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Melbana Energy

ASX:MAY
Snowflake Description

Excellent balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MAY
ASX
A$26M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Melbana Energy Limited, an independent oil and gas company, operates a portfolio of exploration, appraisal, and development stage opportunities in Cuba, the Bonaparte Gulf region in Australia, and New Zealand. The last earnings update was 36 days ago. More info.


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  • Melbana Energy has significant price volatility in the past 3 months.
MAY Share Price and Events
7 Day Returns
0%
ASX:MAY
1.4%
AU Oil and Gas
0.7%
AU Market
1 Year Returns
16.7%
ASX:MAY
3.8%
AU Oil and Gas
4.7%
AU Market
MAY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Melbana Energy (MAY) 0% -12.5% 0% 16.7% -22.2% -50%
AU Oil and Gas 1.4% -1.6% 5.5% 3.8% 28.7% -32.5%
AU Market 0.7% 1.1% 6.5% 4.7% 17.5% 4.9%
1 Year Return vs Industry and Market
  • MAY outperformed the Oil and Gas industry which returned 3.8% over the past year.
  • MAY outperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
MAY
Industry
5yr Volatility vs Market

Value

 Is Melbana 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 Melbana Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.014.
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 Melbana Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Melbana Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:MAY 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:MAY Share Price ** ASX (2019-04-18) in AUD A$0.01
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 545 Publicly-Listed Companies 16.18x

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

** Primary Listing of Melbana Energy.

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

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

= 0.01 ÷ 0.00

-3.89x

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

  • Melbana Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Melbana Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Melbana Energy's expected growth come at a high price?
Raw Data
ASX:MAY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.89x
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 361 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 Melbana Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Melbana Energy's assets?
Raw Data
ASX:MAY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:MAY Share Price * ASX (2019-04-18) in AUD A$0.01
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 1.68x
ASX:MAY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.01 ÷ 0.00

2.85x

* Primary Listing of Melbana Energy.

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

  • Melbana Energy is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Melbana 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. Melbana 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 Melbana 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 Melbana 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 Melbana Energy expected to grow at an attractive rate?
  • Unable to compare Melbana Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Melbana Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Melbana Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:MAY 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:MAY 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:MAY Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -2 -6
2018-09-30 -2 -6
2018-06-30 -2 -6
2018-03-31 -2 -4
2017-12-31 -2 -3
2017-09-30 -1 -3
2017-06-30 -1 -2
2017-03-31 -1 -6
2016-12-31 -1 -10
2016-09-30 -1 -10
2016-06-30 -1 -10
2016-03-31 0 -3 -7

*GAAP earnings excluding extraordinary items.

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

ASX:MAY 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 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
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 Melbana Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

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

ASX:MAY 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 -6.18 3.87
2018-09-30 -6.14 3.43
2018-06-30 -6.10 2.98
2018-03-31 -4.50 2.65
2017-12-31 -2.90 2.33
2017-09-30 -2.51 2.20
2017-06-30 -2.12 2.07
2017-03-31 -6.13 1.85
2016-12-31 -10.14 1.63
2016-09-30 -10.27 1.80
2016-06-30 -10.41 1.98
2016-03-31 0.02 -7.27 2.41
2015-12-31 0.04 -4.13 2.84
2015-09-30 0.18 -7.09 3.78
2015-06-30 0.33 -10.04 4.71
2015-03-31 0.31 -16.73 5.56
2014-12-31 0.29 -23.42 6.40
2014-09-30 0.15 -79.66 6.45
2014-06-30 -135.91 6.50
2014-03-31 -132.30 6.44
2013-12-31 -128.68 6.39
2013-09-30 -97.95 7.04
2013-06-30 -67.21 7.70
2013-03-31 -64.61 8.57
2012-12-31 -62.01 9.45
2012-09-30 -33.85 9.17
2012-06-30 -5.70 8.89

*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 Melbana 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 Melbana 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 Melbana 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 Melbana 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.
Melbana 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 Melbana 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 Melbana Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Melbana Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Melbana Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Melbana 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.
  • Debt is covered by short term assets, assets are 2.5x debt.
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 Melbana Energy Company Filings, last reported 3 months ago.

ASX:MAY Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 9.21 3.53 8.03
2018-09-30 9.21 3.53 8.03
2018-06-30 6.70 3.10 3.05
2018-03-31 6.70 3.10 3.05
2017-12-31 10.84 0.00 3.50
2017-09-30 10.84 0.00 3.50
2017-06-30 5.78 0.00 2.61
2017-03-31 5.78 0.00 2.61
2016-12-31 6.76 0.00 4.42
2016-09-30 6.76 0.00 4.42
2016-06-30 5.60 0.00 4.14
2016-03-31 5.60 0.00 4.14
2015-12-31 15.38 0.00 4.05
2015-09-30 15.38 0.00 4.05
2015-06-30 16.72 0.00 5.79
2015-03-31 16.72 0.00 5.79
2014-12-31 19.38 0.00 10.14
2014-09-30 19.38 0.00 10.14
2014-06-30 26.73 0.00 15.99
2014-03-31 26.73 0.00 15.99
2013-12-31 40.42 0.00 15.74
2013-09-30 40.42 0.00 15.74
2013-06-30 159.81 0.00 16.60
2013-03-31 159.81 0.00 16.60
2012-12-31 167.27 0.00 42.38
2012-09-30 167.27 0.00 42.38
2012-06-30 205.62 0.00 55.33
  • Melbana Energy's level of debt (38.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 38.3% today).
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.

  • Melbana Energy has sufficient cash runway for 1.6 years based on current free cash flow.
  • Melbana Energy has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 9.8% each year.
X
Financial health checks
We assess Melbana 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. Melbana Energy has a total score of 5/6, 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 Melbana 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 Melbana Energy dividends.
If you bought A$2,000 of Melbana 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 Melbana Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Melbana 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:MAY 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 Melbana Energy has not reported any payouts.
  • Unable to verify if Melbana Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Melbana Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Melbana 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 Melbana 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 Melbana Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Melbana 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 Melbana 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
Robert Zammit
COMPENSATION A$330,677
TENURE AS CEO 1.3 years
CEO Bio

Mr. Robert Zammit, B. Ec , GAICD, serves as Chief Executive Officer of Melbana Energy Ltd. since January 12, 2018. He was an Executive Manager of Commercial & Business Development at Melbana Energy Limited (alternate name MEO Australia Limited) until January 12, 2018. Mr. Zammit has over 25 years international experience in the oil and gas industry. Over his career with ExxonMobil, Mr. Zammit has worked in a variety of commercial and business development roles in Australia, Europe, Asia and the USA. Over the last decade Mr. Zammit has had key roles leading commercial teams negotiating complex multi-billion dollar international transactions in challenging geo-political environments, including acting as Gorgon Project lead negotiator for the first ever long term sale of Australian LNG to a consortium of Indian buyers. He has also undertaken a number of niche business development activities in the Asian region, including Japan, Vietnam and Indonesia. He served as an Executive Manager of Business Development of MEO Australia Limited since December 01, 2011. He served as LNG Supply & Infrastructure Manager for Americas, where his responsibilities included closing the suite of commercial agreements for divertible supply from Middle East interests.

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

Average tenure of the Melbana Energy management team in years:

1.3
Average Tenure
  • The average tenure for the Melbana Energy management team is less than 2 years, this suggests a new team.
Management Team

Robert Zammit

TITLE
Chief Executive Officer
COMPENSATION
A$331K
TENURE
1.3 yrs

Melanie Leydin

TITLE
CFO & Company Secretary
AGE
45
TENURE
0.8 yrs

Errol Johnstone

TITLE
Chief Geoscientist
TENURE
8.5 yrs

Ken Hendrick

TITLE
Implementation Manager
COMPENSATION
A$130K
Board of Directors Tenure

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

3.4
Average Tenure
  • The tenure for the Melbana Energy board of directors is about average.
Board of Directors

Andrew Purcell

TITLE
Chairman
COMPENSATION
A$100K
AGE
53
TENURE
3.4 yrs

Mike Sandy

TITLE
Independent Non-Executive Director
COMPENSATION
A$75K
AGE
65
TENURE
3.8 yrs

Peter Stickland

TITLE
Non-Executive Director
COMPENSATION
A$531K
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
26. Oct 18 Buy Michael Sandy Individual 23. Oct 18 23. Oct 18 1,058,887 A$0.02 A$18,000
26. Oct 18 Buy Andrew Purcell Individual 22. Oct 18 26. Oct 18 3,007,147 A$0.02 A$45,407
X
Management checks
We assess Melbana 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. Melbana 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

Can You Imagine How Melbana Energy's Shareholders Feel About The 89% Share Price Increase?

View our latest analysis for Melbana Energy. … With zero revenue generated over twelve months, we Melbana Energy has proved its business plan yet. … We'd posit some have faith that Melbana Energy will discover or develop new oil or gas reserves before too long.

Simply Wall St -

How Does Melbana Energy Limited's (ASX:MAY) Earnings Growth Stack Up Against Industry Performance?

Investors with a long-term horizong may find it valuable to assess Melbana Energy Limited's (ASX:MAY) earnings trend over time and against its industry benchmark as opposed to simply looking at a sincle earnings announcement at one point in time. … Below is my commentary, albiet very simple and high-level, on how Melbana Energy is currently performing. … MAY is loss-making, with the most recent trailing twelve-month earnings of -AU$2.90m (from 31 December 2017), which compared to last year has become

Simply Wall St -

Did Melbana Energy Limited's (ASX:MAY) Recent Earnings Growth Beat The Trend?

Understanding how Melbana Energy Limited (ASX:MAY) is performing as a company requires looking at more than just a years' earnings. … Today I will run you through a basic sense check to gain perspective on how Melbana Energy is doing by comparing its latest earnings with its long-term trend as well as the performance of its oil and gas industry peers. … View our latest analysis for Melbana Energy How Did MAY's Recent Performance Stack Up Against Its Past?

Simply Wall St -

How Should Investors Feel About Melbana Energy Limited's (ASX:MAY) CEO Pay?

Check out our latest analysis for Melbana Energy What has MAY's performance been like? … Therefore I will use earnings as a proxy of Zammit's performance in the past year. … Normally I would look at market cap and earnings as a proxy for performance, however, MAY's negative earnings lower the effectiveness of this method.

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What Does Melbana Energy Limited's (ASX:MAY) Ownership Structure Look Like?

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in MAY should also look at another important group of investors: private companies, with a stake of 0.067%, who are primarily invested because of strategic and capital gain interests. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: Institutional ownership in MAY is not at a level that would concern investors.

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Should You Be Concerned About Melbana Energy Limited's (ASX:MAY) Risks?

With a market cap of AU$19.99M, MAY falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies. … As a result, we should expect higher beta for small-cap stocks in a cyclical industry compared to larger stocks in a defensive industry. … 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 Melbana Energy Limited (ASX:MAY) Stands In Terms Of Earnings Growth Against Its Industry

Check out our latest analysis for Melbana Energy Did MAY beat its long-term earnings growth trend and its industry? … For Melbana Energy, its most recent bottom-line (trailing twelve month) is -A$2.1M, which, against the prior year's figure, has become less negative. … Given that these figures are somewhat short-term, I’ve created an annualized five-year figure for Melbana Energy's earnings, which stands at -A$34.4M.

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

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Melbana Energy has a beta of 2.15, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … How MAY'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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Company Info

Description

Melbana Energy Limited, an independent oil and gas company, operates a portfolio of exploration, appraisal, and development stage opportunities in Cuba, the Bonaparte Gulf region in Australia, and New Zealand. It holds 100% interests in the Tassie Shoal methanol project and Tassie Shoal LNG project located in Australia; and owns 100% interests in the Cuba Block 9 PSC that covers an area of 2,380 square kilometers. The company was formerly known as MEO Australia Limited and changed its name to Melbana Energy Limited in November 2016. Melbana Energy Limited was incorporated in 1994 and is based in Melbourne, Australia.

Details
Name: Melbana Energy Limited
MAY
Exchange: ASX
Founded: 1994
A$26,257,082
1,875,505,915
Website: http://www.melbana.com
Address: Melbana Energy Limited
350 Collins Street,
Level 3,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX MAY Ordinary Shares Australian Securities Exchange AU AUD 27. Mar 1998
OTCPK MEOA.F Ordinary Shares Pink Sheets LLC US USD 27. Mar 1998
DB MU9A Ordinary Shares Deutsche Boerse AG DE EUR 27. Mar 1998
CHIA MAY Ordinary Shares Chi-X Australia AU AUD 27. Mar 1998
Number of employees
Current staff
Staff numbers
7
Melbana Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 10:32
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.