ASX:TMK

Stock Analysis Report

Tamaska Oil and Gas

Executive Summary

Tamaska Oil and Gas Limited engages in the acquisition, exploration, and production of petroleum and gas properties.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Tamaska Oil and Gas's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TMK has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

20.0%

TMK

-3.3%

AU Oil and Gas

-1.1%

AU Market


1 Year Return

n/a

TMK

4.4%

AU Oil and Gas

18.4%

AU Market

Return vs Industry: Insufficient data to determine how TMK performed against the Australian Oil and Gas industry.

Return vs Market: Insufficient data to determine how TMK performed against the Australian Market.


Shareholder returns

TMKIndustryMarket
7 Day20.0%-3.3%-1.1%
30 Day20.0%-1.2%2.5%
90 Day-14.3%3.4%4.2%
1 Yearn/a8.8%4.4%23.8%18.4%
3 Year-50.0%-50.0%13.0%1.1%38.7%20.1%
5 Year-57.1%-70.0%12.5%-7.0%54.7%19.8%

Price Volatility Vs. Market

How volatile is Tamaska Oil and Gas's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tamaska Oil and Gas undervalued compared to its fair value and its price relative to the market?

1.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: TMK 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 TMK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TMK is overvalued based on its PB Ratio (1.5x) compared to the AU Oil and Gas industry average (1.4x).


Next Steps

Future Growth

How is Tamaska Oil and Gas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.4%

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 Tamaska Oil and Gas 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.


Next Steps

Past Performance

How has Tamaska Oil and Gas performed over the past 5 years?

61.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TMK is currently unprofitable.

Growing Profit Margin: TMK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TMK is unprofitable, but has reduced losses over the past 5 years at a rate of 61.8% per year.

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

Earnings vs Industry: TMK is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (68.1%).


Return on Equity

High ROE: TMK has a negative Return on Equity (-13.05%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Tamaska Oil and Gas's financial position?


Financial Position Analysis

Short Term Liabilities: TMK's short term assets (A$1.6M) exceed its short term liabilities (A$52.3K).

Long Term Liabilities: TMK's short term assets (A$1.6M) exceed its long term liabilities (A$37.2K).


Debt to Equity History and Analysis

Debt Level: TMK is debt free.

Reducing Debt: TMK has no debt compared to 5 years ago when its debt to equity ratio was 153.6%.


Balance Sheet

Inventory Level: TMK has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TMK'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: TMK has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: TMK has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 50.6% each year


Next Steps

Dividend

What is Tamaska Oil and Gas's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.4%markettop25%5.6%industryaverage4.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate TMK'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 TMK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TMK'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 TMK's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Tamaska Oil and Gas's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average board tenure


CEO

Brett Lawrence 0

1.1yrs

Tenure

AU$37,500

Compensation

Mr. Brett Clifford Lawrence has been Managing Director and Executive Director of Tamaska Oil and Gas Limited since December 12, 2018. He has been Managing Director of Verus Investments Ltd., since March 20 ...


CEO Compensation Analysis

Compensation vs Market: Brett's total compensation ($USD25.88K) is below average for companies of similar size in the Australian market ($USD262.68K).

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


Board Age and Tenure

1.8yrs

Average Tenure

Experienced Board: TMK's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Insider Trading

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Sylvia Moss

    Company Secretary

    • Tenure: 5.8yrs
    • Compensation: AU$56.55k
  • Brett Lawrence

    MD & Executive Director

    • Tenure: 1.1yrs
    • Compensation: AU$37.50k
  • Joseph Graham

    Executive Director

    • Tenure: 0.2yrs

Board Members

  • Tim Wise (54yo)

    Non-Executive Director

    • Tenure: 0.2yrs
  • Brett Lawrence

    MD & Executive Director

    • Tenure: 1.1yrs
    • Compensation: AU$37.50k
  • Logan Robertson

    Non-Executive Director

    • Tenure: 3.5yrs
    • Compensation: AU$3.00k
  • Joseph Graham

    Executive Director

    • Tenure: 0.2yrs

Company Information

Tamaska Oil and Gas Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tamaska Oil and Gas Limited
  • Ticker: TMK
  • Exchange: ASX
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$5.340m
  • Shares outstanding: 890.00m
  • Website: https://www.tamaska.com.au

Location

  • Tamaska Oil and Gas Limited
  • 102 Forrest Street
  • Cottesloe
  • Western Australia
  • 6011
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TMKASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2008

Biography

Tamaska Oil and Gas Limited engages in the acquisition, exploration, and production of petroleum and gas properties. The company holds a 11.36 % working interest in the West Klondike project located in Iberville Parish, Louisiana; and a 12.5% working interest in the Fusselman project located in Borden County, Texas. The company is based in Cottesloe, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/28 10:37
End of Day Share Price2020/01/23 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.