Carnarvon Energy (CVONF) Stock Price, News & Analysis

Company Overview

Carnarvon Energy Limited is an Australian oil and gas exploration and production company listed on the Australian Securities Exchange under the symbol CVN and traded in the United States under the symbol CVONF. The company focuses on discovering and developing petroleum resources, with an emphasis on offshore projects in Western Australia.

Carnarvon’s principal exploration interests are in the Bedout Basin, located off the northwest coast of Western Australia. Its portfolio has included the Dorado oil and gas discovery, as well as other prospects and discoveries in the region. The company has worked with joint-venture partners on appraisal, development planning and exploration activities intended to establish commercially viable production.

Originally known as Carnarvon Petroleum, the company adopted the name Carnarvon Energy to reflect its broader energy focus. Its activities are concentrated in Australia, particularly the offshore North West Shelf, and include petroleum exploration, resource evaluation and participation in the development of discovered oil and gas assets.

Key Stats

• Today's Range: C$0.07 to C$0.07
• 50-Day Range: C$0.06 to C$0.07
• 52-Week Range: C$0.06 to C$0.09
• Volume: N/A
• Average Volume: 30,382 shs
• Market Capitalization: N/A
• P/E Ratio: 4.12
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Carnarvon Energy Stock Analysis - MarketRank™

Carnarvon Energy scored higher than 18% 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 4.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Carnarvon Energy is 4.12, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 22.20.

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 0.45, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Carnarvon Energy has recently increased by 70.71%, indicating that investor sentiment is decreasing significantly.

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: 3.1 / 5
• News Sentiment: 0.91

News Sentiment

Carnarvon Energy has a news sentiment score of 0.91. 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 higher news sentiment than the 0.70 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 4 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: 4.12
• 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