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Petsec Energy

ASX:PSA
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PSA
ASX
A$26M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Petsec Energy Ltd operates as an independent oil and gas exploration and production company. The last earnings update was 56 days ago. More info.


Add to Portfolio Compare Print
  • Petsec Energy has significant price volatility in the past 3 months.
PSA Share Price and Events
7 Day Returns
1.4%
ASX:PSA
0.8%
AU Oil and Gas
-0%
AU Market
1 Year Returns
-27.8%
ASX:PSA
3.8%
AU Oil and Gas
4.9%
AU Market
PSA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Petsec Energy (PSA) 1.4% -30% -36.4% -27.8% -41.7% -11.4%
AU Oil and Gas 0.8% -1.5% 5.1% 3.8% 30.5% -32%
AU Market -0% 1% 6.3% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • PSA underperformed the Oil and Gas industry which returned 3.8% over the past year.
  • PSA underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
PSA
Industry
5yr Volatility vs Market

Value

 Is Petsec 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
  • It is not possible to calculate the future cash flow value for Petsec Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.07.
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 Petsec Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Petsec Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:PSA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.03
ASX:PSA Share Price ** ASX (2019-04-18) in AUD A$0.07
ASX:PSA Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.715 $0.05
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

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

** Primary Listing of Petsec Energy.

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

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

= 0.05 ÷ -0.03

-1.63x

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

  • Petsec Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Petsec Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Petsec Energy's expected growth come at a high price?
Raw Data
ASX:PSA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.63x
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 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 360 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 Petsec Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Petsec Energy's assets?
Raw Data
ASX:PSA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.00
ASX:PSA Share Price * ASX (2019-04-18) in AUD A$0.07
ASX:PSA Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.715 $0.05
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:PSA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.05 ÷ 0.00

17.38x

* Primary Listing of Petsec Energy.

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

  • Petsec Energy is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Petsec 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. Petsec 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.

Future Performance

 How is Petsec 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 Petsec 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
4.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Petsec Energy expected to grow at an attractive rate?
  • Unable to compare Petsec Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Petsec Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Petsec Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:PSA Future Growth Rates Data Sources
Data Point Source Value (per year)
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 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*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:PSA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:PSA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 3 -4 -10
2018-09-30 3 -4 -13
2018-06-30 2 -4 -16
2018-03-31 2 -5 -14
2017-12-31 1 -5 -12
2017-09-30 1 -6 -11
2017-06-30 1 -7 -10
2017-03-31 1 -7 -12
2016-12-31 1 -7 -13
2016-09-30 1 -6 -13
2016-06-30 1 -5 -12
2016-03-31 1 -5 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Petsec Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Petsec 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:PSA 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 0 Analyst Estimates (S&P Global) See Below

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

ASX:PSA Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.04
2018-06-30 -0.05
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.04
2017-06-30 -0.04
2017-03-31 -0.05
2016-12-31 -0.06
2016-09-30 -0.05
2016-06-30 -0.05
2016-03-31 -0.05

*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 Petsec Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Petsec 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. Petsec 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 Petsec 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.
Petsec 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.

Past Performance

  How has Petsec 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 Petsec 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.
  • Petsec Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Petsec Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Petsec Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Petsec 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 Petsec Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:PSA 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 3.14 -10.05
2018-09-30 2.77 -12.84 0.10
2018-06-30 2.41 -15.63 0.19
2018-03-31 1.86 -13.80 0.19
2017-12-31 1.32 -11.96 0.19
2017-09-30 1.35 -10.99 0.13
2017-06-30 1.39 -10.01 0.08
2017-03-31 1.24 -11.52 0.49
2016-12-31 1.09 -13.02 0.90
2016-09-30 1.17 -12.54 -0.30
2016-06-30 1.25 -12.05 -1.50
2016-03-31 1.41 -11.33 -0.75
2015-12-31 1.57 -10.61 0.01
2015-09-30 1.65 -8.35 0.58
2015-06-30 1.72 -6.09 1.15
2015-03-31 4.96 -3.57 0.60
2014-12-31 8.19 -1.05 0.05
2014-09-30 11.46 -4.83 0.51
2014-06-30 14.72 -8.61 0.96
2014-03-31 15.57 -11.91 0.39
2013-12-31 16.42 -15.21 -0.17
2013-09-30 15.25 -10.58 0.29
2013-06-30 14.08 -5.95 0.75
2013-03-31 11.32 -5.90 1.06
2012-12-31 8.56 -5.86 1.37
2012-06-30 7.45 -22.81 0.82

*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 Petsec 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 Petsec 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 Petsec 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 Petsec 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.
Petsec 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.

Health

 How is Petsec 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 Petsec Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Petsec Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Petsec Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Petsec 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.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x 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 Petsec Energy Company Filings, last reported 3 months ago.

ASX:PSA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.96 9.48 2.60
2018-09-30 0.96 9.48 2.60
2018-06-30 2.09 5.28 1.55
2018-03-31 2.09 5.28 1.55
2017-12-31 6.99 5.57 3.26
2017-09-30 6.99 5.57 3.26
2017-06-30 16.37 4.49 6.02
2017-03-31 16.37 4.49 6.02
2016-12-31 18.10 3.30 9.50
2016-09-30 18.10 3.30 9.50
2016-06-30 18.02 0.00 5.49
2016-03-31 18.02 0.00 5.49
2015-12-31 23.79 0.00 9.14
2015-09-30 23.79 0.00 9.14
2015-06-30 30.87 0.00 18.59
2015-03-31 30.87 0.00 18.59
2014-12-31 34.25 0.00 27.29
2014-09-30 34.25 0.00 27.29
2014-06-30 36.72 0.00 22.91
2014-03-31 36.72 0.00 22.91
2013-12-31 35.42 0.00 20.12
2013-09-30 35.42 0.00 20.12
2013-06-30 46.53 0.00 18.89
2013-03-31 46.53 0.00 18.89
2012-12-31 51.93 0.00 23.02
2012-06-30 52.20 0.00 28.70
  • Petsec Energy's level of debt (986.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 986.8% 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.

  • Petsec Energy has less than a year of cash runway based on current free cash flow.
  • Petsec Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -33.2% each year.
X
Financial health checks
We assess Petsec 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. Petsec Energy 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.

Dividends

 What is Petsec 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 Petsec Energy dividends.
If you bought A$2,000 of Petsec 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 Petsec Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Petsec 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:PSA 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 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

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 Petsec Energy has not reported any payouts.
  • Unable to verify if Petsec Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Petsec Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Petsec 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 Petsec Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - 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 Petsec Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Petsec 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.

Management

 What is the CEO of Petsec 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
Syed Bokhari
TENURE AS CEO 0 years
CEO Bio

Mr. Syed Wamiq Bokhari serves as Managing Director at Petsec Energy Ltd since April, 2019. He served as the Chief Executive Officer, Managing Director and Director at Pakistan Petroleum Ltd. since March 16, 2015 until June 2018. Mr. Bokhari serves as a Director on the board of PPL's wholly-owned subsidiaries PPL Asia E&P B.V. and PPL Europe E&P Limited. He has over 30 years of management experience mainly with three international majors: Kuwait Foreign Petroleum Exploration Company (KUFPEC), Eni S.p.A. and Atlantic Richfield Company, USA. He served as the Chairman of Pakistan Association of Petroleum Geoscientists and been a member of Society of Petroleum Engineers and Pakistan Petroleum Exploration and Production Companies Association in addition to being on the advisory board of the Petroleum Engineering Department at NED University of Engineering and Technology, Karachi. Mr. Bokhari holds a Bachelor’s and Master’s in Petroleum Engineering from University of Texas, USA.

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

Average tenure of the Petsec Energy management team in years:

7.2
Average Tenure
  • The average tenure for the Petsec Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Terry Fern

TITLE
Executive Chairman
COMPENSATION
$493K
AGE
70

Ross Keogh

TITLE
Group Chief Financial Officer
COMPENSATION
$365K
AGE
58
TENURE
7.2 yrs

Paul Gahdmar

TITLE
Group Financial Controller & Company Secretary
COMPENSATION
$205K
TENURE
10.3 yrs

Maki Petkovski

TITLE
Chief Executive Officer of Petsec Energy (Middle Eastern) Limited
COMPENSATION
$362K
TENURE
4.1 yrs

Syed Bokhari

TITLE
Managing Director

Manny Anton

TITLE
Head of Investor Relations & Corporate Development
TENURE
3.3 yrs

Ron Krenzke

TITLE
Executive Vice President of Exploration for Petsec Energy Inc
COMPENSATION
$436K
TENURE
9.4 yrs
Board of Directors

Terry Fern

TITLE
Executive Chairman
COMPENSATION
$493K
AGE
70

David Mortimer

TITLE
Independent Non-Executive Director
COMPENSATION
$53K
AGE
73
TENURE
34.3 yrs

Alan Baden

TITLE
Independent Non-Executive Director
COMPENSATION
$50K
TENURE
5.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Petsec 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. Petsec 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.

News

Simply Wall St News

If You Had Bought Petsec Energy (ASX:PSA) Shares Five Years Ago You'd Have Made 11%

For example, long term Petsec Energy Ltd (ASX:PSA) shareholders have enjoyed a 11% share price rise over the last half decade, well in excess of the market return of around 5.1% (not including dividends). … It seems likely some shareholders believe that Petsec Energy will discover or develop new oil or gas reserves before too long. … Our data indicates that Petsec Energy had net debt of US$19,974,000 when it last reported in December 2018.

Simply Wall St -

What Percentage Of Petsec Energy Ltd (ASX:PSA) Shares Do Insiders Own?

Every investor in Petsec Energy Ltd (ASX:PSA) should be aware of the most powerful shareholder groups. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

What Kind Of Investor Owns Most Of Petsec Energy Ltd (ASX:PSA)?

A look at the shareholders of Petsec Energy Ltd (ASX:PSA) can tell us which group is most powerful. … Petsec Energy is not a large company by global standards. … View our latest analysis for Petsec Energy

Simply Wall St -

Is Petsec Energy Ltd's (ASX:PSA) Balance Sheet A Threat To Its Future?

Petsec Energy Ltd (ASX:PSA) is a small-cap stock with a market capitalization of US$65.72m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Oil and Gas companies,

Simply Wall St -

Before You Buy Petsec Energy Ltd's (ASX:PSA), Consider This

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … PSA's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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Petsec Energy Ltd (ASX:PSA): Time For A Financial Health Check

Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … Looking at PSA’s most recent US$3.35M liabilities, it appears that the company has been able to meet these commitments with a current assets level of US$4.11M, leading to a 1.23x current account ratio. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: At its current level of cash flow coverage, PSA has room for improvement to better cushion for events which may require debt repayment.

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Did Petsec Energy Ltd's (ASX:PSA) Recent Earnings Growth Beat The Trend?

In this article, I will take a look at Petsec Energy Ltd's (ASX:PSA) most recent earnings update (31 December 2017) and compare these latest figures against its performance over the past few years, along with how the rest of PSA's industry performed. … See our latest analysis for Petsec Energy Were PSA's earnings stronger than its past performances and the industry? … Each year, for the past five years Petsec Energy has seen an annual decline in revenue of -34.72%, on average.

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What Kind Of Risk And Return Should You Expect For Petsec Energy Ltd (ASX:PSA)?

Petsec Energy's beta of 0.36 indicates that the stock value will be less variable compared to the whole stock market. … PSA’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … This outcome contradicts PSA’s current beta value which indicates a below-average volatility.

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Who Are Petsec Energy Ltd's (ASX:PSA) Major Shareholders?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Another important group of owners for potential investors in PSA are private companies that hold a stake of 15.87% in PSA. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership level and composition in PSA is not high nor active enough to significantly impact its investment thesis.

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Future Outlook Of The Energy Industry And Petsec Energy Ltd (ASX:PSA)

Below, I will examine the sector growth prospects, and also determine whether Petsec Energy is a laggard or leader relative to its energy sector peers. … View our latest analysis for Petsec Energy What’s the catalyst for Petsec Energy's sector growth? … Next Steps: Petsec Energy has been an energy industry laggard in the past year.

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Company Info

Description

Petsec Energy Ltd operates as an independent oil and gas exploration and production company. It holds working interests in various projects located in the shallow waters of the Gulf of Mexico and onshore Louisiana, the United States, as well as the Middle East and North African region. The company was founded in 1967 and is based in Sydney, Australia.

Details
Name: Petsec Energy Ltd
PSA
Exchange: ASX
Founded: 1967
A$25,801,154
368,587,924
Website: http://www.petsec.com.au
Address: Petsec Energy Ltd
Governor Macquarie Tower,
Level 27,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX PSA Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
CHIA PSA Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
OTCPK PSJE.Y SPONSORED ADR Pink Sheets LLC US USD 23. Jul 1996
Number of employees
Current staff
Staff numbers
0
Petsec Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 10:31
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.