New Zealand Energy Corp., through its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. More Details
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has New Zealand Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NZ is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 63% a week.
Volatility Over Time: NZ's weekly volatility has decreased from 69% to 63% over the past year, but is still higher than 75% of Canadian stocks.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: NZ exceeded the Canadian Oil and Gas industry which returned -24.9% over the past year.
Return vs Market: NZ matched the Canadian Market which returned -0.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is New Zealand Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StHow Should Investors Feel About New Zealand Energy Corp.'s (CVE:NZ) CEO Pay?
7 months ago | Simply Wall StSome New Zealand Energy (CVE:NZ) Shareholders Have Taken A Painful 78% Share Price Drop
8 months ago | Simply Wall StIs New Zealand Energy Corp.'s (CVE:NZ) CEO Paid Enough Relative To Peers?
Is New Zealand Energy undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NZ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NZ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NZ is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.
PE vs Market: NZ is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NZ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NZ is overvalued based on its PB Ratio (1.9x) compared to the CA Oil and Gas industry average (0.9x).
How is New Zealand Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 New Zealand 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.
- Take a look at our analysis of NZ’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- New Zealand Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has New Zealand Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NZ is currently unprofitable.
Growing Profit Margin: NZ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NZ is unprofitable, but has reduced losses over the past 5 years at a rate of 75.6% per year.
Accelerating Growth: Unable to compare NZ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NZ is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-52.6%).
Return on Equity
High ROE: NZ has a negative Return on Equity (-122.25%), as it is currently unprofitable.
How is New Zealand Energy's financial position?
Financial Position Analysis
Short Term Liabilities: NZ's short term assets (CA$1.6M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: NZ's short term assets (CA$1.6M) do not cover its long term liabilities (CA$13.1M).
Debt to Equity History and Analysis
Debt Level: NZ is debt free.
Reducing Debt: NZ had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NZ has less than a year of cash runway if free cash flow continues to grow at historical rates of 72.6% each year.
What is New Zealand Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NZ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NZ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NZ's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Michael Adams, also known as Mike, M.Sc., B.Sc, MRSNZ has been the Chief Executive Officer of New Zealand Energy Corporation since July 17, 2015. He has of operational and reservoir engineering experie...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD166.16K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||5.33yrs||CA$410.85k||no data|
|Chief Financial Officer||0.25yr||no data||no data|
|Financial Controller||7.08yrs||no data||no data|
Experienced Management: NZ's management team is seasoned and experienced (5.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
New Zealand Energy Corp.'s company bio, employee growth, exchange listings and data sources
- Name: New Zealand Energy Corp.
- Ticker: NZ
- Exchange: TSXV
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$1.161m
- Shares outstanding: 232.12m
- Website: https://www.newzealandenergy.com
- New Zealand Energy Corp.
- L2, 86-96 Victoria Street
- PO Box 24 147
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NZ||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2011|
|NZER.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2011|
|0ZE||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2011|
New Zealand Energy Corp., through its subsidiaries, engages in the exploration and production of oil and natural gas in New Zealand. The company holds interests in three petroleum mining licenses, one petr...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 23:18|
|End of Day Share Price||2020/11/27 00:00|
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.