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Horizon Oil ASX:HZN Stock Report

Last Price

AU$0.18

Market Cap

AU$309.1m

7D

0%

1Y

15.6%

Updated

21 Nov, 2024

Data

Company Financials +

HZN Stock Overview

Engages in the exploration, development, and production of oil and gas properties in China, New Zealand, and Australia. More details

HZN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends2/6

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$0.18
52 Week HighAU$0.22
52 Week LowAU$0.15
Beta0.96
11 Month Change-2.63%
3 Month Change-2.63%
1 Year Change15.63%
33 Year Change110.23%
5 Year Change37.04%
Change since IPO-49.73%

Recent News & Updates

Results: Horizon Oil Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Aug 31
Results: Horizon Oil Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Recent updates

Results: Horizon Oil Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Aug 31
Results: Horizon Oil Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

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
7D0%1.8%1.5%
1Y15.6%-15.9%17.2%

Return vs Industry: HZN exceeded the Australian Oil and Gas industry which returned -15.9% over the past year.

Return vs Market: HZN underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is HZN's price volatile compared to industry and market?
HZN volatility
HZN Average Weekly Movement6.7%
Oil and Gas Industry Average Movement11.2%
Market Average Movement8.6%
10% most volatile stocks in AU Market17.3%
10% least volatile stocks in AU Market3.4%

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

Volatility Over Time: HZN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196910Richard Beamenthorizonoil.com.au

Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in China, New Zealand, and Australia. It holds interest in the Block 22/12 oil fields in Beibu Gulf, China; the PMP 38160 Maari/Manaia oil fields in New Zealand; and the Mereenie OL4 and OL5 oil and gas fields in Amadeus Basin, Australia; as well as engages in the exploration and evaluation of hydrocarbons. Horizon Oil Limited was incorporated in 1969 and is headquartered 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$309.09m
Earnings (TTM)AU$39.83m
Revenue (TTM)AU$171.43m

7.6x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HZN income statement (TTM)
RevenueUS$111.47m
Cost of RevenueUS$62.91m
Gross ProfitUS$48.56m
Other ExpensesUS$22.66m
EarningsUS$25.90m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.016
Gross Margin43.56%
Net Profit Margin23.24%
Debt/Equity Ratio31.1%

How did HZN perform over the long term?

See historical performance and comparison

Dividends

16.1%

Current Dividend Yield

125%

Payout Ratio