TANGIERS PETROLEUM LIMITED (TPT)



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: Tangiers Petroleum Limited
Stock Code: TPT
Website: www.tangierspetroleum.com.au
GICS Sub-Industry: Oil & Gas Exploration & Production
Market Cap ($M): 33
Equiv. Shares (M): 130

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 0.250 $ 0.000 $ 0.000 $ 0.000 $ 0.250 0 0%

Company Overview

Business Description:
Tangiers Petroleum Limited (TPT, formerly DVM International Limited) is an oil and gas exploration company with projects located in Morocco and Australia. TPT currently has one project, Tarfaya Block, in Morrocco and two projects, Tarfaya Block and ATP 587, in Australia.


Financial Summary
Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -4.8 -4.5 -- 0.0 0.0 0.0 --
2011  A -2.6 -3.0 -- 0.0 0.0 0.0 --
2010  A -1.7 -2.7 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
Beach Energy (BPT) $1,534 M 0.7828 -0.2483 0.1432 11.4259 15.2010 13.2967 0.0186 0.0186 0.0186
Oil Search (OSH) $10,841 M -0.3691 0.0607 1.8198 73.2790 69.0863 24.5003 0.0048 0.0050 0.0050
Santos (STO) $12,401 M -0.1141 0.3991 0.2473 28.5587 20.4127 16.3655 0.0233 0.0233 0.0233
Tangiers Petroleum (TPT) $33 M -- -- -- -- -- -- 0.0000 -- --
Woodside Petroleum (WPL) $30,872 M 0.1834 0.0140 0.1160 15.3811 15.1682 13.5914 0.0334 0.0530 0.0588

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
TPT -- -- 2.01 -- --
Market 1.08 12.7 0.89 1.87 2.60
Sector 1.36 15.1 0.77 2.18 5.20

Directors
Name Position Start Date
Ms Eve Howell Executive Chairman 07 September 2012
Mr Brent Jude Villemarette Executive Director 27 October 2010
Mr Maximillian Francesco de Vietri Non-Executive Director 07 September 2012

Management
Name Position
Robert Dalton Chief Financial Officer,Joint Company Secretary
Margaret Hildick-Pytte Director of Exploration
Kelvin Tan General Manager-Corporate and Legal

Calendar of Events
Date Event
29 April 2014 Report (Annual)
28 April 2014 Report (Quarterly)
21 March 2014 Report (Annual)
30 January 2014 Report (Quarterly)
29 October 2013 Report (Quarterly)
30 July 2013 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 www.morningstar.com.au/fsg.asp.

Advertisement

Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Debt Relief

An educational booklet to help you take control of your debts and look to get back on track.

More details...

News

Grim reflections: the slow death of an industry

The Age 25/05/2013 | In the mid-1960s, when Australia's trade minister Sir John McEwen was urging Holden and Ford to seek export markets in Asia, the leader of one of Asia's poorest countries decided his country needed a car industry.

Buildplan creditors hurting

The Age 25/05/2013 | Debts to tradespeople and suppliers by collapsed builder National Buildplan Group have blown out to $58 million but administrators say they are likely to recoup only cents in the dollar.

In the big picture, luck, tax cuts tell true deficit story

The Age 25/05/2013 | They say it's only when the tide goes out you discover who's been swimming naked.

Big spenders go for Coffey

The Age 25/05/2013 | Beaten-down stocks linked to the resource sector featured on the directors' trades front this week.

Bernanke all talk, no action (yet), on stimulus

The Age 25/05/2013 | There's a simple message in what appeared to be conflicting statements from the Federal Reserve, its chairman, Ben Bernanke, and an assortment of other Fed heavies this week about the timing of a move to re-tighten monetary policy.

Markets, investors on edge as Fed prepares to shift gears

The Age 25/05/2013 | Investors are contemplating a future without support from one of the biggest drivers of the global economy in recent years - the US Federal Reserve.

More...


Sponsored Links

Feedback Form