Molopo Energy Limited (MPO)

Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today Ľ it's FREE! Already a member? Login now!

General Information
Company Name: Molopo Energy Limited
Stock Code: MPO
GICS Sub-Industry: Oil & Gas Exploration & Production
Market Cap ($M): 37
Equiv. Shares (M): 249

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.150 $ 0.150 $ 0.150 $ 0.145 $ 0.150 73,741 0%

Company Overview

Business Description:
Molopo Energy Limited (MPO) is an oil and gas exploration and production company. MPO has exploration projects located in Canada and USA. MPO is currently focused on the development of the Wolfcamp shale resource play in the Permian Basin, Texas, USA.

Strategy Analysis:
MPO's coal bed methane growth strategy has been to build a diversified portfolio of petroleum assets at the appraisal or advanced exploration stage. This is intended to create a core group of assets that can generate long term cash flow and shareholder value. . Molopo Energy reported positive cash flow of US$16.73m for quarter ended 31 December 2012. Operating cash flow for the period was US$(24.75m). Payments for exploration and evaluation were US$(163,000). Investing cash flow was US$41.48m. Financing cash flow was nil. Cash in hand at the end of the quarter was US$70.98m.

Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A -45.6 -18.5 -- 0.0 0.0 0.0 --
2012  A -61.2 -24.9 -- 0.0 0.0 0.0 --
2011  A -52.0 -20.3 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F
Beach Energy (BPT) $1,220 M 0.8455 -0.4098 -0.5423 4.7379 8.0273 17.5373 2.13 4.26 4.26
Molopo Energy (MPO) $37 M -- -- -- -- -- -- 0.00 -- --
Oil Search (OSH) $11,603 M 0.5489 1.2673 0.4001 44.5614 19.6544 14.0383 0.59 1.69 2.63
Santos (STO) $7,819 M 0.1518 0.0895 0.0676 15.3461 14.0860 13.1941 3.77 5.07 5.88
Woodside Petroleum (WPL) $30,155 M -0.0512 0.4310 -0.3772 15.8359 11.0664 17.7679 7.60 7.19 4.49

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
MPO -- -- 0.58 -- 8.67
Market 0.90 15.0 1.19 1.94 1.48
Sector 1.00 9.17 0.62 1.04 2.89

Name Position Start Date
Mr Glenn Ross Alternate Director 15 February 2011
Mr Christopher Bruce Ryan Non-Executive Director 08 April 2014
Mr Don Engle Non-Executive Director 20 January 2012
Mr Gregory Harold Smith Non-Executive Director 16 June 2014
Mr Jeffrey E Schwarz Non-Executive Director,Non-Executive Chairman 15 March 2013

Name Position
Jessica Huberman Company Secretary
Andrew William Metcalfe Joint Company Secretary

Substantial Shareholders
Holding Name
21,313,208 (8.62%) Gibralt Capital Corporation
22,520,085 (9.11%) Scoggin LLC
33,763,838 (13.66%) Bentley Capital Ltd

Calendar of Events
Date Event
29 October 2015 Report (Quarterly)
30 July 2015 Report (Quarterly)
29 April 2015 Report (Quarterly)
27 March 2015 Report (Annual)
28 January 2015 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at


Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Investment Fees

An educational booklet to help you find out everything you must know about investment fees.

More details...


Markets melt up

By Michael McCarthy (chief market strategist, CMC Markets) 19/12/2014 | Traders and investors caught short heading into the FOMC scrambled for cover in Europe and the US, in many cases driving indices to their best one day performance for 2015.

Aussie Investors take their foot off the accelerator

By Betty Lam (Sales Trader, CMC Markets) 18/12/2014 | Lead by the Fed-fervour offshore, Australians shares jumped on the Yellen cheer wagon. The material and energy stocks were back in vogue as both sectors gained over 3% in morning trade.

Fed Feeds Frenzy

By Michael McCarthy (chief market strategist, CMC Markets) 18/12/2014 | In spite of a frenzied pre-mortem, a benign statement from the US Federal Reserve‚Äôs Open Market Committee and steadying commodity markets drove investors back into share markets overnight. A calmer, stronger ruble helped offset European growth fears, highlighted in the overnight session by further declines in inflation.

Household brands Woolworths and Telstra Heavy Lifting

By Betty Lam (Sales Trader, CMC Markets) 11/12/2014 | Offshore jitters sent ripples through to Australian stocks. The open saw the local equities take 65 points off the index, catalysed by a mass-exit in energy stocks, yet again.

Steady open as Woodside investors wait on details of possible Wheatstone acquisition

By Ric Spooner (Chief Market Analyst, CMC Markets) 10/12/2014 | Yesterday‚Äôs news on Greek politics and China‚Äôs bond market came at a time when US and European stock markets have extended rallies and pushed valuations higher. This makes those markets vulnerable to downward corrections as profit takers act to avoid missing out.

MYEFO and Lima - December could be nasty.

BR Securities Australia Pty Ltd 2/12/2014 | December 2014 could go down as a nasty moment in Australian finance. MYEFO will reveal a deteriorating budget deficit and the UNFCCC meeting in Lima, Peru will provide the agreement, to be ratified in Paris in 2015, on how much (or little) CO2 is to be allowed into the atmosphere from 2020.


Sponsored Links