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Talon Petroleum

ASX:TPD
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TPD
ASX
A$4M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Talon Petroleum Limited engages in the exploration for, development, and production of petroleum resources in the United States and the United Kingdom North Sea. The last earnings update was 42 days ago. More info.


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  • Talon Petroleum has significant price volatility in the past 3 months.
TPD Share Price and Events
7 Day Returns
0%
ASX:TPD
3.4%
AU Oil and Gas
1.7%
AU Market
1 Year Returns
-50%
ASX:TPD
5.7%
AU Oil and Gas
5.9%
AU Market
TPD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Talon Petroleum (TPD) 0% -37.5% -28.6% -50% -72.2% -87.5%
AU Oil and Gas 3.4% 3.7% 8% 5.7% 35.7% -30.5%
AU Market 1.7% 4% 8.6% 5.9% 21.4% 7.4%
1 Year Return vs Industry and Market
  • TPD underperformed the Oil and Gas industry which returned 5.7% over the past year.
  • TPD underperformed the Market in Australia which returned 5.9% over the past year.
Price Volatility
TPD
Industry
5yr Volatility vs Market

Value

 Is Talon Petroleum 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
  • It is not possible to calculate the future cash flow value for Talon Petroleum. This is due to cash flow or dividend data being unavailable. The share price is A$0.0025.
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 Talon Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Talon Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:TPD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:TPD Share Price ** ASX (2019-04-24) in AUD A$0
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 8.09x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.28x

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

** Primary Listing of Talon Petroleum.

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

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

= 0 ÷ 0.00

-2.84x

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

  • Talon Petroleum is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Talon Petroleum is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Talon Petroleum's expected growth come at a high price?
Raw Data
ASX:TPD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.84x
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 359 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 Talon Petroleum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Talon Petroleum's assets?
Raw Data
ASX:TPD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:TPD Share Price * ASX (2019-04-24) in AUD A$0
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.29x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.66x
ASX:TPD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0 ÷ 0.00

1.51x

* Primary Listing of Talon Petroleum.

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

  • Talon Petroleum is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Talon Petroleum'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. Talon Petroleum 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.

Future Performance

 How is Talon Petroleum 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 Talon Petroleum 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 Talon Petroleum expected to grow at an attractive rate?
  • Unable to compare Talon Petroleum's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Talon Petroleum's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Talon Petroleum's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:TPD 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 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*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:TPD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:TPD Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -1
2018-09-30 0 -1 -1
2018-06-30 0 0 -1
2018-03-31 0 0 -1
2017-12-31 0 0 -1
2017-09-30 0 0 0
2017-06-30 0 0 0
2017-03-31 0 0 0
2016-12-31 0 0 0
2016-09-30 0 0 -1
2016-06-30 0 0 -1
2016-03-31 0 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Talon Petroleum is high growth as no earnings estimate data is available.
  • Unable to determine if Talon Petroleum 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:TPD 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 0 Analyst Estimates (S&P Global) See Below

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

ASX:TPD Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 -0.01
2016-03-31 -0.01

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

Next steps:

  1. Examine Talon Petroleum'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.
  2. Talon Petroleum'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
  3. Talon Petroleum's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Talon Petroleum'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.
Talon Petroleum 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.

Past Performance

  How has Talon Petroleum 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 Talon Petroleum'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.
  • Talon Petroleum does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Talon Petroleum's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Talon Petroleum's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Talon Petroleum'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 Talon Petroleum Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TPD Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.12 -0.93 0.73
2018-09-30 0.11 -0.78 0.66
2018-06-30 0.10 -0.63 0.59
2018-03-31 0.10 -0.61 0.56
2017-12-31 0.10 -0.59 0.53
2017-09-30 0.11 -0.39 0.53
2017-06-30 0.13 -0.19 0.53
2017-03-31 0.13 -0.19 0.54
2016-12-31 0.13 -0.19 0.55
2016-09-30 0.16 -0.77 0.60
2016-06-30 0.19 -1.34 0.65
2016-03-31 0.30 -1.81 1.01
2015-12-31 0.41 -2.27 1.37
2015-09-30 0.51 -5.83 1.62
2015-06-30 0.61 -9.39 1.87
2015-03-31 0.62 -10.72 1.86
2014-12-31 0.62 -12.04 1.85
2014-09-30 0.58 -10.49 2.28
2014-06-30 0.55 -8.93 2.70
2014-03-31 0.55 -10.23 2.69
2013-12-31 0.56 -11.52 2.68
2013-06-30 0.76 -6.91 2.86
2013-03-31 0.66 -3.95 2.66
2012-12-31 0.56 -0.99 2.46

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Talon Petroleum is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Talon Petroleum's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Talon Petroleum'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.
  • Talon Petroleum has no debt, it does not need to be 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 Talon Petroleum Company Filings, last reported 3 months ago.

ASX:TPD Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.09 0.00 2.16
2018-09-30 2.09 0.00 2.16
2018-06-30 2.01 0.00 1.96
2018-03-31 2.01 0.00 1.96
2017-12-31 2.33 0.28 2.56
2017-09-30 2.33 0.28 2.56
2017-06-30 0.30 0.28 0.42
2017-03-31 0.30 0.28 0.42
2016-12-31 0.53 0.00 0.40
2016-09-30 0.53 0.00 0.40
2016-06-30 0.43 0.00 0.57
2016-03-31 0.43 0.00 0.57
2015-12-31 0.72 0.00 0.67
2015-09-30 0.72 0.00 0.67
2015-06-30 1.68 0.00 0.31
2015-03-31 1.68 0.00 0.31
2014-12-31 2.23 0.00 1.04
2014-09-30 2.23 0.00 1.04
2014-06-30 8.84 0.00 1.70
2014-03-31 8.84 0.00 1.70
2013-12-31 13.21 0.00 3.86
2013-06-30 17.39 0.00 4.99
2013-03-31 17.39 0.00 4.99
2012-12-31 15.30 0.00 2.53
  • Talon Petroleum has no debt.
  • Talon Petroleum had no debt 5 years ago.
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.

  • Talon Petroleum has sufficient cash runway for 2.7 years based on current free cash flow.
  • Talon Petroleum has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -27.8% each year.
X
Financial health checks
We assess Talon Petroleum'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. Talon Petroleum has a total score of 6/6, 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 Talon Petroleum'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 Talon Petroleum dividends.
If you bought A$2,000 of Talon Petroleum 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 Talon Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Talon Petroleum'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:TPD 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 4.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
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.

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

  • Unable to perform a dividend volatility check as Talon Petroleum has not reported any payouts.
  • Unable to verify if Talon Petroleum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Talon Petroleum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Talon Petroleum 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 Talon Petroleum's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - 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 Talon Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Talon Petroleum 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 Talon Petroleum'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.
  • Talon Petroleum has no CEO, or we have no data on them.
Management Team

Lauren Nelson

TITLE
Company Secretary
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure of the Talon Petroleum board of directors in years:

1.3
Average Tenure
  • The average tenure for the Talon Petroleum board of directors is less than 3 years, this suggests a new board.
Board of Directors

Roger Steinepreis

TITLE
Non Executive Director
COMPENSATION
A$28K
AGE
54
TENURE
1.3 yrs

Matt Worner

TITLE
Non Executive Director
COMPENSATION
A$64K
AGE
42
TENURE
1.3 yrs

Peter Stickland

TITLE
Non Executive Director
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$) Value (A$)
X
Management checks
We assess Talon Petroleum'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. Talon Petroleum 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

How Financially Strong Is Talon Petroleum Limited (ASX:TPD)?

The direct benefit for Talon Petroleum Limited (ASX:TPD), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is TPD right in choosing financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

Simply Wall St -

Is Talon Petroleum Limited's (ASX:TPD) Balance Sheet A Threat To Its Future?

While small-cap stocks, such as Talon Petroleum Limited (ASX:TPD) with its market cap of AU$4.08m, 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 -

One Thing To Consider Before Buying Talon Petroleum Limited (ASX:TPD)

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Talon Petroleum's beta of 0.01 indicates that the stock value will be less variable compared to the whole stock market. … TPD's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns.

Simply Wall St -

Is Talon Petroleum Limited (ASX:TPD) A Financially Sound Company?

With this growth in debt, the current cash and short-term investment levels stands at AU$2.56M , ready to deploy into the business. … At the current liabilities level of AU$462.27K liabilities, it seems that the business has been able to meet these obligations given the level of current assets of AU$2.61M, with a current ratio of 5.64x. … Investors' risk associated with debt is very low with TPD, and the company has plenty of headroom and ability to raise debt should it need to in the future.Next Steps: Although TPD’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

Who Owns Talon Petroleum Limited (ASX:TPD)?

View our latest analysis for Talon Petroleum ASX:TPD Ownership_summary Mar 23rd 18 Institutional Ownership TPD's 16.02% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … However, an ownership of this size may be relatively insignificant, meaning that these shareholders may not have the potential to influence TPD's business strategy. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

Simply Wall St -

Does Talon Petroleum Limited's (ASX:TPD) Latest Financial Perfomance Look Strong?

Examining how Talon Petroleum Limited (ASX:TPD) is performing as a company requires looking at more than just a years' earnings. … View our latest analysis for Talon Petroleum Were TPD's earnings stronger than its past performances and the industry? … For Talon Petroleum, its latest earnings (trailing twelve month) is -AU$189.39K, which, relative to last year’s level, has become less negative.

Simply Wall St -

What Can We Expect for Talon Petroleum Limited (ASX:TPD) Moving Forward?

However, energy-sector analysts are forecasting for the entire industry, a relatively muted growth of 4.86% in the upcoming year , and an overall negative growth rate in the next couple of years. … Below, I will examine the sector growth prospects, as well as evaluate whether Talon Petroleum is lagging or leading its competitors in the industry. … See our latest analysis for Talon Petroleum What’s the catalyst for Talon Petroleum's sector growth?

Simply Wall St -

Who Are The Major Shareholders Of Talon Petroleum Limited (ASX:TPD)?

In this analysis, my focus will be on developing a perspective on Talon Petroleum Limited’s (ASX:TPD) latest ownership structure, a less discussed, but important factor. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.What this means for you: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Does Talon Petroleum Limited's (ASX:TPD) 85.2% Earnings Growth Make It An Outperformer?

To account for any quarterly or half-yearly updates, I use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Talon Petroleum's most recent twelve-month earnings -A$0.2M, which compared to the previous year's figure, has become less negative. … This means that whatever recent headwind the industry is experiencing, the impact on Talon Petroleum has been softer relative to its peers.What does this mean?

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How Financially Strong Is Talon Petroleum Limited (ASX:TPD)?

ASX:TPD Historical Debt Nov 7th 17 Unxpected adverse events, such as natural disasters and wars, can be a true test of a company’s capacity to meet its obligations. … At its current level of cash flow coverage, TPD has room for improvement to better cushion for events which may require debt repayment. … TPD’s high debt levels is not met with high cash flow coverage.

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Company Info

Description

Talon Petroleum Limited engages in the exploration for, development, and production of petroleum resources in the United States and the United Kingdom North Sea. Its principal project is the Mosman Rockingham Olmos project covering an area of approximately 3,620 net acres located in McMullen County, Texas. The company was formerly known as Texon III Ltd. and changed its name to Talon Petroleum Limited in November 2012. Talon Petroleum Limited was incorporated in 2011 and is based in West Perth, Australia.

Details
Name: Talon Petroleum Limited
TPD
Exchange: ASX
Founded: 2011
A$4,191,973
1,676,789,525
Website: http://www.talonpetroleum.com.au
Address: Talon Petroleum Limited
1202 Hay Street,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX TPD Ordinary Shares Australian Securities Exchange AU AUD 28. Feb 2013
CHIA TPD Ordinary Shares Chi-X Australia AU AUD 28. Feb 2013
Number of employees
Current staff
Staff numbers
0
Talon Petroleum employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 10:34
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2019/03/14
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.