Yahoo Finance Cooper Energy Full Year 2024 Earnings: EPS Beats Expectations
Cooper Energy (ASX:COE) Full Year 2024 Results
Key Financial Results
Revenue: AU$219.0m (up 11% from FY 2023).
Net loss: AU$114.1m (loss widened by 89% from FY 2023).
AU$0.043 loss per share (further deteriorated from AU$0.023 loss in FY 2023).
COE Production
Combined production
Oil equivalent production: 3.781 MMboe (3.637 MMboe in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cooper Energy EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 39%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Oil and Gas industry in Australia.
Performance of the Australian Oil and Gas industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Cooper Energy.
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