An Australian energy company known as Horizon Oil Ltd (ASX: HZN) focuses primarily on oil and gas exploration and production in Southeast Asia, particularly in Papua New Guinea and New Zealand. As of September 2024, the organisation’s stock is exchanging at around 0.185 AUD, mirroring a slight decline over late days.
The Horizon Oil Ltd (HZN) share price forecast has shown modest growth over the past year, despite volatility and a significant decline from its 2008 historical high, the stock price has increased by 13.33%.
Due to various external factors, including oil market volatility and geopolitical risks in the regions where Horizon Oil operates, analysts anticipate the stock price to hover around 0.20 AUD in the short term.
Functional Execution: The organisation’s exhibition will generally rely upon worldwide oil costs, functional effectiveness, and fruitful investigation exercises. Given the ongoing profit yield of 16.67% and a payout proportion that surpasses 100 percent, the maintainability of profits might be a worry in the event that income get worse.
Key Movements: HorizonOil might have to expand its portfolio or put resources into sustainable power tasks to stay cutthroat as the world movements towards cleaner energy. The company’s long-term growth prospects are uncertain, especially in the event of a decrease in global oil demand. How well Horizon Oil adapts to shifting energy market dynamics will determine the shares’ long-term performance. There may be a chance for moderate growth if the business is able to successfully secure new profitable projects or cut costs.
Horizon Oil Ltd (HZN) share price forecast: Company Information
Market Cap: Approximately 316.49 million AUD.
EBITDA: 112.98 million AUD, with an EBITDA margin of 66.41%, indicating strong operational efficiency.
Historical Performance: The stock reached its peak at 0.475 AUD in 2008 and hit a low of 0.035 AUD in 2016.
Horizon Oil Ltd (HZN) share price forecast: History
An energy company with a primary focus on oil and gas exploration, development, and production in Southeast Asia is Horizon Oil Ltd (ASX: HZN). The organization’s center resources are situated in Papua New Guinea and New Zealand, and it has generally been engaged with seaward oil projects. Horizon Oil’s market capitalisation is about 316.49 million AUD in 2024. The dangers should be overseen through a blend of broadening and standard market observing.
| Date | High (AUD) | Low (AUD) |
|---|---|---|
| January 2020 | 0.13 | 0.03 |
| January 2021 | 0.13 | 0.70 |
| January 2022 | 0.16 | 0.90 |
| January 2023 | 0.18 | 0.16 |
| January 2024 | 0.16 | 0.16 |
| August 2024 | 0.19 | 0.19 |
Horizon Oil Ltd (HZN) share price forecast: 2025-2055
Horizon Oil Ltd (HZN) share price forecast can achieve new heights of their hike this can help the companies to establish trust in the share market story.
| Year | open | high |
| Horizon Oil Ltd (HZN) share price forecast 2025 | 0.19 | 0.25 |
| Horizon Oil Ltd (HZN) share price forecast 2026 | 0.22 | 0.26 |
| Horizon Oil Ltd (HZN) share price forecast 2027 | 0.26 | 0.269 |
| Horizon Oil Ltd (HZN) share price forecast 2028 | 0.26 | 0.31 |
| Horizon Oil Ltd (HZN) share price forecast 2029 | 0.28 | 0.33 |
| Horizon Oil Ltd (HZN) share price forecast 2030 | 0.31 | 0.37 |
| Horizon Oil Ltd (HZN) share price forecast 2035 | 0.352 | 0.39 |
| Horizon Oil Ltd (HZN) share price forecast 2040 | 0.42 | 0.47 |
| Horizon Oil Ltd (HZN) share price forecast 2045 | 0.495 | 0.564 |
| Horizon Oil Ltd (HZN) share price forecast 2055 | 0.579 | 0.613 |
Horizon Oil Ltd (HZN) share price forecast: 2024
The price prediction for the Horizon Oil Ltd (HZN) for the year 2024 can vary from 0.09 AUD – 0.19 AUD.
| Date | High (AUD) | Low (AUD) |
| January 2024 | 0.19 | 0.19 |
| February 2024 | 0.19 | 0.08 |
| March 2024 | 0.09 | 0.09 |
| April 2024 | 0.11 | 0.09 |
| May 2024 | 0.16 | 0.08 |
| June 2024 | 0.19 | 0.09 |
| July 2024 | 0.16 | 0.13 |
| August 2024 | 0.19 | 0.19 |
Horizon Oil Ltd (HZN) share price forecast : 2025
Examiners anticipate that HorizonOil’s portion cost should remain moderately steady, with an objective around 0.20 AUD in the close to term. The company’s exploration success and global oil prices are expected to have an impact on the stock.
With a high profit yield of 16.67% and a payout proportion more than 100 percent, the organization might confront difficulties in keeping up with its profit in the event that income get worse. The price prediction for the Horizon Oil Ltd (HZN) for the year 2025 can vary from 0.19 AUD – 0.25 AUD.
| Date | High (AUD) | Low (AUD) |
| FY2025 | 0.25 | 0.19 |
Horizon Oil Ltd (HZN) share price forecast: 2026
The price prediction for the Horizon Oil Ltd (HZN) for the year 2026 can vary from 0.22 AUD – 0.26 AUD.
| Year | Open (AUD) | High (AUD) |
| FY2026 | 0.22 | 0.26 |
Horizon Oil Ltd (HZN) share price forecast: 2030
The price prediction for the Horizon Oil Ltd (HZN) for the year 2030 can vary from 0.31 AUD – 0.37 AUD.
| Year | Open (AUD) | High (AUD) |
| FY2030 | 0.31 | 0.37 |
Horizon Oil Ltd (HZN) share price forecast: 2035
The price prediction for the Horizon Oil Ltd (HZN) for the year 2035 can vary from 0.352 AUD- 0.352 AUD.
| Date | High (AUD) | Low (AUD) |
| FY2035 | 0.359 | 0.352 |
Horizon Oil Ltd (HZN) share price forecast: 2040
The price prediction for the Horizon Oil Ltd (HZN) for the year 2040 can vary from 0.42 AUD- 0.48 AUD
| Year | Open (AUD) | High (AUD) |
| FY2040 | 0.42 | 0.48 |
Horizon Oil Ltd (HZN) share price forecast: 2045
The price prediction for the Horizon Oil Ltd (HZN) for the year 2045 can vary from 0.495 AUD-0.564 AUD.
| Date | High (AUD) | Low (AUD) |
| FY2045 | 0.564 | 0.495 |
Horizon Oil Ltd (HZN) share price forecast: 2050
The price prediction for the Horizon Oil Ltd (HZN) for the year 2050 can vary from 0.476 AUD-0.534 AUD.
| Year | Open (AUD) | High (AUD) |
| FY2050 | 0.476 | 0.534 |
Horizon Oil Ltd (HZN) share price forecast: 2055
Long term investment are profoundly dubious and dependent upon a few elements, including HorizonOil’s capacity to get new tasks, oversee functional dangers, and adjust to changing energy markets.
Without critical vital movements, the offer cost might stay stale or decline as conventional oil request diminishes.
Demand for fossil fuels may be affected by global efforts to cut carbon emissions. In the decades leading up to 2055, Horizon Oil’s market value may decline if it does not shift its focus toward environmentally friendly energy solutions.
| Date | High (AUD) | Low (AUD) |
| FY2055 | 0.613 | 0.579 |
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Horizon Oil Ltd (HZN) share price forecast: Valuation measures
| Market Cap | 316.49M |
| Enterprise Value | 276.99M |
| Trailing P/E | 8.35 |
| Forward P/E | – |
| PEG ratio (5 yr expected) | – |
| Price/Sales | 1.94 |
| Price/Book | 2.57 |
| Enterprise Value/Revenue | 1.64 |
| Enterprise Value/ EBITDA | 4.32 |
Horizon Oil Ltd (HZN) share price forecast: Financial Highlights
Profitability And income statement
| Profit Margin | 23.24% |
| Return on Asssets (ttm) | 12.11% |
| Return on equity (ttm) | 28.94% |
| Revenue (ttm) | 111.47 |
| Net income Avi to common (ttm) | 25.9M |
| Diluted EPS (ttm) | 0.0200 |
Over the long term, Horizon Oil may need to adjust to the global shift toward renewable energy. This could mean diversifying its portfolio or investing in clean energy projects to continue expanding.
Horizon Oil Ltd (HZN) share price forecast : Balance Sheet and cash Flow
| Total cash (mrq) | 52.57M |
| Total Debt/Equity (mrq) | 31.27% |
| Levered Free cash Flow (ttm) | 31.47M |
Horizon Oil Ltd (HZN) share price forecast: Investors advice
Oil prices that fluctuate, changes in regulations, and operational difficulties in its key regions are the primary threats. The high dividend payout ratio of the business should also be taken into consideration by investors, as it may not be able to last without a steady increase in profits.
Short-Term: Possibility of moderate returns, but inherent volatility, if oil prices remain favourable.
Long-Term: There is a lot of uncertainty, and the company’s stock could fall if it doesn’t adapt to new energy trends.
Conclusion
The investment outlook for Horizon Oil Ltd. is mixed, with potential stability in the short term and significant long-term uncertainties brought on by shifts in the market and industry.
Financial backers ought to intently screen the organization’s monetary wellbeing and key drives throughout the next few years HorizonOil Ltd’s portion cost viewpoint from 2025 to 2055 presents a blend of dependability in the present moment with huge vulnerabilities in the long haul.
The company’s long-term growth is hindered by its reliance on oil and gas exploration and production in volatile regions and the global shift toward renewable energy.
Investors ought to exercise caution and pay close attention to the company’s strategic responses to these difficulties. Although projections and data are used in this analysis, long-term forecasts are speculative by nature and should be treated with caution.
Horizon Oil Ltd (HZN) share price forecast: FAQS
What is current share price for Horizon Oil Ltd (HZN)?
$0.26
What are the factors affecting share price of Horizon Oil?
The key factors affecting Horizon Oil’s share price are production levels, commodity prices, operating costs, and regulatory changes.
What kind of stock is Horizon Oil Ltd have?
Horizon Oil Ltd is an oil and gas exploration and production company.
Is there any scope of investment in Horizon Oil Ltd (HZN)?
Horizon Oil Ltd (HZN) is an energy company that explores and produces oil and gas. Potential investors should carefully research the company’s financials, growth prospects, and industry outlook before making any investment decisions.
Disclaimer
This article only contains information for educational and informational purposes. It should not be interpreted as investment or financial advice. There are risks associated with investing in the stock market, and the value of investments can fluctuate. Before making any investment decisions, readers should conduct their own research or speak with a financial advisor. Any losses or damages incurred as a result of using the information provided are beyond the control of the article’s author and publisher. Performance in the past does not guarantee success in the future.
Hello, I’m Bianca Paterson, a seasoned financial professional based in Sydney, Australia. With over 25 years of experience at ASX and an extensive background in share price predictions and market factors, I’ve cultivated a deep understanding of the dynamics that drive the financial markets.
I embarked on my journey with the ASX Graduate Program and have since dedicated my career to navigating the complexities of the share market. My insights are shaped by decades of hands-on experience, making me well-versed in the subtleties of market trends and investment strategies.
Through my blog, I aim to share my knowledge and offer valuable perspectives to fellow investors and market enthusiasts. Whether you’re a seasoned trader or just starting out, I hope my analysis and commentary will help you make informed decisions and better understand the ever-evolving landscape of the Australian stock market.