3D Oil Limited explores for and develops upstream oil and gas assets in Australia.
Flawless balance sheet with weak fundamentals.
Share Price & News
How has 3D Oil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TDO has not had significant price volatility in the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: TDO underperformed the Australian Oil and Gas industry which returned -12.3% over the past year.
Return vs Market: TDO underperformed the Australian Market which returned 11.6% over the past year.
Price Volatility Vs. Market
How volatile is 3D Oil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWe Think 3D Oil (ASX:TDO) Needs To Drive Business Growth Carefully
2 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The 3D Oil Limited's (ASX:TDO) Shareholder Register?
3 months ago | Simply Wall StAnnouncing: 3D Oil (ASX:TDO) Stock Increased An Energizing 146% In The Last Three Years
Is 3D Oil undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TDO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TDO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TDO is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: TDO 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 TDO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TDO is overvalued based on its PB Ratio (1.8x) compared to the AU Oil and Gas industry average (1.1x).
How is 3D Oil forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 3D Oil 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.
- Examine 3D Oil's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 3D Oil competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has 3D Oil performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TDO is currently unprofitable.
Growing Profit Margin: TDO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TDO is unprofitable, but has reduced losses over the past 5 years at a rate of 1.9% per year.
Accelerating Growth: Unable to compare TDO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TDO is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (14.4%).
Return on Equity
High ROE: TDO has a negative Return on Equity (-9.28%), as it is currently unprofitable.
How is 3D Oil's financial position?
Financial Position Analysis
Short Term Liabilities: TDO's short term assets (A$2.0M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: TDO's short term assets (A$2.0M) exceed its long term liabilities (A$8.2K).
Debt to Equity History and Analysis
Debt Level: TDO is debt free.
Reducing Debt: TDO has no debt compared to 5 years ago when its debt to equity ratio was 3%.
Inventory Level: TDO has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if TDO's debt is covered by short term assets.
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: TDO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TDO has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 16.3% each year.
What is 3D Oil's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TDO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TDO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TDO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TDO'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 TDO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Noel Newell 0
Mr. Noel Newell, B App Sc (App Geol), is the Founder of 3D Oil Limited and serves as its Managing Director. Mr. Newel has been an Executive Chairman of 3D Oil Limited since February 2, 2017 and served as i ...
CEO Compensation Analysis
Compensation vs Market: Noel's total compensation ($USD236.02K) is about average for companies of similar size in the Australian market ($USD251.50K).
Compensation vs Earnings: Noel's compensation has been consistent with company performance over the past year.
|Executive Chairman & MD||0yrs||AU$356.80k||16.66% A$3.8m|
|Non-Executive Director||4.1yrs||AU$47.25k||0.16% A$36.4k|
|Non Executive Director||6.1yrs||AU$45.00k||0.25% A$55.3k|
Experienced Board: TDO's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TDO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.2%.
3D Oil Limited's company bio, employee growth, exchange listings and data sources
- Name: 3D Oil Limited
- Ticker: TDO
- Exchange: ASX
- Founded: 2003
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$22.541m
- Shares outstanding: 265.19m
- Website: https://www.3doil.com.au
- 3D Oil Limited
- 41 Exhibition Street
- Level 18
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MUE||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 2007|
|TDO||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Nov 2007|
|TDO||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Nov 2007|
|TOIL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 2007|
3D Oil Limited explores for and develops upstream oil and gas assets in Australia. It owns 24.9% interest in the VIC/P57 exploration permit totaling an area of 246 square kilometers located in the offshore Gippsland Basin, Victoria; and 100% interest in the T/49P exploration permit covering an area of 4,960 square kilometers located in the offshore Otway Basin, Tasmania. The company also holds 100% interest in WA/527-P exploration permit covering an area of 6,500 square kilometers located in the offshore Roebuck Basin; and VIC/P74 exploration permit totaling an area of 1006 square kilometers located in the offshore Gippsland Basin, Victoria. The company was incorporated in 2003 and is based in Melbourne, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 10:36|
|End of Day Share Price||2020/02/25 00:00|
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.