Comet Ridge Limited

Comet Ridge Limitedverified

COI.AX

Price:

$0.145

Market Cap:

$173.48M

Comet Ridge Limited, together with its subsidiaries, engages in the oil and gas exploration activities in Australia. The company's flagship asset includes Mahalo gas project covering an area of 989 square kilometers located in the Bowen Basin, Queensland. It holds 100% interests in the ATP 743, ATP 744, and ATP 1015 projects located in the Galilee Basin, Queensland; and Mahalo North, Mahalo East, and Mahalo Far East projects located in the Southern Bowen Basin, Queensland. The company also holds 29.6% interest in the PEL 6 and 59.09% interest in PEL 427 projects covering an area of 900 square kilometers located in the Gunnedah Basin, New South Wales. Comet Ridge Limited was incorporated in 2...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2004-04-19

Stock Exchange

ASX

Ticker

COI.AX

The Enterprise Value as of December 2024 (TTM) for Comet Ridge Limited (COI.AX) is 164.15M

According to Comet Ridge Limited’s latest financial reports and current stock price. The company's current Enterprise Value is 164.15M. This represents a change of -7.56% compared to the average of 177.58M of the last 4 quarters.

Comet Ridge Limited (COI.AX) Historical Enterprise Value (quarterly & annually)

How has COI.AX Enterprise Value performed in the past?

The mean historical Enterprise Value of Comet Ridge Limited over the last ten years is 128.13M. The current 164.15M Enterprise Value has changed 12.71% with respect to the historical average. Over the past ten years (40 quarters), COI.AX's Enterprise Value was at its highest in in the June 2018 quarter at 240.90M. The Enterprise Value was at its lowest in in the March 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

128.13M

Median

129.76M

Minimum

28.70M

Maximum

284.15M

Comet Ridge Limited (COI.AX) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Comet Ridge Limited Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 257.50%

Maximum Annual Enterprise Value = 284.15M

Minimum Annual Increase = -65.78%

Minimum Annual Enterprise Value = 28.70M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2024182.80M16.50%
2023156.91M-0.47%
2022157.64M249.65%
202145.09M-33.24%
202067.53M-65.78%
2019197.32M-30.56%
2018284.15M176.93%
2017102.61M257.50%
201628.70M-50.95%
201558.52M-54.09%

Comet Ridge Limited (COI.AX) Average Enterprise Value

How has COI.AX Enterprise Value performed in the past?

The current Enterprise Value of Comet Ridge Limited (COI.AX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

165.78M

5-year avg

121.99M

10-year avg

128.13M

Comet Ridge Limited (COI.AX) Enterprise Value vs. Peers

How is COI.AX’s Enterprise Value compared to its peers?

Comet Ridge Limited’s Enterprise Value is greater than Central Petroleum Limited (37.98M), less than Cooper Energy Limited (689.40M), greater than Cue Energy Resources Limited (51.73M), greater than Galilee Energy Limited (1.46M), greater than Carnarvon Energy Limited (89.41M),

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