Vintage Energy Limited acquires, explores for, and develops oil and gas properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.11|
|52 Week High||AU$0.048|
|52 Week Low||AU$0.12|
|1 Month Change||50.69%|
|3 Month Change||66.67%|
|1 Year Change||86.44%|
|3 Year Change||-40.54%|
|5 Year Change||n/a|
|Change since IPO||-48.84%|
Recent News & Updates
We're Keeping An Eye On Vintage Energy's (ASX:VEN) Cash Burn Rate
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Here's Why We're Watching Vintage Energy's (ASX:VEN) Cash Burn Situation
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
|VEN||AU Oil and Gas||AU Market|
Return vs Industry: VEN exceeded the Australian Oil and Gas industry which returned 48.1% over the past year.
Return vs Market: VEN exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: VEN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: VEN's weekly volatility (9%) has been stable over the past year.
About the Company
Vintage Energy Limited acquires, explores for, and develops oil and gas properties in Australia. The company owns 100% interests in the Block CO2019-E located in the Cooper / Eromanga Basins; GSEL 672 located in Otway Basin; and EP 126 located in Bonaparte Basin. Vintage Energy Limited was incorporated in 2015 and is based in Goodwood, Australia.
Vintage Energy Fundamentals Summary
|VEN fundamental statistics|
Is VEN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VEN income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0039|
|Net Profit Margin||-6,005.27%|
How did VEN perform over the long term?See historical performance and comparison
Is Vintage Energy 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 VEN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VEN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VEN is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: VEN 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 VEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VEN is good value based on its PB Ratio (1.5x) compared to the AU Oil and Gas industry average (2.5x).
How is Vintage Energy 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 Vintage 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 SimplyWall St do have past financial data.
How has Vintage Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VEN is currently unprofitable.
Growing Profit Margin: VEN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VEN is unprofitable, and losses have increased over the past 5 years at a rate of 24.8% per year.
Accelerating Growth: Unable to compare VEN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VEN is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).
Return on Equity
High ROE: VEN has a negative Return on Equity (-5.4%), as it is currently unprofitable.
How is Vintage Energy's financial position?
Financial Position Analysis
Short Term Liabilities: VEN's short term assets (A$8.1M) exceed its short term liabilities (A$691.8K).
Long Term Liabilities: VEN's short term assets (A$8.1M) exceed its long term liabilities (A$1.1M).
Debt to Equity History and Analysis
Debt Level: VEN is debt free.
Reducing Debt: VEN currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VEN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VEN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.6% each year
What is Vintage Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VEN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VEN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VEN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VEN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Neil M. Gibbins, BSc (Hons)- Geophysics serves as Managing Director and Non Independent Director of Vintage Energy Ltd. Mr. Gibbins served as the Chief Operating Officer of Beach Energy Limited since M...
CEO Compensation Analysis
Compensation vs Market: Neil's total compensation ($USD339.24K) is about average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Neil's compensation has been consistent with company performance over the past year.
Experienced Board: VEN's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 50.4%.
Vintage Energy Limited's employee growth, exchange listings and data sources
- Name: Vintage Energy Limited
- Ticker: VEN
- Exchange: ASX
- Founded: 2015
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$66.584m
- Shares outstanding: 605.31m
- Website: https://www.vintageenergy.com.au
- Vintage Energy Limited
- 58 King William Road
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:30|
|End of Day Share Price||2021/10/26 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.