OB:IOX

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Interoil Exploration and Production

Executive Summary

Interoil Exploration and Production ASA, together with its subsidiaries, operates as an upstream oil exploration and production company in Columbia and Norway.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Interoil Exploration and Production's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

5.9%

IOX

6.4%

NO Oil and Gas

3.5%

NO Market


1 Year Return

-19.6%

IOX

-9.2%

NO Oil and Gas

-8.5%

NO Market

Return vs Industry: IOX underperformed the Norwegian Oil and Gas industry which returned -9.2% over the past year.

Return vs Market: IOX underperformed the Norwegian Market which returned -8.5% over the past year.


Shareholder returns

IOXIndustryMarket
7 Day5.9%6.4%3.5%
30 Day24.0%3.7%6.2%
90 Day67.4%2.0%9.5%
1 Year-19.6%-19.6%-3.3%-9.2%-5.8%-8.5%
3 Year-51.5%-51.5%12.5%-1.3%14.0%1.6%
5 Year19.9%19.9%40.4%11.3%42.7%13.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Interoil Exploration and Production undervalued compared to its fair value and its price relative to the market?

2.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: IOX is unprofitable, so we can't compare its PE Ratio to the NO Oil and Gas industry average.

PE vs Market: IOX 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 IOX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IOX is overvalued based on its PB Ratio (2.8x) compared to the NO Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is Interoil Exploration and Production forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

45.2%

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 Interoil Exploration and Production 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 Interoil Exploration and Production performed over the past 5 years?

-45.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IOX is currently unprofitable.

Growing Profit Margin: IOX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IOX is unprofitable, and losses have increased over the past 5 years at a rate of 45.1% per year.

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

Earnings vs Industry: IOX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (1422.5%).


Return on Equity

High ROE: IOX has a negative Return on Equity (-89.77%), as it is currently unprofitable.


Next Steps

Financial Health

How is Interoil Exploration and Production's financial position?


Financial Position Analysis

Short Term Liabilities: IOX's short term assets ($6.8M) do not cover its short term liabilities ($8.9M).

Long Term Liabilities: IOX's short term assets ($6.8M) do not cover its long term liabilities ($24.3M).


Debt to Equity History and Analysis

Debt Level: IOX's debt to equity ratio (289.9%) is considered high.

Reducing Debt: IOX's debt to equity ratio has increased from 255.3% to 289.9% 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: Whilst unprofitable IOX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: IOX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.8% per year.


Next Steps

Dividend

What is Interoil Exploration and Production current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if IOX'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 IOX'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?

1.9yrs

Average board tenure


CEO

Leandro Carbone

3.17yrs

Tenure

US$156,000

Compensation

Mr. Leandro Carbone has been Chief Executive Officer of Interoil Exploration and Production ASA since June 9, 2017. Mr. Carbone has many years of experience in leading oil and gas projects. He started as a ...


CEO Compensation Analysis

Compensation vs Market: Leandro's total compensation ($USD156.00K) is below average for companies of similar size in the Norwegian market ($USD400.15K).

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


Board Members

NamePositionTenureCompensationOwnership
Mimi Berdal
Director6.17yrsUS$23.00kno data
Alberto Nicolas Vesga
Director4.5yrsUS$24.00kno data
German Ranftl
Director0.58yrUS$11.00kno data
Hugo Quevedo
Independent Chairman3.17yrsUS$46.00kno data
Laura Mármol
Director0.58yrUS$12.00kno data
Carmela Saccomanno
Director0.58yrUS$12.00kno data

1.9yrs

Average Tenure

Experienced Board: IOX's board of directors are not considered experienced ( 1.9 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: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 66.7%.


Top Shareholders

Company Information

Interoil Exploration and Production ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Interoil Exploration and Production ASA
  • Ticker: IOX
  • Exchange: OB
  • Founded: 2005
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: kr340.936m
  • Shares outstanding: 157.11m
  • Website: https://www.interoil.no

Number of Employees


Location

  • Interoil Exploration and Production ASA
  • Ruseløkkveien 14
  • Oslo
  • Oslo
  • 251
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IOXOB (Oslo Bors)YesOrdinary SharesNONOKOct 2005
0EVELSE (London Stock Exchange)YesOrdinary SharesGBNOKOct 2005
IOXOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKOct 2005
1ZDDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2005

Biography

Interoil Exploration and Production ASA, together with its subsidiaries, operates as an upstream oil exploration and production company in Columbia and Norway. The company acquires, explores for, develops, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/09 21:46
End of Day Share Price2020/08/07 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.