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Marenica Energy

ASX:MEY
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MEY
ASX
A$8M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Marenica Energy Limited engages in the exploration and evaluation of uranium deposits in Namibia. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
  • Marenica Energy has significant price volatility in the past 3 months.
MEY Share Price and Events
7 Day Returns
-4.5%
ASX:MEY
3.4%
AU Oil and Gas
0.5%
AU Market
1 Year Returns
5%
ASX:MEY
5.7%
AU Oil and Gas
4.9%
AU Market
MEY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Marenica Energy (MEY) -4.5% 0% 26.5% 5% -16% -65%
AU Oil and Gas 3.4% 0.7% 9.8% 5.7% 34.8% -30.3%
AU Market 0.5% 1.9% 8% 4.9% 19.5% 6.3%
1 Year Return vs Industry and Market
Price Volatility
MEY
Industry
5yr Volatility vs Market

MEY Value

 Is Marenica 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 Marenica Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.105.
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 Marenica Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Marenica Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:MEY 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:MEY Share Price ** ASX (2019-04-18) in AUD A$0.11
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 8.09x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.19x

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

** Primary Listing of Marenica Energy.

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

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

= 0.11 ÷ -0.02

-4.79x

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

  • Marenica Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Marenica Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Marenica Energy's expected growth come at a high price?
Raw Data
ASX:MEY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.79x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Marenica Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Marenica Energy's assets?
Raw Data
ASX:MEY 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:MEY Share Price * ASX (2019-04-18) in AUD A$0.11
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.3x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.68x
ASX:MEY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.11 ÷ 0.02

5.87x

* Primary Listing of Marenica Energy.

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

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

MEY Future Performance

 How is Marenica 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 Marenica 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 Marenica Energy expected to grow at an attractive rate?
  • Unable to compare Marenica Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Marenica Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Marenica Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:MEY Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
ASX:MEY 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:MEY Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -1
2018-09-30 0 -1 -1
2018-06-30 0 -1 -1
2018-03-31 0 -1 -1
2017-12-31 0 -1 -1
2017-09-30 0 -1 -2
2017-06-30 0 -2 -2
2017-03-31 0 -1 -2
2016-12-31 0 -1 -2
2016-09-30 0 -1 -2
2016-06-30 -1 -1
2016-03-31 -1 -1

*GAAP earnings excluding extraordinary items.

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

ASX:MEY Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.04
2017-09-30 -0.05
2017-06-30 -0.06
2017-03-31 -0.06
2016-12-31 -0.07
2016-09-30 -0.08
2016-06-30 -0.08
2016-03-31 -0.08

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

Next steps:

  1. Examine Marenica 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. Marenica 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. Marenica 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 Marenica 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.
Marenica 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.

MEY Past Performance

  How has Marenica 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 Marenica 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.
  • Marenica 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 Marenica Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Marenica Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Marenica 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 Marenica Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:MEY 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 0.00 -1.27 1.10
2018-09-30 0.02 -1.26 1.09
2018-06-30 0.05 -1.25 1.09
2018-03-31 0.06 -1.36 1.14
2017-12-31 0.06 -1.47 1.20
2017-09-30 0.05 -1.58 1.17
2017-06-30 0.03 -1.69 1.15
2017-03-31 0.02 -1.69 1.21
2016-12-31 0.02 -1.69 1.27
2016-09-30 0.01 -1.58 1.29
2016-06-30 -1.46 1.31
2016-03-31 -1.34 1.14
2015-12-31 -1.22 0.96
2015-09-30 -1.23 1.05
2015-06-30 -1.23 1.14
2015-03-31 -1.45 1.55
2014-12-31 -1.68 1.96
2014-09-30 -1.56 1.86
2014-06-30 -1.44 1.75
2014-03-31 -1.52 2.15
2013-12-31 -1.60 2.54
2013-09-30 -2.16 2.60
2013-06-30 -2.72 2.67
2013-03-31 -2.86 2.38
2012-12-31 -2.99 2.09
2012-09-30 -3.26 2.69
2012-06-30 -3.54 3.29

*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 Marenica 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 Marenica 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 Marenica 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 Marenica 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.
Marenica 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.

MEY Health

 How is Marenica 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 Marenica Energy's finances.

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

ASX:MEY Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1.15 0.00 1.43
2018-09-30 1.15 0.00 1.43
2018-06-30 -1.21 1.71 0.85
2018-03-31 -1.21 1.71 0.85
2017-12-31 -1.52 1.61 0.34
2017-09-30 -1.52 1.61 0.34
2017-06-30 -1.50 1.65 0.47
2017-03-31 -1.50 1.65 0.47
2016-12-31 -1.98 1.98 0.44
2016-09-30 -1.98 1.98 0.44
2016-06-30 -1.99 1.88 0.56
2016-03-31 -1.99 1.88 0.56
2015-12-31 -2.22 1.85 0.20
2015-09-30 -2.22 1.85 0.20
2015-06-30 -1.81 1.73 0.34
2015-03-31 -1.81 1.73 0.34
2014-12-31 -1.62 1.60 0.32
2014-09-30 -1.62 1.60 0.32
2014-06-30 -1.88 1.65 0.11
2014-03-31 -1.88 1.65 0.11
2013-12-31 -0.91 1.54 0.71
2013-09-30 -0.91 1.54 0.71
2013-06-30 -1.64 2.07 0.42
2013-03-31 -1.64 2.07 0.42
2012-12-31 -0.42 1.93 1.63
2012-09-30 -0.42 1.93 1.63
2012-06-30 1.09 2.01 3.00
  • Marenica Energy has no debt.
  • Marenica Energy currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Marenica Energy has sufficient cash runway for 1.5 years based on current free cash flow.
  • Marenica Energy has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 14.9% each year.
X
Financial health checks
We assess Marenica 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. Marenica Energy has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

MEY Dividends

 What is Marenica 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 Marenica Energy dividends.
If you bought A$2,000 of Marenica 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 Marenica Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Marenica 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:MEY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

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

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

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

MEY Management

 What is the CEO of Marenica 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
Murray Hill
COMPENSATION A$287,100
TENURE AS CEO 6.9 years
CEO Bio

Mr. Murray Philip Hill, B.Sc. (Metallurgy), FAusIMM has been Managing Director of Marenica Energy Ltd since May 1, 2016 and has been its Chief Executive Officer since May 1, 2012. He has been a Director at Marenica Energy Limited since May 2, 2016. Mr. Hill has 30 years of experience in the mining industry. He is a very well respected metallurgist with extensive operating and process plant commissioning experience. He has also managed a metallurgical test work laboratory, has been a Senior Process Engineer in a Perth based engineering group and is well experienced in uranium metallurgy. For the past 11 years, Mr. Hill operated his own business providing metallurgical consulting services to the mining industry world-wide. He is a member of the Australian Institute of Mining and Metallurgy. Mr. Hill holds a Bachelor of Applied Science in Extractive Metallurgy (Mineral Science) from Murdoch University.

CEO Compensation
  • Murray's compensation has been consistent with company performance over the past year.
  • Murray's remuneration is about average for companies of similar size in Australia.
Management Team

Murray Hill

TITLE
MD, CEO & Director
COMPENSATION
A$287K
TENURE
6.9 yrs

Shane McBride

TITLE
CFO & Company Secretary
COMPENSATION
A$165K
TENURE
1.9 yrs
Board of Directors Tenure

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

2.9
Average Tenure
  • The average tenure for the Marenica Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Andrew Bantock

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$25K
AGE
51
TENURE
1.2 yrs

Murray Hill

TITLE
MD, CEO & Director
COMPENSATION
A$287K
TENURE
2.9 yrs

Nelson Chen

TITLE
Non-Executive Director
COMPENSATION
A$45K
AGE
49
TENURE
7.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
11. Jan 19 Buy Sichuan Hanlong (Group) Co., Ltd. Company 21. Dec 18 21. Dec 18 11,635,072 A$0.09 A$1,088,966
28. Nov 18 Buy Stephen Retzos Individual 14. May 18 13. Nov 18 150,000 A$0.11 A$16,088
28. Nov 18 Buy Melissa Martin Individual 16. Apr 18 18. May 18 100,000 A$0.10 A$9,934
28. Nov 18 Buy Jaclyn Stojanovski Individual 16. Apr 18 18. May 18 100,000 A$0.10 A$9,934
28. Nov 18 Buy Chris Retzos Individual 14. May 18 14. May 18 448,497 A$0.10 A$44,849
01. Oct 18 Buy Murray Hill Individual 27. Sep 18 27. Sep 18 75,711 A$0.09 A$6,806
X
Management checks
We assess Marenica 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. Marenica 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.

MEY News

Simply Wall St News

Imagine Owning Marenica Energy (ASX:MEY) While The Price Tanked 58%

With zero revenue generated over twelve months, we don't think that Marenica Energy has proved its business plan yet. … It seems likely some shareholders believe that Marenica Energy will discover or develop fossil fuel before too long. … When it last reported its balance sheet in December 2018, Marenica Energy had net cash of AU$1.1m.

Simply Wall St -

Is Marenica Energy Limited's (ASX:MEY) CEO Overpaid Relative To Its Peers?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Murray Hill's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Marenica Energy Limited has a market cap of AU$7.3m, and is paying total annual CEO compensation of AU$287k.

Simply Wall St -

Have Insiders Been Buying Marenica Energy Limited (ASX:MEY) Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So before you buy or sell Marenica Energy Limited (ASX:MEY), you may well want to know whether insiders have been buying or selling. … The Last 12 Months Of Insider Transactions At Marenica Energy.

Simply Wall St -

Should You Be Concerned About Marenica Energy Limited's (ASX:MEY) Shareholders?

In this article, I'm going to take a look at Marenica Energy Limited’s (ASX:MEY) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … View our latest analysis for Marenica Energy

Simply Wall St -

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

Normally I'd use market cap and profit as factors determining performance, however, MEY's negative earnings lower the usefulness of my formula. … the board of directors) how they think about the CEO's incentive alignment with shareholders and how they balance this with retention and reward. … Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.

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Who Owns Marenica Energy Limited (ASX:MEY)?

Insider Ownership Another important group of shareholders are company insiders. … 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: Institutional ownership in MEY is not at a level that would concern investors.

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Does Marenica Energy Limited (ASX:MEY) Go Up With The Market?

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets. … However, this is the opposite to what MEY’s actual beta value suggests, which is higher stock volatility relative to the market.

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Should You Be Content With Marenica Energy Limited's (ASX:MEY) Earnings Growth?

Measuring Marenica Energy Limited's (ASX:MEY) track record of past performance is a valuable exercise for investors. … For Marenica Energy, its most recent earnings (trailing twelve month) is -AU$1.47M, which, against the prior year's figure, has become less negative. … Each year, for the past five years Marenica Energy's top-line more than doubled on average, implying that the business is in a high-growth phase with expenses shooting ahead of revenues, leading to annual losses.

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February Insights Into Oil & Gas Stocks: Marenica Energy Limited (ASX:MEY)

In this article, I’ll take you through the energy sector growth expectations, and also determine whether Marenica Energy is a laggard or leader relative to its energy sector peers. … See our latest analysis for Marenica Energy What’s the catalyst for Marenica Energy's sector growth? … Although it delivered lower growth relative to its energy peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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Who Are The Largest Shareholders In Marenica Energy Limited (ASX:MEY)?

Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … 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. … 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.What this means for you: With a low level of institutional ownership, investors in MEY need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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MEY Company Info

Description

Marenica Energy Limited engages in the exploration and evaluation of uranium deposits in Namibia. It holds 75% interest in the Marenica uranium project covering an area of 527 square kilometers located in Namibia. The company was formerly known as West Australian Metals Ltd and changed its name to Marenica Energy Limited in November 2009. Marenica Energy Limited was incorporated in 1978 and is based in West Perth, Australia.

Details
Name: Marenica Energy Limited
MEY
Exchange: ASX
Founded: 1978
A$7,687,290
73,212,293
Website: http://www.marenicaenergy.com.au
Address: Marenica Energy Limited
Office C1,
Ground Floor,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX MEY Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
OTCPK MARX.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB WTT Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
BST WTT Ordinary Shares Boerse-Stuttgart DE EUR 02. Jan 1992
NMSE MEY Ordinary Shares Namibian Stock Exchange NA ZAR 02. Jan 1992
CHIA MEY Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
Marenica Energy employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 10:31
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/13
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.