Comet Ridge (COI.AX) Stock Price
Comet Ridge Price
Revenue has compounded at 40.7% per year over the past 18 years to 2.79 M AUD. Comet Ridge's net margin stands at -88.6%, up from -34,800.0% several years earlier. Analysts set a median price target of 0.23 AUD, implying 210.1% above the current price. Of 8 analysts, 6 rate the stock a buy — an overall Buy consensus.
Comet Ridge stock price
Comet Ridge business model & stock analysis
Frequently asked questions about Comet Ridge
Comet Ridge Ltd is an Australian energy company engaged in the exploration and production of natural gas. The company's business model primarily focuses on the discovery and development of coal seam gas (CSG) resources. Comet Ridge Ltd aims to extract and commercialize natural gas from its CSG assets through a combination of drilling, well construction, and production activities. With a strong emphasis on sustainable energy practices, advanced technology, and strategic partnerships, Comet Ridge Ltd strives to deliver long-term value to its shareholders while contributing to the nation's energy security and reducing carbon emissions.
Comet Ridge Ltd is primarily active in the energy sector, specifically in the exploration and production of coal seam gas (CSG) in Australia. As one of the leading companies in the CSG industry, Comet Ridge Ltd focuses on the development of high-quality CSG projects, aiming to meet the growing demand for cleaner and more sustainable energy sources. With its expertise and extensive experience in this field, Comet Ridge Ltd strives to contribute to a more environmentally friendly and efficient energy landscape.
The main competitors of Comet Ridge Ltd in the market include companies such as Santos Ltd, Origin Energy Limited, and Beach Energy Limited.
Comet Ridge Ltd, an Australian energy company, has a rich history and background. Established in 2005, Comet Ridge focuses on natural gas exploration and production. With a primary focus on the east coast of Australia, the company has made significant achievements in the coal seam gas sector. Comet Ridge has successfully developed various high-quality gas projects, leveraging its advanced technology and expertise. With a strong commitment to sustainability and responsible environmental practices, Comet Ridge aims to contribute to the energy needs of Australia while minimizing its impact on the ecosystem. The company's dedication to innovation and strategic partnerships positions it as a key player in the energy industry.
Comet Ridge Ltd, a renowned stock company, has achieved noteworthy milestones in its journey. The company has successfully executed several key initiatives, contributing to its growth and prominence. Comet Ridge Ltd achieved significant accomplishments, including strategic partnerships with leading industry players, expansion into new markets, notable product innovations, and commendable financial performance. With a diligent focus on excellence and a customer-centric approach, Comet Ridge Ltd continues to exceed expectations and deliver exceptional results. This dedication and commitment have propelled the company to establish a strong reputation within the stock market, making it a compelling choice for investors seeking consistent returns.
Comet Ridge Ltd is primarily present in Australia.
Comet Ridge Ltd is an Australian energy company that focuses on coal seam gas exploration and production. The company values sustainability, innovation, and community engagement. Its corporate philosophy centers around responsible resource development and creating long-term value for shareholders, employees, and stakeholders. Through continuous research and technological advancements, Comet Ridge Ltd aims to deliver clean and reliable energy solutions while minimizing environmental impacts. The company's strong commitment to operational excellence and safety further demonstrate its dedication to upholding the highest standards.
Analysts currently set an average price target of 0.21 AUD for the Comet Ridge stock (median: 0.23 AUD), implying +189.5 % versus the latest price. The consensus is based on 8 analyst ratings.
8 analysts currently rate the Comet Ridge stock: 6 recommend buying, 2 holding and 0 selling.
Converted at the current exchange rate, the Comet Ridge share trades at 0.05 EUR (0.07 AUD).
The Comet Ridge share (COI.AX) is listed on 1 stock exchanges, including: ASX (COI.AX).
Comet Ridge Ltd is an Australian company that focuses on the exploration, development, and production of energy sources. The company primarily operates in Queensland, Australia, where it operates various coal seams. The main business focus of Comet Ridge Ltd is the exploration and development of CBM (Coal Bed Methane), a gas found in the pores of coal deposits. The company has been active in the CBM industry for more than ten years and has made significant progress in recent years. The company owns a considerable amount of land in Queensland where it actively searches for and produces CBM. The company is building an integrated CBM value chain, which includes exploration, development, production, and marketing. Comet Ridge Ltd works with partners to collect the gas and use it in power plants and other applications. Comet Ridge Ltd has three main products: raw gas, condensate, and water. Raw gas is the company's main product, which is generated by drilling deep wells and dried before being fed into pipelines. The condensate, a lighter liquid product, is separated from the raw gas and can be used as fuel. The water treatment product is extracted from the water that remains during the extraction process. Comet Ridge also has a small stake in oil and gas production in the United States. The company owns shares in various oil and gas projects in the US, including Texas and Utah. Although the company's active role in these projects is limited, it participates in the generation of revenue and income. Comet Ridge Ltd is divided into various subsidiaries, each focusing on specific activities. Comet Ridge Energy Pty Ltd is the main company focusing on CBM exploration and production. Comet Ridge Queensland Pty Ltd is a company focusing on land management and infrastructure development. Comet Ridge USA, Inc. is the company's subsidiary operating the oil and gas projects in the US. Comet Ridge Ltd operates in an extremely competitive market. The Australian energy industry is currently undergoing significant change as the demand for renewable energy and efforts to reduce carbon emissions increase. This is accompanied by regulatory and policy changes that present challenges and opportunities for companies like Comet Ridge Ltd. Overall, Comet Ridge Ltd's business model is focused on growing and creating value through CBM exploration and production in Queensland, Australia. It also has a small presence in oil and gas production in the US. Through the integration and optimization of its CBM value chain and collaboration with partners, Comet Ridge Ltd will strengthen and expand its position in the Australian energy industry.
The revenue cannot currently be calculated for Comet Ridge.
The profit of Comet Ridge is -4.37 M AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Comet Ridge is currently -20.27. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Comet Ridge stock.
The P/S cannot be calculated for Comet Ridge currently.
The Eulerpool Quality Score for Comet Ridge is 0/10.
The ISIN of Comet Ridge is AU000000COI3. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Comet Ridge is A0B9WL. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Comet Ridge is COI.AX. The ticker symbol is used to trade Comet Ridge shares on the stock exchange.
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All fundamentals and in-depth analysis of Comet Ridge
Our stock analysis for Comet Ridge stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Comet Ridge. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.