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ROG

Red Sky EnergyASX:ROG Stock Report

Market Cap

AU$47.5m

7D

0%

1Y

350.0%

Updated

20 Oct, 2021

Data

Company Financials
ROG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ROG Overview

Red Sky Energy Limited engages in the acquisition, exploration, and development of oil and gas properties in the United States.

Red Sky Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Red Sky Energy
Historical stock prices
Current Share PriceAU$0.009
52 Week HighAU$0.001
52 Week LowAU$0.019
Beta1.76
1 Month Change12.50%
3 Month Change12.50%
1 Year Change350.00%
3 Year Change350.00%
5 Year Change-82.00%
Change since IPO-99.90%

Recent News & Updates

Shareholder Returns

ROGAU Oil and GasAU Market
7D0%0.2%1.7%
1Y350.0%48.7%20.2%

Return vs Industry: ROG exceeded the Australian Oil and Gas industry which returned 48.7% over the past year.

Return vs Market: ROG exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is ROG's price volatile compared to industry and market?
ROG volatility
ROG Beta1.76
Industry Beta1.28
Market Beta1

Stable Share Price: ROG is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: ROG's weekly volatility has decreased from 33% to 19% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aAndrew Knoxhttps://www.redskyenergy.com.au

Red Sky Energy Limited engages in the acquisition, exploration, and development of oil and gas properties in the United States. The company holds a 100% interest in the Gold Nugget gas field located in the Wind River Basin, Wyoming. It also holds interests in the Flax oil and gas field, the Juniper oil field and the Yarrow gas field located to the north of Innamincka, northeast South Australia.

Red Sky Energy Fundamentals Summary

How do Red Sky Energy's earnings and revenue compare to its market cap?
ROG fundamental statistics
Market CapAU$47.54m
Earnings (TTM)-AU$1.81m
Revenue (TTM)AU$31.21k

0x

P/S Ratio

-26.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ROG income statement (TTM)
RevenueAU$31.21k
Cost of RevenueAU$0
Gross ProfitAU$31.21k
ExpensesAU$1.84m
Earnings-AU$1.81m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00034
Gross Margin100.00%
Net Profit Margin-5,790.98%
Debt/Equity Ratio0.0%

How did ROG perform over the long term?

See historical performance and comparison

Valuation

Is Red Sky Energy undervalued compared to its fair value and its price relative to the market?

12.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ROG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ROG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ROG is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

PE vs Market: ROG is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ROG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ROG is overvalued based on its PB Ratio (12.2x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

How is Red Sky Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.1%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Red Sky 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 SimplyWall St do have past financial data.


Past Performance

How has Red Sky Energy performed over the past 5 years?

7.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ROG is currently unprofitable.

Growing Profit Margin: ROG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ROG is unprofitable, but has reduced losses over the past 5 years at a rate of 7.1% per year.

Accelerating Growth: Unable to compare ROG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ROG is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).


Return on Equity

High ROE: ROG has a negative Return on Equity (-45.72%), as it is currently unprofitable.


Financial Health

How is Red Sky Energy's financial position?


Financial Position Analysis

Short Term Liabilities: ROG's short term assets (A$3.1M) exceed its short term liabilities (A$209.0K).

Long Term Liabilities: ROG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ROG is debt free.

Reducing Debt: ROG has no debt compared to 5 years ago when its debt to equity ratio was 8.9%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ROG has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ROG has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 1.3% each year.


Dividend

What is Red Sky Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ROG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ROG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ROG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ROG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ROG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Andrew Knox (59 yo)

3.25yrs

Tenure

AU$183,910

Compensation

Mr. Andrew Melville Knox, B.Com., CA, CPA, FAICD, has been Chief Executive Officer, Managing Director and Director at Red Sky Energy Limited since July 6, 2018. Mr. Knox is Independent Non-Executive Direct...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD137.50K) is below average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: ROG's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: ROG's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 159.4%.


Top Shareholders

Company Information

Red Sky Energy Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Red Sky Energy Limited
  • Ticker: ROG
  • Exchange: ASX
  • Founded: NaN
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$47.540m
  • Shares outstanding: 5.28b
  • Website: https://www.redskyenergy.com.au

Location

  • Red Sky Energy Limited
  • 480 Collins Street
  • Level 2
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:27
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.