Buru Energy Past Earnings Performance

Past criteria checks 0/6

Buru Energy's earnings have been declining at an average annual rate of -14.8%, while the Oil and Gas industry saw earnings growing at 32.8% annually. Revenues have been declining at an average rate of 16.9% per year.

Key information

-14.8%

Earnings growth rate

-9.1%

EPS growth rate

Oil and Gas Industry Growth	32.6%
Revenue growth rate	-16.9%
Return on equity	-22.1%
Net Margin	-108.1%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
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How Buru Energy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CHIA:BRU Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	5	-5	10
30 Sep 23	6	-17	10
30 Jun 23	7	-29	11
31 Mar 23	10	-31	11
31 Dec 22	14	-33	10
30 Sep 22	14	-23	10
30 Jun 22	14	-14	11
31 Mar 22	12	-12	12
31 Dec 21	10	-11	13
30 Sep 21	9	-12	10
30 Jun 21	8	-12	7
31 Mar 21	9	-21	6
31 Dec 20	11	-29	5
30 Sep 20	12	-37	13
30 Jun 20	12	-46	21
31 Mar 20	13	-37	22
31 Dec 19	14	-28	23
30 Sep 19	16	-16	17
30 Jun 19	18	-5	11
31 Mar 19	19	12	11
31 Dec 18	20	30	11
30 Sep 18	19	28	11
30 Jun 18	17	26	12
31 Mar 18	13	10	10
31 Dec 17	8	-6	9
30 Jun 17	0	-30	9
31 Mar 17	0	-33	9
31 Dec 16	0	-36	9
30 Jun 16	3	-35	6
31 Mar 16	3	-38	8
31 Dec 15	3	-40	9
30 Sep 15	6	-37	17
30 Jun 15	9	-33	24
31 Mar 15	12	-33	26
31 Dec 14	15	-32	28
31 Dec 13	0	-30	33
30 Jun 13	5	-24	26

Quality Earnings: BRU is currently unprofitable.

Growing Profit Margin: BRU is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BRU is unprofitable, and losses have increased over the past 5 years at a rate of 14.8% per year.

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

Earnings vs Industry: BRU is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-41.1%).

Return on Equity

High ROE: BRU has a negative Return on Equity (-22.07%), as it is currently unprofitable.

Buru Energy Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: AU$0.008 loss per share (vs AU$0.057 loss in FY 2022)

First half 2023 earnings released: AU$0.01 loss per share (vs AU$0.017 loss in 1H 2022)

First half 2022 earnings released: AU$0.017 loss per share (vs AU$0.014 loss in 1H 2021)

First half 2021 earnings released: AU$0.014 loss per share (vs AU$0.053 loss in 1H 2020)

Full year 2020 earnings released

First half earnings released

Recent updates

Buru Energy Limited, Annual General Meeting, May 30, 2024

Full year 2023 earnings released: AU$0.008 loss per share (vs AU$0.057 loss in FY 2022)

Insufficient new directors

Buru Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 3.679229 million.

Buru Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 3.68 million.

New minor risk - Share price stability

New minor risk - Shareholder dilution

Buru Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 4.980501 million.

Buru Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 4.980501 million.

First half 2023 earnings released: AU$0.01 loss per share (vs AU$0.017 loss in 1H 2022)

New major risk - Financial position

Energy Resources Ltd acquired remaining 25% interest in Onshore Carnarvon Basin of Western Australia from Buru Energy Limited (ASX:BRU) for AUD 5 million.

Buru Energy Provides Update in Relation to the Restart of Production from the Ungani Oilfield

Buru Energy Limited (ASX:BRU) agreed to acquire remaining 50% interest in EP 428, EP 129, EP 391, EP 431 and EP436 from Origin Energy West Pty Ltd for AUD 34 million.

Buru Energy Limited (ASX:BRU) agreed to acquire remaining 50% interest in EP 428, EP 129, EP 391, EP 431 and EP436 from Origin Energy West Pty Ltd for AUD 34 million.

Buru Energy Limited Successful Applicant for Two Exploration Areas in the Onshore Carnarvon Basin

Buru Energy Limited Announces Suspension of Operations

Buru Energy Limited Provides an Update on the Status of its Commonwealth Government Grant Application to Support its Carbon Capture and Storage Feasibility Study in the Onshore Carnarvon Basin

Buru Energy Limited Announces Change of Company Secretary

Buru Energy Limited Announces the Appointment of Paul Bird as Chief Financial Officer, Effective 10 October 2022

First half 2022 earnings released: AU$0.017 loss per share (vs AU$0.014 loss in 1H 2021)

Buru Energy Limited Announces Chief Financial Officer Change

Buru Energy Limited (Buru) Advises Latest Lifting of Ungani Crude Oil from Wyndham Port Will Commence on 30 June 2022

Buru Energy Limited Appoints Thomas Nador as Chief Executive Officer

Buru Energy Limited Announces Independent Certification of the Resources of the Rafael Conventional Wet Gas Discovery in the Canning Basin of Northwest Western Australia

Buru Energy Limited, Annual General Meeting, May 19, 2022

Buru Energy Limited Announces Update on Rafael Flow Testing Operations

Buru Energy Limited Announces Rafael Testing Program Update

Buru Energy Limited Announces operations Update

Buru Energy Limited Provides Update on its Canning Basin Well Operations

Buru Energy Limited Provides Operations Update

Buru Energy Limited Spuds Ungani 8H Development Well

Buru Energy Limited Announces Operations Update

Buru Energy Limited Provides the Update on Canning Basin Rafael 1 Well Drilling Operations

First half 2021 earnings released: AU$0.014 loss per share (vs AU$0.053 loss in 1H 2020)

Buru Energy Limited Spuds Rafael 1 - High Upside Oil Exploration Well

Buru Energy Limited Spuds Currajong 1 - First Well in 2021 Drilling Program

Buru Energy Limited Announces Operations Update

Buru Energy Limited Provides Update on Canning Basin Exploration Program

Buru Energy Limited Announces the Commencement of Drilling Rig Mobilisation

Buru Energy Limited Announces Drilling Program Update

Buru Energy Limited Commences Major Canning Basin Exploration Drilling Program

Independent Non-Executive Director has left the company

Buru Energy Limited announced that it has received AUD 15 million in funding

Buru Energy Limited announced that it expects to receive AUD 15 million in funding

Independent Non-Executive Director has left the company

Full year 2020 earnings released

Buru Energy Limited Announces the Appointment of Three Independent Non-Executive Directors

Buru Energy Limited Enters into Farm-Out Transaction with the Origin Energy Group for Canning Basin-Wide Exploration Program

Buru Energy Limited Signs Marketing Agreement with BP Singapore Pte Limited

Buru Energy Limited Provides Operation Update

First half earnings released

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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