Icon Energy Limited engages in exploration, appraisal, and development of oil and gas properties in Australia.
Excellent balance sheet and overvalued.
Share Price & News
How has Icon Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ICN's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: ICN underperformed the Australian Oil and Gas industry which returned -8.9% over the past year.
Return vs Market: ICN underperformed the Australian Market which returned 15.3% over the past year.
Price Volatility Vs. Market
How volatile is Icon Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWe're Not Very Worried About Icon Energy's (ASX:ICN) Cash Burn Rate
4 months ago | Simply Wall StCompanies Like Icon Energy (ASX:ICN) Are In A Position To Invest In Growth
8 months ago | Simply Wall StImagine Owning Icon Energy (ASX:ICN) And Trying To Stomach The 88% Share Price Drop
Is Icon Energy undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ICN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ICN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ICN is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: ICN 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 ICN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ICN is good value based on its PB Ratio (0.3x) compared to the AU Oil and Gas industry average (1.2x).
How is Icon Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Icon Energy 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.
- Examine Icon Energy's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Icon Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Icon Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ICN is currently unprofitable.
Growing Profit Margin: ICN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ICN is unprofitable, and losses have increased over the past 5 years at a rate of -38.2% per year.
Accelerating Growth: Unable to compare ICN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ICN is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (58.2%).
Return on Equity
High ROE: ICN has a negative Return on Equity (-269.42%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Icon Energy's financial position?
Financial Position Analysis
Short Term Liabilities: ICN's short term assets (A$9.4M) exceed its short term liabilities (A$6.2M).
Long Term Liabilities: ICN's short term assets (A$9.4M) exceed its long term liabilities (A$35.4K).
Debt to Equity History and Analysis
Debt Level: ICN is debt free.
Reducing Debt: ICN had no debt 5 years ago.
Inventory Level: ICN has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ICN's debt is covered by short term assets.
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: ICN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ICN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Icon Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ICN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ICN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ICN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ICN'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 ICN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Icon Energy has no CEO, or we have no data on them.
|Non-Executive Director||10.8yrs||AU$68.77k||0.016% A$559.3|
|Non-Executive Chairman||11.2yrs||AU$92.86k||0.28% A$9.9k|
|Non-Executive Director||9.1yrs||AU$61.32k||2.69% A$96.4k|
Experienced Board: ICN's board of directors are seasoned and experienced ( 11 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Icon Energy Limited's company bio, employee growth, exchange listings and data sources
- Name: Icon Energy Limited
- Ticker: ICN
- Exchange: ASX
- Founded: 1993
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$3.585m
- Shares outstanding: 597.56m
- Website: https://www.iconenergy.com
Number of Employees
- Icon Energy Limited
- 4 Miami Key
- Broadbeach Waters
- Gold Coast
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ICN||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Sep 1997|
|ICNO.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Sep 1997|
|ICN||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Sep 1997|
Icon Energy Limited engages in exploration, appraisal, and development of oil and gas properties in Australia. It holds interests in the Cooper/Eromanga, and Surat and Gippsland Basins located in Queensland. The company was formerly known as Icon Oil NL and changed its name to Icon Energy Limited in November 2000. Icon Energy Limited was founded in 1993 and is headquartered in Gold Coast, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 10:32|
|End of Day Share Price||2020/02/17 00:00|
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.