Comet Ridge Ltd

  • IPO date:
  • Sector: Energy
  • GIC Group: Energy
  • Industry: Oil & Gas E&P
  • Company website

Company description

Comet Ridge Limited, together with its subsidiaries, engages in the oil and gas exploration, appraisal, and development activities in Australia. The company holds 57.14% interest in the Mahalo Joint Venture project covering an area of 989 square kilometers located in the Southern Bowen Basin, Queensland. It also holds 100% interest in the Mahalo North project covering 450 square kilometers, the Mahalo East project covering 97 square kilometers, and the Mahalo Far East project covering 338 square kilometers located in the Southern Bowen Basin, Queensland; and the ATP 743, ATP 744, and ATP 1015 projects located in the Galilee Basin, Queensland. In addition, the company holds 59.09% interest in PEL 427 project covering an area of 900 square kilometers located in the Gunnedah Basin, New South Wales. Comet Ridge Limited was incorporated in 2003 and is based in Brisbane, Australia.

Financial highlights

Market Capitalization$161.6597 million
P/E Ratio0
P/E Growth Ratio0
Book Value0.064
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-3,360
Profit Margin0
Operating Margin TTM-22.7255
Return on Assets TTM-0.0197
Return on Equity TTM-0.1174
Revenue TTM153

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2004-06-30 66
2005-06-30 121 899.135
2006-06-30 70.285 375 70.285 1,725.311
2007-06-30 4.20526 1,661 4.20526 4,205.87133
2008-06-30 67 10 1,386.5066000000002
2009-06-30 621 3,515.397
2010-06-30 4,055 6,790.566
2011-06-30 211.822 211.822 3,413.796
2012-06-30 6,581 2,232.91
2013-06-30 0 95 0 8,646.631
2014-06-30 0 0 0 12,370.882
2015-06-30 771 1,292 -521 19,256
2016-06-30 76 0 36 2,033
2017-06-30 25 0 0 1,673
2018-06-30 176 0 0 2,643
2019-06-30 339 339 3,665
2020-06-30 93 8,450
2021-06-30 17 3,509
2022-06-30 6 3,886
2023-06-30 153

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2004-06-30 3,140 7,834 232 7,984
2005-06-30 1,318.436 7,011.714 174.278 7,983.804
2006-06-30 4,195.234 9,392.621 404.516 56.943 10,518.019
2007-06-30 3,098.07942 17,280.379399999998 1,680.91198 29.77259 17,249.587600000003
2008-06-30 799.77588 11,676.38583 1,203.83002 15,401.89264
2009-06-30 22,078.774 49,239.831 5,537.914 65,265.125
2010-06-30 4,815.021 44,063.685 5,376.352 5,132.488 65,265.125
2011-06-30 7,018.398 43,355.252 3,000.183 65,265.125
2012-06-30 6,081.148 47,629.742 2,994.652 65,265.125
2013-06-30 4,464.13 53,513.457 6,390.254 74,689.218
2014-06-30 4,814.076 59,206.405 16,460.284 83,481.566
2015-06-30 5,827 46,059 13,342 11,564 92,099
2016-06-30 1,625 43,610 14,582 0 13,270 92,022
2017-06-30 6,039 50,776 17,988 0 15,227 99,377
2018-06-30 11,547 60,688 17,166 0 16,588 112,440
2019-06-30 12,998 78,132 21,957 0 17,191 129,110
2020-06-30 4,636 79,611 22,853 0 19,206 140,200
2021-06-30 3,390 76,231 25,822 0 0 140,379
2022-06-30 7,423 109,356 61,811 13,150 6,170 145,693
2023-06-30 11,651 111,362 47,049 0 7,018 169,542

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2004-06-30 3,139.558
2005-06-30 -764.023 -1,821.122 3,139.558 1,318.436
2006-06-30 -661.781 2,876.798 1,318.436 4,195.234
2007-06-30 -1,062.17273 -528.69447 3,626.77389 3,098.07942
2008-06-30 -4,265.06649 -1,936.58633 2,731.4980299999997 794.9117
2009-06-30 -21,688.069 13,127.882 8,950.892 22,078.774
2010-06-30 -4,896.642 -17,263.753 22,078.774 4,815.021
2011-06-30 1,235.608 1,334 2,203.377 4,815.021 7,018.398
2012-06-30 3,682.762 -937.25 7,018.398 6,081.148
2013-06-30 -6,986.546 -1,000 -1,617.018 6,081.148 4,464.13
2014-06-30 -13,600.655 677 349.946 4,464.13 4,814.076
2015-06-30 -18,569 -1,342 1,013 4,814 5,827
2016-06-30 -3,708 -1,647 -4,202 5,827 1,625
2017-06-30 -3,618 -1,272 4,414 1,625 6,039
2018-06-30 -2,218 -1,672 5,508 6,039 11,547
2019-06-30 -4,073 -2,387 1,451 11,547 12,998
2020-06-30 -10,418 -2,313 -8,362 12,998 4,636
2021-06-30 -6,957 -1,984 -1,246 4,636 3,390
2022-06-30 -9,745 -9,674 4,033 3,390 7,423
2023-06-30 -6,565 -3,804 4,228 7,423 11,651