COOPER ENERGY LIMITED (COE)
Share Price Analysis and Chart

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COE - COOPER ENERGY LIMITED

FNArena Sector : Crude Oil
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: 2.63
Index: ASX300 | ALL-ORDS

Cooper Energy is an Australian oil and gas exploration company with assets in the Cooper Basin in South Australia. It has been listed since 2002.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.185

25 Oct
2024

0.005

OPEN

$0.19

2.78%

HIGH

$0.19

2,169,447

LOW

$0.18

TARGET
$0.265 43.2% upside
OTHER COMPANIES IN THE SAME SECTOR
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FNARENA'S MARKET CONSENSUS FORECASTS
COE: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 4.3 0.8 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 23.1 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-4.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx219.0 M
Book Value Per Share xxxxxxxxxxxxxxx15.8
Net Operating Cash Flow xxxxxxxxxxxxxxx-99.8 M
Net Profit Margin xxxxxxxxxxxxxxx-52.09 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-24.95 %
Return on Invested Capital xxxxxxxxxxxxxxx-17.27 %
Return on Assets xxxxxxxxxxxxxxx-8.01 %
Return on Equity xxxxxxxxxxxxxxx-24.95 %
Return on Total Capital xxxxxxxxxxxxxxx-2.93 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-151.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx254 M
Total Debt xxxxxxxxxxxxxxx255 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx14 M
Price To Book Value xxxxxxxxxxxxxxx1.42

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx66.5 M
Capex % of Sales xxxxxxxxxxxxxxx30.35 %
Cost of Goods Sold xxxxxxxxxxxxxxx191 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx47 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Bell Potter

16/10/2024

3

Hold

$0.23

24.32%

Cooper Energy reported stronger than expected results due to a robust 1Q25 from the Orbost gas plant which is operating near capacity on a more regular basis, the analyst at Bell Potter highlights.

Quarterly gas production and sales both exceeded the broker's forecasts, while Otway and Cooper basins continue to reflect slightly weaker results as the fields decline.

The company confirmed it will not move ahead with the three well program with East Coast Supply Project (Otway basin) without a partner and remains in discussions with Mitsui.

Bell Potter rates the stock as Hold with an unchanged target price of 23c. The analyst lifts EBITDA estimates by 8% in FY26.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of 0.70 cents.
Bell Potter forecasts a full year FY26 dividend of 0.00 cents and EPS of 1.40 cents.

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

5

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Wilsons

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Goldman Sachs

16/10/2024

3

Neutral

$0.25

35.14%

Goldman Sachs updates its forecasts for stocks under coverage in the Energy sector from available production data for the September quarter and marks-to-market for commodity prices and currency.

For commodity prices, the broker lowers its Brent crude and refining margin estimates and raises the spot LNG price forecast.

The broker's near-term Brent price forecast falls to US$70-85/bbl from US$75-90/bbl though a temporary peak at US$90/bbl is possible from potential disruptions to Iranian supply.

Goldman's JKM gas price forecast rises by 18% to US$13.5/mmbtu over the second half of 2024 and by 15% to US$12.2/mmbtu over 2025.

For Cooper Energy in the September quarter, the analysts forecast production of 1.1 mmboe, 6% above the consensus estimate.

The 25 cent target and Neutral rating are retained.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 0.00 cents and EPS of 1.66 cents.
Goldman Sachs forecasts a full year FY26 dividend of 0.00 cents and EPS of 3.22 cents.

Jarden

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Petra Capital

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Extra Coverage Research History >

COE STOCK CHART

FNArena News on COE

1
Australian Broker Call *Extra* Edition – Oct 22, 2024

Oct 22 2024 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Oct 17, 2024

Oct 17 2024 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Oct 16, 2024

Oct 16 2024 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Sep 11, 2024

Sep 11 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Sep 04, 2024

Sep 04 2024 - Daily Market Reports

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