How to buy Horizon Oil (HZN) shares
Learn how to easily invest in Horizon Oil shares.
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.
How to buy shares in Horizon Oil
- 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 Horizon Oil. Find the share by name or ticker symbol: HZN. 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 Horizon Oil 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, 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 Horizon Oil. 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?
- Horizon Oil key stats
- Compare share trading platforms
- Is Horizon Oil stock a buy or sell?
- Horizon Oil performance over time
- Are Horizon Oil shares over-valued?
- Horizon Oil's financials
- How volatile are Horizon Oil shares?
- Does Horizon Oil pay a dividend?
- Have Horizon Oil shares ever split?
- Other common questions
Horizon Oil stock price (ASX:HZN)Use our graph to track the performance of HZN stocks over time.
Horizon Oil shares at a glance
|52-week range||$0.05 - $0.125|
|50-day moving average||$0.0888|
|200-day moving average||$0.0955|
|Dividend yield||$0.022 (22.22%)|
|Earnings per share (TTM)||$0.007|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Horizon Oil 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.
Horizon Oil price performance over time
|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%|
Is Horizon Oil under- or over-valued?
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 P/E ratio
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
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.
Horizon Oil financials
|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%|
|Market capitalisation||$309.5 million|
TTM: trailing 12 months
Horizon Oil share dividends
We're not expecting Horizon Oil to pay a dividend over the next 12 months.
Have Horizon Oil's shares ever split?
Horizon Oil's shares were split on 18 October 2006.
Horizon Oil share price volatility
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 overview
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.
Stocks similar to Horizon Oil
Horizon Oil in the news
Earnings Not Telling The Story For Horizon Oil Limited (ASX:HZN) After Shares Rise 27%
A Look At The Intrinsic Value Of Horizon Oil Limited (ASX:HZN)
Frequently asked questions
More guides on Finder
Why is the a2 Milk (A2M) share price on a high?
Shares in the trans-Tasman dairy company are down 55% over the last 12 months.
Why has the Bank of Queensland (BOQ) share price stumbled?
Shares in the Brisbane-based lender have risen nearly 60% in the last 12 months.
How to invest in the Tissue Repair IPO
Everything we know about the Tissue Repair IPO, plus information on how to buy in.
How to buy Illuvium (ILV) in Australia
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.
What is weighing down the Westpac share price today?
Westpac shares are up 43% over the past 12 months.
16 stocks to watch following Sydney’s “freedom day”
Airports, travel agents and pubs are set to soar post lockdown, but should share investors look beyond immediate short-term wins?
Why is the IAG share price on a high today?
Shares in the insurer are up just 10% in the last 12 months.
How to invest in the Nimy Resources IPO
Everything we know about the Nimy Resources IPO, plus information on how to buy in.
Why the EML Payments share price is plunging today
The payment services company’s shares are up 16% in the last year.
How to invest in the Parabellum Resources IPO
Everything we know about the Parabellum Resources IPO, plus information on how to buy in.
Ask an Expert