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Triple Energy

ASX:TNP
Snowflake Description

Weak fundamentals or lack of information.

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

Triple Energy Limited, an oil gas company, explores for natural resources in the People’s Republic of China. The last earnings update was 126 days ago. More info.


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TNP Share Price and Events
7 Day Returns
0%
ASX:TNP
1.4%
AU Oil and Gas
0.7%
AU Market
1 Year Returns
-66%
ASX:TNP
3.8%
AU Oil and Gas
4.7%
AU Market
TNP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Triple Energy (TNP) 0% 0% 6.3% -66% -96.5% -91.5%
AU Oil and Gas 1.4% -1.6% 5.5% 3.8% 28.7% -32.5%
AU Market 0.7% 1.1% 6.5% 4.7% 17.5% 4.9%
1 Year Return vs Industry and Market
  • TNP underperformed the Oil and Gas industry which returned 3.8% over the past year.
  • TNP underperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
TNP
Industry
5yr Volatility vs Market

TNP Value

 Is Triple 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.

In this section, we usually try to help investors determine whether Triple Energy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Triple Energy has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Triple Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.017.
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 Triple Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Triple Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:TNP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in AUD A$-0.02
ASX:TNP Share Price ** ASX (2019-03-22) in AUD A$0.02
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 545 Publicly-Listed Companies 16.18x

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

** Primary Listing of Triple Energy.

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

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

= 0.02 ÷ -0.02

-0.98x

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

  • Triple Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Triple Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Triple Energy's expected growth come at a high price?
Raw Data
ASX:TNP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.98x
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 361 Publicly-Listed Companies 1.38x

*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 Triple Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Triple Energy's assets?
Raw Data
ASX:TNP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in AUD A$-0.01
ASX:TNP Share Price * ASX (2019-03-22) in AUD A$0.02
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 1.68x
ASX:TNP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.02 ÷ -0.01

-1.3x

* Primary Listing of Triple Energy.

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

  • Triple Energy has negative assets, we can't compare the value of its assets to the AU Oil and Gas industry average.

Next steps:

  1. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Triple Energy's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Oil and Gas industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Triple 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. Triple 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.

TNP Future Performance

 How is Triple 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 Triple 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 Triple Energy expected to grow at an attractive rate?
  • Unable to compare Triple Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Triple Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Triple Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:TNP 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 6.6%
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:TNP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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:TNP Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -1 -1
2017-06-30 -1 -1
2017-03-31 -2 -2
2016-12-31 -2 -2
2016-09-30 -2 -2
2016-06-30 -1 -2
2016-03-31 -1 -2
2015-12-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Triple Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Triple 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:TNP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Triple Energy Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TNP Past Financials Data
Date (Data in AUD Millions) EPS *
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.04
2017-03-31 -0.05
2016-12-31 -0.06
2016-09-30 -0.07
2016-06-30 -0.06
2016-03-31 -0.06
2015-12-31 -0.05

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

Next steps:

  1. Triple 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. Triple 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 Triple 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.
Triple 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.

TNP Past Performance

  How has Triple 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 Triple 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.
  • Triple Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Triple Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Triple Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Triple 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 Triple Energy Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TNP Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -0.76 0.78
2018-06-30 -0.69 0.81
2018-03-31 -0.62 0.83
2017-12-31 -0.79 0.85
2017-09-30 -0.93 0.98
2017-06-30 -1.39 1.38
2017-03-31 -1.85 1.78
2016-12-31 -2.02 1.49
2016-09-30 -2.18 1.20
2016-06-30 -1.90 0.92
2016-03-31 -1.62 0.64
2015-12-31 -1.25 0.46
2015-09-30 -0.87 0.28
2015-06-30 -0.78 0.19
2015-03-31 -0.69 0.10
2014-12-31 -0.67 0.09
2014-09-30 -0.64 0.09
2014-06-30 -0.62 0.07
2014-03-31 -0.60 0.05
2013-12-31 -0.71 0.12
2013-09-30 -0.83 0.19
2013-06-30 -0.90 0.21
2013-03-31 -0.97 0.23
2012-12-31 -0.95 -0.55
2012-09-30 -0.94 -1.33
2012-06-30 -1.68 -0.54

*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 Triple Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Triple 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 Triple Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Triple 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.
Triple 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.

TNP Health

 How is Triple 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 Triple Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Triple Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Triple Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Triple 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.
  • Low level of unsold assets.
  • Triple Energy has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Triple Energy Company Filings, last reported 6 months ago.

ASX:TNP Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -0.66 0.14 0.11
2018-06-30 -0.66 0.14 0.11
2018-03-31 -0.46 0.08 0.28
2017-12-31 -0.46 0.08 0.28
2017-09-30 8.18 0.00 0.61
2017-06-30 8.18 0.00 0.61
2017-03-31 -0.60 0.00 0.86
2016-12-31 -0.60 0.00 0.86
2016-09-30 8.55 0.00 0.79
2016-06-30 8.55 0.00 0.79
2016-03-31 8.02 0.00 0.40
2015-12-31 8.02 0.00 0.40
2015-09-30 11.17 0.00 1.42
2015-06-30 11.17 0.00 1.42
2015-03-31 5.88 0.50 0.85
2014-12-31 5.88 0.50 0.85
2014-09-30 5.07 0.00 0.40
2014-06-30 5.07 0.00 0.40
2014-03-31 5.14 0.00 0.85
2013-12-31 5.14 0.00 0.85
2013-09-30 5.19 0.00 1.20
2013-06-30 5.19 0.00 1.20
2013-03-31 4.12 0.00 2.17
2012-12-31 4.12 0.00 2.17
2012-09-30 0.89 0.00 1.03
2012-06-30 0.89 0.00 1.03
  • Triple Energy has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Triple Energy's debt level has increased considering it has negative shareholder equity.
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.

  • Triple Energy has less than a year of cash runway based on current free cash flow.
  • Triple Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -24% each year.
X
Financial health checks
We assess Triple 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. Triple Energy has a total score of 0/6, 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.

TNP Dividends

 What is Triple 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 Triple Energy dividends.
If you bought A$2,000 of Triple 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 Triple Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Triple 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:TNP 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 Triple Energy has not reported any payouts.
  • Unable to verify if Triple Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Triple Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Triple 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 Triple 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 Triple Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Triple 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.

TNP Management

 What is the CEO of Triple 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.
  • Triple Energy has no CEO, or we have no data on them.
Management Team

Alex Neuling

TITLE
Company Secretary
TENURE
6.7 yrs
Board of Directors Tenure

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

1.8
Average Tenure
54
Average Age
  • The average tenure for the Triple Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tommy Cheng

TITLE
Non-Executive Chairman
AGE
44
TENURE
4.3 yrs

Murray d'Almeida

TITLE
Independent Non-Executive Director
COMPENSATION
A$25K
AGE
69
TENURE
1.8 yrs

Chris Berkefeld

TITLE
Independent Non-Executive Director
COMPENSATION
A$27K
AGE
63
TENURE
1.8 yrs

Edward Siew

TITLE
Alternate Director
AGE
45
TENURE
0.5 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$) Value (A$)
21. Nov 18 Buy Bi Hua Huang Individual 14. Nov 18 14. Nov 18 23,612,770 A$0.02 A$519,476
X
Management checks
We assess Triple 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. Triple 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.

TNP News

Simply Wall St News

How Much Are Triple Energy Limited (ASX:TNP) Insiders Spending On Buying Shares?

Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … So we'll take a look at whether insiders have been buying or selling shares in Triple Energy Limited (ASX:TNP). … Triple Energy Insider Transactions Over The Last Year.

Simply Wall St -

Do Institutions Own Triple Energy Limited (ASX:TNP) Shares?

The big shareholder groups in Triple Energy Limited (ASX:TNP) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Triple Energy is not a large company by global standards.

Simply Wall St -

Who Really Owns Triple Energy Limited (ASX:TNP)?

In this article, I will take a quick look at Triple Energy Limited’s (ASX:TNP) recent ownership structure – an unconventional investing subject, but an important one. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices. … Therefore, it is beneficial for us to examine TNP's ownership structure in more detail.

Simply Wall St -

What Does Triple Energy Limited's (ASX:TNP) Ownership Structure Look Like?

Ownership structure of a company has been found to affect share performance over time. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Thus, investors should dig deeper into TNP's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: A relatively significant holding of company insiders could mean high alignment with shareholders.

Simply Wall St -

Is Triple Energy Limited (ASX:TNP) An Energy Industry Laggard Or Leader?

Below, I will examine the sector growth prospects, and also determine whether Triple Energy is a laggard or leader relative to its energy sector peers. … View our latest analysis for Triple Energy What’s the catalyst for Triple Energy's sector growth? … Although it delivered lower growth relative to its energy peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

Simply Wall St -

Who Owns Triple Energy Limited (ASX:TNP)?

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 not need worry too much about the consequences of these holdings.What this means for you: Institutional ownership in TNP is not at a level that would concern investors.

Simply Wall St -

How Does Triple Energy Limited (ASX:TNP) Compare To The Oil & Gas Sector?

This rate is below the growth rate of the Australian stock market as a whole. … ASX:TNP Past Future Earnings Nov 14th 17 The oil price collapse drove a negative 40% growth in the energy sector in the past five years. … Only now has the sector begun to emerge from its turmoil, and over the past year, the industry turnaround led to growth of over 50%, beating the Australian market growth of 5.37%.

Simply Wall St -

TNP Company Info

Description

Triple Energy Limited, an oil gas company, explores for natural resources in the People’s Republic of China. The company owns an 80% interest in a coalmine gas project in the Heilongjiang province. It also holds interests in the oil and gas exploration property. The company was formerly known as Tango Petroleum Limited and changed its name to Triple Energy Limited in March 2012. Triple Energy Limited is based in Cottesloe, Australia.

Details
Name: Triple Energy Limited
TNP
Exchange: ASX
Founded:
A$1,223,932
71,996,054
Website: http://www.tripleenergy.net
Address: Triple Energy Limited
589 Stirling Highway,
Unit 24,
Cottesloe,
Western Australia, 6011,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX TNP Ordinary Shares Australian Securities Exchange AU AUD 14. Dec 2005
Number of employees
Current staff
Staff numbers
0
Triple Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 10:33
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2018/12/14
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


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.