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Byron Energy is an oil & gas e&p business based in Australia. Byron Energy shares (BYE) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Byron Energy has a trailing 12-month revenue of around $43.7 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Byron Energy
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Byron Energy. Find the share by name or ticker symbol: BYE. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Byron Energy reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Byron Energy. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
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What's in this guide?
- Byron Energy key stats
- Compare share trading platforms
- Is Byron Energy stock a buy or sell?
- Byron Energy performance over time
- Are Byron Energy shares over-valued?
- Byron Energy's financials
- How volatile are Byron Energy shares?
- Does Byron Energy pay a dividend?
- Have Byron Energy shares ever split?
- Other common questions
Byron Energy stock price (ASX:BYE)
Use our graph to track the performance of BYE stocks over time.Byron Energy shares at a glance
Information last updated 2022-06-27.
| 52-week range | $0.097 - $0.1925 |
|---|---|
| 50-day moving average | $0.1689 |
| 200-day moving average | $0.1438 |
| Target price | $0.44 |
| PE ratio | 9.7059 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $0.017 |
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Byron Energy stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Byron Energy price performance over time
Historical closes compared with the last close of A$0.17
| 1 week (2022-06-22) | -8.11% |
|---|---|
| 1 month (2022-05-27) | -2.86% |
| 3 months (2022-03-29) | 13.33% |
| 6 months (2021-12-29) | 47.83% |
| 1 year (2021-06-29) | 70.00% |
|---|---|
| 2 years (2020-06-29) | 30.77% |
| 3 years (2019-06-28) | -41.38% |
| 5 years (2017-06-29) | 88.89% |
Is Byron Energy under- or over-valued?
Valuing Byron Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Byron Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Byron Energy's P/E ratio
Byron Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Byron Energy shares trade at around 10x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Byron Energy's EBITDA
Byron Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $29.3 million (£0.0 million).
The EBITDA is a measure of a Byron Energy's overall financial performance and is widely used to measure a its profitability.
Byron Energy financials
| Revenue TTM | $43.7 million |
|---|---|
| Operating margin TTM | 34.81% |
| Gross profit TTM | $15 million |
| Return on assets TTM | 7.81% |
| Return on equity TTM | 14.58% |
| Profit margin | 27.83% |
| Book value | 0.087 |
| Market capitalisation | $178.4 million |
TTM: trailing 12 months
Byron Energy share dividends
We're not expecting Byron Energy to pay a dividend over the next 12 months.
Have Byron Energy's shares ever split?
Byron Energy's shares were split on a 1:4 basis on 27 June 2011. So if you had owned 4 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Byron Energy shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Byron Energy shares which in turn could have impacted Byron Energy's share price.
Byron Energy share price volatility
Over the last 12 months, Byron Energy's shares have ranged in value from as little as $0.097 up to $0.1925. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Byron Energy's is 1.6761. This would suggest that Byron Energy's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Byron Energy overview
Byron Energy Limited engages in the exploration, development, and production of oil and gas properties. The company holds working interests in various blocks located in the shallow waters of the Gulf of Mexico, the United States. Byron Energy Limited was incorporated in 2005 and is headquartered in Melbourne, Australia.
Byron Energy in the news
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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