ASX:KEY

Stock Analysis Report

Executive Summary

Key Petroleum Limited acquires and explores for petroleum permits in Australia.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Key Petroleum's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KEY's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-11.1%

KEY

-5.5%

AU Oil and Gas

-3.6%

AU Market


1 Year Return

-27.3%

KEY

-14.1%

AU Oil and Gas

10.9%

AU Market

Return vs Industry: KEY underperformed the Australian Oil and Gas industry which returned -14.1% over the past year.

Return vs Market: KEY underperformed the Australian Market which returned 10.9% over the past year.


Shareholder returns

KEYIndustryMarket
7 Day-11.1%-5.5%-3.6%
30 Day-42.9%-13.5%-3.7%
90 Day-38.5%-12.2%-0.2%
1 Year-27.3%-27.3%-10.8%-14.1%15.6%10.9%
3 Year-20.0%-20.0%9.0%-2.8%34.1%16.0%
5 Year-54.0%-55.6%-0.8%-17.5%44.9%12.6%

Price Volatility Vs. Market

How volatile is Key Petroleum's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Key Petroleum undervalued compared to its fair value and its price relative to the market?

1.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KEY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KEY's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KEY is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: KEY is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KEY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KEY is overvalued based on its PB Ratio (1.6x) compared to the AU Oil and Gas industry average (1.1x).


Next Steps

Future Growth

How is Key Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.8%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Key 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Key Petroleum performed over the past 5 years?

13.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KEY is currently unprofitable.

Growing Profit Margin: KEY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KEY is unprofitable, but has reduced losses over the past 5 years at a rate of 13.4% per year.

Accelerating Growth: Unable to compare KEY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KEY is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-0.7%).


Return on Equity

High ROE: KEY has a negative Return on Equity (-19.91%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Key Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: KEY's short term assets (A$2.0M) do not cover its short term liabilities (A$2.1M).

Long Term Liabilities: KEY's short term assets (A$2.0M) exceed its long term liabilities (A$430.0).


Debt to Equity History and Analysis

Debt Level: KEY is debt free.

Reducing Debt: KEY has not had any debt for past 5 years.


Balance Sheet

Inventory Level: KEY has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if KEY's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: KEY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: KEY has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.1% each year.


Next Steps

Dividend

What is Key Petroleum's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.5%industryaverage4.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate KEY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate KEY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KEY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KEY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KEY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.1yrs

Average board tenure


CEO

John Lloyd Marshall 0

8yrs

Tenure

AU$276,622

Compensation

Mr. John Lloyd Kane Marshall, BSc (Geology), BCom (Inv & Corp Fin), MPetEng, SPE, AAPG has been the Managing Director of Key Petroleum Ltd. since April 3, 2012 and has been its Chief Executive Officer sinc ...


CEO Compensation Analysis

Compensation vs Market: John Lloyd's total compensation ($USD182.65K) is about average for companies of similar size in the Australian market ($USD250.90K).

Compensation vs Earnings: John Lloyd's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
John Lloyd Marshall
CEO, MD & Director8yrsAU$276.62k0.70% A$48.1k
Rex Turkington
Non-Executive Chairman6.1yrsAU$60.00kno data
Dennis Wilkins
Non-Executive Director13.1yrsAU$32.00kno data
Min Yang
Non Executive Director6.1yrsno datano data
Geoffrey Baker
Non-Executive Director4.9yrsAU$32.00kno data

6.1yrs

Average Tenure

63.5yo

Average Age

Experienced Board: KEY's board of directors are considered experienced (6.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.3%.


Top Shareholders

Company Information

Key Petroleum Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Key Petroleum Limited
  • Ticker: KEY
  • Exchange: ASX
  • Founded: 2006
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$6.845m
  • Shares outstanding: 1.71b
  • Website: https://www.keypetroleum.com.au

Location

  • Key Petroleum Limited
  • Churchill Court
  • Suite 8
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KEYASX (Australian Securities Exchange)YesOrdinary SharesAUAUDApr 2007
KEYCHIA (Chi-X Australia)YesOrdinary SharesAUAUDApr 2007

Biography

Key Petroleum Limited acquires and explores for petroleum permits in Australia. It holds interests in exploration programs in the Cooper Eromanga and North Perth Basins in Australia. The company was incorporated in 2006 and is based in Subiaco, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 10:38
End of Day Share Price2020/02/26 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.