New Zealand Oil & Gas Limited (AU:ECH)
ASX:ECH
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ECH Stock Chart & Stats
AU$0.34
<AU$0.01(1.49%)
At close: 4:00 PM EST
AU$0.34
<AU$0.01(1.49%)
Day’s Range― - ―
52-Week RangeAU$0.33 - AU$0.44
Previous CloseN/A
Volume15.17K
Average Volume (3M)12.33K
Market Cap
AU$79.50M
Enterprise ValueAU$108.61M
Total Cash (Recent Filing)AU$39.63M
Total Debt (Recent Filing)AU$51.57M
Price to Earnings (P/E)27.4
Beta-0.28
Next Earnings
Aug 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield6.72%
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding223,950,840
10 Day Avg. Volume30,454
30 Day Avg. Volume12,331
Financial Highlights & Ratios
PEG Ratio-2.10
Price to Book (P/B)0.59
Price to Sales (P/S)0.69
P/FCF Ratio1.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Investment-focused Business ModelOperating as an investment company focused on energy and resources gives NZO structural flexibility: lower operating capex, the ability to redeploy capital across assets, and multiple income channels (dividends, realized gains, interest). This durable model supports adaptable cash generation over months and reduces reliance on single-asset operational performance.
Strong Free Cash Flow ImprovementA ~55% year-over-year rise in free cash flow is a durable strength: it enhances capacity for distributions, debt reduction, and selective reinvestment without needing new equity. Sustained positive FCF supports financial resilience and strategic optionality even if operating metrics fluctuate.
Moderate Leverage With Sizable EquityDebt around 0.36x equity indicates conservative balance-sheet leverage, leaving headroom for funding opportunities or downturns. A sizable equity base improves credit profile and reduces solvency risk, supporting long-term investment decisions and preserving flexibility for portfolio repositioning.
Bears Say
Thin Net Profitability And Low ROENet margins near 3% and ROE around 2–3% signal weak earnings power relative to equity. Over a multi-month horizon this constrains internal capital generation for growth or dividends, risks investor returns lagging peers, and suggests the balance sheet is underutilized for generating strong profit.
Unclear Operating Cash ConversionZero reported operating cash flow undermines visibility into the sustainability of reported free cash flow. Without clear operating cash conversion, FCF may depend on one-off items or financing, raising risk that cash generation is volatile and less reliable for dividends or reinvestment over the coming months.
Earnings Reliant On Investment RealizationsHeavy dependence on dividends and realized investment gains makes earnings timing and magnitude sensitive to market cycles and asset-sale decisions. This structural reliance increases volatility and reduces predictability of recurring earnings and cash flows, complicating long-term planning and consistent returns.
New Zealand Oil & Gas Limited News
ECH FAQ
What was New Zealand Oil & Gas Limited’s price range in the past 12 months?
New Zealand Oil & Gas Limited lowest share price was AU$0.33 and its highest was AU$0.44 in the past 12 months.
What is New Zealand Oil & Gas Limited’s market cap?
New Zealand Oil & Gas Limited’s market cap is AU$79.50M.
When is New Zealand Oil & Gas Limited’s upcoming earnings report date?
New Zealand Oil & Gas Limited’s upcoming earnings report date is Aug 27, 2026 which is in 71 days.
How were New Zealand Oil & Gas Limited’s earnings last quarter?
New Zealand Oil & Gas Limited released its earnings results on Feb 25, 2026. The company reported AU$0.026 earnings per share for the quarter, beating the consensus estimate of N/A by AU$0.026.
Is New Zealand Oil & Gas Limited overvalued?
According to Wall Street analysts New Zealand Oil & Gas Limited’s price is currently Overvalued.
Does New Zealand Oil & Gas Limited pay dividends?
New Zealand Oil & Gas Limited pays a Semiannually dividend of AU$0.003 which represents an annual dividend yield of 6.72%. See more information on New Zealand Oil & Gas Limited dividends here
What is New Zealand Oil & Gas Limited’s EPS estimate?
New Zealand Oil & Gas Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does New Zealand Oil & Gas Limited have?
New Zealand Oil & Gas Limited has 223,950,840 shares outstanding.
What happened to New Zealand Oil & Gas Limited’s price movement after its last earnings report?
New Zealand Oil & Gas Limited reported an EPS of AU$0.026 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 1.404%.
Which hedge fund is a major shareholder of New Zealand Oil & Gas Limited?
Currently, no hedge funds are holding shares in AU:ECH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
New Zealand Oil & Gas Limited Stock Smart Score
Company Description
New Zealand Oil & Gas Limited
Echelon Resources Limited is an energy firm dedicated to the exploration, development, and production of oil and gas resources across New Zealand, Australia, and Indonesia. The company's operations encompass the output and sale of various hydrocarbons, including natural gas, crude oil, liquefied petroleum gas (LPG), and condensate. Established in 1981, the entity, formerly known as New Zealand Oil & Gas Limited, adopted its current Echelon Resources Limited identity in July 2024. It is headquartered in Wellington, New Zealand, and functions as a subsidiary of O.G. Oil & Gas (Singapore) Pte Ltd.
Technical Analysis
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