MEC Resources Limited

  • IPO date: 2006-05-09
  • Sector: Energy
  • GIC Group: Energy
  • Industry: Oil & Gas E&P
  • Company website

Company description

MEC Resources Limited, through its subsidiaries, operates as an oil and gas exploration and development company in Australia. It holds 100% interests in the EP386 and RL1 permit located in the onshore Bonaparte basin in the Western Australia and Northern Territory respectively; and an 85% interest in the PEP11 petroleum exploration permit located in the offshore Sydney basin. The company was incorporated in 2005 and is headquartered in South Perth, Australia.

Financial highlights

Market Capitalization$3.2367 million
P/E Ratio
P/E Growth Ratio0
Book Value0.011
Dividend Per Share0
Earnings Per Share-0.002
EBITDA-1,763.371
Profit Margin0
Operating Margin TTM0
Return on Assets TTM-0.069
Return on Equity TTM-0.1326
Revenue TTM0.587

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2006-06-30 9 127.8
2007-06-30 38 840.449
2008-06-30 92.312 92.312 1,501.633
2009-06-30 2,459.761
2010-06-30 3,693.952
2011-06-30 13.073 13.073 5,291.331
2012-06-30 2,204.066
2013-06-30 0 0 0 3,140.484
2014-06-30 58.933 0 58.933 1,821.023
2015-06-30 28.52 0 28.524 1,503.952
2016-06-30 23.98 0 23.984 1,358.259
2017-06-30 61.06 0 61.061 1,082.631
2018-06-30 86.16 0 86.162 20,121.059
2019-06-30 107.13 107.131 1,871.321
2020-06-30 2.455 2.455 731.598
2021-06-30 31.1 997.261

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2006-06-30 4,213.588 4,302.27 76.542 26.19 4,332.709
2007-06-30 3,027.592 4,055.967 137.608 4,349.56
2008-06-30 1,966.361 7,136.953 928.843 543 6,671.278
2009-06-30 1,480.629 5,163.645 1,022.715 573 8,412.535
2010-06-30 17,360.848 27,307.308 3,395.629 369.086 11,808.203
2011-06-30 12,415.165 52,435.746 6,302.127 2,219.05 24,920.661
2012-06-30 7,033.662 39,964.048 3,240.505 416.889 24,922.466
2013-06-30 4,207.474 35,486.193 1,797.159 470.557 24,922.466
2014-06-30 1,623.636 32,954.604 1,153.78 594.527 24,924.466
2015-06-30 1,265.571 30,853.503 1,348.818 697.978 25,529.466
2016-06-30 877.018 30,570.262 1,723.442 810.97 26,165.961
2017-06-30 600.601 30,327.592 1,863.138 813.422 26,812.441
2018-06-30 978.497 12,790.468 2,235.669 813.422 28,784.989
2019-06-30 350.634 11,670.045 1,992.172 791.978 29,336.134
2020-06-30 438.11 9,073.943 757.623 593.796 4,122.16 30,644.378
2021-06-30 130.516 9,002.081 1,719.813 872.741 4,161.14 30,644.378

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2006-06-30 -106.981 4,213.588
2007-06-30 -765.217 -1,185.996 4,213.588 3,027.592
2008-06-30 -433.939 -1,061.231 3,027.592 1,966.361
2009-06-30 -3,357.021 -485.732 1,966.361 1,480.629
2010-06-30 -2,905.01 15,880.219 1,480.629 17,360.848
2011-06-30 -4,055.799 -4,945.683 17,360.848 12,415.165
2012-06-30 -9,178.725 -5,381.503 12,415.165 7,033.662
2013-06-30 -2,045.593 -2,000 -2,826.188 7,033.662 4,207.474
2014-06-30 -1,371.185 -2,351.367 -2,583.838 4,207.474 1,623.636
2015-06-30 -1,767.525 -1,138.136 -358.065 1,623.636 1,265.571
2016-06-30 -1,034.477 -867.633 -388.553 1,265.571 877.018
2017-06-30 -900.893 -893.59 -276.417 877.018 600.601
2018-06-30 -9,826.563 -1,059.25 377.896 600.601 978.497
2019-06-30 -1,339.67 -1,025.981 -627.863 978.497 350.634
2020-06-30 -2,669.798 -651.428 177.701 260.409 438.11
2021-06-30 -1,034.051 -353.639 -307.824 438.11 130.286