Triangle Energy (Global) Future Growth

Future criteria checks 0/6

Triangle Energy (Global) is forecast to grow earnings at 52.5% per annum.

Key information

52.5%

Earnings growth rate

n/a

EPS growth rate

Oil and Gas earnings growth	10.6%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	Low
Last updated	12 Jan 2024

Recent future growth updates

Recent updates

A Piece Of The Puzzle Missing From Triangle Energy (Global) Limited's (ASX:TEG) Share Price

Jul 03

Earnings and Revenue Growth Forecasts

ASX:TEG - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2024	7	-5	N/A	-5	1
12/31/2023	14	-16	-5	0	N/A
9/30/2023	14	-7	-9	-3	N/A
6/30/2023	14	1	-12	-6	N/A
3/31/2023	17	3	-11	-4	N/A
12/31/2022	20	6	-10	-3	N/A
9/30/2022	20	-1	-5	2	N/A
6/30/2022	19	-8	1	6	N/A
3/31/2022	15	-4	-2	3	N/A
12/31/2021	10	0	-5	0	N/A
9/30/2021	8	-2	-7	-3	N/A
6/30/2021	7	-4	-9	-5	N/A
3/31/2021	7	-6	-7	-4	N/A
12/31/2020	8	-9	-6	-3	N/A
9/30/2020	10	-6	-5	-1	N/A
6/30/2020	12	-4	-4	1	N/A
3/31/2020	14	-2	-4	1	N/A
12/31/2019	15	0	-4	0	N/A
9/30/2019	14	-1	-4	1	N/A
6/30/2019	13	-2	-4	1	N/A
3/31/2019	13	-2	-3	1	N/A
12/31/2018	13	-2	-2	1	N/A
9/30/2018	13	-4	-2	1	N/A
6/30/2018	14	-6	-3	0	N/A
3/31/2018	14	-5	-3	0	N/A
12/31/2017	15	-5	-3	0	N/A
9/30/2017	16	-5	N/A	0	N/A
6/30/2017	16	-5	N/A	-1	N/A
12/31/2016	7	-6	N/A	-2	N/A
9/30/2016	3	-3	N/A	-2	N/A
6/30/2016	N/A	0	N/A	-1	N/A
12/31/2015	-1	2	N/A	0	N/A
9/30/2015	0	0	N/A	0	N/A
6/30/2015	0	-1	N/A	-1	N/A
3/31/2015	2	-3	N/A	-2	N/A
12/31/2014	3	-3	N/A	-2	N/A
9/30/2014	4	-3	N/A	-2	N/A
6/30/2014	5	-3	N/A	-3	N/A
3/31/2014	5	-4	N/A	-3	N/A
12/31/2013	5	-4	N/A	-2	N/A
9/30/2013	6	-4	N/A	-1	N/A
6/30/2013	7	-4	N/A	0	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TEG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TEG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TEG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if TEG's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if TEG's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if TEG's Return on Equity is forecast to be high in 3 years time

Triangle Energy (Global) Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Triangle Energy (Global) Limited Announces Production Resumes

Recent updates

Triangle Energy Global Ltd and New Zealand Oil and Gas Ltd. Commence Drilling of the Booth-1 Well in the North Perth Basin

First half 2024 earnings released: AU$0.004 loss per share (vs AU$0.009 profit in 1H 2023)

New minor risk - Profitability

Triangle Energy (Global) Limited, Annual General Meeting, Apr 04, 2024

Triangle Energy (Global) Limited has filed a Follow-on Equity Offering in the amount of AUD 5.06 million.

Triangle Energy (Global) Limited has filed a Follow-on Equity Offering in the amount of AUD 1.516749 million.

Triangle Energy (Global) Limited Identifies Significant Oil Exploration Potential in Its Perth Basin Acreage

MD & Director exercised options to buy AU$182k worth of stock.

Triangle Energy (Global) Limited, Annual General Meeting, Nov 22, 2023

Full year 2023 earnings released: EPS: AU$0.001 (vs AU$0.007 loss in FY 2022)

A Piece Of The Puzzle Missing From Triangle Energy (Global) Limited's (ASX:TEG) Share Price

First half 2023 earnings released: EPS: AU$0.009 (vs AU$0.001 loss in 1H 2022)

No independent directors

Triangle Energy (Global) Limited, Annual General Meeting, Nov 24, 2022

Triangle Energy (Global) Limited (ASX:TEG) completed the acquisition of Production License L7 (R1) and Exploration Permit EP 437 from Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd for AUD 1.1 million.

Full year 2022 earnings released: AU$0.007 loss per share (vs AU$0.007 loss in FY 2021)

Triangle Energy (Global) Limited (ASX:TEG) agreed to acquire Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd from Key Petroleum Limited (ASX:KEY) for AUD 1,1 Million.

Triangle Energy (Global) SHS to Be Deleted from OTC Equity

Triangle Energy (Global) Limited and Pilot Energy Limited Provide Update on Cliff Head Joint Venture

Triangle Energy (Global) Limited Announces Completion of Perth Basin Permit L7 - 3D Seismic Survey

Triangle Energy (Global) Limited Announces L7 Permit Seismic Survey Commences

No independent directors

Triangle Energy (Global) Limited Reviews and Reworked the Highly Prospective L7 Permit

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Triangle Energy (Global) Limited Appoints Greg Hancock as Non-Executive Chairman of the Company

Triangle Energy (Global) Limited Board Appointments

Triangle Energy (Global) Limited Announces Resignation of Robert Towner as Chief Executive Officer

Full year 2021 earnings released: AU$0.007 loss per share (vs AU$0.011 loss in FY 2020)

Less than half of directors are independent

Triangle Energy (Global) Limited Provides Cliff Head Operations Update

Triangle Energy (Global) Limited Completes Review of the Prospects and Leads Portfolio Within the L7(R1) Licence (L7)

Triangle Energy (Global) Limited has completed a Follow-on Equity Offering in the amount of AUD 0.12 million.

Triangle Energy (Global) Limited announced that it expects to receive AUD 10 million in funding

Triangle Energy (Global) Limited (ASX:TEG) completed the acquisition of 78.75% stake in Offshore Perth Basin exploration permit WA-481-P from Pilot Energy Limited (ASX:PGY).

First half 2021 earnings released: AU$0.011 loss per share (vs AU$0.001 loss in 1H 2020)

Triangle Energy (Global) Limited Provides Cliff Head Resources, Well Planning and Farmout Update

Triangle Energy (Global) Limited (ASX:TEG) entered into a sale and purchase agreement to acquire unknown majority stake in Production Licence L7 (R1) and Exploration Permit EP 437 from Key Petroleum (Australia) Pty Ltd and Key Midwest Pty Ltd for AUD 0.6 million.

Triangle Energy (Global) Limited Announces Update in Relation to BP Kwinana Refinery

Triangle Energy (Global) Limited Announces CH-7 well Workover Complete and Production Resumes

Triangle Energy (Global) Limited Announces Production Resumes

Pilot Energy Limited and Triangle Energy (Global) Ltd Enters into a Joint Venture Agreement

Full year earnings released - AU$0.011 loss per share

Triangle Energy (Global) Limited announced that it has received AUD 2.2004 million in funding

Triangle Energy (Global) Limited announced that it expects to receive AUD 2.2004 million in funding

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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