Empire Energy Group Limited, together its subsidiaries, engages in the production and sale of oil and natural gas in the United States and Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.38|
|52 Week High||AU$0.27|
|52 Week Low||AU$0.43|
|1 Month Change||11.94%|
|3 Month Change||25.00%|
|1 Year Change||-5.06%|
|3 Year Change||97.37%|
|5 Year Change||120.59%|
|Change since IPO||-98.75%|
Recent News & Updates
|EEG||AU Oil and Gas||AU Market|
Return vs Industry: EEG underperformed the Australian Oil and Gas industry which returned 48.9% over the past year.
Return vs Market: EEG underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: EEG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: EEG's weekly volatility (7%) has been stable over the past year.
About the Company
Empire Energy Group Limited, together its subsidiaries, engages in the production and sale of oil and natural gas in the United States and Australia. It operates through US Operations and Northern Territory segments. The company holds a 100% working interest in approximately 14.5 million acres of prospective shale oil and gas exploration acreage in the McArthur Basin and Beetaloo Sub-basin, Northern Territory, Australia.
Empire Energy Group Fundamentals Summary
|EEG fundamental statistics|
Is EEG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EEG income statement (TTM)|
|Cost of Revenue||AU$4.81m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.014|
|Net Profit Margin||-135.87%|
How did EEG perform over the long term?See historical performance and comparison
Is Empire Energy Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate EEG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EEG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EEG is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: EEG 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 EEG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EEG is overvalued based on its PB Ratio (3.7x) compared to the AU Oil and Gas industry average (2.5x).
How is Empire Energy Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EEG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: EEG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: EEG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: EEG's revenue (13.2% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: EEG's revenue (13.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if EEG's Return on Equity is forecast to be high in 3 years time
How has Empire Energy Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EEG is currently unprofitable.
Growing Profit Margin: EEG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EEG is unprofitable, and losses have increased over the past 5 years at a rate of 15.6% per year.
Accelerating Growth: Unable to compare EEG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EEG 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: EEG has a negative Return on Equity (-13.6%), as it is currently unprofitable.
How is Empire Energy Group's financial position?
Financial Position Analysis
Short Term Liabilities: EEG's short term assets (A$44.8M) exceed its short term liabilities (A$16.7M).
Long Term Liabilities: EEG's short term assets (A$44.8M) exceed its long term liabilities (A$22.7M).
Debt to Equity History and Analysis
Debt Level: EEG's debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: EEG's debt to equity ratio has reduced from 116% to 13.6% over the 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: EEG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EEG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 57.2% each year
What is Empire Energy Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EEG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EEG'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 EEG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EEG'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 EEG'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 management tenure
Alex Underwood (38 yo)
Mr. Alexander Underwood, also known as Alex, has been Chief Executive Officer and Managing Director of Empire Energy Group Limited since August 2018 and serves as its Director. He joined the company in Feb...
CEO Compensation Analysis
Compensation vs Market: Alex's total compensation ($USD593.48K) is about average for companies of similar size in the Australian market ($USD556.28K).
Compensation vs Earnings: Alex's compensation has increased whilst the company is unprofitable.
Experienced Management: EEG's management team is considered experienced (2.4 years average tenure).
Experienced Board: EEG's board of directors are not considered experienced ( 1.4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 85.3%.
Empire Energy Group Limited's employee growth, exchange listings and data sources
- Name: Empire Energy Group Limited
- Ticker: EEG
- Exchange: ASX
- Founded: 1981
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$224.803m
- Shares outstanding: 599.47m
- Website: https://www.empireenergygroup.net/
- Empire Energy Group Limited
- 20 Bond Street
- Level 19
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:12|
|End of Day Share Price||2021/10/18 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.