Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

General Information

Nido Petroleum Limited
Oil & Gas Exploration & Production

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.02 $0.02 $0.02 $0.02 $0.02 100000 - ( No change )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Company Overview

Business Description
Nido Petroleum Limited (NDO) is an oil and gas exploration and production company holding a portfolio of producing assets and exploration prospects in the offshore North West Palawan Basin in the Philippines and the Penyu and West Natuna Basins in Indonesia.
Strategy Analysis
NDO's focus for 2010 is: Deliver the Tindalo oil field development to production with first oil and second revenue stream by the first half of 2010; Pursue possible strategic farmout transactions for the Company's deepwater acreage assets in the Palawan Basin, Philippines; Embark upon a drilling program involving the leading prospects in NDO's inventory; Maximise revenues from the Galoc oil field; Continue to manage cash prudently, ensuring responsible levels of general and administrative expenses; Enhance corporate social responsibility programs in Palawan, Philippines and Perth, Australia. . Nido Petroleum reported positive cash flow of $4.07m for quarter ended 30 September 2011. Operating cash flow for the period was $4.13m. Payments for exploration and evaluation were $(3.63m). Investing cash flow was $(54,000). Financing cash flow was nil. Cash in hand at the end of the quarter was $15.53m.

Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A -6.8 -0.3 0.0% 0.0 0.0 0.0% 0.0%
2013 A 20.0 1.0 66.7% 3.2 0.0 0.0% 0.0%
2012 A 8.4 0.6 114.3% 6.6 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Beach Energy (BPT) $1,534M 0.8455 -0.6734 -0.1559 5.9476 18.2099 21.5722 1.69% 2.54% 2.54%
Nido Petroleum (NDO) $50M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Oil Search (OSH) $12,319M 0.6947 0.2188 0.0507 27.9158 22.9049 21.8001 2.11% 2.27% 2.25%
Santos (STO) $7,818M 0.0505 -0.4801 0.9813 14.3146 27.5327 13.8963 0.00% 3.61% 4.70%
Woodside Petroleum (WPL) $28,672M 0.5477 -0.3400 -0.1526 9.7283 14.7389 17.3922 8.93% 5.41% 4.60%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.48 0.00
Market 0.91 16.80 1.31 2.35
Sector 1.04 13.30 0.62 8.05


Name Position Start Date
Mr Philip A Byrne Chief Executive Officer, Managing Director 01/06/2012
Mr Hugh Andrew Jon Edwards Non-Executive Director 11/12/2009
Mr Chaiwat Kovavisarach Non-Executive Director 01/10/2014
Mr Vichien Usanachote Non-Executive Director 01/10/2014
Mr William (Bill) Frederick Bloking Non-Executive Director, Non-Executive Chairman 06/02/2008


Name Position
Ashley Gilbert Chief Financial Officer
John Newman Company Secretary
J Pattillo Head of Exploration

Substantial Shareholders

Holding Name
406,951,875 (19.85%) Petroleum International Investment Corporation

Calendar of Events

Date Event
18 April 2016 Report (Annual)
17 March 2016 Report (Annual)
22 January 2016 Report (Quarterly)
16 October 2015 Report (Quarterly)
20 July 2015 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.