Carnarvon Petroleum Limited explores for, develops, and produces oil and gas in Australia.
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Carnarvon Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CVON.F has not had significant price volatility in the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: CVON.F underperformed the US Oil and Gas industry which returned -36.8% over the past year.
Return vs Market: CVON.F underperformed the US Market which returned 14.9% over the past year.
Price Volatility Vs. Market
How volatile is Carnarvon Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Carnarvon Petroleum undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CVON.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CVON.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CVON.F is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: CVON.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CVON.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CVON.F is overvalued based on its PB Ratio (1.1x) compared to the US Oil and Gas industry average (0.7x).
How is Carnarvon Petroleum forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVON.F is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CVON.F is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CVON.F is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if CVON.F's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if CVON.F's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CVON.F is forecast to be unprofitable in 3 years.
How has Carnarvon Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVON.F is currently unprofitable.
Growing Profit Margin: CVON.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CVON.F is unprofitable, and losses have increased over the past 5 years at a rate of 6.4% per year.
Accelerating Growth: Unable to compare CVON.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CVON.F is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-24.7%).
Return on Equity
High ROE: CVON.F has a negative Return on Equity (-3.64%), as it is currently unprofitable.
How is Carnarvon Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: CVON.F's short term assets (A$120.2M) exceed its short term liabilities (A$940.0K).
Long Term Liabilities: CVON.F's short term assets (A$120.2M) exceed its long term liabilities (A$1.1M).
Debt to Equity History and Analysis
Debt Level: CVON.F is debt free.
Reducing Debt: CVON.F has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CVON.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CVON.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 25.9% each year
What is Carnarvon Petroleum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CVON.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CVON.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CVON.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CVON.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CVON.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Adrian Cook (53 yo)
Mr. Adrian Caldwell Cook, B.Bus., C.A., M.App.Fin., FAICD has been the Chief Executive officer and Managing Director of Carnarvon Petroleum Limited since July 1, 2011. Mr. Cook served as a General Manager ...
CEO Compensation Analysis
Compensation vs Market: Adrian's total compensation ($USD922.88K) is below average for companies of similar size in the US market ($USD1.33M).
Compensation vs Earnings: Adrian's compensation has increased whilst the company is unprofitable.
|CEO, MD & Executive Director||9.08yrs||AU$1.30m||1.02% |
|CFO & Joint Company Secretary||5.08yrs||AU$762.08k||0.26% |
|Chief Operating Officer||12.58yrs||AU$1.46m||0.77% |
|Chief Geophysicist||no data||no data||no data|
|Chief Geologist||no data||no data||no data|
|Exploration Manager||no data||no data||no data|
|Financial Controller & Joint Company Secretary||1yr||no data||no data|
Experienced Management: CVON.F's management team is seasoned and experienced (7.1 years average tenure).
|CEO, MD & Executive Director||9.08yrs||AU$1.30m||1.02% |
|Non-Executive Chairman||15.33yrs||AU$120.82k||0.75% |
|Non-Executive Director||5.17yrs||AU$78.80k||0.030% |
|Lead Independent Director||no data||AU$83.47k||0.052% |
|Non-Executive Director||2.08yrs||AU$72.86k||0.017% |
Experienced Board: CVON.F's board of directors are considered experienced (7.1 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.8%.
Carnarvon Petroleum Limited's company bio, employee growth, exchange listings and data sources
- Name: Carnarvon Petroleum Limited
- Ticker: CVON.F
- Exchange: OTCPK
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: AU$281.588m
- Listing Market Cap: AU$200.063m
- Shares outstanding: 1.56b
- Website: https://www.carnarvon.com.au
- Carnarvon Petroleum Limited
- 76 Kings Park Road
- Level 2
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CVN||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|CVON.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|CJB||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|CVN||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
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 acreage offshore of Western Aust ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/04 00:11|
|End of Day Share Price||2020/07/28 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.