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An announcement from Empire Energy Group Limited ( (AU:BTL) ) is now available.
Macquarie Group Limited and its controlled entities have lodged a notice that they have ceased to be substantial holders in Beetaloo Energy Australia Limited, indicating that their voting interest has fallen below the relevant disclosure threshold. The change in status, formalised in a Corporations Act Form 605 signed on 21 January 2026, underscores a withdrawal or significant reduction of Macquarie’s exposure to Beetaloo Energy, which may signal a shift in institutional investor support and could influence market perceptions of the company’s ownership structure and liquidity.
The most recent analyst rating on (AU:BTL) stock is a Hold with a A$0.25 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
Empire Energy Group Limited is an Australian energy company focused on exploration and development of oil and gas resources, with a particular emphasis on emerging unconventional gas plays such as the Beetaloo Basin. The company targets domestic energy markets, aiming to supply gas to support Australia’s industrial and power generation sectors.
Average Trading Volume: 1,506,704
Technical Sentiment Signal: Buy
Current Market Cap: A$329.7M
Learn more about BTL stock on TipRanks’ Stock Analysis page.