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White Energy

ASX:WEC
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WEC
ASX
A$47M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

White Energy Company Limited engages in coal technology and exploration businesses in Australia, Indonesia, China, Singapore, South Africa, Mauritius, the United States, and the United Kingdom. The last earnings update was 42 days ago. More info.


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  • White Energy has significant price volatility in the past 3 months.
WEC Share Price and Events
7 Day Returns
0%
ASX:WEC
3.4%
AU Oil and Gas
1.7%
AU Market
1 Year Returns
106.8%
ASX:WEC
5.7%
AU Oil and Gas
5.9%
AU Market
WEC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
White Energy (WEC) 0% -1.1% 30% 106.8% -35% -46.5%
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
  • WEC outperformed the Oil and Gas industry which returned 5.7% over the past year.
  • WEC outperformed the Market in Australia which returned 5.9% over the past year.
Price Volatility
WEC
Industry
5yr Volatility vs Market

WEC Value

 Is White 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 White Energy. This is due to cash flow or dividend data being unavailable. The share price is A$0.091.
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 White Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are White Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:WEC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:WEC Share Price ** ASX (2019-04-24) in AUD A$0.09
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 White Energy.

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

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

= 0.09 ÷ -0.01

-8.92x

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

  • White Energy is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • White Energy is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does White Energy's expected growth come at a high price?
Raw Data
ASX:WEC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.92x
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 White Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on White Energy's assets?
Raw Data
ASX:WEC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.02
ASX:WEC Share Price * ASX (2019-04-24) in AUD A$0.09
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:WEC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.09 ÷ 0.02

3.77x

* Primary Listing of White Energy.

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

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

WEC Future Performance

 How is White 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 White 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 White Energy expected to grow at an attractive rate?
  • Unable to compare White Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare White Energy's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare White Energy's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:WEC 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:WEC 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:WEC Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -11 -3
2018-09-30 1 -9 -3
2018-06-30 1 -8 -3
2018-03-31 1 -9 -14
2017-12-31 1 -9 -25
2017-09-30 2 -11 -27
2017-06-30 2 -12 -28
2016-12-31 -14 -20 6
2016-09-30 -6 -23 -2
2016-06-30 1 -25 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if White Energy is high growth as no earnings estimate data is available.
  • Unable to determine if White 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:WEC 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 White Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:WEC Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.04
2017-12-31 -0.08
2017-09-30 -0.08
2017-06-30 -0.08
2016-12-31 0.02
2016-09-30 -0.01
2016-06-30 -0.03

*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 White 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 WEC’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. White 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. White 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 White 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.
White 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.

WEC Past Performance

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

ASX:WEC 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 0.87 -3.49 4.72
2018-09-30 0.84 -3.14 4.64
2018-06-30 0.82 -2.80 4.55
2018-03-31 0.95 -14.13 4.72
2017-12-31 1.42 -25.47 4.89
2017-09-30 1.72 -26.55 5.73
2017-06-30 2.02 -27.63 6.58
2016-12-31 -13.69 5.58 7.09
2016-09-30 -6.37 -2.25 7.98
2016-06-30 0.96 -10.08 8.87
2015-12-31 30.09 -36.07 11.32
2015-09-30 28.46 -32.44 12.65
2015-06-30 26.83 -28.81 13.98
2015-03-31 29.38 -39.46 14.69
2014-12-31 30.92 -51.08 15.29
2014-09-30 30.09 -51.57 15.59
2014-06-30 29.26 -52.06 15.90
2014-03-31 21.85 -59.46 17.01
2013-12-31 14.43 -66.87 18.12
2013-09-30 10.86 -90.26 17.44
2013-06-30 7.30 -113.64 16.75
2013-03-31 11.20 -104.61 16.42
2012-12-31 15.10 -95.57 16.10
2012-09-30 14.01 -96.42 16.46
2012-06-30 12.91 -97.27 16.81

*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 White 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 White 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 White 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 White 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.
White 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.

WEC Health

 How is White 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 White Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • White Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • White Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of White 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.
  • White 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 White Energy Company Filings, last reported 3 months ago.

ASX:WEC Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -45.23 32.03 6.38
2018-09-30 -45.23 32.03 6.38
2018-06-30 -45.76 32.94 0.87
2018-03-31 -45.76 32.94 0.87
2017-12-31 -31.55 29.15 1.28
2017-09-30 -31.55 29.15 1.28
2017-06-30 -25.09 28.65 3.24
2016-12-31 2.79 60.97 7.19
2016-09-30 2.79 60.97 7.19
2016-06-30 17.02 58.41 6.87
2015-12-31 69.48 54.06 15.69
2015-09-30 69.48 54.06 15.69
2015-06-30 101.34 48.08 25.95
2015-03-31 101.34 48.08 25.95
2014-12-31 125.79 40.54 41.60
2014-09-30 125.79 40.54 41.60
2014-06-30 139.56 22.46 56.48
2014-03-31 139.56 22.46 56.48
2013-12-31 169.24 18.19 56.37
2013-09-30 169.24 18.19 56.37
2013-06-30 181.82 13.75 86.91
2013-03-31 181.82 13.75 86.91
2012-12-31 236.36 11.71 99.20
2012-09-30 236.36 11.71 99.20
2012-06-30 297.28 36.87 138.57
  • White Energy has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if White 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.

  • White Energy has less than a year of cash runway based on current free cash flow.
  • White Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -54.4% each year.
X
Financial health checks
We assess White 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. White 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.

WEC Dividends

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

WEC Management

 What is the CEO of White 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
Brian Flannery
COMPENSATION A$145,541
AGE 67
TENURE AS CEO 8.6 years
CEO Bio

Mr. Brian J. Flannery, BE, has been the Chief Executive Officer, Managing Director and Executive Director of White Energy Company Limited since September 17, 2010. Mr. Flannery is a mining engineer with more than 40 years experience in the development, engineering, construction and management of open-cut and underground mining projects in Australia and overseas. Mr. Flannery served as Managing Director of Yancoal Resources Limited since March 21, 2006 until September 2010 and its Executive Director since April 15, 2005. He served as a Director of Mining at Yancoal Resources Limited from April 15, 2005 to March 21, 2006. Mr. Flannery served as Managing Director of White Mining Limited prior to its merger with Yancoal Resources Limited in April 2005. Subsequent to that merger Mr. Flannery held the position of Managing Director of Yancoal Australia Ltd until September 2010.

CEO Compensation
  • Brian's compensation has been consistent with company performance over the past year.
  • Brian's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the White Energy management team in years:

8.7
Average Tenure
  • The average tenure for the White Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Brian Flannery

TITLE
MD, CEO & Director
COMPENSATION
A$146K
AGE
67
TENURE
8.6 yrs

Allan McCarthy

TITLE
Chief Financial Officer
COMPENSATION
A$259K
TENURE
1.7 yrs

Mike Chapman

TITLE
Chief Operating Officer
COMPENSATION
A$482K
TENURE
8.8 yrs

David Franks

TITLE
Company Secretary
COMPENSATION
A$121K
AGE
48
TENURE
14.2 yrs
Board of Directors Tenure

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

8.6
Average Tenure
75.5
Average Age
  • The tenure for the White Energy board of directors is about average.
Board of Directors

Travers Duncan

TITLE
Chairman of the Board
COMPENSATION
A$111K
AGE
85
TENURE
8.6 yrs

Brian Flannery

TITLE
MD, CEO & Director
COMPENSATION
A$146K
AGE
67
TENURE
8.6 yrs

Graham Cubbin

TITLE
Independent Non-Executive Director
COMPENSATION
A$44K
AGE
70
TENURE
9.2 yrs

Vince O'Rourke

TITLE
Independent Non-Executive Director
COMPENSATION
A$79K
AGE
81
TENURE
8.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
12. Mar 19 Buy M&G Investment Management Limited Company 11. Mar 19 11. Mar 19 20,000,000 A$0.07 A$1,399,991
02. Jul 18 Buy Travers Duncan Individual 28. Jun 18 28. Jun 18 6,850,375 A$0.03 A$205,508
01. Jul 18 Buy Brian Flannery Individual 28. Jun 18 28. Jun 18 6,850,375 A$0.03 A$205,508
X
Management checks
We assess White 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. White 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.

WEC News

Simply Wall St News

How Much Did White Energy Company Limited's (ASX:WEC) CEO Pocket Last Year?

Brian Flannery has been the CEO of White Energy Company Limited (ASX:WEC) since 2010. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Brian Flannery's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Kind Of Shareholders Own White Energy Company Limited (ASX:WEC)?

Every investor in White Energy Company Limited (ASX:WEC) should be aware of the most powerful shareholder groups. … White Energy is a smaller company with a market capitalization of AU$32m, so it may still be flying under the radar of many institutional investors. … institutional investors have bought into the company.

Simply Wall St -

Is White Energy Company Limited's (ASX:WEC) CEO Incentives Align With Yours?

Brian Flannery has been the CEO of White Energy Company Limited (ASX:WEC) since 2010. … According to our data, White Energy Company Limited has a market capitalization of AU$25m, and pays its CEO total annual compensation worth AU$882k. … It would therefore appear that White Energy Company Limited pays Brian Flannery more than the median CEO remuneration at companies of a similar size, in the same market

Simply Wall St -

Breaking Down White Energy Company Limited's (ASX:WEC) Ownership Structure

In this article, I'm going to take a look at White Energy Company Limited’s (ASX:WEC) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … Therefore, it is beneficial for us to examine WEC's ownership structure in more detail.

Simply Wall St -

What You Must Know About White Energy Company Limited's (ASX:WEC) Market Risks

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … With a beta of 2.45, White Energy is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … However, this is the opposite to what WEC’s actual beta value suggests, which is higher stock volatility relative to the market.

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Is White Energy Company Limited's (ASX:WEC) CEO Salary Justified?

Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor. … Although CEO pay is not the be all and end all, it serves as a signal as to whether the board's and management's incentives are aligned with the rest of the shareholders.

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Who Are The Major Shareholders Of White Energy Company Limited (ASX:WEC)?

In this article, I will take a quick look at White Energy Company Limited’s (ASX:WEC) recent ownership structure – an unconventional investing subject, but an important one. … Private Company Ownership Another important group of owners for potential investors in WEC are private companies that hold a stake of 5.23% in WEC. … 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.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.

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White Energy Company Limited (ASX:WEC): Risks You Need To Consider Before Buying

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … White Energy has a beta of 1.7, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … However, this is the opposite to what WEC’s actual beta value suggests, which is higher stock volatility relative to the market.

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How Should Investors React To White Energy Company Limited's (ASX:WEC) CEO Pay?

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … Usually I would use earnings and market cap to account for variations in performance, however, WEC's negative earnings lower the effectiveness of this method. … Whether the company is fundamentally strong depends on WEC's financial health and its future outlook.

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Is White Energy Company Limited (ASX:WEC) Thriving Or Barely Surviving In The Oil & Gas Sector?

This rate is below the growth rate of the Australian stock market as a whole. … Below, I will examine the sector growth prospects, as well as evaluate whether WEC is lagging or leading its competitors in the industry. … If your initial investment thesis is around the growth prospects of WEC, there are other oil and gas companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

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WEC Company Info

Description

White Energy Company Limited engages in coal technology and exploration businesses in Australia, Indonesia, China, Singapore, South Africa, Mauritius, the United States, and the United Kingdom. The company holds license for the Binderless Coal Briquetting technology, which processes poor quality coal into a higher quality product. It also explores iron oxide-copper-gold-uranium styles of mineralization in tenements near Cooper Pedy, South Australia. White Energy Company Limited is headquartered in Brisbane, Australia.

Details
Name: White Energy Company Limited
WEC
Exchange: ASX
Founded:
A$46,984,992
516,318,597
Website: http://www.whiteenergyco.com
Address: White Energy Company Limited
167 Eagle Street,
Level 7,
Brisbane,
Queensland, 4000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX WEC Ordinary Shares Australian Securities Exchange AU AUD 07. Mar 2005
OTCPK WECF.F Ordinary Shares Pink Sheets LLC US USD 07. Mar 2005
DB XPK Ordinary Shares Deutsche Boerse AG DE EUR 07. Mar 2005
CHIA WEC Ordinary Shares Chi-X Australia AU AUD 07. Mar 2005
OTCPK WECF.Y SPON ADR Pink Sheets LLC US USD 19. Jun 2007
Number of employees
Current staff
Staff numbers
0
White Energy employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 10:32
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: 2018/06/30


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.