BYE Stock Overview
Byron Energy Limited engages in the exploration, development, and production of oil and gas properties.
Byron Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.12|
|52 Week High||AU$0.20|
|52 Week Low||AU$0.097|
|1 Month Change||-17.86%|
|3 Month Change||-4.17%|
|1 Year Change||-30.30%|
|3 Year Change||-50.00%|
|5 Year Change||-4.17%|
|Change since IPO||-77.00%|
Recent News & Updates
Is Byron Energy (ASX:BYE) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Returns On Capital Are Showing Encouraging Signs At Byron Energy (ASX:BYE)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
|BYE||AU Oil and Gas||AU Market|
Return vs Industry: BYE underperformed the Australian Oil and Gas industry which returned 8.8% over the past year.
Return vs Market: BYE underperformed the Australian Market which returned 11.4% over the past year.
|BYE Average Weekly Movement||9.7%|
|Oil and Gas Industry Average Movement||12.9%|
|Market Average Movement||8.3%|
|10% most volatile stocks in AU Market||15.9%|
|10% least volatile stocks in AU Market||3.6%|
Stable Share Price: BYE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: BYE's weekly volatility (10%) has been stable over the past year.
About the Company
Byron Energy Limited engages in the exploration, development, and production of oil and gas properties. The company holds working interests in various blocks located in the shallow waters of the Gulf of Mexico, the United States. Byron Energy Limited was incorporated in 2005 and is headquartered in Melbourne, Australia.
Byron Energy Fundamentals Summary
|BYE fundamental statistics|
Is BYE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BYE income statement (TTM)|
|Cost of Revenue||US$20.79m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0|
|Net Profit Margin||16.34%|
How did BYE perform over the long term?See historical performance and comparison
Is Byron Energy undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Byron Energy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Byron Energy 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.
How is Byron Energy 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 Byron Energy 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.
How has Byron Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BYE has a high level of non-cash earnings.
Growing Profit Margin: BYE's current net profit margins (16.3%) are higher than last year (0.3%).
Past Earnings Growth Analysis
Earnings Trend: BYE has become profitable over the past 5 years, growing earnings by 68.6% per year.
Accelerating Growth: BYE's earnings growth over the past year (8465.5%) exceeds its 5-year average (68.6% per year).
Earnings vs Industry: BYE earnings growth over the past year (8465.5%) exceeded the Oil and Gas industry -50.5%.
Return on Equity
High ROE: BYE's Return on Equity (7.2%) is considered low.
How is Byron Energy's financial position?
Financial Position Analysis
Short Term Liabilities: BYE's short term assets ($10.6M) do not cover its short term liabilities ($19.5M).
Long Term Liabilities: BYE's short term assets ($10.6M) do not cover its long term liabilities ($14.1M).
Debt to Equity History and Analysis
Debt Level: BYE's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BYE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BYE's debt is well covered by operating cash flow (97.3%).
Interest Coverage: BYE's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is Byron Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BYE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BYE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BYE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BYE'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 BYE'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
Maynard Smith (70 yo)
Mr. Maynard Venton Smith has been the Chief Executive Officer at Byron Energy Limited since March 18, 2013. Mr. Smith is a geophysicist with technical and managerial experience in the oil and gas industry...
Experienced Management: BYE's management team is seasoned and experienced (8.7 years average tenure).
Experienced Board: BYE's board of directors are considered experienced (8.7 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: Insufficient data to determine if shareholders have been diluted in the past year.
Byron Energy Limited's employee growth, exchange listings and data sources
- Name: Byron Energy Limited
- Ticker: BYE
- Exchange: ASX
- Founded: 2005
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$119.634m
- Shares outstanding: 1.04b
- Website: https://www.byronenergy.com.au
- Byron Energy Limited
- 480 Collins Street
- Level 4
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 09:19|
|End of Day Share Price||2021/11/30 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.