OB:IOX

Stock Analysis Report

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

Fundamentals

Mediocre balance sheet with weak fundamentals.

Risks

  • Interoil Exploration and Production has significant price volatility in the past 3 months.
  • Interoil Exploration and Production is not covered by any analysts.

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


Market Performance


7 Day Return

-5.9%

OB:IOX

-2.1%

NO Oil and Gas

-1.6%

NO Market


1 Year Return

-47.9%

OB:IOX

-28.6%

NO Oil and Gas

-14.3%

NO Market

IOX underperformed the Oil and Gas industry which returned -28.6% over the past year.

IOX underperformed the Market in Norway which returned -14.3% over the past year.


Share holder returns

IOXIndustryMarket
7 Day-5.9%-2.1%-1.6%
30 Day-21.6%-9.6%-4.9%
90 Day-32.1%-19.8%-8.3%
1 Year-47.9%-47.9%-25.6%-28.6%-9.6%-14.3%
3 Year21.9%21.9%30.4%16.0%36.7%19.1%
5 Year-71.9%-71.9%12.9%-9.3%37.0%6.3%

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


Intrinsic Value Based on Future Cash Flows

Interoil Exploration and Production's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Interoil Exploration and Production's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Interoil Exploration and Production is loss making, we can't compare its value to the NO Oil and Gas industry average.

Interoil Exploration and Production is loss making, we can't compare the value of its earnings to the Norway market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Interoil Exploration and Production, we can't assess if its growth is good value.


Price Based on Value of Assets

Interoil Exploration and Production has negative assets, we can't compare the value of its assets to the NO Oil and Gas industry average.


Next Steps

Future Growth

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

12.0%

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?

-50.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

Unable to compare Interoil Exploration and Production's 1-year growth to the NO Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Interoil Exploration and Production has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Interoil Exploration and Production has efficiently used its assets last year compared to the NO Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Interoil Exploration and Production improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.


Next Steps

Financial Health

How is Interoil Exploration and Production's financial position?


Financial Position Analysis

Interoil Exploration and Production's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Interoil Exploration and Production's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Interoil Exploration and Production has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Interoil Exploration and Production's debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

Interoil Exploration and Production has negative shareholder equity (liabilities exceed assets) therefore debt is not 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.

Whilst loss making Interoil Exploration and Production has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Interoil Exploration and Production has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -41.4% per year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Interoil Exploration and Production has not reported any payouts.

Unable to verify if Interoil Exploration and Production's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Interoil Exploration and Production 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 Interoil Exploration and Production's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average board tenure


CEO

Leandro Carbone 0

2.2yrs

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 over 20 years of experience in leading oil and gas projects. He started a ...


CEO Compensation Analysis

Leandro's remuneration is lower than average for companies of similar size in Norway.

Leandro's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

4.3yrs

Average Tenure

The tenure for the Interoil Exploration and Production board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Kris Jakobsen

    Financial Advisor

    • Tenure: 0.0yrs
    • Compensation: US$2.00k
  • Leandro Carbone

    Chief Executive Officer

    • Tenure: 2.2yrs
    • Compensation: US$156.00k
  • Pablo Creta

    CFO & GM

    • Tenure: 2.1yrs
    • Compensation: US$68.00k

Board Members

  • Mimi Berdal (60yo)

    Director

    • Tenure: 5.2yrs
    • Compensation: US$48.00k
  • Alberto Nicolas Vesga

    Director

    • Tenure: 3.5yrs
    • Compensation: US$23.00k
  • Håkon Sandby

    Alternate Director

    • Tenure: 6.7yrs
    • Compensation: US$29.00k
  • Hugo Quevedo

    Chairman

    • Tenure: 2.2yrs
    • Compensation: US$23.00k

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: kr225.297m
  • Shares outstanding: 94.27m
  • 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 Analysis2019/08/19 20:50
End of Day Share Price2019/08/19 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.