Cooper Energy Future Growth

Future criteria checks 4/6

Cooper Energy is forecast to grow earnings and revenue by 78.8% and 12.2% per annum respectively. EPS is expected to grow by 76.3% per annum. Return on equity is forecast to be 12.1% in 3 years.

Key information

78.8%

Earnings growth rate

76.3%

EPS growth rate

Oil and Gas earnings growth	6.7%
Revenue growth rate	12.2%
Future return on equity	12.1%
Analyst coverage	Good
Last updated	18 Sep 2024

Recent future growth updates

Recent updates

Is Cooper Energy (ASX:COE) Weighed On By Its Debt Load?

Jun 06

Cooper Energy Limited (ASX:COE) Shares Fly 46% But Investors Aren't Buying For Growth

Mar 18

Cooper Energy Limited's (ASX:COE) Price Is Right But Growth Is Lacking After Shares Rocket 30%

Dec 31

Cooper Energy Limited (ASX:COE) Analysts Are Way More Bearish Than They Used To Be

Jan 29

How Many Cooper Energy Limited (ASX:COE) Shares Have Insiders Sold, In The Last Year?

Jan 23

Earnings and Revenue Growth Forecasts

ASX:COE - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	317	54	92	179	10
6/30/2026	293	35	71	160	11
6/30/2025	252	21	53	112	11
6/30/2024	219	-114	-166	-100	N/A
3/31/2024	210	-131	-104	-36	N/A
12/31/2023	202	-155	-41	29	N/A
9/30/2023	199	-112	-127	46	N/A
6/30/2023	197	-60	-213	63	N/A
3/31/2023	204	-35	-196	74	N/A
12/31/2022	211	-9	-180	85	N/A
9/30/2022	208	-10	-71	71	N/A
6/30/2022	205	-11	37	58	N/A
3/31/2022	192	-12	20	44	N/A
12/31/2021	178	-13	3	29	N/A
9/30/2021	155	-21	-12	19	N/A
6/30/2021	132	-30	-27	8	N/A
3/31/2021	110	-73	-31	16	N/A
12/31/2020	88	-115	-35	23	N/A
9/30/2020	83	-101	-34	36	N/A
6/30/2020	78	-86	-34	48	N/A
3/31/2020	78	-40	-52	51	N/A
12/31/2019	78	7	-70	54	N/A
9/30/2019	77	-3	-122	37	N/A
6/30/2019	76	-12	-174	21	N/A
3/31/2019	74	-9	N/A	N/A	N/A
12/31/2018	72	-5	-221	11	N/A
9/30/2018	70	11	-209	16	N/A
6/30/2018	67	27	-196	22	N/A
12/31/2017	58	14	N/A	20	N/A
9/30/2017	46	2	N/A	12	N/A
6/30/2017	35	-10	N/A	4	N/A
12/31/2016	17	1	N/A	-1	N/A
9/30/2016	19	-8	N/A	4	N/A
6/30/2016	20	-18	N/A	8	N/A
3/31/2016	22	1	N/A	7	N/A
12/31/2015	24	20	N/A	7	N/A
9/30/2015	29	2	N/A	4	N/A
6/30/2015	34	-15	N/A	2	N/A
3/31/2015	45	-32	N/A	13	N/A
12/31/2014	56	-49	N/A	24	N/A
9/30/2014	64	-13	N/A	37	N/A
6/30/2014	72	22	N/A	50	N/A
3/31/2014	70	16	N/A	42	N/A
12/31/2013	67	10	N/A	34	N/A
9/30/2013	60	6	N/A	23	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: COE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: COE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: COE is expected to become profitable in the next 3 years.

Revenue vs Market: COE's revenue (12.2% per year) is forecast to grow faster than the Australian market (5.5% per year).

High Growth Revenue: COE's revenue (12.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: COE's Return on Equity is forecast to be low in 3 years time (12.1%).

Cooper Energy Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 35%

Price target increased by 8.6% to AU$0.23

Price target increased by 8.1% to AU$0.21

Consensus EPS estimates fall by 103%

Consensus EPS estimates fall from profit to AU$0.03 loss, revenue upgraded

Price target increased by 7.5% to AU$0.19

Recent updates

Full year 2024 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 35%

Is Cooper Energy (ASX:COE) Weighed On By Its Debt Load?

Price target increased by 8.6% to AU$0.23

Price target increased by 8.1% to AU$0.21

Cooper Energy Limited (ASX:COE) Shares Fly 46% But Investors Aren't Buying For Growth

Consensus EPS estimates fall by 103%

Consensus EPS estimates fall from profit to AU$0.03 loss, revenue upgraded

First half 2024 earnings released: AU$0.034 loss per share (vs AU$0.002 loss in 1H 2023)

Price target increased by 7.5% to AU$0.19

Cooper Energy Limited to Report First Half, 2024 Results on Feb 27, 2024

New minor risk - Share price stability

Consensus EPS estimates fall by 49%

Cooper Energy Limited's (ASX:COE) Price Is Right But Growth Is Lacking After Shares Rocket 30%

Cooper Energy Limited to Report Q2, 2024 Results on Jan 23, 2024

Strike Energy Reportedly Out of Race for Oil, Gas Assets

Price target decreased by 7.9% to AU$0.19

Woodside Energy's Pyrenees and Macedon Oil and Gas Projects Reportedly Up for Sale through Morgan Stanley

Full year 2023 earnings: EPS and revenues miss analyst expectations

New major risk - Financial position

Cooper Energy Limited Appoints Nicole Ortigosa as Company Secretary and General Counsel

Price target decreased by 8.7% to AU$0.22

Is Cooper Energy (ASX:COE) Using Debt In A Risky Way?

Cooper Energy Limited Revises Production Guidance for Fiscal Year 2023

Hector Gordon Intends to Retire as Non-Executive Director of Cooper Energy Limited, Effective on 23 June 2023

Independent Non-Executive Director recently bought AU$153k worth of stock

Price target decreased by 8.1% to AU$0.24

Independent Non-Executive Chairman recently bought AU$99k worth of stock

First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in 1H 2022)

Price target decreased by 9.9% to AU$0.26

Cooper Energy Limited to Report Fiscal Year 2023 Final Results on Oct 09, 2023

Cooper Energy Limited to Report Q1, 2024 Results on Oct 24, 2023

Cooper Energy Limited to Report Q2, 2023 Results on Jan 24, 2023

Cooper Energy Limited Announces Appointment of Jane Norman as Managing Director and CEO

Cooper Energy Limited Affirms Production Guidance for the Fiscal Year 2023

Cooper Energy Limited Announces Retirement of David Maxwell as Managing Director

Full year 2022 earnings released: AU$0.006 loss per share (vs AU$0.018 loss in FY 2021)

Cooper Energy Limited Announces Reserves and Contingent Resources At 30 June 2022

Cooper Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 159.969188 million.

Cooper Energy and APA Announces Operations Update

Forecast breakeven date moved forward to 2022

Cooper Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 84 million.

Cooper Energy Limited (ASX:COE) entered into binding agreement to acquire Orbost Gas Processing Plant of APA Group for AUD 330 million.

Cooper Energy Limited Revises Sales and Production Guidance for Fiscal 2022

Cooper Energy Limited Revises Production Guidance for the Fiscal Year 2022

Cooper Energy Limited Announces Executive Changes

Cooper Energy and APA Announces Operations Update

First half 2022 earnings: EPS misses analyst expectations

Cooper Energy Limited Provides Production Guidance for the Second Half of 2022

Consensus forecasts updated

Consensus forecasts updated

Consensus EPS estimates fall to -AU$0.0089

Cooper Energy Reportedly in Talks to Buy Orbost Gas Processing Plant from APA

Chief Financial Officer Virginia Suttell has left the company

Full year 2021 earnings released: AU$0.018 loss per share (vs AU$0.053 loss in FY 2020)

Price target decreased to AU$0.32

Cooper Energy Limited Provides Sales and Production Guidance for the Full Year Fiscal 2021

Is Cooper Energy (ASX:COE) Using Debt Sensibly?

Cooper Energy Limited Revises Earnings and Production Guidance for the Fiscal Year 2021

Cooper Energy Limited Provides Production Guidance for the Fiscal 2021

New 90-day low: AU$0.29

A Look At The Intrinsic Value Of Cooper Energy Limited (ASX:COE)

Revenue misses expectations

Is Cooper Energy (ASX:COE) Using Too Much Debt?

First half 2021 earnings released: AU$0.014 loss per share (vs AU$0.004 profit in 1H 2020)

Cooper Energy Limited to Report First Half, 2021 Results on Feb 15, 2021

New 90-day low: AU$0.32

Cooper Energy Limited (ASX:COE) Analysts Are Way More Bearish Than They Used To Be

Eni Reportedly Dumps Oil and Gas Exit as Bids Fall Short