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Warrego Energy

ASX:PRL
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRL
ASX
A$53M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Petrel Energy Limited engages in the exploration and development of oil and gas resources. The last earnings update was 14 days ago. More info.


Add to Portfolio Compare Print
  • Warrego Energy has significant price volatility in the past 3 months.
PRL Share Price and Events
7 Day Returns
-4.5%
ASX:PRL
-3.3%
AU Oil and Gas
-0.6%
AU Market
1 Year Returns
75%
ASX:PRL
6.6%
AU Oil and Gas
3.9%
AU Market
PRL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Warrego Energy (PRL) -4.5% 31.3% 110% 75% -77.2% -97.6%
AU Oil and Gas -3.3% -4.3% 11.4% 6.6% 36.7% -32.4%
AU Market -0.6% -1% 9% 3.9% 21.2% 4.2%
1 Year Return vs Industry and Market
  • PRL outperformed the Oil and Gas industry which returned 6.6% over the past year.
  • PRL outperformed the Market in Australia which returned 3.9% over the past year.
Price Volatility
PRL
Industry
5yr Volatility vs Market

PRL Value

 Is Warrego Energy 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
Here we compare the current share price of Warrego Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Warrego Energy.

ASX:PRL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:PRL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.943 (1 + (1- 30%) (0%))
0.962
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (0.962 * 5.96%)
8.04%

Discounted Cash Flow Calculation for ASX:PRL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Warrego Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:PRL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.04%)
2019 1.06 Est @ 2.56% 0.98
2020 1.08 Est @ 2.49% 0.93
2021 1.11 Est @ 2.43% 0.88
2022 1.14 Est @ 2.4% 0.84
2023 1.16 Est @ 2.37% 0.79
2024 1.19 Est @ 2.35% 0.75
2025 1.22 Est @ 2.34% 0.71
2026 1.25 Est @ 2.33% 0.67
2027 1.28 Est @ 2.33% 0.64
2028 1.31 Est @ 2.32% 0.60
Present value of next 10 years cash flows A$7.79
ASX:PRL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$1.31 × (1 + 2.31%) ÷ (8.04% – 2.31%)
A$23.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$23.34 ÷ (1 + 8.04%)10
A$10.77
ASX:PRL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$7.79 + A$10.77
A$18.56
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$18.56 / 507.45
A$0.04
ASX:PRL Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.04
Current discount Discount to share price of A$0.11
= -1 x (A$0.11 - A$0.04) / A$0.04
-187.1%

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

  • The current share price of Warrego Energy is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Warrego Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Warrego Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:PRL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.11
ASX:PRL Share Price ** ASX (2019-03-27) in AUD A$0.11
Australia Oil and Gas Industry PE Ratio Median Figure of 22 Publicly-Listed Oil and Gas Companies 9.23x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.07x

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

** Primary Listing of Warrego Energy.

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

= ASX:PRL Share Price ÷ EPS (both in AUD)

= 0.11 ÷ -0.11

-0.96x

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

  • Warrego Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Warrego Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Warrego Energy's expected growth come at a high price?
Raw Data
ASX:PRL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.96x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Oil and Gas Industry PEG Ratio Median Figure of 16 Publicly-Listed Oil and Gas Companies 0.82x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.35x

*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 Warrego Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Warrego Energy's assets?
Raw Data
ASX:PRL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.03
ASX:PRL Share Price * ASX (2019-03-27) in AUD A$0.11
Australia Oil and Gas Industry PB Ratio Median Figure of 143 Publicly-Listed Oil and Gas Companies 1.14x
Australia Market PB Ratio Median Figure of 1,669 Publicly-Listed Companies 1.65x
ASX:PRL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:PRL Share Price ÷ Book Value per Share (both in AUD)

= 0.11 ÷ 0.03

3.61x

* Primary Listing of Warrego Energy.

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

  • Warrego Energy is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Warrego Energy'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. Warrego Energy has a total score of 0/6, 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.

PRL Future Performance

 How is Warrego Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Warrego 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
5.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Warrego Energy expected to grow at an attractive rate?
  • Unable to compare Warrego Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Warrego Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Warrego Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:PRL Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 5.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.4%
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:PRL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:PRL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -11
2018-09-30 -1 -15
2018-06-30 -1 -20
2018-03-31 0 -1 -16
2017-12-31 0 -2 -12
2017-09-30 0 -2 -7
2017-06-30 0 -2 -2
2017-03-31 0 -2 -2
2016-12-31 0 -1 -2
2016-09-30 0 -1 -2
2016-06-30 0 -1 -2
2016-03-31 0 -2 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Warrego Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Warrego Energy 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:PRL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Warrego Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PRL Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.11
2018-09-30 -0.17
2018-06-30 -0.26
2018-03-31 -0.23
2017-12-31 -0.19
2017-09-30 -0.13
2017-06-30 -0.04
2017-03-31 -0.05
2016-12-31 -0.06
2016-09-30 -0.06
2016-06-30 -0.07
2016-03-31 -0.08

*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.
  • Unable to establish if Warrego Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Warrego Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  2. Warrego Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Warrego Energy'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.
Warrego Energy has a total score of 0/6, 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.

PRL Past Performance

  How has Warrego Energy 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 Warrego Energy'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.
  • Warrego Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Warrego Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Warrego Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Warrego Energy'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 Warrego Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PRL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -10.89 1.51
2018-09-30 -15.35 1.57
2018-06-30 -19.82 1.63
2018-03-31 -0.01 -15.81 1.62
2017-12-31 -0.03 -11.80 1.61
2017-09-30 -0.01 -6.93 1.59
2017-06-30 0.01 -2.06 1.58
2017-03-31 0.05 -1.93 1.58
2016-12-31 0.09 -1.80 1.59
2016-09-30 0.10 -1.81 1.60
2016-06-30 0.11 -1.82 1.61
2016-03-31 0.15 -2.01 1.61
2015-12-31 0.19 -2.20 1.60
2015-09-30 0.18 -3.99 1.85
2015-06-30 0.17 -5.78 2.10
2015-03-31 0.18 -5.98 2.36
2014-12-31 0.20 -6.19 2.63
2014-09-30 0.20 -4.54 2.61
2014-06-30 0.20 -2.90 2.58
2014-03-31 0.17 -4.77 2.90
2013-12-31 0.15 -6.65 3.21
2013-09-30 0.13 -6.79 3.35
2013-06-30 0.11 -6.93 3.48
2013-03-31 0.06 -5.02 3.06
2012-12-31 0.00 -3.12 2.64
2012-09-30 0.00 -2.60 2.19
2012-06-30 -2.09 1.75
2012-03-31 -2.30 1.46

*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 Warrego Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Warrego Energy 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 Warrego Energy 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 Warrego Energy'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.
Warrego Energy 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.

PRL Health

 How is Warrego Energy'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 Warrego Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Warrego Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Warrego Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Warrego Energy'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.
  • Low level of unsold assets.
  • Warrego Energy has no debt, it does not need to be covered by short term assets.
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 Warrego Energy Company Filings, last reported 2 months ago.

ASX:PRL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3.53 0.00 0.30
2018-09-30 3.53 0.00 0.30
2018-06-30 3.54 0.00 0.04
2018-03-31 3.54 0.00 0.04
2017-12-31 17.63 0.42 0.81
2017-09-30 17.63 0.42 0.81
2017-06-30 32.31 0.43 3.58
2017-03-31 32.31 0.43 3.58
2016-12-31 29.29 0.45 3.59
2016-09-30 29.29 0.45 3.59
2016-06-30 22.38 0.42 0.48
2016-03-31 22.38 0.42 0.48
2015-12-31 22.32 0.36 0.33
2015-09-30 22.32 0.36 0.33
2015-06-30 20.30 0.41 1.11
2015-03-31 20.30 0.41 1.11
2014-12-31 19.94 0.70 2.50
2014-09-30 19.94 0.70 2.50
2014-06-30 20.27 0.54 7.91
2014-03-31 20.27 0.54 7.91
2013-12-31 21.04 0.65 10.11
2013-09-30 21.04 0.65 10.11
2013-06-30 14.13 0.00 8.67
2013-03-31 14.13 0.00 8.67
2012-12-31 8.96 0.00 2.85
2012-09-30 8.96 0.00 2.85
2012-06-30 10.30 0.00 6.64
2012-03-31 10.30 0.00 6.64
  • Warrego Energy has no debt.
  • Warrego Energy has no debt compared to 5 years ago when it was 3.1%.
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.

  • Warrego Energy has less than a year of cash runway based on current free cash flow.
  • Warrego Energy has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.8% each year.
X
Financial health checks
We assess Warrego Energy'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. Warrego Energy has a total score of 3/6, 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.

PRL Dividends

 What is Warrego Energy'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 Warrego Energy dividends.
If you bought A$2,000 of Warrego Energy 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 Warrego Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Warrego Energy'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:PRL 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 0 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.7%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Warrego Energy has not reported any payouts.
  • Unable to verify if Warrego Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Warrego Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Warrego Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Warrego Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - 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 Warrego Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Warrego Energy 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.

PRL Management

 What is the CEO of Warrego Energy'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
Dennis Donald
TENURE AS CEO 0 years
CEO Bio

Mr. Dennis Donald has been Managing Director, Chief Executive Officer and Director of Petrel Energy Limited since March 15, 2019. Mr. Donald serves as the Managing Director at Warrego Energy Ltd.

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

Ian Kirkham

TITLE
Company Secretary & CFO
COMPENSATION
A$208K
AGE
53
TENURE
6.5 yrs

Dennis Donald

TITLE
CEO, MD & Executive Director

Duncan MacNiven

TITLE
Executive Director and Executive Director of Approvals

Owain Philip Franks

TITLE
Executive Director and Executive Director of Finance
AGE
62
Board of Directors

Greg Columbus

TITLE
Chairman
TENURE
0.3 yrs

Dennis Donald

TITLE
CEO, MD & Executive Director

Duncan MacNiven

TITLE
Executive Director and Executive Director of Approvals

Owain Philip Franks

TITLE
Executive Director and Executive Director of Finance
AGE
62

David Arthur Biggs

TITLE
Non-Executive Director

Mark Routh

TITLE
Non-Executive Director
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$) Value (A$)
14. Aug 18 Buy Discovery Investments Pty. Ltd. Company 10. May 17 13. Aug 18 7,326,681 A$0.69 A$426,742
14. Aug 18 Buy Alexander Sundich Individual 13. Aug 18 13. Aug 18 1,461,905 A$0.04 A$61,371
X
Management checks
We assess Warrego Energy'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. Warrego Energy 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.

PRL News

Simply Wall St News

Should You Worry About Petrel Energy Limited's (ASX:PRL) CEO Pay?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does David Casey's Compensation Compare With Similar Sized Companies. … It would therefore appear that Petrel Energy Limited pays David Casey more than the median CEO remuneration at companies of a similar size, in the same market

Simply Wall St -

Is Petrel Energy Limited's (ASX:PRL) Balance Sheet A Threat To Its Future?

Investors are always looking for growth in small-cap stocks like Petrel Energy Limited (ASX:PRL), with a market cap of AU$3.52m. … However, an important fact which most ignore is: how financially healthy is the business?

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Are Petrel Energy Limited's (ASX:PRL) Interest Costs Too High?

Over the past year, PRL has maintained its debt levels at around AU$429.84K , which is mainly comprised of near term debt. … At this constant level of debt, PRL currently has AU$3.58M remaining in cash and short-term investments , ready to deploy into the business. … Looking at PRL’s most recent AU$2.12M liabilities, the company has maintained a safe level of current assets to meet its obligations, with the current ratio last standing at 2.38x.

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Petrel Energy Limited (ASX:PRL): Risks You Need To Consider Before Buying

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … PRL, with its market capitalisation of AU$6.16M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … Therefore, this is a type of risk which is associated with higher beta.

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What You Must Know About Petrel Energy Limited's (ASX:PRL) Major Investors

When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … This level of insider ownership has been found to have a negative impact on companies with consistently low PE ratios (underperformers), while it has been positive in the case of high PE ratio firms (outperformers). … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: With a low level of institutional ownership, investors in PRL need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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Why Petrel Energy Limited's (ASX:PRL) CEO Salary Matters To You

View our latest analysis for Petrel Energy Did Casey create value? … PRL can create value to shareholders by increasing its profitability, which in turn is reflected into the share price and the investor's ability to sell their shares at higher capital gains. … Normally I'd use market cap and profit as factors determining performance, however, PRL's negative earnings lower the effectiveness of this method.

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What Investors Should Know About Petrel Energy Limited's (ASX:PRL) Financial Strength

At this constant level of debt, PRL currently has AU$3.58M remaining in cash and short-term investments for investing into the business. … PRL’s level of debt is low relative to its total equity, at 1.33%. … Risk around debt is extremely low for PRL, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: Although PRL’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

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With A -13.08% Earnings Drop, Is Petrel Energy Limited's (ASX:PRL) Performance A Concern?

When Petrel Energy Limited (ASX:PRL) released its most recent earnings update (30 June 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … View our latest analysis for Petrel Energy Was PRL's weak performance lately a part of a long-term decline? … Petrel Energy's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

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PRL Company Info

Description

Petrel Energy Limited engages in the exploration and development of oil and gas resources. It holds interests in the Piedra Sola and Salto concessions covering an area of 3.5 million acres located in the Norte Basin, Uruguay; Tesorillo project covering an area of 94,000 acres located in the Cadiz Province, Southern Spain; and North Perth Basin project located in Western Australia. The company was formerly known as Orion Petroleum Limited and changed its name to Petrel Energy Limited in January 2012. Petrel Energy Limited is based in Sydney, Australia.

Details
Name: Warrego Energy Limited
PRL
Exchange: ASX
Founded:
A$53,282,523
507,452,608
Website: http://www.petrelenergy.com
Address: Warrego Energy Limited
10 Bridge Street,
Level 6,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX PRL Ordinary Shares Australian Securities Exchange AU AUD 12. Dec 2007
DB 3O2 Ordinary Shares Deutsche Boerse AG DE EUR 12. Dec 2007
ASX PRLDA NPV DFD 27/03/19(EX-SPLT) Australian Securities Exchange AU AUD 19. Mar 2019
Number of employees
Current staff
Staff numbers
0
Warrego Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/28 10:33
End of day share price update: 2019/03/27 00:00
Last earnings filing: 2019/03/14
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.