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Eon NRG

ASX:E2E
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
E2E
ASX
A$5M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Eon NRG Limited, an onshore energy company, explores for and produces oil and gas in North America. The last earnings update was 23 days ago. More info.


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  • Eon NRG has significant price volatility in the past 3 months.
E2E Share Price and Events
7 Day Returns
0%
ASX:E2E
0.4%
AU Oil and Gas
-0%
AU Market
1 Year Returns
-50%
ASX:E2E
4.4%
AU Oil and Gas
4.6%
AU Market
E2E Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Eon NRG (E2E) 0% 0% -62.5% -50% -91.2% -91.4%
AU Oil and Gas 0.4% -1.5% 6% 4.4% 30.5% -32.3%
AU Market -0% 1% 6.9% 4.6% 18.2% 4.8%
1 Year Return vs Industry and Market
  • E2E underperformed the Oil and Gas industry which returned 4.4% over the past year.
  • E2E underperformed the Market in Australia which returned 4.6% over the past year.
Price Volatility
E2E
Industry
5yr Volatility vs Market

E2E Value

 Is Eon NRG undervalued based on future cash flows and its price relative to the stock market?

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
  • It is not possible to calculate the future cash flow value for Eon NRG. This is due to cash flow or dividend data being unavailable. The share price is A$0.006.
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 Eon NRG's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Eon NRG's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:E2E PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.00
ASX:E2E Share Price ** ASX (2019-04-23) in AUD A$0.01
ASX:E2E Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.713 $0
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Eon NRG.

ASX:E2E PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:E2E Share Price ÷ EPS (both in USD)

= 0 ÷ 0.00

-1.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eon NRG is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Eon NRG is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Eon NRG's expected growth come at a high price?
Raw Data
ASX:E2E PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.22x
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 360 Publicly-Listed Companies 1.35x

*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 Eon NRG, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Eon NRG's assets?
Raw Data
ASX:E2E PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.01
ASX:E2E Share Price * ASX (2019-04-23) in AUD A$0.01
ASX:E2E Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.713 $0
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:E2E PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:E2E Share Price ÷ Book Value per Share (both in USD)

= 0 ÷ 0.01

0.44x

* Primary Listing of Eon NRG.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eon NRG is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Eon NRG's value by looking at:
  1. 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. )
  2. 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)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Eon NRG has a total score of 1/6, 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.

E2E Future Performance

 How is Eon NRG expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Eon NRG 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!
Annual Growth Rate
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Eon NRG expected to grow at an attractive rate?
  • Unable to compare Eon NRG's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Eon NRG's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Eon NRG's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:E2E Future Growth Rates Data Sources
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 6.7%
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
ASX:E2E Analysts Growth Expectations Data Sources
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 numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:E2E Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 5 1 -1
2018-09-30 5 1 0
2018-06-30 5 0 1
2018-03-31 5 0 1
2017-12-31 4 0 1
2017-09-30 5 0 0
2017-06-30 5 0 0
2017-03-31 5 0 0
2016-12-31 5 0 -1
2016-09-30 5 0 -2
2016-06-30 5 1 -3
2016-03-31 5 1 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Eon NRG is high growth as no earnings estimate data is available.
  • Unable to determine if Eon NRG is high growth as no revenue estimate data is available.
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
ASX:E2E Past and Future Earnings per Share
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 Eon NRG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:E2E Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 -0.01
2016-06-30 -0.02
2016-03-31 -0.02

*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 Eon NRG will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of E2E’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Eon NRG's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Eon NRG's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Eon NRG's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Eon NRG 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.

E2E Past Performance

  How has Eon NRG 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 Eon NRG'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.
  • Eon NRG does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Eon NRG's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Eon NRG's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Eon NRG'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 Eon NRG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:E2E Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 4.98 -1.43 1.23
2018-09-30 4.79 -0.45 1.16
2018-06-30 5.44 0.53 1.09
2018-03-31 5.20 0.56 1.19
2017-12-31 4.10 0.58 1.30
2017-09-30 4.61 0.17 1.45
2017-06-30 5.12 -0.24 1.60
2017-03-31 5.23 -0.41 1.51
2016-12-31 5.34 -0.58 1.42
2016-09-30 5.35 -1.85 1.45
2016-06-30 5.36 -3.13 1.48
2016-03-31 5.03 -2.93 1.50
2015-12-31 4.71 -2.73 1.52
2015-09-30 4.45 -6.21 1.49
2015-06-30 4.20 -9.70 1.45
2015-03-31 5.33 -9.02 1.41
2014-12-31 6.47 -8.35 1.37
2014-09-30 7.50 -7.84 1.48
2014-06-30 8.54 -7.34 1.59
2014-03-31 9.74 -9.40 1.87
2013-12-31 10.94 -11.47 2.16
2013-09-30 14.59 -6.37 2.12
2013-06-30 18.24 -1.27 2.08
2013-03-31 17.14 0.71 1.93
2012-12-31 16.04 2.68 1.77
2012-09-30 12.19 1.81 1.45
2012-06-30 8.35 0.93 1.12

*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.
  • It is difficult to establish if Eon NRG has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Eon NRG has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Eon NRG improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Eon NRG's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Eon NRG has a total score of 0/6, 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.

E2E Health

 How is Eon NRG'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 Eon NRG's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Eon NRG's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Eon NRG's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Eon NRG'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.
  • Debt is not covered by short term assets, assets are 0.2x debt.
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 Eon NRG Company Filings, last reported 3 months ago.

ASX:E2E Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3.96 6.11 0.50
2018-09-30 3.96 6.11 0.50
2018-06-30 4.57 6.20 0.48
2018-03-31 4.57 6.20 0.48
2017-12-31 5.34 6.37 0.55
2017-09-30 5.34 6.37 0.55
2017-06-30 2.65 6.50 0.86
2017-03-31 2.65 6.50 0.86
2016-12-31 3.40 7.77 0.66
2016-09-30 3.40 7.77 0.66
2016-06-30 1.79 8.27 0.19
2016-03-31 1.79 8.27 0.19
2015-12-31 2.86 8.24 0.45
2015-09-30 2.86 8.24 0.45
2015-06-30 4.84 8.39 0.50
2015-03-31 4.84 8.39 0.50
2014-12-31 5.44 2.44 1.36
2014-09-30 5.44 2.44 1.36
2014-06-30 14.35 3.17 1.19
2014-03-31 14.35 3.17 1.19
2013-12-31 13.60 2.79 0.54
2013-09-30 13.60 2.79 0.54
2013-06-30 21.34 4.08 0.63
2013-03-31 21.34 4.08 0.63
2012-12-31 24.72 6.00 3.97
2012-09-30 24.72 6.00 3.97
2012-06-30 22.50 0.00 5.87
  • Eon NRG's level of debt (154.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (20.5% vs 154.3% today).
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.

  • Eon NRG has sufficient cash runway for more than 3 years based on current free cash flow.
  • Eon NRG has sufficient cash runway for 2.7 years if free cash flow continues to grow at historical rates of 26.2% each year.
X
Financial health checks
We assess Eon NRG's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Eon NRG has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

E2E Dividends

 What is Eon NRG'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
Dividend payments
0%
Current annual income from Eon NRG dividends.
If you bought A$2,000 of Eon NRG 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 Eon NRG's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Eon NRG'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
ASX:E2E Annualized Past and Future Dividends
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 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Eon NRG has not reported any payouts.
  • Unable to verify if Eon NRG's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Eon NRG's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Eon NRG has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Eon NRG's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Eon NRG afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Eon NRG 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.

E2E Management

 What is the CEO of Eon NRG's salary, the management and board of directors tenure and is there insider trading?

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
John Whisler
COMPENSATION $347,162
AGE 46
TENURE AS CEO 4.5 years
CEO Bio

Mr. John Whisler, B.Sc., has been the Managing Director of Incremental Oil and Gas Limited since October 14, 2014. Mr. Whisler served as President of Incremental Oil & Gas USA Holdings Inc. at Incremental Oil and Gas Limited. Mr. Whisler served as Vice President of USA Operations at Incremental Oil and Gas Limited since February 25, 2013. Mr. Whisler is an innovative, entrepreneurial executive with a 20 plus year track record of leading, developing and implementing projects that creates exceptional incremental value in the oil and gas Industry. He has a successful-track record of managing and growing both public and private exploration and production companies. His diverse and extensive background in the US oil and gas industry covers all aspects of operations, including exploration, business development, acquisitions and divestures, corporate & project management, financial & economics, field operations, production and extensive experience in drilling and completions. He joined Delek Energy US and Elk Companies in July 2008 as the Vice President of Operations, served as its Chief Operating Officer since January of 2009 and served as its Chief Executive Officer since May 2010. He served as Chief Executive Officer until 2011 when he was personally responsible for the divesture of all the US assets in multiple transactions, in order to assist the parent company in funding the new natural gas discoveries off the coast of Israel with Noble Energy. While at Delek, he was responsible for the acquisition of multiple assets in the USA, design and implement work-over plans, re-completions and optimize production in multiple mature fields within these assets. Before joining Delek Energy, he served as Vice President of Operations/Operations Manager of Petrogulf Corporation (PGC). He first joined Petrogulf Corporation in 2001 and served in roles of increasing responsibility from operations engineer to Vice President of Operations. He engineered, implemented, drilled, completed, developed and managed the San Juan Basin, Piceance Basin and Raton Basin from the ground floor. While at PGC, he implemented and drilled a 140 well field with infrastructure in 3 years with limited resources, optimized production through well-intervention completions and on site supervision and managed the non-brokered divesture, negotiated and closed of a $220M divesture with a 2.81 ROI. Prior to his engagement with PGC, Mr. Whisler served as Operations Engineer for BRG Petroleum where he supervise oil and gas exploration, production, WO and daily operations from 1994 to 2000 with extensive field operations. He serves as Executive Director of Incremental Oil and Gas Limited since July 2014. He is a member of the Society of Petroleum Engineers. He served on several nonprofit company boards and advisory teams.

CEO Compensation
  • John's compensation has been consistent with company performance over the past year.
  • John's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure and age of the Eon NRG management team in years:

4.5
Average Tenure
53
Average Age
  • The tenure for the Eon NRG management team is about average.
Management Team

John Whisler

TITLE
Managing Director & CEO
COMPENSATION
$347K
AGE
46
TENURE
4.5 yrs

Simon Charles Adams

TITLE
CFO & Company Secretary
COMPENSATION
$153K
AGE
53
TENURE
6.9 yrs

Gerry McGann

TITLE
Non-Executive Technical Director
COMPENSATION
$62K
AGE
70
TENURE
4.5 yrs
Board of Directors Tenure

Average tenure and age of the Eon NRG board of directors in years:

5
Average Tenure
52
Average Age
  • The tenure for the Eon NRG board of directors is about average.
Board of Directors

Mark Stowell

TITLE
Non-Executive Chairman
COMPENSATION
$64K
AGE
55
TENURE
4.9 yrs

John Whisler

TITLE
Managing Director & CEO
COMPENSATION
$347K
AGE
46
TENURE
4.8 yrs

Gerry McGann

TITLE
Non-Executive Technical Director
COMPENSATION
$62K
AGE
70
TENURE
9.8 yrs

Matt McCann

TITLE
Independent Non-Executive Director
COMPENSATION
$44K
AGE
49
TENURE
5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Eon NRG insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
07. Mar 19 Buy Matthew McCann Individual 06. Mar 19 06. Mar 19 2,985,063 A$0.01 A$20,892
26. Nov 18 Sell Mark Stowell Individual 23. Nov 18 23. Nov 18 -8,247,992 A$0.03 A$-245,282
18. Sep 18 Buy Mark Stowell Individual 17. Sep 18 17. Sep 18 500,000 A$0.01 A$3,000
14. Sep 18 Buy Mark Stowell Individual 11. Sep 18 12. Sep 18 205,500 A$0.01 A$1,233
10. Sep 18 Buy Mark Stowell Individual 05. Sep 18 05. Sep 18 78,020 A$0.01 A$468
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Management checks
We assess Eon NRG's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Eon NRG 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.

E2E News

Simply Wall St News

Imagine Owning Eon NRG (ASX:E2E) And Trying To Stomach The 90% Share Price Drop

Because Eon NRG is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.

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What Kind Of Investor Owns Most Of Eon NRG Limited (ASX:E2E)?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … With a market capitalization of AU$4.6m, Eon NRG is a small cap stock, so it might not be well known by many institutional investors. … institutions are not really that prevalent on the share registry

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Why Eon NRG Limited's (ASX:E2E) CEO Pay Matters To You

John Whisler has been the CEO of Eon NRG Limited (ASX:E2E) since 2014. … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does John Whisler's Compensation Compare With Similar Sized Companies?

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What does Eon NRG Limited's (ASX:E2E) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like Eon NRG Limited (ASX:E2E), with a market cap of AU$4.1m. … However, an important fact which most ignore is: how financially healthy is the business? … So, understanding the company's financial health becomes

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What Percentage Of Eon NRG Limited (ASX:E2E) Shares Do Insiders Own?

Every investor in Eon NRG Limited (ASX:E2E) should be aware of the most powerful shareholder groups. … Eon NRG is a smaller company with a market capitalization of AU$7.3m, so it may still be flying under the radar of many institutional investors. … Let's take a closer look to see what the different types of shareholder can tell us about E2E

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Does Eon NRG Limited's (ASX:E2E) CEO Salary Reflect Performance?

How Does John Whisler's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below US$200m. … Thus we can conclude that John Whisler receives more in total compensation than the median of a group of companies in the same market, and of similar size to Eon NRG Limited

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Is Eon NRG Limited's (ASX:E2E) Balance Sheet A Threat To Its Future?

Eon NRG Limited (ASX:E2E) is a small-cap stock with a market capitalization of US$2.84m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is

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Why Eon NRG Limited's (ASX:E2E) ROE Of 10.92% Does Not Tell The Whole Story

and want a simplistic look at the return on Eon NRG Limited (ASX:E2E) stock. … Eon NRG Limited’s (ASX:E2E) most recent return on equity was a substandard 10.92% relative to its industry performance of 15.13% over the past year. … An investor may attribute an inferior ROE to a relatively inefficient performance, and whilst this can often be the case, knowing the nuts and bolts of the ROE calculation may change that perspective and give you a deeper insight into E2E's past performance

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Who Are The Top Investors In Eon NRG Limited (ASX:E2E)?

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in E2E should also look at another important group of investors: private companies, with a stake of 18.21%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: With a low level of institutional ownership, investors in E2E need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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What does Eon NRG Limited's (ASX:E2E) Balance Sheet Tell Us About Its Future?

However, E2E is only generating US$27.62K in operating cash flow during the same period of time, resulting in an operating cash to total debt ratio of below 1x, meaning that the current level of operating cash is not enough to cover debt. … Looking at E2E’s most recent US$1.96M liabilities, it appears that the company has been able to meet these obligations given the level of current assets of US$6.16M, with a current ratio of 3.14x. … Next Steps: E2E’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

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E2E Company Info

Description

Eon NRG Limited, an onshore energy company, explores for and produces oil and gas in North America. The company operates oilfields in Wyoming and California. It owns interest in the Borie oilfield covering an area of 2,850 net acres located to the west of Cheyenne in the DJ Basin, Wyoming; and a 100% working interest in the Silvertip field totaling an area of 4,437 net acres located in the Bighorn Basin, Wyoming. The company also holds a 100% interests in the Sheep Springs field covering an area of 160 net acres located in the San Joaquin Basin; and the Round Mountain field totaling an area of 320 net acres located in the San Joaquin Basin. In addition, it discovers, explores for, and develops battery minerals. The company was formerly known as Incremental Oil and Gas Limited and changed its name to Eon NRG Limited on February 14, 2018. Eon NRG Limited was founded in 2009 and is headquartered in Denver, Colorado.

Details
Name: Eon NRG Limited
E2E
Exchange: ASX
Founded: 2009
A$4,619,333
769,888,934
Website: http://www.eonnrg.com
Address: Eon NRG Limited
475 17th Street,
Suite 1000,
Denver,
Colorado, 80202,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX E2E Ordinary Shares Australian Securities Exchange AU AUD 21. Jan 2011
CHIA E2E Ordinary Shares Chi-X Australia AU AUD 21. Jan 2011
Number of employees
Current staff
Staff numbers
0
Eon NRG employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 10:34
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/03/31
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.