New Zealand Oil & Gas Limited [ASX:NZO] share price and news 2022

Company Description

New Zealand Oil & Gas Limited (NZO-NZ) is a value-based exploration and production company based in Wellington New Zealand. The company explores for, evaluates, appraises, develops, produces, and sells oil and gas in New Zealand, Indonesia, and Australia. The company operates through Tui Area Oil Field, Kupe Oil and Gas Field, Oil & Gas Exploration, and Cue Energy Resources Limited segments. It primarily explores for crude oil, natural gas, liquefied petroleum gas, and condensate.

New Zealand Oil & Gas Limited belongs to Energy sector and under industry of Oil & Gas Exploration & Production. You can get more information about this company via their website: http://www.nzog.com.

This a small cap company with market cap of 71 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is greater than both sector and market.

Earnings PE PB PE growth
Company 3 0 0.57 0
Market 0.85 22.3 1.99 0.84
Sector 1.71 22.7 1.75 0.36

Dividend Growth Chart

The following chart shows you how nzo dividend grows in the recent years.