Triangle Energy (Global) Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.01
Dividend & YieldN/A$ (N/A)
Beta 0.55
Market capitalization 16.13M
Operating cash flow -276.81k
ESG Scores unknown

Company description

Triangle Energy (Global) Limited engages in the exploration and production of oil and gas properties in Australia. It holds a 78.75% interest in Cliff Head Oil Field with a production license covering 72 square kilometers and the oil field covering 6 square kilometers, located in Perth Basin, Western Australia. The company also holds a 45% interest in the Xanadu-1 oil field and a 100% interest in the Mt Horner Production licence located in the Perth Basin, as well as an 100% operating interest in the Reids Dome production licence in Queensland. Triangle Energy (Global) Limited is headquartered in West Perth, Australia.

Sector: Energy - Industry: Oil & Gas E&P

Financial Ratios
Quick Ratio1.08
Working Capital-1.79
Return On Equity-0.54
Debt To Equity0.01
Fixed Asset Ratio0.44
Fixed Interest Cover-412.55

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities -273.25k 47.44k -146.65k -295.07k
Total Cashflows From Investing Activities -2.87M -5.4M -4.2M -4.47M
Net Borrowings 2.21M -1.6M -3.04k -557.97k
Total Cash From Financing Activities 3.66M 3.46M 3.43M 8.17M
Change To Operating Activities -1.46M 1.48M -639.03k -219.11k
Issuance Of Stock 1.44M 5.39M 3.6M 8.78M
Net Income -5.93M -1.76M -3.79M -3.93M
Change In Cash 779.61k -469.15k -84.93k -1.81M
Effect Of Exchange Rate 77.5k 117.09k 32.67k -56.47k
Total Cash From Operating Activities -85.78k 1.35M 651.28k -5.46M
Depreciation 1.26M 949.41k 3.97M 4.23M
Change To Account Receivables 545.47k -311.65k 505.87k -728.09k
Other Cashflows From Financing Activities -328.59k -328.59k -170.76k -50k
Change To Netincome 2.87M 296.16k 581.85k -3.31M
Capital Expenditures -2.9M -5.39M -4.2M -3.42M

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -4.06M -1.11M -3.34M -3.53M
Net Income -5.93M -1.76M -3.79M -3.93M
Selling General Administrative 4.22M 2.89M 3.68M 4.72M
Gross Profit 4.05M 4.18M 4.71M 953.12k
Ebit -1.44M 346.2k -2.94M -7.99M
Operating Income -1.44M 346.2k -2.94M -7.99M
Interest Expense -731.13k -444.68k -1.59k -19.37k
Income Tax Expense 1.87M 659.04k 447.84k 405.29k
Total Revenue 13.6M 13.17M 12.26M 6.66M
Cost Of Revenue 9.55M 8.99M 7.54M 5.7M
Total Other Income ExpenseNet -2.63M -1.45M -402.32k 4.46M
Net Income From Continuing Ops -5.93M -1.76M -3.79M -3.93M
Net Income Applicable To Common Shares -5.93M -1.76M -3.79M -3.93M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 27.05M 25.81M 26.09M 19.37M
Total Stockholder Equity -1.59M 2.52M 2.28M 7.29M
Other Current Liabilities 13.84k 92.97k 13.84k 13.84k
Total Assets 25.46M 28.33M 28.37M 26.66M
Common Stock 27.49M 33.36M 36.72M 45.42M
Other Current Assets 244.08k 46.13k 224.06k 312.2k
Retained Earnings -29.65M -31.42M -35.2M -39.13M
Treasury Stock 572.01k 577.29k 770.93k 996.55k
Cash 2.96M 2.49M 2.41M 597.5k
Total Current Liabilities 6.23M 4.68M 3.69M 3.7M
Other Stockholder Equity 572.01k 577.29k 770.93k 996.55k
Property, Plant, and Equipment 10.45M 15.81M 16.9M 13.57M
Total Current Assets 5.54M 4.1M 3.99M 5.89M
Net Tangible Assets -1.59M 2.52M 2.28M 7.29M
Net Receivables 2.05M 1.35M 1.16M 2.81M
Accounts Payable 1.65M 2.04M 2.44M 1.52M


Insider Transactions

Here are the insider transactions of stock shares related to Triangle Energy (Global) Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Collins (Michael)Other at price 0.01 per share.D2022-06-30Director (Non-Executive)3.85M
Hancock (Gregory George)Other at price 0.01 per share.D2022-06-30Non Executive Chairman1.15M
Todd (Conrad Dante)Other at price 0.01 per share.D2022-06-30Managing Director3.85M
Todd (Conrad Dante)Purchase at price 0.01 per share.D2022-06-14Managing Director4.17M
Towner (Robert Edgar Thomas)D2022-02-08Former10.92M
King (Malcolm)Other at price 0.01 per share.D2021-08-09Director (Non-Executive)454.55k
Monckton (Timothy)Other at price 0.01 per share.D2021-08-09Director (Non-Executive)454.55k
Towner (Robert Edgar Thomas)Other at price 0.01 per share.D2021-08-09Director (Executive)4.55M
Towner (Robert Edgar Thomas)Other at price 0.02 per share.D2020-10-13Director (Executive)820.61k
Farrell (Edward)D2020-06-30Former1.73M
Towner (Robert Edgar Thomas)Purchase at price 0.02 per share.D2020-04-09Director (Executive)172k
Towner (Robert Edgar Thomas)Purchase at price 0.02 per share.D2020-04-08Director (Executive)83k
Towner (Robert Edgar Thomas)Purchase at price 0.02 per share.D2020-04-07Director (Executive)105k
Towner (Robert Edgar Thomas)Purchase at price 0.02 per share.D2020-04-07Director (Executive)205k
Towner (Robert Edgar Thomas)Purchase at price 0.02 per share.D2020-04-03Director (Executive)350k
Bromley (Darren Michael)D2019-11-19Former190k
Towner (Robert Edgar Thomas)Purchase at price 0.04 per share.D2019-11-15Director (Executive)200k
Towner (Robert Edgar Thomas)Purchase at price 0.04 per share.D2019-11-14Director (Executive)107.47k
Bromley (Darren Michael)Other at price 0.05 per share.D2018-12-24Chief Financial Officer1.5M
Farrell (Edward)Other at price 0.05 per share.D2018-12-24Chairman of the Board624.41k
Towner (Robert Edgar Thomas)Other at price 0.05 per share.D2018-12-24Director (Executive)1.04M
Farrell (Edward)Purchase at price 0.09 per share.D2017-12-14Chairman of the Board63.84k
Farrell (Edward)D2017-12-11Chairman of the Board400k
Bromley (Darren Michael)D2017-10-23Chief Financial Officer4M
Towner (Robert Edgar Thomas)D2017-10-23Director (Executive)4M
Bromley (Darren Michael)Purchase at price 0.06 per share.D2017-08-24Chief Financial Officer60k
Bromley (Darren Michael)Purchase at price 0.06 per share.D2017-08-18Chief Financial Officer500
Farrell (Edward)D2016-12-09Chairman of the Board53.67M
Towner (Robert Edgar Thomas)D2016-12-09Director (Executive)101.87M
Bromley (Darren Michael)D2016-11-30Chief Financial Officer75M
Bromley (Darren Michael)D2016-11-30Chief Financial Officer161.42M
Farrell (Edward)D2016-11-30Chairman of the Board15M
Bromley (Darren Michael)Acquisition at price 0.00 per share.D2016-07-18Chief Financial Officer19.27M
Farrell (Edward)Acquisition at price 0.00 per share.D2016-07-18Chairman of the Board8.03M
Bromley (Darren Michael)Other at price 0.00 per share.D2015-11-30Chief Financial Officer41.62M
Farrell (Edward)Other at price 0.00 per share.D2015-11-30Chairman of the Board13.87M
Bromley (Darren Michael)Other at price 0.00 per share.D2015-04-14Chief Financial Officer15M
Farrell (Edward)Acquisition at price 0.00 per share.D2015-04-14Director (Non-Executive)10M
Farrell (Edward)Other at price 0.00 per share.D2014-07-30Director (Non-Executive)8M
Bromley (Darren Michael)D2014-07-09Chief Financial Officer15.25M
Hamer (Steven)I2014-07-09Former83.85M
Towner (John Edgar Thomas)D2014-07-09Former340.21M
Nuttall (Duncan)D2014-06-30Chief Executive Officer5M
Hamer (Steven)I2013-12-27Director (Non-Executive)2M
Towner (John Edgar Thomas)Sale at price 0.01 per share.D2013-11-28Director (Executive)5M
Johnson (Lewis)Other at price 0.01 per share.D2013-09-27Director (Non-Executive)1.25M
Towner (John Edgar Thomas)Other at price 0.01 per share.D2013-09-27Director (Executive)6.25M
Towner (John Edgar Thomas)Purchase at price 0.01 per share.D2013-08-02Director (Executive)1M
Nuttall (Duncan)D2013-06-30Chief Executive Officer7.81M
Clark (Raewyn Louise)D2012-06-30Former3.3M
Sierakowski (Adam James)D2011-10-04Former7.58M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Triangle Energy (Global) Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Triangle Energy (Global) Limited

Here is the result of two systematic investment strategies applied to Triangle Energy (Global) Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Triangle Energy (Global) Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Triangle Energy (Global) Limited:

Triangle Energy (Global) Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -47.13% on the backtest period.

Performance at glance

Performance

-47.13 %

Latent gain

-1178.24 $

Invested capital

2500.03 $

Annualized return

-11.38 %
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Momentum strategy results on Triangle Energy (Global) Limited

This is the result of two momentum investment strategies applied to Triangle Energy (Global) Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Triangle Energy (Global) Limited

The following chart shows all the entries opened by the momentum investment system on Triangle Energy (Global) Limited:

Triangle Energy (Global) Limited momentum entries
  • The first momentum investment strategy would give -40.23% of return on Triangle Energy (Global) Limited. That represents -1810.28$ of latent gain with 4500.03$ of employed capital.
  • The second momentum investment strategy would give -43.77% of return on Triangle Energy (Global) Limited. That represents -1641.55$ of latent gain with 3750.0$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-40.23 %

Latent gain

-1810.28 $

Invested capital

4500.03 $

Annualized return

-16.8 %
Performance at glance (2Q Momentum)

Performance

-43.77 %

Latent gain

-1641.55 $

Invested capital

3750.0 $

Annualized return

-11.96 %

Momentum equity curve on Triangle Energy (Global) Limited

The following chart shows the equity curve of the two momentum strategies applied to Triangle Energy (Global) Limited:

Triangle Energy (Global) Limited momentum equity

Note: the dividends potentially given by Triangle Energy (Global) Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Triangle Energy (Global) Limited

The following chart shows the employed capital evolution of the two momentum strategies on Triangle Energy (Global) Limited since the beginning:

Triangle Energy (Global) Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Triangle Energy (Global) Limited

Buy the dip entry openings on Triangle Energy (Global) Limited

Triangle Energy (Global) Limited

The performance achieved by the robo-advisor on Triangle Energy (Global) Limited is -35.95%. That represents -269.64$ of latent gain with 750.02$ of employed capital. The following chart shows Triangle Energy (Global) Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Triangle Energy (Global) Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-35.95 %

Latent gain

-269.64 $

Invested capital

750.02 $

Annualized return

-16.8 %

Equity curve of the strategy applied to Triangle Energy (Global) Limited

The following chart shows the result of the investment strategy applied to Triangle Energy (Global) Limited:

Triangle Energy (Global) Limited

Note: the dividends potentially given by Triangle Energy (Global) Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Triangle Energy (Global) Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Triangle Energy (Global) Limited:

Triangle Energy (Global) Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Triangle Energy (Global) Limited

In this section, I will compare the three previous investment strategies applied to Triangle Energy (Global) Limited.

Equity curve comparison on Triangle Energy (Global) Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Triangle Energy (Global) Limited investment strategy comparison

Employed capital comparison on Triangle Energy (Global) Limited

Triangle Energy (Global) Limited investment comparison

Performance comparison on Triangle Energy (Global) Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -47.13% -1178.24$ 2500.03$ -11.38%
Momentum 1 quarter -40.23% -1810.28$ 4500.03$ -10.32%
Momentum 2 quarters -43.77% -1641.55$ 3750.0$ -11.96%
Non-directional -35.95% -269.64$ 750.02$ -16.8%
Annualized return comparison

Automatic investment

-11.38 %

Momentum 1Q

-11.96 %

Momentum 2Q

-11.96 %

Non-directional

-16.8 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Triangle Energy (Global) Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Triangle Energy (Global) Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Triangle Energy (Global) Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Triangle Energy (Global) Limited
Country Australia
City West Perth
Address 100 Havelock Street
Phone 61 8 9219 7111
Website triangleenergy.com.au
FullTime employees
Industry Oil & Gas E&P
Sector Energy
Exchange XASX
Ticker TEG.XASX
Market www2.asx.com.au

Triangle Energy (Global) Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown