Tap Oil Limited
AU:
TAP
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AUD
OIL & GAS E&P
A$0
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How to buy Tap Oil (TAP) shares
Learn how to easily invest in Tap Oil shares.
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Tap Oil Limited is an oil & gas e&p business based in Australia. Tap Oil shares (TAP) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Tap Oil has a trailing 12-month revenue of around $33 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Tap 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 Tap Oil . Find the share by name or ticker symbol: TAP. 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 Tap 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 Tap 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.
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Tap Oil stock price (ASX:TAP)
Use our graph to track the performance of TAP stocks over time.Tap Oil shares at a glance
Information last updated 2021-01-17.
| 52-week range | $0.066 - $0.085 |
|---|---|
| 50-day moving average | $0.072 |
| 200-day moving average | $0.0765 |
| Target price | $0.13 |
| PE ratio | 2.1081 |
| Dividend yield | N/A (28.41%) |
| Earnings per share (TTM) | $0.037 |
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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 Tap 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.
Is Tap Oil under- or over-valued?
Valuing Tap Oil stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tap Oil 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tap Oil 's P/E ratio
Tap 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 2x. In other words, Tap Oil shares trade at around 2x 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.
Tap Oil 's EBITDA
Tap Oil 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $13.2 million.
The EBITDA is a measure of a Tap Oil 's overall financial performance and is widely used to measure a its profitability.
Tap Oil financials
| Revenue TTM | $33 million |
|---|---|
| Gross profit TTM | $10.6 million |
| Return on assets TTM | -0.4% |
| Return on equity TTM | 39.8% |
| Profit margin | 47.56% |
| Book value | 0.072 |
| Market capitalisation | $33.6 million |
TTM: trailing 12 months
Tap Oil share dividends
We're not expecting Tap Oil to pay a dividend over the next 12 months.
Tap Oil share price volatility
Over the last 12 months, Tap Oil 's shares have ranged in value from as little as $0.066 up to $0.085. 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 Tap Oil 's is 0.5607. This would suggest that Tap Oil 's shares are less volatile than average (for this exchange).
Tap Oil overview
Tap Oil Limited engages in oil and gas exploration and production business in Asia and Australia. It operates through Oil & Gas Production and Development; and Oil & Gas Exploration segments. The company owns a 30% interest in the Manora oil field, which includes G1/48 concession located in the Gulf of Thailand. It also has interests in various exploration permits and retention leases in the Carnarvon and Bonaparte Basins, Western Australia. In addition, the company purchases and sells oil and gas. Tap Oil Limited was incorporated in 1995 and is based in Perth, Australia.
Tap Oil in the news
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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