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The latest update is out from QPM Energy ( (AU:QPM) ).
QPM Energy reported steady gas supply and sales for the December 2025 quarter while advancing development of its 112MW Isaac Power Station, issuing a full notice to proceed to GE Vernova for two LM6000 gas turbines and securing a $113.7m master lease with Macquarie Bank to fully fund the turbine purchase. The company progressed a complementary project financing package with the Northern Australia Infrastructure Facility, completed a $30.3m equity placement to institutional and sophisticated investors, and signed a $40m non-binding convertible note facility term sheet with a strategic investor, alongside finalising a grid connection agreement with Powerlink and lodging a key development approval expected by March 2026. Operationally, gas supply remained stable with managed production growth offsetting reduced third-party supply, but electricity generation and sales revenue declined quarter on quarter amid weaker electricity prices driven by mild seasonal conditions, strong coal-fired generation availability and additional grid-scale battery and wind capacity, underscoring the market headwinds even as QPM builds out new firming generation assets.
The most recent analyst rating on (AU:QPM) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on QPM Energy stock, see the AU:QPM Stock Forecast page.
More about QPM Energy
QPM Energy Ltd (ASX:QPM) operates in the energy sector, producing and selling gas and electricity, with gas supplied into the market and power generated through its existing Turbine Power Station (TPS) and the developing 112MW Isaac Power Station (IPS) in Queensland. The company focuses on supplying into the National Electricity Market and is expanding its generation portfolio with gas-fired capacity to complement evolving grid conditions and renewable penetration.
Average Trading Volume: 6,444,694
Technical Sentiment Signal: Sell
Current Market Cap: A$161.7M
For detailed information about QPM stock, go to TipRanks’ Stock Analysis page.