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Red Sky Energy

ASX:ROG
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ROG
ASX
A$4M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Red Sky Energy Limited engages in the exploration and development of oil and gas properties in the United States. The last earnings update was 23 days ago. More info.


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  • Red Sky Energy has significant price volatility in the past 3 months.
ROG Share Price and Events
7 Day Returns
0%
ASX:ROG
0.8%
AU Oil and Gas
-0%
AU Market
1 Year Returns
0%
ASX:ROG
3.8%
AU Oil and Gas
4.9%
AU Market
ROG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Red Sky Energy (ROG) 0% 33.3% 100% 0% -92% -96%
AU Oil and Gas 0.8% -0.9% 5.6% 3.8% 30.5% -32%
AU Market -0% 1.4% 6.5% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • ROG underperformed the Oil and Gas industry which returned 3.8% over the past year.
  • ROG underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
ROG
Industry
5yr Volatility vs Market

Value

 Is Red Sky 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 Red Sky Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.004.
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 Red Sky Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Red Sky Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:ROG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:ROG Share Price ** ASX (2019-04-17) in AUD A$0
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 Red Sky Energy.

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

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

= 0 ÷ 0.00

-2.41x

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

  • Red Sky Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Red Sky Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Red Sky Energy's expected growth come at a high price?
Raw Data
ASX:ROG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.41x
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 Red Sky Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Red Sky Energy's assets?
Raw Data
ASX:ROG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:ROG Share Price * ASX (2019-04-17) in AUD A$0
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:ROG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0 ÷ 0.00

4.4x

* Primary Listing of Red Sky Energy.

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

  • Red Sky Energy is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Red Sky 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. Red Sky 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 Red Sky 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 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 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 Red Sky Energy expected to grow at an attractive rate?
  • Unable to compare Red Sky Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Red Sky Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Red Sky Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:ROG 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 6.7%
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:ROG 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 AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:ROG Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -1
2018-09-30 0 -1 -1
2018-06-30 0 0 -1
2018-03-31 0 0 -1
2017-12-31 0 0 -1
2017-09-30 0 0 -2
2017-06-30 0 -1 -3
2017-03-31 0 0 -3
2016-12-31 0 0 -3
2016-06-30 0 -1 -2
2016-03-31 0 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Red Sky Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Red Sky 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:ROG 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 Red Sky Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:ROG Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 -0.01
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.02
2016-06-30 -0.02
2016-03-31 -0.02

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

Next steps:

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

ASX:ROG 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 0.00 -1.16 1.15
2018-09-30 0.00 -1.11 1.13
2018-06-30 0.00 -1.07 1.14
2018-03-31 0.00 -1.03 1.07
2017-12-31 0.00 -0.99 0.97
2017-09-30 0.01 -1.80 0.64
2017-06-30 0.02 -2.60 0.30
2017-03-31 0.02 -2.71 0.43
2016-12-31 0.02 -2.82 0.57
2016-06-30 0.01 -1.86 1.61
2016-03-31 0.01 -1.93 1.71
2015-12-31 0.01 -2.00 1.81
2015-06-30 -0.13 -0.90 0.81
2015-03-31 -0.06 -0.79 0.75
2014-12-31 0.01 -0.68 0.69
2014-06-30 0.15 -0.93 1.10
2014-03-31 0.08 -1.02 1.15
2013-12-31 0.01 -1.11 1.20
2013-06-30 0.01 -1.04 1.17
2013-03-31 0.02 -0.96 1.04
2012-12-31 0.02 -0.88 0.90
2012-09-30 0.02 -1.72 -0.96
2012-06-30 0.03 -1.67 -2.92

*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 Red Sky 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 Red Sky 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 Red Sky 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 Red Sky 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.
Red Sky 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 Red Sky 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 Red Sky Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Red Sky Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Red Sky Energy has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Red Sky 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 covered by short term assets, assets are 1.4x 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 Red Sky Energy Company Filings, last reported 3 months ago.

ASX:ROG Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.75 0.11 0.09
2018-09-30 0.75 0.11 0.09
2018-06-30 0.46 0.00 0.02
2018-03-31 0.46 0.00 0.02
2017-12-31 0.90 0.02 0.21
2017-09-30 0.90 0.02 0.21
2017-06-30 0.04 1.15 0.44
2017-03-31 0.04 1.15 0.44
2016-12-31 0.26 0.65 0.19
2016-06-30 3.98 0.35 0.14
2016-03-31 3.98 0.35 0.14
2015-12-31 4.64 0.11 0.14
2015-06-30 0.61 0.00 0.20
2015-03-31 0.61 0.00 0.20
2014-12-31 0.98 0.00 0.39
2014-06-30 1.93 0.00 0.62
2014-03-31 1.93 0.00 0.62
2013-12-31 2.47 0.00 0.57
2013-06-30 4.44 0.00 1.30
2013-03-31 4.44 0.00 1.30
2012-12-31 5.09 0.00 1.11
2012-09-30 5.09 0.00 1.11
2012-06-30 5.01 0.00 0.27
  • Red Sky Energy's level of debt (15%) 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 15% 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.

  • Red Sky Energy has less than a year of cash runway based on current free cash flow.
  • Red Sky Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -35.9% each year.
X
Financial health checks
We assess Red Sky 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. Red Sky Energy has a total score of 2/6, 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 Red Sky 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 Red Sky Energy dividends.
If you bought A$2,000 of Red Sky 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 Red Sky Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Red Sky 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:ROG 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 Red Sky Energy has not reported any payouts.
  • Unable to verify if Red Sky Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Red Sky Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Red Sky 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 Red Sky 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 Red Sky Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Red Sky 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 Red Sky 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
Andrew Knox
AGE 56
TENURE AS CEO 0.8 years
CEO Bio

Mr. Andrew Melville Knox, B.Com, CA, CPA, FAICD has been Chief Executive Officer and Managing Director of Red Sky Energy Ltd since July 6, 2018. Mr. Knox served as the Chief Financial Officer and Company Secretary of Cue Energy Resources Limited until July 3, 2017. Mr. Knox served as Public Officer of Cue Energy Resources Limited. He has over 25 years experience in the upstream oil and gas industry, predominantly in Australasia, South East Asia and North America. He serves as a Director of several public companies in the resource sector. Mr. Knox served as Director of Cue Energy Resources Limited from September 16, 2009 to October 9, 2009. He served as a Non-Executive Director of Rimfire Pacific Mining NL from July 8, 2005 to March 31, 2011. He served as a Director of Bambuu Ltd., since February 13, 2001. Mr. Knox holds a B.Com degree from the University of Western Australia.

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

Average tenure of the Red Sky Energy management team in years:

0.8
Average Tenure
  • The average tenure for the Red Sky Energy management team is less than 2 years, this suggests a new team.
Management Team

Adrien Wing

TITLE
Company Secretary & Non-Executive Director
COMPENSATION
A$119K
AGE
44
TENURE
8.2 yrs

Andrew Knox

TITLE
CEO & MD
AGE
56
TENURE
0.8 yrs

Pauline Moffatt

TITLE
Joint Company Secretary
TENURE
0.3 yrs

Phillip Cooney

TITLE
Manager of Exploration
COMPENSATION
A$20K
Board of Directors

Guy Le Page

TITLE
Non-Executive Chairman
COMPENSATION
A$59K
AGE
53

Adrien Wing

TITLE
Company Secretary & Non-Executive Director
COMPENSATION
A$119K
AGE
44
TENURE
2.3 yrs

Clinton Carey

TITLE
Non-Executive Director
COMPENSATION
A$146K
AGE
48
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Red Sky 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. Red Sky 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

The Red Sky Energy Share Price Is Down 99% So Some Shareholders Are Very Salty

We don't think Red Sky Energy's revenue of AU$2,152 is enough to establish significant demand. … As a result, we think it's unlikely shareholders are paying much attention to current revenue, but rather speculating on growth in the years to come. … But with the share price diving 58% per year, over 5 years, it's probably fair to say that some shareholders no longer believe the company will succeed.

Simply Wall St -

Could The Red Sky Energy Limited (ASX:ROG) Ownership Structure Tell Us Something Useful?

A look at the shareholders of Red Sky Energy Limited (ASX:ROG) can tell us which group is most powerful. … With a market capitalization of AU$1.2m, Red Sky Energy is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Red Sky Energy

Simply Wall St -

Red Sky Energy Limited (ASX:ROG): Time For A Financial Health Check

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is ROG growing fast enough to value financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

Who Are The Major Shareholders Of Red Sky Energy Limited (ASX:ROG)?

The big shareholder groups in Red Sky Energy Limited (ASX:ROG) have power over the company. … With a market capitalization of AU$2m, Red Sky Energy is a small cap stock, so it might not be well known by many institutional investors. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St -

Is Red Sky Energy Limited's (ASX:ROG) Balance Sheet Strong Enough To Weather A Storm?

Red Sky Energy Limited (ASX:ROG) is a small-cap stock with a market capitalization of AU$1.83m. … 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. … Companies operating in the Oil and Gas industry,

Simply Wall St -

What does Red Sky Energy Limited's (ASX:ROG) Balance Sheet Tell Us About Its Future?

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. … ASX:ROG Historical Debt Apr 24th 18 Is ROG’s debt level acceptable? … ROG’s level of debt is low relative to its total equity, at 2.55%.

Simply Wall St -

Who Are The Major Shareholders In Red Sky Energy Limited (ASX:ROG)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors should dig deeper into ROG's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in ROG need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Is Red Sky Energy Limited's (ASX:ROG) CEO Overpaid Relative To Its Peers?

Since earnings are heading towards the right direction, CEO pay should mirror Carey's value creation for shareholders. … ASX:ROG Past Future Earnings Apr 3rd 18 Is ROG's CEO overpaid relative to the market? … Typically I would use earnings and market cap to account for variations in performance, however, ROG's negative earnings reduces the effectiveness of this method.

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Red Sky Energy Limited's (ASX:ROG) Earnings Dropped -39.62%, Did Its Industry Show Weakness Too?

When Red Sky Energy Limited's (ASX:ROG) announced its latest earnings (30 June 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Red Sky Energy's average earnings over the past couple of years, and its industry performance. … Each year, for the past five years Red Sky Energy has seen an annual decline in revenue of -31.83%, on average.

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Future Outlook Of The Energy Industry And Red Sky Energy Limited (ASX:ROG)

Today, I will analyse the industry outlook, and also determine whether Red Sky Energy is a laggard or leader relative to its energy sector peers. … ASX:ROG Past Future Earnings Jan 30th 18 The oil price collapse triggered a wave of cost reduction among energy businesses as the sector as a whole faced negative growth over the past five years. … However, recently the sector saw a reversal in the downturn, and over the past year, the industry turnaround led to growth of over 50%, beating the Australian market growth of 6.98%.

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Company Info

Description

Red Sky Energy Limited engages in the exploration and development of oil and gas properties in the United States. It holds interest in the Gold Nugget gas field located in the Wind River Basin, Wyoming. The company is based in Melbourne, Australia. Red Sky Energy Limited is a subsidiary of Paramount Resources (TEC) Ltd.

Details
Name: Red Sky Energy Limited
ROG
Exchange: ASX
Founded:
A$4,452,835
1,113,208,794
Website: http://www.redskyenergy.com.au
Address: Red Sky Energy Limited
500 Collins Street,
Level 17,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX ROG Ordinary Shares Australian Securities Exchange AU AUD 23. May 2007
Number of employees
Current staff
Staff numbers
0
Red Sky Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 10:33
End of day share price update: 2019/04/17 00:00
Last earnings filing: 2019/03/29
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.