CENTRAL PETROLEUM LIMITED (CTP)
Share Price Analysis and Chart

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CTP - CENTRAL PETROLEUM LIMITED

FNArena Sector : NatGas
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: -6.46
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.051

27 Sep
2023

0.000

OPEN

$0.05

0.000

HIGH

$0.05

135,882

LOW

$0.05

TARGET
$0.075 47.1% upside
OTHER COMPANIES IN THE SAME SECTOR
APA . BLU . BYE . COE . COI . GHY . GLL . KAR . ORG . STO . STX . TBN . WDS .
FNARENA'S MARKET CONSENSUS FORECASTS
CTP: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx 2.9 - 1.1 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx 100.0% N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx 0.0% 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 © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-1.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx39.3 M
Book Value Per Share xxxxxxxxxxxxxxx-
Net Operating Cash Flow xxxxxxxxxxxxxxx-
Net Profit Margin xxxxxxxxxxxxxxx-20.28 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-
Return on Invested Capital xxxxxxxxxxxxxxx-
Return on Assets xxxxxxxxxxxxxxx-
Return on Equity xxxxxxxxxxxxxxx-
Return on Total Capital xxxxxxxxxxxxxxx-
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-

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Return on Invested Capital

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Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx-
Long Term Debt xxxxxxxxxxxxxxx-
Total Debt xxxxxxxxxxxxxxx-
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx-
Price To Book Value xxxxxxxxxxxxxxx-

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Long Term Debt

Total Debt

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Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx-
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx26 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx-
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

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EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

16/03/2023

3

Hold

$0.075

47.06%

While Central Petroleum reported a year-on-year underlying earnings decline of -47% to $5.3m in the first half, Bell Potter points out the result was reflective of the company's sell down of its 50% Amadeus Basin interest and a sales impact from an unplanned outage at the Northern Gas Pipeline. 

The broker anticipates stronger revenue over the second half, supported by the reopening of the Northern Gas Pipeline. It also points out Central Petroleum is considering a funded program of six well recompletions and two new well developments at Mereenie for the first half of FY24, which could drive production growth. 

The Hold rating is retained and the target price decreases to 7.5 cents from 8.5 cents. 

FORECAST
Bell Potter forecasts a full year FY23 dividend of 0.00 cents and EPS of minus -1.10 cents.
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of 0.30 cents.
Access Stockbroker Research History >

CTP STOCK CHART

FNArena News on CTP

1
Australian Broker Call *Extra* Edition – Mar 16, 2023

Mar 16 2023 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Feb 10, 2023

Feb 10 2023 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Nov 16, 2022

Nov 16 2022 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Sep 28, 2022

Sep 28 2022 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Aug 31, 2022

Aug 31 2022 - Daily Market Reports

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