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Orion Petroleum Limited (OIP)

Orion Petroleum Limited (OIP)

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General Information
Company Name: Orion Petroleum
Stock Code: OIP
Website: www.orionpetroleum.com.au
Market Cap ($M): 7
Equiv. Shares (M): 155

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
  $ 0.048 $ 0.048 $ 0.048 $ 0.048 $ 0.052 22,000 $ -0.004  -7.692 %

Market Statistics
% of Market: n/a
% of Sector: 0.0059
Sector:
Industry Group:
Industry:

Company Overview
Company Overview
Orion Petroleum (OIP) is an oil and gas exploration company that operates within a number of petroleum exploration licences in northern NSW held by Eastern Star Gas Limited (ASX: ESG) or in which ESG had an interest. The company also aims to acquire interest in other petroleum exploration licences with the purpose of engaging in exploration, development and production of oil and/or gas.

Financial Summary
Year to n/a
NPAT
Rep $M
NPAT1
Adj $M
EPS
c
EPS chg
%
PER
x
PER rel
All Ords x
PER rel
Sector x
DPS
c
Yield
%
Franking
%
ROE
%
2007 n/a 0.0 n/a n/a 0.0
2008 n/a 0.0 n/a n/a 0.0
2009 n/a 0.0 0.0 n/a 0.0
1NPAT is normalised by removing non-recurring items and goodwill. All the above statistics are derived from normalised earnings.

Peer Comparison
P/E (x) EPS Change (%) Dividend Yield (%)
Company Code Last Price Mkt Cap 07A 08F 07A 08F 07A 08F
Woodside WPL $41.60 $32,454M 24.2163 20.6000 -36.0900 3.8000 2.3300 2.9000
Santos STO $13.30 $11,073M 46.6093 22.3000 -67.0300 97.4000 2.9800 3.8000
Oil Search OSH $5.84 $7,640M 64.3908 36.3000 -68.4800 69.5000 0.7700 1.1000
Arrow Energy AOE $4.68 $3,492M 1238.2660 316.3857 -93.0903 291.3787 0.0000 0.2137

Share Price Returns
3 Months (%) 6 Months (%) 12 Months (%)
OIP -35.1400 -41.4600 -66.8900
Sector
Market -6.7540 -1.9465 7.4232

Ratio Comparison
Year OIP Sector Market
P/E (x) FY07 0.0 n/a
FY08 0.0 n/a
Yield (%) FY07 0.0 n/a
FY08 0.0 n/a
EV/EBIT (x) FY07 0.0 n/a
FY08 0.0 n/a
EV/EBITDA (x) FY07 0.0 n/a
FY08 0.0 n/a

Directors
Name Position
R Langusch Director
D J Morton Director


Substantial Shareholders
Name % Holding
EASTERN STAR GAS LIMITED 23.0600
Ingalls & Snyder LLC 14.6400
Octanex 7.6200

Calendar of Events
Date Event
27-Nov-2008 AGM Date for Final Year Result
24-Oct-2008 Reporting Date for Final Year Result
18-Dec-2007 Trading Date for Initial Public Offering
11-Dec-2007 IssueDate for Initial Public Offering
04-Dec-2007 Retail Offer closes for Initial Public Offering


Data supplied by Aegis Equities Research Pty Limited (ACN 085 293 910).
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