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Empire Energy Group Limited ( (AU:BTL) ) has issued an announcement.
Beetaloo Energy Australia Limited reported a net operating cash outflow of A$2.95 million for the December 2025 quarter, driven primarily by A$2.2 million in exploration and evaluation spending, along with staff and corporate costs. The company continued to invest heavily in its exploration portfolio, recording A$6.46 million in exploration and evaluation cash outflows within investing activities in the quarter (A$52.39 million year-to-date), underscoring its aggressive growth and appraisal strategy. These expenditures were partly offset by government-related refunds and credits and A$0.17 million in interest income, but overall operating and investing cash flows remained significantly negative. Liquidity was supported by earlier capital raisings and borrowings, with year-to-date financing inflows of A$56.9 million and a small net financing inflow of A$0.24 million in the quarter, helping the company to maintain a cash balance of A$27.14 million at the beginning of the period despite large exploration outlays. The figures highlight Beetaloo Energy’s capital-intensive exploration phase, with sustained reliance on equity and debt markets to fund operations, a key consideration for investors monitoring future funding needs and project milestones.
The most recent analyst rating on (AU:BTL) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on Empire Energy Group Limited stock, see the AU:BTL Stock Forecast page.
More about Empire Energy Group Limited
Beetaloo Energy Australia Limited is a mining and oil and gas exploration entity focused on exploration and evaluation activities rather than production or development. The company operates in the resources sector, deploying capital into exploration programs and related infrastructure, with its cost base concentrated in exploration, staff, and corporate administration.
Average Trading Volume: 1,525,267
Technical Sentiment Signal: Hold
Current Market Cap: A$311M
For a thorough assessment of BTL stock, go to TipRanks’ Stock Analysis page.