BST:OLX

Stock Analysis Report

Executive Summary

Oilex Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas in Australia, India, and Indonesia.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Risks

  • Oilex is not covered by any analysts.

Similar Companies

Share Price & News

How has Oilex's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

BST:OLX

9.5%

DE Oil and Gas

3.2%

DE Market


1 Year Return

n/a

BST:OLX

15.2%

DE Oil and Gas

-9.7%

DE Market

No trading data on OLX.

No trading data on OLX.


Share holder returns

OLXIndustryMarket
7 Day0%9.5%3.2%
30 Day0%-0.6%-4.4%
90 Dayn/a-0.3%-2.0%
1 Yearn/a18.8%15.2%-6.9%-9.7%
3 Yearn/a33.8%21.0%11.8%2.2%
5 Yearn/a107.7%76.5%26.9%9.5%

Price Volatility Vs. Market

How volatile is Oilex's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Oilex undervalued based on future cash flows and its price relative to the stock market?

2.5x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Oilex to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Oilex to establish if it is available at substantial discount.


Price Based on Earnings

Oilex is loss making, we can't compare its value to the DE Oil and Gas industry average.

Oilex is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Oilex, we can't assess if its growth is good value.


Price Based on Value of Assets

Oilex is overvalued based on assets compared to the DE Oil and Gas industry average.


Next Steps

Future Growth

How is Oilex expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-6.8%

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 Oilex 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.


Next Steps

Past Performance

How has Oilex performed over the past 5 years?

-0.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Oilex does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Oilex's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Oilex's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Oilex has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Oilex has efficiently used its assets last year compared to the DE Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Oilex improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Oilex's financial position?


Financial Position Analysis

Oilex is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Oilex's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Oilex has no debt.

Oilex has not taken on any debt in the past 5 years.


Balance Sheet

High level of physical assets or inventory.

Oilex has no debt, it does not need to be covered by short term assets.


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.

Oilex has less than a year of cash runway based on current free cash flow.

Oilex has less than a year of cash runway if free cash flow continues to grow at historical rates of 25.7% each year.


Next Steps

Dividend

What is Oilex's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Oilex's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Oilex's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Oilex has not reported any payouts.

Unable to verify if Oilex's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Oilex has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Oilex's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average management tenure


CEO

Joe Salomon (61yo)

2.8yrs

Tenure

AU$273,807

Compensation

Mr. Jonathan Arnold Salomon, also known as Joe, B APP SC (Geology), GAICD, has been Managing Director of Oilex Ltd. since March 18, 2016. Mr. Salomon served as Executive Director and Technical Director of  ...


CEO Compensation Analysis

Joe's remuneration is lower than average for companies of similar size in Germany.

Joe's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.6yrs

Average Tenure

The tenure for the Oilex management team is about average.


Board Age and Tenure

1.8yrs

Average Tenure

57yo

Average Age

The average tenure for the Oilex board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month insider trading information.


Recent Insider Transactions

BuyAU$265,37714 Aug 19
Republic Investment Management Pte Ltd
EntityCompany
Shares164,092,735
Max PriceAU$0.0016
BuyAU$55,61518 Dec 18
Republic Investment Management Pte Ltd
EntityCompany
Shares29,120,559
Max PriceAU$0.0019
SellAU$115,08420 Nov 18
Republic Investment Management Pte Ltd
EntityCompany
Shares20,000,000
Max PriceAU$0.0058
SellAU$100,78412 Nov 18
Republic Investment Management Pte Ltd
EntityCompany
Shares24,946,126
Max PriceAU$0.004

Ownership Breakdown


Management Team

  • Joe Salomon (61yo)

    MD & Director

    • Tenure: 2.8yrs
    • Compensation: AU$273.81k
  • Ranjeet Saroha

    Head of HR & Corporate Affairs

    • Tenure: 0.0yrs
  • Cathal Smith

    Legal Counsel and Commercial Manager

    • Tenure: 0.0yrs
  • Andrea Bissett

    Financial Controller

    • Tenure: 0.0yrs
  • Mark Bolton

    CFO & Company Secretary

    • Tenure: 2.6yrs
    • Compensation: AU$243.16k
  • Ashish Khare

    Head of India Assets

    • Tenure: 2.2yrs
    • Compensation: AU$171.72k

Board Members

  • Joe Salomon (61yo)

    MD & Director

    • Tenure: 2.8yrs
    • Compensation: AU$273.81k
  • Brad Lingo (57yo)

    Non-Executive Chairman

    • Tenure: 1.8yrs
    • Compensation: AU$70.96k
  • Paul Haywood (36yo)

    Independent Non-Executive Director

    • Tenure: 1.7yrs
    • Compensation: AU$53.20k

Company Information

Oilex Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oilex Ltd
  • Ticker: OLX
  • Exchange: BST
  • Founded: 1997
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$12.885m
  • Listing Market Cap: AU$8.112m
  • Shares outstanding: 2.58b
  • Website: https://www.oilex.com.au

Location

  • Oilex Ltd
  • 44a Kings Park Road
  • Ground Floor
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OEXASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 2003
OEXAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPOct 2003
OIEX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2003
OLXDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2003
OEXCHIA (Chi-X Australia)YesOrdinary SharesAUAUDOct 2003
OLXBST (Boerse-Stuttgart)YesOrdinary SharesDEEUROct 2003

Biography

Oilex Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas in Australia, India, and Indonesia. It primarily holds 45% interest in the Cambay field located in the  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/01/30 23:04
End of Day Share Price2018/11/02 00:00
Earnings2018/06/30
Annual Earnings2018/06/30


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.