How to buy Carnarvon Petroleum shares | A$0.22
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Carnarvon Petroleum Limited is an oil & gas e&p business based in Australia. Carnarvon Petroleum shares (CVN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.22 – an increase of 7.32% over the previous week. Carnarvon Petroleum has a trailing 12-month revenue of around $1.5 million.
How to buy shares in Carnarvon Petroleum
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Carnarvon Petroleum . Find the share by name or ticker symbol: CVN. 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 Carnarvon Petroleum reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $0.22, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Carnarvon Petroleum . Optimise your portfolio by tracking how your stock — and even 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 can affect your stock.
What's in this guide?
- Carnarvon Petroleum key stats
- Compare share trading platforms
- Is Carnarvon Petroleum stock a buy or sell?
- Carnarvon Petroleum performance over time
- Carnarvon Petroleum 's financials
- How volatile are Carnarvon Petroleum shares?
- Does Carnarvon Petroleum pay a dividend?
- Have Carnarvon Petroleum shares ever split?
- Other common questions
How has coronavirus impacted Carnarvon Petroleum 's share price?
Since the stock market crash in March caused by coronavirus, Carnarvon Petroleum 's share price has had significant negative movement.
Its last market close was $0.22, which is 26.67% down on its pre-crash value of $0.3 and 100.00% up on the lowest point reached during the March crash when the shares fell as low as $0.11.
If you had bought $1,000 worth of Carnarvon Petroleum shares at the start of February 2020, those shares would have been worth $348.48 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $666.67.
Carnarvon Petroleum share priceUse our graph to track the performance of CVN stocks over time.
Carnarvon Petroleum shares at a glance
|Latest market close||AUDA$0.22|
|52-week range||AUDA$0.12 - AUDA$0.43|
|50-day moving average||AUDA$0.1946|
|200-day moving average||AUDA$0.1894|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.006|
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Is it a good time to buy Carnarvon Petroleum stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.
Carnarvon Petroleum price performance over time
|1 week (2020-09-22)||15.79%|
|1 month (2020-08-28)||18.92%|
|3 months (2020-06-29)||18.92%|
|6 months (2020-03-27)||51.72%|
|1 year (2019-09-27)||-44.30%|
|2 years (2018-09-28)||-45.00%|
|3 years (2017-09-29)||155.81%|
|5 years (2015-09-29)||109.52%|
Carnarvon Petroleum financials
|Revenue TTM||$1.5 million|
|Gross profit TTM||$-1,393,000|
|Return on assets TTM||-2.15%|
|Return on equity TTM||-2.08%|
|Market capitalisation||$320.7 million|
TTM: trailing 12 months
Carnarvon Petroleum share dividends
We're not expecting Carnarvon Petroleum to pay a dividend over the next 12 months.
Have Carnarvon Petroleum 's shares ever split?
Carnarvon Petroleum 's shares were split on 4 March 2004.
Carnarvon Petroleum share price volatility
Over the last 12 months, Carnarvon Petroleum 's shares have ranged in value from as little as $0.12 up to $0.43. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Carnarvon Petroleum 's is 2.388. This would suggest that Carnarvon Petroleum 's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Carnarvon Petroleum overview
Carnarvon Petroleum Limited explores for, develops, and produces oil and gas in Australia. The company owns interests in the Dorado project located in the Bedout Sub-basin offshore of Western Australia; the Buffalo project located in the Bonaparte Basin; and the Labyrinth project located in the Roebuck Basin in the North West Shelf of Western Australia. It also holds interests in the Taurus project located in the North West Shelf of Western Australia; the Condor and Eagle projects located in the Vulcan sub basin in the Bonaparte basin; and the Outtrim project located in the Barrow sub-basin within the Northern Carnarvon basin of the North West Shelf. Carnarvon Petroleum Limited was incorporated in 1983 and is headquartered in West Perth, Australia.
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