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Paringa Resources

ASX:PNL
Snowflake Description

Moderate growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PNL
ASX
A$69M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Paringa Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in the United States. The last earnings update was 48 days ago. More info.


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PNL Share Price and Events
7 Day Returns
7.1%
ASX:PNL
3.4%
AU Oil and Gas
1.7%
AU Market
1 Year Returns
-53.1%
ASX:PNL
5.7%
AU Oil and Gas
5.9%
AU Market
PNL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Paringa Resources (PNL) 7.1% 0% -9.1% -53.1% -18.9% -51.6%
AU Oil and Gas 3.4% 3.7% 8% 5.7% 35.7% -30.5%
AU Market 1.7% 4% 8.6% 5.9% 21.4% 7.4%
1 Year Return vs Industry and Market
  • PNL underperformed the Oil and Gas industry which returned 5.7% over the past year.
  • PNL underperformed the Market in Australia which returned 5.9% over the past year.
Price Volatility
PNL
Industry
5yr Volatility vs Market

PNL Value

 Is Paringa Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Paringa Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.15.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Paringa Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Paringa Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:PNL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.02
ASX:PNL Share Price ** ASX (2019-04-24) in AUD A$0.15
ASX:PNL Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.702 $0.11
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 8.09x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Paringa Resources.

ASX:PNL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:PNL Share Price ÷ EPS (both in USD)

= 0.11 ÷ -0.02

-4.82x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Paringa Resources is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Paringa Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Paringa Resources's expected growth come at a high price?
Raw Data
ASX:PNL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.82x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
109.2%per year
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Paringa Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Paringa Resources's assets?
Raw Data
ASX:PNL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.16
ASX:PNL Share Price * ASX (2019-04-24) in AUD A$0.15
ASX:PNL Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.702 $0.11
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.29x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.66x
ASX:PNL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:PNL Share Price ÷ Book Value per Share (both in USD)

= 0.11 ÷ 0.16

0.65x

* Primary Listing of Paringa Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Paringa Resources is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Paringa Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Paringa Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PNL Future Performance

 How is Paringa Resources expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
109.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Paringa Resources expected to grow at an attractive rate?
  • Paringa Resources's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Paringa Resources's earnings growth is expected to exceed the Australia market average.
  • Unable to compare Paringa Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:PNL Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:PNL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 109.2%
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:PNL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:PNL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 117 12 11 2
2020-06-30 79 2 5 2
2019-06-30 41 -5 -3 1
ASX:PNL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 -6 -7
2018-09-30 -5 -7
2018-06-30 -4 -7
2018-03-31 -4 -7
2017-12-31 -3 -7
2017-09-30 -4 -7
2017-06-30 -5 -6
2017-03-31 -4 -5
2016-12-31 -4 -4
2016-09-30 -4 -4
2016-06-30 -4 -4
2016-03-31 -4 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Paringa Resources's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Paringa Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:PNL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Paringa Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PNL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.02 0.02 0.01 2.00
2020-06-30 0.00 0.01 0.00 2.00
2019-06-30 0.00 0.01 -0.02 3.00
ASX:PNL Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -0.02
2016-09-30 -0.03
2016-06-30 -0.03
2016-03-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Paringa Resources is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Paringa Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Paringa Resources has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PNL Past Performance

  How has Paringa Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Paringa Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Paringa Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Paringa Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Paringa Resources's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Paringa Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Paringa Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PNL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -6.99 6.55
2018-09-30 -7.05 6.64
2018-06-30 -7.12 6.73
2018-03-31 -7.31 6.77
2017-12-31 -7.50 6.80
2017-09-30 -6.73 6.13
2017-06-30 -5.96 5.46
2017-03-31 -4.85 4.59
2016-12-31 -3.90 3.88
2016-09-30 -4.12 4.10
2016-06-30 -4.48 4.48
2016-03-31 -4.78 4.86
2015-12-31 -4.81 4.97
2015-09-30 -4.39 4.57
2015-06-30 -4.53 4.76
2015-03-31 -4.28 4.39
2014-12-31 -4.37 4.37
2014-09-30 -4.16 4.16
2014-06-30 -3.92 3.94
2014-03-31 -3.21 3.35
2013-12-31 -2.47 2.74
2013-09-30 -2.17 2.39
2013-06-30 -1.71 1.87
2012-06-30 -0.08 0.03

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Paringa Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Paringa Resources has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Paringa Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Paringa Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Paringa Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PNL Health

 How is Paringa Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Paringa Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Paringa Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Paringa Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Paringa Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Paringa Resources Company Filings, last reported 3 months ago.

ASX:PNL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 74.58 17.15 11.94
2018-09-30 74.58 17.15 11.94
2018-06-30 77.09 0.00 22.62
2018-03-31 77.09 0.00 22.62
2017-12-31 58.48 0.00 24.54
2017-09-30 58.48 0.00 24.54
2017-06-30 60.58 0.00 34.80
2017-03-31 60.58 0.00 34.80
2016-12-31 21.63 0.00 7.90
2016-09-30 22.93 0.00 8.38
2016-06-30 16.32 0.00 0.30
2016-03-31 16.32 0.00 0.30
2015-12-31 15.45 0.00 2.69
2015-09-30 14.92 0.00 2.60
2015-06-30 14.68 0.00 1.62
2015-03-31 14.55 0.00 1.61
2014-12-31 17.55 0.00 5.24
2014-09-30 18.76 0.00 5.60
2014-06-30 17.94 0.00 4.26
2014-03-31 17.63 0.00 4.18
2013-12-31 18.49 0.00 5.82
2013-09-30 19.33 0.00 6.09
2013-06-30 7.63 0.00 7.33
2012-06-30 -0.05 0.27
  • Paringa Resources's level of debt (23%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 23% today).
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.

  • Paringa Resources has less than a year of cash runway based on current free cash flow.
  • Paringa Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 85.9% each year.
X
Financial health checks
We assess Paringa Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Paringa Resources has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PNL Dividends

 What is Paringa Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Paringa Resources dividends. Estimated to be 0% next year.
If you bought A$2,000 of Paringa Resources shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Paringa Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Paringa Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:PNL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:PNL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.00 1.00
2020-06-30 0.00 1.00
2019-06-30 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Paringa Resources has not reported any payouts.
  • Unable to verify if Paringa Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Paringa Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Paringa Resources has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Paringa Resources's dividends in 3 years as they are not expected to pay a notable one for Australia.
X
Income/ dividend checks
We assess Paringa Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Paringa Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Paringa Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PNL Management

 What is the CEO of Paringa Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Egan Antill
TENURE AS CEO 0.3 years
CEO Bio

Mr. Egan J. Antill has been the Chief Executive Officer & Managing Director of Paringa Resources Ltd., since December 12, 2018 and is its Director. Mr. Antill spent 20 years in investment banking on Wall Street in New York including Managing Director, Merrill Lynch & Co., New York, where he raised capital for and provided strategic advice to global Metals and Mining companies, and prior to that with Credit Suisse First Boston, New York in the Mergers & Acquisitions department. Mr. Antill’s background in mining and capital markets will complement the proven operating team that Paringa has established at its Poplar Grove mine. The operating team based at site in Kentucky has in excess of 50 years of coal mining experience in the US. He studied Engineering at the University of Queensland and early in his career worked for Mount Isa Mines Ltd and Caterpillar of Australia Ltd. He then completed an MBA at Yale University.

CEO Compensation
  • Insufficient data for Egan to compare compensation growth.
  • Insufficient data for Egan to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
Management Team Tenure

Average tenure and age of the Paringa Resources management team in years:

1.5
Average Tenure
43
Average Age
  • The average tenure for the Paringa Resources management team is less than 2 years, this suggests a new team.
Management Team

David Gay

TITLE
President & Executive Director
COMPENSATION
$920K
AGE
59
TENURE
3.8 yrs

Dominic Allen

TITLE
Vice President of Finance
AGE
35
TENURE
0.7 yrs

Rick Kim

TITLE
Chief Operating Officer
COMPENSATION
$621K
AGE
39
TENURE
1.5 yrs

Bruce Czachor

TITLE
VP & General Counsel
COMPENSATION
$118K
AGE
57
TENURE
1.3 yrs

Greg Swan

TITLE
Company Secretary
COMPENSATION
$102K
AGE
37
TENURE
5.4 yrs

Egan Antill

TITLE
CEO, MD & Director
TENURE
0.3 yrs

Daniel Trentham

TITLE
Financial Controller

Mark Pearce

TITLE
Director of Hartshorne Coal Mining Pty Ltd
AGE
47
TENURE
5.5 yrs
Board of Directors Tenure

Average tenure and age of the Paringa Resources board of directors in years:

2.7
Average Tenure
51
Average Age
  • The average tenure for the Paringa Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ian Middlemas

TITLE
Chairman of the Board
COMPENSATION
$27K
AGE
58
TENURE
5.3 yrs

Egan Antill

TITLE
CEO, MD & Director
TENURE
0.3 yrs

Tom Hannigan

TITLE
Deputy Chairman
COMPENSATION
$472K
AGE
44
TENURE
1.8 yrs

David Gay

TITLE
President & Executive Director
COMPENSATION
$920K
AGE
59
TENURE
3.8 yrs

Jon Hjelte

TITLE
Non-Executive Director
COMPENSATION
$23K
AGE
36
TENURE
3.3 yrs

Tom Todd

TITLE
Non-Executive Director
COMPENSATION
$249K
AGE
44
TENURE
2.4 yrs

Rick McCormick

TITLE
Non-Executive Director
COMPENSATION
$23K
AGE
59
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
09. Jul 18 Buy Colonial First State Asset Management (Australia) Limited Company 08. Jun 18 08. Jun 18 175,000 A$0.23 A$40,757
15. Jun 18 Buy Ian Middlemas Individual 15. Jun 18 15. Jun 18 3,333,334 A$0.22 A$733,332
12. Jun 18 Buy T2 Resources Pty Ltd Company 29. May 18 29. May 18 2,840,276 A$0.22 A$624,859
12. Jun 18 Buy Thomas Todd Individual 29. May 18 29. May 18 1,643,590 A$0.22 A$361,589
31. May 18 Buy Colonial First State Asset Management (Australia) Limited Company 29. May 18 29. May 18 15,646,607 A$0.22 A$3,442,246
15. May 18 Buy Colonial First State Asset Management (Australia) Limited Company 16. Mar 18 10. May 18 3,804,327 A$0.40 A$1,277,715
X
Management checks
We assess Paringa Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Paringa Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PNL News

Simply Wall St News

Did You Manage To Avoid Paringa Resources's Painful 61% Share Price Drop?

This week we saw the Paringa Resources Limited (ASX:PNL) share price climb by 10%. … Paringa Resources didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). … When it reported in June 2018 Paringa Resources had minimal net cash consider its expenditure: just US$11m to be specific.

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Does Paringa Resources Limited (ASX:PNL) Have A High Beta?

If you're interested in Paringa Resources Limited (ASX:PNL), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … The first thing to understand about beta is that the beta of the overall market is one.

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Could The Paringa Resources Limited (ASX:PNL) Ownership Structure Tell Us Something Useful?

A look at the shareholders of Paringa Resources Limited (ASX:PNL) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Paringa Resources is a smaller company with a market capitalization of AU$87m, so it may still be flying under the radar of many institutional investors.

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Have Insiders Been Buying Paringa Resources Limited (ASX:PNL) Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So we'll take a look at whether insiders have been buying or selling shares in Paringa Resources Limited (ASX:PNL). … In total, Paringa Resources insiders bought more than they sold over the last year

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Paringa Resources Limited's (ASX:PNL) Path To Profitability

Paringa Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in the United States. … The AU$89m market-cap company announced a latest loss of -US$7m on 30 June 2018 for its most recent financial year result. … Check out our latest analysis for Paringa Resources

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Who Are The Top Investors In Paringa Resources Limited (ASX:PNL)?

In this article, I'm going to take a look at Paringa Resources Limited’s (ASX:PNL) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … See our latest analysis for Paringa Resources … ASX:PNL Ownership Summary August 16th 18

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Paringa Resources Limited's (ASX:PNL) Path To Profitability

Paringa Resources Limited's (ASX:PNL):. … Paringa Resources Limited, together with its subsidiaries, engages in the exploration and development of resource projects. … The company’s loss has recently broadened since it announced a -AU$5.95m loss in the full financial year, compared to the latest trailing-twelve-month loss of -AU$7.50m, moving it further away from breakeven.

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High Growth ASX Stocks

ASX:PNL Future Profit Dec 21st 17 ImpediMed Limited (ASX:IPD) ImpediMed Limited, together with its subsidiaries, engages in the development, manufacture, and sale of bioimpedance devices and consumables in Australia, North America, Europe, and internationally. … IPD’s projected future profit growth is an exceptional 63.69%, with an underlying triple-digit growth from its revenues expected over the upcoming years. … ASX:IPD Future Profit Dec 21st 17 Avanco Resources Limited (ASX:AVB) Avanco Resources Limited engages in the exploration and development of mineral properties in Brazil.

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PNL Company Info

Description

Paringa Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in the United States. The company holds an interest in the Buck Creek Mine Complex located in the Illinois coal basin. As of June 30, 2018, it owned 40,751 gross acres of coal leases in Kentucky, the United States. Paringa Resources Limited was incorporated in 2012 and is headquartered in Rumsey, Kentucky.

Details
Name: Paringa Resources Limited
PNL
Exchange: ASX
Founded: 2012
A$68,737,677
458,251,181
Website: http://www.paringaresources.com
Address: Paringa Resources Limited
373 Whobry Road,
Rumsey,
Kentucky, 42371,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX PNL Ordinary Shares Australian Securities Exchange AU AUD 20. Dec 2012
OTCPK PNGZ.F Ordinary Shares Pink Sheets LLC US USD 20. Dec 2012
DB 21V Ordinary Shares Deutsche Boerse AG DE EUR 20. Dec 2012
CHIA PNL Ordinary Shares Chi-X Australia AU AUD 20. Dec 2012
NasdaqCM PNRL SPONSORED ADS Nasdaq Capital Market US USD 01. Oct 2018
Number of employees
Current staff
Staff numbers
0
Paringa Resources employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 10:34
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/25
Last earnings filing: 2019/03/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.