OTCPK:CUEY.F

Stock Analysis Report

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Executive Summary

Cue Energy Resources Limited explores for, develops, and produces petroleum.


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

CUEY.F

0.7%

US Oil and Gas

2.8%

US Market


1 Year Return

n/a

CUEY.F

-33.6%

US Oil and Gas

9.3%

US Market

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

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


Shareholder returns

CUEY.FIndustryMarket
7 Day0%0.7%2.8%
30 Day0%6.6%8.9%
90 Day0%-13.9%-0.5%
1 Yearn/a-30.4%-33.6%11.8%9.3%
3 Yearn/a-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 Cue Energy Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

9.73x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CUEY.F ($0.08) is trading above our estimate of fair value ($0.07)

Significantly Below Fair Value: CUEY.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CUEY.F is good value based on its PE Ratio (9.7x) compared to the Oil and Gas industry average (9.8x).

PE vs Market: CUEY.F is good value based on its PE Ratio (9.7x) compared to the US market (14.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CUEY.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CUEY.F is overvalued based on its PB Ratio (1.2x) compared to the US Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is Cue Energy Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

51.3%

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 Cue Energy Resources 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 Cue Energy Resources performed over the past 5 years?

21.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CUEY.F has high quality earnings.

Growing Profit Margin: CUEY.F's current net profit margins (20.6%) are lower than last year (35.4%).


Past Earnings Growth Analysis

Earnings Trend: CUEY.F has become profitable over the past 5 years, growing earnings by 21.2% per year.

Accelerating Growth: CUEY.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CUEY.F had negative earnings growth (-39.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (-22.8%).


Return on Equity

High ROE: CUEY.F's Return on Equity (12.6%) is considered low.


Next Steps

Financial Health

How is Cue Energy Resources's financial position?


Financial Position Analysis

Short Term Liabilities: CUEY.F's short term assets (A$34.6M) exceed its short term liabilities (A$5.1M).

Long Term Liabilities: CUEY.F's short term assets (A$34.6M) exceed its long term liabilities (A$15.6M).


Debt to Equity History and Analysis

Debt Level: CUEY.F is debt free.

Reducing Debt: CUEY.F has not had any debt for past 5 years.

Debt Coverage: CUEY.F has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CUEY.F has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate CUEY.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CUEY.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CUEY.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 CUEY.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?

2.3yrs

Average board tenure


CEO

Matthew Boyall

2.83yrs

Tenure

AU$504,676

Compensation

Mr. Matthew Boyall has been Chief Executive Officer of Cue Energy Resources Limited since July 1, 2017. Mr. Boyall has been Cue's Commercial Manager since 2013. He has 19 years' experience in oil/gas and r ...


CEO Compensation Analysis

Compensation vs Market: Matthew's total compensation ($USD323.90K) is below average for companies of similar size in the US market ($USD614.21K).

Compensation vs Earnings: Matthew's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Samuel Kellner
Non-Executive Director2.25yrsno datano data
Peter Hood
Lead Independent Director2.08yrsAU$46.85k0.011% A$3.9k
Richard Malcolm
Independent Non-Executive Director2.25yrsAU$44.98kno data
Alastair McGregor
Non-Executive Chairman2.08yrsno datano data
Andrew Jefferies
Non-Executive Director2.25yrsno data0.0011% A$386.5
Rod Ritchie
Non-Executive Director2.25yrsAU$42.46kno data
Marco Argentieri
Non-Executive Director0.33yrno datano data

2.3yrs

Average Tenure

Experienced Board: CUEY.F's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Cue Energy Resources Limited
  • Ticker: CUEY.F
  • Exchange: OTCPK
  • Founded: 1981
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$52.359m
  • Listing Market Cap: AU$33.604m
  • Shares outstanding: 698.12m
  • Website: https://www.cuenrg.com.au

Location

  • Cue Energy Resources Limited
  • 10-16 Queen Street
  • Level 3
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CUEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1995
CUEY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1995
CU5ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1995
CUECHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1995

Biography

Cue Energy Resources Limited explores for, develops, and produces petroleum. It explores for oil and gas through its projects located in Indonesia, Australia, and New Zealand. The company was founded in 1981 and is headquartered in Melbourne, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/07 04:54
End of Day Share Price2020/02/07 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.