New Zealand Oil & Gas Limited engages in the production, exploration, evaluation, and appraisal of oil and gas properties. More Details
Flawless balance sheet and overvalued.
Share Price & News
How has New Zealand Oil & Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NZO is more volatile than 90% of NZ stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: NZO's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NZ stocks.
7 Day Return
NZ Oil and Gas
1 Year Return
NZ Oil and Gas
Return vs Industry: NZO exceeded the NZ Oil and Gas industry which returned -24.1% over the past year.
Return vs Market: NZO underperformed the NZ Market which returned 10.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is New Zealand Oil & Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall StBreaking Down New Zealand Oil & Gas Limited's (NZSE:NZO) Ownership Structure
2 years ago | Simply Wall StWhat Does New Zealand Oil & Gas Limited's (NZE:NZO) Ownership Structure Look Like?
2 years ago | Simply Wall StNew Zealand Oil & Gas Limited (NZE:NZO): Risks You Need To Consider Before Buying
Is New Zealand Oil & Gas 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: NZO (NZ$0.53) is trading above our estimate of fair value (NZ$0.09)
Significantly Below Fair Value: NZO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NZO is unprofitable, so we can't compare its PE Ratio to the XO Oil and Gas industry average.
PE vs Market: NZO is unprofitable, so we can't compare its PE Ratio to the NZ market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NZO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NZO is good value based on its PB Ratio (0.6x) compared to the XO Oil and Gas industry average (1.8x).
How is New Zealand Oil & Gas 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 New Zealand Oil & Gas 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.
- Examine New Zealand Oil & Gas's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- New Zealand Oil & Gas competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has New Zealand Oil & Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NZO is currently unprofitable.
Growing Profit Margin: NZO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NZO is unprofitable, but has reduced losses over the past 5 years at a rate of 40.9% per year.
Accelerating Growth: Unable to compare NZO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NZO is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-61.9%).
Return on Equity
High ROE: NZO has a negative Return on Equity (-0.52%), as it is currently unprofitable.
How is New Zealand Oil & Gas's financial position?
Financial Position Analysis
Short Term Liabilities: NZO's short term assets (NZ$119.9M) exceed its short term liabilities (NZ$8.0M).
Long Term Liabilities: NZO's short term assets (NZ$119.9M) exceed its long term liabilities (NZ$29.7M).
Debt to Equity History and Analysis
Debt Level: NZO is debt free.
Reducing Debt: NZO has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NZO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NZO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9.6% per year.
What is New Zealand Oil & Gas's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NZO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NZO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NZO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NZO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NZO is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NZO's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Andrew William Jefferies, BEng(Mech), MSc Pet.Eng., MBA, has been the Chief Executive Officer of New Zealand Oil & Gas Limited since December 2016 and its Director since December 21, 2017. He was appoi...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD570.53K) is above average for companies of similar size in the NZ market ($USD232.93K).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
|CEO, MD & Director||4.08yrs||NZ$794.23k||0.027% |
|Chief Financial Officer||4yrs||no data||0.0046% |
|General Counsel||3.75yrs||no data||no data|
Experienced Management: NZO's management team is considered experienced (4 years average tenure).
|CEO, MD & Director||4.08yrs||NZ$794.23k||0.027% |
|Chairman of the Board||3.08yrs||no data||no data|
|Director||3.25yrs||no data||no data|
|Independent Director||7.25yrs||NZ$92.39k||no data|
|Independent Director||6.17yrs||NZ$92.39k||no data|
|Director||2.5yrs||no data||no data|
Experienced Board: NZO's board of directors are considered experienced (3.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
New Zealand Oil & Gas Limited's company bio, employee growth, exchange listings and data sources
- Name: New Zealand Oil & Gas Limited
- Ticker: NZO
- Exchange: NZSE
- Founded: 1981
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: NZ$87.185m
- Shares outstanding: 164.50m
- Website: https://www.nzog.com
- New Zealand Oil & Gas Limited
- 36 Tennyson Street
- Level 1
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NZO||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||Jan 1992|
|NZEO.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|NZEO.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Oct 2008|
New Zealand Oil & Gas Limited engages in the production, exploration, evaluation, and appraisal of oil and gas properties. It operates through Kupe Oil and Gas Field (Kupe), Oil & Gas Exploration, and Cue ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/26 06:02|
|End of Day Share Price||2021/01/26 00:00|
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.