TRIPLE ENERGY LIMITED (TNP)



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: Triple Energy Limited
Stock Code: TNP
Website: www.tripleenergy.net
GICS Sub-Industry: Oil & Gas Exploration & Production
Market Cap ($M): 11
Equiv. Shares (M): 472

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.023 $ 0.023 $ 0.023 $ 0.023 $ 0.024 240,000 $ -0.001  -4.167 %

Company Overview

Business Description:
Triple Energy Limited (TNP, formerly Tango Petroleum Limited) is involved in the exploration for natural resources. TNP currently holds interests in USA and China.


Financial Summary
Year to Mar NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -2.4 -1.6 -- 0.0 0.0 0.0 --
2011  A -4.0 -4.5 -- 0.0 0.0 0.0 --
2010  A -0.5 -0.7 -- 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) $1,585 M 0.7828 -0.2483 0.1432 11.8036 15.7035 13.7363 0.0180 0.0180 0.0180
Oil Search (OSH) $10,278 M -0.3691 0.0607 1.8190 69.7464 65.7558 23.3263 0.0050 0.0053 0.0053
Santos (STO) $12,275 M -0.1141 0.3993 0.2471 28.2700 20.2031 16.2001 0.0236 0.0236 0.0236
Triple Energy (TNP) $10 M -- -- -- -- -- -- 0.0000 -- --
Woodside Petroleum (WPL) $31,061 M 0.1834 0.0140 0.1162 15.4756 15.2613 13.6728 0.0332 0.0527 0.0584

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
TNP -- -- 8.28 -- --
Market 1.13 13.2 0.92 2.50 2.58
Sector 1.37 15.8 0.79 2.17 5.41

Directors
Name Position Start Date
Mr Paul W Underwood Executive Chairman 14 February 2012
Mr Rodney Michael Bresnehan Executive Technical Director 07 February 2013
Mr Garry Ralston Non-Executive Director 04 November 2009
Mr Richard Hayward Non-Executive Director 30 June 2012

Management
Name Position
Alexander James Neuling Company Secretary

Substantial Shareholders
Holding Name
20,000,000 (8.00%) JK Nominees Pty Ltd
31,000,000 (12.40%) Mr Mathew Walker and Mafe Holdings Pty Ltd
19,000,000 (7.60%) Tisia Nominees Pty Ltd (ATF The Henderson Family Trust)

Calendar of Events
Date Event
28 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
25 October 2013 Report (Quarterly)
16 July 2013 Report (Quarterly)
28 June 2013 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 Estate Planning

Everyone wants their financial affairs to be in the best possible state when they die so that their loved ones can enjoy the benefits of their legacy without dispute or conflict.

More details...

News

How much more bull can world markets bear?

The Age 20/05/2013 | It is getting virtually impossible to find an expert who believes global equity markets are a risky place to invest. As markets on all continents grind higher and higher, the bears are in danger of becoming extinct and the Winston Churchill "voice in the wilderness" warning us of the troubles ahead seems to have departed the scene. When everyone is in agreement, we should start to get a little worried.

Tiger Australia cuts its losses

The Age 20/05/2013 | Tiger Australia has continued to narrow its losses due to stronger returns from fares and is operating without restrictions from air-safety authorities.

It takes no brains to kick Treasury

The Age 20/05/2013 | When it comes to forecasting the economy - and thereby the budget balance - the econocrats of the Reserve Bank and Treasury are on a hiding to nothing.

Monopoly delivered on a platter

The Age 20/05/2013 | Markets ought to be about competition. To quote historian Niall Ferguson, they should ensure the survival of the fittest, not the fattest.

Morgan Stanley sued over $5m super losses

The Age 20/05/2013 | Investment bank Morgan Stanley Smith Barney is being sued after losing more than $5 million from the super accounts of two private clients with a series of "aggressive, highly speculative and high-risk" trades using derivatives and share options.

How much more bull can world markets bear?

Sydney Morning Herald 20/05/2013 | It is getting virtually impossible to find an expert who believes global equity markets are a risky place to invest. As markets on all continents grind higher and higher, the bears are in danger of becoming extinct and the Winston Churchill "voice in the wilderness" warning us of the troubles ahead seems to have departed the scene. When everyone is in agreement, we should start to get a little worried.

More...


Sponsored Links

Feedback Form