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The latest announcement is out from Cue Energy Resources Limited ( (AU:CUE) ).
Cue Energy Resources Limited reported steady quarterly production of about 1,680 barrels of oil equivalent per day and ended the December 2025 quarter with a solid cash balance of $11.2 million, though cash receipts fell to $9.9 million due mainly to revised lifting arrangements at Indonesia’s Mahato PSC and infrastructure constraints affecting Australian liquids offtake. Operationally, the company advanced its Australian gas strategy by signing a letter of intent with Northern Territory Power and Water Corporation for long-term gas sales from the Mereenie and Palm Valley fields through 2034 and preparing a four-well development drilling campaign starting mid‑2026, while in Indonesia it continued planning for Phase 3 development at Mahato to expand production from the Telisa reservoir and progressed towards a final investment decision on the Paus Biru gas project, positioning the portfolio for future production growth and contracted revenue visibility.
The most recent analyst rating on (AU:CUE) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
More about Cue Energy Resources Limited
Cue Energy Resources Limited is an oil and gas exploration and production company with a portfolio of onshore and offshore assets in Australia, Indonesia and New Zealand, focused on gas developments such as Mereenie, Palm Valley and Paus Biru as well as oil production from the Mahato PSC and New Zealand fields. The company generates revenue from sales of produced gas and oil and targets long‑term contracted gas supply to domestic power and industrial markets, underpinned by development drilling programs and reservoir expansion projects.
Average Trading Volume: 161,412
Technical Sentiment Signal: Buy
Current Market Cap: A$80.47M
For an in-depth examination of CUE stock, go to TipRanks’ Overview page.