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COE

Cooper Energy CHIA:COE Stock Report

Last Price

AU$0.29

Market Cap

AU$481.7m

7D

-1.7%

1Y

18.4%

Updated

29 Apr, 2022

Data

Company Financials +
COE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

COE Stock Overview

Cooper Energy Limited, an upstream oil and gas exploration and production company, engages in securing, finding, developing, producing, and selling of hydrocarbons to south-east Australia.

Rewards

Earnings are forecast to grow 95.94% per year

Risk Analysis

No risks detected for COE from our risk checks.

Cooper Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cooper Energy
Historical stock prices
Current Share PriceAU$0.29
52 Week HighAU$0.33
52 Week LowAU$0.20
Beta0.74
1 Month Change-1.70%
3 Month Change-2.52%
1 Year Change18.37%
3 Year Change-45.02%
5 Year Change-18.31%
Change since IPO-42.00%

Recent News & Updates

Shareholder Returns

COEAU Oil and GasAU Market
7D-1.7%-1.5%-1.6%
1Y18.4%33.2%4.8%

Return vs Industry: COE underperformed the Australian Oil and Gas industry which returned 33.2% over the past year.

Return vs Market: COE exceeded the Australian Market which returned 4.8% over the past year.

Price Volatility

Is COE's price volatile compared to industry and market?
COE volatility
COE Average Weekly Movement5.5%
Oil and Gas Industry Average Movement12.4%
Market Average Movement9.3%
10% most volatile stocks in AU Market16.4%
10% least volatile stocks in AU Market4.2%

Stable Share Price: COE is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: COE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200188David Maxwellhttps://www.cooperenergy.com.au

Cooper Energy Limited, an upstream oil and gas exploration and production company, engages in securing, finding, developing, producing, and selling of hydrocarbons to south-east Australia. It explores and evaluates oil and gas; and produces and sells crude oil in Cooper basin. The company also produces offshore gas from the Sole gas field in the Gippsland Basin, Victoria; and offshore gas and gas liquids from the Casino, Henry, Netherby gas fields in the Otway Basin, Victoria.

Cooper Energy Fundamentals Summary

How do Cooper Energy's earnings and revenue compare to its market cap?
COE fundamental statistics
Market CapAU$481.66m
Earnings (TTM)-AU$12.91m
Revenue (TTM)AU$178.50m

2.7x

P/S Ratio

-37.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
COE income statement (TTM)
RevenueAU$178.50m
Cost of RevenueAU$160.63m
Gross ProfitAU$17.87m
Other ExpensesAU$30.78m
Earnings-AU$12.91m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jul 20, 2022

Earnings per share (EPS)-0.0079
Gross Margin10.01%
Net Profit Margin-7.23%
Debt/Equity Ratio63.5%

How did COE perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


1.5x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: COE (A$0.29) is trading above our estimate of fair value (A$0.15)

Significantly Below Fair Value: COE is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: COE is good value based on its PB Ratio (1.5x) compared to the AU Oil and Gas industry average (2.5x).


Future Growth

How is Cooper Energy forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


95.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).

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

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

Revenue vs Market: COE's revenue (11.8% per year) is forecast to grow faster than the Australian market (5.1% per year).

High Growth Revenue: COE's revenue (11.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COE's Return on Equity is forecast to be low in 3 years time (5%).


Past Performance

How has Cooper Energy performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-50.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: COE is currently unprofitable.

Growing Profit Margin: COE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: COE is unprofitable, and losses have increased over the past 5 years at a rate of 50.9% per year.

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

Earnings vs Industry: COE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (396.5%).


Return on Equity

High ROE: COE has a negative Return on Equity (-4.02%), as it is currently unprofitable.


Financial Health

How is Cooper Energy's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: COE's short term assets (A$124.0M) exceed its short term liabilities (A$113.9M).

Long Term Liabilities: COE's short term assets (A$124.0M) do not cover its long term liabilities (A$512.5M).


Debt to Equity History and Analysis

Debt Level: COE's net debt to equity ratio (34.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if COE's debt to equity ratio has reduced over the past 5 years.


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: Whilst unprofitable COE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: COE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.2% per year.


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.28%

Forecast Dividend Yield

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if COE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as COE has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

David Maxwell (67 yo)

10.5yrs

Tenure

AU$1,707,222

Compensation

Mr. David P. Maxwell, M.Tech, FAICD has been the Managing Director of Cooper Energy Limited since October 12, 2011. Mr. Maxwell served as Vice President and General Manager of LNG Business Development of B...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD1.21M) is above average for companies of similar size in the Australian market ($USD813.83K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: COE's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: COE's board of directors are considered experienced (6.5 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Cooper Energy Limited
  • Ticker: COE
  • Exchange: CHIA
  • Founded: 2001
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: AU$481.657m
  • Shares outstanding: 1.63b
  • Website: https://www.cooperenergy.com.au

Number of Employees


Location

  • Cooper Energy Limited
  • 70 Franklin Street
  • Level 8
  • Adelaide
  • South Australia
  • 5000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/04/29 00:00
End of Day Share Price2022/04/29 00:00
Earnings2021/12/31
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.