Prominence Energy Share Price and Company Fundamentals
Last traded: Yesterday at 2:15 AM
Prominence Energy Ltd engages in the exploration, development, and production of oil and gas projects in Australia and the United States. It holds a 100% working interest in Bowsprit oil project comprising 577 net acres located to the southeast of New Orleans. The company was formerly known as Sun Resources NL and changed its name to Prominence Energy NL in December 2019. Prominence Energy Ltd was incorporated in 1986 and is headquartered in West Perth, Australia.
|Primary activities||Oil and gas exploration and production|
|Industry / Sector||Oil & Gas E&P / Energy|
|Mailing address||P.O. Box 1786 West Perth WA 6872 Australia|
|Phone / Fax||61 8 9321 9886 / 61 8 9321 8161|
|Share registry||COMPUTERSHARE INVESTOR SERVICES PTY LIMITED|
Prominence Energy paid $0.00 dividend and the ex-dividend date was 16 July 2002.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.PRM 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.
PRM's forward dividend amount is $ and the forward dividend yield is . 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 Aug 2022, following are the company executives and directors listed on Prominence Energy.
|Mr. Alexander Bevan Parks GAICD, MEng||CEO, MD & Director||46||245.9k|
|Ms. Anna Maria MacKintosh B.Com., CPA||CFO & Company Sec.|
|Mr. Sonu Cheema B.Com., CPA||Joint Company Sec.|
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 Prominence Energy is and its enterprise value is .
The PRM's stocks Beta value is 1.32 making it 32% more 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 Prominence Energy (PRM)
- Beach Energy (BPT)
- Cooper Energy (COE)
- New Hope Corporation (NHC)
- Origin Energy (ORG)
- Santos (STO)
- Viva Energy Group (VEA)
- Washington H Soul Pattinson & Company (SOL)
- Whitehaven Coal (WHC)
- Woodside Petroleum (WPL)
- Worley (WOR)
Prominence Energy (ASX:PRM) Frequently Asked Questions
1. What is Prominence Energy's Stock Symbol?
Prominence Energy trades on ASX under the ticker symbol "PRM".
2. What is Prominence Energy's stock price today?
One share of PRM stock can currently be purchased for approximately $0.002.
3. How can I contact Prominence Energy?
Prominence Energy's mailing address is P.O. Box 1786 West Perth WA 6872 Australia. The company can be reached via phone at 61 8 9321 9886.
4. What is Prominence Energy's official website?
The official website of Prominence Energy is https://www.prominenceenergy.com.au.
5. Which share registry manages Prominence Energy's stock?
Prominence Energy's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.