ASX:GEV

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Global Energy Ventures

Executive Summary

Global Energy Ventures Ltd. develops, builds, owns, and operates compressed natural gas (CNG) projects in the United States. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Global Energy Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GEV is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: GEV's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.


Market Performance


7 Day Return

-9.0%

GEV

1.3%

AU Oil and Gas

-0.2%

AU Market


1 Year Return

-32.6%

GEV

-3.6%

AU Oil and Gas

12.7%

AU Market

Return vs Industry: GEV underperformed the Australian Oil and Gas industry which returned -3.6% over the past year.

Return vs Market: GEV underperformed the Australian Market which returned 12.7% over the past year.


Shareholder returns

GEVIndustryMarket
7 Day-9.0%1.3%-0.2%
30 Day-30.0%1.7%-2.0%
90 Day12.3%4.7%1.8%
1 Year-32.6%-32.6%-0.3%-3.6%16.3%12.7%
3 Year-76.1%-76.1%-7.8%-17.1%27.9%12.4%
5 Year-32.6%-49.4%18.4%2.4%60.3%29.5%

Long-Term Price Volatility Vs. Market

How volatile is Global Energy Ventures's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Global Energy Ventures undervalued compared to its fair value and its price relative to the market?

4.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GEV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GEV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GEV is unprofitable, so we can't compare its PE Ratio to the AU Oil and Gas industry average.

PE vs Market: GEV 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 GEV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GEV is overvalued based on its PB Ratio (4.5x) compared to the AU Oil and Gas industry average (1.8x).


Next Steps

Future Growth

How is Global Energy Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

43.8%

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 Global Energy Ventures 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.


Next Steps

Past Performance

How has Global Energy Ventures performed over the past 5 years?

-2.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GEV is currently unprofitable.

Growing Profit Margin: GEV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GEV is unprofitable, and losses have increased over the past 5 years at a rate of 2.5% per year.

Accelerating Growth: Unable to compare GEV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GEV is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (76.6%).


Return on Equity

High ROE: GEV has a negative Return on Equity (-39.71%), as it is currently unprofitable.


Next Steps

Financial Health

How is Global Energy Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: GEV's short term assets (A$2.2M) exceed its short term liabilities (A$269.8K).

Long Term Liabilities: GEV has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GEV is debt free.

Reducing Debt: GEV has no debt compared to 5 years ago when its debt to equity ratio was 70%.


Balance Sheet


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: GEV has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: GEV is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Global Energy Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GEV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GEV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GEV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GEV'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 GEV's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Fletcher Brand

no data

Tenure

AU$450,000

Compensation

Mr. Fletcher Maurice Brand, FAICD, FAIM has been an Executive Chairman of Global Energy Ventures Ltd. (also known as TTE Petroleum Limited) since November 24, 2016 and serves as its Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Fletcher's total compensation ($USD344.46K) is about average for companies of similar size in the Australian market ($USD297.11K).

Compensation vs Earnings: Fletcher's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Fletcher Brand
Executive Chairman & CEOno dataAU$450.00k4.99%
A$ 2.1m
Martin Randell Carolan
Executive Director of Corporate & Finance1.92yrsAU$250.00k2.69%
A$ 1.1m
Garry John Triglavcanin
Executive Director & Chief Development Officer4.33yrsAU$250.00k2.75%
A$ 1.1m
Thomas Soderberg
Head of Shipping & Non-Executive Director0.17yrAU$230.00k0.44%
A$ 182.0k
Jack Toby
Company Secretary12.83yrsAU$126.00k1.06%
A$ 436.8k
William Hornaday
President of Global Gas Ventures Pty Ltd & Director of GEV Canada Corporationno datano datano data
John Fitzpatrick
Chief Technical of GEV Canada Corporationno datano datano data
David Stenning
Chief Operating Officer of GEV Canada Corporationno datano datano data

2.0yrs

Average Tenure

Experienced Management: GEV's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Fletcher Brand
Executive Chairman & CEOno dataAU$450.00k4.99%
A$ 2.1m
Martin Randell Carolan
Executive Director of Corporate & Finance1.92yrsAU$250.00k2.69%
A$ 1.1m
Garry John Triglavcanin
Executive Director & Chief Development Officer4.33yrsAU$250.00k2.75%
A$ 1.1m
William Hornaday
President of Global Gas Ventures Pty Ltd & Director of GEV Canada Corporationno datano datano data
Andrew Pickering
Non-Executive Director0.083yrno datano data

3.1yrs

Average Tenure

Experienced Board: GEV's board of directors are considered experienced (3.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GEV insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.1%.


Top Shareholders

Company Information

Global Energy Ventures Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Global Energy Ventures Ltd.
  • Ticker: GEV
  • Exchange: ASX
  • Founded: 2004
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: AU$41.143m
  • Shares outstanding: 452.12m
  • Website: https://www.gev.com

Location

  • Global Energy Ventures Ltd.
  • 5 Ord Street
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GEVASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2005
GEVCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMar 2005
WS9DB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2005
GBBL.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2005

Biography

Global Energy Ventures Ltd. develops, builds, owns, and operates compressed natural gas (CNG) projects in the United States. It develops commercialization solutions for CNG in stranded gas fields. The comp...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 07:02
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.