Central Petroleum Limited engages in the development, production, processing, and marketing of hydrocarbons in Australia.
Central Petroleum Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.13|
|52 Week High||AU$0.093|
|52 Week Low||AU$0.17|
|1 Month Change||23.81%|
|3 Month Change||13.04%|
|1 Year Change||8.33%|
|3 Year Change||-10.35%|
|5 Year Change||0%|
|Change since IPO||-84.71%|
Recent News & Updates
|CTP||AU Oil and Gas||AU Market|
Return vs Industry: CTP underperformed the Australian Oil and Gas industry which returned 48.9% over the past year.
Return vs Market: CTP underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: CTP is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: CTP's weekly volatility (9%) has been stable over the past year.
About the Company
Central Petroleum Limited engages in the development, production, processing, and marketing of hydrocarbons in Australia. It holds interests in various oil and gas properties comprising 181,875 square kilometers of exploration area located in the Amadeus, Southern Georgina, Wiso, and Surat Basins. The company was incorporated in 1998 and is headquartered in Brisbane, Australia.
Central Petroleum Fundamentals Summary
|CTP fundamental statistics|
Is CTP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CTP income statement (TTM)|
|Cost of Revenue||AU$28.85m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.00034|
|Net Profit Margin||0.42%|
How did CTP perform over the long term?See historical performance and comparison
Is Central Petroleum undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CTP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CTP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CTP is poor value based on its PE Ratio (382.4x) compared to the Australian Oil and Gas industry average (29.3x).
PE vs Market: CTP is poor value based on its PE Ratio (382.4x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: CTP is poor value based on its PEG Ratio (21.2x)
Price to Book Ratio
PB vs Industry: CTP is overvalued based on its PB Ratio (25.5x) compared to the AU Oil and Gas industry average (2.5x).
How is Central Petroleum forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTP's forecast earnings growth (18.1% per year) is above the savings rate (1.9%).
Earnings vs Market: CTP's earnings (18.1% per year) are forecast to grow faster than the Australian market (11.8% per year).
High Growth Earnings: CTP's earnings are forecast to grow, but not significantly.
Revenue vs Market: CTP's revenue is expected to decline over the next 3 years (-6.8% per year).
High Growth Revenue: CTP's revenue is forecast to decline over the next 3 years (-6.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CTP's Return on Equity is forecast to be low in 3 years time (4%).
How has Central Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTP has high quality earnings.
Growing Profit Margin: CTP's current net profit margins (0.4%) are lower than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: CTP has become profitable over the past 5 years, growing earnings by 45.7% per year.
Accelerating Growth: CTP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CTP had negative earnings growth (-95.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (-50.5%).
Return on Equity
High ROE: CTP's Return on Equity (6.8%) is considered low.
How is Central Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: CTP's short term assets (A$103.9M) exceed its short term liabilities (A$95.6M).
Long Term Liabilities: CTP's short term assets (A$103.9M) exceed its long term liabilities (A$74.9M).
Debt to Equity History and Analysis
Debt Level: CTP's debt to equity ratio (1811%) is considered high.
Reducing Debt: CTP's debt to equity ratio has increased from 520.5% to 1811% over the past 5 years.
Debt Coverage: CTP's debt is well covered by operating cash flow (36.1%).
Interest Coverage: CTP's interest payments on its debt are not well covered by EBIT (1x coverage).
What is Central Petroleum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CTP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CTP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CTP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CTP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CTP's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Leon Devaney (52 yo)
Mr. Leon Goss Devaney, BSc. MBA, is Chief Executive Officer and Managing Director at Central Petroleum Limited since February 21, 2019 and was its Acting Chief Executive Officer from 31 July 2018 to Februa...
CEO Compensation Analysis
Compensation vs Market: Leon's total compensation ($USD777.26K) is above average for companies of similar size in the Australian market ($USD302.45K).
Compensation vs Earnings: Leon's compensation has been consistent with company performance over the past year.
Experienced Management: CTP's management team is considered experienced (2.9 years average tenure).
Experienced Board: CTP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Central Petroleum Limited's employee growth, exchange listings and data sources
- Name: Central Petroleum Limited
- Ticker: CTP
- Exchange: ASX
- Founded: 1998
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$94.132m
- Shares outstanding: 724.09m
- Website: https://www.centralpetroleum.com.au
Number of Employees
- Central Petroleum Limited
- 369 Ann Street
- Level 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 07:02|
|End of Day Share Price||2021/10/15 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.