  (TSX:JOY) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Journey Energy Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Journey Energy's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Journey Energy Business Description

Industry
Traded in Other Exchanges
Address
517 - 10th Avenue South West, Suite 700, Calgary, AB, CAN, T2R 0A8
Journey Energy Inc is engaged in the exploration, development, and production of crude oil and natural gas in Alberta province. The company's principal revenue source is from petroleum and natural gas sales which include the sale of crude oil, natural gas and natural gas liquids, of which it derives key revenue from the sale of crude oil.
Executives
Alexander G. Verge Director, Senior Officer
Gerald Gilewicz Senior Officer
Craig Henry Hansen Director
Guido De Ciancio Senior Officer
Richard Tracy Senior Officer
Scott Antony Treadwell Director
Reginald Stevenson Smith Director
Aaron P Bell Senior Officer
Jenna Kaye Director
Brett Boklaschuk Issuer
Tom Mullane Director
Jeffrey Keith Bowers Director

Journey Energy Headlines

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