Bass Oil Limited engages in the exploration and production of oil and gas in Indonesia.
+ 1 more risk
Mediocre balance sheet with acceptable track record.
Share Price & News
How has Bass Oil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BAS's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: BAS underperformed the Australian Oil and Gas industry which returned -19.1% over the past year.
Return vs Market: BAS underperformed the Australian Market which returned 6.7% over the past year.
Price Volatility Vs. Market
How volatile is Bass Oil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould Bass Oil Limited (ASX:BAS) Focus On Improving This Fundamental Metric?
1 month ago | Simply Wall StHow Should Investors React To Bass Oil Limited's (ASX:BAS) CEO Pay?
1 month ago | Simply Wall StThe Bass Oil (ASX:BAS) Share Price Has Gained 100% And Shareholders Are Hoping For More
Is Bass Oil undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BAS (A$0) is trading below our estimate of fair value (A$0.01)
Significantly Below Fair Value: BAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BAS is poor value based on its PE Ratio (27.4x) compared to the Oil and Gas industry average (9.1x).
PE vs Market: BAS is poor value based on its PE Ratio (27.4x) compared to the Australian market (18x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BAS is overvalued based on its PB Ratio (2.5x) compared to the AU Oil and Gas industry average (1.1x).
How is Bass Oil forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Bass Oil 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.
- Take a look at our analysis of BAS’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.
- Bass Oil competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Bass Oil performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BAS has high quality earnings.
Growing Profit Margin: BAS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BAS has become profitable over the past 5 years, growing earnings by 16.8% per year.
Accelerating Growth: BAS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BAS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-0.7%).
Return on Equity
High ROE: BAS's Return on Equity (9.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Bass Oil's financial position?
Financial Position Analysis
Short Term Liabilities: BAS's short term assets ($1.9M) do not cover its short term liabilities ($2.6M).
Long Term Liabilities: BAS's short term assets ($1.9M) exceed its long term liabilities ($172.9K).
Debt to Equity History and Analysis
Debt Level: BAS's debt to equity ratio (52.3%) is considered high.
Reducing Debt: Insufficient data to determine if BAS's debt to equity ratio has reduced over the past 5 years.
Inventory Level: BAS has a high level of physical assets or inventory.
Debt Coverage by Assets: BAS's debt is covered by short term assets (assets are 3.5x debt).
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: BAS is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: BAS is profitable, therefore cash runway is not a concern.
What is Bass Oil's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate BAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BAS'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 BAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BAS'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 BAS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tino Guglielmo (60yo)
Mr. Giustino Guglielmo, also known as Tino, MAICD, MSPE, B.Eng (Mech), FIEAust, DipAICD, has been the Managing Director of Bass Oil Limited since February 1, 2017 and serves as its Chief Executive Officer. ...
CEO Compensation Analysis
Compensation vs Market: Tino's total compensation ($USD245.80K) is about average for companies of similar size in the Australian market ($USD252.03K).
Compensation vs Earnings: Tino's compensation has been consistent with company performance over the past year.
|MD, CEO & Executive Director||3yrs||US$245.80k||8.55% $428.4k|
|Company Secretary||8.9yrs||US$69.02k||0.22% $11.3k|
|Staff Geologist New Ventures||1.8yrs||US$176.89k||no data|
Experienced Management: BAS's management team is considered experienced (3 years average tenure).
|MD, CEO & Executive Director||3yrs||US$245.80k||8.55% $428.4k|
|Non-Executive Independent Director||5.3yrs||US$44.43k||0.76% $37.9k|
|Non-Executive Independent Director||5.2yrs||US$40.39k||1.28% $64.0k|
|Independent Chairman||5.2yrs||US$60.59k||1.82% $91.2k|
Experienced Board: BAS's board of directors are considered experienced (5.2 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.7%.
Bass Oil Limited's company bio, employee growth, exchange listings and data sources
- Name: Bass Oil Limited
- Ticker: BAS
- Exchange: ASX
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$5.013m
- Shares outstanding: 3.34b
- Website: https://www.bassoil.com.au
- Bass Oil Limited
- 11-19 Bank Place
- Level 5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BAS||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Sep 2004|
|BAS||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Sep 2004|
Bass Oil Limited engages in the exploration and production of oil and gas in Indonesia. It holds a 55% interest in the Tangai-Sukananti KSO production assets located in South Sumatra, Indonesia. The company was formerly known as Bass Strait Oil Company Ltd and changed its name to Bass Oil Limited in March 2017. Bass Oil Limited is based in Melbourne, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 10:34|
|End of Day Share Price||2020/02/27 00:00|
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.