Norwest Energy NL engages in the exploration of hydrocarbon resources in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.026|
|52 Week High||AU$0.003|
|52 Week Low||AU$0.034|
|1 Month Change||36.84%|
|3 Month Change||116.67%|
|1 Year Change||550.00%|
|3 Year Change||940.00%|
|5 Year Change||766.67%|
|Change since IPO||-79.20%|
Recent News & Updates
We Think Norwest Energy (ASX:NWE) Can Easily Afford To Drive Business Growth
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
|NWE||AU Oil and Gas||AU Market|
Return vs Industry: NWE exceeded the Australian Oil and Gas industry which returned 48.4% over the past year.
Return vs Market: NWE exceeded the Australian Market which returned 17.9% over the past year.
Stable Share Price: NWE is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 41% a week.
Volatility Over Time: NWE's weekly volatility has increased from 28% to 41% over the past year.
About the Company
Norwest Energy NL engages in the exploration of hydrocarbon resources in Australia. It owns 20% interest in EP368; 22.22% interest in EP426 license; and 25% working interest in TP/15 license located in Australia. The company was incorporated in 1997 and is headquartered in West Perth, Australia.
Norwest Energy Fundamentals Summary
|NWE fundamental statistics|
Is NWE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NWE income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00008|
|Net Profit Margin||-146.70%|
How did NWE perform over the long term?See historical performance and comparison
Is Norwest Energy undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NWE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NWE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NWE is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: NWE is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NWE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NWE is overvalued based on its PB Ratio (32.5x) compared to the AU Oil and Gas industry average (2.5x).
How is Norwest Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as 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 SimplyWall St do have past financial data.
How has Norwest Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWE is currently unprofitable.
Growing Profit Margin: NWE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NWE is unprofitable, and losses have increased over the past 5 years at a rate of 34.9% per year.
Accelerating Growth: Unable to compare NWE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NWE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).
Return on Equity
High ROE: NWE has a negative Return on Equity (-9.71%), as it is currently unprofitable.
How is Norwest Energy's financial position?
Financial Position Analysis
Short Term Liabilities: NWE's short term assets (A$3.7M) exceed its short term liabilities (A$611.7K).
Long Term Liabilities: NWE's short term assets (A$3.7M) exceed its long term liabilities (A$11.2K).
Debt to Equity History and Analysis
Debt Level: NWE is debt free.
Reducing Debt: NWE had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NWE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NWE has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 17.2% each year.
What is Norwest Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NWE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NWE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NWE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NWE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NWE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Iain Peter Smith, BSc, MSc, GD-BA, serves as Director of Norwest Energy NL since April 2, 2019 and its Managing Director since April 2, 2019. He joined Norwest Energy NL since April 2, 2019. He served...
CEO Compensation Analysis
Compensation vs Market: Iain's total compensation ($USD280.66K) is about average for companies of similar size in the Australian market ($USD300.22K).
Compensation vs Earnings: Iain's compensation has increased whilst the company is unprofitable.
Experienced Board: NWE's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.5%.
Norwest Energy NL's employee growth, exchange listings and data sources
- Name: Norwest Energy NL
- Ticker: NWE
- Exchange: ASX
- Founded: 1997
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$148.918m
- Shares outstanding: 5.52b
- Website: https://norwestenergy.com.au
Number of Employees
- Norwest Energy NL
- 30 Richardson Street
- Level 2
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 07:03|
|End of Day Share Price||2021/10/15 00:00|
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.