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CUE

Cue Energy ResourcesASX:CUE Stock Report

Market Cap

AU$51.7m

7D

0%

1Y

-58.9%

Updated

20 Oct, 2021

Data

Company Financials
CUE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

CUE Overview

Cue Energy Resources Limited, an oil and gas exploration and production company, explores for, develops, and produces petroleum.

Risk Analysis

Does not have a meaningful market cap (A$52M)


Cue Energy Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cue Energy Resources
Historical stock prices
Current Share PriceAU$0.074
52 Week HighAU$0.057
52 Week LowAU$0.24
Beta0.87
1 Month Change19.36%
3 Month Change5.71%
1 Year Change-58.89%
3 Year Change8.82%
5 Year Change-13.95%
Change since IPO-47.15%

Recent News & Updates

Feb 08
Will The ROCE Trend At Cue Energy Resources (ASX:CUE) Continue?

Will The ROCE Trend At Cue Energy Resources (ASX:CUE) Continue?

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Shareholder Returns

CUEAU Oil and GasAU Market
7D0%0.2%1.7%
1Y-58.9%48.7%20.2%

Return vs Industry: CUE underperformed the Australian Oil and Gas industry which returned 48.7% over the past year.

Return vs Market: CUE underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is CUE's price volatile compared to industry and market?
CUE volatility
CUE Beta0.87
Industry Beta1.28
Market Beta1

Stable Share Price: CUE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CUE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981n/aMatthew Boyallhttps://www.cuenrg.com.au

Cue Energy Resources Limited, an oil and gas exploration and production company, explores for, develops, and produces petroleum. It has petroleum assets in Indonesia, New Zealand, and Australia. The company was founded in 1981 and is headquartered in Melbourne, Australia.

Cue Energy Resources Fundamentals Summary

How do Cue Energy Resources's earnings and revenue compare to its market cap?
CUE fundamental statistics
Market CapAU$51.66m
Earnings (TTM)-AU$12.74m
Revenue (TTM)AU$22.45m

2.3x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CUE income statement (TTM)
RevenueAU$22.45m
Cost of RevenueAU$10.88m
Gross ProfitAU$11.57m
ExpensesAU$24.31m
Earnings-AU$12.74m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.018
Gross Margin51.53%
Net Profit Margin-56.76%
Debt/Equity Ratio0%

How did CUE perform over the long term?

See historical performance and comparison

Valuation

Is Cue Energy Resources undervalued compared to its fair value and its price relative to the market?

1.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CUE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CUE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CUE is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

PE vs Market: CUE is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CUE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CUE is good value based on its PB Ratio (1.7x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

How is Cue Energy Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.1%

Forecasted Energy industry annual growth in earnings


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 SimplyWall St do have past financial data.


Past Performance

How has Cue Energy Resources performed over the past 5 years?

58.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CUE is currently unprofitable.

Growing Profit Margin: CUE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CUE is unprofitable, but has reduced losses over the past 5 years at a rate of 58.7% per year.

Accelerating Growth: Unable to compare CUE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CUE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).


Return on Equity

High ROE: CUE has a negative Return on Equity (-42.59%), as it is currently unprofitable.


Financial Health

How is Cue Energy Resources's financial position?


Financial Position Analysis

Short Term Liabilities: CUE's short term assets (A$25.4M) exceed its short term liabilities (A$5.4M).

Long Term Liabilities: CUE's short term assets (A$25.4M) exceed its long term liabilities (A$20.8M).


Debt to Equity History and Analysis

Debt Level: CUE is debt free.

Reducing Debt: CUE has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if CUE has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CUE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Cue Energy Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CUE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CUE'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 CUE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CUE'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 CUE'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?

3.7yrs

Average board tenure


CEO

Matthew Boyall

4.25yrs

Tenure

AU$513,865

Compensation

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 r...


CEO Compensation Analysis

Compensation vs Market: Matthew's total compensation ($USD384.20K) is about average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Matthew's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: CUE's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CUE 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

Cue Energy Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Cue Energy Resources Limited
  • Ticker: CUE
  • Exchange: ASX
  • Founded: 1981
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$51.661m
  • Shares outstanding: 698.12m
  • Website: https://www.cuenrg.com.au

Location

  • Cue Energy Resources Limited
  • 10-16 Queen Street
  • Level 3
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:18
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.