Blue Energy Limited (BLU) AI Stock Analysis

• Market Cap: AU$12.96M
• Dividend Yield: N/A
• Average Volume (3M): 641.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.30
• Revenue Growth: N/A
• EPS Growth: 89.19%
• Country: AU
• Employees: N/A
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 1,850,973,600
• 10 Day Avg. Volume: 1,082,303
• 30 Day Avg. Volume: 641,926
• PEG Ratio: -80.33
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.33K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 40 Underperform
• Price Target: ―

Blue Energy Limited struggles with revenue generation and profitability, leading to a low financial performance score. The balance sheet's strength, due to low debt, provides some stability, but the lack of earnings undermines valuation. Neutral technical factors do not provide clear market momentum. Overall, the stock's performance is constrained by its financial challenges and current market valuation.

Blue Energy Limited Business Overview & Revenue Model

Company Description

Blue Energy Limited, an oil and gas exploration company, engages in the exploration, evaluation, and development of conventional and unconventional oil and gas resources primarily in Queensland and the Northern Territory in Australia. It holds 2P reserves of 71 PJ; 3P reserves of 298 PJ and 3,248 PJ; and 3P + 2C reserves. The company was founded in 2004 and is based in Brisbane, Australia.

How the Company Makes Money

Blue Energy Limited generates revenue primarily through the exploration and development of natural gas resources. The company earns money by selling produced natural gas to various markets, including domestic and international buyers. Additionally, Blue Energy may enter into joint ventures or partnerships with other energy companies to explore and develop its gas tenements, potentially sharing costs and revenues. The company's earnings are influenced by factors such as natural gas prices, production volumes, and the successful development of its exploration projects.

Blue Energy Limited Financial Statement Overview

Summary

Blue Energy Limited faces significant revenue and profitability challenges, with consistent losses impacting the income statement. The balance sheet reflects strong equity and low debt, offering stability, yet the lack of profitability is concerning. Cash flow remains constrained, though improvements in liquidity are evident. The company needs to focus on revenue generation and cost management to enhance its financial health.

Income Statement

Blue Energy Limited has faced significant challenges in generating revenue, with total revenues being zero for most years, except a minor increase in 2023. The company has consistent negative net income, indicating persistent losses. Margins are unfavorable with negative gross profit and EBIT margins, highlighting ongoing operational inefficiencies.

Balance Sheet

The company maintains a strong equity position, with an equity ratio of over 90% consistently, indicating a low reliance on debt. The debt-to-equity ratio is minimal, showing financial stability. However, the return on equity is negative due to persistent losses, which is a concern for profitability.

Cash Flow

Free cash flow has improved from 2023 to 2024 but remains negative, reflecting cash outflows. Operating cash flow is negative, showing insufficient cash generation from core operations. However, the cash position has improved, suggesting efforts to strengthen liquidity.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	116.00K	0.00	0.00	0.00
Gross Profit	-68.00K	68.00K	-52.00K	-49.00K	-56.00K
EBITDA	-13.66M	-1.78M	-1.45M	-985.00K	-5.00M
Net Income	-13.65M	-1.54M	-1.50M	-995.00K	-5.06M
Balance Sheet
Total Assets	75.55M	89.28M	72.18M	63.30M	63.99M
Cash, Cash Equivalents and Short-Term Investments	4.43M	2.40M	6.86M	1.96M	4.31M
Total Debt	143.00K	28.00K	73.00K	111.00K	35.00K
Total Liabilities	1.75M	1.83M	2.39M	1.56M	1.25M
Stockholders Equity	73.80M	87.45M	69.79M	61.74M	62.73M
Cash Flow
Free Cash Flow	-5.28M	-23.57M	-4.60M	-2.34M	-2.09M
Operating Cash Flow	-1.53M	-2.02M	-1.62M	-887.00K	-987.00K
Investing Cash Flow	3.57M	-21.54M	-2.97M	-1.46M	-1.10M
Financing Cash Flow	-11.00K	19.11M	9.50M	-8.00	1.40K

Blue Energy Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	67 Neutral	$15.27B	9.69	6.28%	5.53%	4.09%	-67.42%
HPR	56 Neutral	AU$14.15M	―	-2.89%	―	-29.36%	-186.67%
BAS	47 Neutral	AU$8.94M	56.67	-5.62%	―	-12.53%	-233.33%
VEN	44 Neutral	AU$10.43M	―	-41.54%	―	27.03%	58.18%
BLU	40 Underperform	AU$12.96M	―	-1.86%	―	―	89.19%
GBBLF	―	$10.14M	―	-234.07%	―	―	―
TEE	31 Underperform	AU$10.89M	―	-91.15%	―	―	-70.43%

Blue Energy Limited Corporate Events

Blue Energy Advances Gas Projects with Legal and Technical Milestones

Blue Energy Limited has resolved a legal matter concerning its Sapphire asset, receiving an amended Environmental Authority from the Land Court of Queensland, which allows further development of its gas resources in the Bowen Basin. This development is significant for enhancing the East Coast gas supply and supporting local industries. Additionally, Blue Energy has made progress in its Northern Territory projects, with promising seismic data interpretation suggesting potential for further gas discoveries.

Blue Energy Secures Environmental Approval for Bowen Basin Gas Development

Blue Energy Limited has successfully resolved a legal challenge in the Land Court of Queensland, allowing it to proceed with its gas development activities in the Bowen Basin. The court’s decision to grant an amended Environmental Authority sets a precedent and enables the company to continue bolstering the East Coast gas supply, which is vital for local manufacturing and energy stability.

Blue Energy Limited Releases Interim Financial Report for 2024

Blue Energy Limited has released its interim financial report for the half-year ending December 31, 2024. The report provides insights into the company’s financial performance, including comprehensive income, financial position, changes in equity, and cash flows. This release is crucial for stakeholders as it outlines the company’s financial health and operational progress, potentially impacting its market positioning and investor confidence.