CVN Stock Overview
Carnarvon Energy Limited explores for, develops, and produces oil and gas in Australia.
Carnarvon Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.20|
|52 Week High||AU$0.43|
|52 Week Low||AU$0.18|
|1 Month Change||-15.22%|
|3 Month Change||-40.91%|
|1 Year Change||-22.00%|
|3 Year Change||-67.50%|
|5 Year Change||146.84%|
|Change since IPO||-91.88%|
Recent News & Updates
We're Not Very Worried About Carnarvon Energy's (ASX:CVN) Cash Burn Rate
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
|CVN||AU Oil and Gas||AU Market|
Return vs Industry: CVN underperformed the Australian Oil and Gas industry which returned 21.3% over the past year.
Return vs Market: CVN underperformed the Australian Market which returned -11.3% over the past year.
|CVN Average Weekly Movement||9.7%|
|Oil and Gas Industry Average Movement||11.5%|
|Market Average Movement||9.7%|
|10% most volatile stocks in AU Market||16.3%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: CVN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: CVN's weekly volatility (10%) has been stable over the past year.
About the Company
Carnarvon Energy Limited explores for, develops, and produces oil and gas in Australia. The company owns interests in the Dorado project located in the Bedout Sub-basin permits of Western Australia; the Buffalo project located in the Bonaparte Basin; and the Labyrinth project located in the Roebuck Basin in the North West Shelf of Western Australia. It also holds interests in the Taurus project located in the North West Shelf of Western Australia; the Condor and Eagle projects located in the Vulcan sub basin in the Bonaparte basin; and the Outtrim project located in the Barrow sub-basin within the Carnarvon basin of the North West Shelf of Australia.
Carnarvon Energy Fundamentals Summary
|CVN fundamental statistics|
Is CVN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CVN income statement (TTM)|
|Cost of Revenue||AU$1.98m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.012|
|Net Profit Margin||0.00%|
How did CVN perform over the long term?See historical performance and comparison
Is CVN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CVN?
Other financial metrics that can be useful for relative valuation.
|What is CVN's n/a Ratio?|
Price to Book Ratio vs Peers
How does CVN's PB Ratio compare to its peers?
|CVN PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
NWE Norwest Energy
COE Cooper Energy
STX Strike Energy
MAY Melbana Energy
CVN Carnarvon Energy
Price-To-Book vs Peers: CVN is good value based on its Price-To-Book Ratio (1.7x) compared to the peer average (12.5x).
Price to Earnings Ratio vs Industry
How does CVN's PE Ratio compare vs other companies in the Australian Oil and Gas Industry?
Price-To-Book vs Industry: CVN is good value based on its Price-To-Book Ratio (1.7x) compared to the Australian Oil and Gas industry average (1.7x)
Price to Book Ratio vs Fair Ratio
What is CVN's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||1.7x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate CVN's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of CVN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate CVN's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate CVN's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CVN's PEG Ratio to determine if it is good value.
Discover undervalued companies
How is Carnarvon Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score5/6
Future Growth Score 5/6
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: CVN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).
Earnings vs Market: CVN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CVN is expected to become profitable in the next 3 years.
Revenue vs Market: CVN's revenue (158% per year) is forecast to grow faster than the Australian market (5.2% per year).
High Growth Revenue: CVN's revenue (158% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CVN's Return on Equity is forecast to be low in 3 years time (6.8%).
Discover growth companies
How has Carnarvon Energy performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVN is currently unprofitable.
Growing Profit Margin: CVN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CVN is unprofitable, but has reduced losses over the past 5 years at a rate of 46.3% per year.
Accelerating Growth: Unable to compare CVN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CVN is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (299.7%).
Return on Equity
High ROE: CVN has a negative Return on Equity (-10.58%), as it is currently unprofitable.
Discover strong past performing companies
How is Carnarvon Energy's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: CVN's short term assets (A$78.5M) exceed its short term liabilities (A$3.7M).
Long Term Liabilities: CVN's short term assets (A$78.5M) exceed its long term liabilities (A$460.0K).
Debt to Equity History and Analysis
Debt Level: CVN is debt free.
Reducing Debt: CVN has not had any debt for past 5 years.
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: CVN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CVN has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 1.8% each year.
Discover healthy companies
What is Carnarvon Energy current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CVN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CVN'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 CVN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CVN'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 CVN 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
Adrian Cook (54 yo)
Mr. Adrian Caldwell Cook, B.Bus., C.A., M.App.Fin., FAICD has been the Chief Executive officer and Managing Director of Carnarvon Energy Limited (formerly known as Carnarvon Petroleum Limited) since July 1...
CEO Compensation Analysis
Compensation vs Market: Adrian's total compensation ($USD518.52K) is about average for companies of similar size in the Australian market ($USD606.74K).
Compensation vs Earnings: Adrian's compensation has been consistent with company performance over the past year.
Experienced Management: CVN's management team is considered experienced (4.9 years average tenure).
Experienced Board: CVN's board of directors are considered experienced (7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CVN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15%.
Carnarvon Energy Limited's employee growth, exchange listings and data sources
- Name: Carnarvon Energy Limited
- Ticker: CVN
- Exchange: ASX
- Founded: 1983
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: AU$351.036m
- Shares outstanding: 1.80b
- Website: https://www.carnarvon.com.au
- Carnarvon Energy Limited
- 76 Kings Park Road
- Level 2
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 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.