Horizon Oil Limited operates in the Crude petroleum and natural gas sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Horizon Oil Limited with three other
companies in this sector in AUSTRALIA :
Byron Energy Ltd
(2020
sales of 36.36 million Australian Dollars [US$25.84 million]
of which 100%
was Oil and gas exploration),
Senex Energy Limited
(122.08 million Australian Dollars [US$86.76 million]
of which 55%
was Oil - Cooper/Eromanga Basins), and
Cooper Energy Limited
(78.14 million Australian Dollars [US$55.54 million]
of which 81%
was South East Australia).
Sales Analysis.
Horizon Oil Limited reported sales of A$125.36 million (US$89.10 million)
for the
fiscal
year ending
June of 2020.
This
represents
a
sharp
decrease of 26.8%
versus 2019, when the company's sales were A$171.26 million.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Horizon Oil Limited had sales
of A$125.62 million.
Contributing to the drop in overall sales was the 37.5% decline
in China Exploration and Development, from A$112.09 million to A$70.06 million.
There were also decreases in sales in
New Zealand Exploration and Development (down 6.5% to A$55.30 million)
.