Executive Summary
BW Energy Limited engages in the acquisition, exploration, development, and production of oil and natural gas in Africa. More Details
Rewards
Risk Analysis
No risks detected for BWE from our risk checks.
Snowflake Analysis
Exceptional growth potential with excellent balance sheet.
Share Price & News
How has BW Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BWE is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: BWE's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
5.8%
BWE
5.7%
NO Oil and Gas
3.4%
NO Market
1 Year Return
n/a
BWE
-18.6%
NO Oil and Gas
-1.8%
NO Market
Return vs Industry: Insufficient data to determine how BWE performed against the Norwegian Oil and Gas industry.
Return vs Market: Insufficient data to determine how BWE performed against the Norwegian Market.
Shareholder returns
| BWE | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.8% | 5.7% | 3.4% |
| 30 Day | 46.8% | 18.5% | 12.5% |
| 90 Day | 11.9% | 3.7% | 7.4% |
| 1 Year | n/a | -14.5%-18.6% | 1.8%-1.8% |
| 3 Year | n/a | 0.1%-12.4% | 8.8%-3.4% |
| 5 Year | n/a | 40.7%12.3% | 54.8%24.2% |
Long-Term Price Volatility Vs. Market
How volatile is BW Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Does BW Energy's (OB:BWE) Statutory Profit Adequately Reflect Its Underlying Profit?3 months ago | Simply Wall St
Could The BW Energy Limited (OB:BWE) Ownership Structure Tell Us Something Useful?6 months ago | Simply Wall St
BW Energy Limited (OB:BWE) Analysts Just Slashed This Year's EstimatesValuation
Is BW Energy undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BWE (NOK21.5) is trading below our estimate of fair value (NOK399.62)
Significantly Below Fair Value: BWE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BWE is unprofitable, so we can't compare its PE Ratio to the NO Oil and Gas industry average.
PE vs Market: BWE is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BWE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BWE is overvalued based on its PB Ratio (1.3x) compared to the NO Oil and Gas industry average (0.7x).
Next Steps
Future Growth
How is BW Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
80.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BWE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: BWE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BWE's is expected to become profitable in the next 3 years.
Revenue vs Market: BWE's revenue (30% per year) is forecast to grow faster than the Norwegian market (6.1% per year).
High Growth Revenue: BWE's revenue (30% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BWE's Return on Equity is forecast to be high in 3 years time (25.3%)
Next Steps
Past Performance
How has BW Energy performed over the past 5 years?
-128.9%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: BWE is currently unprofitable.
Growing Profit Margin: BWE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if BWE's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare BWE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BWE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (264%).
Return on Equity
High ROE: BWE has a negative Return on Equity (-2.19%), as it is currently unprofitable.
Next Steps
Financial Health
How is BW Energy's financial position?
Financial Position Analysis
Short Term Liabilities: BWE's short term assets ($179.9M) exceed its short term liabilities ($58.5M).
Long Term Liabilities: BWE's short term assets ($179.9M) do not cover its long term liabilities ($250.4M).
Debt to Equity History and Analysis
Debt Level: BWE is debt free.
Reducing Debt: BWE has not had any debt for past 5 years.
Debt Coverage: BWE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BWE has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is BW Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BWE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BWE'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 BWE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BWE'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 BWE's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average board tenure
CEO
Carl Arnet (64 yo)
1.33yrs
Tenure
Mr. Carl Krogh Arnet has been the Chief Executive Officer at BW Energy Limited since July 1, 2019. Mr. Arnet has also been the Managing Director of APL since 1996. Prior to joining APL, Mr. Arnet had vario...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | no data | no data | |
| Independent Director | no data | no data | no data | |
| Director | 1yr | no data | no data | |
| Independent Director | 1yr | no data | no data | |
| Independent Director | 1yr | no data | no data |
1.0yrs
Average Tenure
50yo
Average Age
Experienced Board: BWE's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Ownership
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.
Ownership Breakdown
Dilution of Shares: BWE only recently listed within the past 12 months.
Top Shareholders
Company Information
BW Energy Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: BW Energy Limited
- Ticker: BWE
- Exchange: OB
- Founded: 2016
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: kr5.155b
- Shares outstanding: 234.30m
- Website: https://www.bwenergy.no
Number of Employees
Location
- BW Energy Limited
- Drammensveien 151
- Oslo
- Oslo
- 277
- Norway
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6BW | DB (Deutsche Boerse AG) | Yes | Share Capital | DE | EUR | Feb 2020 |
| BWE | OB (Oslo Bors) | Yes | Share Capital | NO | NOK | Feb 2020 |
Biography
BW Energy Limited engages in the acquisition, exploration, development, and production of oil and natural gas in Africa. It primarily holds interests in three hydrocarbon licenses in Gabon, Brazil, and Nam...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 17:20 |
| End of Day Share Price | 2020/11/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.