How to buy Norwest Energy NL shares | A$0.004

Norwest Energy NL is an oil & gas e&p business based in Australia. Norwest Energy NL shares (NWE) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.004 – the same closing value as a week prior. Norwest Energy NL has a trailing 12-month revenue of around $284,421.

How to buy shares in Norwest Energy NL

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 Norwest Energy NL. Find the share by name or ticker symbol: NWE. 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 Norwest Energy NL 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 of $0.004, 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 Norwest Energy NL. 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.

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How has coronavirus impacted Norwest Energy NL's share price?

Since the stock market crash in March caused by coronavirus, Norwest Energy NL's share price has had significant negative movement.

Its last market close was $0.004, which is 20.00% down on its pre-crash value of $0.005 and 100.00% up on the lowest point reached during the March crash when the shares fell as low as $0.002.

If you had bought $1,000 worth of Norwest Energy NL shares at the start of February 2020, those shares would have been worth $500.00 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $800.00.

Norwest Energy NL share price

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

Norwest Energy NL shares at a glance

• Key figures

Information last updated 2020-10-13.

Latest market close	AUDA$0.004
52-week range	AUDA$0.002 - AUDA$0.008
50-day moving average	AUDA$0.0038
200-day moving average	AUDA$0.0033
Target price	AUDA$0.1
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.0019

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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.

Is it a good time to buy Norwest Energy NL 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.

Technical Analysis of Norwest Energy NL by TradingView

Norwest Energy NL price performance over time

Historical closes compared with the close of A$0.004 on 2020-10-19

1 week (2020-10-12)	0%
1 month (2020-09-18)	-20.00%
3 months (2020-07-17)	33.33%
6 months (2020-04-17)	33.33%

1 year (2019-10-18)	-33.33%
2 years (2018-10-18)	60.00%
3 years (2017-10-19)	0%
5 years (2015-10-16)	8.11%

Norwest Energy NL financials

Revenue TTM	$284,421
Gross profit TTM	$284,421
Return on assets TTM	-96.67%
Return on equity TTM	-164.91%
Profit margin	0%
Book value	0.001
Market capitalisation	$16.2 million

TTM: trailing 12 months

Norwest Energy NL share dividends

We're not expecting Norwest Energy NL to pay a dividend over the next 12 months.

Have Norwest Energy NL's shares ever split?

Norwest Energy NL's shares were split on 10 August 2009.

Norwest Energy NL share price volatility

Over the last 12 months, Norwest Energy NL's shares have ranged in value from as little as $0.002 up to $0.008. 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 Norwest Energy NL's is 1.9926. This would suggest that Norwest Energy NL's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Norwest Energy NL overview

Norwest Energy NL explores for hydrocarbon resources in Australia. It owns 20% interest in EP368; 22.22% interest in EP426 license; 25% interest in TP/15 license; and 27.945% interest in EP413 license located in Australia. The company was founded in 1997 and is based in West Perth, Australia.

Frequently asked questions

• What percentage of Norwest Energy NL is owned by insiders?

  Currently 39.932% of Norwest Energy NL shares are held by insiders.

• When does the fiscal year end for Norwest Energy NL?

  Norwest Energy NL's fiscal year ends in June.

• Where is Norwest Energy NL based?

  Norwest Energy NL's address is: 30 Richardson Street, West Perth, WA, Australia, 6005

• What is Norwest Energy NL's ISIN number?

  Norwest Energy NL's international securities identification number is: AU000000NWE2