
Melbana Energy is an oil & gas e&p business based in Australia. Melbana Energy shares (MAY) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Melbana Energy has a trailing 12-month revenue of around $3.2 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Melbana Energy
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Melbana Energy . Find the share by name or ticker symbol: MAY. 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 Melbana Energy reaches your desired price. Look into dollar-cost averaging to spread out your risk, 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 on your investment. Congratulations, you own a part of Melbana Energy . Optimise your portfolio by tracking how your stock and 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 affect your stock.
Our top pick for
Low costs

Our top pick for
Education & learning

Our top pick for
Australian stocks

What's in this guide?
Melbana Energy stock price (ASX:MAY)
Use our graph to track the performance of MAY stocks over time.Melbana Energy shares at a glance
52-week range | $0.039 - $0.12 |
---|---|
50-day moving average | $0.0662 |
200-day moving average | $0.0777 |
Target price | $0.03 |
PE ratio | 0 |
Dividend yield | $0 (0%) |
Earnings per share (TTM) | $0 |
Compare share trading platforms
Is it a good time to buy Melbana Energy stock?
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.
Melbana Energy price performance over time
Historical closes compared with the last close of A$0.072
1 week (2023-11-24) | 10.77% |
---|---|
1 month (2023-11-01) | 10.77% |
3 months (2023-09-01) | -4.00% |
6 months (2023-06-01) | -8.86% |
1 year (2022-12-01) | 75.61% |
---|---|
2 years (2021-12-01) | 227.27% |
3 years (2020-12-01) | 453.85% |
5 years (2018-11-30) | 380.00% |
Melbana Energy financials
Revenue TTM | $3.2 million |
---|---|
Operating margin TTM | 22.59% |
Gross profit TTM | $1.1 million |
Return on assets TTM | -1.51% |
Return on equity TTM | -2.22% |
Profit margin | -31.1% |
Book value | 0.016 |
Market capitalisation | $219.1 million |
TTM: trailing 12 months
Melbana Energy share dividends
We're not expecting Melbana Energy to pay a dividend over the next 12 months.
Have Melbana Energy 's shares ever split?
Melbana Energy 's shares were split on a 0.9645:1 basis on 7 August 2006. So if you had owned 1 share the day before the split, the next day you would own 0.9645 shares. This wouldn't directly have changed the overall worth of your Melbana Energy shares – just the quantity. However, indirectly, the new 3.7% higher share price could have impacted the market appetite for Melbana Energy shares which in turn could have impacted Melbana Energy 's share price.
Melbana Energy share price volatility
Over the last 12 months, Melbana Energy 's shares have ranged in value from as little as $0.039 up to $0.12. 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 Melbana Energy 's is 1.234. This would suggest that Melbana Energy 's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
Melbana Energy overview
Melbana Energy Limited engages in the oil and gas exploration in Cuba and Australia. The company holds a 100% interest in the Tassie Shoal Methanol and LNG project located in Australia. It also holds a 100% interest in the Santa Cruz oil field located in Cuba; and WA-544-P and NT/P87 permits covering an area of approximately 4,000km2 in the Petrel sub-basin, as well as a 30% interest in Block 9 that covers an area of 2,344km2 located in Cuba. The company was formerly known as MEO Australia Limited and changed its name to Melbana Energy Limited in November 2016. The company was incorporated in 1994 and is headquartered in Sydney, Australia.
Stocks similar to Melbana Energy
Melbana Energy in the news
Frequently asked questions
More guides on Finder
-
How to buy OpenAI stock in Australia
Looking to jump on the AI bandwagon? Here's how you can invest in ChatGPT and its parent company OpenAI from Australia.
-
Best performing stocks on the ASX in 2023 (Updated weekly)
Looking for the best performing stocks in Australia? We update this list weekly.
-
Cryptocurrency ETFs explained: A simple guide for investors (2023)
If you’re looking for ways to gain exposure to Bitcoin and other digital currencies, cryptocurrency ETFs could be worth exploring. Find out what crypto ETFs are and how they work in this introductory guide.
-
How to buy Gol Linhas Aereas Inteligentes SA ADR (GOL) shares in Australia
Steps to owning and managing Gol Linhas Aéreas Inteligentes SA shares from Australia.
-
How to buy Microsoft (MSFT) shares in Australia
Steps to owning and managing Microsoft shares from in Australia.
-
A beginner’s guide to Lego investing
Looking for alternative investments? With a ROI of up to 3,593% lego may be worth considering. Read on to find out which lego sets are worth the investment.
-
The cheapest stock brokers in Australia (Dec 2023)
Find cheap stock brokerage in Australia when buying and selling shares on the ASX and other international exchanges.
-
What is the money market?
Learn about the money market and everyday consumer money market products.
-
Is investing in crowdfunding a safe investment?
Equity crowdfunding offers a unique opportunity for investors and for Australian startups, but Australia’s regulatory framework surrounding crowdfunding still lags behind the rest of the world.
-
The best trading platforms in Australia for 2023
Follow these tips to find the best share trading platform for you.
Ask an Expert