How to buy Tap Oil shares | TAP historical share price and analysis
finder.com.au

How to buy Tap Oil shares

Own Tap Oil shares in just a few minutes.

Updated
Fact checked

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!

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 listed in Australian Dollars. Tap Oil has a trailing 12-month revenue of around $33 million.

How to buy shares in Tap Oil

  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 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.
  4. 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.
  5. 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.
  6. 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.

What's in this guide?

  1. Tap Oil key stats
  2. Compare share trading platforms
  3. Is Tap Oil stock a buy or sell?
  4. Tap Oil performance over time
  5. Are Tap Oil shares over-valued?
  6. Tap Oil 's financials
  7. How volatile are Tap Oil shares?
  8. Does Tap Oil pay a dividend?
  9. Other common questions

Tap Oil share price

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$0.062 - $0.105
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

Compare share trading platforms

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.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
Superhero share trading
AUD $5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
Go to site
More Info
Bell Direct Share Trading
Finder Award
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (T&Cs apply).
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
Go to site
More Info
IG Share Trading
Finder Award
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Go to site
More Info
ThinkMarkets Share Trading
ThinkMarkets Share Trading
AUD $8
No
ASX shares, ETFs
Limited offer: Get 5 free ASX trades when you open a new account with ThinkMarkets before June 30, 2021 (T&Cs apply).
Buy and sell CHESS sponsored ASX shares with $0 brokerage on your first 5 trades. Only $8 flat fee brokerage thereafter, plus enjoy free live stock price data on an easy to use mobile app.
Go to site
More Info
CMC Markets Stockbroking
Finder Award
CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
Go to site
More Info
ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
More Info
Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
More Info
loading

Compare up to 4 providers

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.

Technical Analysis of Tap Oil Limited by TradingView

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 (£0.0 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 $0.062 up to $0.105. A popular way to gauge a stock's volatility is its "beta".

TAP.AU volatility(beta: 0.56)Avg. volatility(beta: 1.00)LowHigh

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.

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.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site