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Carnarvon Petroleum

OTCPK:CVON.F
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CVON.F
OTCPK
A$581M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Carnarvon Petroleum Limited explores for, develops, and produces oil and gas in Australia. The last earnings update was 145 days ago. More info.


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CVON.F Share Price and Events
7 Day Returns
0%
OTCPK:CVON.F
-3.1%
US Oil and Gas
-0.3%
US Market
1 Year Returns
15.4%
OTCPK:CVON.F
-17.4%
US Oil and Gas
3.9%
US Market
CVON.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Carnarvon Petroleum (CVON.F) 0% -11.8% -0.3% 15.4% 328.6% 233.3%
US Oil and Gas -3.1% 0.2% -7.8% -17.4% -6.4% -38.7%
US Market -0.3% 2.3% 2.3% 3.9% 36.7% 41.8%
1 Year Return vs Industry and Market
  • CVON.F outperformed the Oil and Gas industry which returned -17.4% over the past year.
  • CVON.F outperformed the Market in United States of America which returned 3.9% over the past year.
Price Volatility
CVON.F
Industry
5yr Volatility vs Market

CVON.F Value

 Is Carnarvon Petroleum undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Carnarvon Petroleum. This is due to cash flow or dividend data being unavailable. The share price is $0.3.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Carnarvon Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Carnarvon Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:CVON.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:CVN Share Price ** ASX (2019-07-08) in AUD A$0.43
United States of America Oil and Gas Industry PE Ratio Median Figure of 101 Publicly-Listed Oil and Gas Companies 12.6x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Carnarvon Petroleum.

OTCPK:CVON.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:CVN Share Price ÷ EPS (both in AUD)

= 0.43 ÷ 0.00

-544.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Carnarvon Petroleum is loss making, we can't compare its value to the US Oil and Gas industry average.
  • Carnarvon Petroleum is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Carnarvon Petroleum's expected growth come at a high price?
Raw Data
OTCPK:CVON.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -544.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-43.2%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 79 Publicly-Listed Oil and Gas Companies 0.37x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Carnarvon Petroleum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Carnarvon Petroleum's assets?
Raw Data
OTCPK:CVON.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.10
ASX:CVN Share Price * ASX (2019-07-08) in AUD A$0.43
United States of America Oil and Gas Industry PB Ratio Median Figure of 196 Publicly-Listed Oil and Gas Companies 1.05x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.8x
OTCPK:CVON.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CVN Share Price ÷ Book Value per Share (both in AUD)

= 0.43 ÷ 0.10

4.14x

* Primary Listing of Carnarvon Petroleum.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Carnarvon Petroleum is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Carnarvon Petroleum's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Carnarvon Petroleum has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CVON.F Future Performance

 How is Carnarvon Petroleum expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-43.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Carnarvon Petroleum expected to grow at an attractive rate?
  • Unable to compare Carnarvon Petroleum's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Carnarvon Petroleum's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Unable to compare Carnarvon Petroleum's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:CVON.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:CVON.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -43.2%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:CVON.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:CVON.F Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 0 -4 -11 1
2020-06-30 0 -1 -10 2
2019-06-30 0 1 -7 2
OTCPK:CVON.F Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -2 -1
2018-09-30 -3 0
2018-06-30 -4 1
2018-03-31 -4 -2
2017-12-31 -4 -5
2017-09-30 -5 -21
2017-06-30 -5 -37
2017-03-31 -6 -39
2016-12-31 -6 -41
2016-09-30 -4 -23
2016-06-30 -2 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Carnarvon Petroleum is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Unable to determine if Carnarvon Petroleum is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:CVON.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Carnarvon Petroleum Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CVON.F Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 -0.01 -0.01 -0.01 2.00
2020-06-30 -0.01 -0.01 -0.01 3.00
2019-06-30 -0.01 0.00 -0.01 3.00
OTCPK:CVON.F Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 -0.02
2017-06-30 -0.04
2017-03-31 -0.04
2016-12-31 -0.04
2016-09-30 -0.02
2016-06-30 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Carnarvon Petroleum will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Carnarvon Petroleum's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Carnarvon Petroleum has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CVON.F Past Performance

  How has Carnarvon Petroleum performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Carnarvon Petroleum's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Carnarvon Petroleum does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Carnarvon Petroleum's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Carnarvon Petroleum's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Carnarvon Petroleum's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Carnarvon Petroleum Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:CVON.F Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.89 4.91
2018-09-30 0.27 4.34
2018-06-30 1.43 3.78
2018-03-31 -1.58 3.77
2017-12-31 -4.59 3.77
2017-09-30 -20.78 3.91
2017-06-30 -36.98 4.05
2017-03-31 -38.84 3.79
2016-12-31 -40.70 3.53
2016-09-30 -23.03 3.57
2016-06-30 -5.37 3.61
2015-12-31 3.53 3.34
2015-09-30 6.65 3.64
2015-06-30 9.77 3.94
2014-12-31 -9.65 3.02 -0.97
2014-09-30 -4.82 -3.83 1.29
2014-06-30 -10.68 3.55
2014-03-31 20.96 3.52 8.05
2013-12-31 18.73 -9.76 7.69
2013-09-30 18.52 -9.07 5.17
2013-06-30 18.30 -8.39 2.66
2013-03-31 20.33 -5.58 1.07
2012-12-31 22.35 -2.78 -0.52
2012-09-30 26.38 -2.64 1.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Carnarvon Petroleum has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Carnarvon Petroleum has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Carnarvon Petroleum improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Carnarvon Petroleum's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Carnarvon Petroleum has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CVON.F Health

 How is Carnarvon Petroleum's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Carnarvon Petroleum's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Carnarvon Petroleum is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Carnarvon Petroleum's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Carnarvon Petroleum's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Carnarvon Petroleum has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Carnarvon Petroleum Company Filings, last reported 6 months ago.

OTCPK:CVON.F Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 117.75 0.00 48.46
2018-09-30 117.75 0.00 48.46
2018-06-30 118.78 0.00 64.16
2018-03-31 118.78 0.00 64.16
2017-12-31 98.73 0.00 51.51
2017-09-30 98.73 0.00 51.51
2017-06-30 98.93 0.00 53.51
2017-03-31 98.93 0.00 53.51
2016-12-31 103.60 0.00 60.10
2016-09-30 103.60 0.00 60.10
2016-06-30 135.51 0.00 88.31
2015-12-31 141.99 0.00 100.12
2015-09-30 141.99 0.00 100.12
2015-06-30 138.43 0.00 97.81
2014-12-31 136.53 0.00 43.26
2014-09-30 136.53 0.00 43.26
2014-06-30 104.76 0.00 50.01
2014-03-31 104.76 0.00 50.01
2013-12-31 91.08 0.00 20.40
2013-09-30 91.08 0.00 20.40
2013-06-30 96.83 0.00 19.78
2013-03-31 96.83 0.00 19.78
2012-12-31 86.03 0.00 16.71
2012-09-30 86.03 0.00 16.71
  • Carnarvon Petroleum has no debt.
  • Carnarvon Petroleum has not taken on any debt in the past 5 years.
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.

  • Carnarvon Petroleum has sufficient cash runway for 2 years based on current free cash flow.
  • Carnarvon Petroleum has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of -19.9% each year.
X
Financial health checks
We assess Carnarvon Petroleum's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Carnarvon Petroleum has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CVON.F Dividends

 What is Carnarvon Petroleum's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Carnarvon Petroleum dividends. Estimated to be 0% next year.
If you bought $2,000 of Carnarvon Petroleum shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Carnarvon Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Carnarvon Petroleum's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:CVON.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 67 Stocks 3.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:CVON.F Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.00 1.00
2020-06-30 0.00 1.00
2019-06-30 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Carnarvon Petroleum has not reported any payouts.
  • Unable to verify if Carnarvon Petroleum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Carnarvon Petroleum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Carnarvon Petroleum has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Carnarvon Petroleum's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Carnarvon Petroleum's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Carnarvon Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Carnarvon Petroleum has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CVON.F Management

 What is the CEO of Carnarvon Petroleum's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Adrian Cook
COMPENSATION A$741,590
AGE 52
TENURE AS CEO 8 years
CEO Bio

Mr. Adrian Caldwell Cook, B.Bus., C.A., M.App.Fin., FAICD has been the Chief Executive officer and Managing Director of Carnarvon Petroleum Limited since July 1, 2011. Mr. Cook served as a General Manager of Corporate of Carnarvon Petroleum Limited. He served as a General Manager of Finance and Corporate Development at Carnarvon Petroleum Limited since November 2, 2009. He served as Managing Director of Buru Energy Limited and its Chief Executive Officer until October 16, 2009. Mr. Cook has 20 years experience in finance and commercial management, primarily in the resources industry, including over 8 years in petroleum exploration, field development and production company management. He served as the Chief Financial Officer of Arc Energy Ltd. since April 26, 2006 and its Company Secretary since July 7, 2006. Mr. Cook served as Chief Financial Officer of Clough Limited's Oil and Gas Business Unit. He has over 19 years in the finance and accounting areas, having held senior roles in the energy industry with companies such as Rio Tinto and Clough Ltd. He served as a Director of Buru Energy Limited until October 16, 2009. He has been a Director at Carnarvon Petroleum Limited since July 1, 2011. Mr. Cook is a Member of the Institute of Chartered Accountants in Australia and a Fellow of the Financial Services Institute of Australasia.

CEO Compensation
  • Adrian's compensation has increased whilst company is loss making.
  • Adrian's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Carnarvon Petroleum management team in years:

8
Average Tenure
  • The average tenure for the Carnarvon Petroleum management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Adrian Cook

TITLE
CEO, MD & Executive Director
COMPENSATION
A$742K
AGE
52
TENURE
8 yrs

Thomson Naude

TITLE
CFO & Company Secretary
COMPENSATION
A$343K
TENURE
4 yrs

Philip Huizenga

TITLE
Chief Operating Officer
COMPENSATION
A$739K
TENURE
11.5 yrs

Andy Padman

TITLE
Chief Geophysicist

Jeff Goodall

TITLE
Chief Geologist
Board of Directors Tenure

Average tenure of the Carnarvon Petroleum board of directors in years:

8
Average Tenure
  • The tenure for the Carnarvon Petroleum board of directors is about average.
Board of Directors

Peter Leonhardt

TITLE
Non-Executive Chairman
COMPENSATION
A$118K
AGE
72
TENURE
14.3 yrs

Adrian Cook

TITLE
CEO, MD & Executive Director
COMPENSATION
A$742K
AGE
52
TENURE
8 yrs

Bill Foster

TITLE
Non-Executive Director
COMPENSATION
A$90K
TENURE
8.9 yrs

Peter Moore

TITLE
Independent Non-Executive Director
COMPENSATION
A$85K
TENURE
4.1 yrs

Gavin Ryan

TITLE
Non-Executive Director
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
15. Apr 19 Buy Foster Pty Ltd Company 15. Apr 19 15. Apr 19 113,636 $0.32 $35,811
14. Mar 19 Buy Gavin Ryan Individual 12. Mar 19 13. Mar 19 159,240 $0.32 $49,521
10. Mar 19 Buy Peter Moore Individual 07. Mar 19 07. Mar 19 100,000 $0.30 $29,519
07. Nov 18 Buy Gavin Ryan Individual 06. Nov 18 06. Nov 18 70,000 $0.27 $18,964
06. Nov 18 Buy Peter Moore Individual 05. Nov 18 05. Nov 18 50,000 $0.25 $12,731
X
Management checks
We assess Carnarvon Petroleum's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Carnarvon Petroleum has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CVON.F News

Simply Wall St News

CVON.F Company Info

Description

Carnarvon Petroleum Limited explores for, develops, and produces oil and gas in Australia. The company owns interests in the Phoenix project located in the Bedout Sub-basin within the greater Roebuck Basin; Buffalo project located in the Bonaparte Basin; and Labyrinth project located in the Roebuck Basin in the North West Shelf of Western Australia. It also holds interests in the Maracas project located in the Dampier Sub-Basin in the North West Shelf of Western Australia; Condor and Eagle projects located in the Vulcan sub basin in the Bonaparte basin; Outtrim project located in the Barrow sub-basin within the Northern Carnarvon basin of the North West Shelf of Western Australia; Cerberus located in the Carnarvon Basin; and Santa Cruz project located in the Carnarvon basin on the North-West Shelf of Western Australia. Carnarvon Petroleum Limited is headquartered in West Perth, Australia.

Details
Name: Carnarvon Petroleum Limited
CVON.F
Exchange: OTCPK
Founded:
A$409,311,836
1,350,824,248
Website: http://www.carnarvon.com.au
Address: Carnarvon Petroleum Limited
76 Kings Park Road,
Level 2,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CVN Ordinary Shares Australian Securities Exchange AU AUD 02. Jan 1992
OTCPK CVON.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB CJB Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
CHIA CVN Ordinary Shares Chi-X Australia AU AUD 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
Carnarvon Petroleum employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 00:12
End of day share price update: 2019/07/08 00:00
Last estimates confirmation: 2019/07/15
Last earnings filing: 2019/02/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.