New Zealand Energy
Energy company that products oil and natural gas into energy.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | CAD2.7m | Private Placement non VC |
| Total Funding | 000k | ||
| CAD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (10 %) | (8 %) | (59 %) | (39 %) | - | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (10 %) | 18 % | (52 %) | (351 %) | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (15 %) | 38 % | (101 %) | (692 %) | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
New Zealand Energy Corp is an onshore oil and gas company focused on the Taranaki Basin, New Zealand's only producing sedimentary basin. The company holds substantial permitted acreage for new oil and gas production opportunities. With a 50% ownership stake in the Waihapa production station, New Zealand Energy Corp can quickly integrate new production and sell directly to the market. The company primarily serves the energy sector, targeting both domestic and international markets. Its business model revolves around exploration, development, and production of oil and gas resources. Revenue is generated through the sale of produced oil and gas. Recent developments include preparations for drilling the Tariki 5 well, with production expected to commence in late October or early November 2024. The company has faced financial challenges, including a comprehensive loss in the first quarter of 2024, but remains focused on its primary gas development projects.
Keywords: onshore, oil, gas, Taranaki Basin, Waihapa station, exploration, production, energy sector, Tariki 5 well, market integration.