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Armour Energy

DB:8AN
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8AN
DB
A$24M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Armour Energy Limited, together with its subsidiaries, focuses on the discovery, development, and production of natural gas and associated liquid resources in Australia. The last earnings update was 17 days ago. More info.


Add to Portfolio Compare Print
  • Armour Energy has significant price volatility in the past 3 months.
8AN Share Price and Events
7 Day Returns
266.7%
DB:8AN
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-76.1%
DB:8AN
21.9%
DE Oil and Gas
-17.7%
DE Market
8AN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Armour Energy (8AN) 266.7% -46.3% -55.1% -76.1% -81% -62.1%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • 8AN underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • 8AN underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
8AN
Industry
5yr Volatility vs Market

Value

 Is Armour Energy 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 Armour Energy. This is due to cash flow or dividend data being unavailable. The share price is €0.011.
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 Armour Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Armour Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:8AN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$-0.03
ASX:AJQ Share Price ** ASX (2020-03-30) in AUD A$0.04
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

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

** Primary Listing of Armour Energy.

DB:8AN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.04 ÷ -0.03

-1.57x

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

  • Armour Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Armour Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Armour Energy's expected growth come at a high price?
Raw Data
DB:8AN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.57x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*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 Armour Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Armour Energy's assets?
Raw Data
DB:8AN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$0.07
ASX:AJQ Share Price * ASX (2020-03-30) in AUD A$0.04
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:8AN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.04 ÷ 0.07

0.58x

* Primary Listing of Armour Energy.

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

  • Armour Energy is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Armour Energy'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. Armour Energy has a total score of 1/6, 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.

Future Performance

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

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 Armour 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
13%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Armour Energy expected to grow at an attractive rate?
  • Unable to compare Armour Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Armour Energy's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Armour Energy's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:8AN Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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
DB:8AN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:8AN Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 26 -3 -13
2019-09-30 27 -2 -13
2019-06-30 28 -1 -12
2019-03-31 26 0 -10
2018-12-31 25 1 -8
2018-09-30 20 0 -10
2018-06-30 15 0 -12
2018-03-31 9 -3 -14
2017-12-31 4 -6 -16
2017-09-30 2 -7 -14
2017-06-30 1 -8 -11
2017-03-31 0 -8 -14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Armour Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Armour Energy 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
DB:8AN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Armour Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8AN Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 -0.03
2019-09-30 -0.02
2019-06-30 -0.02
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.03
2018-03-31 -0.04
2017-12-31 -0.05
2017-09-30 -0.04
2017-06-30 -0.04
2017-03-31 -0.04

*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 Armour Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Armour Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  2. Armour Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Armour Energy'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Armour Energy 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.

Past Performance

  How has Armour Energy 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 Armour Energy'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.
  • Armour Energy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Armour Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Armour Energy's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Armour Energy'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 Armour Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8AN Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 25.70 -13.45 6.18
2019-09-30 26.76 -12.56 6.18
2019-06-30 27.82 -11.68 6.17
2019-03-31 26.29 -10.09 5.96
2018-12-31 24.75 -8.49 5.72
2018-09-30 19.75 -10.02 6.36
2018-06-30 14.75 -11.56 6.99
2018-03-31 9.16 -13.57 7.24
2017-12-31 3.57 -15.59 7.50
2017-09-30 2.09 -13.53 7.01
2017-06-30 0.62 -11.47 6.52
2017-03-31 0.39 -14.46 6.34
2016-12-31 0.16 -17.45 6.15
2016-09-30 0.08 -18.16 6.23
2016-06-30 -18.87 6.31
2016-03-31 0.01 -14.91 6.15
2015-12-31 0.02 -10.96 5.99
2015-09-30 0.06 -8.77 5.06
2015-06-30 0.10 -6.58 4.12
2015-03-31 0.06 -7.65 4.56
2014-12-31 0.03 -8.72 4.99
2014-09-30 0.27 -7.69 5.84
2014-06-30 0.51 -6.67 6.69
2014-03-31 1.03 -1.42 6.65
2013-12-31 1.55 3.84 6.62
2013-09-30 1.94 2.71 5.88
2013-06-30 2.34 1.58 5.15
2013-03-31 2.21 -0.61 4.45

*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 Armour Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Armour Energy has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Armour Energy 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 Armour Energy'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.
Armour Energy 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.

Health

 How is Armour Energy'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 Armour Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Armour Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Armour Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Armour Energy'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.
  • Debt is not covered by short term assets, assets are 0.3x debt.
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 Armour Energy Company Filings, last reported 2 months ago.

DB:8AN Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 40.72 58.08 12.64
2019-09-30 40.72 58.08 12.64
2019-06-30 44.76 58.62 9.23
2019-03-31 44.76 58.62 9.23
2018-12-31 51.82 44.56 7.68
2018-09-30 51.82 44.56 7.68
2018-06-30 44.85 39.06 5.10
2018-03-31 44.85 39.06 5.10
2017-12-31 46.32 32.56 4.28
2017-09-30 46.32 32.56 4.28
2017-06-30 49.05 29.28 7.71
2017-03-31 49.05 29.28 7.71
2016-12-31 53.93 16.05 1.19
2016-09-30 53.93 16.05 1.19
2016-06-30 50.83 12.87 0.18
2016-03-31 50.83 12.87 0.18
2015-12-31 65.19 15.30 0.76
2015-09-30 65.19 15.30 0.76
2015-06-30 67.36 0.00 8.53
2015-03-31 67.36 0.00 8.53
2014-12-31 82.93 0.00 1.54
2014-09-30 82.93 0.00 1.54
2014-06-30 74.71 0.00 6.47
2014-03-31 74.71 0.00 6.47
2013-12-31 86.58 0.00 11.29
2013-09-30 86.58 0.00 11.29
2013-06-30 84.79 0.00 37.05
2013-03-31 84.79 0.00 37.05
  • Armour Energy's level of debt (142.7%) compared to net worth is high (greater than 40%).
  • Unable to establish if Armour Energy's debt level has increased without past 5-year debt data.
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.

  • Armour Energy has less than a year of cash runway based on current free cash flow.
  • Armour Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -9.6% each year.
X
Financial health checks
We assess Armour Energy'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. Armour Energy has a total score of 1/6, 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.

Dividends

 What is Armour Energy'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 Armour Energy dividends.
If you bought €2,000 of Armour Energy 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 Armour Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Armour Energy'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
DB:8AN 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 0 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Armour Energy has not reported any payouts.
  • Unable to verify if Armour Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Armour Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Armour 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.
X
Income/ dividend checks
We assess Armour Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Armour Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Armour Energy 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.

Management

 What is the CEO of Armour Energy'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
Bruce Frederick Clement
AGE 62
TENURE AS CEO 0 years
CEO Bio

Mr. Bruce Frederick William Clement, BSc, BEng (Hons), MBA, serves as Chief Executive Officer at Armour Energy Limited since March 2020. He serves as Non-Executive Director at Norwest Energy NL since December 2019. Mr. Clement served as an Executive Vice President of Conventional Oil & Gas at Santos Ltd. Since February 01, 2018 until November 27, 2018. Mr. Clement served as the Chief Executive Officer and Managing Director at AWE Limited from February 1, 2011 to May 2, 2016. Mr. Clement served as Transitional Consultant of Roc Oil Company Limited from June 2008 to October 2010. He served as Chief Executive Officer and Managing Director of Roc Oil Company Limited from September 2008 to October 2010 and Acting Chief Executive Officer from June 2008 to September 2008. He held the role of Vice President and responsible for Santos’ Narrabri Gas Project, Asian assets in Indonesia, Vietnam and Malaysia, and the Santos’s Western Australian oil assets. He served as Chief Operating Officer of Roc Oil Company since June 1, 2003 and also served as its Chief Financial Officer since 1999, Commercial Manager and Company Secretary until August 29, 2008. Mr. Clement has experience of upstream oil and gas industry and banking experience. He has extensive experience and knowledge of the Perth Basin and his experience of the Perth Basin encompasses exploration, development and production operations. He managed development of the Cliff Head oil field for Roc Oil. He joined ROC in 1997. Mr. Clement has had an extensive and successful career in the upstream energy sector, including experience in Australia and internationally having held engineering, technical, operational, financial, senior management, and board positions with a variety of companies including ExxonMobil, Ampolex, AIDC, Roc Oil, AWE and Santos. He served as an Engineer of Esso Australia Limited, where he served a variety of positions, including positions in planning, design and Project engineering and management for offshore oil field developments. He served as a Director of AWE New Zealand Pty Limited since February 1, 2011 until May 2, 2016. He served as a Director of AWE Limited until May 2, 2016. He served as an Executive Director of ROC Oil Co. Ltd. from July 1, 2007 to October 2010. Mr. Clement has been a Non-Executive Director at Anzon Energy Pty Limited since September 2008. Mr. Clement holds a Bachelors of Engineering and Science (Hons) from University of Sydney and a Master of Business Administration from Macquarie University. He holds BSc in Maths and Computer Science, BEng in Civil Hons and MBA.

CEO Compensation
  • Insufficient data for Bruce Frederick to compare compensation growth.
  • Insufficient data for Bruce Frederick to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Armour Energy management team in years:

1.2
Average Tenure
62
Average Age
  • The average tenure for the Armour Energy management team is less than 2 years, this suggests a new team.
Management Team

Nick Mather

TITLE
Executive Chairman
COMPENSATION
A$210K
AGE
62

Richard Aden

TITLE
Chief Financial Officer
COMPENSATION
A$357K
TENURE
1.7 yrs

Karl Schlobohm

TITLE
Company Secretary
COMPENSATION
A$54K
AGE
51

Bruce Frederick Clement

TITLE
Chief Executive Officer
AGE
62

Stewart Black

TITLE
Operations Manager
TENURE
1.2 yrs

Luke Titus

TITLE
Chief Technical Officer
COMPENSATION
A$312K
TENURE
0.6 yrs
Board of Directors Tenure

Average tenure and age of the Armour Energy board of directors in years:

8
Average Tenure
51
Average Age
  • The tenure for the Armour Energy board of directors is about average.
Board of Directors

Nick Mather

TITLE
Executive Chairman
COMPENSATION
A$210K
AGE
62

Stephen Bizzell

TITLE
Non-Executive Director
COMPENSATION
A$50K
AGE
51
TENURE
8 yrs

Roland Sleeman

TITLE
Independent Non-Executive Director
COMPENSATION
A$50K
TENURE
8.4 yrs

Eytan Uliel

TITLE
Independent Non-Executive Director
COMPENSATION
A$50K
AGE
46
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
17. Oct 19 Buy David Rooke Individual 04. Oct 19 04. Oct 19 450,000 €0.03 €13,869
17. Oct 19 Buy Rookharp Capital Pty Limited Company 30. Sep 19 30. Sep 19 20,000,000 €0.03 €618,529
03. Oct 19 Buy DGR Global Limited Company 27. Sep 19 30. Sep 19 150,000 €0.05 €7,446
03. Oct 19 Buy Tenstar Trading Limited Company 30. Sep 19 30. Sep 19 20,000,000 €0.03 €618,529
23. Apr 19 Buy Tenstar Trading Limited Company 17. Apr 19 17. Apr 19 22,275,072 €0.06 €1,243,876
X
Management checks
We assess Armour Energy'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. Armour Energy 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.

News

Simply Wall St News

Company Info

Description

Armour Energy Limited, together with its subsidiaries, focuses on the discovery, development, and production of natural gas and associated liquid resources in Australia. The company operates in two segments, Exploration & Evaluation and Production & Development. Its portfolio includes the Bowen-Surat, Isa Super, South Nicholson, and Georgina Basins in Queensland; and the McArthur Basin in the Northern Territory. The company also has exploration interests in the onshore Gippsland Basin in Victoria in joint venture with Lakes Oil, for gas and associated petroleum liquids. In addition, it develops and produces oil, gas, LPG, and condensate in the Roma Shelf, Surat Basin in Queensland. Armour Energy Limited was founded in 2009 and is based in Brisbane, Australia.

Details
Name: Armour Energy Limited
8AN
Exchange: DB
Founded: 2009
A$13,189,314
590,601,594
Website: http://www.armourenergy.com.au
Address: Armour Energy Limited
111 Eagle Street,
Level 27,
Brisbane,
Queensland, 4000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX AJQ Ordinary Shares Australian Securities Exchange AU AUD 26. Apr 2012
DB 8AN Ordinary Shares Deutsche Boerse AG DE EUR 26. Apr 2012
CHIA AJQ Ordinary Shares Chi-X Australia AU AUD 26. Apr 2012
CHIA AJQ Ordinary Shares Chi-X Australia AU AUD 26. Apr 2012
Number of employees
Current staff
Staff numbers
52
Armour Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 22:21
End of day share price update: 2020/03/30 00:00
Last earnings filing: 2020/03/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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.