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NWE

Norwest Energy ASX:NWE Stock Report

Last Price

AU$0.047

Market Cap

AU$315.5m

7D

0%

1Y

104.3%

Updated

08 Dec, 2022

Data

Company Financials +
NWE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

NWE Stock Overview

Norwest Energy NL is involved in the exploration of hydrocarbon resources in Australia.

Norwest Energy NL Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Norwest Energy
Historical stock prices
Current Share PriceAU$0.047
52 Week HighAU$0.054
52 Week LowAU$0.021
Beta0.40
1 Month Change-2.08%
3 Month Change-7.84%
1 Year Change104.35%
3 Year Change1,075.00%
5 Year Change1,075.00%
Change since IPO-62.40%

Recent News & Updates

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

Recent updates

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
7D0%-2.7%-1.8%
1Y104.3%37.6%-4.7%

Return vs Industry: NWE exceeded the Australian Oil and Gas industry which returned 37.6% over the past year.

Return vs Market: NWE exceeded the Australian Market which returned -4.7% over the past year.

Price Volatility

Is NWE's price volatile compared to industry and market?
NWE volatility
NWE Average Weekly Movement7.9%
Oil and Gas Industry Average Movement10.0%
Market Average Movement8.9%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market4.1%

Stable Share Price: NWE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: NWE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aIain Smithhttps://norwestenergy.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$315.54m
Earnings (TTM)-AU$1.99m
Revenue (TTM)AU$228.99k

1,567x

P/S Ratio

-162.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NWE income statement (TTM)
RevenueAU$228.99k
Cost of RevenueAU$0
Gross ProfitAU$228.99k
Other ExpensesAU$2.22m
Earnings-AU$1.99m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.00029
Gross Margin100.00%
Net Profit Margin-870.72%
Debt/Equity Ratio0%

How did NWE perform over the long term?

See historical performance and comparison