How does PGY's PS Ratio compare to its peers?

PGY is expensive based on its Price-To-Sales Ratio (43x) compared to the peer average (9.5x).

How does PGY's PS Ratio compare vs other companies in the AU Oil and Gas Industry?

PGY is expensive based on its Price-To-Sales Ratio (43x) compared to the Australian Oil and Gas industry average (5.2x).

What is PGY's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate PGY's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of PGY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate PGY's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Pilot Energy (CHIA:PGY) - Stock Price, News & Analysis

PGY Stock Overview

Engages in the exploration, development, and production of oil and gas assets in Australia. More details

PGY fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$572K)

Earnings have declined by 33% per year over past 5 years

Does not have a meaningful market cap (A$25M)

Shareholders have been diluted in the past year

+ 1 more risk

Pilot Energy Limited Competitors

ADX Energy

ASX:ADX

AU$27.5m

High Peak Royalties

ASX:HPR

AU$17.7m

Bass Oil

ASX:BAS

AU$17.4m

Fitzroy River

ASX:FZR

AU$13.0m

Price History & Performance

Summary of all time highs, changes and price drops for Pilot Energy
Historical stock prices
Current Share Price	AU$0.015
52 Week High	AU$0.036
52 Week Low	AU$0.013
Beta	0.78
11 Month Change	0%
3 Month Change	-11.76%
1 Year Change	-37.50%
33 Year Change	-80.52%
5 Year Change	-25.00%
Change since IPO	-70.00%

Recent updates

Shareholder Returns

	PGY	AU Oil and Gas	AU Market
7D	0%	2.4%	1.2%
1Y	-37.5%	-13.9%	19.7%

Return vs Industry: PGY underperformed the Australian Oil and Gas industry which returned -13.9% over the past year.

Return vs Market: PGY underperformed the Australian Market which returned 19.7% over the past year.

Price Volatility

Is PGY's price volatile compared to industry and market?
PGY volatility
PGY Average Weekly Movement	13.9%
Oil and Gas Industry Average Movement	11.3%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: PGY's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: PGY's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
1998	n/a	Brad Lingo	www.pilotenergy.com.au

Pilot Energy Limited engages in the exploration, development, and production of oil and gas assets in Australia. It holds 100% working interests in WA-481-P exploration permit located in Perth Basin; and a 21.25% interest in WA-31-L production license that covers an area of 72km² located in Perth Basin. The company also focuses on production of blue hydrogen, green hydrogen, and ammonia projects.

Pilot Energy Limited Fundamentals Summary

How do Pilot Energy's earnings and revenue compare to its market cap?
PGY fundamental statistics
Market cap	AU$24.63m
Earnings (TTM)	-AU$3.38m
Revenue (TTM)	AU$572.16k

43.0x

P/S Ratio

-7.3x

P/E Ratio

Is PGY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PGY income statement (TTM)
Revenue	AU$572.16k
Cost of Revenue	AU$0
Gross Profit	AU$572.16k
Other Expenses	AU$3.95m
Earnings	-AU$3.38m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0021
Gross Margin	100.00%
Net Profit Margin	-590.54%
Debt/Equity Ratio	44.9%

How did PGY perform over the long term?

See historical performance and comparison

PGY Stock Overview

Risk Analysis

Pilot Energy Limited Competitors

ASX:ADX

AU$27.5m

ASX:HPR

AU$17.7m

ASX:BAS

AU$17.4m

ASX:FZR

AU$13.0m

Price History & Performance

Recent News & Updates

New major risk - Shareholder dilution

Pilot Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 3.855298 million.

New minor risk - Share price stability

First half 2024 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in 1H 2023)

New major risk - Financial position

Insufficient new directors

Recent updates

New major risk - Shareholder dilution

Pilot Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 3.855298 million.

New minor risk - Share price stability

First half 2024 earnings released: AU$0.002 loss per share (vs AU$0.004 loss in 1H 2023)

New major risk - Financial position

Insufficient new directors

New major risk - Shareholder dilution

Pilot Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 2.424 million.

Full year 2023 earnings released: AU$0.005 loss per share (vs AU$0.005 loss in FY 2022)

Pilot Energy Limited, Annual General Meeting, Feb 06, 2024

Pilot Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 2.424 million.

Pilot Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 2.424 million.

New major risk - Share price stability

First half 2023 earnings released: AU$0.004 loss per share (vs AU$0.002 loss in 1H 2022)

Pilot Energy Limited announced that it has received AUD 3 million in funding

Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.014 loss in FY 2021)

Pilot Energy Limited, Annual General Meeting, Feb 10, 2023

No longer forecast to breakeven

High number of new and inexperienced directors

Pilot Energy Limited Provides Update on the MWCEP

Insider recently bought AU$134k worth of stock

Pilot Energy Limited, Annual General Meeting, Aug 19, 2022

Pilot Energy Limited announced that it expects to receive AUD 2.2 million in funding

Triangle Energy (Global) Limited and Pilot Energy Limited Provide Update on Cliff Head Joint Venture

Pilot Energy Limited Provides Mid West Clean Energy Project- Stage 1 Cliff Head CCS Update

Pilot Energy Limited Commences Mid West Clean Energy Project

High number of new and inexperienced directors

Triangle Energy (Global) Limited (ASX:TEG) signed a Sales and Purchase agreement to acquire 13.058% stake in Exploration Permit EP437 in Northern Perth Basin from Pilot Energy Limited (ASX:PGY).

Pilot Energy Limited (ASX:PGY) acquired remaining 40% stake in Murphy Australia WA-481P Oil Pty Ltd, Exploration Permit WA-481-P from Key Cooper Basin Pty Ltd.

Pilot Energy Limited Provides Update on Its Recently Completed Mid West Region Feasibility Studies

Pilot Energy Limited Provides Operational Update on WA- 481- P

Pilot Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 0.100024 million.

Shareholder Returns

Price Volatility

About the Company

Pilot Energy Limited Fundamentals Summary

43.0x

-7.3x

Earnings & Revenue