Spyglass Resources Corp. (SGLRF) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Spyglass Resources Corp. (SGLRF) trades at $0.00001. Spyglass Resources Corp. operated as an oil and gas company in the Western Canadian Sedimentary Basin. The company faced financial difficulties, leading to an involuntary petition filed by lenders in 2015. Sector: Energy.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for SGLRF: SGLRF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SGLRF against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
SGLRF: 2/3 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Spyglass Resources Corp. (SGLRF) Energy Operations & Outlook
Spyglass Resources Corp. (SGLRF) is an intermediate oil and gas company focused on exploration and production in the Western Canadian Sedimentary Basin. With key properties in Alberta and British Columbia, the company faced financial challenges leading to an involuntary petition in 2015, impacting its operational status.
What Is the Investment Thesis for SGLRF?
Spyglass Resources Corp. presents a complex investment case due to its past financial difficulties and subsequent involuntary petition in 2015. Key value drivers included its proved plus probable reserves of 54,129 Mboe as of 2014 and its strategic asset locations in the Western Canadian Sedimentary Basin. However, the company's negative profit margin of -71.5% and high beta of -9.75 indicate significant financial instability and market volatility. Potential growth catalysts are uncertain given the company's financial history. Investors should carefully consider the risks associated with investing in companies with a history of financial distress and operational challenges.
Based on FMP financials and quantitative analysis
SGLRF Key Highlights
Proved plus probable reserves of 54,129 Mboe as of December 31, 2014, indicating a substantial resource base.
- Negative profit margin of -71.5%, reflecting significant financial challenges.
- Gross margin of 49.4%, suggesting potential profitability at the operational level before accounting for overhead and other expenses.
- Beta of -9.75, indicating high volatility and a negative correlation with the market.
- No dividend yield, reflecting the company's financial constraints and inability to return capital to shareholders.
Who Are SGLRF's Competitors?
SGLRF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| TTGXF Trans Canada Gold Corp. | $0.09 | -0.76% | $5.17M | 64 |
| MXC Mexco Energy Corporation | $9.87 | +8.34% | $20.2M | 72 |
| VOC VOC Energy Trust | $3.36 | -0.59% | $57.1M | 59 |
| CRT Cross Timbers Royalty Trust | $10.50 | -0.38% | $63.0M | 69 |
| NRT North European Oil Royalty Trust | $8.66 | -0.80% | $79.6M | 87 |
| CSTPF Arrow Exploration Corp. | $0.38 | -0.30% | $108M | 59 |
| DTNOY DNO ASA | $18.54 | +0.00% | $181M | 66 |
| CNPRF Condor Energies Inc. | $3.18 | +0.00% | $255M | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SGLRF's Key Strengths?
Strategic asset locations in the Western Canadian Sedimentary Basin.
- Proved plus probable reserves of 54,129 Mboe (as of 2014).
- Technical expertise in oil and gas exploration and production.
- Established infrastructure for production and transportation.
What Are SGLRF's Weaknesses?
Negative profit margin of -71.5%.
- High beta of -9.75, indicating significant volatility.
- Financial distress leading to an involuntary petition in 2015.
- Limited access to capital for future development.
What Could Drive SGLRF Stock Higher?
Potential restructuring or asset sales to address financial challenges.
- Fluctuations in commodity prices impacting revenue and profitability.
- Changes in regulatory policies affecting oil and gas exploration and production.
What Are the Key Risks for SGLRF?
Negative return on equity (-41.1%) — the business is not currently generating profit on shareholder capital.
- Financial distress and potential for bankruptcy.
- Commodity price volatility impacting profitability.
- Environmental liabilities and regulatory compliance costs.
- Competition from larger, more established players.
- Geopolitical risks and economic uncertainty.
What Are the Growth Opportunities for SGLRF?
- Enhanced Oil Recovery (EOR) Techniques: Implementing advanced EOR techniques in existing fields could boost production and reserves. The global EOR market is projected to reach $117 billion by 2028, offering a substantial opportunity for companies that can effectively deploy these technologies. Timeline: 2026-2028.
- Strategic Acquisitions: Acquiring smaller, distressed assets in the Western Canadian Sedimentary Basin could provide access to additional reserves and production capacity at attractive valuations. The market for distressed assets in the energy sector is expected to remain active in the near term. Timeline: 2026-2027.
- Natural Gas Development: Focusing on the development of natural gas resources could capitalize on the growing demand for cleaner energy sources. The global natural gas market is projected to grow at a CAGR of 4.5% through 2026, driven by increasing demand from power generation and industrial sectors. Timeline: 2026-2028.
- Cost Optimization: Implementing cost-cutting measures and improving operational efficiency could enhance profitability and cash flow. The industry is increasingly focused on reducing costs and improving efficiency to remain competitive in a low-price environment. Timeline: Ongoing.
- Partnerships and Joint Ventures: Forming partnerships with larger companies or joint ventures could provide access to capital, technology, and expertise. Collaboration can help mitigate risk and accelerate development of new projects. Timeline: 2026-2027.
What Are SGLRF's Competitive Advantages?
- Access to oil and gas reserves in the Western Canadian Sedimentary Basin.
- Established infrastructure for production and transportation.
- Technical expertise in oil and gas exploration and production.
- Strategic location of properties in key resource areas.
What Does SGLRF Do?
Spyglass Resources Corp., formerly known as Pace Oil & Gas Ltd., was an intermediate oil and gas company engaged in the operation of oil and natural gas properties within the Western Canadian Sedimentary Basin. The company rebranded to Spyglass Resources Corp. in March 2013 following its amalgamation with Charger Energy Corp. and AvenEx Energy Corp. Spyglass's principal properties were strategically located in key areas such as Dixonville, Enchant, Retlaw, Matziwin, and Halkirk-Provost in Alberta, as well as Noel in British Columbia. As of December 31, 2014, Spyglass Resources Corp. reported proved plus probable reserves of 54,129 Mboe, highlighting its resource base at the time. Headquartered in Calgary, Canada, the company aimed to capitalize on the region's oil and gas potential. However, on November 26, 2015, a syndicate of lenders initiated an involuntary petition against Spyglass Resources Corp. in the Court of Queen's Bench of Alberta, which was subsequently approved by the Court on the same day, marking a significant turning point in the company's operational history.
What Products and Services Does SGLRF Offer?
- Explores for oil and natural gas resources.
- Develops and operates oil and natural gas properties.
- Extracts and produces crude oil and natural gas.
- Manages reserves and production assets.
- Markets and sells produced oil and gas.
- Maintains infrastructure for production and transportation.
How Does SGLRF Make Money?
- Generates revenue through the sale of crude oil and natural gas.
- Focuses on acquiring and developing oil and gas properties.
- Manages production costs to maximize profitability.
- Utilizes reserves to sustain production levels.
What Industry Does SGLRF Operate In?
Spyglass Resources Corp. operated within the oil and gas exploration and production industry, which is characterized by cyclical commodity prices and high capital intensity. The Western Canadian Sedimentary Basin is a key region for oil and gas production, but companies operating in this area face competition from larger, more established players. The industry is also subject to regulatory changes and environmental concerns, which can impact profitability and growth prospects. Competitors include companies like ALME, CYNS, IGPG, LBYE, and NKRSF, which operate in similar segments of the energy market.
Who Are SGLRF's Key Customers?
- Oil and gas purchasers and distributors.
- Refineries that process crude oil.
- End-users of natural gas for heating and power generation.
- Industrial consumers of oil and gas products.
Company Profile
Spyglass Resources Corp. operates in the Oil & Gas Exploration & Production industry within the Energy sector. It is headquartered in Calgary, CA. The company is led by CEO Daniel James O'Byrne. SGLRF has traded publicly since 2009.
Key Financial Metrics
Return on equity for Spyglass Resources Corp. stands at -41.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -27.7%, showing how much profit it generates from its asset base. A current ratio of 0.97 means current liabilities exceed short-term assets, a liquidity point worth watching.
Financial Health
Spyglass Resources Corp.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile.
SGLRF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Strategic asset locations in the Western Canadian Sedimentary Basin.
- Proved plus probable reserves of 54,129 Mboe (as of 2014).
- Technical expertise in oil and gas exploration and production.
- Established infrastructure for production and transportation.
Bear Case
- Negative profit margin of -71.5%.
- High beta of -9.75, indicating significant volatility.
- Financial distress leading to an involuntary petition in 2015.
- Limited access to capital for future development.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
SGLRF Latest News
No recent news available for SGLRF.
SGLRF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SGLRF.
Price Targets
Wall Street price target analysis for SGLRF.
SGLRF MoonshotScore
What does this score mean?
The MoonshotScore rates SGLRF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Daniel James O'Byrne
CEO
Daniel James O'Byrne served as the CEO of Spyglass Resources Corp., managing a workforce of 195 employees. Information regarding his detailed career history, educational background, and previous roles is not available in the provided data. Further research would be required to provide a comprehensive profile of his professional experience and qualifications.
Track Record: Due to limited information, it is not possible to assess Daniel James O'Byrne's specific achievements, strategic decisions, or company milestones during his tenure as CEO of Spyglass Resources Corp. The available data indicates that the company faced significant financial challenges during his leadership, culminating in an involuntary petition in 2015.
SGLRF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, encompassing companies that may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may be subject to limited regulatory oversight and may not provide regular financial disclosures, increasing the risk for investors. Trading on the OTC Other tier often involves greater uncertainty and potential for fraud compared to exchanges like NYSE or NASDAQ.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Potential for price manipulation due to low trading volume.
- Higher risk of fraud compared to listed exchanges.
- Limited regulatory oversight and investor protection.
- Uncertainty regarding the company's financial health and operational performance.
- Verify the company's legal status and registration.
- Attempt to obtain audited financial statements.
- Research the background and experience of the company's management team.
- Assess the company's business model and competitive position.
- Evaluate the company's assets and liabilities.
- Understand the risks associated with investing in OTC securities.
- Consult with a qualified financial advisor.
- Company was formerly listed as Pace Oil & Gas Ltd.
- Operated oil and gas properties in the Western Canadian Sedimentary Basin.
- Reported proved plus probable reserves of 54,129 Mboe as of 2014.
- Headquartered in Calgary, Canada.
SGLRF Energy Stock FAQ
What does Spyglass Resources Corp. do?
Spyglass Resources Corp. was an intermediate oil and gas company focused on the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. The company's operations included managing properties in Alberta and British Columbia, extracting crude oil and natural gas, and marketing these resources.
What do analysts say about SGLRF stock?
Given the company's financial distress and its trading status on the OTC market, formal analyst coverage is likely limited or non-existent. Key valuation metrics such as price-to-earnings ratio are not meaningful due to negative earnings. Investors should focus on the company's financial health, asset base, and potential for restructuring or asset sales. The lack of analyst coverage increases the risk and uncertainty associated with investing in SGLRF.
What are the main risks for SGLRF?
The main risks for SGLRF include its financial distress and the potential for bankruptcy, commodity price volatility impacting profitability, environmental liabilities and regulatory compliance costs, competition from larger, more established players, and geopolitical risks and economic uncertainty. The company's trading status on the OTC market also introduces additional risks related to liquidity, transparency, and regulatory oversight. Investors should carefully consider these risks before investing in SGLRF.
What are the key factors to evaluate for SGLRF?
Evaluate SGLRF on fundamentals, analyst consensus, and risk factors. Spyglass Resources Corp. presents a complex investment case due to its past financial difficulties and subsequent involuntary petition in 2015. Not financial advice.
How frequently does SGLRF data refresh on this page?
SGLRF's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven SGLRF's recent stock price performance?
Spyglass Resources Corp. (SGLRF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strategic asset locations in the Western Canadian Sedimentary Basin. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SGLRF overvalued or undervalued right now?
Spyglass Resources Corp. (SGLRF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research SGLRF before investing?
Before investing in Spyglass Resources Corp. (SGLRF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2014-2015. The company's current operational status may have changed.
- OTC market data may be limited and less reliable than data from listed exchanges.