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The Atwood Eagle rig at the Phoenix South well.

Carnarvon shares rocket on major find

Oil and gas exploration company Carnarvon Petroleum has announced a major oil discovery on the North-West Shelf, which it claims represents the largest in Australia for 30 years.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/03/19

1 year TSR5 year TSR
21stCarnarvon Petroleum197%36%
137thKalium Lakes27%
750thProspect Resources-67%13%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/04/19
$50k Bought
13/03/19
$70k Bought
07/03/19
$42k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

65th↑Carnarvon Petroleum$5.0m
68th↑Zeta Petroleum$4.1m
69th↑Kalium Lakes$4.1m
71st↑Pelican Resources$3.9m
72nd↑Prospect Resources$3.8m
485 listed resources companies ranked by revenue.
Source: Morningstar

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