company background image
HZN logo

Horizon Oil ASX:HZN Stock Report

Last Price

AU$0.17

Market Cap

AU$299.4m

7D

-8.1%

1Y

3.0%

Updated

18 Apr, 2024

Data

Company Financials +

HZN Stock Overview

Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China and New Zealand.

HZN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends4/6

Horizon Oil Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Horizon Oil
Historical stock prices
Current Share PriceAU$0.17
52 Week HighAU$0.19
52 Week LowAU$0.14
Beta0.90
1 Month Change-2.86%
3 Month Change9.68%
1 Year Change3.03%
3 Year Change91.01%
5 Year Change41.67%
Change since IPO-53.80%

Recent News & Updates

Recent updates

Horizon Oil (ASX:HZN) Could Become A Multi-Bagger

Apr 19
Horizon Oil (ASX:HZN) Could Become A Multi-Bagger

Calculating The Fair Value Of Horizon Oil Limited (ASX:HZN)

Feb 01
Calculating The Fair Value Of Horizon Oil Limited (ASX:HZN)

Horizon Oil Limited's (ASX:HZN) 29% Dip In Price Shows Sentiment Is Matching Earnings

Sep 01
Horizon Oil Limited's (ASX:HZN) 29% Dip In Price Shows Sentiment Is Matching Earnings

Horizon Oil (ASX:HZN) Has Debt But No Earnings; Should You Worry?

Feb 26
Horizon Oil (ASX:HZN) Has Debt But No Earnings; Should You Worry?

Horizon Oil (ASX:HZN) Share Prices Have Dropped 46% In The Last Year

Dec 15
Horizon Oil (ASX:HZN) Share Prices Have Dropped 46% In The Last Year

Shareholder Returns

HZNAU Oil and GasAU Market
7D-8.1%-0.9%-3.1%
1Y3.0%0.1%4.0%

Return vs Industry: HZN exceeded the Australian Oil and Gas industry which returned 0.1% over the past year.

Return vs Market: HZN matched the Australian Market which returned 4% over the past year.

Price Volatility

Is HZN's price volatile compared to industry and market?
HZN volatility
HZN Average Weekly Movement4.4%
Oil and Gas Industry Average Movement10.5%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.4%
10% least volatile stocks in AU Market3.5%

Stable Share Price: HZN has not had significant price volatility in the past 3 months.

Volatility Over Time: HZN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196911Richard Beamenthorizonoil.com.au

Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China and New Zealand. It holds interest in the Block 22/12 oil field in Beibu Gulf, China; and the PMP 38160 Maari/Manaia oil fields in New Zealand, as well as engages in the exploration and evaluation of hydrocarbons. Horizon Oil Limited was incorporated in 1969 and is based in Sydney, Australia.

Horizon Oil Limited Fundamentals Summary

How do Horizon Oil's earnings and revenue compare to its market cap?
HZN fundamental statistics
Market capAU$299.40m
Earnings (TTM)AU$66.94m
Revenue (TTM)AU$221.11m

4.1x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HZN income statement (TTM)
RevenueUS$142.54m
Cost of RevenueUS$74.57m
Gross ProfitUS$67.97m
Other ExpensesUS$24.82m
EarningsUS$43.15m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.027
Gross Margin47.68%
Net Profit Margin30.27%
Debt/Equity Ratio0%

How did HZN perform over the long term?

See historical performance and comparison

Dividends

23.0%

Current Dividend Yield

87%

Payout Ratio

Does HZN pay a reliable dividends?

See HZN dividend history and benchmarks
When do you need to buy HZN by to receive an upcoming dividend?
Horizon Oil dividend dates
Ex Dividend DateApr 18 2024
Dividend Pay DateApr 26 2024
Days until Ex dividend1 day
Days until Dividend pay date7 days

Does HZN pay a reliable dividends?

See HZN dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.