HZN · ASX

Horizon Oil Limited (ASX:HZN)

AU$0.22

 0.005 (2.326%)
ASX:Live
11/10/2024 04:10:03 PM
Near Resistance Near 52 Week High HALO Price Momentum HALO Ords HALO MQV +5
Consensus Score
/10
Recommend
Target Price
Deviation
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HZN Overview

HZN Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Very Weak

GARP

Very Weak

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Very Weak

Earnings

Weak

Growth

Earnings

Weak

Dividends

Very Strong

Quality

Capital Efficiency

Very Weak

Balance Sheet

Very Strong

About HZN

Telephone

Address

Description

Horizon Oil Ltd. is an oil and petroleum exploration, development and production company. It operates through the following segments: New Zealand Exploration and Development, China Exploration and Development and PNG Exploration and Development. The New Zealand Exploration and Development segment involves in developing and producing crude oil from the Maari/Manaia oil field development, and the exploration and evaluation of hydrocarbons within the permit. The China Exploration and Development segment engages developing and producing crude oil from the block 22/12 - WZ6-12 and WZ12-8W oil field development and in the exploration and evaluation of hydrocarbons within block 22/12. The PNG Exploration and Development segment is currently includes exploration and evaluation of hydrocarbons in six onshore permit areas, PRL 4, PRL 21, PPL 259, PPL 372, PPL 373 and PPL 430. The company was founded in 1969 and is headquartered in Sydney, Australia.

HZN Price Chart

Key Stats

Market Cap

AU$349.44M

PE

8.80

EV/EBITDA

2.8

Dividends Overview

DIV Yield

.0%

Franking

N/A

Ex Dividend Date (est.)

16-Oct-24

Market Data

52 weeks range

Low 0.15 - 0.22

Trade Value (12mth)

US$38,987.00

1 week

0%

1 month

16.22%

YTD

34.38%

1 year

22.86%

All time high

0.32

Key Fundamentals

EPS 3 yr Growth

376.30%

EBITDA Margin

66.40%

Operating Cashflow

$64m

Free Cash Flow Return

64.60%

ROIC

26.00%

Interest Coverage

98.60

Quick Ratio

2.00

Other Data

Shares on Issue (Fully Dilluted)

1621m

HALO Sector

Next Company Report Date

27-Aug-25

Ex Dividend Date (est.)

16-Oct-24

Next Dividend Pay Date (est.)

25-Oct-24

Reporting Currency

USD

Short Sell (% of issue)

0.01

HZN Announcements

Latest Announcements

Date Announcements

12 September 24

Appointment of Dr Peter Goode as Non-Executive Director

×

Appointment of Dr Peter Goode as Non-Executive Director

12 September 24

Initial Director's Interest Notice

×

Initial Director's Interest Notice

05 September 24

Notification regarding unquoted securities - HZN

×

Notification regarding unquoted securities - HZN

05 September 24

Notification regarding unquoted securities - HZN

×

Notification regarding unquoted securities - HZN

04 September 24

Application for quotation of securities - HZN

×

Application for quotation of securities - HZN

04 September 24

Notification of cessation of securities - HZN

×

Notification of cessation of securities - HZN

04 September 24

Change of Director's Interest Notice

×

Change of Director's Interest Notice

28 August 24

Appendix 4E and Annual Report to Shareholders

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Appendix 4E and Annual Report to Shareholders

28 August 24

Dividend/Distribution - HZN

×

Dividend/Distribution - HZN

28 August 24

FY24 Sustainability Report

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FY24 Sustainability Report

28 August 24

FY24 Corporate Governance Statement & Appendix 4G

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FY24 Corporate Governance Statement & Appendix 4G

28 August 24

FY24 Results Presentation

×

FY24 Results Presentation

26 August 24

Horizon Chairman to Retire, Board to Refresh

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Horizon Chairman to Retire, Board to Refresh

26 August 24

FY24 Results Webcast and Date of AGM

×

FY24 Results Webcast and Date of AGM

15 August 24

CTP: Two New Mereenie Development Wells Approved

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CTP: Two New Mereenie Development Wells Approved

31 July 24

Quarterly Activities Report

×

Quarterly Activities Report

29 July 24

ARU: Gas supply agreement with Mereenie JV Partners updated

×

ARU: Gas supply agreement with Mereenie JV Partners updated

29 July 24

CTP: New Gas Sale Agreements

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CTP: New Gas Sale Agreements

29 July 24

New Gas Sales Agreements

×

New Gas Sales Agreements

16 July 24

Notification of cessation of securities - HZN

×

Notification of cessation of securities - HZN

16 July 24

Change of Director's Interest Notice

×

Change of Director's Interest Notice

24 June 24

CTP: Gas Supply Agreement Update

×

CTP: Gas Supply Agreement Update

24 June 24

NZO: GAS SUPPLY AGREEMENT EXTENSION UNCONDITIONAL

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NZO: GAS SUPPLY AGREEMENT EXTENSION UNCONDITIONAL

24 June 24

CUE: Gas Supply Agreement Update

×

CUE: Gas Supply Agreement Update

24 June 24

Gas Supply Agreement Update

×

Gas Supply Agreement Update

HZN Fundamentals

Per Share Records

Historical data

Forecast data

USD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.02 0.03 0.02 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.01 0.03 0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock 358.0 78.5 -41.7 Lock Lock Lock
     PE X Lock Lock Lock Lock N/A 9.9 8.8 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock N/A 1.2 2.8 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.04 0.06 0.04 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.03 0.01 0.01 Lock Lock Lock
     Growth % Lock Lock Lock Lock 89.0 56.1 -34.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 29.0 8.2 9.1 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.02 0.02 0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock -2.8 8.2 -16.5 Lock Lock Lock
     Yield % Lock Lock Lock Lock N/A 0.0 0.0 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 142 86 123 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.06 0.06 0.05 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.06 0.06 0.05 Lock Lock Lock
     Growth % Lock Lock Lock Lock -10.0 -4.7 -14.3 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 1,637 1,650 1,637 Lock Lock Lock
Basic m Lock Lock Lock Lock 1,580 1,599 1,617 Lock Lock Lock

Financial Records

Historical data

Forecast data

USD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 113 151 112 Lock Lock Lock
     Growth % Lock Lock Lock Lock 60.6 33.7 -25.9 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 5 6 5 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 54 68 46 Lock Lock Lock
     Growth % Lock Lock Lock Lock 162.5 26.4 -31.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock 47.5 44.9 41.5 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 52 55 58 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 77 102 74 Lock Lock Lock
     Growth % Lock Lock Lock Lock 94.9 33.6 -27.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 68.0 68.0 66.4 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 28 40 32 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 49 62 42 Lock Lock Lock
     Growth % Lock Lock Lock Lock 226.4 27.5 -32.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 43.2 41.2 37.3 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 43 57 39 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 18 13 13 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 24 44 26 Lock Lock Lock
     Growth % Lock Lock Lock Lock 442.7 80.3 -40.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 21.6 29.1 23.2 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 57 72 64 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 10 31 10 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -10 -32 -36 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -47 -40 -19 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 47 46 55 Lock Lock Lock
     Growth % Lock Lock Lock Lock 178.5 -1.9 19.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.4 0.3 0.5 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 3 3 3 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 44 44 53 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 184 185 209 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 0 0 23 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -43 -35 -27 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 84 89 126 Lock Lock Lock
Equity $m Lock Lock Lock Lock 105 97 82 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 99 96 106 Lock Lock Lock
     Growth % Lock Lock Lock Lock -11.0 -3.3 10.9 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 13.3 23.7 12.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 23.2 45.3 31.7 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 43.4 61.0 39.7 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 22.9 45.2 26.0 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 53.6 74.2 64.6 Lock Lock Lock

Ratios Records

Historical data

Forecast data

USD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 50.3 45.0 98.6 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock -0.6 -0.3 -0.4 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -41.0 -36.5 -32.5 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 1.9 2.3 2.3 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.8 2.2 2.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 64.0 65.6 74.2 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 154.8 253.6 209.8 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 6.6 8.1 8.8 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 17.2 23.4 10.6 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 3.3 3.9 2.8 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 0.6 0.2 0.9 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.6 0.8 0.5 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.6 0.8 0.5 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 38.0 37.9 35.1 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 23.3 30.8 18.7 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 43.1 23.1 33.9 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 13.3 23.7 12.4 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.8 1.9 2.6 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 23.2 45.3 31.7 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock -41.5 14.2 -23.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -9.6 6.4 -7.3 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 21.2 15.6 34.3 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 55.7 44.8 41.4 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 76.9 60.4 75.7 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 10.6 2.1 3.4 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 66.3 58.3 72.3 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

16-Oct-24

DIV Yield

.0%

Franking Level

N/A

DPSg

-16.50%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
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Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.01%

Value ($M)

0

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

N/A

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Frequently Asked Questions

The current share price of Horizon Oil Limited (HZN:ASX) is AU$0.22.
The 52-week high share price for Horizon Oil Limited (HZN:ASX) is AU$0.22.
The 52-week low share price for Horizon Oil Limited (HZN:ASX)? is AU$0.15.
The current TTM dividend payout for Horizon Oil Limited (HZN:ASX) is 0.00.
The last dividend payment of Horizon Oil Limited (HZN:ASX) is AU$0.02.
Horizon Oil Limited (HZN:ASX) has a franking level of 0.0%.
Horizon Oil Limited (HZN:ASX) is classified in the Energy.
The current P/E ratio for Horizon Oil Limited (HZN:ASX) is 8.80.