Comet Ridge Ltd

Energy AU COI

0.195AUD
-0.005(2.50%)

Last update at 2024-04-30T06:10:00Z

Day Range

0.190.20
LowHigh

52 Week Range

0.130.24
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax -6.56500M -8.63400M -6.96000M -10.39500M -4.00100M
Minority interest - - - - -
Net income -6.56500M -9.74500M -3.51900M -8.40300M -4.07300M
Selling general administrative 2.20M 2.29M 1.70M 1.38M 2.19M
Selling and marketing expenses - - - - -
Gross profit - - - - 0.34M
Reconciled depreciation 0.12M 0.07M 0.07M 0.07M 0.05M
Ebit -3.65000M -7.52300M -6.94800M -10.37200M -3.92900M
Ebitda -3.52600M -7.45200M -6.88300M -10.30500M -3.87900M
Depreciation and amortization 0.12M 0.07M 0.07M 0.07M 0.05M
Non operating income net other - - - - -
Operating income -3.65000M -7.52300M -6.94800M -10.37200M -3.92900M
Other operating expenses 3.37M 3.89M 3.51M 8.45M 3.67M
Interest expense 2.92M 1.11M 0.01M 0.02M 0.07M
Tax provision 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Interest income 3.35M 4.75M 3.47M 2.04M 0.68M
Net interest income -2.76900M -1.11100M 0.00200M 0.07M 0.27M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 2.49M 1.11M -3.44100M -1.99200M 0.07M
Total revenue 0.15M 0.00600M 0.02M 0.09M 0.34M
Total operating expenses 3.37M 3.89M 3.51M 8.45M 3.67M
Cost of revenue - - - - -
Total other income expense net -0.42300M -1.11100M -0.01200M -0.02300M -0.07200M
Discontinued operations - - - - -
Net income from continuing ops -6.56500M -8.63400M -6.96000M -10.39500M -4.00100M
Net income applicable to common shares -6.56500M -8.63400M -6.96000M -10.39500M -4.00100M
Preferred stock and other adjustments - - - - -
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Total assets 111.36M 109.36M 76.23M 79.61M 78.13M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 1.36M 0.58M 0.58M 0.45M 0.47M
Total liab 47.05M 61.81M 25.82M 22.85M 21.96M
Total stockholder equity 64.31M 47.55M 50.41M 56.76M 56.17M
Deferred long term liab - - - - -
Other current liab 33.16M 31.92M 23.82M 0.54M 0.44M
Common stock 169.54M 145.69M 140.38M 140.20M 129.11M
Capital stock 169.54M 145.69M 140.38M 140.20M 129.11M
Retained earnings -106.80200M -100.23700M -91.60300M -84.64300M -74.24800M
Other liab 5.73M 7.24M 1.11M 20.92M 18.71M
Good will - - - - -
Other assets 1.48M - - - -
Cash 11.65M 7.42M 3.39M 4.64M 13.00M
Cash and equivalents - - - - -
Total current liabilities 34.11M 48.29M 24.71M 1.94M 3.24M
Current deferred revenue - 1.98M -13.15000M - -
Net debt -4.44600M 12.02M -3.39000M -4.63600M -12.99800M
Short term debt 0.00000M 13.15M 13.15M 0.00000M 0.00000M
Short long term debt - 13.15M - - -
Short long term debt total 7.21M 19.44M 19.44M 19.21M 17.19M
Other stockholder equity 1.25M 2.09M 1.63M 1.20M 1.31M
Property plant equipment 96.48M 100.94M 71.87M 72.83M 63.29M
Total current assets 13.39M 8.42M 4.36M 6.78M 14.84M
Long term investments - - - - -
Net tangible assets 64.31M 47.55M 50.41M 56.76M 56.17M
Short term investments - - - - -
Net receivables 0.06M 0.14M 0.09M 1.38M 0.48M
Long term debt 7.02M 6.17M 0.00000M 19.21M 17.19M
Inventory 0.33M 0.28M 0.30M 0.00400M 0.06M
Accounts payable 0.95M 1.24M 0.90M 1.40M 2.80M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 1.57M 2.09M 1.63M 1.20M 1.31M
Additional paid in capital - - - - -
Common stock total equity - - - 140.20M 129.11M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.48M -100.93600M -71.87400M -72.83500M 63.29M
Deferred long term asset charges - - - - -
Non current assets total 97.97M 100.94M 71.87M 72.83M 63.29M
Capital lease obligations 0.19M 0.12M - - -
Long term debt total 7.21M 6.29M 0.00000M 19.21M 17.19M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -6.58700M -20.32900M 0.74M -17.13900M -12.83200M
Change to liabilities -0.16300M -0.02800M -0.03600M -0.62100M 0.10M
Total cashflows from investing activities -6.58700M -20.32900M 0.74M -17.13900M -12.83200M
Net borrowings -8.12700M 23.10M 23.10M 23.10M 23.10M
Total cash from financing activities 14.62M 27.72M -0.00200M 11.09M 16.67M
Change to operating activities 0.10M 0.07M 0.09M 0.69M 0.36M
Net income -6.56500M -8.63400M -6.96000M -10.39500M -4.07300M
Change in cash 4.23M 4.03M -1.24600M -8.36200M 1.45M
Begin period cash flow 7.42M 3.39M 4.64M 13.00M 11.55M
End period cash flow 11.65M 7.42M 3.39M 4.64M 13.00M
Total cash from operating activities -3.80400M -3.35900M -1.98400M -2.31300M -2.38700M
Issuance of capital stock 24.00M 5.32M - 11.61M 17.42M
Depreciation 0.23M 0.46M 0.83M 5.70M 0.05M
Other cashflows from investing activities 0.81M -0.05000M 3.10M -0.01400M -0.02700M
Dividends paid - 23.15M 4.92M - -
Change to inventory - - 0.00400M 0.05M 0.02M
Change to account receivables 0.08M -0.04300M 0.02M 0.35M 0.34M
Sale purchase of stock -1.25400M -0.34900M -0.00200M -0.52400M -0.74700M
Other cashflows from financing activities -0.12100M 46.25M 0.74M -17.13900M -12.83200M
Change to netincome 2.52M 4.82M 4.07M 1.90M 0.59M
Capital expenditures 6.54M 8.33M 2.37M 17.12M 12.80M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.08M -0.04300M 0.03M 0.41M 0.31M
Stock based compensation 0.59M 0.80M 0.61M -0.11500M -
Other non cash items 2.53M 4.82M 4.15M 2.38M 3.95M
Free cash flow -10.34100M -11.68800M -4.35700M -19.43800M -12.80500M

Fundamentals

  • Previous Close 0.20
  • Market Cap216.02M
  • Volume871031
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-3.72700M
  • Revenue TTM0.03M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.15M
  • Diluted EPS TTM-0.01

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
COI
Comet Ridge Ltd
-0.005 2.50% 0.20 - - 8521.54 3.75 - -38.0116
WDS
Woodside Energy Group Ltd
0.04 0.14% 28.23 21.04 14.43 4.10 1.08 4.60 8.39
STO
Santos Ltd
0.04 0.52% 7.70 11.61 13.66 4.31 1.08 5.32 7.90
BPT
Beach Energy Ltd
0.02 1.26% 1.61 - 7.41 2.10 1.07 2.42 -28.7008
KAR
Karoon Energy Ltd
0.04 2.10% 1.95 4.33 4.53 2.24 1.32 4.13 6.33

Reports Covered

Stock Research & News

Profile

Comet Ridge Limited, together with its subsidiaries, engages in the oil and gas exploration, appraisal, and development activities in Australia. The company holds 57.14% interest in the Mahalo Joint Venture project covering an area of 989 square kilometers located in the Southern Bowen Basin, Queensland. It also holds 100% interest in the Mahalo North project covering 450 square kilometers, the Mahalo East project covering 97 square kilometers, and the Mahalo Far East project covering 338 square kilometers located in the Southern Bowen Basin, Queensland; and the ATP 743, ATP 744, and ATP 1015 projects located in the Galilee Basin, Queensland. In addition, the company holds 59.09% interest in PEL 427 project covering an area of 900 square kilometers located in the Gunnedah Basin, New South Wales. Comet Ridge Limited was incorporated in 2003 and is based in Brisbane, Australia.

Comet Ridge Ltd

410 Queen Street, Brisbane, QLD, Australia, 4000

Key Executives

Name Title Year Born
Mr. Tor McCaul B.E., M.B.A., B.E. (Hons), B.Econ, MBA MD & Director NA
Mr. Christopher John Patrick Pieters B.Sc., B.Sc (Hons), B.Bus Exec. Director 1982
Mr. Phil Hicks Chief Financial Officer NA
Mr. Dale Aaskow Dipl.T Chief Operating Officer NA
Mr. Ashley Vincent Edgar Gen. Mang. of Exploration & Sub-Surface NA
Mr. Stephen Rodgers L.L.B., LLB Company Sec. NA
Mr. Christopher John Patrick Pieters B.Sc., B.Sc (Hons), B.Bus Executive Director 1982
Mr. Ashley Vincent Edgar General Manager of Exploration & Sub-Surface NA
Mr. Stephen Rodgers L.L.B., LLB Company Secretary NA
Mr. Christopher John Patrick Pieters B.Sc., B.Sc (Hons), B.Bus Executive Director 1982

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