ASX Share rice
Sun 16 Aug 2020 - 06:03:am (Sydney)

VEA Share Price

VIVA ENERGY GROUP LIMITEDVEAEnergy

VEA Company Information

Name:

Viva Energy Group Limited

Sector:

Energy

Industry:

Oil & Gas Refining & Marketing

GIC Industry:

Oil, Gas & Consumable Fuels

GIC Sub Industry:

Oil & Gas Refining & Marketing

Address:

720 Bourke Street Docklands Australia 3008

Phone:

61 3 8823 4444

CEO & Exec. Director:

Mr. Scott A. Wyatt

Chief Financial Officer:

Mr. Jevan Bouzo

Chief Operating Officer:

Mr. Thys Heyns

Chief People & Technology Officer:

Ms. Amanda Fleming

Head of Investor Relations:

Cameron Sinclair

Company Overview:

Viva Energy Group Limited operates as an energy company in Australia, Singapore, and Papua New Guinea. The company operates in three segments: Retail, Fuels and Marketing; Refining; and Supply, Corporate and Overheads. The Retail, Fuels and Marketing segment supplies and markets fuel products to a network of approximately 1,300 retail service stations, as well as to other retail operators and wholesalers. It is also involved in supplying fuel, lubricants, and specialty hydrocarbon products to commercial customers in the aviation, marine, transport, resources, and construction and manufacturing industries. This segment sells its products primarily under Shell and Viva Energy brands. The Refining segment owns and operates a refinery in Geelong, Victoria. It offers petroleum products, such as gasoline, diesel, jet fuel, aviation gasoline, gas, solvents, bitumen, and other specialty products. The Supply, Corporate and Overheads segment owns and manages an integrated supply chain of terminals, storage tanks, depots, pipelines, and distribution assets in Australia. Viva Energy Group Limited was incorporated in 2018 and is based in Docklands, Australia.

VEA Share Price Information

Shares Issued:

1.94B

Market Capitalisation:

$3.52B

Dividend per Share:

$0.05

Ex Dividend Date:

2020-03-24

Dividend Yield:

2.76%

Revenue (TTM):

$16.54B

Revenue Per Share (TTM):

$8.51

Earnings per Share:

$0.057

Profit Margin:

0.0069

Operating Margin (TTM):

$0.02

Return On Assets (TTM):

$0.02

Return On Equity (TTM):

$0.04

Quarterly Revenue Growth (YOY):

0.121

Gross Profit(TTM):

$1.35B

Diluted Earnings Per Share (TTM):

$0.057

QuarterlyEarnings Growth(YOY):

-0.9

VEA CashFlow Statement

CashFlow Date:

2019-12-31

Investments:

$-298,400,000

Change To Liabilities:

$184.20M

Total Cashflow From Investing Activities:

$-298,400,000

Net Borrowings:

$43.80M

Net Income:

$113.30M

Total Cash From Operating Activities:

$402.70M

Depreciation:

$339.50M

Other Cashflow From Investing Activities:

$-15,900,000

Dividends Paid:

$-134,200,000

Change To Inventory:

$-172,900,000

Change To Account Receivables:

$-8,100,000

Capital Expenditures:

$161.80M

VEA Income Statement

Income Date:

2019-12-31

Income Before Tax:

$158.20M

Net Income:

$113.30M

Gross Profit:

$1.30B

Operating Income:

$75M

Other Operating Expenses:

$3.80M

Interest Expense:

$28.50M

Income Tax Expense:

$44.90M

Total Revenue:

$16.38B

Total Operating Expenses:

$1.22B

Cost Of Revenue:

$15.08B

VEA Balance Sheet

Balance Sheet Date:

2019-12-31

Intangible Assets:

$336.40M

Total Liabilities:

$5.21B

Total Stockholder Equity:

$2.72B

Other Current Liabilities:

$40.80M

Total Assets:

$7.94B

Common Stock:

$4.86B

Other Current Assets:

$6.70M

Retained Earnings:

$2.12B

Other Liabilities:

$188.90M

Good Will:

$320.60M

Other Assets:

$206.70M

Cash:

$127.20M

Total Current Liabilities:

$2.45B

Short-Term Debt:

$7.70M

Property - Plant & Equipment:

$3.80B

Net Tangible Assets:

$2.07B

Long-Term Investments:

$641.80M

Total Current Assets:

$2.63B

Long-Term Debt:

$256.90M

Net Receivables:

$1.01B

Short-Term Investments:

$5.31B

Inventory:

$1.20B

Accounts Payable:

$744.60M

Non Currrent Assets (Other):

$2.10M

Short-Term Investments:

$5.31

Non Current Liabilities Total:

$2.77B

VEA Share Price History

VEA News

31 Jul, 2020
Viva Energy Group's (ASX:VEA) stock is up by a considerable 22% over the past three months. However, we wonder if the...
26 Mar, 2020
Full Year 2019 Viva Energy Group Ltd Earnings Call
19 Mar, 2020
Readers hoping to buy Viva Energy Group Limited (ASX:VEA) for its dividend will need to make their move shortly, as...
22 Feb, 2020
(Bloomberg Opinion) -- Investors in the retail sector can’t get their fill of gas stations. Seven & i Holdings Co., the Japanese company that controls 7-Eleven, is in exclusive talks to acquire Marathon Petroleum Corp.’s Speedway gas stations for about $22 billion, people familiar with the matter told Scott Deveau, Kiel Porter and Manuel Baigorri of Bloomberg News.That’s not the only deal out there. EG Group, a closely held U.K. forecourts operator that had also shown an interest in Speedway, this week offered A$3.9 billion ($2.6 billion) in cash for the gas stations owned by Caltex Australia Ltd.Alimentation Couche-Tard Inc. is also bidding for Caltex’s entire business, including its refinery and fuel distribution unit as well as the retail gas-station network. Couche-Tard, Seven & i, and Berkshire Hathaway Inc. went on a similar spree for U.S. fuel retailers, truck stops and convenience stores in 2017.The argument for these deals is quite straightforward. Grocery retail for several decades has been shifting away from the stereotype of large nuclear families doing weekly shopping trips in big-box supermarkets, toward individuals, working parents and retirees picking up a few things from a local convenience store several times a week.If you’re looking to expand into convenience stores, gas stations are a target-rich environment — scattered through urban areas and along major highways, and ripe for upgrading beyond their traditional fare of basic fuel for vehicles and their drivers. In the meantime, the constant need to fill up gas tanks provides a reliable stream of cash, although one that’s highly leveraged to the price of oil.Seven & i hopes to echo the revival of its domestic business by offering a wider range of products and fresh food to customers. EG Group, which has grown from a single U.K. gas station in 2001 to encompass around 5,900 sites on three continents, makes a similar argument. It hopes to eventually make about 70% of its profits from non-fuel retail, up from around 50% currently, by bringing recognized retail brands into its forecourts to create mini-malls.There’s just one problem with this bold vision. Fuel retail is on the verge of a major structural revolution — and the result isn’t likely to be a pretty one for gas stations.The most obvious bear scenario would come if automakers’ rush to electrify their product ranges succeeds in bringing about the decline of the internal combustion engine. Around 10 million electric vehicles will be on the road by the end of this year and there’s already nearly a million EV charging stations, according to BloombergNEF.While that still represents a small share of the car market, the situation should change rapidly in the second half of this decade, as the costs of electric vehicles fall definitively below those of conventional ones and government phase-out targets in the 2030s start to loom. On a global basis, the International Energy Agency expects gasoline demand to peak in the late 2020s. The sorts of developed markets where the current gas station M&A frenzy is playing out are unlikely to be the most resilient to that shift.Even if gas stations invest in their own charging infrastructure — a relatively costly activity, and one that would commit them to purchasing from third-party utilities rather than the vertically integrated refining businesses they’re often bundled up with — they risk losing their traditional monopoly on fuel supply to chargers in homes and workplaces. That threatens footfall, a key metric for retailers who depend on high volumes of customer traffic to make the most of their store assets.Things may be somewhat better if the electric-car revolution fails to catch light. Even then, though, fuel-efficiency mandates mean fewer trips to buy gas, leading to a similar effect on footfall. Combined with a shift toward more online delivery, the effect could be dismal: By 2035, more than a quarter of gas stations will be unable to make economic profits in even the least electrified scenario, according to a report last year by Boston Consulting Group. All of this would be fine if convenience stores were going to be so profitable over the next few years that they could afford to make a quick buck and transform themselves before they’re overwhelmed by change.There’s little sign of that, though. EG Group made just 16 million euros ($17.3 million) of net income on an underlying basis in its latest results, despite more than 12 billion euros of revenue (on a statutory basis, there was a 138 million euro net loss). Net income margins at Seven & i’s U.S. unit tend to hover around 3%, and returns on equity are an unspectacular 8% or 9%. Viva Energy Group Ltd., a competitor to Caltex which operates Shell-branded forecourts in Australia, has lost about 25% of its market capitalization since an initial public offering in 2018.The days of the conventional gas station are numbered. Anyone who wants to make money from transforming them had better have their foot firmly pressed on the accelerator.To contact the author of this story: David Fickling at dfickling@bloomberg.netTo contact the editor responsible for this story: Rachel Rosenthal at rrosenthal21@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.David Fickling is a Bloomberg Opinion columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
05 Feb, 2020
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
06 Jan, 2020
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
06 Dec, 2019
In this article we are going to estimate the intrinsic value of Viva Energy Group Limited (ASX:VEA) by taking the...
23 Nov, 2019
Half Year 2019 Viva Energy Group Ltd Earnings Call
04 Nov, 2019
Today we are going to look at Viva Energy Group Limited (ASX:VEA) to see whether it might be an attractive investment...
12 Oct, 2019
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
23 Sep, 2019
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Viva Energy...
09 Sep, 2019
Dividend paying stocks like Viva Energy Group Limited (ASX:VEA) tend to be popular with investors, and for good reason...
16 Aug, 2019
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll show how you can...

VEA Dividend Payments

EX-Date Dividend Amount
2019-03-26$0.0480
2019-09-26$0.0210
2020-03-23$0.0260