Whitebark Energy Limited engages in the evaluation of oil and gas exploration projects in the Perth Basin, Western Australia.
+ 3 more risks
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Whitebark Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WBE's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: WBE exceeded the Australian Oil and Gas industry which returned -8.9% over the past year.
Return vs Market: WBE exceeded the Australian Market which returned 15.3% over the past year.
Price Volatility Vs. Market
How volatile is Whitebark Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StThe Whitebark Energy (ASX:WBE) Share Price Has Gained 125%, So Why Not Pay It Some Attention?
2 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most Whitebark Energy Limited (ASX:WBE) Stock?
4 months ago | Simply Wall StShareholders Are Thrilled That The Whitebark Energy (ASX:WBE) Share Price Increased 167%
Is Whitebark 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 WBE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WBE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WBE is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: WBE 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 WBE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WBE is overvalued based on its PB Ratio (4.6x) compared to the AU Oil and Gas industry average (1.2x).
How is Whitebark 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 Whitebark 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.
- Take a look at our analysis of WBE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Whitebark Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Whitebark Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WBE is currently unprofitable.
Growing Profit Margin: WBE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WBE is unprofitable, and losses have increased over the past 5 years at a rate of -4.7% per year.
Accelerating Growth: Unable to compare WBE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WBE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (58.2%).
Return on Equity
High ROE: WBE has a negative Return on Equity (-105.37%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Whitebark Energy's financial position?
Financial Position Analysis
Short Term Liabilities: WBE's short term assets (A$5.2M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: WBE's short term assets (A$5.2M) do not cover its long term liabilities (A$8.6M).
Debt to Equity History and Analysis
Debt Level: WBE is debt free.
Reducing Debt: WBE has no debt compared to 5 years ago when its debt to equity ratio was 6.3%.
Inventory Level: WBE has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if WBE'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: WBE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WBE has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.5% each year.
What is Whitebark Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WBE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate WBE'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 WBE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WBE'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 WBE'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
David Messina 0
Mr. David Messina has been Managing Director of Whitebark Energy Ltd. since December 2016 and serves as its Executive Director since April 20, 2016. Mr. Messina served as the Chief Commercial Officer of Tr ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD355.35K) is above average for companies of similar size in the Australian market ($USD254.81K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
|MD & Executive Director||3.2yrs||AU$528.94k||1.29% A$352.0k|
|Co-Founder & Independent Director||8.9yrs||AU$185.03k||2.87% A$780.7k|
|Non-Executive Chairman||4.3yrs||AU$87.16k||3.55% A$966.2k|
Experienced Board: WBE's board of directors are considered experienced (4.3 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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 64.3%.
Whitebark Energy Limited's company bio, employee growth, exchange listings and data sources
- Name: Whitebark Energy Limited
- Ticker: WBE
- Exchange: ASX
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$27.227m
- Shares outstanding: 3.03b
- Website: https://www.whitebarkenergy.com
Number of Employees
- Whitebark Energy Limited
- 6 Thelma Street
- Level 2
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WBE||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Mar 2011|
|TSV||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Mar 2011|
|WBE||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Mar 2011|
Whitebark Energy Limited engages in the evaluation of oil and gas exploration projects in the Perth Basin, Western Australia. It holds a 100% interest in the Warro Gas Project located in northeast of Perth. The company also holds interests in various oil and gas properties located in Alberta, Canada. The company was formerly known as Transerv Energy Limited and changed its name to Whitebark Energy Limited in July 2017. Whitebark Energy Limited is based in West Perth, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 10:37|
|End of Day Share Price||2020/02/19 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.