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New Zealand Energy Corp

Company price
0.4 CAD 0.01 ( 2.56%)
Last update at 2026-11-05T14:30:00Z
VOLUME
5000
Market Cap
22.35M

Momentum Score

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New Zealand Energy Corp., through its subsidiaries, engages in the exploration, production, development, and appraisal of oil and natural gas in New Zealand. It holds interests in three petroleum mining licenses, one petroleum mining permit, and one petroleum exploration permit. The company has interests in TWN Petroleum Mining Licenses comprising Waihapa/Ngaere, and Tariki; Copper Moki petroleum mining permit; and Eltham Petroleum exploration permit. It also operates midstream assets. New Zealand Energy Corp. was founded in 2010 and is based in New Plymouth, New Zealand.

Source: TradingView
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Day Price Range
0.40
Low
0.40
High
52 Week Price Range
0.18
Low
0.45
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

New Zealand Energy Corp is a Canada-listed oil and gas company focused on exploration, development and production in New Zealand's Taranaki Basin, operating onshore and nearshore fields. Long-term growth may be driven by increased output from existing assets, successful exploration and appraisal, and favourable commodity prices together with operational efficiencies and local infrastructure access. Investors may find the company attractive for its producing asset base and exposure to a stable jurisdiction with near-term development opportunities.

Key investment risks include commodity price volatility, concentrated production from a small number of fields, execution and drilling risk, regulatory and environmental constraints in New Zealand, and limited liquidity and financing flexibility for a smaller E&P company.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.39
Dividend Yield
-
Revenue TTM
1.22M
Revenue Per Share
0.06
Gross Profit TTM
-1.38M
Debt / Equity
-
ROE
-120.06%
Net Debt
1.56M
ROCE
-36.24%
Diluted EPS TTM
-0.46

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -8.07M -1.94M 1.79M -0.75M -1.24M
Net income -8.07M -1.94M 1.79M -0.75M -1.24M
Selling general administrative 3.42M 1.31M 1.66M 1.63M 2.42M
Gross profit -1.09M -0.37M 1.67M 0.32M 1.32M
Reconciled depreciation 0.34M 0.38M 0.42M 0.61M 1.01M
Ebit - - 1.45M -0.73M -1.21M
Ebitda - - 2.69M 0.09M -0.03M
Operating income -4.50M -1.39M 0.40M -1.10M -1.06M
Other operating expenses - - 0.09M 0.02M 0.15M
Interest expense 0.52M 0.53M 0.49M 0.24M 0.20M
Interest income 0.07M 0.02M 0.00M 0.00M 0.01M
Net interest income -0.45M -0.51M -0.48M -0.24M -0.19M
Total revenue 1.17M 1.92M 4.69M 5.11M 5.65M
Total operating expenses 5.67M 3.31M 4.29M 6.21M 6.71M
Cost of revenue 2.26M 2.29M 3.02M 4.79M 4.34M
Total other income expense net -3.11M -0.03M 1.87M 0.58M 0.01M
Net income from continuing ops -8.07M -1.94M 1.79M -0.75M -1.24M
Net income applicable to common shares - - - -0.75M -1.24M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 17.49M 15.27M 15.89M 15.00M 13.09M
Total liab 13.35M 11.67M 12.44M 13.38M 10.49M
Total stockholder equity 4.14M 3.60M 3.45M 1.61M 2.60M
Other current liab - - 0.39M 0.48M 0.23M
Common stock - - - 109.74M 109.74M
Capital stock 119.72M 111.96M 109.74M 109.74M 109.74M
Retained earnings -115.58M -108.36M -140.87M -142.66M -141.91M
Other liab - - - 9.13M 9.40M
Other assets - - - 0.25M 0.48M
Cash 1.13M 1.18M 0.53M 0.46M 1.02M
Total current liabilities 5.06M 1.31M 4.17M 4.25M 1.09M
Net debt 1.56M 1.31M 1.76M 1.62M -
Short long term debt 2.69M - 2.29M 2.09M -
Other stockholder equity - - 34.58M 34.53M 34.77M
Property plant equipment - - - 11.90M 10.33M
Total current assets 2.19M 2.33M 2.18M 2.69M 2.29M
Net tangible assets - - - 1.46M 2.60M
Net receivables 0.08M 0.45M 0.92M 1.51M 0.27M
Long term debt - 2.49M - - -
Inventory 0.55M 0.63M 0.66M 0.62M 0.83M
Accounts payable 1.31M 0.96M 1.30M 1.51M 0.58M
Non currrent assets other 0.25M 0.27M 0.24M 0.25M 0.48M
Non current assets total 15.29M 12.94M 13.71M 12.30M 10.80M
Capital lease obligations 0.06M 0.04M - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -5.79M -0.12M -0.66M -2.42M -0.05M
Change to liabilities - - 0.00M 0.64M -0.59M
Total cashflows from investing activities - - - -2.42M -0.05M
Net borrowings - - - 2.00M 2.00M
Total cash from financing activities 7.76M 2.22M 0.00M 2.00M 2.00M
Change to operating activities - - - 0.07M 0.03M
Net income -8.07M -1.94M 1.79M -0.75M -1.24M
Change in cash 0.00M 0.69M 0.06M -0.56M -0.45M
Begin period cash flow 1.18M 0.53M 0.46M 1.02M 1.47M
End period cash flow 1.13M 1.18M 0.53M 0.46M 1.02M
Total cash from operating activities -1.96M -1.40M 0.72M -0.20M -0.49M
Issuance of capital stock 7.97M 2.28M - - -
Depreciation 0.27M 0.38M -0.83M 0.76M 1.21M
Change to inventory 0.10M 0.00M -0.04M 0.44M -0.07M
Change to account receivables - - - -1.24M 0.48M
Change to netincome - - -0.54M -0.11M -0.31M
Capital expenditures 5.79M 0.12M 0.66M 2.42M 0.05M
Change in working capital 1.18M -0.12M 0.29M -0.09M -0.16M
Stock based compensation 0.96M 0.00M - - 0.00M
Other non cash items 0.52M 0.53M 0.49M 0.24M 0.20M
Free cash flow -7.75M -1.52M 0.06M -2.62M -0.54M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
NZ
New Zealand Energy Corp
0.01
2.56%
0.40 - 7.24 18.31 4.01 18.62 7.38
LGN
Logan Energy Corp
-0.02
1.32%
1.49 15.00 14.99 3.80 1.96 3.98 5.87
RECO
Reconnaissance Energy Africa Ltd
-
-%
0.50 - - 10.07 2.29 11.64 -7.57
CEI
Benchmark Metals Inc
-0.02
2.99%
0.65 - 27.03 23.27 2.66 20.42 1369.65
EOG
Eco Atlantic Oil & Gas Ltd
-0.04
5.00%
0.76 - 1.05 145.60 16.68 158.20 -25.23

Profile*

New Zealand Energy Corp

New Zealand Energy Corp., through its subsidiaries, engages in the exploration, production, development, and appraisal of oil and natural gas in New Zealand. It holds interests in three petroleum mining licenses, one petroleum mining permit, and one petroleum exploration permit. The company has interests in TWN Petroleum Mining Licenses comprising Waihapa/Ngaere, and Tariki; Copper Moki petroleum mining permit; and Eltham Petroleum exploration permit. It also operates midstream assets. New Zealand Energy Corp. was founded in 2010 and is based in New Plymouth, New Zealand.

11 Young Street, New Plymouth, New Zealand, 4312

64 800 924 427

Name Title Year Born
Mr. James Max Duddingston Willis Dip Acc, L.L.M., LL.M (Hons) Non-Independent Chairman & CEO NA
Mr. Ketan Chhima B.Com., C.A. Chief Financial Officer NA
Mr. Michael Adams B.Sc, B.Sc., M.Sc., MRSNZ Consultant NA
Mr. Newton Cockerill Financial Controller NA
Mr. Michael Adams B.Sc, B.Sc., M.Sc., MRSNZ CEO & Director NA
Mr. Michael Adams B.Sc, B.Sc., M.Sc., MRSNZ Consultant & Director NA
Mr. Michael Adams B.Sc., M.Sc., MRSNZ CEO & Director NA
Mr. Barry MacNeil Chief Financial Officer NA
Mr. Justin Post Chief Operating Officer NA
Mr. Giuseppe Perone B.A., L.L.B. Corporate Secretary & General Counsel 1979

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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