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 » 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): 79
Equiv. Shares (M): 2,188

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.036 $ 0.036 $ 0.036 $ 0.036 $ 0.036 36,450 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 (%)
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 --
2011  A 3.8 0.3 -- 28.4 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) $1,317 M 0.8455 -0.3936 0.0515 5.1159 8.4372 8.0237 1.97 3.94 4.66
Nido Petroleum (NDO) $79 M 0.6666 -- -- 3.6000 -- -- 0.00 -- --
Oil Search (OSH) $12,456 M 0.5489 1.2503 0.5998 47.8363 21.2578 13.2878 0.55 1.54 2.92
Santos (STO) $11,483 M 0.1518 0.1245 0.3917 22.5371 20.0411 14.4001 2.57 3.46 4.54
Woodside Petroleum (WPL) $31,679 M -0.0512 0.4517 -0.1688 16.6364 11.4602 13.7868 7.24 6.93 5.80

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
NDO -- 3.60 0.72 -- 1.76
Market 0.92 15.1 1.19 1.73 1.50
Sector 1.03 11.5 0.75 0.83 3.69

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
16 October 2015 Report (Quarterly)
20 July 2015 Report (Quarterly)
23 April 2015 Report (Quarterly)
16 April 2015 Report (Annual)
15 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 Choosing A Financial Planner

An educational booklet about the specialised professionals who help people with their money-related requirements - especially superannuation.

More details...


Australian Share Market - Close Up

CMC Markets 11/11/2014 | The Australian share market is in a decision zone - and trading from here may set the direction for the rest of the year.

Prices slashed - everything must go!

Nick Swales, Regional Director, Newcastle Office, Rathbones 27/10/2014 | “If you want to have a better performance than the crowd, you must do things differently from the crowd.” Sir John Templeton.

Aussie share market bulls now have company

Ric Spooner (Chief Market Analyst, CMC Markets) 20/10/2014 | Today, Australian investors will not have to go it alone buying stocks as they did for much of last week. Bargain hunters this morning will be supported by the morale boosting encouragement of a 3% turnaround in the German Dax and a 264 point rally in the Dow Jones.

The Importance of Ignoring the Noise of the Market

Carl Richards, director of investor education at the BAM Alliance 17/10/2014 | “As odd as it may sound, the sooner you start treating your investments like you treat life, the happier you’ll be with the outcome.”

You only dance twice

William H. Gross, Janus Capital Group 16/10/2014 | “Financial markets are artificially priced. In the bond market, there is nothing normal about a three year German Bund yielding “minus” 10 basis points.”

The Big Picture - Australia 200 Index

CMC Markets 8/10/2014 | Share market indices around the globe are breaking down. While analysts cast around for reasons, it’s clear that a time factor is in play. Simply put, many investors “feel” a correction is overdue. How low could it go?


Sponsored Links