Pancontinental Oil & Gas NL explores for oil and gas properties.
+ 2 more risks
Mediocre balance sheet and overvalued.
Share Price & News
How has Pancontinental Oil & Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PCL'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: PCL underperformed the Australian Oil and Gas industry which returned -8.4% over the past year.
Return vs Market: PCL underperformed the Australian Market which returned 14.6% over the past year.
Price Volatility Vs. Market
How volatile is Pancontinental Oil & Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StCan We See Significant Insider Ownership On The Pancontinental Oil & Gas NL (ASX:PCL) Share Register?
1 year ago | Simply Wall StWho Are The Major Shareholders In Pancontinental Oil & Gas NL (ASX:PCL)?
2 years ago | Simply Wall StBreaking Down Pancontinental Oil & Gas NL's (ASX:PCL) Ownership Structure
Is Pancontinental Oil & Gas 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 PCL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PCL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PCL is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: PCL 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 PCL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PCL is good value based on its PB Ratio (0.7x) compared to the AU Oil and Gas industry average (1.2x).
How is Pancontinental Oil & Gas 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 Pancontinental Oil & Gas 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.
- Take a look at our analysis of PCL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Pancontinental Oil & Gas competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Pancontinental Oil & Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PCL is currently unprofitable.
Growing Profit Margin: PCL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PCL is unprofitable, but has reduced losses over the past 5 years at a rate of 34.5% per year.
Accelerating Growth: Unable to compare PCL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PCL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (14.4%).
Return on Equity
High ROE: PCL has a negative Return on Equity (-95.17%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Pancontinental Oil & Gas's financial position?
Financial Position Analysis
Short Term Liabilities: PCL's short term assets (A$2.1M) exceed its short term liabilities (A$298.5K).
Long Term Liabilities: PCL's short term assets (A$2.1M) exceed its long term liabilities (A$697.2K).
Debt to Equity History and Analysis
Debt Level: PCL's debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PCL's debt to equity ratio has reduced over the past 5 years.
Inventory Level: PCL has a high level of physical assets or inventory.
Debt Coverage by Assets: PCL's debt is covered by short term assets (assets are 3.2x 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: PCL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PCL has less than a year of cash runway if free cash flow continues to grow at historical rates of 30.3% each year.
What is Pancontinental Oil & Gas's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PCL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PCL'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 PCL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PCL'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 PCL'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
Ernie Myers (71yo)
Mr. Ernest Anthony Myers, also known as Ernie, CPA, serves as Chairman at Norwest Energy NL since 2018. Mr. Myers has been a Company Secretary of Sub-Sahara Resources N.L since March 29, 2004. Mr. Myers se ...
CEO Compensation Analysis
Compensation vs Market: Ernie's total compensation ($USD115.80K) is below average for companies of similar size in the Australian market ($USD251.50K).
Compensation vs Earnings: Ernie's compensation has been consistent with company performance over the past year.
|CEO & Executive Director||1.3yrs||AU$174.53k||0.054% A$2.9k|
|CFO, Company Secretary & Executive Director||3.2yrs||AU$125.00k||no data|
|Technical Director & Director||14.5yrs||AU$298.34k||2.48% A$134.3k|
|Non-Executive Chairman||2.6yrs||AU$50.00k||7.62% A$411.8k|
|Non-Executive Director||2.6yrs||AU$83.00k||0.72% A$39.0k|
Experienced Board: PCL's board of directors are considered experienced (3.2 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.9%.
Pancontinental Oil & Gas NL's company bio, employee growth, exchange listings and data sources
- Name: Pancontinental Oil & Gas NL
- Ticker: PCL
- Exchange: ASX
- Founded: 1985
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$5.407m
- Shares outstanding: 5.41b
- Website: https://www.pancon.com.au
Number of Employees
- Pancontinental Oil & Gas NL
- 10 Ord Street
- Level One
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PCL||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Apr 1993|
|PCOG.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Apr 1993|
|PUB||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Apr 1993|
|PCL||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Apr 1993|
Pancontinental Oil & Gas NL explores for oil and gas properties. Its principal assets are the PEL 37 project in Walvis Basin and the PEL 87 project in Orange Basin located in offshore Namibia; and the Kenya L6 project located in onshore/offshore Kenya. The company was incorporated in 1985 and is based in West Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 10:34|
|End of Day Share Price||2020/02/24 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.