How to buy Otto Energy shares | A$0.01

Otto Energy Limited is an oil & gas e&p business based in Australia. Otto Energy shares (OEL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.01 – an increase of 11.11% over the previous week. Otto Energy has a trailing 12-month revenue of around $23 million.

How to buy shares in Otto Energy

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 Otto Energy . Find the share by name or ticker symbol: OEL. 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 Otto Energy 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 $0.01, 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 Otto Energy . 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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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Otto Energy 's share price?

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

Its last market close was $0.01, which is 65.52% down on its pre-crash value of $0.029 and 42.86% up on the lowest point reached during the March crash when the shares fell as low as $0.007.

If you had bought $1,000 worth of Otto Energy shares at the start of February 2020, those shares would have been worth $241.38 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 $344.83.

Otto Energy share price

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

Otto Energy shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.01
52-week range	AUDA$0.003 - AUDA$0.048
50-day moving average	AUDA$0.0095
200-day moving average	AUDA$0.0076
Target price	AUDA$0.1
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.009

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Important: Share trading carries risk of capital loss.

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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 Otto Energy 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 Otto Energy Limited by TradingView

Otto Energy price performance over time

Historical closes compared with the close of A$0.01 on 2020-10-22

1 week (2020-10-16)	11.11%
1 month (2020-09-24)	11.11%
3 months (2020-07-24)	25.00%
6 months (2020-04-24)	66.67%

1 year (2019-10-24)	-77.78%
2 years (2018-10-24)	-80.92%
3 years (2017-10-20)	-76.30%
5 years (2015-10-23)	-65.99%

Is Otto Energy under- or over-valued?

Valuing Otto Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Otto Energy 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Otto Energy 's EBITDA

Otto Energy 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.5 million.

The EBITDA is a measure of a Otto Energy 's overall financial performance and is widely used to measure a its profitability.

Otto Energy financials

Revenue TTM	$23 million
Gross profit TTM	$12.7 million
Return on assets TTM	-5.77%
Return on equity TTM	-3.32%
Profit margin	-5.9%
Book value	0.009
Market capitalisation	$48 million

TTM: trailing 12 months

Otto Energy share dividends

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

Have Otto Energy 's shares ever split?

Otto Energy 's shares were split on 24 March 2009.

Otto Energy share price volatility

Over the last 12 months, Otto Energy 's shares have ranged in value from as little as $0.003 up to $0.048. 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 Otto Energy 's is 2.5948. This would suggest that Otto Energy 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Otto Energy overview

Otto Energy Limited operates as an oil and gas exploration and production company in North America. The company's principal projects include its 50% interest in the South Marsh Island 71 project, which covers an area of 12.16 square kilometers. Its projects portfolio also comprise 22.5% working interest in four leases totaling approximately 22,710 acres in the onshore Alaska North slope?Western blocks; 8%-10.8% working interest in 73 leases covering 263,156 gross acres in the onshore Alaska North slope?Central blocks; 37.5% working interest in Lightning, Matagorda County Texas; and Green Canyon 21 lease in the Gulf Mexico. The company was formerly known as Ottoman Energy Limited and changed its name to Otto Energy Limited in August 2006. Otto Energy Limited was founded in 2004 and is headquartered in West Perth, Australia.

Frequently asked questions

• What percentage of Otto Energy is owned by insiders or institutions?

  Currently 52.231% of Otto Energy shares are held by insiders and 4.512% by institutions.

• When does the fiscal year end for Otto Energy ?

  Otto Energy 's fiscal year ends in June.

• Where is Otto Energy based?

  Otto Energy 's address is: 32 Delhi Street, West Perth, WA, Australia, 6005

• What is Otto Energy 's ISIN number?

  Otto Energy 's international securities identification number is: AU000000OEL3