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    COE   AU000000COE2

COOPER ENERGY LIMITED

(COE)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 09/17
0.225 AUD   -4.26%
09/13COOPER ENERGY LIMITED : - New gas sale arrangements with AGL
AQ
09/12Cooper Energy Limited Announces New Gas Sale Arrangements with AGL
CI
09/01Cooper Energy Limited Provides Operations Update
CI
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Morgan Stanley : rates COE as Equal-weight

07/19/2021 | 08:31pm EDT

Cooper Energy has delivered production results that were weaker than Morgan Stanley expected, while this was offset by higher sales volumes given an increase in purchases of third-party gas.

The main risk, the broker observes, is the upcoming Basker Manter abandonment program. The broker assesses Cooper Energy will need to expand its debt facilities, as debt increases significantly in 2022 given the outlay required for the abandonment.

Equal-weight retained. Target is $0.34. Industry view: Attractive.

Sector: Energy.

Target price is $0.34.Current Price is $0.25. Difference: $0.09 - (brackets indicate current price is over target). If COE meets the Morgan Stanley target it will return approximately 26% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2021 Acquisdata Pty Ltd., source FN Arena

Stocks mentioned in the article
ChangeLast1st jan.
COOPER ENERGY LIMITED -4.26% 0.225 End-of-day quote.-42.31%
MORGAN STANLEY -0.70% 101.75 Delayed Quote.48.48%
All news about COOPER ENERGY LIMITED
09/13COOPER ENERGY LIMITED : - New gas sale arrangements with AGL
AQ
09/12Cooper Energy Limited Announces New Gas Sale Arrangements with AGL
CI
09/01Cooper Energy Limited Provides Operations Update
CI
09/01COOPER ENERGY : Acting Chief Financial Officer appointment
AQ
09/01Cooper Energy Appoints Finance Manager as Acting CFO
MT
08/31Cooper Energy Announces Management Changes
CI
08/23COOPER ENERGY : Narrows Net Loss in FY21
MT
08/23COOPER ENERGY LIMITED : - Reserves and Contingent Resources at 30 June 2021
AQ
08/23COOPER ENERGY : Strong momentum to continue in FY22
AQ
08/22Cooper Energy Limited Reports Production Results for the Full Year 2021
CI
More news
Financials
Sales 2022 196 M 142 M 142 M
Net income 2022 -10,2 M -7,37 M -7,37 M
Net Debt 2022 112 M 80,8 M 80,8 M
P/E ratio 2022 76,3x
Yield 2022 -
Capitalization 367 M 267 M 266 M
EV / Sales 2022 2,45x
EV / Sales 2023 2,16x
Nbr of Employees -
Free-Float 88,1%
Chart COOPER ENERGY LIMITED
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Cooper Energy Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends COOPER ENERGY LIMITED
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 0,23 AUD
Average target price 0,30 AUD
Spread / Average Target 35,3%
EPS Revisions
Managers and Directors
David Peter Maxwell Managing Director & Executive Director
Virginia Katherine Suttell Chief Financial Officer
John Craig Conde Non-Executive Chairman
Iain D. MacDougall Operations Manager
Jeffrey Warrington Schneider Independent Non-Executive Director
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