re: gas prices
Marion Energy increases 1.9% on weak volume February 05, 2009 16:00:00 AEST
Marion Energy (MAE.AU), Australia's sixteenth largest Oil & Gas company by market capitalisation, increased 0.50c (or 1.9%) to 27.0c, after a second day of trading unchanged at 27.0c. Compared with the All Ordinaries index which fell 9.7 points (or 0.3%) on the day, this represented a relative price change of 2.2%. The volume was 0.4 times average trading of 881,170 shares.
PRICE VOLUME DYNAMICS
Relativities: Today its percentile rank in the Australian market was 78. In the Australian market of 1,788 stocks, the stock has a 6-month relative strength of 21 indicating it is trailing 79.0% of the market. Volume: There were 312,777 shares worth $83,647 traded. Volume Weighted Price (VWP): The price is at a discount of 23.6% to the 1-month volume weighted average price of 35.32c, which may appeal as a value proposition. Beta is 1.3.
NATURAL GAS, OIL AND PRICE PERFORMANCE RANK IN INDICES AND SECTORS The stock is in 4 indices, 6 sectors and 2 commodities The natural gas price in US$ per mmbtu was 47 [AUD 72] It soared $US016 or 35% on the day Trailing one week, it soared $US023 or 52% Trailing one month, it crashed $US13 or 219% In the Australian market of 1788 stocks, 53 sectors, 20 indices and 14 commodities, the natural gas price in AUD has a 6-month relative strength of 69 and a 1-day relative strength of 25 This indicates it has outperformed 69% of the market (rank 354 out of 1157) in the last 6 months and is trailing 75% of the market (rank 875 out of 1159) in the last 24 hours The oil price in US$ per barrel was 405 [AUD 623] It slumped $US042 or 10% on the day Trailing one week, it slumped $US102 or 25% Trailing one month, it crashed $US643 or 137% In the Australian market of 1788 stocks, 53 sectors, 20 indices and 14 commodities, the oil price in AUD has a 6-month relative strength of 41 and a 1-day relative strength of 41 This indicates it has underperformed 59% of the market (rank 680 out of 1157) in the last 6 months and has underperformed 59% of the market (rank 680 out of 1159) in the last 24 hours(rank by percentage price change of stock for 1 day;6 months in sector/index in brackets): The stock was in keeping with the trend set by the Oil & Gas sector (rank 25;76 out of 126) which was up 9.8 points or 0.2% to 6,244.5 The stock went against the trend set by the following index and sector: All Ordinaries index (rank 93;346 out of 448) which was down 9.7 points or 0.3% to 3,372.6, Total Australian Market (rank 253;868 out of 1788) which was down 5.0 points or 0.1% to 4,101.7
RELATIVE VALUATION INDICATORS [RVI] FUNDAMENTAL ANALYSIS Bullish Signals: - The Price to Book of 0.5 lower than average of 3.3 for the Total Australian Market.
0.88% to 0.64%; interest expenses to revenues up from 110.6% to 266.31%; depreciation to revenues down from 33.46% to 31.0%; EBITD to Revenues up from -781.75% to -189.7%; EBIT to Revenues up from -815.22% to -220.7%; profit before tax to revenues up from -925.82% to -487.01%.
FUNDAMENTALS P/S: The price/sales ratio is 28.4. Price to Cash: The price to cash backing per share is 0.5.
ISSUED CAPITAL Based on 343,836,046 issued shares the market capitalisation is $93 million.
MAE Price at posting:
27.0¢ Sentiment: ST Buy Disclosure: Held
