Stock Analysis Report

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Fremont Petroleum

Executive Summary

Fremont Petroleum Corporation Limited engages in the exploration and development of oil and gas assets in the United States.

Snowflake Analysis

Mediocre balance sheet and overvalued.

Similar Companies

Share Price & News

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

Latest Share Price and Events

Stable Share Price: JUE's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




DE Oil and Gas


DE Market

1 Year Return




DE Oil and Gas


DE Market

Return vs Industry: JUE underperformed the German Oil and Gas industry which returned 38.8% over the past year.

Return vs Market: JUE underperformed the German Market which returned 3.4% over the past year.

Shareholder returns

7 Day-66.7%4.5%0.05%
30 Day-50.0%16.5%5.5%
90 Day-66.7%20.3%19.9%
1 Year-85.7%-85.7%43.6%38.8%5.7%3.4%
3 Year-94.4%-94.4%22.7%10.0%3.4%-4.7%
5 Year-99.4%-99.5%155.2%117.0%10.4%-4.5%

Price Volatility Vs. Market

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

Simply Wall St News

No news available


Is Fremont Petroleum 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 JUE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate JUE's fair value to establish if it is undervalued.

Price To Earnings Ratio

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

PE vs Market: JUE is unprofitable, so we can't compare its PE Ratio to the German market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JUE's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: JUE is good value based on its PB Ratio (0.5x) compared to the DE Oil and Gas industry average (1.3x).

Next Steps

Future Growth

How is Fremont Petroleum 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 Fremont Petroleum 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 Fremont Petroleum performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JUE is currently unprofitable.

Growing Profit Margin: JUE is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: JUE is unprofitable, but has reduced losses over the past 5 years at a rate of 52.1% per year.

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

Earnings vs Industry: JUE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).

Return on Equity

High ROE: JUE has a negative Return on Equity (-27.35%), as it is currently unprofitable.

Next Steps

Financial Health

How is Fremont Petroleum's financial position?

Financial Position Analysis

Short Term Liabilities: JUE's short term assets (A$155.5K) do not cover its short term liabilities (A$5.7M).

Long Term Liabilities: JUE's short term assets (A$155.5K) do not cover its long term liabilities (A$1.4M).

Debt to Equity History and Analysis

Debt Level: JUE's debt to equity ratio (23.6%) is considered satisfactory.

Reducing Debt: JUE's debt to equity ratio has increased from 0.07% to 23.6% 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: JUE has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: JUE is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.

Next Steps


What is Fremont Petroleum current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if JUE'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 JUE's dividend in 3 years as they are not forecast to pay a notable one for the German market.

Next Steps


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


Average management tenure


Tim Hart





Mr. Timothy Brian Hart, also known as Tim, has been the Chief Executive Officer and Managing Director at Fremont Petroleum Corporation Limited since July 15, 2016 and served as its Chief Operating Officer  ...

CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD254.98K) is below average for companies of similar size in the German market ($USD468.11K).

Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.

Leadership Team

Timothy Hart
MD & CEO4yrsAU$363.58k0.73% A$38.3k
Lonny Haugen
Chief Financial Officer8.08yrsAU$21.00k0.17% A$8.9k
Aaron Goss
Executive VP1.83yrsno datano data
Vanessa Lintz
Head Geologist3.42yrsno datano data
Robert Lees
Corporate Secretary5.08yrsAU$36.00kno data


Average Tenure

Experienced Management: JUE's management team is considered experienced (4 years average tenure).

Board Members

Stuart Middleton
Non Executive Director5.25yrsAU$72.72k1.06% A$55.7k
Samuel Jarvis
Non-Executive Director2.42yrsAU$48.00k5.11% A$267.9k
Thomas Crown
Non-Executive Chairman0.50yrno datano data


Average Tenure

Experienced Board: JUE's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 28%.

Top Shareholders

Company Information

Fremont Petroleum Corporation Limited's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Fremont Petroleum Corporation Limited
  • Ticker: JUE
  • Exchange: DB
  • Founded: 2006
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$8.542m
  • Listing Market Cap: AU$5.247m
  • Shares outstanding: 2.14b
  • Website: https://www.fremontpetroleum.com


  • Fremont Petroleum Corporation Limited
  • 113 North Santa Fe
  • Florence
  • Colorado
  • 81226
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FPLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2006
JUEDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2006
AUNX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJul 2006
FPLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2006
JUEHMSE (Hamburg Stock Exchange)YesOrdinary SharesDEEURJul 2006


Fremont Petroleum Corporation Limited engages in the exploration and development of oil and gas assets in the United States. The company’s flagship project is the 100% owned Pathfinder project covering an area of 21,500 acres in Denver Julesburg Basin in Colorado. It is also involved in the accumulation and operation of mineral prospective areas. The company was formerly known as Austin Exploration Limited and changed its name to Fremont Petroleum Corporation Limited in June 2017. Fremont Petroleum Corporation Limited was founded in 2006 and is headquartered in Florence, Colorado. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/15 22:01
End of Day Share Price2020/07/15 00:00
Annual Earnings2019/06/30

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.