Norwest Energy NL is involved in the exploration of hydrocarbon resources in Australia. The company owns 20% interest in EP368 permit; 22.22% interest in EP426 permit; and 25% working interest in TP/15 permit located in Australia. Norwest Energy NL was incorporated in 1997 and is headquartered in West Perth, Australia. As of April 29, 2023, Norwest Energy NL operates as a subsidiary of Mineral Resources Limited.
Research context
Norwest Energy NL appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Energy
- Industry
- Oil & Gas
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5 years, 6 months ago
Norwest Energy NL is currently in a long term uptrend where the price is trading 65.3% above its 200 day moving average.
From a valuation standpoint, the stock is 1072.2% more expensive than other stocks from the Energy sector with a price to sales ratio of 9691.6.
Norwest Energy NL's total revenue sank by 51.2% to $1K since the same quarter in the previous year.
Its net income has increased by 94.9% to $-306K since the same quarter in the previous year.
Finally, its free cash flow grew by 79.5% to $-213K since the same quarter in the previous year.
Based on the above factors, Norwest Energy NL gets an overall score of 3/5.