Winchester Energy Limited [ASX:WEL] share price and news 2022

Company Description

Winchester Energy Limited (WEL) is an Australian ASX listed oil and gas explorer and producer with approximately 17,266 net acres in the highly productive Eastern Shelf of the Permian Basin in Texas, USA. The acreage offers a host of targets (stacked pay) with prospective Cline and Barnett Shale unconventional oil opportunities at shallow depth together with appreciable conventional oil and gas production from the Ellenburger Formation and Strawn Formation (Fry Member) at slightly greater depths.

Winchester Energy Limited belongs to Energy sector and under industry of Oil & Gas Exploration & Production. You can get more information about this company via their website:

This a small cap company with market cap of 16 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 less than both sector and market.

Earnings PE PB PE growth
Company 0 0 1.07 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 wel dividend grows in the recent years.

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