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Enegex

ASX:ENX
Snowflake Description

Flawless balance sheet with weak fundamentals.

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

Enegex Limited operates as an oil and gas exploration company in Australia. The last earnings update was 41 days ago. More info.


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ENX Share Price and Events
7 Day Returns
0%
ASX:ENX
3.4%
AU Oil and Gas
1.7%
AU Market
1 Year Returns
-17.6%
ASX:ENX
5.7%
AU Oil and Gas
5.9%
AU Market
ENX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Enegex (ENX) 0% 27.3% 27.3% -17.6% 7.7% 40%
AU Oil and Gas 3.4% 3.7% 8% 5.7% 35.7% -30.5%
AU Market 1.7% 4% 8.6% 5.9% 21.4% 7.4%
1 Year Return vs Industry and Market
  • ENX underperformed the Oil and Gas industry which returned 5.7% over the past year.
  • ENX underperformed the Market in Australia which returned 5.9% over the past year.
Price Volatility
ENX
Industry
5yr Volatility vs Market

ENX Value

 Is Enegex 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 Enegex. This is due to cash flow or dividend data being unavailable. The share price is A$0.014.
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 Enegex's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Enegex's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:ENX 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:ENX Share Price ** ASX (2019-04-24) in AUD A$0.01
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 8.09x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.28x

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

** Primary Listing of Enegex.

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

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

= 0.01 ÷ 0.00

-13x

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

  • Enegex is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Enegex is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Enegex's expected growth come at a high price?
Raw Data
ASX:ENX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -13x
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 359 Publicly-Listed Companies 1.36x

*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 Enegex, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Enegex's assets?
Raw Data
ASX:ENX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:ENX Share Price * ASX (2019-04-24) in AUD A$0.01
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.29x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.66x
ASX:ENX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.01 ÷ 0.01

2.71x

* Primary Listing of Enegex.

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

  • Enegex is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Enegex'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. Enegex has a total score of 0/6, 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.

ENX Future Performance

 How is Enegex 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 Enegex 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 Enegex expected to grow at an attractive rate?
  • Unable to compare Enegex's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Enegex's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Enegex's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:ENX 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 6.8%
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:ENX 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:ENX Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0

*GAAP earnings excluding extraordinary items.

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

ASX:ENX Past Financials Data
Date (Data in AUD 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 0.00
2016-06-30 0.00
2016-03-31 0.00

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

Next steps:

  1. Examine Enegex's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Enegex'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. Enegex'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 Enegex'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.
Enegex 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.

ENX Past Performance

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

ASX:ENX 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 -0.09 0.05
2018-09-30 -0.09 0.05
2018-06-30 -0.08 0.05
2018-03-31 -0.08 0.05
2017-12-31 -0.09 0.05
2017-09-30 -0.09 0.06
2017-06-30 -0.09 0.06
2017-03-31 -0.10 0.06
2016-12-31 -0.10 0.07
2016-09-30 -0.10 0.06
2016-06-30 -0.10 0.06
2016-03-31 -0.12 0.06
2015-12-31 -0.15 0.07
2015-09-30 -0.21 0.13
2015-06-30 -0.26 0.18
2015-03-31 -0.28 0.22
2014-12-31 -0.30 0.27
2014-09-30 -0.34 0.29
2014-06-30 -0.37 0.31

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

ENX Health

 How is Enegex'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 Enegex's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Enegex is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Enegex has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Enegex'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.
  • Enegex has no debt, it does not need to be covered by short term assets.
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 Enegex Company Filings, last reported 3 months ago.

ASX:ENX Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.41 0.00 0.22
2018-09-30 0.41 0.00 0.22
2018-06-30 0.47 0.00 0.29
2018-03-31 0.47 0.00 0.29
2017-12-31 0.51 0.00 0.35
2017-09-30 0.51 0.00 0.35
2017-06-30 0.55 0.00 0.43
2017-03-31 0.55 0.00 0.43
2016-12-31 0.58 0.00 0.52
2016-09-30 0.58 0.00 0.52
2016-06-30 0.63 0.00 0.61
2016-03-31 0.63 0.00 0.61
2015-12-31 0.41 0.00 0.36
2015-09-30 0.41 0.00 0.36
2015-06-30 0.46 0.00 0.47
2015-03-31 0.46 0.00 0.47
2014-12-31 0.56 0.00 0.57
2014-09-30 0.56 0.00 0.57
2014-06-30 0.72 0.00 0.76
  • Enegex has no debt.
  • Enegex has not taken on any debt in 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.

  • Enegex has sufficient cash runway for 1.7 years based on current free cash flow.
  • Enegex has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of -9.2% each year.
X
Financial health checks
We assess Enegex'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. Enegex has a total score of 6/6, 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.

ENX Dividends

 What is Enegex'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 Enegex dividends.
If you bought A$2,000 of Enegex 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 Enegex's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Enegex'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:ENX 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 4.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

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 Enegex has not reported any payouts.
  • Unable to verify if Enegex's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Enegex's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Enegex 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 Enegex's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - 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 Enegex afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Enegex 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.

ENX Management

 What is the CEO of Enegex'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
Graeme Menzies
COMPENSATION A$0
AGE 68
CEO Bio

Mr. Graeme Alan Menzies, LL.B., LL.M., serves as the Chief Executive Officer of Enegex Limited. Mr. Menzies served as Company Secretary of Oil Basins Ltd. until 2009. Mr. Menzies has been practicing as a sole practitioner under the name of Menzies & Partners since 1987. His legal practice has covered a wide range of activities including takeovers, litigation in respect thereof, numerous capital raisings and corporate reconstructions. Mr. Menzies is involved in the listing or relisting of a large number of public companies, both industrial and mining. He served as the Chairman of Enegex Limited until April 11, 2017. He has been a Non Executive Director of Moby Oil & Gas Ltd., since October 13, 2003. He has been a Director of Australian Oil & Gas Corp., since January 13, 2012 and Exoil Limited since 2004. He serves as a Non-Executive Director of National Energy Holdings Limited. Mr. Menzies serves as a Director of a number of other private and unlisted public companies. He serves as a Director of Pooled Mining Investments Limited. He served as an Executive Director of Enegex Limited from October 17, 2012 to April 11, 2017. He served as Independent Non-Executive Director of Octanex N.L. from August 26, 2003 to December 18, 2014. He served as a Non-Executive Director of Papyrus Australia Limited from September 2004 to June 17, 2011. He served as a Non-Executive Director at Oil Basins Ltd. from September 27, 2004 to June 30, 2009. He served as a Director of China Cattle Ltd., until December 29, 2008. He served as Non Executive Director at E2 Metals Limited. He served as a Non-executive Director include Ross Mining NL, Shared Investments Limited, Aloren NL and Maple Oil. Since 1987, he has carried on practice as a Sole Practitioner under the name of Menzies & Partners. In the course of his legal practice, he is involved in a wide range of activities including takeovers, litigation in respect thereof, numerous capital raisings and corporate reconstructions. He is a Barrister and Solicitor. Mr. Menzies was admitted to practice in 1972. He graduated from Melbourne University in 1971 and qualified for admission to the degree of Master of Laws in 1975.

CEO Compensation
  • Insufficient data for Graeme to compare compensation growth.
  • Graeme's remuneration is lower than average for companies of similar size in Australia.
Management Team

Rae Clark

TITLE
Executive Director

Graeme Menzies

TITLE
Chief Executive Officer
AGE
68

Rob Wright

TITLE
CFO & Company Secretary
Board of Directors Tenure

Average tenure of the Enegex board of directors in years:

2
Average Tenure
  • The average tenure for the Enegex board of directors is less than 3 years, this suggests a new board.
Board of Directors

Geoff Albers

TITLE
Chairman
AGE
73
TENURE
2 yrs

Rae Clark

TITLE
Executive Director
TENURE
3.5 yrs

Peter Armitage

TITLE
Independent Non-Executive Director
TENURE
2 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$) Value (A$)
04. Oct 18 Buy Graeme Kirke Individual 16. May 17 28. Sep 18 4,122,667 A$0.02 A$72,406
X
Management checks
We assess Enegex'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. Enegex 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.

ENX News

Simply Wall St News

Update: Enegex (ASX:ENX) Stock Gained 27% In The Last Five Years

For example, long term Enegex Limited (ASX:ENX) shareholders have enjoyed a 27% share price rise over the last half decade, well in excess of the market return of around 4.8% (not including dividends). … There is almost always a chance they will need to raise more capital, and their progress - and share price - will dictate how dilutive that is to current holders. … Given the share price has increased by a solid 4.9% per year, over 5 years, its fair to say investors remain excited about the future, despite the potential need for cash.

Simply Wall St -

Do Insiders Own Shares In Enegex Limited (ASX:ENX)?

A look at the shareholders of Enegex Limited (ASX:ENX) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Let's take a closer look to see what the different types of shareholder can tell us about ENX

Simply Wall St -

Enegex Limited (ASX:ENX) Insiders Increased Their Holdings

In the last twelve months, the biggest single purchase by an insider was when Graeme Kirke bought AU$72k worth of shares at a price of AU$0.018 per share. … So it's clear an insider wanted to buy, even at a higher price. … The only individual insider to buy over the last year was Graeme Kirke

Simply Wall St -

Why Enegex Limited's (ASX:ENX) Ownership Structure Is Important

Insider Ownership Another important group of shareholders are company insiders. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: Institutional ownership in ENX is not at a level that would concern investors.

Simply Wall St -

Who Owns Enegex Limited (ASX:ENX)?

Today, I will be analyzing Enegex Limited’s (ASX:ENX) recent ownership structure, an important but not-so-popular subject among individual investors. … Check out our latest analysis for Enegex ASX:ENX Ownership_summary Dec 15th 17 Institutional Ownership Due to the big order sizes of institutional investors, a company's shares can experience large, one-sided momentum, driven by high volume of shares removed from, or injected into, the market. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital.

Simply Wall St -

Should You Invest In The Energy Sector And Enegex Limited (ASX:ENX)?

Unsuprisingly, this is below the growth rate of the Australian stock market as a whole. … Only now has the sector begun to emerge from its turmoil, and in the past year, the industry turnaround delivered growth of over 50%, beating the Australian market growth of 6.89%. … ASX:ENX PE PEG Gauge Dec 7th 17 The oil and gas industry is trading at a PE ratio of 12x, lower than the rest of the Australian stock market PE of 17x.

Simply Wall St -

ENX Company Info

Description

Enegex Limited operates as an oil and gas exploration company in Australia. It holds interest of 14.875% in WA-54-R Greater Cornea Fields, a petroleum retention lease located in Browse Basin, offshore from Western Australia. The company was incorporated in 2012 and is headquartered in Melbourne, Australia.

Details
Name: Enegex Limited
ENX
Exchange: ASX
Founded: 2012
A$1,126,996
80,499,737
Website: http://www.enegex.com
Address: Enegex Limited
500 Collins Street,
Level 21,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ENX Ordinary Shares Australian Securities Exchange AU AUD 08. Oct 2013
Number of employees
Current staff
Staff numbers
0
Enegex employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 10:35
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2019/03/15
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.