Otto Energy (ASX:OEL) - Stock Price, News & Analysis

OEL Stock Overview

Otto Energy Limited, together with its subsidiaries, operates as an oil and gas exploration and production company in the Gulf of Mexico and onshore Texas.

About the company

OEL fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Does not have a meaningful market cap (A$65M)

Otto Energy Limited Competitors

Buru Energy

ASX:BRU

AU$66.5m

Byron Energy

ASX:BYE

AU$66.6m

ADX Energy

ASX:ADX

AU$52.7m

Cue Energy Resources

ASX:CUE

AU$69.8m

Price History & Performance

Summary of all time highs, changes and price drops for Otto Energy
Historical stock prices
Current Share Price	AU$0.013
52 Week High	AU$0.022
52 Week Low	AU$0.012
Beta	1.34
1 Month Change	3.85%
3 Month Change	-10.00%
1 Year Change	-3.57%
3 Year Change	50.00%
5 Year Change	-75.45%
Change since IPO	-92.70%

Otto Energy Limited's (ASX:OEL) Business And Shares Still Trailing The Industry

Dec 18

Recent updates

Shareholder Returns

	OEL	AU Oil and Gas	AU Market
7D	3.8%	-2.4%	0.9%
1Y	-3.6%	-2.1%	5.7%

Price Volatility

Is OEL's price volatile compared to industry and market?
OEL volatility
OEL Average Weekly Movement	11.9%
Oil and Gas Industry Average Movement	10.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.5%

Volatility Over Time: OEL's weekly volatility (12%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	10	Steve Herod	www.ottoenergy.com

Otto Energy Limited, together with its subsidiaries, operates as an oil and gas exploration and production company in the Gulf of Mexico and onshore Texas. The company was formerly known as Ottoman Energy Limited and changed its name to Otto Energy Limited in August 2006. Otto Energy Limited was incorporated in 2004 and is based in Adelaide, Australia.

Otto Energy Limited Fundamentals Summary

How do Otto Energy's earnings and revenue compare to its market cap?
OEL fundamental statistics
Market cap	AU$64.73m
Earnings (TTM)	-AU$37.70m
Revenue (TTM)	AU$35.31m

1.8x

P/S Ratio

-1.7x

P/E Ratio

Is OEL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OEL income statement (TTM)
Revenue	US$22.98m
Cost of Revenue	US$12.10m
Gross Profit	US$10.88m
Other Expenses	US$35.41m
Earnings	-US$24.53m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0051
Gross Margin	47.35%
Net Profit Margin	-106.78%
Debt/Equity Ratio	0%

How did OEL perform over the long term?

See historical performance and comparison

OEL Stock Overview

Rewards

Risk Analysis

Otto Energy Limited Competitors

ASX:BRU

AU$66.5m

ASX:BYE

AU$66.6m

ASX:ADX

AU$52.7m

ASX:CUE

AU$69.8m

Price History & Performance

Recent News & Updates

First half 2024 earnings released: US$0.001 loss per share (vs US$0.003 profit in 1H 2023)

New minor risk - Share price stability

Otto Energy Limited Announces Chief Financial Officer Changes

Otto Energy Limited's (ASX:OEL) Business And Shares Still Trailing The Industry

Otto Energy Limited, Annual General Meeting, Nov 30, 2023

Full year 2023 earnings released: US$0.001 loss per share (vs US$0.003 profit in FY 2022)

Recent updates

First half 2024 earnings released: US$0.001 loss per share (vs US$0.003 profit in 1H 2023)

New minor risk - Share price stability

Otto Energy Limited Announces Chief Financial Officer Changes

Otto Energy Limited's (ASX:OEL) Business And Shares Still Trailing The Industry

Otto Energy Limited, Annual General Meeting, Nov 30, 2023

Full year 2023 earnings released: US$0.001 loss per share (vs US$0.003 profit in FY 2022)

New minor risk - Financial data availability

Less than half of directors are independent

Otto Energy Limited Provides Update on the Green Canyon (GC) 21 Bulleit Well

Insufficient Growth At Otto Energy Limited (ASX:OEL) Hampers Share Price

First half 2023 earnings released: EPS: US$0.003 (vs US$0.002 in 1H 2022)

Otto Energy Limited, Annual General Meeting, Nov 17, 2022

Is Otto Energy (ASX:OEL) Using Too Much Debt?

Full year 2022 earnings released: EPS: US$0.003 (vs US$0.001 loss in FY 2021)

Otto Energy Limited Provides Annual Reserves and Resources Statement

Otto Energy Limited Provides Update on New Production from 5 Fields to Boost Production

Otto Energy Limited Announces That Commercial Gas Condensate Discovery At Oyster Bayou South

Otto Energy Limited Appoints John Madden as Independent Non-Executive Director

Otto Energy Limited Provides an Operational Update on Commercial Gas Condensate Discovery At Mosquito Bay West

Robust Earnings May Not Tell The Whole Story For Otto Energy (ASX:OEL)

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Otto Energy Limited Announces Exploration and Operations Update

Otto Energy Limited Provides Gulf Coast Exploration Well Update

Otto Energy Limited Provides Gulf Coast Exploration Well Update

Otto Energy Limited Announces Gulf Coast Exploration Wells Update

Is Otto Energy (ASX:OEL) Using Too Much Debt?

First half 2021 earnings released: US$0.003 loss per share (vs US$0.001 loss in 1H 2020)

Are Insiders Buying Otto Energy Limited (ASX:OEL) Stock?

Pantheon Resources Plc (AIM:PANR) entered into an agreement to acquire remaining 10.8% stake in 44,463 Acre Talitha Unit in Alaska from Otto Energy Limited (ASX:OEL) for $8 million.

Otto Energy Limited Provides Year End Field Performance Update

Otto Energy Limited Announces Board Changes

Otto Energy Limited Provides Beluga Well Update

Full year earnings released - AU$0.00046 loss per share

Otto Energy Limited(ASX:OEL) dropped from S&P/ASX Emerging Companies Index

Shareholder Returns

Price Volatility

About the Company

Otto Energy Limited Fundamentals Summary

1.8x

-1.7x

Earnings & Revenue