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Melbana Energy Limited (AU:MAY)
ASX:MAY
MAY Stock Chart & Stats
AU$0.01
>-AU$0.01(-3.70%)
At close: 4:00 PM EST
AU$0.01
>-AU$0.01(-3.70%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.04
Previous CloseN/A
Volume1.42M
Average Volume (3M)4.49M
Market Cap
AU$30.26M
Enterprise ValueAU$27.03M
Total Cash (Recent Filing)AU$5.12M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.29
Next Earnings
Mar 06, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding3,781,968,800
10 Day Avg. Volume3,210,177
30 Day Avg. Volume4,491,555
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)1.33
Price to Sales (P/S)0.00
P/FCF Ratio-1.94
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strong Balance SheetMinimal debt and a sizeable equity base reduce near-term solvency risk and give the company financial flexibility to fund exploration, sustain operations during dry spells, or negotiate farm-outs from a position that avoids distress-driven disposals. This structural strength supports multi-month funding optionality while projects are de‑risked.
Diversified Exploration PortfolioHolding acreage in both Cuban onshore and Australian jurisdictions provides multiple, geographically diversified exploration and appraisal prospects. That portfolio structure creates several independent pathways to de‑risk assets and advance at least one project toward development, reducing single-asset concentration risk over time.
Clear Monetisation PathwaysA stated strategy to monetise exploration through farm-outs, joint ventures or sell‑downs is a durable mechanism to fund development without sole reliance on internal cashflow. It aligns with industry norms and enables capex acceleration, risk transfer to partners, and staged value realization as prospects are de‑risked toward production.
Bears Say
Zero Recent RevenueA sustained absence of revenue and recurring negative operating results mean the business cannot self‑fund exploration or operations. Over 2–6 months this structural shortfall forces dependence on capital markets or partner funding to progress assets, increasing dilution and execution risk if financing conditions tighten.
Persistent Cash BurnConsistent negative operating and free cash flow, with heavy outflows recently, indicates the company is consuming capital to pursue exploration/development. This structural cash burn increases reliance on external funding, raises financing risk, and can delay project timelines if partners or markets are unavailable.
Small Operating ScaleA tiny headcount and absence of producing assets signal limited in‑house execution capacity and a heavy dependence on partners and service providers. Structurally, this elevates execution and coordination risk, can slow project delivery, and makes long‑term scaling contingent on successful farm‑outs or capital raises.
Melbana Energy Limited News
MAY FAQ
What was Melbana Energy Limited’s price range in the past 12 months?
Melbana Energy Limited lowest share price was <AU$0.01 and its highest was AU$0.04 in the past 12 months.
What is Melbana Energy Limited’s market cap?
Melbana Energy Limited’s market cap is AU$30.26M.
When is Melbana Energy Limited’s upcoming earnings report date?
Melbana Energy Limited’s upcoming earnings report date is Mar 06, 2026 which is in 16 days.
How were Melbana Energy Limited’s earnings last quarter?
Melbana Energy Limited released its earnings results on Sep 25, 2025. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Melbana Energy Limited overvalued?
According to Wall Street analysts Melbana Energy Limited’s price is currently Overvalued.
Does Melbana Energy Limited pay dividends?
Melbana Energy Limited does not currently pay dividends.
What is Melbana Energy Limited’s EPS estimate?
Melbana Energy Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Melbana Energy Limited have?
Melbana Energy Limited has 3,781,968,800 shares outstanding.
What happened to Melbana Energy Limited’s price movement after its last earnings report?
Melbana Energy Limited reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 5.882%.
Which hedge fund is a major shareholder of Melbana Energy Limited?
Currently, no hedge funds are holding shares in AU:MAY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Melbana Energy Limited Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
―
20 days / 200 days
Momentum
130.00%
12-Months-Change
Fundamentals
Return on Equity
-7.26%
Trailing 12-Months
Asset Growth
-18.35%
Trailing 12-Months
Company Description
Melbana Energy Limited
Melbana Energy Limited engages in the oil and gas exploration in Cuba and Australia. The company holds a 100% interest in the Tassie Shoal Methanol and LNG project located in Australia. It also holds a 100% interest in the Santa Cruz oil field located in Cuba; and WA-544-P and NT/P87 permits covering an area of approximately 4,000km2 in the Petrel sub-basin, as well as a 30% interest in Block 9 that covers an area of 2,344km2 located in Cuba. The company was formerly known as MEO Australia Limited and changed its name to Melbana Energy Limited in November 2016. Melbana Energy Limited was incorporated in 1994 and is headquartered in Sydney, Australia.
Technical Analysis
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