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Norwest Energy ASX:NWE Stock Report

Last Price

AU$0.056

Market Cap

AU$389.2m

7D

9.8%

1Y

69.7%

Updated

11 May, 2023

Data

Company Financials +

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

My Notes

Capture your thoughts, links and company narrative

Norwest Energy NL Competitors

Price History & Performance

Summary of share price highs, lows and changes for Norwest Energy
Historical stock prices
Current Share PriceAU$0.056
52 Week HighAU$0.073
52 Week LowAU$0.033
Beta0.35
1 Month Change-6.67%
3 Month Change-17.65%
1 Year Change69.70%
3 Year Change1,766.67%
5 Year Change1,766.67%
Change since IPO-55.20%

Recent News & Updates

We're Interested To See How Norwest Energy (ASX:NWE) Uses Its Cash Hoard To Grow

Apr 20
We're Interested To See How Norwest Energy (ASX:NWE) Uses Its Cash Hoard To Grow

Recent updates

We're Interested To See How Norwest Energy (ASX:NWE) Uses Its Cash Hoard To Grow

Apr 20
We're Interested To See How Norwest Energy (ASX:NWE) Uses Its Cash Hoard To Grow

We're Not Very Worried About Norwest Energy's (ASX:NWE) Cash Burn Rate

Oct 04
We're Not Very Worried About Norwest Energy's (ASX:NWE) Cash Burn Rate

Here's Why We're Not Too Worried About Norwest Energy's (ASX:NWE) Cash Burn Situation

Nov 16
Here's Why We're Not Too Worried About Norwest Energy's (ASX:NWE) Cash Burn Situation

We Think Norwest Energy (ASX:NWE) Can Easily Afford To Drive Business Growth

Jul 15
We Think Norwest Energy (ASX:NWE) Can Easily Afford To Drive Business Growth

Shareholder Returns

NWEAU Oil and GasAU Market
7D9.8%1.9%-1.0%
1Y69.7%-26.0%7.5%

Return vs Industry: NWE exceeded the Australian Oil and Gas industry which returned 8.2% over the past year.

Return vs Market: NWE exceeded the Australian Market which returned 1.2% over the past year.

Price Volatility

Is NWE's price volatile compared to industry and market?
NWE volatility
NWE Average Weekly Movement9.0%
Oil and Gas Industry Average Movement9.9%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.1%

Stable Share Price: NWE has not had significant price volatility in the past 3 months.

Volatility Over Time: NWE's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/an/anorwestenergy.com.au

Norwest Energy NL is involved in the exploration of hydrocarbon resources in Australia. The company owns 20% interest in EP368 permit; 22.22% interest in EP426 permit; and 25% working interest in TP/15 permit located in Australia. Norwest Energy NL was incorporated in 1997 and is headquartered in West Perth, Australia.

Norwest Energy NL Fundamentals Summary

How do Norwest Energy's earnings and revenue compare to its market cap?
NWE fundamental statistics
Market capAU$389.19m
Earnings (TTM)-AU$2.00m
Revenue (TTM)AU$228.99k

1,700x

P/S Ratio

-195.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NWE income statement (TTM)
RevenueAU$228.99k
Cost of RevenueAU$0
Gross ProfitAU$228.99k
Other ExpensesAU$2.22m
Earnings-AU$2.00m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.00029
Gross Margin100.00%
Net Profit Margin-871.39%
Debt/Equity Ratio0%

How did NWE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/05/11 16:24
End of Day Share Price 2023/05/09 00:00
Earnings2022/12/31
Annual Earnings2022/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Norwest Energy NL is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dale KoendersBarrenjoey Markets Pty Limited
Josh KannourakisBarrenjoey Markets Pty Limited
James BullenCanaccord Genuity