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Calima Energy

ASX:CE1
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CE1
ASX
A$58M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Calima Energy Limited engages in the exploration and production of oil and gas properties worldwide. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
  • Calima Energy has significant price volatility in the past 3 months.
CE1 Share Price and Events
7 Day Returns
-4.8%
ASX:CE1
1.4%
AU Oil and Gas
0.7%
AU Market
1 Year Returns
-25.9%
ASX:CE1
3.8%
AU Oil and Gas
4.7%
AU Market
CE1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Calima Energy (CE1) -4.8% -20% -16.7% -25.9% -4.8% -21.6%
AU Oil and Gas 1.4% -1.6% 5.5% 3.8% 28.7% -32.5%
AU Market 0.7% 1.1% 6.5% 4.7% 17.5% 4.9%
1 Year Return vs Industry and Market
  • CE1 underperformed the Oil and Gas industry which returned 3.8% over the past year.
  • CE1 underperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
CE1
Industry
5yr Volatility vs Market

Value

 Is Calima Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Calima Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.04.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Calima Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Calima Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CE1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:CE1 Share Price ** ASX (2019-04-18) in AUD A$0.04
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Calima Energy.

ASX:CE1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:CE1 Share Price ÷ EPS (both in AUD)

= 0.04 ÷ 0.00

-11.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Calima Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Calima Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Calima Energy's expected growth come at a high price?
Raw Data
ASX:CE1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Calima Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Calima Energy's assets?
Raw Data
ASX:CE1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.04
ASX:CE1 Share Price * ASX (2019-04-18) in AUD A$0.04
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.68x
ASX:CE1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CE1 Share Price ÷ Book Value per Share (both in AUD)

= 0.04 ÷ 0.04

1.1x

* Primary Listing of Calima Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Calima Energy is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Calima Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Calima Energy has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Calima Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Calima 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Calima Energy expected to grow at an attractive rate?
  • Unable to compare Calima Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Calima Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Calima Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:CE1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:CE1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:CE1 Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -2 -3
2018-09-30 0 -2 -3
2018-06-30 0 -2 -2
2018-03-31 0 -2 -2
2017-12-31 -2 -2
2017-09-30 0 -1 -2
2017-06-30 0 -1 -1
2017-03-31 0 -1 -1
2016-12-31 -1 -1
2016-09-30 0 3
2016-06-30 1 -3 7
2016-03-31 1 -5 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Calima Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Calima Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:CE1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Calima Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CE1 Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.01
2016-06-30 0.02
2016-03-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Calima Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Calima Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Calima Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Calima Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Calima Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Calima Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Calima Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Calima Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Calima Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Calima Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Calima Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Calima Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Calima Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CE1 Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.11 -3.13 3.40
2018-09-30 0.08 -2.74 2.59
2018-06-30 0.04 -2.36 1.78
2018-03-31 0.02 -2.40 1.66
2017-12-31 -2.45 1.54
2017-09-30 -0.01 -1.91 1.43
2017-06-30 -0.02 -1.36 1.33
2017-03-31 -0.01 -1.32 1.36
2016-12-31 -1.27 1.40
2016-09-30 0.29 2.86 2.73
2016-06-30 0.58 6.99 4.06
2016-03-31 1.12 -10.08 6.17
2015-12-31 1.66 -27.16 8.28
2015-09-30 1.76 -41.51 8.80
2015-06-30 1.87 -46.67 9.32
2015-03-31 2.04 -30.84 9.21
2014-12-31 2.20 -19.60 9.10
2014-06-30 1.92 -9.80 8.56
2014-03-31 1.21 -91.02 13.42
2013-12-31 0.49 -172.23 18.29
2013-06-30 -170.62 18.90
2013-03-31 -90.98 14.66
2012-12-31 -11.33 10.29
2012-09-30 -10.75 10.82
2012-06-30 -10.16 11.49

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Calima Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Calima Energy has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Calima Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Calima Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Calima Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Calima Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Calima Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Calima Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Calima Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Calima Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Calima Energy has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Calima Energy Company Filings, last reported 3 months ago.

ASX:CE1 Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 52.70 0.00 21.47
2018-09-30 52.70 0.00 21.47
2018-06-30 31.25 0.00 4.81
2018-03-31 31.25 0.00 4.81
2017-12-31 8.46 0.00 2.39
2017-09-30 8.46 0.00 2.39
2017-06-30 5.16 0.00 4.90
2017-03-31 5.16 0.00 4.90
2016-12-31 6.38 0.00 6.42
2016-09-30 6.38 0.00 6.42
2016-06-30 6.43 0.00 6.61
2016-03-31 6.43 0.00 6.61
2015-12-31 7.52 0.00 7.63
2015-09-30 7.52 0.00 7.63
2015-06-30 7.12 0.00 3.59
2015-03-31 7.12 0.00 3.59
2014-12-31 39.66 0.00 7.02
2014-06-30 49.40 0.00 8.43
2014-03-31 49.40 0.00 8.43
2013-12-31 55.57 0.00 9.43
2013-06-30 39.00 0.00 5.83
2013-03-31 39.00 0.00 5.83
2012-12-31 198.88 0.00 30.33
2012-09-30 198.88 0.00 30.33
2012-06-30 206.09 0.01 73.96
  • Calima Energy has no debt.
  • Calima Energy had no debt 5 years ago.
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.

  • Calima Energy has sufficient cash runway for 2.3 years based on current free cash flow.
  • Calima Energy has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 35.6% each year.
X
Financial health checks
We assess Calima Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Calima Energy has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Calima Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Calima Energy dividends.
If you bought A$2,000 of Calima Energy shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Calima Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Calima Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:CE1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Calima Energy has not reported any payouts.
  • Unable to verify if Calima Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Calima Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Calima Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Calima Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Calima Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Calima Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Calima Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alan Stein
COMPENSATION A$255,434
AGE 53
TENURE AS CEO 1.7 years
CEO Bio

Dr. Alan Stein, B.Sc., Ph.D., serves as Managing Director of Calima Energy Limited since August 25, 2017. Dr. Stein serves as a Partner at Havoc Partners LLP. Dr. Stein is a Co-founder of Hanno Resources Limited and serves as its Chairman. Dr. Stein serves as the Managing Director of Ophir Services Pty Ltd. He Co-founded Ophir Energy Plc (also known as, Ophir Energy Company Ltd.) in 2004 and served as its Managing Director until May 31, 2011. Dr. Stein has more than 25 years' experience in the international oil and gas industry. He was the Founder of FIL Resources Ltd. (FIL). Dr. Stein was the Founder and served as founding Managing Director of Sterling Oil Limited (Fusion Oil & Gas PLC), has resigned as employee of Fusion Oil & Gas PLC and all of its subsidiary companies with effect from February 6, 2004. Dr. Stein served as Managing Director of Fusion Oil & Gas NL since June 1998 and was also a Founding Director. In 1996, he negotiated a farmin to the offshore Mauritanian acreage held by Fusion Oil & Gas PLC and in 1997 was responsible for the joint venture agreement bet ween FIL and West Oil NL, which was the precursor to Fusion Oil & Gas NL. He started his career in 1988 with Dolan & Associates in the UK and worked on projects in Europe, Australia and the Far East. In 1992, Mr. Stein established Dolan & Associates' first international office in Australia and in 1994 was one of the founding partners of the IKODA Limited consultancy group. He is a petroleum geologist with a broad range of international experience. Dr. Stein serves as the Non Executive Chairman of Sea Captaur Limited. He serves as the Non-Executive Chairman of Neon Energy Pty Ltd. He served as a Non-Executive Chairman of Neon Capital Limited (Neon Energy Limited (formerly Salinas Energy Limited)) from November 29, 2009 to May 29, 2015. He served as the Deputy Chairman of Ophir Energy Plc. from June 2011 to June 19, 2012. He serves as a Non Executive Director of Bahari Holding Company Limited. He has been Director of Calima Energy Limited since August 31, 2017. He serves as a Non-Executive Director at Bahari Resources Limited. He served as a Non-Executive Director of Neon Energy Limited from October 27, 2009 to May 29, 2015. He served as a Non-Executive Director of Buccaneer Energy Limited from September 5, 2013 to March 13, 2015. He served as a Director of Ophir Energy Company Ltd. from February 18, 2004 to June 19, 2012. He served as Director of Fusion Oil & Gas plc and Fusion Oil & Gas NL until February 2004. He served as Director of FIL Resources Ltd. (FIL). He served as Director of IKODA Ltd. He holds Ph.D. from the University of London.

CEO Compensation
  • Insufficient data for Alan to compare compensation growth.
  • Alan's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure and age of the Calima Energy management team in years:

1.7
Average Tenure
52.5
Average Age
  • The average tenure for the Calima Energy management team is less than 2 years, this suggests a new team.
Management Team

Glenn Whiddon

TITLE
Executive Chairman
COMPENSATION
A$213K
AGE
54

Alan Stein

TITLE
MD & Director
COMPENSATION
A$255K
AGE
53
TENURE
1.7 yrs

Jon Taylor

TITLE
Technical Director & Non-Executive Director
COMPENSATION
A$98K
AGE
52
TENURE
1.7 yrs

Neil Hackett

TITLE
Company Secretary & Independent Non-Executive Director
AGE
49
TENURE
7.6 yrs

Ron Nelmes

TITLE
Financial Controller

James Bahen

TITLE
Company Secretary

Richard Higgins

TITLE
Consultant
TENURE
1.7 yrs

Justin Norris

TITLE
Consultant
TENURE
1.7 yrs

Mark Sofield

TITLE
Consultant
TENURE
1.7 yrs
Board of Directors Tenure

Average tenure and age of the Calima Energy board of directors in years:

2.6
Average Tenure
52.5
Average Age
  • The average tenure for the Calima Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Glenn Whiddon

TITLE
Executive Chairman
COMPENSATION
A$213K
AGE
54
TENURE
3.6 yrs

Alan Stein

TITLE
MD & Director
COMPENSATION
A$255K
AGE
53
TENURE
1.7 yrs

Jon Taylor

TITLE
Technical Director & Non-Executive Director
COMPENSATION
A$98K
AGE
52
TENURE
1.7 yrs

Neil Hackett

TITLE
Company Secretary & Independent Non-Executive Director
AGE
49
TENURE
7.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
23. Jan 19 Buy Jonathan Taylor Individual 18. Jan 19 18. Jan 19 675,000 A$1.00 A$674,999
09. Oct 18 Buy Tribeca Investment Partners Pty Ltd. Company 28. Sep 18 08. Oct 18 73,798,816 A$0.06 A$3,988,712
X
Management checks
We assess Calima Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Calima Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Some Calima Energy (ASX:CE1) Shareholders Are Down 32%

So we wouldn't blame long term Calima Energy Limited (ASX:CE1) shareholders for doubting their decision to hold, with the stock down 32% over a half decade. … It seems likely some shareholders believe that Calima Energy will discover or develop fossil fuel before too long. … When it last reported its balance sheet in December 2018, Calima Energy had net cash of AU$17m.

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What You Must Know About Calima Energy Limited's (ASX:CE1) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the lower cost of capital. … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt

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Calima Energy Limited (ASX:CE1): What Does Its Beta Value Mean For Your Portfolio?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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What Kind Of Shareholder Owns Most Calima Energy Limited (ASX:CE1) Stock?

The big shareholder groups in Calima Energy Limited (ASX:CE1) have power over the company. … Generally speaking, as a company grows, institutions will increase their ownership. … Calima Energy is a smaller company with a market capitalization of AU$57m, so it may still be flying under the radar of many institutional investors.

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Is Calima Energy Limited (ASX:CE1) A Financially Sound Company?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is CE1 right in choosing financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

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One Thing To Remember About The Calima Energy Limited (ASX:CE1) Share Price

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).

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Do You Know Who Else Invests In Calima Energy Limited (ASX:CE1)?

Today, I will be analyzing Calima Energy Limited’s (ASX:CE1) recent ownership structure, an important but not-so-popular subject among individual investors. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … ASX:CE1 Ownership Summary August 29th 18

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Calima Energy Limited (ASX:CE1): Time For A Financial Health Check

Calima Energy Limited (ASX:CE1), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Does CE1's growth rate justify its decision for financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

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How Does Investing In Calima Energy Limited (ASX:CE1) Impact Your Portfolio?

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … Calima Energy's beta of 1 indicates that the stock value will be less variable compared to the whole stock market. … CE1's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns.

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Who Are The Largest Shareholders In Calima Energy Limited (ASX:CE1)?

View our latest analysis for Calima Energy ASX:CE1 Ownership_summary Mar 15th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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Company Info

Description

Calima Energy Limited engages in the exploration and production of oil and gas properties worldwide. The company owns the right to acquire a working interest of up to 55% in the Montney Project that comprises of approximately 72,000 gross acres prospective for the Montney Formation in British Columbia, North America. It also owns 50% interest in four PSCs, including Daora, Haouza, Mahbes, and Mijek permits which covers an area of 70,000 square kilometers in the Saharawi Arab Democratic Republic. The company was formerly known as Azonto Petroleum Limited. Calima Energy Limited is based in Subiaco, Australia.

Details
Name: Calima Energy Limited
CE1
Exchange: ASX
Founded:
A$57,795,402
1,444,885,070
Website: http://www.calimaenergy.com
Address: Calima Energy Limited
1A/1 Alvan Street,
Subiaco,
Western Australia, 6008,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CE1 Ordinary Shares Australian Securities Exchange AU AUD 28. Jul 2006
OTCPK RLTO.F Ordinary Shares Pink Sheets LLC US USD 28. Jul 2006
DB R1Y Ordinary Shares Deutsche Boerse AG DE EUR 28. Jul 2006
CHIA CE1 Ordinary Shares Chi-X Australia AU AUD 28. Jul 2006
Number of employees
Current staff
Staff numbers
0
Calima Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 10:33
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.