OTCPK:COPJ.F

Stock Analysis Report

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Executive Summary

Cooper Energy Limited, an upstream oil and gas exploration and production company, engages in the discovery, commercialization, and sale of gas to south-east Australia.


Snowflake Analysis

High growth potential with acceptable track record.


Similar Companies

Share Price & News

How has Cooper Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: COPJ.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

COPJ.F

0.7%

US Oil and Gas

2.8%

US Market


1 Year Return

n/a

COPJ.F

-33.6%

US Oil and Gas

9.3%

US Market

Return vs Industry: Insufficient data to determine how COPJ.F performed against the US Oil and Gas industry.

Return vs Market: Insufficient data to determine how COPJ.F performed against the US Market.


Shareholder returns

COPJ.FIndustryMarket
7 Day0%0.7%2.8%
30 Day-3.4%6.6%8.9%
90 Day-6.7%-13.9%-0.5%
1 Yearn/a-30.4%-33.6%11.8%9.3%
3 Year14.3%14.3%-29.7%-37.1%31.4%22.7%
5 Yearn/a-37.8%-47.6%58.7%40.9%

Price Volatility Vs. Market

How volatile is Cooper Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: COPJ.F ($0.28) is trading below our estimate of fair value ($1.66)

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


Price To Earnings Ratio

PE vs Industry: COPJ.F is poor value based on its PE Ratio (97x) compared to the Oil and Gas industry average (9.7x).

PE vs Market: COPJ.F is poor value based on its PE Ratio (97x) compared to the US market (15.8x).


Price to Earnings Growth Ratio

PEG Ratio: COPJ.F is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: COPJ.F is overvalued based on its PB Ratio (1.5x) compared to the US Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Cooper Energy forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

94.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COPJ.F's forecast earnings growth (94.4% per year) is above the savings rate (2.2%).

Earnings vs Market: COPJ.F's earnings (94.4% per year) are forecast to grow faster than the US market (22% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: COPJ.F's revenue (53.7% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: COPJ.F's revenue (53.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COPJ.F's Return on Equity is forecast to be low in 3 years time (10.2%).


Next Steps

Past Performance

How has Cooper Energy performed over the past 5 years?

36.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COPJ.F has high quality earnings.

Growing Profit Margin: COPJ.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: COPJ.F has become profitable over the past 5 years, growing earnings by 36.7% per year.

Accelerating Growth: COPJ.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: COPJ.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.8%).


Return on Equity

High ROE: COPJ.F's Return on Equity (1.6%) is considered low.


Next Steps

Financial Health

How is Cooper Energy's financial position?


Financial Position Analysis

Short Term Liabilities: COPJ.F's short term assets (A$168.3M) exceed its short term liabilities (A$62.2M).

Long Term Liabilities: COPJ.F's short term assets (A$168.3M) do not cover its long term liabilities (A$556.8M).


Debt to Equity History and Analysis

Debt Level: COPJ.F's debt to equity ratio (50.2%) is considered high.

Reducing Debt: Insufficient data to determine if COPJ.F's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: COPJ.F's debt is well covered by operating cash flow (24.2%).

Interest Coverage: Insufficient data to determine if COPJ.F's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Cooper Energy's current dividend yield, its reliability and sustainability?

0.61%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if COPJ.F'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 COPJ.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

David Maxwell (65yo)

8.67yrs

Tenure

AU$2,322,821

Compensation

Mr. David P. Maxwell, M.Tech, FAICD has been the Managing Director of Cooper Energy Limited since October 12, 2011. Mr. Maxwell served as Vice President and General Manager of LNG Business Development of B ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD1.54M) is below average for companies of similar size in the US market ($USD2.21M).

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


Leadership Team

NamePositionTenureCompensationOwnership
David Maxwell
MD & Executive Director8.67yrsAU$2.32m1.16% A$5.4m
Virginia Suttell
Chief Financial Officer3yrsAU$738.96k0.0025% A$11.6k
Michael Jacobsen
General Manager of Projects & Operations0.42yrAU$704.41kno data
Iain MacDougall
General Manager of HSEC & Technical Services0.42yrAU$816.19k0.16% A$761.9k
Alison Evans
Executive Officer0.83yrAU$656.86k0.11% A$518.3k
Andrew Thomas
General Manager of Exploration & Subsurface3.42yrsAU$854.64k0.27% A$1.2m
Duncan Clegg
General Manager of Development3.08yrsAU$857.28k0.0083% A$38.4k
Amelia Jalleh
Company Secretary & General Counsel0.83yrno datano data

1.9yrs

Average Tenure

Experienced Management: COPJ.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
David Maxwell
MD & Executive Director8.67yrsAU$2.32m1.16% A$5.4m
John Conde
Non-Executive Chairman7.33yrsAU$210.00k0.053% A$244.5k
Alice Joans Williams
Independent Non-Executive Director6.83yrsAU$130.00k0.011% A$51.1k
Hector Gordon
Non Executive Director8yrsAU$223.09k0.19% A$881.1k
Jeffrey Schneider
Independent Non-Executive Director8.67yrsAU$130.00k0.063% A$289.3k
Victoria Binns
Non-Executive Director0.25yrno datano data
Timothy Bednall
Non-Executive Director0.25yrno data0.0027% A$12.7k
Elizabeth Donaghey
Independent Non-Executive Director2yrsAU$100.20k0.0098% A$45.6k

7.1yrs

Average Tenure

65yo

Average Age

Experienced Board: COPJ.F's board of directors are considered experienced (7 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

Cooper Energy Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cooper Energy Limited
  • Ticker: COPJ.F
  • Exchange: OTCPK
  • Founded: 2001
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$683.192m
  • Listing Market Cap: AU$462.930m
  • Shares outstanding: 1.63b
  • Website: https://www.cooperenergy.com.au

Number of Employees


Location

  • Cooper Energy Limited
  • 70 Franklin Street
  • Level 8
  • Adelaide
  • South Australia
  • 5000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2002
COPJ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2002
CDPDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2002
COECHIA (Chi-X Australia)YesOrdinary SharesAUAUDMar 2002

Biography

Cooper Energy Limited, an upstream oil and gas exploration and production company, engages in the discovery, commercialization, and sale of gas to south-east Australia. It principally holds interest in the Sole gas field in the Gippsland Basin. As of June 30, 2019, the company had proved and probable reserves of approximately 52.7 million barrels of oil equivalent, and contingent resources of approximately 23.9 million barrels of oil equivalent. Cooper Energy Limited was incorporated in 2001 and is headquartered in Adelaide, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 04:23
End of Day Share Price2020/05/18 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.