New Hope Corporation Share Price and Company Fundamentals
Last traded: Today at 5:10 AM
New Hope Corporation Limited explores, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open-cut coal mines that produce thermal coal, which include the New Acland project located in north Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales. It also holds 849 square kilometers of net oil-producing acreage in nine production projects located in the Cooper-Eromanga Basin. In addition, the company engages in the farming, grazing, and land management activities; operation of bulk handling facility; port operation; and logistics and marketing business. It has operations in Japan, China, Taiwan, Chile, Korea, Vietnam, India, Australia, and internationally. The company was incorporated in 1986 and is headquartered in Brisbane, Australia.
|Primary activities||An Australian controlled diversified energy company with interests and operations spanning coal mining, exploration, port operation, conventional oil, agriculture, innovative technologies and investment.|
|Industry / Sector||Thermal Coal / Energy|
|Mailing address||175 Eagle Street Level 16 Brisbane QLD 4000 Australia|
|Phone / Fax||61 7 3418 0500 / 61 7 3418 0355|
|Share registry||COMPUTERSHARE INVESTOR SERVICES PTY LIMITED|
5Y Avg. yield
New Hope Corporation paid $0.11 dividend and the ex-dividend date was 25 Oct 2021.The dividend payout ratio is 42.11%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NHC dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
NHC's forward dividend amount is $0.14 and the forward dividend yield is 6.80%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Dec 2021, following are the company executives and directors listed on New Hope Corporation.
|Mr. Reinhold Hans Schmidt||Chief Exec. Officer||54||2.23M|
|Mr. Robert J. Bishop||GM of Corp. Devel., CFO & Company Sec.||803.23k|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of New Hope Corporation is 1.66B and its enterprise value is 1.84B. The enterprise value to revenue ratio of NHC is 1.77.
The NHC's stocks Beta value is 0.88 making it 12% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Companies similar to New Hope Corporation (NHC)
- Beach Energy (BPT)
- Cooper Energy (COE)
- Oil Search (OSH)
- Origin Energy (ORG)
- Santos (STO)
- Viva Energy Group (VEA)
- Washington H Soul Pattinson & Company (SOL)
- Whitehaven Coal (WHC)
- Woodside Petroleum (WPL)
- Worley (WOR)
New Hope Corporation (ASX:NHC) Frequently Asked Questions
1. What is New Hope Corporation's Stock Symbol?
New Hope Corporation trades on ASX under the ticker symbol "NHC".
2. What is New Hope Corporation's stock price today?
One share of NHC stock can currently be purchased for approximately $2.05.
3. How can I contact New Hope Corporation?
New Hope Corporation's mailing address is 175 Eagle Street Level 16 Brisbane QLD 4000 Australia. The company can be reached via phone at 61 7 3418 0500.
4. What is New Hope Corporation's official website?
The official website of New Hope Corporation is http://www.newhopegroup.com.au.
5. Which share registry manages New Hope Corporation's stock?
New Hope Corporation's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.