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LUNE

Lundin EnergyOM:LUNE Stock Report

Market Cap

kr96.4b

7D

5.5%

1Y

65.0%

Updated

29 Nov, 2021

Data

Company Financials +
LUNE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health2/6
Dividends4/6

LUNE Stock Overview

Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway.

Lundin Energy Competitors

Tethys Oil

OM:TETY

kr1.9b

Exxon Mobil

NYSE:XOM

US$259.3b

Royal Dutch Shell

ENXTAM:RDSA

€143.0b

TotalEnergies

ENXTPA:TTE

€108.4b

Price History & Performance

Summary of all time highs, changes and price drops for Lundin Energy
Historical stock prices
Current Share Pricekr338.70
52 Week Highkr368.20
52 Week Lowkr204.40
Beta1.5
1 Month Change-0.15%
3 Month Change28.49%
1 Year Change64.98%
3 Year Change34.94%
5 Year Change88.38%
Change since IPO6,413.50%

Recent News & Updates

Nov 18
Lundin Energy AB (publ) (STO:LUNE) Shares Could Be 27% Below Their Intrinsic Value Estimate

Lundin Energy AB (publ) (STO:LUNE) Shares Could Be 27% Below Their Intrinsic Value Estimate

In this article we are going to estimate the intrinsic value of Lundin Energy AB (publ) ( STO:LUNE ) by taking the...

Sep 03
Is Now The Time To Put Lundin Energy (STO:LUNE) On Your Watchlist?

Is Now The Time To Put Lundin Energy (STO:LUNE) On Your Watchlist?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Aug 16
An Intrinsic Calculation For Lundin Energy AB (publ) (STO:LUNE) Suggests It's 39% Undervalued

An Intrinsic Calculation For Lundin Energy AB (publ) (STO:LUNE) Suggests It's 39% Undervalued

Does the August share price for Lundin Energy AB (publ) ( STO:LUNE ) reflect what it's really worth? Today, we will...

Shareholder Returns

LUNESE Oil and GasSE Market
7D5.5%-5.8%-2.6%
1Y65.0%19.6%29.3%

Return vs Industry: LUNE exceeded the Swedish Oil and Gas industry which returned 15.1% over the past year.

Return vs Market: LUNE exceeded the Swedish Market which returned 27.1% over the past year.

Price Volatility

Is LUNE's price volatile compared to industry and market?
LUNE volatility
LUNE Average Weekly Movement5.1%
Oil and Gas Industry Average Movement7.2%
Market Average Movement6.5%
10% most volatile stocks in SE Market11.8%
10% least volatile stocks in SE Market3.8%

Stable Share Price: LUNE is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: LUNE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001448Nick Walkerhttps://www.lundin-energy.com

Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2020, it had proved plus probable net reserves of 671 million barrels of oil equivalent (MMboe); and proved plus probable plus possible net reserves of 826 MMboe. The company was formerly known as Lundin Petroleum AB (publ) and changed its name to Lundin Energy AB (publ) in March 2020.

Lundin Energy Fundamentals Summary

How do Lundin Energy's earnings and revenue compare to its market cap?
LUNE fundamental statistics
Market CapUS$10.60b
Earnings (TTM)US$675.80m
Revenue (TTM)US$4.64b

15.7x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LUNE income statement (TTM)
RevenueUS$4.64b
Cost of RevenueUS$539.10m
Gross ProfitUS$4.10b
ExpensesUS$3.43b
EarningsUS$675.80m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 01, 2022

Earnings per share (EPS)2.37
Gross Margin88.38%
Net Profit Margin14.56%
Debt/Equity Ratio-204.5%

How did LUNE perform over the long term?

See historical performance and comparison

Valuation

Is Lundin Energy undervalued compared to its fair value and its price relative to the market?

27.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LUNE (SEK338.7) is trading below our estimate of fair value (SEK465.46)

Significantly Below Fair Value: LUNE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LUNE is poor value based on its PE Ratio (15.7x) compared to the European Oil and Gas industry average (11.3x).

PE vs Market: LUNE is good value based on its PE Ratio (15.7x) compared to the Swedish market (23.5x).


Price to Earnings Growth Ratio

PEG Ratio: LUNE is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: LUNE has negative assets, so we can't compare its PB Ratio to the SE Oil and Gas industry average.


Future Growth

How is Lundin Energy forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

11.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LUNE's forecast earnings growth (11.9% per year) is above the savings rate (0.3%).

Earnings vs Market: LUNE's earnings (11.9% per year) are forecast to grow faster than the Swedish market (4.1% per year).

High Growth Earnings: LUNE's earnings are forecast to grow, but not significantly.

Revenue vs Market: LUNE's revenue (3.3% per year) is forecast to grow slower than the Swedish market (5.4% per year).

High Growth Revenue: LUNE's revenue (3.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LUNE's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Lundin Energy performed over the past 5 years?

45.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LUNE has high quality earnings.

Growing Profit Margin: LUNE's current net profit margins (14.6%) are higher than last year (9.3%).


Past Earnings Growth Analysis

Earnings Trend: LUNE has become profitable over the past 5 years, growing earnings by 45.6% per year.

Accelerating Growth: LUNE's earnings growth over the past year (186.6%) exceeds its 5-year average (45.6% per year).

Earnings vs Industry: LUNE earnings growth over the past year (186.6%) exceeded the Oil and Gas industry 16.1%.


Return on Equity

High ROE: LUNE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Lundin Energy's financial position?


Financial Position Analysis

Short Term Liabilities: LUNE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: LUNE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: LUNE has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: LUNE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: LUNE's debt is well covered by operating cash flow (80.3%).

Interest Coverage: LUNE's interest payments on its debt are well covered by EBIT (15.5x coverage).


Balance Sheet


Dividend

What is Lundin Energy current dividend yield, its reliability and sustainability?

4.83%

Current Dividend Yield


Upcoming Dividend Payment

TodayNov 30 2021Ex Dividend DateJan 04 2022Dividend Pay DateJan 11 20227 days from Ex DividendBuy in the next 35 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: LUNE's dividend (4.83%) is higher than the bottom 25% of dividend payers in the Swedish market (0.93%).

High Dividend: LUNE's dividend (4.83%) is in the top 25% of dividend payers in the Swedish market (3.79%)


Stability and Growth of Payments

Stable Dividend: LUNE's dividend payments have been volatile in the past 10 years.

Growing Dividend: LUNE's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (75.7%), LUNE's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LUNE's dividends in 3 years are forecast to be covered by earnings (60.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Nick Walker

0.83

Tenure

US$3,218,000

Compensation

Mr. Nicholas John Robert Walker, also known as Nick, has been President and Chief Executive Officer at Lundin Energy AB since January 01, 2021. Mr. Walker had been the Chief Operating Officer of Lundin Ene...


CEO Compensation Analysis

Compensation vs Market: Nick's total compensation ($USD3.22M) is above average for companies of similar size in the Swedish market ($USD2.29M).

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


Leadership Team

Experienced Management: LUNE's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: LUNE's board of directors are considered experienced (7.5 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Lundin Energy AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Lundin Energy AB (publ)
  • Ticker: LUNE
  • Exchange: OM
  • Founded: 2001
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: kr96.383b
  • Shares outstanding: 284.57m
  • Website: https://www.lundin-energy.com

Number of Employees


Location

  • Lundin Energy AB (publ)
  • Hovslagargatan 5
  • Stockholm
  • Stockholm County
  • 111 48
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 22:59
End of Day Share Price2021/11/29 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.