Triple Energy Share Price and Company Fundamentals
Last traded: 10/15/2020
Triple Energy Limited, an oil gas company, explores for natural resources in the People's Republic of China. The company owns an 80% interest in a coalmine gas project in the Heilongjiang province. It also invests in and holds interests in the oil and gas exploration property. The company was formerly known as Tango Petroleum Limited and changed its name to Triple Energy Limited in March 2012. Triple Energy Limited was incorporated in 2010 and is based in Cottesloe, Australia.
|Primary activities||Oil and Gas exploration.|
|Industry / Sector||Oil & Gas E&P / Energy|
|Mailing address||589 Stirling Highway Unit 24 PO Box 889 Cottesloe WA 6011 Australia|
|Phone / Fax||61 8 6153 1861 / 61 8 6314 1557|
|Share registry||AUTOMIC REGISTRY SERVICES|
|31 Jul 2020||Annual Report to shareholders|
Triple Energy does not pay dividends.
As of Jul 2021, following are the company executives and directors listed on Triple Energy.
|Mr. Tun Yiu Kei||Exec. Director|
|Mr. Alexander James Neuling BSc, FCA (ICAEW), ACIS||Company Sec.|
|Mr. Po Siu Chan||Exec. Director||45|
Profitability and management effectiveness
Return on assets
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 Triple Energy is 1.8M and its enterprise value is 1.63M. The enterprise value to revenue ratio of TNP is 38,915.98.
The TNP's stocks Beta value is 0.15 making it 85% 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 Triple Energy (TNP)
- Beach Energy (BPT)
- Cooper Energy (COE)
- New Hope Corporation (NHC)
- 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)
Triple Energy (ASX:TNP) Frequently Asked Questions
1. What is Triple Energy's Stock Symbol?
Triple Energy trades on ASX under the ticker symbol "TNP".
2. What is Triple Energy's stock price today?
One share of TNP stock can currently be purchased for approximately $0.025.
3. How can I contact Triple Energy?
Triple Energy's mailing address is 589 Stirling Highway Unit 24 PO Box 889 Cottesloe WA 6011 Australia. The company can be reached via phone at 61 8 6153 1861.
4. What is Triple Energy's official website?
The official website of Triple Energy is http://www.tripleenergy.net.
5. Which share registry manages Triple Energy's stock?
Triple Energy's stock is managed by AUTOMIC REGISTRY SERVICES.