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New Zealand Oil and Gas Ltd
Buy, Hold or Sell?

Let's analyse New Zealand Oil and Gas Ltd together

PenkeI guess you are interested in New Zealand Oil and Gas Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of New Zealand Oil and Gas Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of New Zealand Oil and Gas Ltd (30 sec.)










What can you expect buying and holding a share of New Zealand Oil and Gas Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
28.6%

What is your share worth?

Current worth
A$0.73
Expected worth in 1 year
A$0.97
How sure are you?
71.4%

+ What do you gain per year?

Total Gains per Share
A$0.24
Return On Investment
58.6%

For what price can you sell your share?

Current Price per Share
A$0.41
Expected price per share
A$0.3763 - A$0.4374
How sure are you?
50%

1. Valuation of New Zealand Oil and Gas Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.41

Intrinsic Value Per Share

A$-0.60 - A$0.63

Total Value Per Share

A$0.13 - A$1.35

2. Growth of New Zealand Oil and Gas Ltd (5 min.)




Is New Zealand Oil and Gas Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$106.7m$96.4m$10.3m9.7%

How much money is New Zealand Oil and Gas Ltd making?

Current yearPrevious yearGrowGrow %
Making money$6.3m$10.1m-$3.8m-59.5%
Net Profit Margin10.9%20.5%--

How much money comes from the company's main activities?

3. Financial Health of New Zealand Oil and Gas Ltd (5 min.)




4. Comparing to competitors in the Oil & Gas E&P industry (5 min.)




  Industry Rankings (Oil & Gas E&P)  


Richest
#298 / 360

Most Revenue
#229 / 360

Most Profit
#172 / 360

What can you expect buying and holding a share of New Zealand Oil and Gas Ltd? (5 min.)

Welcome investor! New Zealand Oil and Gas Ltd's management wants to use your money to grow the business. In return you get a share of New Zealand Oil and Gas Ltd.

What can you expect buying and holding a share of New Zealand Oil and Gas Ltd?

First you should know what it really means to hold a share of New Zealand Oil and Gas Ltd. And how you can make/lose money.

Speculation

The Price per Share of New Zealand Oil and Gas Ltd is A$0.41. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of New Zealand Oil and Gas Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in New Zealand Oil and Gas Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.73. Based on the TTM, the Book Value Change Per Share is A$0.06 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.24 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of New Zealand Oil and Gas Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.036.9%0.036.9%0.0511.1%-0.01-2.3%0.024.2%
Usd Book Value Change Per Share0.049.5%0.049.5%0.1637.8%0.013.3%0.0716.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.011.9%
Usd Total Gains Per Share0.049.5%0.049.5%0.1637.8%0.013.3%0.0718.2%
Usd Price Per Share0.21-0.21-0.26-0.25-0.26-
Price to Earnings Ratio7.60-7.60-5.76--15.65-8.55-
Price-to-Total Gains Ratio5.50-5.50-1.69-14.03-11.71-
Price to Book Ratio0.46-0.46-0.61-0.67-0.68-
Price-to-Total Gains Ratio5.50-5.50-1.69-14.03-11.71-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.265352
Number of shares3768
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.040.01
Usd Total Gains Per Share0.040.01
Gains per Quarter (3768 shares)146.3950.92
Gains per Year (3768 shares)585.56203.67
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
105865760204194
20117111620407398
30175717480611602
40234223340815806
5029282920010181010
6035133506012221214
7040994092014261418
8046854678016291622
9052705264018331826
10058565850020372030

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.03.00.057.1%4.03.00.057.1%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%5.02.00.071.4%5.02.00.071.4%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%2.00.05.028.6%2.00.05.028.6%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%5.02.00.071.4%5.02.00.071.4%

Fundamentals of New Zealand Oil and Gas Ltd

About New Zealand Oil and Gas Ltd

New Zealand Oil & Gas Limited engages in the exploration, evaluation, production, and appraisal of oil and gas properties in New Zealand, Australia, and internationally. It also develops, produces, and sells natural gas, liquefied petroleum gas, and condensate. The company was incorporated in 1981 and is headquartered in Wellington, New Zealand. New Zealand Oil & Gas Limited is a subsidiary of O.G.Oil & Gas (Singapore) Pte. Limited.

Fundamental data was last updated by Penke on 2024-04-02 18:23:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of New Zealand Oil and Gas Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit New Zealand Oil and Gas Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare New Zealand Oil and Gas Ltd to the Oil & Gas E&P industry mean.
  • A Net Profit Margin of 10.9% means that $0.11 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of New Zealand Oil and Gas Ltd:

  • The MRQ is 10.9%. The company is making a huge profit. +2
  • The TTM is 10.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.9%TTM10.9%0.0%
TTM10.9%YOY20.5%-9.6%
TTM10.9%5Y-18.2%+29.0%
5Y-18.2%10Y12.8%-31.0%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ10.9%13.7%-2.8%
TTM10.9%13.3%-2.4%
YOY20.5%18.9%+1.6%
5Y-18.2%-15.4%-2.8%
10Y12.8%-36.4%+49.2%
1.1.2. Return on Assets

Shows how efficient New Zealand Oil and Gas Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare New Zealand Oil and Gas Ltd to the Oil & Gas E&P industry mean.
  • 4.0% Return on Assets means that New Zealand Oil and Gas Ltd generated $0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of New Zealand Oil and Gas Ltd:

  • The MRQ is 4.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.0%TTM4.0%0.0%
TTM4.0%YOY6.1%-2.1%
TTM4.0%5Y-4.1%+8.0%
5Y-4.1%10Y2.6%-6.7%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%1.0%+3.0%
TTM4.0%1.0%+3.0%
YOY6.1%2.1%+4.0%
5Y-4.1%-1.5%-2.6%
10Y2.6%-3.3%+5.9%
1.1.3. Return on Equity

Shows how efficient New Zealand Oil and Gas Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare New Zealand Oil and Gas Ltd to the Oil & Gas E&P industry mean.
  • 6.8% Return on Equity means New Zealand Oil and Gas Ltd generated $0.07 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of New Zealand Oil and Gas Ltd:

  • The MRQ is 6.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.8%TTM6.8%0.0%
TTM6.8%YOY11.5%-4.7%
TTM6.8%5Y-5.0%+11.8%
5Y-5.0%10Y3.0%-7.9%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ6.8%2.4%+4.4%
TTM6.8%2.3%+4.5%
YOY11.5%4.4%+7.1%
5Y-5.0%-3.5%-1.5%
10Y3.0%-6.7%+9.7%

1.2. Operating Efficiency of New Zealand Oil and Gas Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient New Zealand Oil and Gas Ltd is operating .

  • Measures how much profit New Zealand Oil and Gas Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare New Zealand Oil and Gas Ltd to the Oil & Gas E&P industry mean.
  • An Operating Margin of 25.5% means the company generated $0.26  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of New Zealand Oil and Gas Ltd:

  • The MRQ is 25.5%. The company is operating very efficient. +2
  • The TTM is 25.5%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ25.5%TTM25.5%0.0%
TTM25.5%YOY27.0%-1.5%
TTM25.5%5Y-7.5%+33.0%
5Y-7.5%10Y-16.7%+9.3%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ25.5%21.6%+3.9%
TTM25.5%16.4%+9.1%
YOY27.0%29.8%-2.8%
5Y-7.5%-1.7%-5.8%
10Y-16.7%-16.5%-0.2%
1.2.2. Operating Ratio

Measures how efficient New Zealand Oil and Gas Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • An Operation Ratio of 0.71 means that the operating costs are $0.71 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of New Zealand Oil and Gas Ltd:

  • The MRQ is 0.708. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.708. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.708TTM0.7080.000
TTM0.708YOY0.690+0.017
TTM0.7085Y1.049-0.342
5Y1.04910Y0.754+0.295
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7081.000-0.292
TTM0.7080.974-0.266
YOY0.6900.819-0.129
5Y1.0491.067-0.018
10Y0.7541.176-0.422

1.3. Liquidity of New Zealand Oil and Gas Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if New Zealand Oil and Gas Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A Current Ratio of 3.02 means the company has $3.02 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of New Zealand Oil and Gas Ltd:

  • The MRQ is 3.021. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.021. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.021TTM3.0210.000
TTM3.021YOY1.693+1.329
TTM3.0215Y7.870-4.848
5Y7.87010Y8.707-0.837
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0211.229+1.792
TTM3.0211.174+1.847
YOY1.6931.289+0.404
5Y7.8701.328+6.542
10Y8.7071.704+7.003
1.3.2. Quick Ratio

Measures if New Zealand Oil and Gas Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare New Zealand Oil and Gas Ltd to the Oil & Gas E&P industry mean.
  • A Quick Ratio of 2.58 means the company can pay off $2.58 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of New Zealand Oil and Gas Ltd:

  • The MRQ is 2.585. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.585. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.585TTM2.5850.000
TTM2.585YOY1.622+0.963
TTM2.5855Y7.610-5.026
5Y7.61010Y5.649+1.961
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5850.632+1.953
TTM2.5850.663+1.922
YOY1.6220.798+0.824
5Y7.6100.826+6.784
10Y5.6491.013+4.636

1.4. Solvency of New Zealand Oil and Gas Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of New Zealand Oil and Gas Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare New Zealand Oil and Gas Ltd to Oil & Gas E&P industry mean.
  • A Debt to Asset Ratio of 0.34 means that New Zealand Oil and Gas Ltd assets are financed with 33.7% credit (debt) and the remaining percentage (100% - 33.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of New Zealand Oil and Gas Ltd:

  • The MRQ is 0.337. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.337. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.337TTM0.3370.000
TTM0.337YOY0.425-0.087
TTM0.3375Y0.284+0.053
5Y0.28410Y0.248+0.036
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3370.416-0.079
TTM0.3370.419-0.082
YOY0.4250.4250.000
5Y0.2840.464-0.180
10Y0.2480.447-0.199
1.4.2. Debt to Equity Ratio

Measures if New Zealand Oil and Gas Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare New Zealand Oil and Gas Ltd to the Oil & Gas E&P industry mean.
  • A Debt to Equity ratio of 58.2% means that company has $0.58 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of New Zealand Oil and Gas Ltd:

  • The MRQ is 0.582. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.582. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.582TTM0.5820.000
TTM0.582YOY0.807-0.225
TTM0.5825Y0.461+0.121
5Y0.46110Y0.385+0.076
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5820.586-0.004
TTM0.5820.596-0.014
YOY0.8070.683+0.124
5Y0.4610.796-0.335
10Y0.3850.759-0.374

2. Market Valuation of New Zealand Oil and Gas Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings New Zealand Oil and Gas Ltd generates.

  • Above 15 is considered overpriced but always compare New Zealand Oil and Gas Ltd to the Oil & Gas E&P industry mean.
  • A PE ratio of 7.60 means the investor is paying $7.60 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of New Zealand Oil and Gas Ltd:

  • The EOD is 9.447. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.604. Based on the earnings, the company is underpriced. +1
  • The TTM is 7.604. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD9.447MRQ7.604+1.843
MRQ7.604TTM7.6040.000
TTM7.604YOY5.762+1.842
TTM7.6045Y-15.654+23.258
5Y-15.65410Y8.554-24.208
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD9.4472.022+7.425
MRQ7.6041.660+5.944
TTM7.6042.020+5.584
YOY5.7621.343+4.419
5Y-15.654-1.139-14.515
10Y8.554-1.089+9.643
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of New Zealand Oil and Gas Ltd:

  • The EOD is -23.029. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -18.535. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -18.535. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-23.029MRQ-18.535-4.493
MRQ-18.535TTM-18.5350.000
TTM-18.535YOY8.059-26.594
TTM-18.5355Y3.986-22.522
5Y3.98610Y-0.419+4.405
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD-23.0290.096-23.125
MRQ-18.5350.093-18.628
TTM-18.535-0.538-17.997
YOY8.059-1.021+9.080
5Y3.986-2.322+6.308
10Y-0.419-4.311+3.892
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of New Zealand Oil and Gas Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A PB ratio of 0.46 means the investor is paying $0.46 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of New Zealand Oil and Gas Ltd:

  • The EOD is 0.565. Based on the equity, the company is cheap. +2
  • The MRQ is 0.455. Based on the equity, the company is cheap. +2
  • The TTM is 0.455. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.565MRQ0.455+0.110
MRQ0.455TTM0.4550.000
TTM0.455YOY0.609-0.154
TTM0.4555Y0.669-0.214
5Y0.66910Y0.676-0.006
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD0.5651.076-0.511
MRQ0.4551.012-0.557
TTM0.4551.052-0.597
YOY0.6091.353-0.744
5Y0.6691.193-0.524
10Y0.6761.352-0.676
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of New Zealand Oil and Gas Ltd.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of New Zealand Oil and Gas Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0600.0600%0.240-75%0.021+188%0.104-42%
Book Value Per Share--0.7250.7250%0.665+9%0.604+20%0.607+19%
Current Ratio--3.0213.0210%1.693+79%7.870-62%8.707-65%
Debt To Asset Ratio--0.3370.3370%0.425-21%0.284+19%0.248+36%
Debt To Equity Ratio--0.5820.5820%0.807-28%0.461+26%0.385+51%
Dividend Per Share----0%-0%-0%0.012-100%
Eps--0.0430.0430%0.070-38%-0.014+133%0.027+62%
Free Cash Flow Per Share---0.018-0.0180%0.050-135%-0.030+66%-0.041+129%
Free Cash Flow To Equity Per Share---0.019-0.0190%0.152-112%-0.010-47%-0.101+436%
Gross Profit Margin---1.680-1.6800%-0.306-82%1.682-200%1.487-213%
Intrinsic Value_10Y_max--0.625--------
Intrinsic Value_10Y_min---0.597--------
Intrinsic Value_1Y_max---0.010--------
Intrinsic Value_1Y_min---0.041--------
Intrinsic Value_3Y_max--0.026--------
Intrinsic Value_3Y_min---0.140--------
Intrinsic Value_5Y_max--0.128--------
Intrinsic Value_5Y_min---0.257--------
Market Cap91819913.280+18%75031770.00075031770.0000%90700158.240-17%87844179.842-15%90003879.718-17%
Net Profit Margin--0.1090.1090%0.205-47%-0.182+267%0.128-15%
Operating Margin--0.2550.2550%0.270-5%-0.075+129%-0.167+166%
Operating Ratio--0.7080.7080%0.690+3%1.049-33%0.754-6%
Pb Ratio0.565+20%0.4550.4550%0.609-25%0.669-32%0.676-33%
Pe Ratio9.447+20%7.6047.6040%5.762+32%-15.654+306%8.554-11%
Price Per Share0.410+20%0.3300.3300%0.405-19%0.391-16%0.401-18%
Price To Free Cash Flow Ratio-23.029-24%-18.535-18.5350%8.059-330%3.986-565%-0.419-98%
Price To Total Gains Ratio6.830+20%5.4975.4970%1.690+225%14.033-61%11.709-53%
Quick Ratio--2.5852.5850%1.622+59%7.610-66%5.649-54%
Return On Assets--0.0400.0400%0.061-35%-0.041+202%0.026+52%
Return On Equity--0.0680.0680%0.115-41%-0.050+173%0.030+130%
Total Gains Per Share--0.0600.0600%0.240-75%0.021+188%0.115-48%
Usd Book Value--106719298.426106719298.4260%96414260.697+11%87858431.585+21%88252395.350+21%
Usd Book Value Change Per Share--0.0390.0390%0.155-75%0.014+188%0.067-42%
Usd Book Value Per Share--0.4690.4690%0.431+9%0.391+20%0.393+19%
Usd Dividend Per Share----0%-0%-0%0.008-100%
Usd Eps--0.0280.0280%0.045-38%-0.009+133%0.017+62%
Usd Free Cash Flow---2619894.659-2619894.6590%7283817.715-136%-4298693.236+64%-5925316.123+126%
Usd Free Cash Flow Per Share---0.012-0.0120%0.033-135%-0.019+66%-0.026+129%
Usd Free Cash Flow To Equity Per Share---0.012-0.0120%0.098-112%-0.006-47%-0.065+436%
Usd Market Cap59425847.875+18%48560561.54448560561.5440%58701142.413-17%56852753.194-15%58250510.953-17%
Usd Price Per Share0.265+20%0.2140.2140%0.262-19%0.253-16%0.260-18%
Usd Profit--6386178.7566386178.7560%10186896.093-37%-2063738.458+132%4188133.698+52%
Usd Revenue--58645745.30358645745.3030%49753657.787+18%35524417.997+65%31554672.462+86%
Usd Total Gains Per Share--0.0390.0390%0.155-75%0.014+188%0.075-48%
 EOD+5 -3MRQTTM+0 -0YOY+12 -225Y+22 -1210Y+20 -16

4.2. Fundamental Score

Let's check the fundamental score of New Zealand Oil and Gas Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-159.447
Price to Book Ratio (EOD)Between0-10.565
Net Profit Margin (MRQ)Greater than00.109
Operating Margin (MRQ)Greater than00.255
Quick Ratio (MRQ)Greater than12.585
Current Ratio (MRQ)Greater than13.021
Debt to Asset Ratio (MRQ)Less than10.337
Debt to Equity Ratio (MRQ)Less than10.582
Return on Equity (MRQ)Greater than0.150.068
Return on Assets (MRQ)Greater than0.050.040
Total8/10 (80.0%)

4.3. Technical Score

Let's check the technical score of New Zealand Oil and Gas Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.410
Total0/1 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in NZD. All numbers in thousands.

Summary
Total Assets271,286
Total Liabilities91,526
Total Stockholder Equity157,168
 As reported
Total Liabilities 91,526
Total Stockholder Equity+ 157,168
Total Assets = 271,286

Assets

Total Assets271,286
Total Current Assets61,762
Long-term Assets209,524
Total Current Assets
Cash And Cash Equivalents 36,380
Net Receivables 16,458
Inventory 2,668
Other Current Assets 5,697
Total Current Assets  (as reported)61,762
Total Current Assets  (calculated)61,203
+/- 559
Long-term Assets
Property Plant Equipment 186,131
Long Term Investments 8,307
Intangible Assets 1,423
Other Assets 21,970
Long-term Assets  (as reported)209,524
Long-term Assets  (calculated)217,831
+/- 8,307

Liabilities & Shareholders' Equity

Total Current Liabilities20,442
Long-term Liabilities71,084
Total Stockholder Equity157,168
Total Current Liabilities
Short-term Debt 13,692
Accounts payable 3,096
Other Current Liabilities 2,837
Total Current Liabilities  (as reported)20,442
Total Current Liabilities  (calculated)19,625
+/- 817
Long-term Liabilities
Other Liabilities 70,823
Long-term Liabilities  (as reported)71,084
Long-term Liabilities  (calculated)70,823
+/- 261
Total Stockholder Equity
Common Stock236,883
Retained Earnings -88,930
Other Stockholders Equity 9,215
Total Stockholder Equity (as reported)157,168
Total Stockholder Equity (calculated)157,168
+/-0
Other
Capital Stock236,883
Cash and Short Term Investments 36,380
Common Stock Shares Outstanding 227,369
Current Deferred Revenue817
Liabilities and Stockholders Equity 271,286
Net Debt -36,380
Net Invested Capital 157,168
Net Tangible Assets 155,745
Net Working Capital 41,320
Property Plant and Equipment Gross 186,131



Balance Sheet

Currency in NZD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302015-06-30
> Total Assets 
0
172,576
184,846
178,760
185,300
143,322
282,355
271,286
271,286282,355143,322185,300178,760184,846172,5760
   > Total Current Assets 
0
133,076
112,035
116,177
119,878
81,191
82,059
61,762
61,76282,05981,191119,878116,177112,035133,0760
       Cash And Cash Equivalents 
83,659
125,103
98,010
105,586
110,754
70,759
64,590
36,380
36,38064,59070,759110,754105,58698,010125,10383,659
       Net Receivables 
0
6,489
11,519
7,872
6,243
8,829
14,043
16,458
16,45814,0438,8296,2437,87211,5196,4890
       Other Current Assets 
0
0
0
124
132
151
131
5,697
5,697131151132124000
   > Long-term Assets 
0
39,500
72,811
62,583
65,422
62,131
200,296
209,524
209,524200,29662,13165,42262,58372,81139,5000
       Property Plant Equipment 
0
38,834
72,308
62,527
59,171
53,980
181,633
186,131
186,131181,63353,98059,17162,52772,30838,8340
       Long Term Investments 
0
16
16
9
10
6,276
7,347
8,307
8,3077,3476,27610916160
       Intangible Assets 
0
650
487
47
128
1,875
2,896
1,423
1,4232,8961,875128474876500
       Other Assets 
0
16
16
5,527
6,123
6,276
15,767
21,970
21,97015,7676,2766,1235,52716160
> Total Liabilities 
0
23,520
33,276
32,427
37,742
39,423
119,953
91,526
91,526119,95339,42337,74232,42733,27623,5200
   > Total Current Liabilities 
0
9,856
13,837
10,289
8,024
9,662
48,483
20,442
20,44248,4839,6628,02410,28913,8379,8560
       Short-term Debt 
0
0
0
0
217
0
14,194
13,692
13,69214,19402170000
       Accounts payable 
0
2,328
2,697
1,573
1,451
3,050
5,439
3,096
3,0965,4393,0501,4511,5732,6972,3280
       Other Current Liabilities 
0
6,208
9,866
8,716
6,356
6,612
5,625
2,837
2,8375,6256,6126,3568,7169,8666,2080
   > Long-term Liabilities 
0
14,810
19,439
22,138
29,718
29,761
71,470
71,084
71,08471,47029,76129,71822,13819,43914,8100
       Other Liabilities 
0
13,664
19,439
27,758
29,718
29,479
71,236
70,823
70,82371,23629,47929,71827,75819,43913,6640
> Total Stockholder Equity
0
146,270
144,900
135,297
135,567
99,319
148,645
157,168
157,168148,64599,319135,567135,297144,900146,2700
   Common Stock
0
208,630
211,917
211,908
211,901
211,901
236,883
236,883
236,883236,883211,901211,901211,908211,917208,6300
   Retained Earnings Total Equity00000000
   Accumulated Other Comprehensive Income 
0
0
0
2,460
4,111
4,961
11,639
9,215
9,21511,6394,9614,1112,460000
   Capital Surplus 00000000
   Treasury Stock00000000
   Other Stockholders Equity 
0
6,198
7,561
2,460
4,111
4,961
11,639
9,215
9,21511,6394,9614,1112,4607,5616,1980



Balance Sheet

Currency in NZD. All numbers in thousands.




Cash Flow

Currency in NZD. All numbers in thousands.




Income Statement

Currency in NZD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue98,784
Cost of Revenue-988
Gross Profit97,79697,796
 
Operating Income (+$)
Gross Profit97,796
Operating Expense-68,903
Operating Income25,95128,893
 
Operating Expense (+$)
Research Development0
Selling General Administrative7,677
Selling And Marketing Expenses28,828
Operating Expense68,90336,505
 
Net Interest Income (+$)
Interest Income1,119
Interest Expense-2,017
Other Finance Cost-0
Net Interest Income-898
 
Pretax Income (+$)
Operating Income25,951
Net Interest Income-898
Other Non-Operating Income Expenses0
Income Before Tax (EBT)23,18030,766
EBIT - interestExpense = 23,180
14,858
12,774
Interest Expense2,017
Earnings Before Interest and Taxes (EBIT)25,19725,197
Earnings Before Interest and Taxes (EBITDA)40,764
 
After tax Income (+$)
Income Before Tax23,180
Tax Provision-4,101
Net Income From Continuing Ops19,07919,079
Net Income10,757
Net Income Applicable To Common Shares10,757
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses76,723
Total Other Income/Expenses Net-4,815898
 

Technical Analysis of New Zealand Oil and Gas Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of New Zealand Oil and Gas Ltd. The general trend of New Zealand Oil and Gas Ltd is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine New Zealand Oil and Gas Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of New Zealand Oil and Gas Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.435 < 0.4374 < 0.4374.

The bearish price targets are: 0.3763 > 0.3763 > 0.3763.

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New Zealand Oil and Gas Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of New Zealand Oil and Gas Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

New Zealand Oil and Gas Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily Moving Average Convergence/Divergence (MACD) ChartNew Zealand Oil and Gas Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of New Zealand Oil and Gas Ltd. The current adx is .

New Zealand Oil and Gas Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily Relative Strength Index (RSI) ChartNew Zealand Oil and Gas Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily Stochastic Oscillator ChartNew Zealand Oil and Gas Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily Commodity Channel Index (CCI) ChartNew Zealand Oil and Gas Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily Chande Momentum Oscillator (CMO) ChartNew Zealand Oil and Gas Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily Williams %R ChartNew Zealand Oil and Gas Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily Average True Range (ATR) ChartNew Zealand Oil and Gas Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily On-Balance Volume (OBV) ChartNew Zealand Oil and Gas Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of New Zealand Oil and Gas Ltd.

New Zealand Oil and Gas Ltd Daily Money Flow Index (MFI) ChartNew Zealand Oil and Gas Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for New Zealand Oil and Gas Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-12-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-18ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

New Zealand Oil and Gas Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of New Zealand Oil and Gas Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.410
Total0/1 (0.0%)
Penke

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