OTCPK:RDFE.F

Stock Analysis Report

Executive Summary

Brookside Energy Limited, together with its subsidiaries, engages in the exploration and appraisal of oil and gas projects in Australia and the United States.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Risks

  • Brookside Energy is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:RDFE.F

-2.0%

US Oil and Gas

-1.6%

US Market


1 Year Return

n/a

OTCPK:RDFE.F

-26.0%

US Oil and Gas

-3.0%

US Market

No trading data on RDFE.F.

No trading data on RDFE.F.


Share holder returns

RDFE.FIndustryMarket
7 Day0%-2.0%-1.6%
30 Day0%-10.8%-5.7%
90 Dayn/a-10.6%0.2%
1 Yearn/a-23.3%-26.0%-0.8%-3.0%
3 Yearn/a-9.5%-17.6%38.1%29.1%
5 Yearn/a-34.8%-43.8%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

1.39x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Brookside Energy to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Brookside Energy to establish if it is available at substantial discount.


Price Based on Earnings

Brookside Energy is loss making, we can't compare its value to the US Oil and Gas industry average.

Brookside Energy is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Brookside Energy, we can't assess if its growth is good value.


Price Based on Value of Assets

Brookside Energy is overvalued based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

How is Brookside Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.2%

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 Brookside Energy 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

  • Take a look at our analysis of RDFE.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Brookside Energy's filings and announcements here.
  • Explore growth companies in the Energy industry.

Past Performance

How has Brookside Energy performed over the past 5 years?

54.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Brookside Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Brookside Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Brookside Energy's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Brookside Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Brookside Energy has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Brookside Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Brookside Energy's financial position?


Financial Position Analysis

Brookside Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Brookside Energy has no long term commitments.


Debt to Equity History and Analysis

Brookside Energy's level of debt (59.1%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (57% vs 59.1% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.3x debt.


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.

Brookside Energy has less than a year of cash runway based on current free cash flow.

Brookside Energy has less than a year of cash runway if free cash flow continues to grow at historical rates of 26.6% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Brookside Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Brookside Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Brookside Energy has not reported any payouts.

Unable to verify if Brookside Energy's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Brookside Energy has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

8.0yrs

Average management tenure


CEO

David Prentice (55yo)

15.3yrs

Tenure

AU$180,000

Compensation

Mr. David Prentice, Grad. Dip BA, MBA has been Non-executive Director at Comet Resources Ltd. since October 11, 2018. Mr. David Prentice serves as Executive Chairman at Lustrum Minerals Ltd. He has been th ...


CEO Compensation Analysis

David's remuneration is lower than average for companies of similar size in United States of America.

David's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

8.0yrs

Average Tenure

The average tenure for the Brookside Energy management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

15.3yrs

Average Tenure

The average tenure for the Brookside Energy board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Brookside Energy individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyAU$7,03908 Jul 19
David Prentice
EntityIndividual
Role
Chief Executive Officer
CEO, MD & Executive Director
Shares952,728
Max PriceAU$0.0074
BuyAU$7,56520 Dec 18
Michael Fry
EntityIndividual
Role
Chairman of the Board
Non Executive Chairman
Shares1,000,000
Max PriceAU$0.0079
BuyAU$601,33129 Oct 18
Mark Casey
EntityIndividual
Shares50,265,901
Max PriceAU$0.012

Ownership Breakdown


Management Team

  • David Prentice (55yo)

    CEO, MD & Executive Director

    • Tenure: 15.3yrs
    • Compensation: AU$180.00k
  • Perry Gilstrap

    Executive Director of Operations

    • Tenure: 0.0yrs
    • Compensation: AU$857.69k
  • Chris Girouard

    Vice President of Land

    • Tenure: 0.0yrs
    • Compensation: AU$424.74k
  • Kevin Humphrey

    Chief Financial Officer

    • Tenure: 8.0yrs
    • Compensation: AU$386.52k
  • Loren King Jones

    Company Secretary & Non-Executive Director

    • Tenure: 4.2yrs
    • Compensation: AU$30.00k

Board Members

  • Mike Fry (62yo)

    Non Executive Chairman

    • Tenure: 15.3yrs
    • Compensation: AU$50.00k
  • David Prentice (55yo)

    CEO, MD & Executive Director

    • Tenure: 15.3yrs
    • Compensation: AU$180.00k
  • Loren King Jones

    Company Secretary & Non-Executive Director

    • Tenure: 4.2yrs
    • Compensation: AU$30.00k

Company Information

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


Key Information

  • Name: Brookside Energy Limited
  • Ticker: RDFE.F
  • Exchange: OTCPK
  • Founded: 2004
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: AU$10.991m
  • Listing Market Cap: AU$7.440m
  • Shares outstanding: 999.22m
  • Website: https://www.brookside-energy.com.au

Number of Employees


Location

  • Brookside Energy Limited
  • 330 Churchill Avenue
  • Suite 9
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRKASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 2005
RDFE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2005
BRKCHIA (Chi-X Australia)YesOrdinary SharesAUAUDOct 2005

Biography

Brookside Energy Limited, together with its subsidiaries, engages in the exploration and appraisal of oil and gas projects in Australia and the United States. The company has net oil and gas reserves of 3. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 00:05
End of Day Share Price2019/07/24 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.