Samson Oil & Gas Limited (SSN)



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: Samson Oil & Gas Limited
Stock Code: SSN
Website: www.samsonoilandgas.com.au
GICS Sub-Industry: Oil & Gas Drilling
Market Cap ($M): 62
Equiv. Shares (M): 2,838

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.021 $ 0.021 $ 0.021 $ 0.021 $ 0.022 407,100 $ -0.001  -4.545 %

Company Overview

Business Description:
Samson Oil & Gas Limited (SSN) is an Australian based oil and gas company holding development and exploration acreage in the USA.

Strategy Analysis:
SSN's business strategy is to create value by exploiting its Niobrara and Bakken acreage position. Samson Oil & Gas provided operational advice, reporting drilling operations are completed at the Roosevelt Project and the drill site has been cleared in preparation for the hydraulic fracture operations. The Company anticipates these operations to commence about 19 March. The Company also reported the Australia II 12KA 6 well has been flowed back from 8 open frac stages and there remain 5 stages that have yet to be flowed because of the perforating fish and plugs that remain in the well bore; the Abercrombie well has set and cemented 7 inch casing at 9,029 ft (MD) at the head of the lateral and the lateral is being drilled ahead at a depth of 9,624 ft; and the Defender downhole pump has been replaced and since 2 March (evening) (2.5 days) the well has produced 429 bbls of oil of which 160 bbls was pumped into the well to free the sucker rods and pump.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A -12.8 -0.7 -- 0.0 0.0 0.0 --
2012  A -30.5 -1.7 -177.3 0.0 0.0 0.0 --
2011  A 42.6 2.2 NaN 4.7 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
Horizon Oil (HZN) $443 M 2.3125 2.1132 0.1667 32.0755 10.3030 8.8312 0.00 0.00 0.00
Paladin Energy (PDN) $410 M -- -- -- -- -- 17.9325 0.00 0.00 0.00
Samson Oil & Gas (SSN) $60 M -- -- -- -- -- -- 0.00 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
SSN -- -- 1.05 -- 6.88
Market 0.99 16.2 1.30 1.83 1.60
Sector 1.22 11.4 0.76 0.63 6.88

Directors
Name Position Start Date
Mr Neil Christian Fearis Alternate Director (other) 02 October 2009
Mr Terry Barr Managing Director 25 January 2005
Mr Keith Skipper Non-Executive Director 10 September 2008
Dr DeAnn Craig Non-Executive Director 11 July 2011
Mr Eugene McColley Non-Executive Director 04 October 2013
Dr Victor Rudenno Non-Executive Director,Non-Executive Chairman 11 April 2007

Management
Name Position
Denis Ivan Rakich Company Secretary

Calendar of Events
Date Event
27 July 2015 Report (Quarterly)
29 April 2015 Report (Quarterly)
10 February 2015 Report (Quarterly)
30 January 2015 Report (Quarterly)
30 October 2014 Report (Quarterly)
16 September 2014 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 www.morningstar.com.au/fsg.asp.

Advertisement

Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Optimising Your Portfolio

An educational booklet that will point out what you need to know to use options effectively for additional income and risk management.

More details...

News

Billionaires bankroll Ten's new direction Media Network sees digital future

The Age 19/12/2013 | Ten Network's programming ambitions will be funded by a $200 million loan guaranteed by three of its billionaire owners, as the free-to-air broadcaster declared digital was the future and pointed to early signs that its switch to an older market demographic was working.

Elders alleges $24m fraud in live cattle division

The Age 19/12/2013 | Troubled rural services group Elders is threatening to call in the police over an alleged $24 million fraud by a "handful of individuals" in its live cattle exports division.

Bega Cheese holds back in three-way bidding war for WCB

The Age 19/12/2013 | Bega Cheese began the battle for Warrnambool Cheese & Butter but three months on it appears to be the first casualty of the bidding war.

Aussie hampers transition

The Age 19/12/2013 | A persistently high Australian dollar is thwarting the Reserve Bank's efforts to ease the transition of the economy away from mining.

RBA keeps its focus on lower dollar

The Age 19/12/2013 | The Reserve Bank is keeping the door open to further interest rate cuts, but believes the "significant amount" of monetary policy easing over the past two years is already stimulating growth.

Pact's struggles weigh down Orora

The Age 19/12/2013 | The underwhelming sharemarket debut of packaging company Pact Group Holdings has weighed on the demerger of Amcor and its $2 billion Australasian packaging and distribution business Orora.

More...


Sponsored Links