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Echelon Resources ASX:ECH Stock Report

Last Price

AU$0.34

Market Cap

AU$77.3m

7D

1.5%

1Y

1.5%

Updated

25 Dec, 2024

Data

Company Financials

Echelon Resources Limited

ASX:ECH Stock Report

Market Cap: AU$77.3m

ECH Stock Overview

Engages in the exploration and production of oil and gas properties in New Zealand, Australia, and Indonesia. More details

ECH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends1/6

Risk Analysis

Dividend of 4.26% is not well covered by earnings or free cash flows

Large one-off items impacting financial results

Profit margins (4.2%) are lower than last year (10.9%)

Does not have a meaningful market cap (A$77M)


My Notes

Capture your thoughts, links and company narrative

Echelon Resources Limited Competitors

Cue Energy Resources

ASX:CUE

AU$66.4m

Melbana Energy

ASX:MAY

AU$87.6m

Jupiter Energy

ASX:JPR

AU$44.4m

FAR

ASX:FAR

AU$48.5m

Price History & Performance

Summary of share price highs, lows and changes for Echelon Resources
Historical stock prices
Current Share PriceAU$0.34
52 Week HighAU$0.47
52 Week LowAU$0.34
Beta-0.21
1 Month Change-2.82%
3 Month Change-11.54%
1 Year Change1.47%
3 Year Change-28.13%
5 Year Changen/a
Change since IPO-35.75%

Recent News & Updates

Recent updates

Shareholder Returns

ECHAU Oil and GasAU Market
7D1.5%1.5%-1.0%
1Y1.5%-25.6%8.5%

Return vs Industry: ECH exceeded the Australian Oil and Gas industry which returned -25.6% over the past year.

Return vs Market: ECH underperformed the Australian Market which returned 8.5% over the past year.

Price Volatility

Is ECH's price volatile compared to industry and market?
ECH volatility
ECH Average Weekly Movement7.3%
Oil and Gas Industry Average Movement9.8%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.1%

Stable Share Price: ECH has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: ECH's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981n/aAndrew Jefferieswww.echelonresources.com

Echelon Resources Limited engages in the exploration and production of oil and gas properties in New Zealand, Australia, and Indonesia. It also develops, produces, and sells natural gas, liquefied petroleum gas, and condensate. The company was formerly known as New Zealand Oil & Gas Limited and Echelon Resources Limited in July 2024.

Echelon Resources Limited Fundamentals Summary

How do Echelon Resources's earnings and revenue compare to its market cap?
ECH fundamental statistics
Market capAU$77.29m
Earnings (TTM)AU$3.56m
Revenue (TTM)AU$84.19m

21.7x

P/E Ratio

0.9x

P/S Ratio

Is ECH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ECH income statement (TTM)
RevenueNZ$92.87m
Cost of RevenueNZ$44.12m
Gross ProfitNZ$48.75m
Other ExpensesNZ$44.82m
EarningsNZ$3.93m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.018
Gross Margin52.49%
Net Profit Margin4.23%
Debt/Equity Ratio30.3%

How did ECH perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

95%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 20:31
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Echelon Resources Limited is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam IndiktCredit Suisse
Grant SwanepoelDeutsche Bank
Andrew Harvey-GreenForsyth Barr Group Ltd.