Cue Energy Resources
ASX:CUE
CUE
ASX
A$49M
Market Cap
Company description
Cue Energy Resources Limited engages in the exploration, development, and production of petroleum. The last earnings update was 66 days ago. More info.
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CUE Share Price and Events
7 Day Returns
0%
ASX:CUE
2.7%
AU Oil and Gas
1.8%
AU Market
1 Year Returns
-1.4%
ASX:CUE
4.3%
AU Oil and Gas
6%
AU Market
CUE Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Cue Energy Resources (CUE) | 0% | 12.9% | 7.7% | -1.4% | 9.4% | -41.7% |
| AU Oil and Gas | 2.7% | 4.8% | 6.7% | 4.3% | 34.1% | -30.2% |
| AU Market | 1.8% | 3.9% | 7.8% | 6% | 20.5% | 8.4% |
1 Year Return vs Industry and Market
- CUE underperformed the Oil and Gas industry which returned 4.3% over the past year.
- CUE underperformed the Market in Australia which returned 6% over the past year.
CUE Value
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
Here we compare the current
share
price of
Cue Energy Resources
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data
Below are the data sources, inputs and calculation used to determine the intrinsic value for Cue Energy Resources.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 8.1% |
| Perpetual Growth Rate | 10-Year AU Government Bond Rate | 2.3% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year AU Govt Bond Rate | 2.3% |
| Equity Risk Premium | S&P Global | 6% |
| Oil and Gas Unlevered Beta | Simply Wall St/ S&P Global | 0.95 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.954 (1 + (1- 30%) (0%)) |
0.969 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.97 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (0.969 * 5.96%) |
8.09% |
Discounted Cash Flow Calculation for ASX:CUE using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Cue Energy Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (AUD, Millions) | Source |
Present Value Discounted (@ 8.09%) |
|
|---|---|---|---|
| 2019 | 16.35 | Est @ 75.34% | 15.13 |
| 2020 | 25.09 | Est @ 53.43% | 21.48 |
| 2021 | 34.65 | Est @ 38.1% | 27.44 |
| 2022 | 44.13 | Est @ 27.36% | 32.33 |
| 2023 | 52.89 | Est @ 19.85% | 35.85 |
| 2024 | 60.60 | Est @ 14.59% | 38.01 |
| 2025 | 67.21 | Est @ 10.9% | 39.00 |
| 2026 | 72.81 | Est @ 8.33% | 39.08 |
| 2027 | 77.56 | Est @ 6.52% | 38.52 |
| 2028 | 81.63 | Est @ 5.26% | 37.51 |
| Present value of next 10 years cash flows | A$324.35 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= A$81.63 × (1 + 2.31%) ÷ (8.09% – 2.31%) |
A$1,446.30 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= A$1,446.30 ÷ (1 + 8.09%)10 |
A$664.55 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= A$324.35 + A$664.55 |
A$988.90 |
| Equity Value per Share (AUD) |
= Total value / Shares Outstanding
= A$988.90 / 698.12 |
A$1.42 |
| Calculation | Result | |
|---|---|---|
| Value per share (AUD) | From above. | A$1.42 |
| Current discount | Discount to share price of
A$0.07
= -1 x (A$0.07 - A$1.42) / A$1.42 |
95.1% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Amount off the current price
Cue Energy Resources
is available for.
>50%
Share price is
A$0.07
vs Future cash flow value of
A$1.42
Current Discount Checks
For
Cue Energy Resources
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
- Cue Energy Resources's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Cue Energy Resources's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Cue Energy Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Cue Energy Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in AUD | A$0.01 |
| ASX:CUE Share Price ** | ASX (2019-04-24) in AUD | A$0.07 |
| Australia Oil and Gas Industry PE Ratio | Median Figure of 23 Publicly-Listed Oil and Gas Companies | 8.09x |
| Australia Market PE Ratio | Median Figure of 543 Publicly-Listed Companies | 16.33x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Cue Energy Resources.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ASX:CUE Share Price ÷ EPS (both in AUD) = 0.07 ÷ 0.01 |
5.47x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Cue Energy Resources is good value based on earnings compared to the AU Oil and Gas industry average.
- Cue Energy Resources is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does
Cue Energy Resources's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 5.47x |
| 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 | 0.24x |
| Australia Market PEG Ratio | Median Figure of 359 Publicly-Listed Companies | 1.39x |
*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 Cue Energy Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Cue Energy Resources's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in AUD | A$0.05 |
| ASX:CUE Share Price * | ASX (2019-04-24) in AUD | A$0.07 |
| Australia Oil and Gas Industry PB Ratio | Median Figure of 145 Publicly-Listed Oil and Gas Companies | 1.28x |
| Australia Market PB Ratio | Median Figure of 1,676 Publicly-Listed Companies | 1.67x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ASX:CUE Share Price ÷ Book Value per Share (both in AUD) = 0.07 ÷ 0.05 |
1.31x |
* Primary Listing of Cue Energy Resources.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Cue Energy Resources is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Cue Energy Resources's value by looking at:- 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. )
- 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)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) Cue Energy Resources has a total score of 4/6, 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.
CUE Future Performance
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 Cue Energy Resources 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!
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
Cue Energy Resources
expected to grow at an
attractive
rate?
- Unable to compare Cue Energy Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Cue Energy Resources's earnings growth to the Australia market average as no estimate data is available.
- Unable to compare Cue Energy Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| Australia Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 4.2% |
| Australia Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 2.7% |
| Australia Market Earnings Growth Rate | Market Cap Weighted Average | 6.8% |
| Australia Market Revenue Growth Rate | Market Cap Weighted Average | 3% |
*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
All numbers in AUD Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 25 | 12 | 9 |
| 2018-09-30 | 25 | 10 | 8 |
| 2018-06-30 | 25 | 7 | 8 |
| 2017-12-31 | 30 | -3 | -1 |
| 2017-09-30 | 32 | -2 | -8 |
| 2017-06-30 | 35 | -2 | -15 |
| 2016-12-31 | 38 | -2 | -66 |
| 2016-09-30 | 42 | 0 | -75 |
| 2016-06-30 | 45 | 1 | -84 |
*GAAP earnings excluding extraordinary items.
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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Cue Energy Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|
| Date (Data in AUD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.01 |
| 2018-09-30 | 0.01 |
| 2018-06-30 | 0.01 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | -0.01 |
| 2017-06-30 | -0.02 |
| 2016-12-31 | -0.10 |
| 2016-09-30 | -0.11 |
| 2016-06-30 | -0.12 |
*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 Cue Energy Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Cue Energy Resources 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.
Future performance checks
We assess Cue Energy Resources's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Cue Energy Resources 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.
CUE Past Performance
How has Cue Energy Resources 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
Cue Energy Resources'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.
- Cue Energy Resources's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Cue Energy Resources has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- Cue Energy Resources has become profitable in the last year making it difficult to compare the AU Oil and Gas industry average.
Earnings and Revenue History
Cue Energy Resources'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 Cue Energy Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 25.19 | 8.93 | 3.80 | |
| 2018-09-30 | 24.87 | 8.33 | 3.83 | |
| 2018-06-30 | 24.55 | 7.74 | 3.87 | |
| 2017-12-31 | 29.63 | -1.43 | 6.53 | |
| 2017-09-30 | 32.31 | -8.21 | 9.14 | |
| 2017-06-30 | 35.00 | -14.99 | 11.75 | |
| 2016-12-31 | 37.91 | -65.56 | 22.22 | |
| 2016-09-30 | 41.66 | -74.66 | 22.64 | |
| 2016-06-30 | 45.41 | -83.77 | 23.05 | |
| 2015-12-31 | 43.70 | -9.91 | 15.92 | |
| 2015-09-30 | 40.20 | 11.14 | 12.47 | |
| 2015-06-30 | 36.70 | 32.19 | 9.03 | |
| 2014-12-31 | 36.11 | 13.40 | 2.25 | |
| 2014-09-30 | 34.18 | 5.95 | 2.09 | |
| 2014-06-30 | 32.25 | -1.49 | 1.93 | |
| 2014-03-31 | 35.09 | -0.08 | 1.67 | |
| 2013-12-31 | 36.18 | 2.01 | 1.42 | |
| 2013-09-30 | 42.99 | 4.19 | 2.20 | |
| 2013-06-30 | 49.80 | 6.37 | 2.98 | |
| 2013-03-31 | 49.72 | 5.66 | 3.43 | |
| 2012-12-31 | 49.64 | 4.95 | 3.88 | |
| 2012-09-30 | 45.43 | 5.31 | 3.05 | |
| 2012-06-30 | 41.22 | 5.66 | 2.23 |
*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.
- Cue Energy Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- Cue Energy Resources used its assets more efficiently than the AU Oil and Gas industry average last year based on Return on Assets.
- Cue Energy Resources has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Cue Energy Resources has a total score of 3/6, 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.
Past performance checks
We assess Cue Energy Resources's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Cue Energy Resources has a total score of 3/6, 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.
CUE Health
How is Cue Energy Resources'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 Cue Energy Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
- Cue Energy Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Cue Energy Resources's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
Cue Energy Resources'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.
- High level of physical assets or inventory.
- Cue Energy Resources has no debt, it does not need to be covered by short term assets.
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 Cue Energy Resources Company Filings, last reported 3 months ago.
| Date (Data in AUD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 37.50 | 0.00 | 20.99 |
| 2018-09-30 | 37.50 | 0.00 | 20.99 |
| 2018-06-30 | 33.27 | 0.00 | 16.98 |
| 2017-12-31 | 29.31 | 0.00 | 11.34 |
| 2017-09-30 | 29.31 | 0.00 | 11.34 |
| 2017-06-30 | 25.87 | 0.00 | 12.42 |
| 2016-12-31 | 30.73 | 0.00 | 22.92 |
| 2016-09-30 | 30.73 | 0.00 | 22.92 |
| 2016-06-30 | 42.59 | 0.00 | 20.49 |
| 2015-12-31 | 152.14 | 0.00 | 29.61 |
| 2015-09-30 | 152.14 | 0.00 | 29.61 |
| 2015-06-30 | 131.67 | 0.00 | 27.61 |
| 2014-12-31 | 143.16 | 0.00 | 37.10 |
| 2014-09-30 | 143.16 | 0.00 | 37.10 |
| 2014-06-30 | 129.40 | 0.00 | 40.56 |
| 2014-03-31 | 129.40 | 0.00 | 40.56 |
| 2013-12-31 | 130.43 | 0.00 | 50.14 |
| 2013-09-30 | 130.43 | 0.00 | 50.14 |
| 2013-06-30 | 131.57 | 0.00 | 58.83 |
| 2013-03-31 | 131.57 | 0.00 | 58.83 |
| 2012-12-31 | 128.38 | 0.00 | 44.39 |
| 2012-09-30 | 128.38 | 0.00 | 44.39 |
| 2012-06-30 | 125.18 | 0.00 | 33.73 |
- Cue Energy Resources has no debt.
- Cue Energy Resources has not taken on any debt in the past 5 years.
- Cue Energy Resources has no debt, it does not need to be covered by operating cash flow.
- Cue Energy Resources has no debt, therefore coverage of interest payments is not a concern.
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess Cue Energy Resources's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Cue Energy Resources has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
CUE Dividends
What is Cue Energy Resources'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
0%
Current annual income from
Cue Energy Resources
dividends.
If you bought
A$2,000 of
Cue Energy Resources
shares you are expected to receive
A$0
in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you
can get in a
savings account?
It is up there with the
best dividend paying companies?
- Unable to evaluate Cue Energy Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Cue Energy Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Australia Oil and Gas Industry Average Dividend Yield | Market Cap Weighted Average of 13 Stocks | 4.6% |
| Australia Market Average Dividend Yield | Market Cap Weighted Average of 417 Stocks | 4.3% |
| Australia Minimum Threshold Dividend Yield | 10th Percentile | 1.5% |
| Australia Bottom 25% Dividend Yield | 25th Percentile | 2.5% |
| Australia Top 25% Dividend Yield | 75th Percentile | 5.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in A$) | 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 Cue Energy Resources has not reported any payouts.
- Unable to verify if Cue Energy Resources's dividend has been increasing as the company has not reported any payouts.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess Cue Energy Resources's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Cue Energy Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Cue Energy Resources 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.
CUE Management
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
Matthew
Boyall
| COMPENSATION | A$352,621 |
| TENURE AS CEO | 1.8 years |
CEO Bio
Mr. Matthew Boyall has been Chief Executive Officer of Cue Energy Resources Limited since July 1, 2017. Mr. Boyall has been Cue's Commercial Manager since 2013. He has 19 years' experience in oil/gas and resources with Schlumberger, WMC Resources, BHP Billiton, Nexus Energy and Cue; including roles in offshore operations, procurement, strategy, marketing and Mergers and Acquisitions. Mr. Boyall worked in Asia, the USA and Australia. He holds Bachelor degrees in Geomatics and Science and an MBA.
CEO Compensation
- Insufficient data for Matthew to compare compensation growth.
- Matthew's remuneration is about average for companies of similar size in Australia.
Management Team
Matthew Boyall
TITLE
Chief Executive Officer
COMPENSATION
A$353K
TENURE
1.8 yrs
Melanie Leydin
TITLE
CFO & Company Secretary
COMPENSATION
A$7K
AGE
45
TENURE
1.8 yrs
Board of Directors Tenure
Average tenure of the Cue Energy Resources board of directors in years:
1.2
Average Tenure
- The average tenure for the Cue Energy Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
Alastair McGregor
TITLE
Non-Executive Chairman
TENURE
1 yrs
Andrew Jefferies
TITLE
Non-Executive Director
TENURE
1.2 yrs
Rebecca DeLaet
TITLE
Non-Executive Director
TENURE
1 yrs
Peter Hood
TITLE
Lead Independent Director
COMPENSATION
A$13K
TENURE
1 yrs
Samuel Kellner
TITLE
Non-Executive Director
TENURE
1.2 yrs
Rod Ritchie
TITLE
Non-Executive Director
COMPENSATION
A$13K
TENURE
1.2 yrs
Ric Malcolm
TITLE
Independent Non-Executive Director
COMPENSATION
A$13K
AGE
65
TENURE
1.2 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (A$) | Value (A$) | |
|---|---|---|---|---|---|---|---|---|---|---|
X
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.
Management checks
We assess Cue Energy Resources's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Cue Energy Resources 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.
CUE News
Simply Wall St News
Imagine Owning Cue Energy Resources (ASX:CUE) And Wondering If The 48% Share Price Slide Is Justified
One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, Cue Energy Resources moved from a loss to profitability. … Most would consider that to be a good thing, so it's counter-intuitive to see the share price declining.
Simply Wall St - – Full articleA Look At Cue Energy Resources Limited's (ASX:CUE) Exceptional Fundamentals
Today I've chosen to put the spotlight on Cue Energy Resources Limited (ASX:CUE) due to its excellent fundamentals in more than one area. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on Cue Energy Resources here
Simply Wall St - – Full articleHere's What Cue Energy Resources Limited's (ASX:CUE) ROCE Can Tell Us
In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleWhy Cue Energy Resources Limited (ASX:CUE) Looks Like A Quality Company
Cue Energy Resources has a ROE of 23%, based on the last twelve months. … That means that for every A$1 worth of shareholders' equity, it generated A$0.23 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleCUE Company Info
Description
Cue Energy Resources Limited engages in the exploration, development, and production of petroleum. It explores for oil and gas through its projects located in Indonesia, New Zealand, and Australia. The company was founded in 1981 and is headquartered in Melbourne, Australia. Cue Energy Resources Limited is a subsidiary of New Zealand Oil & Gas Limited.
Details
| Name: | Cue Energy Resources Limited |
| CUE | |
| Exchange: | ASX |
| Founded: | 1981 |
| A$48,868,380 | |
| 698,119,720 | |
| Website: | http://www.cuenrg.com.au |
| Address: |
Cue Energy Resources Limited 10-16 Queen Street, Level 3, Melbourne, Victoria, 3000, Australia |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ASX | CUE | Ordinary Shares | Australian Securities Exchange | AU | AUD | 11. Jan 1995 | |
| OTCPK | CUEY.F | Ordinary Shares | Pink Sheets LLC | US | USD | 11. Jan 1995 | |
| DB | CU5A | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 11. Jan 1995 | |
| CHIA | CUE | Ordinary Shares | Chi-X Australia | AU | AUD | 11. Jan 1995 |
Number of employees
Current staff
0
Cue Energy Resources
employees.
Industry
| Oil and Gas Exploration and Production | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/26 10:32 |
| End of day share price update: | 2019/04/24 00:00 |
| Last estimates confirmation: | 2016/08/22 |
| Last earnings filing: | 2019/02/19 |
| Last earnings reported: | 2018/12/31 |
| 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.
