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Whitebark Energy

ASX:WBE
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WBE
ASX
A$6M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Whitebark Energy Limited engages in the evaluation of oil and gas exploration projects in the Perth Basin, Western Australia. The last earnings update was 210 days ago. More info.


Add to Portfolio Compare Print
  • Whitebark Energy has significant price volatility in the past 3 months.
WBE Share Price and Events
7 Day Returns
0%
ASX:WBE
3.4%
AU Oil and Gas
0.5%
AU Market
1 Year Returns
-55.6%
ASX:WBE
5.7%
AU Oil and Gas
4.9%
AU Market
WBE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Whitebark Energy (WBE) 0% 0% 0% -55.6% -69.2% -73.3%
AU Oil and Gas 3.4% 0.7% 9.8% 5.7% 34.8% -30.3%
AU Market 0.5% 1.9% 8% 4.9% 19.5% 6.3%
1 Year Return vs Industry and Market
  • WBE underperformed the Oil and Gas industry which returned 5.7% over the past year.
  • WBE underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
WBE
Industry
5yr Volatility vs Market

WBE Value

 Is Whitebark 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Whitebark Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.004.
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 Whitebark Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Whitebark Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:WBE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in AUD A$-0.01
ASX:WBE Share Price ** ASX (2019-04-23) 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 544 Publicly-Listed Companies 16.19x

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

** Primary Listing of Whitebark Energy.

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

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

= 0 ÷ -0.01

-0.66x

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

  • Whitebark Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Whitebark Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Whitebark Energy's expected growth come at a high price?
Raw Data
ASX:WBE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.66x
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 1.38x

*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 Whitebark Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Whitebark Energy's assets?
Raw Data
ASX:WBE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in AUD A$0.00
ASX:WBE Share Price * ASX (2019-04-23) in AUD A$0
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.3x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.68x
ASX:WBE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0 ÷ 0.00

1.07x

* Primary Listing of Whitebark Energy.

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

  • Whitebark Energy is good value based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Whitebark 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. Whitebark Energy has a total score of 1/6, 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.

WBE Future Performance

 How is Whitebark 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 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 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 Whitebark Energy expected to grow at an attractive rate?
  • Unable to compare Whitebark Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Whitebark Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Whitebark Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:WBE 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 6.7%
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:WBE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 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:WBE Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-06-30 2 -3 -6
2017-12-31 1 7 -6
2017-09-30 0 7 -25
2017-06-30 0 7 -44
2016-12-31 0 -1 -45
2016-09-30 0 -1 -25
2016-06-30 -1 -5
2016-03-31 0 -1 -5
2015-12-31 1 -1 -5
2015-09-30 1 -1 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Whitebark Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Whitebark 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:WBE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Whitebark Energy Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:WBE Past Financials Data
Date (Data in AUD Millions) EPS *
2018-06-30 -0.01
2017-12-31 -0.01
2017-09-30 -0.03
2017-06-30 -0.05
2016-12-31 -0.05
2016-09-30 -0.03
2016-06-30 -0.01
2016-03-31 -0.01
2015-12-31 0.00
2015-09-30 -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 Whitebark Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Whitebark 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
  3. Whitebark Energy'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 Whitebark 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.
Whitebark 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.

WBE Past Performance

  How has Whitebark Energy performed over the past 5 years?

  • Whitebark Energy's last earnings update was 210 days ago.
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 Whitebark 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.
  • Whitebark Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Whitebark Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Whitebark Energy's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Whitebark 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 Whitebark Energy Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:WBE Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 1.63 -5.66 3.07
2017-12-31 0.74 -6.23 2.52
2017-09-30 0.42 -25.08 2.16
2017-06-30 0.10 -43.94 1.79
2016-12-31 -0.37 -44.93 1.69
2016-09-30 -0.18 -25.07 1.58
2016-06-30 -5.21 1.47
2016-03-31 0.32 -5.04 1.70
2015-12-31 0.64 -4.86 1.94
2015-09-30 0.62 -6.65 2.21
2015-06-30 0.59 -8.43 2.49
2015-03-31 1.31 -7.80 2.56
2014-12-31 2.03 -7.17 2.63
2014-09-30 2.65 -4.46 2.54
2014-06-30 3.27 -1.76 2.44
2014-03-31 3.37 0.30 2.29
2013-12-31 3.47 2.35 2.14
2013-09-30 3.33 1.29 2.27
2013-06-30 3.18 0.23 2.40
2013-03-31 2.98 0.58 1.72
2012-12-31 2.78 0.94 2.29
2012-09-30 2.68 -0.11 3.19
2012-06-30 2.58 -1.15 4.10

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

WBE Health

 How is Whitebark 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 Whitebark Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Whitebark Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Whitebark Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Whitebark 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.
  • High level of physical assets or inventory.
  • Whitebark Energy 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 Whitebark Energy Company Filings, last reported 9 months ago.

ASX:WBE Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 3.70 0.00 1.09
2017-12-31 6.21 0.00 3.06
2017-09-30 6.21 0.00 3.06
2017-06-30 7.12 0.00 4.86
2016-12-31 10.26 0.00 0.95
2016-09-30 10.26 0.00 0.95
2016-06-30 50.96 0.00 3.32
2016-03-31 50.96 0.00 3.32
2015-12-31 54.62 0.24 1.76
2015-09-30 54.62 0.24 1.76
2015-06-30 61.10 1.34 2.26
2015-03-31 61.10 1.34 2.26
2014-12-31 63.07 2.80 4.35
2014-09-30 63.07 2.80 4.35
2014-06-30 68.09 4.31 3.57
2014-03-31 68.09 4.31 3.57
2013-12-31 72.46 3.54 5.28
2013-09-30 72.46 3.54 5.28
2013-06-30 71.70 3.27 1.57
2013-03-31 71.70 3.27 1.57
2012-12-31 66.11 2.58 0.75
2012-09-30 66.11 2.58 0.75
2012-06-30 67.63 1.92 1.08
  • Whitebark Energy has no debt.
  • Whitebark Energy has no debt compared to 5 years ago when it was 4.6%.
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.

  • Whitebark Energy has less than a year of cash runway based on current free cash flow.
  • Whitebark Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -59.3% each year.
X
Financial health checks
We assess Whitebark 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. Whitebark Energy has a total score of 3/6, 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.

WBE Dividends

 What is Whitebark 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 Whitebark Energy dividends.
If you bought A$2,000 of Whitebark 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 Whitebark Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Whitebark 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:WBE 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 4.3%
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 5.7%

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 Whitebark Energy has not reported any payouts.
  • Unable to verify if Whitebark Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Whitebark Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Whitebark 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 Whitebark 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 Whitebark Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Whitebark 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.

WBE Management

 What is the CEO of Whitebark 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.
CEO
David Messina
COMPENSATION A$691,004
TENURE AS CEO 2.3 years
CEO Bio

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 Transerv Energy Limited from February 18, 2016 to December 9, 2016 and has been its Executive Director of Transerv Energy Limited since April 20, 2016. He served as the Managing Director of Hutton Energy Plc until 2016. He has 20 years experience in business development and executive management across the Energy, Oil and Gas and Agricultural sectors. He is instrumental in the development of the Hutton Energy European shale portfolio. Mr. Messina has driven Hutton’s strategy for acquisition of licenses including securing an extensive shale acreage position in Poland of approximately 1.3 million acres since 2009. Prior to Hutton Energy, he spent five years living and working in Eastern Europe developing greenfield business in the Energy and Oil and Gas sectors, encompassing renewables (biomass, oil, geothermal), uranium, CBM and shale projects. Mr. Messina serves as a Director of Hutton Energy Plc.

CEO Compensation
  • David's compensation has increased whilst company is loss making.
  • David's remuneration is higher than average for companies of similar size in Australia.
Management Team

David Messina

TITLE
MD & Executive Director
COMPENSATION
A$691K
TENURE
2.3 yrs

Stephen Keenihan

TITLE
Co-Founder & Executive Director
COMPENSATION
A$346K

Kevin Hart

TITLE
Company Secretary
AGE
56
TENURE
2.4 yrs
Board of Directors Tenure

Average tenure of the Whitebark Energy board of directors in years:

3.5
Average Tenure
  • The tenure for the Whitebark Energy board of directors is about average.
Board of Directors

Charles Morgan

TITLE
Non-Executive Chairman
COMPENSATION
A$213K
AGE
59
TENURE
3.5 yrs

David Messina

TITLE
MD & Executive Director
COMPENSATION
A$691K
TENURE
3 yrs

Stephen Keenihan

TITLE
Co-Founder & Executive Director
COMPENSATION
A$346K
TENURE
8.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
31. Aug 18 Buy David Messina Individual 30. Aug 18 30. Aug 18 25,000,000 A$0.00 A$100,001
31. Aug 18 Buy Stephen Keenihan Individual 30. Aug 18 30. Aug 18 10,052,665 A$0.00 A$40,211
31. Aug 18 Buy Charles Morgan Individual 30. Aug 18 30. Aug 18 31,050,147 A$0.00 A$124,202
X
Management checks
We assess Whitebark 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. Whitebark 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.

WBE News

Simply Wall St News

Who Has Been Buying Whitebark Energy Limited (ASX:WBE) Shares?

So before you buy or sell Whitebark Energy Limited (ASX:WBE), you may well want to know whether insiders have been buying or selling. … Whitebark Energy Insider Transactions Over The Last Year. … Nonetheless, we consider it positive if insiders want to buy at around the current share price.

Simply Wall St -

Is Whitebark Energy Limited's (ASX:WBE) Balance Sheet A Threat To Its Future?

Whitebark Energy Limited (ASX:WBE), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Does WBE's growth rate justify its decision for 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 -

How Much Of Whitebark Energy Limited (ASX:WBE) Do Insiders Own?

Every investor in Whitebark Energy Limited (ASX:WBE) should be aware of the most powerful shareholder groups. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Whitebark Energy is not a large company by global standards.

Simply Wall St -

Who Really Owns Whitebark Energy Limited (ASX:WBE)?

In this article, I'm going to take a look at Whitebark Energy Limited’s (ASX:WBE) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … 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 WBE's ownership structure in more detail.

Simply Wall St -

Interested In Whitebark Energy Limited (ASX:WBE)? Here's How It Performed Recently

When Whitebark Energy Limited (ASX:WBE) announced its most recent earnings (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Check out our latest analysis for Whitebark Energy How Did WBE's Recent Performance Stack Up Against Its Past? … For Whitebark Energy, its most recent trailing-twelve-month earnings is -AU$6.23M, which, relative to last year’s level, has become less negative.

Simply Wall St -

WBE Company Info

Description

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.

Details
Name: Whitebark Energy Limited
WBE
Exchange: ASX
Founded:
A$6,292,665
1,573,166,371
Website: http://www.whitebarkenergy.com
Address: Whitebark Energy Limited
6 Thelma Street,
Level 2,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX WBE Ordinary Shares Australian Securities Exchange AU AUD 24. Mar 2011
CHIA WBE Ordinary Shares Chi-X Australia AU AUD 24. Mar 2011
Number of employees
Current staff
Staff numbers
0
Whitebark Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 10:34
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2018/09/26
Last earnings reported: 2018/06/30
Last annual earnings reported: 2018/06/30


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.