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Fremont Petroleum

ASX:FPL
Snowflake Description

Mediocre balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FPL
ASX
A$19M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Fremont Petroleum Corporation Limited engages in the exploration and development of oil and gas assets in the United States. The last earnings update was 41 days ago. More info.


Add to Portfolio Compare Print
  • Fremont Petroleum has significant price volatility in the past 3 months.
FPL Share Price and Events
7 Day Returns
-7.7%
ASX:FPL
0.8%
AU Oil and Gas
-0%
AU Market
1 Year Returns
50%
ASX:FPL
3.8%
AU Oil and Gas
4.9%
AU Market
FPL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fremont Petroleum (FPL) -7.7% 0% 60% 50% -76% -99%
AU Oil and Gas 0.8% -1.5% 5.1% 3.8% 30.5% -32%
AU Market -0% 1% 6.3% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • FPL outperformed the Oil and Gas industry which returned 3.8% over the past year.
  • FPL outperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
FPL
Industry
5yr Volatility vs Market

FPL Value

 Is Fremont Petroleum 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 Fremont Petroleum. This is due to cash flow or dividend data being unavailable. The share price is A$0.012.
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 Fremont Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fremont Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:FPL 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:FPL Share Price ** ASX (2019-04-18) in AUD A$0.01
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 544 Publicly-Listed Companies 16.14x

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

** Primary Listing of Fremont Petroleum.

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

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

= 0.01 ÷ 0.00

-5.46x

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

  • Fremont Petroleum is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Fremont Petroleum is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Fremont Petroleum's expected growth come at a high price?
Raw Data
ASX:FPL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 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 360 Publicly-Listed Companies 1.35x

*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 Fremont Petroleum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Fremont Petroleum's assets?
Raw Data
ASX:FPL 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:FPL Share Price * ASX (2019-04-18) in AUD A$0.01
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:FPL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.01 ÷ 0.01

1.34x

* Primary Listing of Fremont Petroleum.

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

  • Fremont Petroleum is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Fremont Petroleum'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. Fremont Petroleum 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.

FPL Future Performance

 How is Fremont Petroleum expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
74.9%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Fremont Petroleum expected to grow at an attractive rate?
  • Unable to compare Fremont Petroleum's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Fremont Petroleum's earnings growth to the Australia market average as no estimate data is available.
  • Fremont Petroleum's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:FPL Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:FPL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 74.9%
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:FPL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:FPL Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-06-30 58 1
2021-06-30 37 1
2020-06-30 14 1
2019-06-30 2 1
ASX:FPL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 0 -2
2018-09-30 1 -1 -5
2018-06-30 1 -1 -9
2018-03-31 1 -1 -9
2017-12-31 1 -1 -10
2017-09-30 0 -1 -7
2017-06-30 0 -1 -4
2017-03-31 0 -1 -3
2016-12-31 0 -2 -2
2016-09-30 0 -1 -4
2016-06-30 1 -1 -6
2016-03-31 1 -1 -17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Fremont Petroleum is high growth as no earnings estimate data is available.
  • Fremont Petroleum's revenue is expected to grow significantly at over 20% yearly.
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:FPL 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 1 Analyst Estimates (S&P Global) See Below

All data from Fremont Petroleum Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:FPL Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-06-30
2021-06-30
2020-06-30
2019-06-30
ASX:FPL Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 -0.01
2018-06-30 -0.02
2018-03-31 -0.03
2017-12-31 -0.04
2017-09-30 -0.04
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.02
2016-09-30 -0.06
2016-06-30 -0.14
2016-03-31 -0.45

*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 Fremont Petroleum will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Fremont Petroleum'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.
Fremont Petroleum has a total score of 2/6, 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.

FPL Past Performance

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

ASX:FPL 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 1.26 -1.58 1.35
2018-09-30 1.14 -5.08 1.32
2018-06-30 1.01 -8.58 1.29
2018-03-31 0.79 -9.47 1.43
2017-12-31 0.57 -10.37 1.57
2017-09-30 0.41 -7.04 1.61
2017-06-30 0.25 -3.71 1.65
2017-03-31 0.17 -2.86 1.45
2016-12-31 0.09 -2.00 1.25
2016-09-30 0.35 -4.01 1.35
2016-06-30 0.61 -6.01 1.45
2016-03-31 1.11 -17.37 2.10
2015-12-31 1.60 -28.73 2.76
2015-09-30 1.98 -36.48 3.05
2015-06-30 2.35 -44.23 3.35
2015-03-31 2.16 -33.79 3.48
2014-12-31 1.96 -23.35 3.61
2014-09-30 1.68 -12.69 3.51
2014-06-30 1.41 -2.02 3.42
2014-03-31 1.46 -1.57 3.05
2013-12-31 1.52 -1.11 2.69
2013-09-30 1.68 -2.01 2.39
2013-06-30 1.85 -2.90 2.08
2013-03-31 1.91 -2.65 2.18
2012-12-31 1.96 -2.39 2.28
2012-09-30 1.96 -2.34 2.20
2012-06-30 1.96 -2.30 2.11

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

FPL Health

 How is Fremont Petroleum'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 Fremont Petroleum's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fremont Petroleum is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Fremont Petroleum's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Fremont Petroleum'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 covered by short term assets, assets are 3.6x 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 Fremont Petroleum Company Filings, last reported 3 months ago.

ASX:FPL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 11.02 0.40 1.33
2018-09-30 11.02 0.40 1.33
2018-06-30 7.86 0.33 0.51
2018-03-31 7.86 0.33 0.51
2017-12-31 5.49 0.83 0.04
2017-09-30 5.49 0.83 0.04
2017-06-30 11.69 0.85 0.07
2017-03-31 11.69 0.85 0.07
2016-12-31 13.45 0.00 1.49
2016-09-30 13.45 0.00 1.49
2016-06-30 11.25 0.00 2.05
2016-03-31 11.25 0.00 2.05
2015-12-31 9.30 1.73 0.11
2015-09-30 9.30 1.73 0.11
2015-06-30 13.18 1.96 1.91
2015-03-31 13.18 1.96 1.91
2014-12-31 32.05 0.00 1.61
2014-09-30 32.05 0.00 1.61
2014-06-30 43.54 0.00 4.42
2014-03-31 43.54 0.00 4.42
2013-12-31 41.92 0.00 1.93
2013-09-30 41.92 0.00 1.93
2013-06-30 38.81 0.00 1.14
2013-03-31 38.81 0.00 1.14
2012-12-31 34.11 0.06 4.07
2012-09-30 34.11 0.06 4.07
2012-06-30 36.03 0.07 21.09
  • Fremont Petroleum's level of debt (3.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 3.6% 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.

  • Fremont Petroleum has less than a year of cash runway based on current free cash flow.
  • Fremont Petroleum has less than a year of cash runway if free cash flow continues to reduce at historical rates of -9.2% each year.
X
Financial health checks
We assess Fremont Petroleum'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. Fremont Petroleum 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.

FPL Dividends

 What is Fremont Petroleum'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 Fremont Petroleum dividends. Estimated to be 208.33% next year.
If you bought A$2,000 of Fremont Petroleum 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 Fremont Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Fremont Petroleum'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:FPL 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 1 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.

ASX:FPL Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-06-30 0.00 1.00
2021-06-30 0.10 1.00
2020-06-30 0.00 1.00
2019-06-30 0.00 1.00

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

  • Unable to perform a dividend volatility check as Fremont Petroleum has not reported any payouts.
  • Unable to verify if Fremont Petroleum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Fremont Petroleum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Fremont Petroleum has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (6x coverage).
X
Income/ dividend checks
We assess Fremont Petroleum'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 Fremont Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fremont Petroleum has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FPL Management

 What is the CEO of Fremont Petroleum'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
Tim Hart
COMPENSATION A$242,516
TENURE AS CEO 2.8 years
CEO Bio

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. Mr. Hart served as the Chief Operating Officer at Austin Exploration Limited until July 15, 2016. Mr. Hart served as a Vice President of Kentucky & Mississippi Business Unit and General Manager of Kentucky & Mississippi Business Unit at Austin Exploration Limited and served as its General Manager of Kentucky and Vice President. Mr. Hart is responsible for the performance and development of Austin Exploration’s Kentucky Exploration, LLC project which includes approximately 1000 acres of development area in Webster, Edmonton & Larue counties. He is responsible for the upgrade and maintenance of the companies Information Technology systems. He has an extensive professional history in business and technology. He has held numerous senior level management positions with expertise in Electrical Engineering, Information Technology, Technical Project Management, Vendor Management, Contract Negotiation, Operational Efficiency, Process Development and Budget Development & Compliance. Mr. Hart has a strong management, engineering and technology background and has worked with numerous local vendors to improve their processes and service offerings to accommodate the enhanced technical, safety and environmental requirements. He serves as Director of Austin Exploration Limited. He serves on the Board of Directors for Kentucky Exploration, LLC. Mr. Hart has a Bachelor of Science in Engineering from Penn State University (PSU).

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

Average tenure of the Fremont Petroleum management team in years:

2.8
Average Tenure
  • The tenure for the Fremont Petroleum management team is about average.
Management Team

Guy Goudy

TITLE
Executive Chairman
COMPENSATION
A$238K

Tim Hart

TITLE
MD, CEO & Director
COMPENSATION
A$243K
TENURE
2.8 yrs

Lonny Haugen

TITLE
Chief Financial Officer
COMPENSATION
A$52K
TENURE
6.8 yrs

Aaron Goss

TITLE
Executive VP
TENURE
0.6 yrs

Vanessa Lintz

TITLE
Head Geologist
TENURE
2.2 yrs

Rob Lees

TITLE
Corporate Secretary
COMPENSATION
A$36K
AGE
61
TENURE
3.8 yrs
Board of Directors Tenure

Average tenure of the Fremont Petroleum board of directors in years:

2.7
Average Tenure
  • The average tenure for the Fremont Petroleum board of directors is less than 3 years, this suggests a new board.
Board of Directors

Guy Goudy

TITLE
Executive Chairman
COMPENSATION
A$238K
TENURE
2.8 yrs

Tim Hart

TITLE
MD, CEO & Director
COMPENSATION
A$243K

Stuart Middleton

TITLE
Non Executive Director
COMPENSATION
A$54K
TENURE
4 yrs

Andrew Blow

TITLE
Non Executive Director
COMPENSATION
A$54K
TENURE
2.7 yrs

Samuel Jarvis

TITLE
Non-Executive Director
COMPENSATION
A$16K
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
03. Apr 19 Buy Regal Funds Management Pty Limited Company 01. Apr 19 01. Apr 19 23,999,920 A$0.01 A$311,966
03. Dec 18 Buy Resilient Investment Group Pty Ltd Company 04. Dec 18 04. Dec 18 428,571 A$0.01 A$2,571
X
Management checks
We assess Fremont Petroleum'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. Fremont Petroleum 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.

FPL News

Simply Wall St News

How Financially Strong Is Fremont Petroleum Corporation Limited (ASX:FPL)?

Investors are always looking for growth in small-cap stocks like Fremont Petroleum Corporation Limited (ASX:FPL), with a market cap of AU$4.77m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

Why Fremont Petroleum Corporation Limited's (ASX:FPL) Ownership Structure Is Important

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Another important group of owners for potential investors in FPL are private companies that hold a stake of 6.88% in FPL.

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Is Fremont Petroleum Corporation Limited's (ASX:FPL) Balance Sheet Strong Enough To Weather A Storm?

How does FPL’s operating cash flow stack up against its debt? … With this growth in debt, FPL's cash and short-term investments stands at AU$72.34K , ready to deploy into the business. … Risk around debt is very low for FPL, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: Although FPL’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

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What Are The Drivers Of Fremont Petroleum Corporation Limited's (ASX:FPL) Risks?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … View our latest analysis for Fremont Petroleum An interpretation of FPL's beta Fremont Petroleum's beta of 0.7 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, FPL appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market.

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Should Your Next Investment In The Energy Industry Be In Fremont Petroleum Corporation Limited (ASX:FPL)?

In this article, I’ll take you through the energy sector growth expectations, and also determine whether Fremont Petroleum is a laggard or leader relative to its energy sector peers. … Check out our latest analysis for Fremont Petroleum What’s the catalyst for Fremont Petroleum's sector growth? … Next Steps: Fremont Petroleum has been an energy industry laggard in the past year.

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Who Are The Top Investors In Fremont Petroleum Corporation Limited (ASX:FPL)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors should dig deeper into FPL's business relations with these companies and how it can affect shareholder returns in the long-term.What this means for you: Institutional ownership level and composition in FPL is not high nor active enough to significantly impact its investment thesis.

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Is Fremont Petroleum Corporation Limited's (ASX:FPL) Balance Sheet Strong Enough To Weather A Storm?

Here are few basic financial health checks you should consider before taking the plunge. … With this ramp up in debt, the current cash and short-term investment levels stands at A$0.1M , ready to deploy into the business. … I admit this is a fairly basic analysis for FPL's financial health.

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Should You Be Concerned About Fremont Petroleum Corporation Limited's (ASX:FPL) Risks?

Based on this beta value, FPL appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … However, this is the opposite to what FPL’s actual beta value suggests, which is lower stock volatility relative to the market. … Depending on the composition of your portfolio, low-beta stocks such as FPL is valuable to lower your risk of market exposure, in particular, during times of economic decline.

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Has Fremont Petroleum Corporation Limited (ASX:FPL) Improved Earnings Growth In Recent Times?

After reading Fremont Petroleum Corporation Limited's (ASX:FPL) most recent earnings announcement (30 June 2017), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … To account for any quarterly or half-yearly updates, I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … For Fremont Petroleum, its latest twelve-month earnings is -A$3.7M, which compared to last year’s figure, has become less negative.

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Have Investors Already Priced In Oil & Gas Growth For Fremont Petroleum Corporation Limited (ASX:FPL)?

This rate is below the growth rate of the Australian stock market as a whole. … However, recently the sector saw a reversal in the downturn, and over the past year, the industry turnaround led to growth of over 50%, beating the Australian market growth of 5.37%. … ASX:FPL PE PEG Gauge Nov 8th 17 The oil and gas industry is trading at a PE ratio of 11x, below the broader Australian stock market PE of 17x.

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FPL Company Info

Description

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 based in Sydney, Australia.

Details
Name: Fremont Petroleum Corporation Limited
FPL
Exchange: ASX
Founded: 2006
A$19,096,984
1,591,415,367
Website: http://www.fremontpetroleum.com
Address: Fremont Petroleum Corporation Limited
17 Castlereagh Street,
Suite 302,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX FPL Ordinary Shares Australian Securities Exchange AU AUD 20. Jul 2006
OTCPK AUNX.F Ordinary Shares Pink Sheets LLC US USD 20. Jul 2006
DB JUE Ordinary Shares Deutsche Boerse AG DE EUR 20. Jul 2006
HMSE JUE Ordinary Shares Hamburg Stock Exchange DE EUR 20. Jul 2006
CHIA FPL Ordinary Shares Chi-X Australia AU AUD 20. Jul 2006
Number of employees
Current staff
Staff numbers
0
Fremont Petroleum employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 10:33
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/01/10
Last earnings filing: 2019/03/12
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.