Want to see AU:BTL full AI Analyst Report?
Top Page
Empire Energy Group Limited
(Sydney:BTL)
Select Model
Select Model
Rating:42Neutral
Price Target:
AU$0.25
â–Ľ(-21.88% Downside)
Action:Reiterated
Date:07/01/26
The score is primarily constrained by weak financial performance, driven by sustained losses, volatile/declining revenue (including no revenue reported in 2025), and persistent negative free cash flow. Technicals also detract because the stock trades below major moving averages, while valuation provides limited support due to a negative P/E and no dividend yield data.
Positive Factors
Balance sheet resilience
Modest leverage and a meaningful equity cushion provide durable financial flexibility during exploration cycles. This structural strength reduces near-term insolvency risk, supports continued project funding or staged development, and improves access to capital compared with highly levered peers.
Negative Factors
Sustained losses and revenue decline
Persistent operating and net losses with declining and volatile revenue undermine the firm's ability to reach breakeven. Over months this erodes capital, weakens negotiating leverage with counterparties, and makes it harder to self-fund development, increasing reliance on external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet resilience
Modest leverage and a meaningful equity cushion provide durable financial flexibility during exploration cycles. This structural strength reduces near-term insolvency risk, supports continued project funding or staged development, and improves access to capital compared with highly levered peers.
Read all positive factors
Empire Energy Group Limited (BTL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$376.68M
Dividend YieldN/A
Average Volume (3M)1.88M
Price to Earnings (P/E)―
Beta (1Y)0.62
Revenue GrowthN/A
EPS Growth25.55%
CountryAU
Employees39
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.02
Shares Outstanding1,506,709,100
10 Day Avg. Volume3,207,191
30 Day Avg. Volume1,879,413
Financial Highlights & Ratios
PEG Ratio0.66
Price to Book (P/B)2.18
Price to Sales (P/S)0.00
P/FCF Ratio-5.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.45Price Target Upside40.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.01
Revenue Forecast (FY)AU$10.43M
Empire Energy Group Limited Business Overview & Revenue Model
Company Description
Beetaloo Energy Australia Limited, along with its subsidiaries, is an Australian enterprise focused on the extraction and commercialization of oil and natural gas. The company holds a full 100% working interest across roughly 28 million acres of e...
How the Company Makes Money
null...
Empire Energy Group Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
56
Neutral
Cash Flow
22
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 1.02M | 6.09M | 13.72M | 8.50M |
| Gross Profit | 0.00 | -280.61K | 193.04K | 7.76M | 3.50M |
| EBITDA | -16.62M | -18.82M | -16.71M | -2.40M | -7.15M |
| Net Income | -19.39M | -21.32M | -22.08M | -6.00M | -11.05M |
Balance Sheet | |||||
| Total Assets | 192.92M | 167.00M | 171.50M | 197.65M | 158.82M |
| Cash, Cash Equivalents and Short-Term Investments | 18.66M | 25.44M | 13.63M | 21.88M | 25.65M |
| Total Debt | 25.66M | 2.28M | 9.75M | 8.83M | 8.86M |
| Total Liabilities | 40.05M | 30.56M | 59.20M | 64.04M | 49.50M |
| Stockholders Equity | 152.87M | 136.44M | 112.30M | 133.61M | 109.32M |
Cash Flow | |||||
| Free Cash Flow | -66.06M | -38.27M | -9.63M | -32.49M | -25.36M |
| Operating Cash Flow | -17.87M | -11.26M | -2.47M | 5.10M | -2.46M |
| Investing Cash Flow | -48.03M | -6.76M | -6.76M | -37.59M | -24.44M |
| Financing Cash Flow | 58.23M | 29.81M | 673.73K | 28.38M | 38.54M |
Empire Energy Group Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$381.51M | 29.45 | 14.04% | 14.63% | -4.78% | -42.11% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
53 Neutral | AU$187.85M | -37.50 | -0.67% | ― | ― | -149.12% | |
46 Neutral | AU$182.90M | -5.42 | -69.19% | ― | ― | -338.82% | |
46 Neutral | AU$308.22M | -33.73 | -7.28% | ― | ― | -162.50% | |
44 Neutral | AU$349.14M | -1.83 | -46.22% | ― | -0.51% | -756.45% | |
42 Neutral | AU$376.68M | -14.79 | -14.19% | ― | ― | 25.55% |
* Energy Sector Average
AU:BTL
Empire Energy Group Limited
0.25
0.02
6.38%
AU:CVN
Carnarvon Energy Limited
0.11
-0.01
-8.70%
AU:HZN
Horizon Oil Limited
0.22
0.04
22.86%
AU:STX
Strike Energy Limited
0.10
-0.06
-39.38%
AU:FDR
Finder Energy Holdings Limited
0.33
0.26
385.29%
AU:OMA
Omega Oil & Gas Limited
0.57
0.29
100.00%
Empire Energy Group Limited Corporate Events
Beetaloo Energy posts strong Carpentaria well results and keeps 2026 gas sales on track
Jul 1, 2026
Beetaloo Energy reports strong progress across its Beetaloo Basin program, highlighting early flow test results from the Carpentaria-5H well with a peak rate above 14 terajoules per day and a notably low decline in output. Management says the well...
Beetaloo Energy Seeks ASX Quotation for New Share Issue
Jun 19, 2026
Beetaloo Energy Australia Limited has lodged an application with the ASX for quotation of 55,968 new ordinary fully paid shares under code BTL. The securities, to be issued on 23 June 2026, represent a small equity issuance arising from the exerci...
Beetaloo Energy Withdraws Unissued Options Notice, Clarifies Capital Structure
Jun 4, 2026
Beetaloo Energy Australia Limited has withdrawn a previous notice regarding the issue of unquoted options, confirming that the options referenced in the earlier filing were not in fact issued. The cancellation of the prior announcement removes the...
Beetaloo Energy Issues New Unquoted Restricted Rights Under Incentive Plan
Jun 4, 2026
Beetaloo Energy Australia Limited has issued 238,731 unquoted restricted rights under its employee incentive scheme, with the securities not intended to be quoted on the ASX. The move signals ongoing use of equity-based compensation to align staff...
Beetaloo Energy Directors Take Up Shares in Capital Placement
Jun 4, 2026
Beetaloo Energy Australia Limited has issued a total of 1,178,571 fully paid ordinary shares to three directors following their participation in a recent capital placement. The shares, priced at $0.28 each, were allocated to chairman Peter Cleary,...
Beetaloo Energy Issues New Tranche of Unquoted Options
Jun 4, 2026
Beetaloo Energy Australia Limited has notified the market of the issue of 2,085,000 unquoted options, each exercisable at $0.33 and expiring on June 4, 2029. The new options class, to be confirmed under a specific ASX code, modestly increases the ...
Beetaloo Energy Seeks Quotation for New Ordinary Shares on ASX
Jun 4, 2026
Beetaloo Energy Australia Limited has applied for quotation of 238,731 new fully paid ordinary shares on the ASX, with an issue date of 5 June 2026. The additional securities, arising from the exercise or conversion of existing instruments, modest...
Beetaloo Energy Seeks ASX Quotation for 1.58m New Shares
Jun 4, 2026
Beetaloo Energy Australia Limited has applied to the ASX for quotation of 1,584,806 new ordinary fully paid shares under the code BTL, with an issue date of June 4, 2026. The move expands the company’s listed share capital, potentially affec...
Beetaloo Energy seeks ASX quotation for 16.3 million new shares
Jun 3, 2026
Beetaloo Energy Australia Limited has applied for quotation of 16,272,337 ordinary fully paid shares on the Australian Securities Exchange, with the issue dated June 3, 2026. The securities were previously notified to the market in an earlier fili...
Beetaloo Energy Seeks ASX Quotation for Additional Ordinary Shares
May 29, 2026
Beetaloo Energy Australia Limited has applied to the ASX for quotation of 2,725 new ordinary fully paid shares under the issuer code BTL. The securities, which are to be issued on 2 June 2026 following the exercise or conversion of existing option...
Beetaloo Energy AGM Resolutions Pass as Market Value Tops A$300m Threshold
May 29, 2026
Beetaloo Energy Australia Limited reported that all resolutions put to shareholders at its 29 May 2026 annual general meeting were passed by poll, consolidating broad investor support for the company’s governance, capital management and exec...
Beetaloo flags risk-heavy backdrop in AGM investor update
May 28, 2026
Beetaloo Energy Australia Limited has released an annual general meeting presentation outlining high-level information about its operations, asset base, and operating environment, while stressing that the material is general in nature and subject ...
Beetaloo Energy Locks In Carpentaria Pilot FID as NT Government Backs Gas Push
May 28, 2026
Beetaloo Energy has reported a pivotal year, highlighting years of exploration that have led to a Final Investment Decision for its Carpentaria Pilot project, which is expected to deliver first gas to market in late 2026. With nearly 3 million net...
Beetaloo Energy Raises $5m Through Completed Share Purchase Plan
May 26, 2026
Beetaloo Energy Australia has completed a $5m share purchase plan, issuing 17,857,143 new shares at $0.28 each to fund near-term work programs across its large hydrocarbon acreage in the McArthur and Beetaloo basins. The offer, underwritten by Blu...
Beetaloo Energy Seeks ASX Quotation for 24,311 New Shares
May 22, 2026
Beetaloo Energy Australia Limited has applied to the ASX for quotation of 24,311 new ordinary fully paid shares, with an issue date of 26 May 2026. The modest size of the securities issuance, arising from the exercise or conversion of existing ins...
Beetaloo Energy Issues 75 Million Unquoted Options Expiring in 2029
May 22, 2026
Beetaloo Energy Australia has notified the market of the issue of 75 million unquoted options across three new classes, each expiring on 31 December 2029 with exercise prices of $0.24, $0.27 and $0.35, respectively. The options, which are not inte...
Beetaloo Energy Seeks ASX Quotation for Additional Ordinary Shares
May 8, 2026
Beetaloo Energy Australia Limited has applied for quotation on the ASX of 945,563 ordinary fully paid shares, effective 12 May 2026. The new securities result from the exercise of options or conversion of other instruments, modestly increasing the...
Beetaloo Energy Makes Share Purchase Plan Fully Underwritten and Updates Issue Timeline
May 4, 2026
Beetaloo Energy Australia Limited has updated its proposed securities issuance under an existing share purchase plan, notifying the ASX that the offer is now fully underwritten. The company has also amended the timetable for issuing and allotting ...
Beetaloo Energy Secures Full Underwriting for $5m Share Purchase Plan
May 4, 2026
Beetaloo Energy Australia Limited has secured full underwriting for its $5 million Share Purchase Plan from Blue Ocean Equities and Morgans Corporate, ensuring the capital raise will proceed regardless of shareholder uptake. The plan remains subje...
Beetaloo Energy Burns Cash on Exploration as Quarterly Outflows Mount
Apr 30, 2026
Beetaloo Energy Australia Limited reported a significant operating cash outflow of A$3.4 million for the March 2026 quarter, driven mainly by exploration and evaluation spending, staff costs, and corporate expenses. The company offset some costs w...
Beetaloo Energy Secures Funding and Advances Carpentaria Gas Plant and Beetaloo Operations
Apr 30, 2026
Beetaloo Energy has bolstered its financial position with a $66.3 million equity placement to institutional and sophisticated investors and a $15.4 million RD tax incentive refund, alongside upsizing its undrawn Macquarie Bank midstream facility f...
Beetaloo Energy Sets 2026 AGM as Beetaloo Basin Activity Accelerates
Apr 27, 2026
Beetaloo Energy Australia Limited has called its 2026 Annual General Meeting for 9.30am AEST on 29 May 2026 at Automic Offices in Sydney, issuing a formal notice of meeting and proxy form to shareholders. The meeting will give investors an opportu...
Beetaloo Energy Seeks Quotation for Additional ASX Shares
Apr 24, 2026
Beetaloo Energy Australia Limited has applied for the quotation of an additional 70,504 ordinary fully paid shares on the Australian Securities Exchange. The new securities, to be issued on 28 April 2026, modestly increase the company’s list...
Beetaloo Energy Issues $0.28 Placement Shares Under Cleansing Notice
Apr 20, 2026
Beetaloo Energy Australia Limited has issued 236,835,714 fully paid ordinary shares at $0.28 per share to professional and institutional investors through a placement, following an announcement made on 10 April 2026. The issuance was conducted wit...
Beetaloo Energy Seeks ASX Quotation for 236.8 Million New Shares
Apr 20, 2026
Beetaloo Energy Australia Limited has applied for quotation on the ASX of 236,835,714 new ordinary fully paid shares under the code BTL. The securities are scheduled to be issued and commence quotation on 20 April 2026, expanding the company’...
Beetaloo Energy Seeks ASX Quotation for 320,000 New Shares
Apr 17, 2026
Beetaloo Energy Australia Limited has lodged an application with the ASX for quotation of 320,000 additional ordinary fully paid shares under the code BTL, with an issue date of April 21, 2026. The new securities arise from the exercise or convers...
Beetaloo Energy Director Louis Rozman Lodges Final Interest Notice After Board Exit
Apr 15, 2026
Beetaloo Energy Australia Limited has reported that director Louis Rozman has ceased to be a director as of 14 April 2026, triggering a final disclosure of his interests in the company’s securities. The notice details his direct holdings of ...
Beetaloo Energy launches board renewal as director Louis Rozman retires
Apr 14, 2026
Beetaloo Energy Australia Limited has announced the resignation of non-executive director Louis Rozman, effective immediately, as part of a broader board renewal strategy. Rozman, who joined the board in March 2021 and chaired the remuneration com...
Beetaloo Energy Seeks ASX Quotation for 650,005 New Shares
Apr 10, 2026
Beetaloo Energy Australia Limited has applied for quotation on the ASX of 650,005 new ordinary fully paid shares under the code BTL. The new securities, to be issued on 14 April 2026, reflect the exercise or conversion of existing options or other...
Beetaloo Energy Plans 75 Million Long-Dated Options Issue
Apr 10, 2026
Beetaloo Energy Australia Limited has outlined plans for a new securities issuance, notifying the ASX of its intention to issue a total of 75 million options under a placement or similar structure. The options, which will form new classes of quote...
Beetaloo Energy Plans Equity Raise via Securities Purchase Plan
Apr 10, 2026
Beetaloo Energy Australia Limited has lodged a notice of a proposed issue of ordinary fully paid shares under a securities purchase plan, with a maximum of 17,857,143 new securities to be offered to eligible investors. The offer, based on a record...
Beetaloo Energy Plans June Equity Placement of 1.5 Million Shares
Apr 10, 2026
Beetaloo Energy Australia Limited has notified the ASX of a proposed placement or similar equity issue involving up to 1,535,714 ordinary fully paid shares, with a planned issue date of 1 June 2026. The move reflects the company’s ongoing us...
Beetaloo Energy Plans Major Share Placement to Raise Capital
Apr 10, 2026
Beetaloo Energy Australia Limited has notified the ASX of a proposed placement or similar equity issue comprising up to 236,835,714 ordinary fully paid shares. The new securities are scheduled for issue on 20 April 2026, indicating a significant c...
Beetaloo Energy Launches Risk‑Heavy Capital Raising for Expansion
Apr 10, 2026
Beetaloo Energy Australia Limited has announced a capital raising comprising a non-underwritten placement of new shares to wholesale and sophisticated investors and a non-underwritten share purchase plan for eligible shareholders, both subject to ...
Beetaloo Energy fully funds Beetaloo Basin push with A$66m placement and SPP
Apr 10, 2026
Beetaloo Energy Australia Limited has secured A$66.3 million through a strongly supported placement to institutional and sophisticated investors, alongside director participation of A$0.43 million subject to shareholder approval. The company is al...
Beetaloo Energy Seeks Trading Halt Ahead of Material Capital Raising
Apr 7, 2026
Beetaloo Energy Australia has requested a trading halt for its ordinary shares on the ASX, with the halt to take effect from Wednesday, 8 April 2026, and to last until either normal trading resumes on Friday, 10 April 2026, or the company releases...
Beetaloo Energy Seeks ASX Quotation for Over 1.09 Million New Shares
Apr 2, 2026
Beetaloo Energy Australia Limited has applied to the ASX for quotation of 1,098,359 new ordinary fully paid shares under the code BTL, with an issue date of 8 April 2026. The additional shares arise from the exercise or conversion of existing opti...
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.