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IPB Petroleum

ASX:IPB
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IPB
ASX
A$9M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

IPB Petroleum Limited engages in the exploration of oil and gas properties in Australia. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • IPB Petroleum has significant price volatility in the past 3 months.
IPB Share Price and Events
7 Day Returns
-4.3%
ASX:IPB
0.8%
AU Oil and Gas
-0%
AU Market
1 Year Returns
340%
ASX:IPB
3.8%
AU Oil and Gas
4.9%
AU Market
IPB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
IPB Petroleum (IPB) -4.3% 12.8% 76% 340% 300% -84.3%
AU Oil and Gas 0.8% -1.5% 5.1% 3.8% 30.5% -32%
AU Market -0% 1% 6.3% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • IPB outperformed the Oil and Gas industry which returned 3.8% over the past year.
  • IPB outperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
IPB
Industry
5yr Volatility vs Market

IPB Value

 Is IPB Petroleum 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 IPB Petroleum. This is due to cash flow or dividend data being unavailable. The share price is A$0.044.
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 IPB Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are IPB Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:IPB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:IPB Share Price ** ASX (2019-04-18) in AUD A$0.04
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

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

** Primary Listing of IPB Petroleum.

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

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

= 0.04 ÷ 0.00

-16.6x

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

  • IPB Petroleum is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • IPB Petroleum is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does IPB Petroleum's expected growth come at a high price?
Raw Data
ASX:IPB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -16.6x
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 360 Publicly-Listed Companies 1.35x

*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 IPB Petroleum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on IPB Petroleum's assets?
Raw Data
ASX:IPB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.02
ASX:IPB Share Price * ASX (2019-04-18) in AUD A$0.04
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:IPB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.04 ÷ 0.02

2.6x

* Primary Listing of IPB Petroleum.

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

  • IPB Petroleum is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess IPB Petroleum'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. IPB Petroleum 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.

IPB Future Performance

 How is IPB Petroleum 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 IPB Petroleum 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 IPB Petroleum expected to grow at an attractive rate?
  • Unable to compare IPB Petroleum's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare IPB Petroleum's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare IPB Petroleum's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:IPB 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 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

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

*GAAP earnings excluding extraordinary items.

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

ASX:IPB Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.01
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
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 IPB Petroleum will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine IPB Petroleum'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. IPB Petroleum'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. IPB Petroleum'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 IPB Petroleum'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.
IPB Petroleum 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.

IPB Past Performance

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

ASX:IPB 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 -0.53 0.39
2018-09-30 -0.50 0.36
2018-06-30 -0.47 0.33
2018-03-31 -1.48 0.38
2017-12-31 -2.50 0.43
2017-09-30 -2.50 0.42
2017-06-30 -2.50 0.41
2017-03-31 0.00 -1.49 0.41
2016-12-31 0.00 -0.49 0.40
2016-09-30 0.00 -0.48 0.43
2016-06-30 0.00 -0.48 0.45
2016-03-31 0.00 -0.56 0.53
2015-12-31 0.00 -0.63 0.61
2015-09-30 0.00 -2.45 0.84
2015-06-30 0.00 -4.26 1.07
2015-03-31 0.00 -4.54 1.30
2014-12-31 -4.81 1.53
2014-09-30 -3.15 1.42
2014-06-30 -1.49 1.31
2014-03-31 -1.61 1.32
2013-12-31 -1.72 1.34
2013-09-30 -1.77 1.47
2013-06-30 -1.81 1.61
2013-03-31 -1.66 1.64
2012-12-31 -1.51 1.68
2012-09-30 -1.60 1.64
2012-06-30 -1.68 1.59

*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 IPB Petroleum has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if IPB Petroleum 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 IPB Petroleum 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 IPB Petroleum'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.
IPB Petroleum 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.

IPB Health

 How is IPB Petroleum'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 IPB Petroleum's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • IPB Petroleum is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • IPB Petroleum has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of IPB Petroleum'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.
  • IPB Petroleum 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 IPB Petroleum Company Filings, last reported 3 months ago.

ASX:IPB Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3.40 0.00 0.65
2018-09-30 3.40 0.00 0.65
2018-06-30 2.89 0.00 0.34
2018-03-31 2.89 0.00 0.34
2017-12-31 3.14 0.00 0.69
2017-09-30 3.14 0.00 0.69
2017-06-30 3.10 0.00 0.68
2017-03-31 3.10 0.00 0.68
2016-12-31 4.96 0.00 0.56
2016-09-30 4.96 0.00 0.56
2016-06-30 5.16 0.00 0.77
2016-03-31 5.16 0.00 0.77
2015-12-31 5.42 0.00 1.03
2015-09-30 5.42 0.00 1.03
2015-06-30 5.64 0.00 1.73
2015-03-31 5.64 0.00 1.73
2014-12-31 6.04 0.00 2.48
2014-09-30 6.04 0.00 2.48
2014-06-30 8.77 0.00 2.73
2014-03-31 8.77 0.00 2.73
2013-12-31 9.71 0.00 4.15
2013-09-30 9.71 0.00 4.15
2013-06-30 7.44 0.00 2.60
2013-03-31 7.44 0.00 2.60
2012-12-31 5.29 0.00 1.18
2012-09-30 5.29 0.00 1.18
2012-06-30 6.49 0.00 2.42
  • IPB Petroleum has no debt.
  • IPB Petroleum has not taken on any debt in the past 5 years.
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.

  • IPB Petroleum has less than a year of cash runway based on current free cash flow.
  • IPB Petroleum has less than a year of cash runway if free cash flow continues to reduce at historical rates of -24.5% each year.
X
Financial health checks
We assess IPB Petroleum'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. IPB Petroleum 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.

IPB Dividends

 What is IPB Petroleum'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 IPB Petroleum dividends.
If you bought A$2,000 of IPB Petroleum 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 IPB Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate IPB Petroleum'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:IPB 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 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

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 IPB Petroleum has not reported any payouts.
  • Unable to verify if IPB Petroleum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of IPB Petroleum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as IPB Petroleum 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 IPB Petroleum'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 IPB Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. IPB Petroleum 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.

IPB Management

 What is the CEO of IPB Petroleum'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
Brendan Brown
COMPENSATION A$215,311
TENURE AS CEO 8.5 years
CEO Bio

Mr. Brendan Brown, BSc, BE (Hons), MBA (Melb), F.Fin has been Managing Director of IPB Petroleum Limited since October 1, 2010. Mr. Brown founded IPB Petroleum Limited in May 2009 and has over 20 years' experience in the oil and gas and finance industries. Having commenced his career as an engineer with BHP Petroleum Limited (now BHP Billiton Limited), he has been involved in various projects and operations including the Jabiru, Challis, Skua and Griffin oil field developments. He is a successful analyst and corporate adviser with ANZ Investment Bank. Mr. Brown served as Corporate Finance & Business Development Manager of Nexus Energy Limited from October 2006 to March 31, 2008. He assisted Nexus Energy Limited as an independent advisor with its hostile takeover Defense in 2006. He was responsible for substantial financing, both equity and structured debt, secured by Nexus Energy and the negotiation and maintenance of its key commercial agreements and relationships. He has been a Director of IPB Petroleum Limited since May 28, 2009.

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

Average tenure of the IPB Petroleum management team in years:

8.5
Average Tenure
  • The average tenure for the IPB Petroleum management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Brendan Brown

TITLE
MD & Director
COMPENSATION
A$215K
TENURE
8.5 yrs

Phil Smith

TITLE
Technical Director & Director
COMPENSATION
A$56K
TENURE
8.5 yrs

Martin Warwick

TITLE
Company Secretary
AGE
55
TENURE
4.3 yrs
Board of Directors Tenure

Average tenure of the IPB Petroleum board of directors in years:

6.2
Average Tenure
  • The tenure for the IPB Petroleum board of directors is about average.
Board of Directors

Bruce McKay

TITLE
Non-Executive Chairman
COMPENSATION
A$21K
AGE
69
TENURE
4.9 yrs

Brendan Brown

TITLE
MD & Director
COMPENSATION
A$215K
TENURE
9.9 yrs

Phil Smith

TITLE
Technical Director & Director
COMPENSATION
A$56K
TENURE
8.5 yrs

Brod Wray

TITLE
Independent Non-Executive Director
COMPENSATION
A$14K
TENURE
4.9 yrs

Geoff King

TITLE
Independent Non-Executive Director
COMPENSATION
A$13K
AGE
70
TENURE
6.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
11. Jun 18 Buy Bruce McKay Individual 07. Jun 18 07. Jun 18 500,000 A$0.02 A$8,999
27. May 18 Buy Geoffrey King Individual 23. May 18 23. May 18 100,000 A$0.02 A$2,000
21. May 18 Buy Brodrick Wray Individual 15. May 18 15. May 18 1,000,000 A$0.01 A$14,000
21. May 18 Buy Philip Smith Individual 21. May 18 21. May 18 2,000,000 A$0.02 A$38,001
21. May 18 Buy Long Term Super Pty Ltd Company 21. May 18 21. May 18 3,534,267 A$0.02 A$56,518
X
Management checks
We assess IPB Petroleum'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. IPB Petroleum 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.

IPB News

Simply Wall St News

Does Market Volatility Impact IPB Petroleum Limited's (ASX:IPB) Share Price?

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). … 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 -

Could IPB Petroleum Limited's (ASX:IPB) Investor Composition Influence The Stock Price?

The big shareholder groups in IPB Petroleum Limited (ASX:IPB) have power over the company. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … With a market capitalization of AU$4.6m, IPB Petroleum is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Before You Buy IPB Petroleum Limited (ASX:IPB), Consider Its Volatility

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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Could The IPB Petroleum Limited (ASX:IPB) Ownership Structure Tell Us Something Useful?

A look at the shareholders of IPB Petroleum Limited (ASX:IPB) can tell us which group is most powerful. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'.

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Does IPB Petroleum Limited (ASX:IPB) Go Up With The Market?

If you are a shareholder in IPB Petroleum Limited’s (ASX:IPB), 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 IPB. … The second risk is market-wide, which arises from investing in the stock market.

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Who Are The Largest Shareholders In IPB Petroleum Limited (ASX:IPB)?

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. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: Institutional ownership level and composition in IPB is not high nor active enough to significantly impact its investment thesis.

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Is IPB Petroleum Limited (ASX:IPB) Overpaying Its CEO?

See our latest analysis for IPB Petroleum What has been the trend in IPB's earnings? … Earnings is a powerful indication of IPB's ability to invest shareholders' funds and generate returns. … Typically I would use earnings and market cap to account for variations in performance, however, IPB's negative earnings lower the effectiveness of this method.

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What Are The Drivers Of IPB Petroleum Limited's (ASX:IPB) Risks?

The most widely used metric to quantify a stock's market risk is beta, and the market as a whole represents a beta of one. … A market capitalisation of AU$1.76M puts IPB in the category of small-cap stocks, which tends to possess higher beta than larger companies. … Similarly, IPB’s beta value conveys the same message.

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One Thing To Consider Before Buying IPB Petroleum Limited (ASX:IPB)

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … IPB Petroleum has a beta of 2.66, 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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IPB Petroleum Limited (ASX:IPB): Financial Strength Analysis

Zero-debt allows substantial financial flexibility, especially for small-cap companies like IPB Petroleum Limited (ASX:IPB), as the company does not have to adhere to strict debt covenants. … View our latest analysis for IPB Petroleum Does IPB's growth rate justify its decision for financial flexibility over lower cost of capital? … Debt capital generally has lower cost of capital compared to equity funding.

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IPB Company Info

Description

IPB Petroleum Limited engages in the exploration of oil and gas properties in Australia. The company holds 100% interests in three petroleum exploration permits comprising WA-424-P, WA-471-P, and WA-485-P located in the Browse basin, Western Australia. IPB Petroleum Limited was founded in 2009 and is based in Brighton, Australia.

Details
Name: IPB Petroleum Limited
IPB
Exchange: ASX
Founded: 2009
A$8,814,751
200,335,252
Website: http://www.ipbpet.com.au
Address: IPB Petroleum Limited
181 Bay Street,
Level 1,
Brighton,
Victoria, 3186,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX IPB Ordinary Shares Australian Securities Exchange AU AUD 30. Apr 2013
CHIA IPB Ordinary Shares Chi-X Australia AU AUD 30. Apr 2013
Number of employees
Current staff
Staff numbers
0
IPB Petroleum employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 10:34
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/14
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.