Fremont Petroleum Corporation Limited engages in the exploration and development of oil and gas assets in the United States.
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Overvalued with worrying balance sheet.
Share Price & News
How has Fremont Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FPL's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: FPL underperformed the Australian Oil and Gas industry which returned -46.9% over the past year.
Return vs Market: FPL underperformed the Australian Market which returned -19.4% over the past year.
Price Volatility Vs. Market
How volatile is Fremont Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDid You Manage To Avoid Fremont Petroleum's (ASX:FPL) 99% Share Price Wipe Out?
2 months ago | Simply Wall StHow Much is Fremont Petroleum Corporation Limited's (ASX:FPL) CEO Getting Paid?
5 months ago | Simply Wall StAuditors Have Doubts About Fremont Petroleum (ASX:FPL)
Is Fremont Petroleum 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 FPL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FPL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FPL is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: FPL 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 FPL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FPL is good value based on its PB Ratio (0.4x) compared to the AU Oil and Gas industry average (0.7x).
How is Fremont Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
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 Fremont Petroleum 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 SimplyWall St do have past financial data.
- Take a look at our analysis of FPL’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.
- Fremont Petroleum competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Fremont Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FPL is currently unprofitable.
Growing Profit Margin: FPL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FPL is unprofitable, but has reduced losses over the past 5 years at a rate of 52.1% per year.
Accelerating Growth: Unable to compare FPL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FPL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16%).
Return on Equity
High ROE: FPL has a negative Return on Equity (-27.35%), as it is currently unprofitable.
How is Fremont Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: FPL's short term assets (A$155.5K) do not cover its short term liabilities (A$5.7M).
Long Term Liabilities: FPL's short term assets (A$155.5K) do not cover its long term liabilities (A$1.4M).
Debt to Equity History and Analysis
Debt Level: FPL's debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: FPL's debt to equity ratio has increased from 0.07% to 23.6% over the past 5 years.
Inventory Level: FPL has a high level of physical assets or inventory.
Debt Coverage by Assets: FPL's debt is not covered by short term assets (assets are 0.1x debt).
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: FPL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FPL has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.5% each year.
What is Fremont Petroleum's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FPL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FPL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FPL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FPL'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 FPL'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
Mr. Timothy Brian Hart, also known as Tim, has been the Chief Executive Officer and Managing Director at Fremont Petroleum Corporation Limited since July 15, 2016 and served as its Chief Operating Officer ...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD223.04K) is about average for companies of similar size in the Australian market ($USD246.06K).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
|MD & CEO||3.75yrs||AU$363.58k||0.94% A$46.8k|
|Chief Financial Officer||7.83yrs||AU$21.00k||0.22% A$10.8k|
|Executive VP||1.58yrs||no data||no data|
|Head Geologist||3.17yrs||no data||no data|
|Corporate Secretary||4.83yrs||AU$36.00k||no data|
Experienced Management: FPL's management team is considered experienced (3.8 years average tenure).
|Non Executive Director||5yrs||AU$72.72k||0.80% A$39.9k|
|Non-Executive Director||2.17yrs||AU$48.00k||6.05% A$302.9k|
|Non-Executive Chairman||0.25yr||no data||no data|
Experienced Board: FPL's board of directors are not considered experienced ( 2.2 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 116.1%.
Fremont Petroleum Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Fremont Petroleum Corporation Limited
- Ticker: FPL
- Exchange: ASX
- Founded: 2006
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$5.005m
- Shares outstanding: 1.67b
- Website: https://www.fremontpetroleum.com
- Fremont Petroleum Corporation Limited
- 113 North Santa Fe
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FPL||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jul 2006|
|JUE||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2006|
|AUNX.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 2006|
|FPL||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jul 2006|
|JUE||HMSE (Hamburg Stock Exchange)||Yes||Ordinary Shares||DE||EUR||Jul 2006|
Fremont Petroleum Corporation Limited engages in the exploration and development of oil and gas assets in the United States. The company’s flagship project is the 100% owned Pathfinder project covering an area of 21,500 acres in Denver Julesburg Basin in Colorado. It is also involved in the accumulation and operation of mineral prospective areas. The company was formerly known as Austin Exploration Limited and changed its name to Fremont Petroleum Corporation Limited in June 2017. Fremont Petroleum Corporation Limited was founded in 2006 and is headquartered in Florence, Colorado.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 10:33|
|End of Day Share Price||2020/04/02 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.