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WGO

Warrego EnergyASX:WGO Stock Report

Market Cap

AU$189.7m

7D

-24.4%

1Y

-31.1%

Updated

16 Oct, 2021

Data

Company Financials +
WGO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

WGO Overview

Warrego Energy Limited engages in the exploration and development of oil and gas properties.

Price History & Performance

Summary of all time highs, changes and price drops for Warrego Energy
Historical stock prices
Current Share PriceAU$0.15
52 Week HighAU$0.14
52 Week LowAU$0.28
Beta0.48
1 Month Change-27.91%
3 Month Change-35.42%
1 Year Change-31.11%
3 Year Changen/a
5 Year Changen/a
Change since IPO58.16%

Recent News & Updates

Shareholder Returns

WGOAU Oil and GasAU Market
7D-24.4%0.5%0.9%
1Y-31.1%48.9%20.2%

Return vs Industry: WGO underperformed the Australian Oil and Gas industry which returned 48.9% over the past year.

Return vs Market: WGO underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is WGO's price volatile compared to industry and market?
WGO volatility
WGO Beta0.48
Industry Beta1.28
Market Beta1

Stable Share Price: WGO is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: WGO's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aDennis Donaldhttps://www.warregoenergy.com

Warrego Energy Limited engages in the exploration and development of oil and gas properties. The company holds interest in the EP469 basin covering an area of 224 square kilometers; and interests in the STP-EPA-0127 basin, which comprises an area of 8,700 square kilometers located in Perth Basin, Western Australia. It also holds interests in the Tesorillo project, which include two petroleum exploration licenses, such as the Tesorillo and Ruedalabola permits covering an area of 38,000 hectares in Spain; and the El Romeral property, an integrated gas production and power station comprising of three production licenses located in the Guadalquivir basin, southern Spain.

Warrego Energy Fundamentals Summary

How do Warrego Energy's earnings and revenue compare to its market cap?
WGO fundamental statistics
Market CapAU$189.70m
Earnings (TTM)-AU$6.08m
Revenue (TTM)AU$488.38k

397.4x

P/S Ratio

-31.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WGO income statement (TTM)
RevenueAU$488.38k
Cost of RevenueAU$398.78k
Gross ProfitAU$89.60k
ExpensesAU$6.17m
Earnings-AU$6.08m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.005
Gross Margin18.35%
Net Profit Margin-1,245.00%
Debt/Equity Ratio0%

How did WGO perform over the long term?

See historical performance and comparison

Valuation

Is Warrego Energy undervalued compared to its fair value and its price relative to the market?

3x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate WGO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate WGO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WGO is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

PE vs Market: WGO 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 WGO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WGO is overvalued based on its PB Ratio (3x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

How is Warrego Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

78.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WGO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: WGO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: WGO's is expected to become profitable in the next 3 years.

Revenue vs Market: WGO is forecast to have no revenue next year.

High Growth Revenue: WGO is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WGO's Return on Equity is forecast to be very high in 3 years time (41.8%).


Past Performance

How has Warrego Energy performed over the past 5 years?

-39.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: WGO is currently unprofitable.

Growing Profit Margin: WGO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if WGO's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare WGO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WGO 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: WGO has a negative Return on Equity (-10.05%), as it is currently unprofitable.


Financial Health

How is Warrego Energy's financial position?


Financial Position Analysis

Short Term Liabilities: WGO's short term assets (A$15.3M) exceed its short term liabilities (A$7.7M).

Long Term Liabilities: WGO's short term assets (A$15.3M) exceed its long term liabilities (A$4.3M).


Debt to Equity History and Analysis

Debt Level: WGO is debt free.

Reducing Debt: WGO had no debt 5 years ago.


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: WGO has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WGO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 70.6% each year


Dividend

What is Warrego Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WGO'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 WGO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WGO'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 WGO'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?

1.4yrs

Average management tenure


CEO

Dennis Donald

no data

Tenure

AU$654,170

Compensation

Mr. Dennis Donald is the Co-founder, Group Chief Executive Officer and Managing Director of Warrego Energy Ltd. and has been its Director since March 21, 2019. Mr. Donald served as Managing Director, Chief...


CEO Compensation Analysis

Compensation vs Market: Dennis's total compensation ($USD485.54K) is above average for companies of similar size in the Australian market ($USD302.45K).

Compensation vs Earnings: Dennis's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: WGO's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: WGO's board of directors are not considered experienced ( 2.6 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: WGO 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 28.1%.


Top Shareholders

Company Information

Warrego Energy Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Warrego Energy Limited
  • Ticker: WGO
  • Exchange: ASX
  • Founded: 2007
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$189.700m
  • Shares outstanding: 1.22b
  • Website: https://www.warregoenergy.com

Location

  • Warrego Energy Limited
  • London House
  • Level 6
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:04
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.