Energy
Horizon Oil Limited (HZN)
Horizon Oil Limited (ASX: HZN) is an Australia-based independent oil and gas company focused on exploration, development, and production across Asia-Pacific, primarily in Papua New Guinea and Australia. Key products include crude oil and natural gas. Operations are centered in the Asia-Pacific region, with a focus on maximizing hydrocarbon resources.
Market Cap
A$366M
Shares on Issue
N/A
Price Chart
AI Analysis
Horizon Oil currently operates with a market capitalization of A$366M, indicating a small-cap status with inherent speculative investment characteristics. Recent performance has been influenced by global oil price fluctuations and the success of its exploration activities in Papua New Guinea. Key metrics include modest production volumes and a strategic focus on cost efficiency.
Looking forward, HZN's growth outlook hinges on successful drilling campaigns, potential Joint Venture partnerships, and navigating the volatile energy market. Strategic direction emphasizes balanced exploration and production to ensure sustainable growth, though challenges in securing financing for projects and geopolitical risks in operation areas pose uncertainties.
Bull Case
- • Successful upcoming drilling operations in Papua New Guinea lead to significant reserve additions, boosting investor confidence.
- • A sustained increase in global oil prices enhances profitability of current production assets.
- • Strategic partnership or acquisition announcement expands operational footprint and production capacity.
Bear Case
- • Unsuccessful drilling outcomes in key exploration projects diminish reserve growth prospects.
- • Prolonged low oil prices impact cash flow, affecting investment in new projects.
- • Regulatory or geopolitical challenges in Papua New Guinea disrupt operations or increase costs.
Recent Announcements
Quarterly Activities Report
🚨 Price SensitiveHZN's quarterly report reveals a significant increase in revenue, expansion of its customer base across Asia-Pacific markets by over 20%, and plans to invest heavily in R&D for sustainable energy solutions. Investors are advised to consider
FID approved for Nam Phong Booster Compressor Project
🚨 Price SensitiveHZN's progress report announces a Field Development Approval (FDA) has been granted by the Vietnamese government, allowing it to proceed with construction on its innovative Nam Phong Booster Compressor project.
FAQs
What does HZN do?
Horizon Oil Limited explores, develops, and produces oil and gas, primarily in Papua New Guinea and Australia.
Is HZN a good investment?
HZN offers speculative growth potential through exploration success and oil price sensitivity, but investors must weigh this against the high risk profile of a small-cap oil and gas company, including drilling risks and market volatility.
What drives HZN's share price?
Key drivers include the success of exploration drilling, global oil and gas price movements, partnership announcements, and quarterly production updates.
Key Metrics
Related Stocks
Energy
WDSWoodside Energy Group Ltd
A$25.90
12.0% 1Y
Woodside is Australia's leading LNG producer with a global portfolio of gas and oil assets.
Energy
88E88 Energy Limited
A$0.02
-44.0% 1Y
88 Energy Limited is an ASX-listed oil and gas exploration company focused on discovering conventional hydrocarbons on the Alaska North Slope, USA. The company holds a significant acreage position across multiple projects, including Project Peregrine, Project Phoenix, and the Umiat Oil Field, actively pursuing exploration and appraisal activities.
Energy
ADDAdavale Resources Limited
A$0.05
-4.0% 1Y
Adavale Resources Limited (ASX: ADD) is an Australia-based exploration company primarily focused on the discovery and development of energy resources, notably uranium and lithium, across various projects in Africa, with a significant presence in Tanzania. The company operates in the early-stage development phase, with its primary product being mineral resources. As a small-cap energy explorer, ADD's operations are heavily reliant on successful exploration outcomes.