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Otto Energy Limited ( (AU:OEL) ) has shared an announcement.
Otto Energy reported a solid December 2025 quarter with a cash balance of US$19.3 million, no debt and net operating cash inflow of US$2.4 million, underpinned by stable oil output and slightly lower gas volumes. Revenue slipped modestly as oil prices fell 13%, partly offset by a 30% jump in realized gas prices, while production from its key SM 71 asset stabilized following an earlier well shut-in. The company reiterated its strategy of maximizing cash flow from existing assets and tightly managing costs, and it is actively assessing options to return excess cash to shareholders while maintaining sufficient liquidity for operations and asset retirement obligations; board changes during the period included the appointment of Justin Clyne as interim non-executive chairman and the completion of a share sale facility for small, unmarketable holdings.
The most recent analyst rating on (AU:OEL) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Otto Energy Limited stock, see the AU:OEL Stock Forecast page.
More about Otto Energy Limited
Otto Energy Limited is an Australia- and US-based oil and gas company listed on the ASX, focused on producing assets in the US Gulf of Mexico and onshore Louisiana and Texas. Its portfolio includes interests in the South Marsh 71, Lightning, Green Canyon 21, Mosquito Bay West and Oyster Bayou South fields, from which it generates revenues primarily from oil, gas and NGL production.
Technical Sentiment Signal: Hold
Current Market Cap: A$19.18M
For an in-depth examination of OEL stock, go to TipRanks’ Overview page.