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East Energy Resources

ASX:EER
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EER
ASX
A$6M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

East Energy Resources Limited operates as a coal exploration and development company in Australia. The last earnings update was 36 days ago. More info.


Add to Portfolio Compare Print
  • East Energy Resources has significant price volatility in the past 3 months.
EER Share Price and Events
7 Day Returns
0%
ASX:EER
1.4%
AU Oil and Gas
0.7%
AU Market
1 Year Returns
-50%
ASX:EER
3.8%
AU Oil and Gas
4.7%
AU Market
EER Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
East Energy Resources (EER) 0% -33.3% -33.3% -50% -60% -94.7%
AU Oil and Gas 1.4% -1.6% 5.5% 3.8% 28.7% -32.5%
AU Market 0.7% 1.1% 6.5% 4.7% 17.5% 4.9%
1 Year Return vs Industry and Market
  • EER underperformed the Oil and Gas industry which returned 3.8% over the past year.
  • EER underperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
EER
Industry
5yr Volatility vs Market

Value

 Is East Energy Resources 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 East Energy Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.002.
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 East Energy Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are East Energy Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:EER PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:EER Share Price ** ASX (2019-04-11) in AUD A$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 545 Publicly-Listed Companies 16.18x

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

** Primary Listing of East Energy Resources.

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

= ASX:EER Share Price ÷ EPS (both in AUD)

= 0 ÷ 0.00

-0.51x

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

  • East Energy Resources is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • East Energy Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does East Energy Resources's expected growth come at a high price?
Raw Data
ASX:EER PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.51x
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 361 Publicly-Listed Companies 1.38x

*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 East Energy Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on East Energy Resources's assets?
Raw Data
ASX:EER PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:EER Share Price * ASX (2019-04-11) in AUD A$0
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.68x
ASX:EER PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:EER Share Price ÷ Book Value per Share (both in AUD)

= 0 ÷ 0.00

0.47x

* Primary Listing of East Energy Resources.

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

  • East Energy Resources is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess East Energy Resources'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. East Energy Resources 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.

Future Performance

 How is East Energy Resources 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 East 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 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 East Energy Resources expected to grow at an attractive rate?
  • Unable to compare East Energy Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare East Energy Resources's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare East Energy Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:EER 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 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*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:EER 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 AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:EER Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 0
2018-09-30 0 -1 -6
2018-06-30 0 -1 -12
2018-03-31 0 -1 -13
2017-12-31 0 -1 -14
2017-09-30 0 -1 -8
2017-06-30 0 -1 -3
2017-03-31 0 -1 -3
2016-12-31 0 0 -3
2016-09-30 0 0 -27
2016-06-30 0 0 -51
2016-03-31 0 -1 -51

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if East Energy Resources is high growth as no earnings estimate data is available.
  • Unable to determine if East Energy Resources 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:EER 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 East Energy Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:EER Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31
2018-09-30
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.07
2016-06-30 -0.14
2016-03-31 -0.14

*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 East Energy Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of EER’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. East Energy Resources'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. East Energy Resources'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 East Energy Resources'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.
East Energy Resources 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.

Past Performance

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

ASX:EER Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.00 -0.22 0.30
2018-09-30 0.00 -6.34 0.31
2018-06-30 0.00 -12.46 0.32
2018-03-31 0.00 -13.20 0.32
2017-12-31 0.00 -13.93 0.32
2017-09-30 0.01 -8.32 0.32
2017-06-30 0.01 -2.70 0.32
2017-03-31 0.06 -2.65 0.32
2016-12-31 0.10 -2.60 0.32
2016-09-30 0.10 -26.56 0.42
2016-06-30 0.10 -50.52 0.51
2016-03-31 0.05 -50.55 0.57
2015-12-31 0.01 -50.58 0.63
2015-09-30 0.01 -26.46 0.63
2015-06-30 0.01 -2.35 0.64
2015-03-31 0.01 -2.53 0.68
2014-12-31 0.01 -2.71 0.71
2014-09-30 0.01 -1.35 0.71
2014-06-30 0.01 0.01 0.71
2014-03-31 0.01 -0.54 0.65
2013-12-31 0.01 -1.09 0.59
2013-09-30 0.02 -2.09 0.53
2013-06-30 0.02 -3.08 0.47
2012-06-30 1.31 0.44 0.77

*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 East Energy Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if East Energy Resources 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 East Energy Resources 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 East Energy Resources'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.
East Energy Resources 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.

Health

 How is East Energy Resources'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 East Energy Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • East Energy Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • East Energy Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of East Energy Resources'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 0.5x 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 East Energy Resources Company Filings, last reported 3 months ago.

ASX:EER Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 13.19 0.40 0.11
2018-09-30 13.19 0.40 0.11
2018-06-30 13.53 0.00 0.09
2018-03-31 13.53 0.00 0.09
2017-12-31 -13.58 27.36 0.31
2017-09-30 -13.58 27.36 0.31
2017-06-30 -0.99 25.70 0.31
2017-03-31 -0.99 25.70 0.31
2016-12-31 0.35 24.32 0.36
2016-09-30 0.35 24.32 0.36
2016-06-30 1.71 23.26 0.79
2016-03-31 1.71 23.26 0.79
2015-12-31 2.95 21.75 0.12
2015-09-30 2.95 21.75 0.12
2015-06-30 52.23 20.78 0.52
2015-03-31 52.23 20.78 0.52
2014-12-31 53.53 19.35 0.60
2014-09-30 53.53 19.35 0.60
2014-06-30 54.58 17.46 0.34
2014-03-31 54.58 17.46 0.34
2013-12-31 56.25 14.89 0.21
2013-09-30 56.25 14.89 0.21
2013-06-30 54.57 12.72 1.29
2012-06-30 19.65 0.00 1.51
  • East Energy Resources's level of debt (3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (26.5% vs 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.

  • East Energy Resources has less than a year of cash runway based on current free cash flow.
  • East Energy Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.8% each year.
X
Financial health checks
We assess East Energy Resources'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. East Energy Resources has a total score of 3/6, 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.

Dividends

 What is East Energy Resources'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 East Energy Resources dividends.
If you bought A$2,000 of East Energy Resources 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 East Energy Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate East Energy Resources'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:EER 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 East Energy Resources has not reported any payouts.
  • Unable to verify if East Energy Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of East Energy Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as East Energy Resources 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 East Energy Resources'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 East Energy Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. East Energy Resources 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.

Management

 What is the CEO of East Energy Resources'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
Rex Littlewood
COMPENSATION A$47,075
AGE 67
TENURE AS CEO 0.9 years
CEO Bio

Mr. Rex Anthony Littlewood, B.Sc., MAICD has been Chairman and Managing Director of East Energy Resources Limited since May 24, 2018. Mr. Littlewood has been Director of Project Management In The Midlands at Gleeds Advisory Ltd. since March 2014. Mr. Littlewood served as a Vice President of Noble Energy, a subsidiary of Noble Group. From 1997 to 2009, he served as a Senior Vice President of Noble Energy. He was responsible for their Asian coal and coke platform and for developing the Australian operations. He has more than 30 years experience in the international coal market, where he was involved in the development of mines as well as mining and export infrastructure. At Noble, he designed and implemented a fully integrated, computerized coal management system from mine to customer, capturing all data in a "paperless" process. He serves as a Director of Simons Group Ltd. He has been a Non-Executive Director of East Energy Resources Limited since July 20, 2010. He served as a Non-Executive Director of Blackwood Corporation Limited from July 6, 2011 to December 19, 2013. He is a Member of the Australian Institute of Company Directors. Mr. Littlewood holds a Bachelor of Science Degree in Geology, as well as tertiary qualifications in Analytical Chemistry and Coal Technology.

CEO Compensation
  • Rex's compensation has increased whilst company is loss making.
  • Rex's remuneration is lower than average for companies of similar size in Australia.
Management Team

Rex Littlewood

TITLE
Chairman & MD
COMPENSATION
A$47K
AGE
67
TENURE
0.9 yrs

Ranko Matic

TITLE
Company Secretary & Non-Executive Director
COMPENSATION
A$54K
AGE
50

Andrea Betti

TITLE
CFO & Joint Company Secretary
COMPENSATION
A$51K
TENURE
11.3 yrs

Peter Tighe

TITLE
Exploration Manager
COMPENSATION
A$216K
Board of Directors Tenure

Average tenure of the East Energy Resources board of directors in years:

0.9
Average Tenure
  • The average tenure for the East Energy Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Rex Littlewood

TITLE
Chairman & MD
COMPENSATION
A$47K
AGE
67
TENURE
0.9 yrs

Ranko Matic

TITLE
Company Secretary & Non-Executive Director
COMPENSATION
A$54K
AGE
50
TENURE
11.8 yrs

Chris Thoroughgood

TITLE
Non-Executive Director
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess East Energy Resources'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. East Energy Resources 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.

News

Simply Wall St News

Are East Energy Resources Limited's (ASX:EER) Interest Costs Too High?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is EER right in choosing financial flexibility over lower cost of capital … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt.

Simply Wall St -

Is East Energy Resources Limited (ASX:EER) A Financially Sound Company?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Does EER's growth rate justify its decision for financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

Does East Energy Resources Limited's (ASX:EER) CEO Pay Reflect Performance?

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … During times of negative earnings, the company may be facing a period of reinvestment and growth, or it can be an indication of some headwind. … Typically I would use earnings and market cap to account for variations in performance, however, EER's negative earnings lower the usefulness of my formula.

Simply Wall St -

Why East Energy Resources Limited's (ASX:EER) Investor Composition Impacts Your Returns

View our latest analysis for East Energy Resources ASX:EER Ownership_summary Apr 8th 18 Insider Ownership Another important group of shareholders are company insiders. … General Public Ownership The general public, with 8.09% stake, is also an important group of shareholders in EER. … Private Company Ownership Another important group of owners for potential investors in EER are private companies that hold a stake of 43.85% in EER.

Simply Wall St -

East Energy Resources Limited (ASX:EER): Risks You Need To Consider Before Buying

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … East Energy Resources's beta of 0.94 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, EER appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market.

Simply Wall St -

East Energy Resources Limited (ASX:EER) And The Oil & Gas Industry Prospect For 2018

Below, I will examine the sector growth prospects, as well as evaluate whether East Energy Resources is lagging or leading its competitors in the industry. … View our latest analysis for East Energy Resources What’s the catalyst for East Energy Resources's sector growth? … ASX:EER Past Future Earnings Jan 30th 18 Over the past couple of years, the energy sector delivered a disappointing 40% negative growth rate, driven by the oil price collapse.

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Why East Energy Resources Limited's (ASX:EER) CEO Pay Matters To You

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … I believe earnings is a cleaner proxy, since many factors can impact share price, and therefore, TSR. … Typically I would look at market cap and earnings as a proxy for performance, however, EER's negative earnings reduces the usefulness of my formula.

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What You Must Know About East Energy Resources Limited's (ASX:EER) Major Investors

Check out our latest analysis for East Energy Resources ASX:EER Ownership_summary Jan 8th 18 Insider Ownership Another important group of shareholders are company insiders. … Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market. … This size of ownership, while considerably large for a public company, may not be enough to change company policy if the decision is not in sync with other large shareholders.

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East Energy Resources Limited (ASX:EER): How Does It Impact Your Portfolio?

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … EER, with its market capitalisation of A$3.56M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … I examine EER’s ratio of fixed assets to total assets to see whether the company is highly exposed to the risk of this type of constraint.

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East Energy Resources Limited (ASX:EER): Has Recent Earnings Growth Beaten Long-Term Trend?

After looking at East Energy Resources Limited's (ASX:EER) latest earnings announcement (30 June 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … For East Energy Resources, its most recent twelve-month earnings is -A$2.7M, which, relative to the previous year's level, has become less negative. … This means that while East Energy Resources is presently unprofitable, any near-term headwind the industry is enduring, East Energy Resources is less exposed compared to its peers.What does this mean?

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Company Info

Description

East Energy Resources Limited operates as a coal exploration and development company in Australia. The company primarily explores for thermal coal. It owns a 100% interest in the Blackall project consisting of three main coal resource areas in three tenements located in the eastern Eromanga Basin in central western Queensland. The company is based in Perth, Australia.

Details
Name: East Energy Resources Limited
EER
Exchange: ASX
Founded:
A$6,401,974
3,200,987,035
Website: http://www.eastenergy.com.au
Address: East Energy Resources Limited
22 Mount Street,
Level 2,
Perth,
Western Australia, 6000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX EER Ordinary Shares Australian Securities Exchange AU AUD 12. May 2013
CHIA EER Ordinary Shares Chi-X Australia AU AUD 12. May 2013
Number of employees
Current staff
Staff numbers
0
East Energy Resources employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 10:34
End of day share price update: 2019/04/11 00:00
Last earnings filing: 2019/03/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.