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Otto Energy Limited ( (AU:OEL) ) has issued an update.
Otto Energy Limited reported a cash balance of US$16.9 million with no debt and a net operating cash inflow of US$2.0 million for the quarter ending September 2025. The company saw an 11% increase in oil production due to improved uptime, although gas production slightly decreased. Notably, there were significant corporate changes, with the appointment of Chris Dorros as CEO and board restructuring, which could influence the company’s strategic direction and stakeholder relations.
More about Otto Energy Limited
Otto Energy Limited is an energy company involved in the production of oil and gas. The company operates in various locations, including South Marsh 71, Lightning, Green Canyon 21, Mosquito Bay West, and Oyster Bayou South, with a focus on maximizing cash flow from its production assets.
YTD Price Performance: 18.18%
Technical Sentiment Signal: Hold
Current Market Cap: A$23.98M
Find detailed analytics on OEL stock on TipRanks’ Stock Analysis page.