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General Information

Cooper Energy Limited
COE
http://www.cooperenergy.com.au
Oil & Gas Exploration & Production
91
332

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.28 $0.29 $0.29 $0.28 $0.29 519304 $0.01 ( 3.51% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation

Strong Buy
21/05/2015
3

Company Overview

Business Description
Cooper Energy Limited (COE) is an exploration and production company focusing on oil and gas. COE has a portfolio comprising of prospective acreage in the Cooper, Otway and Gippsland basins Australia, South Sumatra, Indonesia and the Gulf of Hammamet, Tunisia.
Strategy Analysis
As a conventional oil and gas explorer/producer, COE maintains activity in all focus areas. Exploration is taking place in Australia (Cooper and Otway basins), Indonesia, Tunisia and Romania whilst production is generated in Australia and Indonesia only. COE has budgeted for 2011 exploration expenditure with a domestic focus. Further production is contingent on the funding, and success of, exploration Cooper Energy reported NPAT of $4.56m for the half-year ended 31 December 2012. Revenues from ordinary activities were $23.37m, down 9.4% from last year. Basic and Diluted EPS were 1.4 cents compared to (1.9) cents last year. Net operating cash flow was $2.13m compared to $13.03m last year. No dividend was declared.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016 F 0.0 -0.2 0.0% 0.0 0.3 1.0% 0.0%
2015 F 0.0 -0.3 0.0% 0.0 0.0 0.0% 0.0%
2014 A 22.2 6.5 1,168.6% 7.3 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
Beach Energy (BPT) $1,391M 0.8455 -0.6850 -0.1968 5.3931 17.1200 21.3147 1.87% 2.80% 2.80%
Cooper Energy (COE) $95M 11.6862 0.0000 0.0000 4.4049 0.0000 0.0000 0.00% 0.00% 0.95%
Oil Search (OSH) $11,253M 0.6947 0.2540 -0.0652 25.5003 20.3357 21.7545 2.31% 2.37% 2.43%
Santos (STO) $7,929M 0.0505 -0.4799 0.9749 14.5164 27.9111 14.1326 0.00% 3.56% 4.63%
Woodside Petroleum (WPL) $28,730M 0.5477 -0.3403 -0.1521 9.7478 14.7773 17.4272 8.92% 5.40% 4.59%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 61.10 0.54 0.00
Market 0.99 17.00 1.32 1.59
Sector 1.18 14.20 0.58 0.34

Directors

Name Position Start Date
Mr Hector Mackenzie Gordon Executive Director 26/06/2012
Mr David Maxwell Managing Director 12/10/2011
Mr John Craig Conde Non-Executive Chairman 25/02/2013
Mr Jeffrey Warrington Schneider Non-Executive Director 12/10/2011
Ms Alice Joan Morrice Williams Non-Executive Director 28/08/2013

Management

Name Position
Jason de Ross Chief Financial Officer,Company Secretary
Eddy Glavas Commercial & Business Development Manager
Alison Evans Company Secretary,Legal Counsel
Andrew Thomas Exploration Manager
Iain MacDougall Operations Manager

Substantial Shareholders

Holding Name
60,590,884 (18.41%) Beach Energy Limited
20,924,029 (7.15%) Kinetic Investment Partners Limited
8,987,550 (6.56%) Acorn Capital Limited
17,610,891 (5.35%) National Australia Bank Limited

Calendar of Events

Date Event
21 April 2016 Report (Quarterly)
15 February 2016 Report (Interim)
19 January 2016 Report (Quarterly)
23 October 2015 Report (Quarterly)
02 October 2015 Report (Annual)
17 August 2015 Report (Prelim)
21 July 2015 Report (Quarterly)
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