Horizon Oil Past Earnings Performance
Past criteria checks 6/6
Horizon Oil has been growing earnings at an average annual rate of 11.8%, while the Oil and Gas industry saw earnings growing at 32.8% annually. Revenues have been growing at an average rate of 6.5% per year. Horizon Oil's return on equity is 47.1%, and it has net margins of 30.3%.
Key information
11.8%
Earnings growth rate
4.9%
EPS growth rate
| Oil and Gas Industry Growth | 32.6% |
| Revenue growth rate | 6.5% |
| Return on equity | 47.1% |
| Net Margin | 30.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Horizon Oil (ASX:HZN) Could Become A Multi-Bagger
Apr 19
Calculating The Fair Value Of Horizon Oil Limited (ASX:HZN)
Feb 01Horizon Oil Limited's (ASX:HZN) 29% Dip In Price Shows Sentiment Is Matching Earnings
Sep 01Horizon Oil (ASX:HZN) Has Debt But No Earnings; Should You Worry?
Feb 26Horizon Oil (ASX:HZN) Share Prices Have Dropped 46% In The Last Year
Dec 15
Revenue & Expenses BreakdownBeta
How Horizon Oil makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 143 | 43 | 2 | 0 |
| 30 Sep 23 | 147 | 44 | 4 | 0 |
| 30 Jun 23 | 152 | 44 | 6 | 0 |
| 31 Mar 23 | 148 | 40 | 8 | 0 |
| 31 Dec 22 | 145 | 35 | 10 | 0 |
| 30 Sep 22 | 126 | 30 | 7 | 0 |
| 30 Jun 22 | 108 | 24 | 5 | 0 |
| 31 Dec 21 | 77 | 11 | 5 | 0 |
| 30 Sep 21 | 70 | 8 | 5 | 0 |
| 30 Jun 21 | 64 | 5 | 6 | 0 |
| 31 Dec 20 | 58 | 10 | 7 | 0 |
| 30 Sep 20 | 71 | 13 | 6 | 0 |
| 30 Jun 20 | 84 | 16 | 6 | 0 |
| 31 Mar 20 | 98 | 19 | 6 | 0 |
| 31 Dec 19 | 111 | 23 | 4 | 0 |
| 30 Sep 19 | 117 | 30 | 5 | 0 |
| 30 Jun 19 | 122 | 36 | 6 | 0 |
| 31 Mar 19 | 125 | 31 | 6 | 0 |
| 31 Dec 18 | 127 | 27 | 7 | 0 |
| 30 Sep 18 | 114 | 12 | 7 | 0 |
| 30 Jun 18 | 100 | -3 | 7 | 0 |
| 31 Mar 18 | 87 | -4 | 8 | 0 |
| 31 Dec 17 | 73 | -5 | 8 | 0 |
| 30 Sep 17 | 71 | -3 | 8 | 0 |
| 30 Jun 17 | 69 | 0 | 7 | 0 |
| 31 Mar 17 | 67 | -54 | 8 | 0 |
| 31 Dec 16 | 66 | -108 | 9 | 0 |
| 30 Sep 16 | 71 | -126 | 9 | 0 |
| 30 Jun 16 | 76 | -144 | 10 | 0 |
| 31 Mar 16 | 84 | -88 | 12 | 0 |
| 31 Dec 15 | 92 | -31 | 14 | 0 |
| 30 Sep 15 | 98 | -6 | 19 | 0 |
| 30 Jun 15 | 104 | 18 | 24 | 0 |
| 31 Mar 15 | 115 | 19 | 27 | 0 |
| 31 Dec 14 | 127 | 20 | 30 | 0 |
| 30 Sep 14 | 133 | 17 | 25 | 0 |
| 30 Jun 14 | 138 | 13 | 19 | 0 |
| 31 Mar 14 | 117 | 12 | 13 | 0 |
| 31 Dec 13 | 95 | 10 | 6 | 0 |
| 30 Sep 13 | 71 | 7 | 7 | 0 |
| 30 Jun 13 | 48 | 3 | 8 | 0 |
Quality Earnings: HZN has high quality earnings.
Growing Profit Margin: HZN's current net profit margins (30.3%) are higher than last year (24.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HZN's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: HZN's earnings growth over the past year (21.7%) exceeds its 5-year average (11.8% per year).
Earnings vs Industry: HZN earnings growth over the past year (21.7%) exceeded the Oil and Gas industry -41.1%.
Return on Equity
High ROE: HZN's Return on Equity (47.1%) is considered outstanding.