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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Central Petroleum. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Central Petroleum's earnings available for a low price, and how does
this compare to other companies in the same industry?
Central Petroleum's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Central Petroleum's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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.
Central Petroleum's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Central Petroleum's finances.
The net worth of a company is the difference between its assets and liabilities.
Central Petroleum's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Central Petroleum's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Central 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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Central Petroleum has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Leon Goss Devaney, BSc. MBA, is Chief Executive Officer and Managing Director at Central Petroleum Limited since February 21, 2019 and was its Acting Chief Executive Officer from 31 July 2018 to February 21, 2019. Mr. Devaney is the Director of Central Petroleum Limited since November 14, 2018. He served as Chief Financial Officer of Central Petroleum Limited since November 2014 until August 2019. Mr. Devaney served as Chief Commercial Officer of Central Petroleum Ltd. since November 6, 2012. He joined Central Petroleum in November 2012. He has over 12 years of commercial and corporate finance experience within the Australian energy and resources sector. Prior to Central Petroleum Limited, he served as General Manager of Commercial and Financing at Queensland Gas Co. Ltd since March 6, 2007 and served as its Manager of Finance & Commercial Structuring and General Manager of Gas & Power. He joined QGC in 2004 He has 12 years of project finance and commercial structuring experience in both the US and Australia and 5 years of direct finance experience in the Australian CSG sector. Mr. Devaney was responsible for structuring and implementing QGC's commercial and debt-financing activities, including major gas and water supply agreements, the Condamine Power Station project, the LNG project's financing and the proposed power station project in NSW. He has previously been active in consulting and corporate finance advisory, holding senior positions at Deloitte Corporate Finance (Sydney) and PFM (Newport Beach, CA) where he specialised in structured and project finance. Much of his work involved emerging coal seam gas companies. In the 1990s, he worked in the United States on project financing for a wave of public and private mega-stadiums and arenas. Mr. Devaney holds an MBA and BSc. (Finance) from the University of Southern California, USA.
Leon's compensation has increased in line with Central Petroleum recently becoming profitable.
Leon's remuneration is about average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Central Petroleum management team is less than 2 years, this suggests a new team.
CEO, MD & Director
Chief Operations Officer
Daniel Christopher White
Group General Counsel & Joint Company Secretary
Chief Commercial Officer
General Manager of Exploration
Chief Financial Officer
Joint Company Secretary & Commercial Manager
Manager of Geology
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Central Petroleum board of directors is less than 3 years, this suggests a new board.
Board of Directors
CEO, MD & Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Central Petroleum individual insiders in the past 3 months, but not in substantial volumes.
Central Petroleum Limited engages in the development, production, processing, and marketing of hydrocarbons in Australia. It holds interests in various oil and gas properties comprising 188,767 square kilometers of exploration area located in the Amadeus, Southern Georgina, Wiso, and Surat Basins. The company was founded in 1998 and is headquartered in Brisbane, Australia.
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