How to buy Central Petroleum (CTP) shares

Learn how to easily invest in Central Petroleum shares.

Central Petroleum Limited

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Central Petroleum Limited is an oil & gas e&p business based in Australia. Central Petroleum shares (CTP) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Central Petroleum has a trailing 12-month revenue of around $58.3 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Central Petroleum

  1. 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.
  2. 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.
  3. Search for Central Petroleum . Find the share by name or ticker symbol: CTP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Central Petroleum reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. 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.
  6. Check in on your investment. Congratulations, you own a part of Central 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.

Central Petroleum stock price (ASX:CTP)

Use our graph to track the performance of CTP stocks over time.

Central Petroleum shares at a glance

Information last updated 2021-07-22.
52-week range$0.082 - $0.15
50-day moving average $0.1198
200-day moving average $0.1263
Target price$0.65
PE ratio 16.4286
Dividend yield N/A (0%)
Earnings per share (TTM) $0.007

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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 Central 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.

Central Petroleum price performance over time

Historical closes compared with the last close of A$0.13

1 week (2021-07-15) 8.33%
1 month (2021-06-25) 13.04%
3 months (2021-04-23) 8.33%
6 months (2021-01-22) -13.33%
1 year (2020-07-22) 46.07%
2 years (2019-07-22) -3.70%
5 years (2016-07-22) 27.95%

Is Central Petroleum under- or over-valued?

Valuing Central Petroleum stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Central Petroleum 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Central Petroleum 's P/E ratio

Central Petroleum 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Central Petroleum shares trade at around 16x 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.

Central Petroleum 's EBITDA

Central Petroleum 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $14.4 million.

The EBITDA is a measure of a Central Petroleum 's overall financial performance and is widely used to measure a its profitability.

Central Petroleum financials

Revenue TTM $58.3 million
Operating margin TTM 3.01%
Gross profit TTM $31.7 million
Return on assets TTM 0.66%
Return on equity TTM 0%
Profit margin 8.15%
Book value 0.007
Market capitalisation $83.3 million

TTM: trailing 12 months

Central Petroleum share dividends

We're not expecting Central Petroleum to pay a dividend over the next 12 months.

Have Central Petroleum 's shares ever split?

Central Petroleum 's shares were split on a 1:5 basis on 30 September 2013. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Central Petroleum shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Central Petroleum shares which in turn could have impacted Central Petroleum 's share price.

Central Petroleum share price volatility

Over the last 12 months, Central Petroleum 's shares have ranged in value from as little as $0.082 up to $0.15. 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 Central Petroleum 's is 0.4151. This would suggest that Central Petroleum 's shares are less volatile than average (for this exchange).

Central Petroleum overview

Central Petroleum Limited engages in the development, production, processing, and marketing of hydrocarbons in Australia. It holds interests in various oil and gas properties comprising 181,875 square kilometers of exploration area located in the Amadeus, Southern Georgina, Wiso, and Surat Basins. The company was founded in 1998 and is headquartered in Brisbane, Australia.

Central Petroleum in the news

There are no recent company 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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