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Icon Energy

ASX:ICN
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ICN
ASX
A$11M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Icon Energy Limited engages in exploration, appraisal, and development of oil and gas properties in Australia. The last earnings update was 64 days ago. More info.


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ICN Share Price and Events
7 Day Returns
11.1%
ASX:ICN
3.4%
AU Oil and Gas
0.5%
AU Market
1 Year Returns
-23.1%
ASX:ICN
5.7%
AU Oil and Gas
4.9%
AU Market
ICN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Icon Energy (ICN) 11.1% 5.3% 0% -23.1% -35.5% -85.2%
AU Oil and Gas 3.4% 0.7% 9.8% 5.7% 34.8% -30.3%
AU Market 0.5% 1.9% 8% 4.9% 19.5% 6.3%
1 Year Return vs Industry and Market
  • ICN underperformed the Oil and Gas industry which returned 5.7% over the past year.
  • ICN underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
ICN
Industry
5yr Volatility vs Market

ICN Value

 Is Icon Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Icon Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.02.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Icon Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Icon Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:ICN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:ICN Share Price ** ASX (2019-04-24) in AUD A$0.02
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 8.09x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.19x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Icon Energy.

ASX:ICN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:ICN Share Price ÷ EPS (both in AUD)

= 0.02 ÷ -0.01

-3.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Icon Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Icon Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Icon Energy's expected growth come at a high price?
Raw Data
ASX:ICN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Icon Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Icon Energy's assets?
Raw Data
ASX:ICN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.07
ASX:ICN Share Price * ASX (2019-04-24) in AUD A$0.02
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.3x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.68x
ASX:ICN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:ICN Share Price ÷ Book Value per Share (both in AUD)

= 0.02 ÷ 0.07

0.29x

* Primary Listing of Icon Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Icon Energy is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Icon Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Icon Energy has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ICN Future Performance

 How is Icon Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Icon Energy expected to grow at an attractive rate?
  • Unable to compare Icon Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Icon Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Icon Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:ICN Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:ICN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:ICN Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -4 -4
2018-09-30 -4 -4
2018-06-30 -4 -4
2018-03-31 -5 -5
2017-12-31 -5 -6
2017-09-30 -5 -6
2017-06-30 -4 -6
2017-03-31 0 -4 -6
2016-12-31 0 -3 -5
2016-09-30 0 -4 -6
2016-06-30 1 -4 -6
2016-03-31 1 -4 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Icon Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Icon Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:ICN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Icon Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ICN Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Icon Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Icon Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Icon Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Icon Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Icon Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ICN Past Performance

  How has Icon Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Icon Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Icon Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Icon Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Icon Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Icon Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Icon Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ICN Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -3.62 3.51
2018-09-30 -3.83 3.71
2018-06-30 -4.04 3.91
2018-03-31 -5.12 4.12
2017-12-31 -6.19 4.38
2017-09-30 -5.93 4.17
2017-06-30 -5.67 3.95
2017-03-31 0.00 -5.54 3.81
2016-12-31 0.00 -5.40 3.67
2016-09-30 0.27 -5.50 4.03
2016-06-30 0.54 -5.60 4.40
2016-03-31 0.53 -5.12 4.87
2015-12-31 0.53 -4.64 5.34
2015-09-30 0.27 -5.25 5.74
2015-06-30 0.01 -5.86 6.15
2015-03-31 2.47 -3.61 6.54
2014-12-31 4.93 -1.35 6.93
2014-09-30 4.93 -1.18 6.82
2014-06-30 4.93 -1.02 6.72
2014-03-31 2.46 2.76 6.68
2013-12-31 6.53 6.64
2013-09-30 5.12 6.74
2013-06-30 3.72 6.83
2013-03-31 -2.02 6.42
2012-12-31 -7.76 6.00
2012-09-30 -6.19 6.11
2012-06-30 -4.62 6.23

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Icon Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Icon Energy has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Icon Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Icon Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Icon Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ICN Health

 How is Icon Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Icon Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Icon Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Icon Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Icon Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Icon Energy has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Icon Energy Company Filings, last reported 3 months ago.

ASX:ICN Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 41.13 0.00 10.28
2018-09-30 41.13 0.00 10.28
2018-06-30 43.00 0.00 12.27
2018-03-31 43.00 0.00 12.27
2017-12-31 44.75 0.00 7.14
2017-09-30 44.75 0.00 7.14
2017-06-30 47.04 0.00 9.66
2017-03-31 47.04 0.00 9.66
2016-12-31 50.94 0.00 14.60
2016-09-30 50.94 0.00 14.60
2016-06-30 52.71 0.00 16.95
2016-03-31 52.71 0.00 16.95
2015-12-31 56.44 0.00 18.69
2015-09-30 56.44 0.00 18.69
2015-06-30 58.57 0.00 13.75
2015-03-31 58.57 0.00 13.75
2014-12-31 76.41 0.00 20.98
2014-09-30 76.41 0.00 20.98
2014-06-30 65.09 0.00 19.61
2014-03-31 65.09 0.00 19.61
2013-12-31 63.03 0.00 35.62
2013-09-30 63.03 0.00 35.62
2013-06-30 46.99 3.43 32.84
2013-03-31 46.99 3.43 32.84
2012-12-31 37.38 3.47 21.15
2012-09-30 37.38 3.47 21.15
2012-06-30 29.24 3.51 9.41
  • Icon Energy has no debt.
  • Icon Energy had no debt 5 years ago.
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.

  • Icon Energy has sufficient cash runway for 2.9 years based on current free cash flow.
  • Icon Energy has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 55.9% each year.
X
Financial health checks
We assess Icon Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Icon Energy has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ICN Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Icon Energy dividends.
If you bought A$2,000 of Icon Energy shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Icon Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Icon Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:ICN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Icon Energy has not reported any payouts.
  • Unable to verify if Icon Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Icon Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Icon Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Icon Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Icon Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Icon Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ICN Management

 What is the CEO of Icon Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ray James
COMPENSATION A$649,022
TENURE AS CEO 26.2 years
CEO Bio

Mr. Raymond Swinbum James, also known as Ray, has been Managing Director at Icon Energy Limited since February 7,1993 and served as its Chief Geophysicist and Director of Exploration. Mr. James has been the President at Icon Oil US LLC since 1999. He served as Managing Director of Australian Hydrocarbons from 1980 to 1981 and the Managing Director of Omega Oil from 1987 to 1991. He has 40 years experience in the petroleum industry in Australia, USA, Indonesia, SE Asia, M.East and Russia. He served at Chevron Perth and Houston from 1969 to 1974 and with Gulf Oil from 1974 to 1980. He served as Director of Australian Petroleum Production & Exploration Association (APPEA) from 1999 to 2007 and Vice Chairman of APPEA from 2003 to 2005. Mr. James served as Chairman of Icon Energy Ltd. since November 14, 2008 and has been its Executive Director since February 1, 1993. He is a Fellow of the Australian Institute of Management. Mr. James holds a BSc in Physics and Geology from the University of NSW.

CEO Compensation
  • Ray's compensation has increased whilst company is loss making.
  • Ray's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Icon Energy management team in years:

8.8
Average Tenure
  • The average tenure for the Icon Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ray James

TITLE
MD & Executive Director
COMPENSATION
A$649K
TENURE
26.2 yrs

Kevin Jih

TITLE
CFO, Company Secretary & Executive Director
COMPENSATION
A$500K
TENURE
8.8 yrs

Martin Berry

TITLE
Exploration Manager
COMPENSATION
A$357K
TENURE
5.7 yrs
Board of Directors Tenure

Average tenure of the Icon Energy board of directors in years:

10
Average Tenure
  • The average tenure for the Icon Energy board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Stephen Barry

TITLE
Non-Executive Chairman
COMPENSATION
A$104K
TENURE
10.3 yrs

Ray James

TITLE
MD & Executive Director
COMPENSATION
A$649K
TENURE
26.2 yrs

Kevin Jih

TITLE
CFO, Company Secretary & Executive Director
COMPENSATION
A$500K
TENURE
7.4 yrs

Keith Hilless

TITLE
Non-Executive Director
COMPENSATION
A$77K
TENURE
10 yrs

Derek James Murphy

TITLE
Non-Executive Director
COMPENSATION
A$84K
AGE
71
TENURE
10.1 yrs

Howard Lu

TITLE
Non-Executive Director
COMPENSATION
A$69K
TENURE
8.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Icon Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Icon Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ICN News

Simply Wall St News

Should You Worry About Icon Energy Limited's (ASX:ICN) CEO Salary Level?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … Check out our latest analysis for Icon Energy … How Does Ray James's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Can We See Significant Insider Ownership On The Icon Energy Limited (ASX:ICN) Share Register?

Every investor in Icon Energy Limited (ASX:ICN) should be aware of the most powerful shareholder groups. … Icon Energy is a smaller company with a market capitalization of AU$12m, so it may still be flying under the radar of many institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

Should You Be Concerned About Icon Energy Limited's (ASX:ICN) Historical Volatility?

If you're interested in Icon Energy Limited (ASX:ICN), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).

Simply Wall St -

Who Are The Major Shareholders In Icon Energy Limited (ASX:ICN)?

In this article, I will take a quick look at Icon Energy Limited’s (ASX:ICN) recent ownership structure – an unconventional investing subject, but an important one. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … Therefore, it is beneficial for us to examine ICN's ownership structure in more detail.

Simply Wall St -

What Kind Of Risk Should You Expect For Icon Energy Limited (ASX:ICN)?

If you are a shareholder in Icon Energy Limited’s (ASX:ICN), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … Generally, an investor should consider two types of risk that impact the market value of ICN. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

Simply Wall St -

Who Are The Major Shareholders In Icon Energy Limited (ASX:ICN)?

View our latest analysis for Icon Energy ASX:ICN Ownership_summary May 16th 18 Insider Ownership Another important group of shareholders are company insiders. … Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market. … Private Company Ownership Another group of owners that a potential investor in ICN should consider are private companies, with a stake of 18.14%.

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How Should Investors React To Icon Energy Limited's (ASX:ICN) CEO Pay?

This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor. … In the situation of negative earnings, the company may be incurring a period of reinvestment and growth, or it can be a sign of some headwind. … Typically I would look at market cap and earnings as a proxy for performance, however, ICN's negative earnings reduces the usefulness of my formula.

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What Are The Drivers Of Icon Energy Limited's (ASX:ICN) Risks?

Generally, an investor should consider two types of risk that impact the market value of ICN. … Icon Energy has a beta of 1.01, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements.

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Want To Invest In Icon Energy Limited (ASX:ICN)? Here's How It Performed Lately

Investors with a long-term horizong may find it valuable to assess Icon Energy Limited's (ASX:ICN) earnings trend over time and against its industry benchmark as opposed to simply looking at a sincle earnings announcement at one point in time. … View our latest analysis for Icon Energy How Did ICN's Recent Performance Stack Up Against Its Past? … For Icon Energy, its latest trailing-twelve-month earnings is -AU$6.19M, which, relative to the prior year's figure, has become more negative.

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Why Icon Energy Limited (ASX:ICN) Is A Financially Healthy Company

Icon Energy Limited (ASX:ICN), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Check out our latest analysis for Icon Energy Is ICN right in choosing financial flexibility over lower cost of capital? … This is only a rough assessment of financial health, and I'm sure ICN has company-specific issues impacting its capital structure decisions.

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ICN Company Info

Description

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 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 based in Gold Coast, Australia.

Details
Name: Icon Energy Limited
ICN
Exchange: ASX
Founded: 1993
A$10,756,024
597,556,938
Website: http://www.iconenergy.com
Address: Icon Energy Limited
4 Miami Key,
Broadbeach Waters,
Gold Coast,
Queensland, 4218,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ICN Ordinary Shares Australian Securities Exchange AU AUD 23. Sep 1997
OTCPK ICNO.F Ordinary Shares Pink Sheets LLC US USD 23. Sep 1997
CHIA ICN Ordinary Shares Chi-X Australia AU AUD 23. Sep 1997
Number of employees
Current staff
Staff numbers
0
Icon Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 10:31
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2019/02/19
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.