Added to YB: 2025-06-19
Pitch date: 2025-06-17
CVN.AX [neutral]
Carnarvon Energy Limited
-22.61%
current return
Author Info
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Company Info
Carnarvon Energy Limited engages in the exploration, development, and production of oil and gas properties in Australia.
Market Cap
AUD 187.9M
Pitch Price
AUD 0.12
Price Target
N/A
Dividend
N/A
EV/EBITDA
-0.28
P/E
18.20
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
value
Carnarvon Energy UPDATE - $CVN
CVN.AX (update): Trading at A$0.11 with A$0.1035/sh cash & A$0.077/sh carried dev costs. 10% stake in Dorado/Pavo fields (200M barrels). Santos takeover by ADNOC could accelerate development. CVN to return A$0.07/sh by YE. 6,000 bpd production at $5-10/bbl costs. Downside protected by cash, upside from exploration (1.6B barrels potential).
Read full article (3 min)