| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
WEL Overview
Winchester Energy Limited, together with its subsidiaries, engages in the acquisition and exploration of oil and gas properties in the United States and Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.016 |
| 52 Week High | AU$0.013 |
| 52 Week Low | AU$0.03 |
| Beta | 1.63 |
| 1 Month Change | 0% |
| 3 Month Change | 6.67% |
| 1 Year Change | -38.46% |
| 3 Year Change | -38.46% |
| 5 Year Change | -84.00% |
| Change since IPO | -91.35% |
Recent News & Updates
Shareholder Returns
| WEL | AU Oil and Gas | AU Market | |
|---|---|---|---|
| 7D | -5.9% | -4.1% | 0.6% |
| 1Y | -38.5% | 41.3% | 21.3% |
Return vs Industry: WEL underperformed the Australian Oil and Gas industry which returned 41.3% over the past year.
Return vs Market: WEL underperformed the Australian Market which returned 21.3% over the past year.
Price Volatility
| WEL volatility | |
|---|---|
| WEL Beta | 1.63 |
| Industry Beta | 1.29 |
| Market Beta | 1 |
Stable Share Price: WEL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: WEL's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | n/a | n/a | https://www.winchesterenergyltd.com |
Winchester Energy Limited, together with its subsidiaries, engages in the acquisition and exploration of oil and gas properties in the United States and Australia. As of March 16, 2021, it had 17,560 net acres within leases located in the Eastern Shelf of the Permian Basin in Texas. The company was incorporated in 2014 and is based in West Perth, Australia.
Winchester Energy Fundamentals Summary
| WEL fundamental statistics | |
|---|---|
| Market Cap | US$10.36m |
| Earnings (TTM) | -US$4.14m |
| Revenue (TTM) | US$1.93m |
5.4x
P/S Ratio-2.5x
P/E RatioIs WEL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WEL income statement (TTM) | |
|---|---|
| Revenue | US$1.93m |
| Cost of Revenue | US$733.12k |
| Gross Profit | US$1.20m |
| Expenses | US$5.34m |
| Earnings | -US$4.14m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0048 |
| Gross Margin | 62.05% |
| Net Profit Margin | -214.27% |
| Debt/Equity Ratio | 0.0% |
How did WEL perform over the long term?
See historical performance and comparisonValuation
Is Winchester Energy undervalued compared to its fair value and its price relative to the market?
1.18x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WEL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WEL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WEL is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.
PE vs Market: WEL 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 WEL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WEL is good value based on its PB Ratio (1.2x) compared to the AU Oil and Gas industry average (2.6x).
Future Growth
How is Winchester Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.5%
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 Winchester 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.
Past Performance
How has Winchester Energy performed over the past 5 years?
-0.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WEL is currently unprofitable.
Growing Profit Margin: WEL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WEL is unprofitable, and losses have increased over the past 5 years at a rate of 0.9% per year.
Accelerating Growth: Unable to compare WEL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WEL 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: WEL has a negative Return on Equity (-47.16%), as it is currently unprofitable.
Financial Health
How is Winchester Energy's financial position?
Financial Position Analysis
Short Term Liabilities: WEL's short term assets ($2.9M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: WEL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WEL is debt free.
Reducing Debt: WEL has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
Balance Sheet
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: WEL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: WEL has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.5% each year.
Dividend
What is Winchester Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WEL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WEL'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 WEL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WEL'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 WEL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average board tenure
CEO
Winchester Energy has no CEO, or we have no data on them.
Board Members
Experienced Board: WEL's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.4%.
Top Shareholders
Company Information
Winchester Energy Limited's employee growth, exchange listings and data sources
Key Information
- Name: Winchester Energy Limited
- Ticker: WEL
- Exchange: ASX
- Founded: 2014
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$13.821m
- Shares outstanding: 863.81m
- Website: https://www.winchesterenergyltd.com
Location
- Winchester Energy Limited
- 10 Outram Street
- Level 1
- West Perth
- Western Australia
- 6005
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 16:56 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.