CTP Stock Overview
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$0.12|
|52 Week High||AU$0.15|
|52 Week Low||AU$0.096|
|1 Month Change||6.52%|
|3 Month Change||6.52%|
|1 Year Change||2.08%|
|3 Year Change||-12.50%|
|5 Year Change||-31.94%|
|Change since IPO||-85.59%|
Recent News & Updates
Do Central Petroleum's (ASX:CTP) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|CTP||AU Oil and Gas||AU Market|
Return vs Industry: CTP underperformed the Australian Oil and Gas industry which returned 33.9% over the past year.
Return vs Market: CTP matched the Australian Market which returned 1.5% over the past year.
|CTP Average Weekly Movement||7.8%|
|Oil and Gas Industry Average Movement||12.9%|
|Market Average Movement||9.5%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.3%|
Stable Share Price: CTP is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CTP's weekly volatility (8%) 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$26.15m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.039|
|Net Profit Margin||51.77%|
How did CTP perform over the long term?See historical performance and comparison
How is Central Petroleum forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTP's earnings are forecast to decline over the next 3 years (-95.6% per year).
Earnings vs Market: CTP's earnings are forecast to decline over the next 3 years (-95.6% per year).
High Growth Earnings: CTP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CTP's revenue is expected to decline over the next 3 years (-12.7% per year).
High Growth Revenue: CTP's revenue is forecast to decline over the next 3 years (-12.7% 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 (2.5%).
How has Central Petroleum performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTP has a high level of non-cash earnings.
Growing Profit Margin: CTP's current net profit margins (51.8%) are higher than last year (8.1%).
Past Earnings Growth Analysis
Earnings Trend: CTP has become profitable over the past 5 years, growing earnings by 60.5% per year.
Accelerating Growth: CTP's earnings growth over the past year (493.4%) exceeds its 5-year average (60.5% per year).
Earnings vs Industry: CTP earnings growth over the past year (493.4%) exceeded the Oil and Gas industry 299.7%.
Return on Equity
High ROE: CTP's Return on Equity (80.5%) is considered outstanding.
How is Central Petroleum's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CTP's short term assets (A$57.4M) exceed its short term liabilities (A$51.4M).
Long Term Liabilities: CTP's short term assets (A$57.4M) exceed its long term liabilities (A$43.2M).
Debt to Equity History and Analysis
Debt Level: CTP's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: CTP's debt to equity ratio has reduced from 742.8% to 99.5% over the past 5 years.
Debt Coverage: CTP's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: Insufficient data to determine if CTP's interest payments on its debt are well covered by EBIT.
What is Central Petroleum current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CTP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CTP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CTP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CTP's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CTP has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Leon Devaney (52 yo)
Mr. Leon Goss Devaney, BSc. MBA, is Chief Executive Officer and Managing Director at Central Petroleum Limited since February 21, 2019 and was its Acting Chief Executive Officer from 31 July 2018 to Februa...
CEO Compensation Analysis
Compensation vs Market: Leon's total compensation ($USD735.86K) is above average for companies of similar size in the Australian market ($USD286.83K).
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 (3.5 years average tenure).
Experienced Board: CTP's board of directors are not considered experienced ( 2.7 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
- Implied Market Cap: AU$90.738m
- Shares outstanding: 725.91m
- 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||2022/05/23 00:00|
|End of Day Share Price||2022/05/23 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.