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Indago Energy

ASX:INK
Snowflake Description

Adequate balance sheet with weak fundamentals.

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

Indago Energy Limited engages in evaluating, exploring, and developing oil and gas prospects, and technologies in North America and internationally. The last earnings update was 20 days ago. More info.


Add to Portfolio Compare Print
  • Indago Energy has significant price volatility in the past 3 months.
INK Share Price and Events
7 Day Returns
11.1%
ASX:INK
0.2%
AU Oil and Gas
0.3%
AU Market
1 Year Returns
-37.5%
ASX:INK
3.4%
AU Oil and Gas
5.2%
AU Market
INK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Indago Energy (INK) 11.1% 35.1% -12.3% -37.5% 0% -79.2%
AU Oil and Gas 0.2% -3.5% 5.1% 3.4% 35% -32.6%
AU Market 0.3% 1% 7.2% 5.2% 19.2% 4.9%
1 Year Return vs Industry and Market
  • INK underperformed the Oil and Gas industry which returned 3.4% over the past year.
  • INK underperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
INK
Industry
5yr Volatility vs Market

Value

 Is Indago 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 Indago Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.05.
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 Indago Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Indago Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:INK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.02
ASX:INK Share Price ** ASX (2019-04-17) in AUD A$0.05
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.88x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.05x

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

** Primary Listing of Indago Energy.

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

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

= 0.05 ÷ -0.02

-2.39x

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

  • Indago Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Indago Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Indago Energy's expected growth come at a high price?
Raw Data
ASX:INK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.39x
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 0.25x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.36x

*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 Indago Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Indago Energy's assets?
Raw Data
ASX:INK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.03
ASX:INK Share Price * ASX (2019-04-17) in AUD A$0.05
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.69x
ASX:INK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.05 ÷ 0.03

1.55x

* Primary Listing of Indago Energy.

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

  • Indago Energy is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Indago 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. Indago Energy has a total score of 0/6, 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.

Future Performance

 How is Indago 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 Indago 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
4.6%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Indago Energy expected to grow at an attractive rate?
  • Unable to compare Indago Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Indago Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Indago Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:INK Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.6%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*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:INK 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:INK Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -3 -4
2018-09-30 0 -3 -3
2018-06-30 0 -3 -3
2018-03-31 0 -3 -3
2017-12-31 0 -2 -3
2017-09-30 0 -2 -3
2017-06-30 0 -2 -3
2017-03-31 0 -2 -2
2016-12-31 0 -2 -1
2016-06-30 0 -1 -2
2016-03-31 0 -1 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Indago Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Indago 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:INK 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 Indago Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:INK Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.01
2016-06-30 -0.03
2016-03-31 -0.03

*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 Indago Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Indago 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. Indago 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. Indago 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 Indago 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.
Indago 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.

Past Performance

  How has Indago 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 Indago 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.
  • Indago Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Indago Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Indago Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Indago 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 Indago Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:INK 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 0.05 -3.93 3.07
2018-09-30 0.20 -3.48 3.01
2018-06-30 0.37 -3.03 2.95
2018-03-31 0.35 -3.24 2.76
2017-12-31 0.30 -3.45 2.57
2017-09-30 0.17 -3.17 2.22
2017-06-30 0.04 -2.89 1.87
2017-03-31 0.04 -2.08 1.61
2016-12-31 0.05 -1.27 1.35
2016-06-30 0.02 -2.47 2.36
2016-03-31 0.03 -2.66 2.61
2015-12-31 0.03 -2.84 2.85
2015-06-30 -0.48 -2.30 2.14
2015-03-31 -0.22 -2.04 2.11
2014-12-31 0.03 -1.78 2.08
2014-09-30 0.93 -1.57 2.14
2014-06-30 1.01 -1.61 2.20
2014-03-31 1.14 -1.65 2.14
2013-12-31 1.26 -1.69 2.08
2013-09-30 1.64 -1.86 1.81
2013-06-30 2.01 -2.04 1.55
2013-03-31 2.39 -2.94 1.67
2012-12-31 2.76 -3.84 1.80
2012-09-30 3.11 -4.10 1.78
2012-06-30 3.46 -4.37 1.77

*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 Indago 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 Indago 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 Indago 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 Indago 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.
Indago 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.

Health

 How is Indago 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 Indago Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Indago Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Indago Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Indago 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.
  • Low level of unsold assets.
  • Indago 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 Indago Energy Company Filings, last reported 3 months ago.

ASX:INK Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 6.85 0.00 2.21
2018-09-30 6.85 0.00 2.21
2018-06-30 6.19 0.04 1.14
2018-03-31 6.19 0.04 1.14
2017-12-31 8.04 0.00 2.95
2017-09-30 8.04 0.00 2.95
2017-06-30 6.33 0.03 1.48
2017-03-31 6.33 0.03 1.48
2016-12-31 5.47 0.00 3.65
2016-06-30 5.89 0.03 4.90
2016-03-31 5.89 0.03 4.90
2015-12-31 6.49 0.00 2.85
2015-06-30 15.55 0.00 3.95
2015-03-31 15.55 0.00 3.95
2014-12-31 16.54 0.00 8.44
2014-09-30 16.54 0.00 8.44
2014-06-30 4.63 0.00 1.02
2014-03-31 4.63 0.00 1.02
2013-12-31 4.90 7.55 1.56
2013-09-30 4.90 7.55 1.56
2013-06-30 7.27 7.22 2.50
2013-03-31 7.27 7.22 2.50
2012-12-31 21.75 5.10 2.07
2012-09-30 21.75 5.10 2.07
2012-06-30 22.31 0.00 1.06
  • Indago Energy has no debt.
  • Indago Energy has no debt compared to 5 years ago when it was 152.6%.
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.

  • Indago Energy has less than a year of cash runway based on current free cash flow.
  • Indago Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -7.3% each year.
X
Financial health checks
We assess Indago 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. Indago Energy has a total score of 4/6, 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.

Dividends

 What is Indago 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 Indago Energy dividends.
If you bought A$2,000 of Indago 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 Indago Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Indago 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:INK 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 4.6%
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 2.6%
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 Indago Energy has not reported any payouts.
  • Unable to verify if Indago Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Indago Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Indago 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 Indago 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 Indago Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Indago 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.

Management

 What is the CEO of Indago 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.
  • Indago Energy has no CEO, or we have no data on them.
Management Team Tenure

Average tenure of the Indago Energy management team in years:

3.2
Average Tenure
  • The tenure for the Indago Energy management team is about average.
Management Team

Stephen Mitchell

TITLE
Executive Chairman
COMPENSATION
A$467K

Nick Castellano

TITLE
Executive Director
COMPENSATION
A$176K

Sandra Gaffney

TITLE
CFO & Group Financial Controller
COMPENSATION
A$168K
TENURE
9.3 yrs

John Zetzman

TITLE
Chief Operating Officer
TENURE
3.2 yrs

Julie Edwards

TITLE
Company Secretary
TENURE
2.8 yrs
Board of Directors Tenure

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

2.6
Average Tenure
  • The average tenure for the Indago Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Stephen Mitchell

TITLE
Executive Chairman
COMPENSATION
A$467K
TENURE
3.2 yrs

Nick Castellano

TITLE
Executive Director
COMPENSATION
A$176K
TENURE
2 yrs

Ray Shorrocks

TITLE
Independent Non-Executive Director
COMPENSATION
A$80K
AGE
60
TENURE
3.3 yrs

Jay Stewart

TITLE
Member of Advisory Board

Craig Sceroler

TITLE
Member of Advisory Board

Don Ellison

TITLE
Member of Advisory Board

Allan Ritchie

TITLE
Non-Executive Director
COMPENSATION
A$68K
AGE
52
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Indago Energy insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
06. Mar 19 Buy Stephen Mitchell Individual 01. Mar 19 06. Mar 19 972,500 A$0.04 A$38,437
02. Jan 19 Buy Stephen Mitchell Individual 24. Dec 18 24. Dec 18 177,500 A$0.04 A$7,375
20. Dec 18 Buy Stephen Mitchell Individual 14. Dec 18 20. Dec 18 549,987 A$0.05 A$25,299
29. Oct 18 Buy Stephen Mitchell Individual 24. Oct 18 24. Oct 18 100,000 A$0.06 A$5,589
X
Management checks
We assess Indago 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. Indago 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.

News

Simply Wall St News

Do Institutions Own Indago Energy Limited (ASX:INK) Shares?

Every investor in Indago Energy Limited (ASX:INK) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Indago Energy is a smaller company with a market capitalization of AU$11m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

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

If you're interested in Indago Energy Limited (ASX:INK), 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. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

How Indago Energy Limited (ASX:INK) Can Impact Your Portfolio Volatility

Broadly speaking, there are two types of risk you should consider when investing in stocks such as INK. … The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The second risk is market-wide, which arises from investing in the stock market.

Simply Wall St -

How Indago Energy Limited (ASX:INK) Can Impact Your Portfolio Volatility

Check out our latest analysis for Indago Energy An interpretation of INK's beta With a beta of 1.52, Indago Energy is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … With a market cap of AU$13.25M, INK falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies. … However, this is the opposite to what INK’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

Who Are The Major Shareholders Of Indago Energy Limited (ASX:INK)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: With a low level of institutional ownership, investors in INK need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Does Indago Energy Limited's (ASX:INK) Past Performance Indicate A Weaker Future?

Today I will take you through a basic sense check to gain perspective on how Indago Energy is doing by evaluating its latest earnings with its longer term trend as well as its industry peers' performance over the same period. … View our latest analysis for Indago Energy Did INK perform worse than its track record and industry? … For Indago Energy, its latest trailing-twelve-month earnings is -AU$2.89M, which compared to the previous year's figure, has become more negative.

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Oil & Gas Stocks: Is Now The Time To Buy Indago Energy Limited (ASX:INK)?

In this article, I’ll take you through the energy sector growth expectations, and also determine whether Indago Energy is a laggard or leader relative to its energy sector peers. … Check out our latest analysis for Indago Energy What’s the catalyst for Indago Energy's sector growth? … ASX:INK Past Future Earnings Feb 3rd 18 The oil price collapse triggered a wave of cost reduction among energy businesses as the sector as a whole faced negative growth over the past five years.

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What Kind Of Risk And Return Should You Expect For Indago Energy Limited (ASX:INK)?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … With a beta of 1.2, Indago Energy is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … How INK's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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Where Indago Energy Limited (ASX:INK) Stands In Terms Of Earnings Growth Against Its Industry

Today I will run you through a basic sense check to gain perspective on how Indago Energy is doing by comparing its latest earnings with its long-term trend as well as the performance of its oil, gas and consumable fuels industry peers. … Check out our latest analysis for Indago Energy How Did INK's Recent Performance Stack Up Against Its Past? … To account for any quarterly or half-yearly updates, I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data.

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Who Owns Most Of Indago Energy Limited (ASX:INK)?

In this analysis, my focus will be on developing a perspective on Indago Energy Limited’s (ASX:INK) latest ownership structure, a less discussed, but important factor. … See our latest analysis for INK ASX:INK Ownership Summary Nov 15th 17 Institutional Ownership In INK's case, institutional ownership stands at 10.22%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … INK's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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Company Info

Description

Indago Energy Limited engages in evaluating, exploring, and developing oil and gas prospects, and technologies in North America and internationally. The company offers clean oil technology that allows for the swift, clean, and treatment of heavy, asphaltenic, and paraffinic oils. As of December 31, 2017, it held interests in the Newkirk project that covered an area of 3,149 acres located in Kay and Noble Counties, Oklahoma; and the Kentucky project, which covered an area of 1,786 acres located in Butler and Warren Counties, Kentucky. It also has interests in the Utah Heavy Oil project covering an area of 3,459 acres located in the Uinta Basin in Utah. The company was formerly known as Pryme Energy Limited and changed its name to Indago Energy Limited in May 2016. Indago Energy Limited is based in Melbourne, Australia.

Details
Name: Indago Energy Limited
INK
Exchange: ASX
Founded:
A$10,577,897
211,557,945
Website: http://www.indagoenergy.com
Address: Indago Energy Limited
412 Collins Street,
Level 6,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX INK Ordinary Shares Australian Securities Exchange AU AUD 21. Apr 2006
OTCPK PYMO.F Ordinary Shares Pink Sheets LLC US USD 21. Apr 2006
CHIA INK Ordinary Shares Chi-X Australia AU AUD 21. Apr 2006
Number of employees
Current staff
Staff numbers
0
Indago Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 10:33
End of day share price update: 2019/04/17 00:00
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.