Otto Energy Limited, together with its subsidiaries, operates as an oil and gas exploration and production company in North America.
Otto Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.015|
|52 Week High||AU$0.008|
|52 Week Low||AU$0.018|
|1 Month Change||57.90%|
|3 Month Change||66.67%|
|1 Year Change||50.00%|
|3 Year Change||-70.59%|
|5 Year Change||-65.12%|
|Change since IPO||-91.89%|
Recent News & Updates
Is Otto Energy (ASX:OEL) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Are Insiders Buying Otto Energy Limited (ASX:OEL) Stock?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
|OEL||AU Oil and Gas||AU Market|
Return vs Industry: OEL exceeded the Australian Oil and Gas industry which returned 41.3% over the past year.
Return vs Market: OEL exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: OEL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: OEL's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Otto Energy Limited, together with its subsidiaries, operates as an oil and gas exploration and production company in North America. The company’s principal projects include its 50% interest in the South Marsh Island 71 project. Its projects portfolio also comprises 37.5% working interest in Lightning, Matagorda County Texas; and Green Canyon 21 lease in the Gulf Mexico.
Otto Energy Fundamentals Summary
|OEL fundamental statistics|
Is OEL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OEL income statement (TTM)|
|Cost of Revenue||US$10.20m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00096|
|Net Profit Margin||-15.39%|
How did OEL perform over the long term?See historical performance and comparison
Is Otto Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OEL (A$0.02) is trading below our estimate of fair value (A$0.06)
Significantly Below Fair Value: OEL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OEL is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: OEL 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 OEL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OEL is good value based on its PB Ratio (1.3x) compared to the AU Oil and Gas industry average (2.6x).
How is Otto 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 Otto 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 Otto Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OEL is currently unprofitable.
Growing Profit Margin: OEL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OEL is unprofitable, but has reduced losses over the past 5 years at a rate of 9.9% per year.
Accelerating Growth: Unable to compare OEL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OEL 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: OEL has a negative Return on Equity (-11.62%), as it is currently unprofitable.
How is Otto Energy's financial position?
Financial Position Analysis
Short Term Liabilities: OEL's short term assets ($23.6M) exceed its short term liabilities ($14.7M).
Long Term Liabilities: OEL's short term assets ($23.6M) exceed its long term liabilities ($6.7M).
Debt to Equity History and Analysis
Debt Level: OEL's debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if OEL's debt to equity ratio has reduced over the past 5 years.
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: Whilst unprofitable OEL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OEL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.4% per year.
What is Otto Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OEL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OEL'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 OEL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OEL'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 OEL'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 management tenure
Mike Utsler (64 yo)
Mr. Michael J. Utsler, also known as Mike, BSc (Petroleum Engineering), serves as Independent Non-Executive Director at Oil Search Limited since April 30, 2021. He serves as Chief Executive Officer, Managi...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD345.84K) is about average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
Experienced Management: OEL's management team is considered experienced (2.1 years average tenure).
Experienced Board: OEL's board of directors are not considered experienced ( 2.4 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 not been meaningfully diluted in the past year.
Otto Energy Limited's employee growth, exchange listings and data sources
- Name: Otto Energy Limited
- Ticker: OEL
- Exchange: ASX
- Founded: 2004
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$71.925m
- Shares outstanding: 4.80b
- Website: https://www.ottoenergy.com
Number of Employees
- Otto Energy Limited
- Ground Floor 70 Hindmarsh Square
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:47|
|End of Day Share Price||2021/10/25 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.