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Carbon Energy

ASX:CNX
Snowflake Description

Worrying balance sheet with weak fundamentals.

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

Carbon Energy Limited engages in the gas business worldwide. The last earnings update was 146 days ago. More info.


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CNX Share Price and Events
7 Day Returns
0%
ASX:CNX
4.4%
AU Oil and Gas
0.4%
AU Market
1 Year Returns
-50.7%
ASX:CNX
8%
AU Oil and Gas
1.8%
AU Market
CNX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Carbon Energy (CNX) 0% 0% 0% -50.7% -95.4% -95.9%
AU Oil and Gas 4.4% 7.2% 6.2% 8% 43.3% -36%
AU Market 0.4% 4.9% 5.3% 1.8% 25.9% 3.7%
1 Year Return vs Industry and Market
  • CNX underperformed the Oil and Gas industry which returned 8% over the past year.
  • CNX underperformed the Market in Australia which returned 1.8% over the past year.
Price Volatility
CNX
Industry
5yr Volatility vs Market

Value

 Is Carbon 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 Carbon Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.074.
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 Carbon Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Carbon Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CNX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in AUD A$-0.01
ASX:CNX Share Price ** ASX (2018-11-20) in AUD A$0.07
Australia Oil and Gas Industry PE Ratio Median Figure of 28 Publicly-Listed Oil and Gas Companies 12.7x
Australia Market PE Ratio Median Figure of 559 Publicly-Listed Companies 15.71x

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

** Primary Listing of Carbon Energy.

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

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

= 0.07 ÷ -0.01

-6.7x

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

  • Carbon Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Carbon Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Carbon Energy's expected growth come at a high price?
Raw Data
ASX:CNX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.7x
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 0.25x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.42x

*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 Carbon Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Carbon Energy's assets?
Raw Data
ASX:CNX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in AUD A$0.03
ASX:CNX Share Price * ASX (2018-11-20) in AUD A$0.07
Australia Oil and Gas Industry PB Ratio Median Figure of 141 Publicly-Listed Oil and Gas Companies 1.17x
Australia Market PB Ratio Median Figure of 1,664 Publicly-Listed Companies 1.65x
ASX:CNX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.07 ÷ 0.03

2.43x

* Primary Listing of Carbon Energy.

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

  • Carbon Energy is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Carbon 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. Carbon Energy has a total score of 0/6, 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 Carbon 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 Carbon 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
7.9%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Carbon Energy expected to grow at an attractive rate?
  • Unable to compare Carbon Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Carbon Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Carbon Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:CNX Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 7.9%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4%
Australia Market Earnings Growth Rate Market Cap Weighted Average 5.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 2.4%

*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:CNX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 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:CNX Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:CNX Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-06-30 1 -3 -1
2018-03-31 1 -4 -3
2017-12-31 0 -5 -5
2017-09-30 0 -5 -22
2017-06-30 0 -4 -39
2017-03-31 0 -4 -87
2016-12-31 0 -5 -135
2016-09-30 0 -4 -118
2016-06-30 0 -3 -101
2016-03-31 0 -3 -53
2015-12-31 0 -3 -6
2015-09-30 0 -3 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Carbon Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Carbon 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:CNX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Carbon Energy Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CNX Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:CNX Past Financials Data
Date (Data in AUD Millions) EPS *
2018-06-30 -0.01
2018-03-31 -0.04
2017-12-31 -0.07
2017-09-30 -0.34
2017-06-30 -2.17
2017-03-31 -4.98
2016-12-31 -7.99
2016-09-30 -7.35
2016-06-30 -6.64
2016-03-31 -3.64
2015-12-31 -0.41
2015-09-30 -0.44

*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 Carbon Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CNX’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.
  2. Carbon 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. Carbon 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 Carbon 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.
Carbon 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 Carbon 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 Carbon 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.
  • Carbon Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Carbon Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Carbon Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Carbon 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 Carbon Energy Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CNX Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 1.21 -0.72 3.48
2018-03-31 0.71 -2.69 3.98
2017-12-31 0.21 -4.67 4.49
2017-09-30 0.13 -22.00 4.82
2017-06-30 0.05 -39.32 5.15
2017-03-31 0.10 -87.24 5.02
2016-12-31 0.14 -135.16 4.89
2016-09-30 0.17 -117.85 5.29
2016-06-30 0.19 -100.55 5.69
2016-03-31 0.20 -53.12 6.08
2015-12-31 0.22 -5.69 6.48
2015-09-30 0.25 -5.93 7.39
2015-06-30 0.29 -6.17 8.31
2015-03-31 1.18 -6.96 9.44
2014-12-31 2.08 -7.74 10.58
2014-09-30 2.20 -8.43 10.89
2014-06-30 2.33 -9.12 11.21
2014-03-31 1.35 -10.92 11.20
2013-12-31 0.37 -12.72 11.19
2013-09-30 0.18 -24.15 12.02
2013-06-30 -35.58 12.86
2013-03-31 -35.92 15.82
2012-12-31 -36.27 18.79
2012-09-30 -27.41 18.12
2012-06-30 -18.56 17.46
2012-03-31 -18.52 17.18

*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 Carbon Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Carbon Energy used its assets less efficiently than the AU Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if Carbon 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 Carbon 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.
Carbon 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 Carbon 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 Carbon Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Carbon Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Carbon Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Carbon 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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.4x debt.
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 Carbon Energy Company Filings, last reported 7 months ago.

ASX:CNX Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 1.98 6.89 1.44
2018-03-31 1.98 6.89 1.44
2017-12-31 0.34 6.77 1.64
2017-09-30 0.34 6.77 1.64
2017-06-30 -1.04 11.71 0.08
2017-03-31 -1.04 11.71 0.08
2016-12-31 1.35 9.93 0.81
2016-09-30 1.35 9.93 0.81
2016-06-30 37.78 9.21 2.21
2016-03-31 37.78 9.21 2.21
2015-12-31 132.61 8.62 1.93
2015-09-30 132.61 8.62 1.93
2015-06-30 132.64 9.20 1.69
2015-03-31 132.64 9.20 1.69
2014-12-31 135.69 7.46 3.51
2014-09-30 135.69 7.46 3.51
2014-06-30 135.61 6.97 2.39
2014-03-31 135.61 6.97 2.39
2013-12-31 140.22 6.58 7.33
2013-09-30 140.22 6.58 7.33
2013-06-30 135.02 9.18 1.77
2013-03-31 135.02 9.18 1.77
2012-12-31 143.21 8.22 7.83
2012-09-30 143.21 8.22 7.83
2012-06-30 170.00 5.38 6.27
2012-03-31 170.00 5.38 6.27
  • Carbon Energy's level of debt (348.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (6.8% vs 348.3% today).
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.

  • Carbon Energy has less than a year of cash runway based on current free cash flow.
  • Carbon Energy has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.6% each year.
X
Financial health checks
We assess Carbon 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. Carbon Energy has a total score of 1/6, 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 Carbon 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 Carbon Energy dividends.
If you bought A$2,000 of Carbon 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 Carbon Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Carbon 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:CNX 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 11 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 420 Stocks 4.4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 6.1%

Industry and Market average data is calculated daily.

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

ASX:CNX Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Carbon Energy has not reported any payouts.
  • Unable to verify if Carbon Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Carbon Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Carbon 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 Carbon 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 Carbon Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Carbon 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 Carbon 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
Bryan O'Donnell
COMPENSATION A$392,473
TENURE AS CEO 1.1 years
CEO Bio

Mr. Bryan O'Donnell, BE Civil (Hons), has been the Chief Executive Officer and Managing Director of Carbon Energy Limited since January 2, 2018. Mr. O’Donnell served as Development Manager at WestSide Corporation Limited. Mr. O’Donnell has extensive commercial and upstream petroleum development expertise from over 30 years managing oil, gas and CSG developments for ExxonMobil, Oil Search, Arrow Energy, Westside Corporation and BHP Petroleum. Prior to joining the Carbon Energy Limited, he was part of the Westside Executive Team as the Development Manager responsible for the Meridian Development. Previously, he was the General Manager Surat Development for Arrow Energy where he was responsible for managing the Surat upstream LNG development, domestic gas projects and the LNG ramp gas commercial strategy and the negotiation of a number of GSAs. Prior to that, he was the Manager of Projects for Oil Search Limited where he managed successful safe delivery of more than $US800 Million of oil & gas development projects. Mr. O’Donnell has an engineering degree from University of New South Wales (UNSW) (BE Civil Hons 1).

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

Average tenure of the Carbon Energy management team in years:

1.6
Average Tenure
  • The average tenure for the Carbon Energy management team is less than 2 years, this suggests a new team.
Management Team

Bryan O'Donnell

TITLE
MD, CEO & Director
COMPENSATION
A$392K
TENURE
1.1 yrs

Ye-Fei Guo

TITLE
CFO & Company Secretary
COMPENSATION
A$282K
TENURE
1.3 yrs

Cliff Mallett

TITLE
Technical Director
COMPENSATION
A$365K
TENURE
11 yrs

Stuart MacKenzie

TITLE
General Counsel
COMPENSATION
A$9K
AGE
57
TENURE
3.3 yrs

Ian Morgan

TITLE
Company Secretary
COMPENSATION
A$31K
TENURE
1.6 yrs
Board of Directors Tenure

Average tenure of the Carbon Energy board of directors in years:

3.2
Average Tenure
  • The tenure for the Carbon Energy board of directors is about average.
Board of Directors

Peter Hogan

TITLE
Non-Executive Chairman
COMPENSATION
A$80K
AGE
66
TENURE
1.9 yrs

Bryan O'Donnell

TITLE
MD, CEO & Director
COMPENSATION
A$392K

Huihai Zhuang

TITLE
Non-Executive Director
COMPENSATION
A$40K
TENURE
3.3 yrs

George Su

TITLE
Director
COMPENSATION
A$60K
TENURE
3.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Carbon 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. Carbon 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

Who Are The Top Investors In Carbon Energy Limited (ASX:CNX)?

Today, I will be analyzing Carbon Energy Limited’s (ASX:CNX) recent ownership structure, an important but not-so-popular subject among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

Simply Wall St -

Why Carbon Energy Limited's (ASX:CNX) Ownership Structure Is Important

In this article, I'm going to take a look at Carbon Energy Limited’s (ASX:CNX) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … View our latest analysis for Carbon Energy ASX:CNX Ownership_summary Apr 14th 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. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

Simply Wall St -

Are Earnings Prospects Improving For Loss-Making Carbon Energy Limited's (ASX:CNX)?

After reading Carbon Energy Limited's (ASX:CNX) most recent earnings announcement (31 December 2017), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … For Carbon Energy, its most recent trailing-twelve-month earnings is -AU$4.67M, which, against the prior year's level, has become less negative. … Though Carbon Energy's past data is helpful, it is only one aspect of my investment thesis.

Simply Wall St -

Is Carbon Energy Limited (ASX:CNX) A Financially Sound Company?

Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: CNX’s high debt level indicates room for improvement. … Furthermore, its cash flow coverage of less than a quarter of debt means that operating efficiency could also be an issue.

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What Is The Future Prospect For Oil & Gas And Carbon Energy Limited (ASX:CNX)?

However, energy-sector analysts are forecasting for the entire industry, negative growth in the upcoming year , and an overall negative growth rate in the next couple of years. … Check out our latest analysis for Carbon Energy What’s the catalyst for Carbon Energy's sector growth? … Next Steps: Carbon Energy recently delivered an industry-beating growth rate in earnings, which is a positive for shareholders.

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Why Carbon Energy Limited's (ASX:CNX) Ownership Structure Is Important

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in CNX should also look at another important group of investors: private companies, with a stake of 0.92%, who are primarily invested because of strategic and capital gain interests. … Thus, investors not need worry too much about the consequences of these holdings.What this means for you: With a low level of institutional ownership, investors in CNX need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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Interested In Carbon Energy Limited (ASX:CNX)? Here's What Its Recent Performance Looks Like

After reading Carbon Energy Limited's (ASX:CNX) latest earnings update (30 June 2017), I found it beneficial to look back at how the company has performed in the past and compare this against the most recent numbers. … For Carbon Energy, its latest twelve-month earnings is -A$39.3M, which compared to the previous year's level, has become less negative. … This suggests that even though Carbon Energy is presently loss-making, any recent headwind the industry is facing, the impact on Carbon Energy has been softer relative to its peers.What does this mean?

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Is Now The Right Time To Invest In Oil & Gas And Carbon Energy Limited (ASX:CNX)?

This rate is below the growth rate of the Australian stock market as a whole. … ASX:CNX Past Future Earnings Nov 10th 17 Over the past couple of years, the energy sector delivered a disappointing 40% negative growth rate, driven by the oil price collapse. … Only now has the sector begun to emerge from its turmoil, and in the past year, the industry turnaround delivered growth of over 50%, beating the Australian market growth of 5.37%.

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Company Info

Map
Description

Carbon Energy Limited engages in the gas business worldwide. The company develops clean energy and chemical feedstock for industrial gas users using underground coal gasification (UCG) technology. It also licenses keyseam UCG technology. The company was formerly known as Metex Resources Limited and changed its name to Carbon Energy Limited in June 2008. Carbon Energy Limited was founded in 2006 and is headquartered in Brisbane, Australia.

Details
Name: Carbon Energy Limited
CNX
Exchange: ASX
Founded: 2006
A$4,805,080
64,933,515
Website: http://www.carbonenergy.com.au
Address: Carbon Energy Limited
301 Coronation Drive,
Level 9,
Brisbane,
Queensland, 4064,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CNX Ordinary Shares Australian Securities Exchange AU AUD 06. Jan 1994
OTCPK CNXA.F Ordinary Shares Pink Sheets LLC US USD 06. Jan 1994
DB MEE Ordinary Shares Deutsche Boerse AG DE EUR 06. Jan 1994
Number of employees
Current staff
Staff numbers
0
Carbon Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/17 10:31
End of day share price update: 2018/11/20 00:00
Last estimates confirmation: 2016/08/05
Last earnings filing: 2018/09/24
Last earnings reported: 2018/06/30
Last annual earnings reported: 2018/06/30


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.