Norwest Energy NL explores for hydrocarbon resources in Australia.
+ 1 more risk
Excellent balance sheet with weak fundamentals.
Share Price & News
How has Norwest Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NWE's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: NWE exceeded the Australian Oil and Gas industry which returned -41.4% over the past year.
Return vs Market: NWE exceeded the Australian Market which returned -19.2% over the past year.
Price Volatility Vs. Market
How volatile is Norwest Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StInvestors Who Bought Norwest Energy (ASX:NWE) Shares A Year Ago Are Now Up 50%
2 months ago | Simply Wall StDo Directors Own Norwest Energy NL (ASX:NWE) Shares?
5 months ago | Simply Wall StDid You Miss Norwest Energy's (ASX:NWE) Impressive 200% Share Price Gain?
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 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 (3.4x) compared to the AU Oil and Gas industry average (0.7x).
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.
- 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.
- Norwest Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
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, but has reduced losses over the past 5 years at a rate of 5.7% 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 (-16%).
Return on Equity
High ROE: NWE has a negative Return on Equity (-170.99%), as it is currently unprofitable.
How is Norwest Energy's financial position?
Financial Position Analysis
Short Term Liabilities: NWE's short term assets (A$3.3M) exceed its short term liabilities (A$204.1K).
Long Term Liabilities: NWE's short term assets (A$3.3M) exceed its long term liabilities (A$1.0M).
Debt to Equity History and Analysis
Debt Level: NWE's debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: NWE's debt to equity ratio has increased from 11.5% to 26.6% over the past 5 years.
Inventory Level: NWE has a high level of physical assets or inventory.
Debt Coverage by Assets: NWE's debt is covered by short term assets (assets are 3.3x debt).
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 1.3 years if free cash flow continues to grow at historical rates of 22% each year.
What is Norwest Energy's 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 payouts.
High Dividend: Unable to evaluate NWE's dividend yield against the top 25% of dividend payers, as the company has not reported any 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 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, 20 ...
CEO Compensation Analysis
Compensation vs Market: Iain's total compensation ($USD167.51K) is about average for companies of similar size in the Australian market ($USD238.58K).
Compensation vs Earnings: Insufficient data to compare Iain's compensation with company performance.
|MD & Director||1yr||AU$278.76k||0.091% A$12.9k|
|Non-Executive Chairman||2.25yrs||AU$21.00k||0.091% A$12.9k|
|Non-Executive Director||0.33yr||no data||no data|
|Director of Norwest Holdings UK||no data||no data||no data|
Experienced Board: NWE's board of directors are not considered experienced ( 1 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: NWE 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 14.4%.
Norwest Energy NL's company bio, 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$14.203m
- Shares outstanding: 4.73b
- Website: https://www.norwestenergy.com.au
Number of Employees
- Norwest Energy NL
- 30 Richardson Street
- Level 2
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NUX||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Feb 1998|
|NWE||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Feb 1998|
|NWE||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Feb 1998|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/06 10:33|
|End of Day Share Price||2020/04/06 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.