| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
OSH Stock Overview
Oil Search Limited explores for, develops, and produces oil and gas properties primarily in Papua New Guinea, the United States, and Australia.
Rewards
Risk Analysis
No risks detected for OSH from our risk checks.
Oil Search Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$4.04 |
| 52 Week High | AU$4.69 |
| 52 Week Low | AU$3.43 |
| Beta | 2.08 |
| 1 Month Change | -5.83% |
| 3 Month Change | 5.76% |
| 1 Year Change | 10.38% |
| 3 Year Change | -42.61% |
| 5 Year Change | -40.68% |
| Change since IPO | 431.58% |
Recent News & Updates
Returns Are Gaining Momentum At Oil Search (ASX:OSH)
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Shareholder Returns
| OSH | AU Oil and Gas | AU Market | |
|---|---|---|---|
| 7D | -1.7% | -1.2% | -2.8% |
| 1Y | 10.4% | 4.8% | 5.8% |
Return vs Industry: OSH exceeded the Australian Oil and Gas industry which returned 7.4% over the past year.
Return vs Market: OSH underperformed the Australian Market which returned 12.3% over the past year.
Price Volatility
| OSH volatility | |
|---|---|
| OSH Average Weekly Movement | 4.6% |
| Oil and Gas Industry Average Movement | 10.7% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: OSH is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: OSH's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1929 | 1,243 | Peter Fredricson | https://www.oilsearch.com |
Oil Search Limited explores for, develops, and produces oil and gas properties primarily in Papua New Guinea, the United States, and Australia. It operates through PNG Business Unit and Alaska Business Unit segments. The company is involved in the exploration, development, production, and sale of hydrocarbons, liquefied natural gas, crude oil, natural gas, condensate, naphtha, and other refined products; and power generation activities.
Oil Search Fundamentals Summary
| OSH fundamental statistics | |
|---|---|
| Market Cap | US$5.98b |
| Earnings (TTM) | US$84.51m |
| Revenue (TTM) | US$1.12b |
70.7x
P/E Ratio5.4x
P/S RatioIs OSH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OSH income statement (TTM) | |
|---|---|
| Revenue | US$1.12b |
| Cost of Revenue | US$719.92m |
| Gross Profit | US$396.33m |
| Expenses | US$311.82m |
| Earnings | US$84.51m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.041 |
| Gross Margin | 35.50% |
| Net Profit Margin | 7.57% |
| Debt/Equity Ratio | 46.2% |
How did OSH perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield93%
Payout RatioValuation
Is Oil Search undervalued compared to its fair value and its price relative to the market?
70.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OSH (A$4.04) is trading above our estimate of fair value (A$1.98)
Significantly Below Fair Value: OSH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OSH is poor value based on its PE Ratio (70.7x) compared to the Australian Oil and Gas industry average (28.8x).
PE vs Market: OSH is poor value based on its PE Ratio (70.7x) compared to the Australian market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: OSH is poor value based on its PEG Ratio (35.4x)
Price to Book Ratio
PB vs Industry: OSH is good value based on its PB Ratio (1.1x) compared to the AU Oil and Gas industry average (2.4x).
Future Growth
How is Oil Search forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
2.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OSH's forecast earnings growth (2% per year) is above the savings rate (1.9%).
Earnings vs Market: OSH's earnings (2% per year) are forecast to grow slower than the Australian market (11.6% per year).
High Growth Earnings: OSH's earnings are forecast to grow, but not significantly.
Revenue vs Market: OSH's revenue (1.9% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: OSH's revenue (1.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OSH's Return on Equity is forecast to be low in 3 years time (6.9%).
Past Performance
How has Oil Search performed over the past 5 years?
-10.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OSH has high quality earnings.
Growing Profit Margin: OSH became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: OSH has become profitable over the past 5 years, growing earnings by -10.7% per year.
Accelerating Growth: OSH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: OSH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).
Return on Equity
High ROE: OSH's Return on Equity (1.5%) is considered low.
Financial Health
How is Oil Search's financial position?
Financial Position Analysis
Short Term Liabilities: OSH's short term assets ($842.6M) exceed its short term liabilities ($707.2M).
Long Term Liabilities: OSH's short term assets ($842.6M) do not cover its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: OSH's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: OSH's debt to equity ratio has reduced from 87.8% to 46.2% over the past 5 years.
Debt Coverage: OSH's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: OSH's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
Dividend
What is Oil Search current dividend yield, its reliability and sustainability?
1.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OSH's dividend (1.15%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.26%).
High Dividend: OSH's dividend (1.15%) is low compared to the top 25% of dividend payers in the Australian market (5.45%).
Stability and Growth of Payments
Stable Dividend: OSH's dividend payments have been volatile in the past 10 years.
Growing Dividend: OSH is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: OSH is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OSH's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Peter Fredricson
0.75
Tenure
Mr. Peter J. Fredricson, BCom, CA, GAICD, serves as Acting Chief Executive Officer at Oil Search Limited since July 19, 2021 and serves as its Chief Financial Officer since March 23, 2021. Mr. Fredricson w...
Leadership Team
Experienced Management: OSH's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
Experienced Board: OSH's board of directors are considered experienced (4.9 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Oil Search Limited's employee growth, exchange listings and data sources
Key Information
- Name: Oil Search Limited
- Ticker: OSH
- Exchange: ASX
- Founded: 1929
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: AU$8.395b
- Shares outstanding: 2.08b
- Website: https://www.oilsearch.com
Number of Employees
Location
- Oil Search Limited
- Harbourside East Building
- Ground Floor
- Port Moresby
- Papua New Guinea
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/12/14 07:04 |
| End of Day Share Price | 2021/12/10 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.