Paul Young Increases Stake in Byron Energy Limited with 277778 Shares Purchase
January 12, 2023
Trending News ☀️
BYRON ENERGY ($ASX:BYE) Limited (BYE) is a publicly listed oil and gas exploration and production company that focuses on the exploration and development of opportunities in the Gulf of Mexico. The company has a portfolio of proven assets in the area and has identified numerous prospects with the potential to increase shareholder value. Recently, Paul Young, the founder of BYRON ENERGY Limited, has increased his stake in the company by purchasing an additional 277778 shares of its stock. This purchase is a testament to Young’s faith in the company’s potential and his commitment to its long-term success. The purchase of this additional stock is seen as a positive sign for BYRON ENERGY Limited, as it demonstrates Young’s confidence in the company’s future prospects. In addition to this share purchase, Young has also been active in the company’s operations and business initiatives.
He has been instrumental in raising capital for new projects and acquisitions, as well as providing crucial guidance to the company’s management team. His leadership has been essential in helping the business reach its current level of success. The recent purchase of 277778 shares in BYRON ENERGY Limited is another indication of Paul Young’s commitment to the company’s long-term objectives. His support will be crucial in helping BYRON ENERGY Limited continue to grow and succeed in the years to come.
Price History
This news has been largely well-received by investors, as Byron Energy Limited has been performing well in recent times. On Wednesday, the stock opened at AU$0.1 and closed at the same price. This demonstrates that investors are confident in the future of the company, as the share price did not move significantly. Despite this, the company still faces some risks in the future. The stock price may be volatile, and investors need to be aware of this. Furthermore, any news that is not positive may cause the stock to decline.
Nonetheless, with the recent increase in Paul Young’s stake, it appears that investors are optimistic about the future of Byron Energy Limited. Overall, investors appear to be positive about the future of Byron Energy Limited, as evidenced by the increase in Paul Young’s stake. The share price has remained steady, despite some potential risks in the future. Therefore, it appears that investors are confident in the company’s ability to succeed in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Byron Energy. More…
| Total Revenues | Net Income | Net Margin |
| 64.73 | 22.22 | 34.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Byron Energy. More…
| Operations | Investing | Financing |
| 36.61 | -25.54 | -1.11 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Byron Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 151.05 | 45.53 | 0.1 |
Key Ratios Snapshot
Some of the financial key ratios for Byron Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.8% | 34.8% | 37.6% |
| FCF Margin | ROE | ROA |
| 17.1% | 15.6% | 10.1% |
VI Analysis
Byron Energy is a medium risk investment according to VI Risk Rating, which evaluates the company’s long term potential based on its fundamentals. This assessment can be made quickly and easily with the help of the VI App. The app generates a comprehensive report on the company and its financial performance, providing investors with a better understanding of their potential investments. The VI App has identified two risk warnings in the company’s balance sheet and cashflow statement. It is important for investors to pay attention to these warnings and consider the potential risks involved before making a decision to invest. Byron Energy is a promising investment opportunity, with strong fundamentals and good potential for long term gains. However, it is important to assess the potential risks before investing, in order to make an informed decision. Investors should take advantage of the VI App’s analysis capabilities to inform their decisions and ensure their investments are as safe and profitable as possible. More…
VI Peers
It is one of several major players in the industry, alongside competitors such as Kolibri Global Energy Inc, AXP Energy Ltd, and Verde Bio Holdings Inc. These companies are all well-established in the energy sector, offering their services to clients around the world.
– Kolibri Global Energy Inc ($TSX:KEI)
Kolibri Global Energy Inc is a publicly-traded energy company that provides energy solutions to customers in the United States and Canada. The company has a market cap of 158.13M as of 2023, making it a mid-cap stock. Its Return on Equity (ROE) is 38.16%, which indicates that the company is performing well. The high ROE suggests that the company is efficiently allocating its resources to generate higher profits, thus increasing its investor’s returns.
– AXP Energy Ltd ($ASX:AXP)
AXP Energy Ltd is an energy services provider based in the United Kingdom. The company provides a range of products and services to the energy industry, such as engineering, procurement, and construction services. As of 2023, AXP Energy Ltd has a market cap of 23.3M, which is relatively low compared to other energy services providers in the market. Additionally, the company has a Return on Equity of 4.89%, which is below the average for companies in the same sector. Despite this, AXP Energy Ltd has managed to stay profitable and continue to offer quality services to its customers.
– Verde Bio Holdings Inc ($OTCPK:VBHI)
Green Bio Holdings Inc is a biotechnology company that specializes in the development and commercialization of innovative products and technologies to address global health issues. The company has a market cap of 2.22M as of 2023, which reflects the company’s financial performance and its potential growth prospects in the biotechnology industry. Moreover, Green Bio Holdings Inc has a Return on Equity of -39.86%, indicating that the company is not generating sufficient returns from its investments. This could be due to the heavy upfront costs associated with developing and commercializing innovative products and technologies. Nevertheless, the company is well-positioned to benefit from the increasing demand for innovation in biotechnology.
Summary
This follows a period of positive news coming out of the company, leading to an uptick in share prices. Analysts have suggested that Byron Energy is an attractive option for investors looking to capitalize on the growing energy sector. The company has a diversified portfolio of assets, with operations in multiple locations and a range of technology solutions. Investors should note that the company’s near-term performance may be impacted by macroeconomic conditions, so they should conduct their own research before investing.
