We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Horizon Oil Limited 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 $63.6 million. If you're looking to buy shares, check out the steps below.
Our top pick for
US stocks
Our top pick for
ETF investing
Our top pick for
Overall broker
| 52-week range | $0.05 - $0.125 |
|---|---|
| 50-day moving average | $0.0888 |
| 200-day moving average | $0.0955 |
| Target price | $0.21 |
| PE ratio | 14 |
| Dividend yield | $0.022 (22.22%) |
| Earnings per share (TTM) | $0.007 |
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.
Historical closes compared with the last close of A$0.098
| 1 week (2021-10-07) | -6.67% |
|---|---|
| 1 month (2021-09-17) | 19.51% |
| 3 months (2021-07-16) | -14.78% |
| 6 months (2021-04-16) | 4.26% |
| 1 year (2020-10-16) | 63.33% |
|---|---|
| 2 years (2019-10-17) | -26.04% |
| 3 years (2018-10-17) | -34.67% |
| 5 years (2016-10-17) | 164.86% |
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 14x. In other words, Horizon Oil shares trade at around 14x 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 $31.1 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 | $63.6 million |
|---|---|
| Operating margin TTM | 11.13% |
| Gross profit TTM | $16.4 million |
| Return on assets TTM | 2.47% |
| Return on equity TTM | 5.04% |
| Profit margin | 12.6% |
| Book value | 0.082 |
| Market capitalisation | $309.5 million |
TTM: trailing 12 months
We're not expecting Horizon Oil to pay a dividend over the next 12 months.
Horizon Oil's shares were split on 18 October 2006.
Over the last 12 months, Horizon Oil's shares have ranged in value from as little as $0.05 up to $0.125. 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 Horizon Oil's is 1.5515. 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.
Shares in the trans-Tasman dairy company are down 55% over the last 12 months.
Shares in the Brisbane-based lender have risen nearly 60% in the last 12 months.
Everything we know about the Tissue Repair IPO, plus information on how to buy in.
This guide will show you step-by-step instructions on how to buy the Illuvium (ILV) token as well as a list of exchanges you can trade it on.
Westpac shares are up 43% over the past 12 months.
Airports, travel agents and pubs are set to soar post lockdown, but should share investors look beyond immediate short-term wins?
Shares in the insurer are up just 10% in the last 12 months.
Everything we know about the Nimy Resources IPO, plus information on how to buy in.
The payment services company’s shares are up 16% in the last year.
Everything we know about the Parabellum Resources IPO, plus information on how to buy in.
