Central Petroleum Future Growth

Future criteria checks 1/6

Central Petroleum's earnings are forecast to decline at 3.6% per annum while its annual revenue is expected to grow at 11.4% per year. EPS is expected to decline by 4.9% per annum.

Key information

-3.6%

Earnings growth rate

-4.9%

EPS growth rate

Oil and Gas earnings growth	10.3%
Revenue growth rate	11.4%
Future return on equity	n/a
Analyst coverage	Low
Last updated	15 Apr 2024

Recent future growth updates

Recent updates

Central Petroleum Limited's (ASX:CTP) Shares Bounce 35% But Its Business Still Trails The Industry

Apr 22

Is Central Petroleum (ASX:CTP) A Risky Investment?

Oct 31

Central Petroleum (ASX:CTP) Has Debt But No Earnings; Should You Worry?

Apr 04

We Think Some Shareholders May Hesitate To Increase Central Petroleum Limited's (ASX:CTP) CEO Compensation

Nov 03

Do Central Petroleum's (ASX:CTP) Earnings Warrant Your Attention?

May 17

Shareholders May Be More Conservative With Central Petroleum Limited's (ASX:CTP) CEO Compensation For Now

Nov 03

Calculating The Intrinsic Value Of Central Petroleum Limited (ASX:CTP)

May 09

Central Petroleum Limited's (ASX:CTP) Business Is Yet to Catch Up With Its Share Price

Apr 18

These 4 Measures Indicate That Central Petroleum (ASX:CTP) Is Using Debt Extensively

Mar 28

Does Central Petroleum (ASX:CTP) Have The Makings Of A Multi-Bagger?

Mar 02

The Central Petroleum (ASX:CTP) Share Price Has Gained 61% And Shareholders Are Hoping For More

Feb 09

Here's What We Think About Central Petroleum's (ASX:CTP) CEO Pay

Jan 11

Are Central Petroleum's (ASX:CTP) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 15

Will the Promising Trends At Central Petroleum (ASX:CTP) Continue?

Nov 19

Earnings and Revenue Growth Forecasts

ASX:CTP - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	53	16	3	25	1
6/30/2025	50	8	-5	16	1
6/30/2024	31	12	28	18	1
12/31/2023	43	17	-1	2	N/A
9/30/2023	41	5	-3	0	N/A
6/30/2023	39	-8	-5	-2	N/A
3/31/2023	37	-14	-5	-1	N/A
12/31/2022	35	-20	-4	0	N/A
9/30/2022	39	0	-6	2	N/A
6/30/2022	42	21	-7	4	N/A
3/31/2022	48	25	-7	5	N/A
12/31/2021	54	28	-7	6	N/A
9/30/2021	57	14	5	15	N/A
6/30/2021	60	0	18	24	N/A
3/31/2021	59	2	23	25	N/A
12/31/2020	58	5	29	25	N/A
9/30/2020	62	5	24	20	N/A
6/30/2020	65	5	20	16	N/A
3/31/2020	70	7	19	20	N/A
12/31/2019	75	8	18	25	N/A
9/30/2019	67	-3	2	14	N/A
6/30/2019	59	-15	-15	2	N/A
3/31/2019	48	-22	-19	-4	N/A
12/31/2018	37	-29	-23	-10	N/A
9/30/2018	36	-22	-10	-2	N/A
6/30/2018	35	-14	3	5	N/A
3/31/2018	32	-18	4	4	N/A
12/31/2017	30	-22	5	3	N/A
9/30/2017	27	-24	N/A	1	N/A
6/30/2017	25	-25	N/A	0	N/A
3/31/2017	25	-22	N/A	-1	N/A
12/31/2016	24	-19	N/A	-1	N/A
9/30/2016	24	-20	N/A	-1	N/A
6/30/2016	24	-21	N/A	-1	N/A
3/31/2016	20	-19	N/A	-4	N/A
12/31/2015	16	-17	N/A	-6	N/A
9/30/2015	13	-23	N/A	-8	N/A
6/30/2015	10	-28	N/A	-11	N/A
3/31/2015	10	-25	N/A	-10	N/A
12/31/2014	10	-23	N/A	-9	N/A
9/30/2014	7	-17	N/A	-4	N/A
6/30/2014	4	-11	N/A	0	N/A
3/31/2014	2	-9	N/A	0	N/A
12/31/2013	N/A	-7	N/A	-1	N/A
9/30/2013	N/A	-8	N/A	-6	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CTP's earnings are forecast to decline over the next 3 years (-3.6% per year).

Earnings vs Market: CTP's earnings are forecast to decline over the next 3 years (-3.6% per year).

High Growth Earnings: CTP's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CTP's revenue (11.4% per year) is forecast to grow faster than the Australian market (4.7% per year).

High Growth Revenue: CTP's revenue (11.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CTP's Return on Equity is forecast to be high in 3 years time

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Central Petroleum Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus revenue estimates fall by 21%

Consensus EPS estimates fall by 11%, revenue upgraded

Consensus EPS estimates increase by 103%

Consensus forecasts updated

Recent updates

Central Petroleum Limited's (ASX:CTP) Shares Bounce 35% But Its Business Still Trails The Industry

Now 20% overvalued after recent price rise

Consensus revenue estimates fall by 21%

New major risk - Revenue and earnings growth

Central Petroleum Limited Announces Resignation of Troy Harry as A Director

Is Central Petroleum (ASX:CTP) A Risky Investment?

Full year 2023 earnings released: AU$0.011 loss per share (vs AU$0.029 profit in FY 2022)

New minor risk - Financial data availability

Central Petroleum Limited, Annual General Meeting, Nov 14, 2023

New minor risk - Financial data availability

New minor risk - Share price stability

Central Petroleum (ASX:CTP) Has Debt But No Earnings; Should You Worry?

First half 2023 earnings released: AU$0.015 loss per share (vs AU$0.042 profit in 1H 2022)

Consensus EPS estimates fall by 11%, revenue upgraded

Central Petroleum Limited Announces Palm Valley 12 Well Commenced Flowing Sales Gas

We Think Some Shareholders May Hesitate To Increase Central Petroleum Limited's (ASX:CTP) CEO Compensation

Central Petroleum Limited Announces Update on Palm Valley-12 Weekly Drilling

Central Petroleum Announces Palm Valley 12 Drilling Update

Central Petroleum Limited Announces Palm Valley 12 Update & Interim Flow Test Result

Central Petroleum Limited Provides Palm Valley-12 Weekly Drilling Update

Central Petroleum Limited Announces Palm Valley 12 Drilling Update

Full year 2022 earnings: EPS misses analyst expectations

Central Petroleum Limited Announces Palm Valley 12 Drilling Update

Central Petroleum Limited, Annual General Meeting, Nov 10, 2022

Central Petroleum Limited, Annual General Meeting, Nov 10, 2022

Central Petroleum Limited Appoints Troy Harry as A New Director

Central Petroleum Limited Announces Resignation of Stuart Baker as Director

Central Petroleum Limited Provides Update on Palm Valley 12 Drilling

Central Petroleum Limited Provides Palm Valley 12 ST1 Drilling Update

Central Petroleum Limited Provides Palm Valley 12 Drilling Update

Central Petroleum Limited Provides Palm Valley 12 Drilling Update

Cue Energy Resources Limited Provides Update on Palm Valley 12 Drilling

Central Petroleum Limited Announces Palm Valley 12 Drilling Update

Central Petroleum Limited Provides Palm Valley-12 Weekly Drilling Update July 19th

Central Petroleum Limited and Its Joint Venture Partners New Zealand Oil & Gas Limited and Cue Energy Resources Limited Provides Palm Valley-12 Drilling Update

Central Petroleum Limited Provides Palm Valley 12 Drilling Update

Central Petroleum Limited Provides Palm Valley-12 Weekly Drilling Update

Central Petroleum Limited Provides Palm Valley 12 Drilling Update

Central Petroleum Limited Announces Palm Valley 12 Drilling Update

Central Petroleum Limited and New Zealand Oil & Gas Limited Announces Updates on Palm Valley 12 (PV12) Well in OL3, Southwest of Alice Springs in the Northern Territory

Central Petroleum Limited Announces Palm Valley-12 Weekly Drilling Update May 24th

Do Central Petroleum's (ASX:CTP) Earnings Warrant Your Attention?

Central Petroleum Limited Announces Palm Valley 12 Drilling Update

Central Petroleum Limited Announces PV12 and Dingo-5 Program Update

Central Petroleum Limited Announces Palm Valley-12 Weekly Drilling Update

Central Petroleum Limited Provides Project Range Update

Central Petroleum Limited Announces Palm Valley-12 Weekly Drilling Update

Central Petroleum Limited Announces Amadeus Basin Exploration Program Commences

Central Petroleum Limited Announces Amadeus Basin Exploration Program Commences

Central Petroleum Limited provides Project Range Update - Single Well Pilots Online

Consensus EPS estimates increase by 103%

First half 2022 earnings: EPS misses analyst expectations

Central Petroleum Ltd and New Zealand Oil & Gas Provides Amadeus Basin Update

Central Petroleum Limited Announces Northern Territory Exploration Drilling Update

Central Petroleum Limited Announces Range Step-Out Pilot Update

Central Petroleum Limited Provides Updates on Range Pilot, Range-10 Spuds

Central Petroleum Ltd Provides Drilling Update

Central Petroleum Limited Announces Amadeus Basin Update

Shareholders May Be More Conservative With Central Petroleum Limited's (ASX:CTP) CEO Compensation For Now

Central Petroleum Limited Announces Mereenie Production Wells WM27 & WM28 Tied-In and Rig Released

Central Petroleum Limited Provides Update on Mereenie Development Well WM28

Central Petroleum Limited Provides Update on Range Gas Project Pilot in the Surat Basin

Central Petroleum Limited Provides Update on Project Range

Central Petroleum Limited Announces Range Pilot Update

Insider recently bought AU$326k worth of stock

Central Petroleum Limited Commences Mereenie Development Well WM27

New Zealand Oil & Gas Limited (NZSE:NZO) and Cue Energy Resources Limited (ASX:CUE) entered in an agreement to acquire 3 Producing Onshore Australia Assets from Central Petroleum Limited (ASX:CTP) for $29 million.

Central Petroleum Limited Announces Pilot Drilling Confirms Coal Thickness and Permeability

Calculating The Intrinsic Value Of Central Petroleum Limited (ASX:CTP)

Consensus forecasts updated

Central Petroleum Limited's (ASX:CTP) Business Is Yet to Catch Up With Its Share Price