ADX Energy (AU:ADX)
ASX:ADX
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ADX Energy
(Sydney:ADX)
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Rating:50Neutral
Price Target:
AU$0.03
â–²(6.67% Upside)
Action:UpgradedDate:01/28/26
The score is held back primarily by weak financial performance (persistent losses and negative operating/free cash flow) and a negative P/E driven by unprofitability. Technicals provide partial support with strong trend/momentum signals, though overbought RSI adds near-term risk.
Positive Factors
Production-based revenue model
A core upstream production business provides durable revenue mechanics: extracting and selling hydrocarbons yields recurring cash inflows tied to physical output and commodity markets. Long-term contracts and JV structures noted by the company can stabilize revenue and align capex with partners, supporting project execution over the next 2–6 months and beyond.
Negative Factors
Persistent unprofitability
Consistent negative margins signal structural profitability issues: costs and fixed charges exceed revenues, impairing retained earnings and limiting reinvestment capacity. Over months this undermines internal funding for development, raises dependence on external capital, and increases execution and survival risk if margins don't recover.
Read all positive and negative factors
Positive Factors
Negative Factors
Production-based revenue model
A core upstream production business provides durable revenue mechanics: extracting and selling hydrocarbons yields recurring cash inflows tied to physical output and commodity markets. Long-term contracts and JV structures noted by the company can stabilize revenue and align capex with partners, supporting project execution over the next 2–6 months and beyond.
Read all positive factors
ADX Energy (ADX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$23.25M
Dividend YieldN/A
Average Volume (3M)1.58M
Price to Earnings (P/E)―
Beta (1Y)1.40
Revenue Growth4.41%
EPS Growth-49.06%
CountryAU
Employees4
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding894,356,400
10 Day Avg. Volume1,157,866
30 Day Avg. Volume1,579,211
Financial Highlights & Ratios
PEG Ratio-0.06
Price to Book (P/B)1.07
Price to Sales (P/S)1.58
P/FCF Ratio-0.54
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)-0.01
Revenue Forecast (FY)N/A
ADX Energy Business Overview & Revenue Model
Company Description
ADX Energy Ltd engages in the production, appraisal, and exploration of oil and gas properties. Its project portfolio comprises the Gaiselberg and Zistersdorf fields in the Vienna basin, Austria; the Nilde Oil Field offshore redevelopment project ...
How the Company Makes Money
ADX Energy generates revenue primarily through the production and sale of oil and gas. The company monetizes its assets by extracting hydrocarbons from its operational fields and selling them on the open market. Key revenue streams include the sal...
ADX Energy Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.51M | 10.14M | 12.88M | 14.45M | 9.66M | 5.38M |
| Gross Profit | -3.01M | -4.66M | -3.60M | 2.39M | 3.75M | -1.21M |
| EBITDA | -3.96M | -2.85M | -695.46K | 598.99K | -1.82M | -2.25M |
| Net Income | -9.07M | -7.87M | -4.06M | -2.30M | -4.17M | -4.28M |
Balance Sheet | ||||||
| Total Assets | 48.76M | 51.27M | 42.64M | 32.66M | 36.14M | 30.80M |
| Cash, Cash Equivalents and Short-Term Investments | 4.78M | 9.08M | 8.01M | 3.57M | 5.94M | 2.14M |
| Total Debt | 2.37M | 3.04M | 3.23M | 1.47M | 4.79M | 5.33M |
| Total Liabilities | 28.98M | 28.54M | 26.89M | 20.26M | 24.45M | 22.10M |
| Stockholders Equity | 11.18M | 14.94M | 7.63M | 4.02M | 3.21M | -144.37K |
Cash Flow | ||||||
| Free Cash Flow | -18.49M | -29.49M | -8.01M | -2.27M | -3.08M | -5.43M |
| Operating Cash Flow | -2.40M | -1.77M | -2.92M | 3.64M | -2.25M | -1.45M |
| Investing Cash Flow | -4.79M | -10.31M | 456.61K | -4.83M | 174.01K | -3.78M |
| Financing Cash Flow | -952.68K | 13.04M | 6.77M | -1.19M | 5.97M | 2.30M |
ADX Energy Technical Analysis
Negative
0.03
Price Trends
0.03
Negative
0.03
Negative
0.03
Negative
Market Momentum
>-0.01
Positive
36.24
Neutral
5.13
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ADX, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.24 is Neutral, neither overbought nor oversold. The STOCH value of 5.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ADX.
ADX Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
56 Neutral | AU$23.86M | -8.19 | -3.32% | ― | 7.09% | -275.00% | |
52 Neutral | AU$26.32M | -0.51 | -75.72% | ― | -13.55% | -8.96% | |
52 Neutral | AU$23.98M | 3.49 | 30.01% | ― | -22.76% | ― | |
50 Neutral | AU$23.25M | -0.99 | -69.46% | ― | 4.41% | -49.06% | |
49 Neutral | AU$28.36M | -4.02 | -6.67% | ― | ― | -220.00% | |
48 Neutral | AU$24.06M | -1.40 | -76.69% | ― | ― | ― |
* Energy Sector Average
AU:ADX
ADX Energy
0.03
<0.01
8.70%
AU:ATS
Australis Oil & Gas
0.02
<0.01
90.00%
AU:BRU
Buru Energy
0.02
-0.01
-33.33%
AU:MAY
Melbana Energy Limited
0.01
-0.02
-67.74%
AU:OEL
Otto Energy Limited
0.01
<0.01
18.18%
AU:BAS
Bass Oil Ltd
0.07
0.02
30.00%
ADX Energy Corporate Events
ADX Energy Director Ian Tchacos Increases Indirect Shareholding and Options
Jan 16, 2026
ADX Energy has disclosed a change in director Ian Tchacos’s interests in the company’s securities, filed in accordance with ASX listing rules. Through his indirect holding vehicle Eonia Pty Ltd, where he is a director and shareholder, ...
ADX Energy Director Increases Indirect Stake via Share Placement
Jan 16, 2026
ADX Energy has disclosed a change in director Edouard Etienvre’s interests, with his indirect holding increasing through NGX Commodities Ltd following participation in a shareholder-approved share placement on 16 January 2026. Etienvre acqui...
ADX Energy Issues New Shares Under Corporations Act Exemption
Jan 16, 2026
ADX Energy has issued 4,615,384 ordinary fully paid shares without a disclosure document under the small-scale or exempt provisions of Section 708 of the Corporations Act. The company confirms it remains compliant with its financial reporting and ...
ADX Energy Seeks ASX Quotation for 4.6 Million New Shares
Jan 15, 2026
ADX Energy Ltd has applied to the Australian Securities Exchange for quotation of 4,615,384 new fully paid ordinary shares, expanding its listed equity base. The issuance, which follows a previously announced transaction, modestly increases the co...
ADX Energy Issues 84.6 Million Unlisted Options Expiring in 2028
Jan 15, 2026
ADX Energy Ltd has notified the market of the issue of 84.6 million unlisted options with an exercise price of 3.9 cents and an expiry date of 17 January 2028. The options, which are unquoted and not intended to be quoted on the ASX, were issued a...
ADX Energy Shareholders Pass All Resolutions at General Meeting
Jan 15, 2026
ADX Energy Ltd has announced that all resolutions put to shareholders at its General Meeting held on 15 January 2026 were passed on a poll. The company reported that poll results and a table of valid proxies for each resolution were recorded in ac...
ADX Energy Highlights Independently Audited European Reserves in Investor Update
Jan 14, 2026
ADX Energy has released an investor presentation outlining its investment proposition and operating strategy as a Europe-focused oil and gas producer and explorer, highlighting independently audited developed reserves in its Zistersdorf and Gaisel...
ADX Energy Sets February Date for Welchau-1 Testing and Advances Austrian Shallow Gas Drilling Plans
Dec 23, 2025
ADX Energy has outlined its 2026 work program in Upper Austria, confirming that flow testing at the Welchau-1 well will resume in early February 2026 using a contracted workover unit, initially targeting the shallow Reifling carbonate reservoir wi...
ADX Energy Announces Proposed Securities Issue to Bolster Financial Position
Dec 16, 2025
ADX Energy Ltd has announced a proposed issue of securities, including 2,000,000 unlisted options with an exercise price of 3.9 cents expiring on January 17, 2028, and 1,792,000 ordinary fully paid shares. This move is part of a strategic effort t...
ADX Energy Ltd Announces General Meeting to Discuss Key Resolutions
Dec 16, 2025
ADX Energy Ltd has announced a General Meeting scheduled for January 15, 2026, in Nedlands, Western Australia. The meeting will address several key resolutions, including terms of placement, employee incentive securities, and directors’ sala...
ADX Energy Completes Independent Audit of Austrian Reserves
Dec 2, 2025
ADX Energy has announced the completion of an independent audit of its developed reserves in Austria, conducted by RISC Advisory Pty Ltd. The audit evaluated the company’s fields, including production forecasts and project economics, classif...
ADX Energy Announces 31% Increase in Sicily Channel Gas Resources
Dec 1, 2025
ADX Energy Ltd has announced a 31% increase in its prospective gas resource estimates for the C.R 150.AU Permit in the Sicily Channel, offshore Italy. This revision, based on new data and additional prospects, suggests a significant enhancement in...
Mitsubishi UFJ Financial Group Ceases Substantial Holding in ADX Energy
Nov 25, 2025
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in ADX Energy Ltd, a company involved in the energy sector. This change is due to the sale of securities by an entity controlled by Morgan Stanley, which affected the votin...
Morgan Stanley Ceases Substantial Holding in ADX Energy
Nov 24, 2025
Morgan Stanley and its subsidiaries have ceased to be substantial holders in ADX Energy Ltd, a company involved in the energy sector. The change in their holding status was due to a series of transactions involving the selling and buying of ordina...
ADX Energy Issues New Shares in Strategic Move
Nov 19, 2025
ADX Energy Ltd has issued 134,615,385 ordinary fully paid shares without a disclosure document under Section 708 of the Corporations Act 2001. The company confirms compliance with relevant provisions of the Corporations Act and states there is no ...
ADX Energy Announces Quotation of New Securities
Nov 19, 2025
ADX Energy Ltd has announced the quotation of 134,615,385 ordinary fully paid securities on the Australian Securities Exchange as of November 19, 2025. This move is part of previously announced transactions and is expected to impact the company...
ADX Energy Announces Proposed Securities Issue to Boost Capital
Nov 13, 2025
ADX Energy Ltd has announced a proposed issue of securities, including unlisted options and fully paid ordinary shares, set to be issued on November 18, 2025. This move is part of the company’s strategic efforts to raise capital, potentially...
ADX Energy Secures A$3.5 Million for Expansion and Dual Listing
Nov 13, 2025
ADX Energy Ltd has successfully raised A$3.5 million through a placement to sophisticated investors, which will fund several key activities including the recommencement of testing at the Welchau-1 well in Upper Austria, drilling of shallow gas wel...
ADX Energy Unveils 2026 Work Programs and Reserve Audit Results
Nov 10, 2025
ADX Energy has announced an investor update detailing its 2026 work programs, highlighting an independent audit of its developed reserves in Austria. The audit, conducted by RISC Advisory, confirms the classification of production from existing we...
ADX Energy Reports Quarterly Cash Flow with Continued Investment in Energy Assets
Oct 31, 2025
ADX Energy Ltd reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $564,000 and a year-to-date outflow of $1.928 million. The report indicates ongoing investments in property, plant, and equipment, with a...
ADX Energy Advances Strategic Projects Amid Production Challenges
Oct 31, 2025
ADX Energy Ltd reported a decrease in net production rates due to well downtime but saw a significant increase in sales revenue for the quarter ended September 2025. The company is advancing several projects, including the drilling of shallow gas ...
ADX Energy Director Increases Stake Through Equity Compensation
Oct 31, 2025
ADX Energy Ltd announced a change in the director’s interest, with Paul Fink acquiring additional shares and options as part of his director and consulting fees. This move, approved by shareholders, reflects the company’s strategy to c...
ADX Energy Director Increases Stake through Share Plan
Oct 30, 2025
ADX Energy Ltd has announced a change in the director’s interest, with Edouard Etienvre acquiring additional shares in the company. This acquisition, made through the company’s Directors’ Share Plan, reflects a strategic move to ...
ADX Energy Announces Director’s Interest Change
Oct 30, 2025
ADX Energy Ltd has announced a change in the director’s interest, with Ian Tchacos acquiring 41,667 fully paid ordinary shares and 700,000 unlisted options. This acquisition reflects a strategic move by the director, potentially impacting th...
ADX Energy Issues Shares in Compliance with Corporations Act
Oct 30, 2025
ADX Energy Ltd has issued 2,641,247 ordinary fully paid shares without a disclosure document, in compliance with the Corporations Act 2001. The company confirms adherence to relevant legal provisions and states there is no undisclosed information ...
ADX Energy Issues Shares for Consulting Fees
Oct 30, 2025
ADX Energy Ltd has announced the issuance of 2,324,580 ordinary fully paid shares as a part of consulting fees for the quarter ending September 30, 2025, totaling $69,737. This strategic move, approved by the Board, reflects the company’s on...
ADX Energy Issues Unlisted Options to Strengthen Equity Position
Oct 30, 2025
ADX Energy Ltd has announced the issuance of 1,095,312 unlisted options with no exercise price, set to expire on October 31, 2029. This move is part of a previously announced transaction and reflects the company’s strategic efforts to manage...
ADX Energy Ltd Announces Quotation of New Securities
Oct 30, 2025
ADX Energy Ltd has announced the application for quotation of 316,667 ordinary fully paid securities on the ASX, with the issue date set for October 30, 2025. This move is part of previously announced transactions, potentially impacting the compan...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.