MEO Australia Limited (now Melbana Energy Limited) was an Australian oil and gas exploration and production company. Although MEO Australia no longer exists under that name after rebranding, understanding its history can be helpful if you are researching legacy investments or the Australian energy sector. Because it was a publicly listed company, historical financial data is accessible through resources like Google Finance and other financial information providers.
MEO Australia and Google Finance:
Google Finance, as a historical archive, will likely contain information on MEO Australia’s stock performance, financial statements, and related news. You can typically find the following details (though accuracy and completeness may vary, especially post-rebranding):
- Stock Price History: Charts showing MEO Australia’s share price fluctuations over time. You can usually select different timeframes (daily, weekly, monthly, yearly, or custom ranges) to analyze trends and volatility. Key metrics displayed might include open, high, low, close prices, and trading volume.
- Financial Statements: Summarized or linked access to MEO Australia’s reported financial results, including:
- Income Statement: Revenue, cost of goods sold, gross profit, operating expenses, net income, and earnings per share (EPS).
- Balance Sheet: Assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details about the movement of cash within the company, categorized into operating, investing, and financing activities.
- Key Ratios: Calculated financial ratios that provide insights into MEO Australia’s profitability, liquidity, solvency, and efficiency. Examples include price-to-earnings (P/E) ratio, debt-to-equity ratio, return on equity (ROE), and current ratio.
- News and Analysis: Relevant news articles, press releases, and potentially analyst reports related to MEO Australia. This information can provide context for stock price movements and company performance.
- Company Profile: A brief overview of MEO Australia’s business activities, industry sector, headquarters location, and potentially key executives.
Important Considerations When Using Historical Data:
- Accuracy and Completeness: Google Finance (and other similar platforms) relies on data feeds and may not always be perfectly accurate or complete, especially for older or less actively traded stocks. Always cross-reference information with official company filings (if available) and other reputable sources.
- Corporate Actions: Be mindful of corporate actions like stock splits, dividends, mergers, or acquisitions that can significantly impact stock price charts and financial statements. Google Finance may or may not automatically adjust for these events, so it’s important to investigate them separately.
- Rebranding and Merger: MEO Australia’s rebranding to Melbana Energy Limited is crucial. Data under “MEO Australia” will be historical. You need to search for “Melbana Energy Limited” (MAY.AX on the Australian Securities Exchange) for current information. The historical financial data may also have been adjusted during the merger/acquisition to represent the current entity.
- Limited Scope: Google Finance typically provides summarized information. For in-depth analysis, you might need to consult more specialized financial databases or company reports.
In summary, Google Finance can be a useful starting point for accessing historical data on MEO Australia. However, remember to critically evaluate the information, consider corporate actions, and supplement your research with other reliable sources, especially given the company’s rebranding as Melbana Energy Limited.