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ADVANCE ENERGY LIMITED (AVD)

ADVANCE ENERGY LIMITED (AVD)

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General Information
Company Name: Advance Energy Limited
Stock Code: AVD
Website: www.advanceenergyltd.com.au
GICS Sub-Industry: Oil & Gas Exploration & Production
Market Cap ($M): 1
Equiv. Shares (M): 315

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.004 $ 0.004 $ 0.004 $ 0.004 $ 0.004 57,049 0%

Company Overview

Business Description:
Advance Energy Limited (AVD) is an oil and gas exploration company. The company focuses on acquiring and developing oil and gas producing assets in USA. The company's initial portfolio includes producing assets with identified exploration upside located in Texas, USA. Advance Energy Martin County properties are situated in the south-central portion of Martin County approximately 32km northeast of the city of Midland, Texas in an area where there is easy access and no adverse environmental conditions.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2011  A -1.6 -0.7 -- 0.0 0.0 0.0 --
2010  A -9.0 -4.9 -- 0.0 0.0 0.0 --
2009  A -3.9 -2.9 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F 2009 A 2010 F 2011 F
Advance Energy (AVD) $1 M -- -- -- -- -- -- 0.0000 -- --
Beach Energy (BPT) $1,381 M -- 0.4697 -0.6552 18.5185 12.6002 36.5449 0.0157 0.0159 0.0169
Oil Search (OSH) $9,053 M 0.6203 -0.3491 0.2151 38.8571 59.7015 49.1329 0.0058 0.0059 0.0063
Santos (STO) $11,357 M 0.1340 0.2859 -0.1115 23.4507 18.2375 20.5270 0.0252 0.0252 0.0252
Woodside Petroleum (WPL) $25,632 M 0.1409 0.1682 0.1823 15.1137 12.9372 10.9423 0.0348 0.0379 0.0487

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
AVD -- -- -0.13 -- --
Market 1.12 11.1 0.96 2.31 2.55
Sector 1.05 19.1 1.30 1.11 11.2

Directors
Name Position Start Date
Mr Anthony Nelson Short Managing Director 16 November 2004
Mr Gordon Alfred Sklenka Non-Executive Director 16 November 2004
Mr Kip Plankinton Non-Executive Director 09 April 2009

Management
Name Position
Alistair Jobling Company Secretary

Substantial Shareholders
Holding Name
18,867,436 (5.98%) Fay Holdings Pty Ltd
31,914,062 (10.12%) HSBC Custody Nominees (Australia) Limited

Calendar of Events
Date Event
26 April 2013 Report (Quarterly)
23 April 2013 Report (Annual)
29 January 2013 Report (Quarterly)
25 October 2012 Report (Quarterly)
28 August 2012 Report (Interim)
27 July 2012 Report (Quarterly)
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