NZO Stock Overview
New Zealand Oil & Gas Limited engages in the production, exploration, evaluation, and appraisal of oil and gas properties.
New Zealand Oil & Gas Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$0.43|
|52 Week High||NZ$0.59|
|52 Week Low||NZ$0.41|
|1 Month Change||4.82%|
|3 Month Change||-1.14%|
|1 Year Change||1.16%|
|3 Year Change||-29.84%|
|5 Year Change||-41.61%|
|Change since IPO||-55.95%|
Recent News & Updates
|NZO||NZ Oil and Gas||NZ Market|
Return vs Industry: NZO underperformed the NZ Oil and Gas industry which returned 17.2% over the past year.
Return vs Market: NZO exceeded the NZ Market which returned -17.6% over the past year.
|NZO Average Weekly Movement||6.4%|
|Oil and Gas Industry Average Movement||11.5%|
|Market Average Movement||3.9%|
|10% most volatile stocks in NZ Market||7.7%|
|10% least volatile stocks in NZ Market||2.8%|
Stable Share Price: NZO is more volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NZO's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of NZ stocks.
About the Company
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 Energy Resources Limited segments. The company develops, produces, and sells natural gas, liquefied petroleum gas, and condensate.
New Zealand Oil & Gas Fundamentals Summary
|NZO fundamental statistics|
Is NZO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NZO income statement (TTM)|
|Cost of Revenue||NZ$38.25m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.077|
|Net Profit Margin||20.47%|
How did NZO perform over the long term?See historical performance and comparison
Is NZO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NZO?
Other financial metrics that can be useful for relative valuation.
|What is NZO's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NZO's PE Ratio compare to its peers?
|NZO PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ECTM ECA Marcellus Trust I
CNG CNG Vietnam
WEN Wentworth Resources
FORZ Forza Petroleum
NZO New Zealand Oil & Gas
Price-To-Earnings vs Peers: NZO is expensive based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (5.3x).
Price to Earnings Ratio vs Industry
How does NZO's PE Ratio compare vs other companies in the Oceanian Oil and Gas Industry?
Price-To-Earnings vs Industry: NZO is good value based on its Price-To-Earnings Ratio (5.7x) compared to the Oceanic Oil and Gas industry average (6.5x)
Price to Earnings Ratio vs Fair Ratio
What is NZO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||5.7x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NZO's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of NZO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate NZO's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate NZO's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is New Zealand Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
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- 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.
How has New Zealand Oil & Gas performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NZO has a high level of non-cash earnings.
Growing Profit Margin: NZO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NZO has become profitable over the past 5 years, growing earnings by 14.3% per year.
Accelerating Growth: NZO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NZO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (533.8%).
Return on Equity
High ROE: NZO's Return on Equity (15.8%) is considered low.
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How is New Zealand Oil & Gas's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NZO's short term assets (NZ$82.1M) exceed its short term liabilities (NZ$48.5M).
Long Term Liabilities: NZO's short term assets (NZ$82.1M) exceed its long term liabilities (NZ$71.5M).
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 0.8%.
Debt Coverage: NZO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NZO has no debt, therefore coverage of interest payments is not a concern.
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What is New Zealand Oil & Gas's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|New Zealand Oil & Gas Dividend Yield vs Market|
|Company (New Zealand Oil & Gas)||0%|
|Market Bottom 25% (NZ)||2.9%|
|Market Top 25% (NZ)||6.1%|
|Industry Average (Oil and Gas)||8.3%|
|Analyst forecast in 3 Years (New Zealand Oil & Gas)||n/a|
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.
Earnings Payout to Shareholders
Earnings Coverage: NZO is not paying a notable dividend for the NZ market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as NZO has not reported any payouts.
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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
|Andrew Jefferies's Compensation vs New Zealand Oil & Gas Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||NZ$836k||NZ$593k|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||NZ$794k||NZ$584k|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||NZ$848k||NZ$587k|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||NZ$899k||NZ$573k|
Compensation vs Market: Andrew's total compensation ($USD472.17K) is above average for companies of similar size in the NZ market ($USD307.36K).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Experienced Management: NZO's management team is seasoned and experienced (5.7 years average tenure).
Experienced Board: NZO's board of directors are considered experienced (4.8 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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 36.2%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
New Zealand Oil & Gas Limited's 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
- Implied Market Cap: NZ$97.448m
- Shares outstanding: 224.02m
- 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||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|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|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/28 00:00|
|End of Day Share Price||2022/09/28 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.