Pilot Energy Limited engages in the acquisition, exploration, and development of conventional oil and gas assets in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.073|
|52 Week High||AU$0.024|
|52 Week Low||AU$0.092|
|1 Month Change||17.74%|
|3 Month Change||n/a|
|1 Year Change||121.21%|
|3 Year Change||247.62%|
|5 Year Change||-27.00%|
|Change since IPO||-97.22%|
Recent News & Updates
|PGY||AU Oil and Gas||AU Market|
Return vs Industry: PGY exceeded the Australian Oil and Gas industry which returned 41.3% over the past year.
Return vs Market: PGY exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: PGY is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: PGY's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Pilot Energy Limited engages in the acquisition, exploration, and development of conventional oil and gas assets in Australia. The company holds 100% working interests in EP416 and EP480 exploration permits covering an area of 2,310 square kilometers located in southern Perth basin; and 13.058% working interests in the EP437 situated in the northern Perth basin. It also holds a 60% working interests in the WA-481-P exploration permit covering 8,630 square kilometers; and 80% working interests in the WA-503-P exploration permit located in the offshore north Perth basin.
Pilot Energy Fundamentals Summary
|PGY fundamental statistics|
Is PGY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PGY income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0057|
|Net Profit Margin||-799.95%|
How did PGY perform over the long term?See historical performance and comparison
Is Pilot 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 PGY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PGY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PGY is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: PGY 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 PGY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PGY is overvalued based on its PB Ratio (93.6x) compared to the AU Oil and Gas industry average (2.6x).
How is Pilot Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PGY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: PGY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PGY's is expected to become profitable in the next 3 years.
Revenue vs Market: Insufficient data to determine if PGY's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: Insufficient data to determine if PGY's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PGY's Return on Equity is forecast to be high in 3 years time
How has Pilot Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PGY is currently unprofitable.
Growing Profit Margin: PGY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PGY is unprofitable, but has reduced losses over the past 5 years at a rate of 18.1% per year.
Accelerating Growth: Unable to compare PGY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PGY 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: PGY has a negative Return on Equity (-722.48%), as it is currently unprofitable.
How is Pilot Energy's financial position?
Financial Position Analysis
Short Term Liabilities: PGY's short term assets (A$589.9K) exceed its short term liabilities (A$282.9K).
Long Term Liabilities: PGY's short term assets (A$589.9K) exceed its long term liabilities (A$11.5K).
Debt to Equity History and Analysis
Debt Level: PGY's debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: PGY's debt to equity ratio has increased from 2.1% to 12.7% 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: PGY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PGY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.9% each year
What is Pilot Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PGY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PGY'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 PGY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PGY'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 PGY'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
Mr. Anthony James Strasser, also known as Tony, BComm (Accounting), CA, serves as Managing Director at Pilot Energy Limited since May 31, 2021 and serves as its Director since May 28, 2021. He served as t...
Experienced Management: PGY's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Experienced Board: PGY's board of directors are not considered experienced ( 0.8 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 been substantially diluted in the past year, with total shares outstanding growing by 297.7%.
Pilot Energy Limited's employee growth, exchange listings and data sources
- Name: Pilot Energy Limited
- Ticker: PGY
- Exchange: ASX
- Founded: 1998
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$36.617m
- Shares outstanding: 501.60m
- Website: https://www.pilotenergy.com.au
- Pilot Energy Limited
- 1/85 Elizabeth Street
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:41|
|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.