Executive Summary
Cooper Energy Limited, an upstream oil and gas exploration and production company, engages in the discovery, commercialization, and sale of gas to south-east Australia.
Rewards
Risk Analysis
Snowflake Analysis
High growth potential and fair value.
Similar Companies
Share Price & News
How has Cooper Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.3%
COE
1.5%
AU Oil and Gas
1.4%
AU Market
1 Year Return
-27.4%
COE
-26.5%
AU Oil and Gas
-4.5%
AU Market
Return vs Industry: COE matched the Australian Oil and Gas industry which returned -27.3% over the past year.
Return vs Market: COE underperformed the Australian Market which returned -4.2% over the past year.
Shareholder returns
| COE | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 1.5% | 1.4% |
| 30 Day | -2.5% | 1.3% | 1.7% |
| 90 Day | 1.3% | 7.6% | 14.7% |
| 1 Year | -27.4%-27.4% | -23.3%-26.5% | -0.8%-4.5% |
| 3 Year | 14.0%13.2% | -11.2%-20.7% | 19.6%4.1% |
| 5 Year | 122.4%92.5% | -8.2%-24.8% | 45.4%14.4% |
Price Volatility Vs. Market
How volatile is Cooper Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Could The Cooper Energy Limited (ASX:COE) Ownership Structure Tell Us Something Useful?3 months ago | Simply Wall St
These Analysts Just Made A Huge Downgrade To Their Cooper Energy Limited (ASX:COE) EPS Forecasts4 months ago | Simply Wall St
Is Cooper Energy's (ASX:COE) Share Price Gain Of 134% Well Earned?Valuation
Is Cooper Energy undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: COE (A$0.39) is trading below our estimate of fair value (A$5.35)
Significantly Below Fair Value: COE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: COE is poor value based on its PE Ratio (90x) compared to the AU Oil and Gas industry average (10.2x).
PE vs Market: COE is poor value based on its PE Ratio (90x) compared to the Australian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: COE is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: COE is overvalued based on its PB Ratio (1.4x) compared to the AU Oil and Gas industry average (1.1x).
Next Steps
Future Growth
How is Cooper Energy forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
109.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COE's forecast earnings growth (109.8% per year) is above the savings rate (2.3%).
Earnings vs Market: COE's earnings (109.8% per year) are forecast to grow faster than the Australian market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: COE's revenue (61.6% per year) is forecast to grow faster than the Australian market (4.3% per year).
High Growth Revenue: COE's revenue (61.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COE's Return on Equity is forecast to be low in 3 years time (7.5%).
Next Steps
Past Performance
How has Cooper Energy performed over the past 5 years?
36.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COE has high quality earnings.
Growing Profit Margin: COE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: COE has become profitable over the past 5 years, growing earnings by 36.7% per year.
Accelerating Growth: COE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: COE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-15.6%).
Return on Equity
High ROE: COE's Return on Equity (1.6%) is considered low.
Next Steps
Financial Health
How is Cooper Energy's financial position?
Financial Position Analysis
Short Term Liabilities: COE's short term assets (A$168.3M) exceed its short term liabilities (A$62.2M).
Long Term Liabilities: COE's short term assets (A$168.3M) do not cover its long term liabilities (A$556.8M).
Debt to Equity History and Analysis
Debt Level: COE's debt to equity ratio (50.2%) is considered high.
Reducing Debt: Insufficient data to determine if COE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: COE's debt is well covered by operating cash flow (24.2%).
Interest Coverage: Insufficient data to determine if COE's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Cooper Energy current dividend yield, its reliability and sustainability?
0.78%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate COE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate COE'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 COE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if COE'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 COE'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?
2.1yrs
Average management tenure
CEO
David Maxwell (66 yo)
8.83yrs
Tenure
AU$2,322,821
Compensation
Mr. David P. Maxwell, M.Tech, FAICD has been the Managing Director of Cooper Energy Limited since October 12, 2011. Mr. Maxwell served as Vice President and General Manager of LNG Business Development of B ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD1.66M) is above average for companies of similar size in the Australian market ($USD777.50K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 8.83yrs | AU$2.32m | 1.16% A$ 7.3m | |
| Chief Financial Officer | 3.17yrs | AU$738.96k | 0.0025% A$ 15.7k | |
| General Manager of Projects & Operations | 0.58yr | AU$704.41k | no data | |
| General Manager of HSEC & Technical Services | 0.58yr | AU$816.19k | 0.16% A$ 1.0m | |
| Executive Officer | 1yr | AU$656.86k | 0.11% A$ 701.2k | |
| General Manager of Exploration & Subsurface | 3.58yrs | AU$854.64k | 0.27% A$ 1.7m | |
| General Manager of Development | 3.25yrs | AU$857.28k | 0.0083% A$ 52.0k | |
| Company Secretary & General Counsel | 1yr | no data | no data |
2.1yrs
Average Tenure
Experienced Management: COE's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 8.83yrs | AU$2.32m | 1.16% A$ 7.3m | |
| Independent Non-Executive Chairman | 7.5yrs | AU$210.00k | 0.053% A$ 330.7k | |
| Independent Non-Executive Director | 7yrs | AU$130.00k | 0.011% A$ 69.1k | |
| Non Executive Director | 8.17yrs | AU$223.09k | 0.19% A$ 1.2m | |
| Independent Non-Executive Director | 8.83yrs | AU$130.00k | 0.063% A$ 391.4k | |
| Non-Executive Director | 0.42yr | no data | no data | |
| Non-Executive Director | 0.42yr | no data | 0.0027% A$ 17.2k | |
| Independent Non-Executive Director | 2.17yrs | AU$100.20k | 0.0098% A$ 61.6k |
7.3yrs
Average Tenure
66yo
Average Age
Experienced Board: COE's board of directors are considered experienced (7.3 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cooper Energy Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cooper Energy Limited
- Ticker: COE
- Exchange: ASX
- Founded: 2001
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$626.259m
- Shares outstanding: 1.63b
- Website: https://www.cooperenergy.com.au
Number of Employees
Location
- Cooper Energy Limited
- 70 Franklin Street
- Level 8
- Adelaide
- South Australia
- 5000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| COE | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Mar 2002 |
| COPJ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Mar 2002 |
| CDP | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Mar 2002 |
| COE | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Mar 2002 |
Biography
Cooper Energy Limited, an upstream oil and gas exploration and production company, engages in the discovery, commercialization, and sale of gas to south-east Australia. It principally holds interest in the ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/14 01:21 |
| End of Day Share Price | 2020/08/13 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.