AIM:GBP

Stock Analysis Report

Executive Summary

Global Petroleum Limited engages in the exploration of oil and gas properties in Africa.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: GBP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.1%

GBP

-0.6%

GB Oil and Gas

2.3%

GB Market


1 Year Return

-11.4%

GBP

1.2%

GB Oil and Gas

10.7%

GB Market

Return vs Industry: GBP underperformed the UK Oil and Gas industry which returned 1.2% over the past year.

Return vs Market: GBP underperformed the UK Market which returned 10.7% over the past year.


Shareholder returns

GBPIndustryMarket
7 Day-3.1%-0.6%2.3%
30 Day3.3%-5.0%2.9%
90 Day-4.6%-1.9%2.5%
1 Year-11.4%-11.4%6.3%1.2%16.4%10.7%
3 Year-11.4%-11.4%19.6%4.3%21.3%5.8%
5 Year-34.7%-34.7%53.3%23.7%41.0%8.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Global Petroleum undervalued compared to its fair value and its price relative to the market?

0.84x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GBP is overvalued based on its PB Ratio (0.8x) compared to the GB Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Global Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.1%

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 Global 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 Global Petroleum performed over the past 5 years?

49.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GBP is currently unprofitable.

Growing Profit Margin: GBP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GBP is unprofitable, but has reduced losses over the past 5 years at a rate of 49.5% per year.

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

Earnings vs Industry: GBP is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (24.7%).


Return on Equity

High ROE: GBP has a negative Return on Equity (-35.08%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Global Petroleum's financial position?


Financial Position Analysis

Short Term Liabilities: GBP's short term assets ($2.9M) exceed its short term liabilities ($326.0K).

Long Term Liabilities: GBP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GBP is debt free.

Reducing Debt: GBP has not had any debt for past 5 years.


Balance Sheet

Inventory Level: GBP has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GBP's debt is 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.

Stable Cash Runway: GBP has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GBP has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 3.4% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.1%industryaverage5.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate GBP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GBP's dividends per share have been stable in the past.

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


Next Steps

Management

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

7.0yrs

Average board tenure


CEO

Peter Hill 0

8.3yrs

Tenure

US$373,878

Compensation

Mr. Peter Gerard Hill, MA Law (Oxon) has been the Chief Executive Officer, Managing Director and Chief Financial Officer of Global Petroleum Ltd. since September 1, 2011. Mr. Gerard has extensive experienc ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD373.88K) is about average for companies of similar size in the UK market ($USD333.40K).

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


Board Age and Tenure

7.0yrs

Average Tenure

63yo

Average Age

Experienced Board: GBP's board of directors are considered experienced (7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • M. Hills

    Chief Accountant

    • Tenure: 0yrs
    • Compensation: US$59.82k
  • Andrew Draffin (43yo)

    Independent Non-Executive Director & Company Secretary

    • Tenure: 3.5yrs
    • Compensation: US$29.41k
  • Peter Hill

    MD, CEO

    • Tenure: 8.3yrs
    • Compensation: US$373.88k
  • Brian Brittney

    Consultant

    • Tenure: 0yrs

Board Members

  • John van der Welle (63yo)

    Non-Executive Chairman

    • Tenure: 5.8yrs
    • Compensation: US$45.98k
  • Garrick Higgins (63yo)

    Independent Non-Executive Director

    • Tenure: 2.2yrs
    • Compensation: US$29.37k
  • Peter Taylor (72yo)

    Non-Executive Director

    • Tenure: 18.2yrs
    • Compensation: US$51.79k
  • Peter Blakey (78yo)

    Non-Executive Director

    • Tenure: 18.2yrs
    • Compensation: US$51.79k
  • Andrew Draffin (43yo)

    Independent Non-Executive Director & Company Secretary

    • Tenure: 3.5yrs
    • Compensation: US$29.41k
  • Peter Hill

    MD, CEO

    • Tenure: 8.3yrs
    • Compensation: US$373.88k

Company Information

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


Key Information

  • Name: Global Petroleum Limited
  • Ticker: GBP
  • Exchange: AIM
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$6.080m
  • Listing Market Cap: AU$3.130m
  • Shares outstanding: 202.65m
  • Website: https://www.globalpetroleum.com.au

Location

  • Global Petroleum Limited
  • 91 William Street
  • Level 4
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBPASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 1994
GBPAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJun 1994
GLKDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 1994
GBPCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 1994
GBPCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 1994

Biography

Global Petroleum Limited engages in the exploration of oil and gas properties in Africa. The company primarily owns a 85% participating interest in the Namibian project consisting of offshore blocks 1910B  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/15 20:54
End of Day Share Price2019/12/13 00:00
Earnings2019/06/30
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.