Nido Petroleum Limited (NDO)

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: Nido Petroleum Limited
Stock Code: NDO
GICS Sub-Industry: Oil & Gas Exploration & Production
Market Cap ($M): 59
Equiv. Shares (M): 2,188

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.027 $ 0.000 $ 0.000 $ 0.000 $ 0.027 0 0%

Company Overview

Business Description:
Nido Petroleum Limited (NDO) is an oil and gas exploration and production company holding a portfolio of producing assets and exploration prospects in the offshore North West Palawan Basin in the Philippines and the Penyu and West Natuna Basins in Indonesia.

Strategy Analysis:
NDO's focus for 2010 is: Deliver the Tindalo oil field development to production with first oil and second revenue stream by the first half of 2010; Pursue possible strategic farmout transactions for the Company's deepwater acreage assets in the Palawan Basin, Philippines; Embark upon a drilling program involving the leading prospects in NDO's inventory; Maximise revenues from the Galoc oil field; Continue to manage cash prudently, ensuring responsible levels of general and administrative expenses; Enhance corporate social responsibility programs in Palawan, Philippines and Perth, Australia. . Nido Petroleum reported positive cash flow of $4.07m for quarter ended 30 September 2011. Operating cash flow for the period was $4.13m. Payments for exploration and evaluation were $(3.63m). Investing cash flow was $(54,000). Financing cash flow was nil. Cash in hand at the end of the quarter was $15.53m.

Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -6.8 -0.3 -- 0.0 0.0 0.0 --
2013  A 20.0 1.0 66.7 3.2 0.0 0.0 --
2012  A 8.4 0.6 114.3 6.6 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Beach Energy (BPT) $1,401 M 0.8455 -0.6951 -0.5207 5.4435 17.8512 37.2414 1.85 2.78 2.78
Nido Petroleum (NDO) $59 M -- -- -- -- -- -- 0.00 -- --
Oil Search (OSH) $11,694 M 0.6947 0.3944 0.1074 26.5010 19.0052 17.1620 2.54 2.36 2.37
Santos (STO) $7,566 M 0.0505 -0.5058 0.8336 13.8558 28.0356 15.2896 4.64 4.10 5.16
Woodside Petroleum (WPL) $29,059 M 0.5477 -0.4966 0.2794 9.8597 19.5868 15.3088 8.81 4.08 5.21

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
NDO -- -- 0.62 -- 0.70
Market 0.90 16.8 1.30 2.44 1.60
Sector 1.03 10.97 0.60 10.00 2.88

Name Position Start Date
Mr Philip A Byrne Chief Executive Officer,Managing Director 01 June 2012
Mr Hugh Andrew Jon Edwards Non-Executive Director 11 December 2009
Mr Chaiwat Kovavisarach Non-Executive Director 01 October 2014
Mr Vichien Usanachote Non-Executive Director 01 October 2014
Mr William (Bill) Frederick Bloking Non-Executive Director,Non-Executive Chairman 06 February 2008

Name Position
Ashley Gilbert Chief Financial Officer
John Newman Company Secretary
J Pattillo Head of Exploration

Substantial Shareholders
Holding Name
406,951,875 (19.85%) Petroleum International Investment Corporation

Calendar of Events
Date Event
17 March 2016 Report (Annual)
22 January 2016 Report (Quarterly)
16 October 2015 Report (Quarterly)
20 July 2015 Report (Quarterly)
23 April 2015 Report (Quarterly)
16 April 2015 Report (Annual)
© 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 Trading Forex

An educational booklet with information on becoming a successful trader, including essentials you need to learn and the skills you need to develop.

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