ASX:ABL

Stock Analysis Report

Abilene Oil and Gas

Executive Summary

Abilene Oil and Gas Limited focuses on oil and gas exploration, development, and production in mid-continent regions, including Kansas and Oklahoma.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Abilene Oil and Gas's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ABL's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

ABL

-5.5%

AU Oil and Gas

-3.6%

AU Market


1 Year Return

-50.0%

ABL

-14.1%

AU Oil and Gas

10.9%

AU Market

Return vs Industry: ABL underperformed the Australian Oil and Gas industry which returned -14.1% over the past year.

Return vs Market: ABL underperformed the Australian Market which returned 10.9% over the past year.


Shareholder returns

ABLIndustryMarket
7 Day0%-5.5%-3.6%
30 Day0%-13.5%-3.7%
90 Dayn/a-12.2%-0.2%
1 Year-50.0%-50.0%-10.8%-14.1%15.6%10.9%
3 Year-77.8%-77.8%9.0%-2.8%34.1%16.0%
5 Year-86.7%-94.3%-0.8%-17.5%44.9%12.6%

Price Volatility Vs. Market

How volatile is Abilene Oil and Gas's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Abilene Oil and Gas undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Abilene Oil and Gas is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Abilene Oil and Gas has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of ABL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Abilene Oil and Gas regulatory filings.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Abilene Oil and Gas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.8%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Abilene Oil and Gas has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Abilene Oil and Gas performed over the past 5 years?

20.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ABL is currently unprofitable.

Growing Profit Margin: ABL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ABL is unprofitable, but has reduced losses over the past 5 years at a rate of 20.6% per year.

Accelerating Growth: Unable to compare ABL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ABL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-0.7%).


Return on Equity

High ROE: ABL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Abilene Oil and Gas's financial position?


Financial Position Analysis

Short Term Liabilities: ABL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ABL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ABL has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ABL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: ABL has a low level of unsold assets or inventory.

Debt Coverage by Assets: ABL has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ABL has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ABL has less than a year of cash runway if free cash flow continues to grow at historical rates of 23% each year.


Next Steps

Dividend

What is Abilene Oil and Gas's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ABL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ABL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ABL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ABL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ABL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.4yrs

Average board tenure


CEO

Abilene Oil and Gas has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Paul Salter
Non-Executive Chairman6.4yrsAU$100.00kno data
Mordechai Benedikt
Non-Executive Director6.7yrsAU$66.20k1.44% A$11.4k
Peter Best
Non Executive Director1.7yrsAU$36.00kno data

6.4yrs

Average Tenure

Experienced Board: ABL's board of directors are considered experienced (6.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Abilene Oil and Gas Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Abilene Oil and Gas Limited
  • Ticker: ABL
  • Exchange: ASX
  • Founded: 1970
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$795.228k
  • Shares outstanding: 397.61m
  • Website: https://www.abilene.com.au

Location

  • Abilene Oil and Gas Limited
  • 100 Albert Road
  • Level 4
  • South Melbourne
  • Victoria
  • 3205
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WOII.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1980
ABLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1980
ABLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1980

Biography

Abilene Oil and Gas Limited focuses on oil and gas exploration, development, and production in mid-continent regions, including Kansas and Oklahoma. The company was formerly known as World Oil Resources Limited and changed its name to Abilene Oil and Gas Limited in December 2014. Abilene Oil and Gas Limited was incorporated in 1970 and is based in South Melbourne, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 10:39
End of Day Share Price2020/02/20 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.