Cue Energy Resources Limited explores for, develops, and produces petroleum.
Flawless balance sheet with questionable track record.
Share Price & News
How has Cue Energy Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CUE's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: CUE exceeded the Australian Oil and Gas industry which returned -26.4% over the past year.
Return vs Market: CUE exceeded the Australian Market which returned -6.9% over the past year.
Price Volatility Vs. Market
How volatile is Cue Energy Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHow Does Cue Energy Resources's (ASX:CUE) P/E Compare To Its Industry, After Its Big Share Price Gain?
1 week ago | Simply Wall StShould You Use Cue Energy Resources's (ASX:CUE) Statutory Earnings To Analyse It?
3 weeks ago | Simply Wall StIs Cue Energy Resources Limited's (ASX:CUE) CEO Salary Justified?
Is Cue Energy Resources 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: CUE (A$0.11) is trading above our estimate of fair value (A$0.07)
Significantly Below Fair Value: CUE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CUE is poor value based on its PE Ratio (14.3x) compared to the Oil and Gas industry average (7.5x).
PE vs Market: CUE is good value based on its PE Ratio (14.3x) compared to the Australian market (15.7x).
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 overvalued based on its PB Ratio (1.8x) compared to the AU Oil and Gas industry average (1.1x).
How is Cue Energy Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Cue Energy Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Cue Energy Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Cue Energy Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CUE has high quality earnings.
Growing Profit Margin: CUE's current net profit margins (20.6%) are lower than last year (35.4%).
Past Earnings Growth Analysis
Earnings Trend: CUE has become profitable over the past 5 years, growing earnings by 21.2% per year.
Accelerating Growth: CUE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CUE had negative earnings growth (-39.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (-16%).
Return on Equity
High ROE: CUE's Return on Equity (12.6%) is considered low.
How is Cue Energy Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CUE's short term assets (A$34.6M) exceed its short term liabilities (A$5.1M).
Long Term Liabilities: CUE's short term assets (A$34.6M) exceed its long term liabilities (A$15.6M).
Debt to Equity History and Analysis
Debt Level: CUE is debt free.
Reducing Debt: CUE has not had any debt for past 5 years.
Debt Coverage: CUE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CUE has no debt, therefore coverage of interest payments is not a concern.
What is Cue Energy Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CUE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CUE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CUE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CUE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CUE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Matthew Boyall has been Chief Executive Officer of Cue Energy Resources Limited since July 1, 2017. Mr. Boyall has been Cue's Commercial Manager since 2013. He has 19 years' experience in oil/gas and r ...
CEO Compensation Analysis
Compensation vs Market: Matthew's total compensation ($USD350.47K) is above average for companies of similar size in the Australian market ($USD259.62K).
Compensation vs Earnings: Matthew's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Non-Executive Director||2.33yrs||no data||no data|
|Lead Independent Director||2.17yrs||AU$46.85k||0.011% A$9.2k|
|Independent Non-Executive Director||2.33yrs||AU$44.98k||no data|
|Non-Executive Chairman||2.17yrs||no data||no data|
|Non-Executive Director||2.33yrs||no data||0.0011% A$923.3|
|Non-Executive Director||2.33yrs||AU$42.46k||no data|
|Non-Executive Director||0.42yr||no data||no data|
Experienced Board: CUE's board of directors are not considered experienced ( 2.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cue Energy Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Cue Energy Resources Limited
- Ticker: CUE
- Exchange: ASX
- Founded: 1981
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$80.284m
- Shares outstanding: 698.12m
- Website: https://www.cuenrg.com.au
- Cue Energy Resources Limited
- 10-16 Queen Street
- Level 3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CUE||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1995|
|CUEY.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1995|
|CU5A||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1995|
|CUE||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1995|
Cue Energy Resources Limited explores for, develops, and produces petroleum. It explores for oil and gas through its projects located in Indonesia, Australia, and New Zealand. The company was founded in 1981 and is headquartered in Melbourne, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/04 10:36|
|End of Day Share Price||2020/06/04 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.