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Norwest Energy

ASX:NWE
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NWE
ASX
A$10M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Norwest Energy NL explores for hydrocarbon resources in Australia. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • Norwest Energy has significant price volatility in the past 3 months.
NWE Share Price and Events
7 Day Returns
0%
ASX:NWE
0.4%
AU Oil and Gas
-0%
AU Market
1 Year Returns
0%
ASX:NWE
4.4%
AU Oil and Gas
4.6%
AU Market
NWE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Norwest Energy (NWE) 0% 0% 50% 0% 0% -72.7%
AU Oil and Gas 0.4% -1.5% 6% 4.4% 30.5% -32.3%
AU Market -0% 1% 6.9% 4.6% 18.2% 4.8%
1 Year Return vs Industry and Market
  • NWE underperformed the Oil and Gas industry which returned 4.4% over the past year.
  • NWE underperformed the Market in Australia which returned 4.6% over the past year.
Price Volatility
NWE
Industry
5yr Volatility vs Market

NWE Value

 Is Norwest 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 Norwest Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.003.
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 Norwest Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Norwest Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:NWE 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:NWE Share Price ** ASX (2019-04-11) in AUD A$0
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 Norwest Energy.

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

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

= 0 ÷ 0.00

-12.35x

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

  • Norwest Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Norwest Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Norwest Energy's expected growth come at a high price?
Raw Data
ASX:NWE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -12.35x
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 Norwest Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Norwest Energy's assets?
Raw Data
ASX:NWE 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:NWE Share Price * ASX (2019-04-11) in AUD A$0
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:NWE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0 ÷ 0.00

1.46x

* Primary Listing of Norwest Energy.

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

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

NWE Future Performance

 How is Norwest 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 Norwest 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 Norwest Energy expected to grow at an attractive rate?
  • Unable to compare Norwest Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Norwest Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Norwest Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:NWE 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:NWE 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:NWE 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 0 0
2018-03-31 0 0 0
2017-12-31 0 0 1
2017-09-30 0 0 0
2017-06-30 0 -1 0
2017-03-31 0 -1 -1
2016-12-31 0 -1 -1
2016-09-30 0 -2 -2
2016-06-30 0 -2 -2
2016-03-31 0 -1 -2

*GAAP earnings excluding extraordinary items.

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

ASX:NWE 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 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

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

Next steps:

  1. Examine Norwest 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. Norwest 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. Norwest 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
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Future performance checks
We assess Norwest 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.
Norwest 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.

NWE Past Performance

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

ASX:NWE 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 0.45 -0.91 1.06
2018-09-30 0.38 -0.58 0.78
2018-06-30 0.31 -0.25 0.50
2018-03-31 0.19 0.22 0.49
2017-12-31 0.07 0.69 0.48
2017-09-30 0.11 0.25 0.76
2017-06-30 0.14 -0.20 1.05
2017-03-31 0.11 -0.81 1.23
2016-12-31 0.08 -1.43 1.42
2016-09-30 0.04 -1.65 1.57
2016-06-30 0.01 -1.88 1.72
2016-03-31 0.00 -2.05 2.03
2015-12-31 -2.23 2.33
2015-09-30 -2.72 2.37
2015-06-30 -3.22 2.41
2015-03-31 -2.90 2.56
2014-12-31 -2.59 2.71
2014-09-30 -2.44 2.76
2014-06-30 -2.29 2.80
2014-03-31 0.00 -4.46 3.45
2013-12-31 0.01 -6.63 4.09
2013-09-30 0.10 -6.63 4.03
2013-06-30 0.20 -6.64 3.97
2013-03-31 0.32 -4.99 3.06
2012-12-31 0.45 -3.35 2.16
2012-09-30 0.51 -3.02 2.04
2012-06-30 0.56 -2.68 1.93

*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 Norwest 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 Norwest 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 Norwest 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 Norwest 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.
Norwest 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.

NWE Health

 How is Norwest 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 Norwest Energy's finances.

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

ASX:NWE Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 6.96 0.00 0.80
2018-09-30 6.96 0.00 0.80
2018-06-30 7.35 0.00 1.64
2018-03-31 7.35 0.00 1.64
2017-12-31 7.57 0.00 1.83
2017-09-30 7.57 0.00 1.83
2017-06-30 5.31 0.00 0.57
2017-03-31 5.31 0.00 0.57
2016-12-31 4.36 0.00 0.40
2016-09-30 4.36 0.00 0.40
2016-06-30 4.14 0.00 0.34
2016-03-31 4.14 0.00 0.34
2015-12-31 4.40 0.00 0.82
2015-09-30 4.40 0.00 0.82
2015-06-30 4.83 0.00 1.41
2015-03-31 4.83 0.00 1.41
2014-12-31 4.51 0.52 1.86
2014-09-30 4.51 0.52 1.86
2014-06-30 6.52 0.00 3.38
2014-03-31 6.52 0.00 3.38
2013-12-31 7.07 0.00 4.06
2013-09-30 7.07 0.00 4.06
2013-06-30 4.92 0.00 2.61
2013-03-31 4.92 0.00 2.61
2012-12-31 8.98 0.00 4.21
2012-09-30 8.98 0.00 4.21
2012-06-30 5.18 0.00 2.44
  • Norwest Energy has no debt.
  • Norwest Energy had no debt 5 years ago.
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.

  • Norwest Energy has less than a year of cash runway based on current free cash flow.
  • Norwest Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -36.8% each year.
X
Financial health checks
We assess Norwest 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. Norwest Energy 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.

NWE Dividends

 What is Norwest 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 Norwest Energy dividends.
If you bought A$2,000 of Norwest 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 Norwest Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Norwest 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:NWE 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 Norwest Energy has not reported any payouts.
  • Unable to verify if Norwest Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Norwest Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Norwest 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 Norwest 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 Norwest Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Norwest 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.

NWE Management

 What is the CEO of Norwest 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
Iain Smith
TENURE AS CEO 0 years
CEO Bio

Mr. Iain Peter Smith serves as Director of Norwest Energy NL since April 2, 2019 and its Managing Director since April 3, 2019 . He served as an Executive Officer of Pilot Energy Limited since August 9, 2017 until August 31, 2017. Mr. Smith served as an the Managing Director of Pilot Energy Limited from July 1, 2015 to August 9, 2017. Mr. Smith served as a Commercial Manager of Neon Energy Limited until February 1, 2015. He served as a Business Manager at Neon Energy Limit since October 27, 2009 until February 1, 2015. Originally a Petroleum Geophysicist, he has 30 years experience of the upstream petroleum sector in both technical and commercial roles within Australia and overseas. After a number of years within the New Ventures team of Premier Oil, he spent ten years in sales and general management roles within the geophysical technology /services sector in the UK, Australia and India. Prior to joining Neon, he held commercial advisory roles within the Exploration/New Ventures and Browse LNG business units of Woodside Energy. He is a petroleum geophysicist who commenced his career in 1991 at Western Geophysical prior to moving on to Premier Oil Plc, Woodside Petroleum Limited and served at Neon Energy Ltd. Since early 2018 Iain has worked as an independent consultant, assisting various oil & gas clients with project management and business development. During his career, he has been responsible for overseeing numerous asset sales and farm-outs which to date have exceeded $300min exploration expenditure. He served as an Executive Director of Pilot Energy Limited from July 3, 2014 to August 9, 2017. Mr. Smith holds an MSc in Petroleum Geology and Geophysics from Imperial College London and a Graduate Diploma in Business Administration from the University of Western Australia.

CEO Compensation
  • Insufficient data for Iain to compare compensation growth.
  • Insufficient data for Iain to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
Management Team

Jo-Ann Long

TITLE
CFO & Company Secretary
COMPENSATION
A$73K
TENURE
1.6 yrs

Iain Smith

TITLE
MD & Director
Board of Directors

Ernie Myers

TITLE
Chairman
AGE
70
TENURE
1.3 yrs

Iain Smith

TITLE
MD & Director

Henry Kennedy

TITLE
Non-Executive Director
COMPENSATION
A$30K
AGE
82
TENURE
22 yrs

Graham Mulligan

TITLE
Director of Norwest Holdings UK
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$) Value (A$)
06. Jun 18 Buy Tamarind Classic Resources Private Limited Company 01. Jun 18 01. Jun 18 240,562,500 A$0.00 A$841,745
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Management checks
We assess Norwest 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. Norwest 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.

NWE News

Simply Wall St News

Is Norwest Energy NL's (ASX:NWE) CEO Overpaid Relative To Its Peers?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … View our latest analysis for Norwest Energy … How Does Shelley Robertson's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Is Norwest Energy NL's (ASX:NWE) Balance Sheet Strong Enough To Weather A Storm?

The direct benefit for Norwest Energy NL (ASX:NWE), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is NWE right in choosing financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

Simply Wall St -

Could Norwest Energy NL's (ASX:NWE) Investor Composition Influence The Stock Price?

A look at the shareholders of Norwest Energy NL (ASX:NWE) can tell us which group is most powerful. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Norwest Energy is a smaller company with a market capitalization of AU$6.8m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What You Must Know About Norwest Energy NL's (ASX:NWE) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is NWE right in choosing financial flexibility over lower cost of capital. … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt

Simply Wall St -

What Does Norwest Energy NL's (ASX:NWE) Ownership Structure Look Like?

In this article, I will take a quick look at Norwest Energy NL’s (ASX:NWE) recent ownership structure – an unconventional investing subject, but an important one. … Ownership structure of a company has been found to affect share performance over time. … ASX:NWE Ownership Summary July 30th 18

Simply Wall St -

Norwest Energy NL (ASX:NWE): Can It Deliver A Superior ROE To The Industry?

and want to better understand how you can grow your money by investing in Norwest Energy NL (ASX:NWE). … Norwest Energy NL (ASX:NWE) delivered a less impressive 9.09% ROE over the past year, compared to the 15.13% return generated by its industry. … Knowing these components can change your views on NWE's below-average returns

Simply Wall St -

Before You Buy Norwest Energy NL's (ASX:NWE), Consider This

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … With a beta of 2.48, Norwest Energy is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … NWE, with its market capitalisation of AU$10.15M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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Who Really Owns Norwest Energy NL (ASX:NWE)?

In this analysis, my focus will be on developing a perspective on Norwest Energy NL’s (ASX:NWE) latest ownership structure, a less discussed, but important factor. … See our latest analysis for Norwest Energy ASX:NWE Ownership_summary May 2nd 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Broadly, insider ownership of this level has been found to negatively affect companies with consistently low PE ratio (underperforming).

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Will Norwest Energy NL (ASX:NWE) Continue To Underperform Its Industry?

View our latest analysis for Norwest Energy What you must know about ROE Return on Equity (ROE) is a measure of Norwest Energy’s profit relative to its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Norwest Energy’s equity capital deployed. … Currently, Norwest Energy has no debt which means its returns are driven purely by equity capital.

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Does Norwest Energy NL's (ASX:NWE) PE Ratio Warrant A Sell?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for NWE Price per share = A$0 Earnings per share = A$0 ∴ Price-Earnings Ratio = A$0 ÷ A$0 = 12.4x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … At 12.4x, NWE’s P/E is higher than its industry peers (8.8x).

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NWE Company Info

Description

Norwest Energy NL explores for hydrocarbon resources in Australia. It owns 25% interests in TP/15 license; 27.945% interests in EP413 license; 20% interests in EP368 license; 22.22% interests in EP426 license; and 6.278% interests in L14 Jingemia oilfield located in Australia. The company was founded in 1997 and is based in West Perth, Australia.

Details
Name: Norwest Energy NL
NWE
Exchange: ASX
Founded: 1997
A$10,146,278
3,382,092,727
Website: http://www.norwestenergy.com.au
Address: Norwest Energy NL
30 Richardson Street,
Level 2,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX NWE Ordinary Shares Australian Securities Exchange AU AUD 27. Feb 1998
DB NUX Ordinary Shares Deutsche Boerse AG DE EUR 27. Feb 1998
CHIA NWE Ordinary Shares Chi-X Australia AU AUD 27. Feb 1998
Number of employees
Current staff
Staff numbers
3
Norwest Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 10:31
End of day share price update: 2019/04/11 00:00
Last earnings filing: 2019/03/15
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.