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Sundance Energy Australia

ASX:SEA
Snowflake Description

High growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SEA
ASX
A$289M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The last earnings update was 20 days ago. More info.


Add to Portfolio Compare Print
SEA Share Price and Events
7 Day Returns
-4.7%
ASX:SEA
0.2%
AU Oil and Gas
0.3%
AU Market
1 Year Returns
-31.7%
ASX:SEA
3.4%
AU Oil and Gas
5.2%
AU Market
SEA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sundance Energy Australia (SEA) -4.7% 10.8% -4.7% -31.7% -81.4% -96%
AU Oil and Gas 0.2% -3.5% 5.1% 3.4% 35% -32.6%
AU Market 0.3% 1% 7.2% 5.2% 19.2% 4.9%
1 Year Return vs Industry and Market
  • SEA underperformed the Oil and Gas industry which returned 3.4% over the past year.
  • SEA underperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
SEA
Industry
5yr Volatility vs Market

Value

 Is Sundance Energy Australia 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 Sundance Energy Australia 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 Sundance Energy Australia.

ASX:SEA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12%
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:SEA
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 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.952 (1 + (1- 30%) (146.18%))
1.62
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.62
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.62 * 5.96%)
11.97%

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

The calculations below outline how an intrinsic value for Sundance Energy Australia 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:SEA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 11.97%)
2019 -12.57 Analyst x4 -11.22
2020 37.84 Analyst x2 30.18
2021 89.28 Analyst x1 63.60
2022 140.52 Est @ 57.38% 89.40
2023 197.93 Est @ 40.86% 112.47
2024 255.92 Est @ 29.3% 129.87
2025 310.18 Est @ 21.2% 140.58
2026 358.37 Est @ 15.53% 145.06
2027 399.82 Est @ 11.57% 144.54
2028 434.97 Est @ 8.79% 140.43
Present value of next 10 years cash flows $984.91
ASX:SEA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $434.97 × (1 + 2.31%) ÷ (11.97% – 2.31%)
$4,608.25
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $4,608.25 ÷ (1 + 11.97%)10
$1,487.81
ASX:SEA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $984.91 + $1,487.81
$2,472.72
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,472.72 / 687.46
$3.6
ASX:SEA Discount to Share Price
Calculation Result
Exchange Rate USD/AUD
(Reporting currency to currency of ASX:SEA)
1.395
Value per Share
(AUD)
= Value per Share in USD x Exchange Rate (USD/AUD)
= $3.6 x 1.395
A$5.02
Value per share (AUD) From above. A$5.02
Current discount Discount to share price of A$0.41
= -1 x (A$0.41 - A$5.02) / A$5.02
91.8%

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

Current Discount
Amount off the current price Sundance Energy Australia is available for.
Intrinsic value
>50%
Share price is A$0.41 vs Future cash flow value of A$5.02
Current Discount Checks
For Sundance Energy Australia to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sundance Energy Australia's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sundance Energy Australia's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Sundance Energy Australia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sundance Energy Australia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:SEA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.05
ASX:SEA Share Price ** ASX (2019-04-18) in AUD A$0.41
ASX:SEA Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.717 $0.29
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.88x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.05x

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

** Primary Listing of Sundance Energy Australia.

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

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

= 0.29 ÷ -0.05

-5.47x

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

  • Sundance Energy Australia is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Sundance Energy Australia is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Sundance Energy Australia's expected growth come at a high price?
Raw Data
ASX:SEA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
79.1%per year
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.25x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Sundance Energy Australia, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sundance Energy Australia's assets?
Raw Data
ASX:SEA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.57
ASX:SEA Share Price * ASX (2019-04-18) in AUD A$0.41
ASX:SEA Share Price converted to USD reporting currency Exchange rate (AUD/ USD) 0.717 $0.29
Australia Oil and Gas Industry PB Ratio Median Figure of 144 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.69x
ASX:SEA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.29 ÷ 0.57

0.51x

* Primary Listing of Sundance Energy Australia.

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

  • Sundance Energy Australia is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Sundance Energy Australia'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. Sundance Energy Australia has a total score of 3/6, 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 Sundance Energy Australia expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

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

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
79.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sundance Energy Australia expected to grow at an attractive rate?
  • Sundance Energy Australia's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Sundance Energy Australia's earnings growth is expected to exceed the Australia market average.
  • Sundance Energy Australia's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:SEA Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:SEA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 79.1%
ASX:SEA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 28.7%
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.6%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*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:SEA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:SEA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 353 221 58 2
2020-12-31 352 190 50 6
2019-12-31 262 144 26 4
ASX:SEA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 155 75 -28
2018-09-30 128 49 -104
2018-06-30 105 44 -90
2018-03-31 99 69 -41
2017-12-31 98 75 -22
2017-09-30 94 75 -36
2017-06-30 80 52 -31
2017-03-31 74 49 -33
2016-12-31 62 43 -46
2016-09-30 59 35 -142
2016-06-30 58 47 -262
2016-03-31 71 56 -263

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sundance Energy Australia's earnings are expected to grow significantly at over 20% yearly.
  • Sundance Energy Australia's revenue is expected to grow significantly at over 20% yearly.
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:SEA 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 6 Analyst Estimates (S&P Global) See Below

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

ASX:SEA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.11 0.11 0.11 1.00
2020-12-31 0.08 0.11 0.06 2.00
2019-12-31 0.02 0.02 0.02 1.00
ASX:SEA Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.05
2018-09-30
2018-06-30 -0.37
2018-03-31
2017-12-31 -0.18
2017-09-30
2017-06-30 -0.26
2017-03-31
2016-12-31 -0.52
2016-09-30
2016-06-30 -4.66
2016-03-31 -4.72

*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.
  • Sundance Energy Australia is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Sundance Energy Australia'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.
Sundance Energy Australia has a total score of 5/6, 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 Sundance Energy Australia 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 Sundance Energy Australia'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.
  • Sundance Energy Australia does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Sundance Energy Australia's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sundance Energy Australia's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Sundance Energy Australia'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 Sundance Energy Australia Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:SEA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 155.24 -28.14 49.19
2018-09-30 128.33 -103.54 15.77
2018-06-30 105.20 -90.28 17.01
2018-03-31 98.59 -40.51 17.61
2017-12-31 97.79 -22.44 39.46
2017-09-30 93.93 -36.37 18.56
2017-06-30 79.80 -31.34 16.04
2017-03-31 74.40 -33.18 13.65
2016-12-31 62.41 -45.69 12.74
2016-09-30 58.81 -142.15 16.41
2016-06-30 58.49 -262.24 21.49
2016-03-31 71.46 -263.04 23.02
2015-12-31 86.15 -263.84 24.56
2015-09-30 109.24 -141.44 25.20
2015-06-30 146.26 -19.04 25.83
2015-03-31 153.03 -1.86 26.07
2014-12-31 152.83 15.32 26.31
2014-09-30 142.78 25.58 20.93
2014-06-30 124.29 26.55 16.73
2014-03-31 104.82 21.25 15.75
2013-12-31 79.08 15.94 14.76
2013-09-30 62.59 4.39 14.60
2013-06-30 44.18 78.27 12.40
2013-03-31 39.98 79.67 10.52
2012-12-31 35.77 81.07 8.64
2012-06-30 29.79 6.01 6.86

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sundance Energy Australia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sundance Energy Australia's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Sundance Energy Australia'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 0.3x 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 Sundance Energy Australia Company Filings, last reported 3 months ago.

ASX:SEA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 393.38 302.67 1.58
2018-09-30 328.39 254.79 2.66
2018-06-30 347.42 233.94 6.26
2018-03-31 210.07 189.52 1.07
2017-12-31 177.35 189.31 5.76
2017-09-30 187.59 188.60 6.38
2017-06-30 193.11 188.40 4.32
2017-03-31 200.86 187.50 12.38
2016-12-31 197.82 188.25 17.46
2016-09-30 221.78 188.30 19.98
2016-06-30 163.26 188.11 1.47
2016-03-31 163.26 188.11 1.47
2015-12-31 176.37 187.74 3.56
2015-09-30 176.37 187.74 3.56
2015-06-30 414.92 150.45 3.49
2015-03-31 414.92 150.45 3.49
2014-12-31 435.01 128.94 69.22
2014-09-30 435.01 128.94 69.22
2014-06-30 432.19 79.38 32.60
2014-03-31 432.19 79.38 32.60
2013-12-31 347.24 29.29 96.87
2013-09-30 334.83 29.13 95.43
2013-06-30 330.98 29.46 125.38
2013-03-31 330.98 29.46 125.38
2012-12-31 151.82 29.57 154.11
2012-06-30 74.20 14.66 15.33
  • Sundance Energy Australia's level of debt (76.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (8.6% vs 76.9% 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.

  • Sundance Energy Australia has less than a year of cash runway based on current free cash flow.
  • Sundance Energy Australia has less than a year of cash runway if free cash flow continues to grow at historical rates of 32.4% each year.
X
Financial health checks
We assess Sundance Energy Australia'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. Sundance Energy Australia 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 Sundance Energy Australia'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 Sundance Energy Australia dividends. Estimated to be 0% next year.
If you bought A$2,000 of Sundance Energy Australia 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 Sundance Energy Australia's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sundance Energy Australia'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:SEA 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 6 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 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

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

ASX:SEA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

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

  • Unable to perform a dividend volatility check as Sundance Energy Australia has not reported any payouts.
  • Unable to verify if Sundance Energy Australia's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sundance Energy Australia's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sundance Energy Australia has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Sundance Energy Australia's dividends in 3 years as they are not expected to pay a notable one for Australia.
X
Income/ dividend checks
We assess Sundance Energy Australia'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 Sundance Energy Australia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sundance Energy Australia 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 Sundance Energy Australia'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
Eric McCrady
COMPENSATION $1,043,883
TENURE AS CEO 8 years
CEO Bio

Mr. Eric P. McCrady, BS has been the Chief Executive Officer and Managing Director of Sundance Energy Australia Limited since April 2011 and November 29, 2011 respectively. Mr. McCrady is the Chief Executive Officer at Sundance Energy, Inc. since April 2011. He served as the Chief Financial Officer of Sundance Energy Australia Limited since June 2010. Mr. McCrady is responsible for the financial oversight and forward capital management of Sundance Energy Australia Limited. He oversees finance, corporate controls and accounting, information technology, risk management and human resources. He has an extensive track record in corporate finance, including initial public offerings, going private transactions, senior and mezzanine debt transactions. He led and participated in the negotiation and closing of multiple strategic ventures with major energy companies such as Bucyrus, Caterpillar, Macquarie, Elmrock Capital, Orlando Utility Commission, Headwaters, Shell and Whiting Petroleum. Prior to Sundance, Mr. McCrady held various roles with The Broe Group, GE Capital and American Coin Merchandising. He has been a Director of Sundance Energy Australia Limited since November 29, 2011 and Texon Petroleum Limited since February 27, 2013.

CEO Compensation
  • Eric's compensation has been consistent with company performance over the past year.
  • Eric's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Sundance Energy Australia management team in years:

6.5
Average Tenure
  • The average tenure for the Sundance Energy Australia management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Eric McCrady

TITLE
MD, CEO & Director
COMPENSATION
$1M
TENURE
8 yrs

Cathy Anderson

TITLE
Chief Financial Officer
COMPENSATION
$710K
TENURE
7.3 yrs

Grace Ford

TITLE
Chief Operating Officer
COMPENSATION
$710K
TENURE
0.8 yrs

John Roberts

TITLE
Vice President of Finance & Investor Relations

Damien Connor

TITLE
Company Secretary
TENURE
5.7 yrs
Board of Directors Tenure

Average tenure and age of the Sundance Energy Australia board of directors in years:

7.3
Average Tenure
64.5
Average Age
  • The tenure for the Sundance Energy Australia board of directors is about average.
Board of Directors

Mike Hannell

TITLE
Independent Non Executive Chairman
COMPENSATION
$133K
AGE
78
TENURE
10.3 yrs

Eric McCrady

TITLE
MD, CEO & Director
COMPENSATION
$1M
TENURE
7.4 yrs

Damien Hannes

TITLE
Independent Non-Executive Director
COMPENSATION
$109K
AGE
61
TENURE
9.7 yrs

Henry Holcombe

TITLE
Independent Non-Executive Director
COMPENSATION
$127K
TENURE
6.3 yrs

Neville Martin

TITLE
Independent Non-Executive Director
COMPENSATION
$92K
AGE
68
TENURE
7.3 yrs

Tom Mitchell

TITLE
Independent Non-Executive Director
AGE
58
TENURE
0.5 yrs

Judith Buie

TITLE
Independent Non-Executive Director
TENURE
0.2 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$) Value (A$)
30. Dec 18 Buy Henry Holcombe Individual 28. Dec 18 28. Dec 18 14,800 A$0.36 A$5,399
27. Dec 18 Buy Eric McCrady Individual 20. Dec 18 20. Dec 18 40,000 A$0.33 A$13,196
17. Dec 18 Buy Michael Hannell Individual 17. Dec 18 17. Dec 18 22,000 A$0.45 A$9,790
16. Dec 18 Buy Damien Hannes Individual 14. Dec 18 14. Dec 18 100,000 A$0.46 A$45,750
13. Dec 18 Buy Neville Martin Individual 11. Dec 18 11. Dec 18 10,000 A$0.46 A$4,600
10. Dec 18 Buy Damien Hannes Individual 06. Dec 18 06. Dec 18 100,000 A$0.49 A$49,000
27. Nov 18 Buy Michael Hannell Individual 27. Nov 18 27. Nov 18 35,000 A$0.49 A$17,325
27. Nov 18 Buy Eric McCrady Individual 27. Nov 18 27. Nov 18 75,000 A$0.50 A$37,500
18. Nov 18 Sell Tribeca Investment Partners Pty Ltd. Company 02. Jul 18 07. Nov 18 -538,445 A$0.92 A$-428,821
18. Nov 18 Buy Tribeca Investment Partners Pty Ltd. Company 09. Jul 18 14. Nov 18 9,158,102 A$0.94 A$7,462,617
12. Nov 18 Buy Henry Holcombe Individual 08. Nov 18 08. Nov 18 16,250 A$0.60 A$9,816
31. Oct 18 Sell UBS Asset Management Company 26. Oct 18 29. Oct 18 -743,299 A$0.83 A$-615,077
31. Oct 18 Buy UBS Asset Management Company 26. Oct 18 29. Oct 18 3,772,420 A$0.86 A$3,246,961
29. Oct 18 Sell UBS Asset Management Company 24. Oct 18 25. Oct 18 -513,977 A$0.83 A$-427,697
25. Oct 18 Sell UBS Asset Management Company 27. Sep 18 23. Oct 18 -18,438,758 A$0.92 A$-16,909,671
25. Oct 18 Buy UBS Asset Management Company 27. Sep 18 23. Oct 18 8,263,830 A$0.91 A$7,477,590
30. Sep 18 Sell UBS Asset Management Company 30. Jul 18 26. Sep 18 -20,185,437 A$0.77 A$-15,053,659
30. Sep 18 Buy UBS Asset Management Company 30. Jul 18 26. Sep 18 11,815,977 A$0.75 A$8,771,148
26. Sep 18 Sell Regal Funds Management Pty Limited Company 24. Sep 18 24. Sep 18 -600,600 A$0.77 A$-464,259
25. Sep 18 Sell Regal Funds Management Pty Limited Company 05. Jun 18 21. Sep 18 -19,260,646 A$0.70 A$-13,572,744
25. Sep 18 Buy Regal Funds Management Pty Limited Company 02. May 18 13. Sep 18 10,881,985 A$0.71 A$7,754,341
31. Jul 18 Sell UBS Asset Management Company 11. Jul 18 27. Jul 18 -1,067,773 A$0.72 A$-768,243
31. Jul 18 Buy UBS Asset Management Company 11. Jul 18 27. Jul 18 6,894,081 A$0.72 A$4,958,677
18. Jul 18 Sell Milford Funds Limited Company 09. Jul 18 17. Jul 18 -149,192 A$0.74 A$-109,301
18. Jul 18 Buy Milford Funds Limited Company 09. Jul 18 09. Jul 18 54,347 A$0.73 A$39,673
12. Jul 18 Sell UBS Asset Management Company 14. May 18 10. Jul 18 -11,811,533 A$0.70 A$-8,324,801
12. Jul 18 Buy UBS Asset Management Company 14. May 18 10. Jul 18 6,839,154 A$0.71 A$4,747,904
03. Jul 18 Buy Tribeca Investment Partners Pty Ltd. Company 11. May 18 29. Jun 18 7,743,441 A$0.76 A$5,533,075
01. Jul 18 Buy Eric McCrady Individual 30. Jun 18 30. Jun 18 50,000 A$0.76 A$38,000
28. Jun 18 Buy Neville Martin Individual 27. Jun 18 27. Jun 18 10,000 A$0.68 A$6,800
22. Jun 18 Sell Milford Funds Limited Company 08. May 18 14. May 18 -135,766 A$0.67 A$-90,352
22. Jun 18 Buy Milford Funds Limited Company 26. Mar 18 19. Jun 18 34,375,213 A$0.61 A$21,110,932
20. Jun 18 Buy Henry Holcombe Individual 18. Jun 18 18. Jun 18 9,800 A$0.66 A$6,488
15. May 18 Sell UBS Asset Management Company 10. May 18 11. May 18 -1,129,150 A$0.76 A$-844,725
15. May 18 Buy UBS Asset Management Company 10. May 18 11. May 18 1,245,234 A$0.76 A$926,966
13. May 18 Sell UBS Asset Management Company 10. Jan 18 09. May 18 -8,956,771 A$0.63 A$-5,622,365
13. May 18 Buy UBS Asset Management Company 10. Jan 18 09. May 18 31,064,607 A$0.67 A$18,875,183
14. May 18 Sell Tribeca Investment Partners Pty Ltd. Company 09. May 18 09. May 18 -12,457 A$0.66 A$-8,259
14. May 18 Buy Tribeca Investment Partners Pty Ltd. Company 23. Apr 18 10. May 18 19,130,311 A$0.73 A$12,148,520
03. May 18 Sell Regal Funds Management Pty Limited Company 04. Jan 18 27. Apr 18 -866,633 A$0.55 A$-472,336
03. May 18 Buy Regal Funds Management Pty Limited Company 03. Jan 18 01. May 18 43,645,163 A$0.75 A$32,646,928
03. May 18 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 27. Apr 18 01. May 18 -22,110,540 A$0.64 A$-13,614,311
03. May 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 27. Apr 18 01. May 18 610,260 A$0.62 A$377,904
27. Apr 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 04. Jan 18 24. Apr 18 865,643 A$0.61 A$524,248
27. Apr 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 27. Mar 18 24. Apr 18 47,557,828 A$0.60 A$28,062,030
27. Apr 18 Buy TIGA Trading Pty Ltd, Asset Management Arm Company 24. Apr 18 24. Apr 18 383,743 A$0.59 A$226,409
X
Management checks
We assess Sundance Energy Australia'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. Sundance Energy Australia 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

Those Who Purchased Sundance Energy Australia (ASX:SEA) Shares Five Years Ago Have A 97% Loss To Show For It

For example, we sympathize with anyone who was caught holding Sundance Energy Australia Limited (ASX:SEA) during the five years that saw its share price drop a whopping 97%. … Because Sundance Energy Australia is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … In the last five years Sundance Energy Australia saw its revenue shrink by 3.6% per year.

Simply Wall St -

Is Sundance Energy Australia Limited's (ASX:SEA) CEO Overpaid Relative To Its Peers?

Eric McCrady has been the CEO of Sundance Energy Australia Limited (ASX:SEA) since 2011. … See our latest analysis for Sundance Energy Australia … How Does Eric McCrady's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Type Of Shareholder Owns Sundance Energy Australia Limited's (ASX:SEA)?

If you want to know who really controls Sundance Energy Australia Limited (ASX:SEA), then you'll have to look at the makeup of its share registry. … Sundance Energy Australia is not a large company by global standards. … institutional investors have bought into the company.

Simply Wall St -

Have Insiders Been Buying Sundance Energy Australia Limited (ASX:SEA) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Sundance Energy Australia Limited (ASX:SEA). … The Last 12 Months Of Insider Transactions At Sundance Energy Australia. … Overall, Sundance Energy Australia insiders were net buyers last year

Simply Wall St -

How Financially Strong Is Sundance Energy Australia Limited (ASX:SEA)?

Sundance Energy Australia Limited (ASX:SEA) is a small-cap stock with a market capitalization of AU$481m. … 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. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Does Sundance Energy Australia Limited's (ASX:SEA) CEO Pay Compare Well With Peers?

Eric McCrady has been the CEO of Sundance Energy Australia Limited (ASX:SEA) since 2011. … How Does Eric McCrady's Compensation Compare With Similar Sized Companies. … Our data indicates that Sundance Energy Australia Limited is worth AU$584m, and total annual CEO compensation is US$1m.

Simply Wall St -

Should You Be Concerned About Sundance Energy Australia Limited's (ASX:SEA) Shareholders?

I am going to take a deep dive into Sundance Energy Australia Limited’s (ASX:SEA) most recent ownership structure, not a frequent subject of discussion among individual investors. … Check out our latest analysis for Sundance Energy Australia … ASX:SEA Ownership Summary August 8th 18

Simply Wall St -

Is Sundance Energy Australia Limited's (ASX:SEA) Balance Sheet A Threat To Its Future?

While small-cap stocks, such as Sundance Energy Australia Limited (ASX:SEA) with its market cap of AU$480.74m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Sundance Energy Australia Limited (ASX:SEA): Should The Recent Earnings Drop Worry You?

Examining how Sundance Energy Australia Limited (ASX:SEA) is performing as a company requires looking at more than just a years' earnings. … Below, I will run you through a simple sense check to build perspective on how Sundance Energy Australia is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its oil and gas industry peers. … SEA is loss-making, with the most recent trailing twelve-month earnings of -AU$40.51m (from 31 March 2018), which compared to last year has become.

Simply Wall St -

Should You Buy Sundance Energy Australia Limited (ASX:SEA) When Insiders Do?

See our latest analysis for Sundance Energy Australia Which Insiders Are Buying? … ASX:SEA Insider_trading May 25th 18 More shares have been bought than sold by Sundance Energy Australia insiders in the past three months. … Next Steps: Sundance Energy Australia’s insider meaningful buying activity tells us the shares are currently in favour, which is fairly consistent with earnings growth expectations, as well as the relatively large share price volatility over the same period of trade.

Simply Wall St -

Company Info

Description

Sundance Energy Australia Limited operates as an onshore oil and gas company in the United States. The company explores for, develops, and produces oil and natural gas. Its exploration and development activities are focused on the Eagle Ford project in the South-Texas-Gulf Coast Basin. Sundance Energy Australia Limited was incorporated in 2004 and is based in Wayville, Australia.

Details
Name: Sundance Energy Australia Limited
SEA
Exchange: ASX
Founded: 2004
A$288,734,177
687,462,327
Website: http://www.sundanceenergy.com.au
Address: Sundance Energy Australia Limited
28 Greenhill Road,
Ground Floor,
Wayville,
South Australia, 5034,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX SEA Ordinary Shares Australian Securities Exchange AU AUD 28. Apr 2005
OTCPK SDCJ.F Ordinary Shares Pink Sheets LLC US USD 28. Apr 2005
DB SFF Ordinary Shares Deutsche Boerse AG DE EUR 28. Apr 2005
NasdaqGM SNDE SPONSORED ADS Nasdaq Global Market US USD 16. Apr 2014
Number of employees
Current staff
Staff numbers
56
Sundance Energy Australia employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 10:33
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
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.