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Horizon Oil is an oil & gas e&p business based in Australia. Horizon Oil shares (HZN) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Horizon Oil has a trailing 12-month revenue of around $76.6 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.076 - $0.16 |
|---|---|
| 50-day moving average | $0.1347 |
| 200-day moving average | $0.1094 |
| Target price | $0.21 |
| PE ratio | 12 |
| Dividend yield | $0.022 (23.08%) |
| Earnings per share (TTM) | $0.01 |
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.
Historical closes compared with the last close of A$0.125
| 1 week (2022-06-21) | 4.17% |
|---|---|
| 1 month (2022-05-27) | -19.35% |
| 3 months (2022-03-28) | 0.125 |
| 6 months (2021-12-24) | 40.45% |
| 1 year (2021-06-28) | 13.64% |
|---|---|
| 2 years (2020-06-26) | 98.41% |
| 3 years (2019-06-28) | 19.05% |
| 5 years (2017-06-28) | 184.09% |
Valuing Horizon Oil stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Horizon Oil's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Horizon Oil's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Horizon Oil shares trade at around 12x 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.
Horizon Oil's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $48.7 million (£0.0 million).
The EBITDA is a measure of a Horizon Oil's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $76.6 million |
|---|---|
| Operating margin TTM | 31.18% |
| Gross profit TTM | $16.4 million |
| Return on assets TTM | 9.06% |
| Return on equity TTM | 12.94% |
| Profit margin | 14.52% |
| Book value | 0.053 |
| Market capitalisation | $189.5 million |
TTM: trailing 12 months
Dividend payout ratio: 332.56% of net profits
Recently Horizon Oil has paid out, on average, around 332.56% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 23.08% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Horizon Oil shareholders could enjoy a 23.08% return on their shares, in the form of dividend payments. In Horizon Oil's case, that would currently equate to about A$0.022 per share.
Horizon Oil's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 13 August 2021 (the "ex-dividend date").
Horizon Oil's shares were split on 19 October 2006.
Over the last 12 months, Horizon Oil's shares have ranged in value from as little as $0.076 up to $0.16. 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 Horizon Oil's is 1.3652. This would suggest that Horizon Oil's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Horizon Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties. It holds interest in the Block 22/12 oil field in Beibu Gulf, China; and Maari/Manaia oil fields in New Zealand, as well as engages in the exploration and evaluation of hydrocarbons. The company was incorporated in 1969 and is based in Sydney, Australia.
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