Carnarvon Energy (CVONF) Stock Price, News & Analysis

Company Overview

Carnarvon Energy Limited is an Australian oil and gas exploration and development company focused on petroleum opportunities in Western Australia. The company’s activities include identifying prospective resources, drilling exploration and appraisal wells, and advancing discovered oil and gas fields toward potential development and production.

Carnarvon’s principal assets are located in the Bedout Sub-basin offshore Western Australia, an area that includes the Dorado oil and gas discovery. The company has also held interests in other exploration permits in the region and has pursued additional prospects and discoveries, including the Pavo area. Its portfolio is intended to provide exposure to both oil and natural gas opportunities in the Carnarvon Basin.

The company was formerly known as Carnarvon Petroleum Limited and adopted the Carnarvon Energy name as part of its broader focus on developing its Western Australian resource interests. Its projects have been advanced in partnership with other energy companies, with joint-venture arrangements and operator responsibilities varying by asset. Carnarvon Energy is headquartered in Australia and trades on the Australian Securities Exchange under the symbol CVN, with its securities also available in the United States over the counter under the symbol CVONF.

Key Stats

• Today's Range: C$0.06 to C$0.06
• 50-Day Range: C$0.06 to C$0.08
• 52-Week Range: C$0.06 to C$0.09
• Volume: N/A
• Average Volume: 21,750 shs
• Market Capitalization: N/A
• P/E Ratio: 3.68
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Carnarvon Energy Stock Analysis - MarketRank™

Carnarvon Energy scored higher than 10% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Carnarvon Energy.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Carnarvon Energy is 3.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 35.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Carnarvon Energy is 3.68, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.39.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Carnarvon Energy has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Carnarvon Energy does not currently pay a dividend.

Dividend Growth

Carnarvon Energy does not have a long track record of dividend growth.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.06

News Sentiment

Carnarvon Energy has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Carnarvon Energy this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Carnarvon Energy insiders have not sold or bought any company stock.

Percentage Held by Institutions

4.02% of the stock of Carnarvon Energy is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: OTCMKTS:CVONF
• CIK: N/A
• Web: www.carnarvon.com.au
• Phone: (189) 321-2665
• Fax: N/A
• Employees: 6
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 3.68
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A