Empire Energy Group Limited (AU:BTL)
ASX:BTL
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Empire Energy Group Limited
(Sydney:BTL)
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Rating:49Neutral
Price Target:
AU$0.24
▼(-8.08% Downside)
Action:N/ADate:01/04/26
The score is held back primarily by very weak financial performance (revenue collapse, ongoing losses, and persistent negative free cash flow). Technicals are moderately supportive with a constructive trend and neutral momentum, but valuation support is limited due to ongoing losses and no dividend information.
Positive Factors
Low and improving leverage
A sharply reduced debt-to-equity ratio and low leverage give the company durable financial flexibility to fund exploration cycles, reduce insolvency risk, and access capital on better terms. This structural balance sheet strength supports multi-stage E&P projects over months to years.
Negative Factors
Revenue collapsed to zero in 2024
A full-year revenue collapse is a fundamental blow to scalability and long-run viability: it eliminates internal funding for operations, raises reliance on external capital, and signals commercial setbacks in asset monetization that can persist without new discoveries or sales.
Read all positive and negative factors
Positive Factors
Negative Factors
Low and improving leverage
A sharply reduced debt-to-equity ratio and low leverage give the company durable financial flexibility to fund exploration cycles, reduce insolvency risk, and access capital on better terms. This structural balance sheet strength supports multi-stage E&P projects over months to years.
Read all positive factors
Empire Energy Group Limited (BTL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$317.80M
Dividend YieldN/A
Average Volume (3M)1.88M
Price to Earnings (P/E)―
Beta (1Y)0.67
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees39
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,246,279,400
10 Day Avg. Volume3,207,191
30 Day Avg. Volume1,879,413
Financial Highlights & Ratios
PEG Ratio0.49
Price to Book (P/B)1.54
Price to Sales (P/S)205.89
P/FCF Ratio-5.50
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 Upside71.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)AU$25.46M
Empire Energy Group Limited Business Overview & Revenue Model
Company Description
Beetaloo Energy Australia Limited, together its subsidiaries, engages in the production and sale of oil and natural gas in Australia. The company holds a 100% working interest in approximately 28 million acres of exploration tenements in the McArt...
How the Company Makes Money
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Empire Energy Group Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 1.02M | 6.09M | 13.72M | 8.50M | 6.46M |
| Gross Profit | -140.03K | -280.61K | 193.04K | 7.76M | 3.50M | 1.20M |
| EBITDA | -19.88M | -18.82M | -16.71M | -2.40M | -7.15M | -4.03M |
| Net Income | -21.13M | -21.32M | -22.08M | -6.00M | -11.05M | -7.68M |
Balance Sheet | ||||||
| Total Assets | 190.51M | 167.00M | 171.50M | 197.65M | 158.82M | 66.56M |
| Cash, Cash Equivalents and Short-Term Investments | 39.25M | 25.44M | 13.63M | 21.88M | 25.65M | 14.15M |
| Total Debt | 15.70M | 2.28M | 9.75M | 8.83M | 8.86M | 9.11M |
| Total Liabilities | 29.27M | 30.56M | 59.20M | 64.04M | 49.50M | 36.33M |
| Stockholders Equity | 161.25M | 136.44M | 112.30M | 133.61M | 109.32M | 30.24M |
Cash Flow | ||||||
| Free Cash Flow | -32.56M | -38.27M | -9.63M | -32.49M | -25.36M | -15.77M |
| Operating Cash Flow | -7.76M | -11.26M | -2.47M | 5.10M | -2.46M | -2.92M |
| Investing Cash Flow | -50.95M | -6.76M | -6.76M | -37.59M | -24.44M | -12.84M |
| Financing Cash Flow | 46.60M | 29.81M | 673.73K | 28.38M | 38.54M | 15.79M |
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$439.45M | 23.18 | 17.50% | 14.63% | -4.57% | -52.65% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
58 Neutral | AU$278.53M | -12.82 | -8.03% | ― | ― | -24.49% | |
52 Neutral | AU$286.99M | -3.38 | -69.19% | ― | ― | ― | |
49 Neutral | AU$317.80M | -6.11 | -14.19% | ― | ― | ― | |
49 Neutral | AU$166.39M | -21.28 | -0.67% | ― | ― | ― | |
48 Neutral | AU$359.94M | -7.29 | -46.22% | ― | 59.48% | -1714.71% |
* Energy Sector Average
AU:BTL
Empire Energy Group Limited
0.26
0.07
34.21%
AU:CVN
Carnarvon Energy Limited
0.09
-0.02
-19.13%
AU:HZN
Horizon Oil Limited
0.27
0.09
45.95%
AU:STX
Strike Energy Limited
0.10
-0.08
-45.95%
AU:FDR
Finder Energy Holdings Limited
0.58
0.52
964.81%
AU:OMA
Omega Oil & Gas Limited
0.60
0.27
83.08%
Empire Energy Group Limited Corporate Events
Beetaloo Energy Seeks ASX Quotation for New Ordinary Shares
Mar 6, 2026
Beetaloo Energy Australia Limited has applied to the ASX for quotation of 9,012 new fully paid ordinary shares under the code BTL, with an issue date of 10 March 2026. The relatively small share issuance, arising from the exercise or conversion of...
Beetaloo Energy Updates Director Alexander Underwood’s Equity Holdings
Mar 2, 2026
Beetaloo Energy Australia has reported changes in Managing Director Alexander Underwood’s holdings, detailing movements between unvested and vested performance rights and service rights. The update reflects the lapse of some unvested perform...
Beetaloo Energy Reports Lapse of 1.4 Million Performance Rights
Mar 2, 2026
Beetaloo Energy Australia Limited has reported a change in its capital structure, notifying the market that a tranche of performance rights has lapsed. The securities, identified as BTLAI performance rights, ceased on 27 February 2026 because the ...
Beetaloo Energy Issues and Converts Unquoted Equity Incentives
Mar 2, 2026
Beetaloo Energy Australia Limited has notified the market of the issue and conversion of unquoted equity securities, comprising 1,131,822 service rights and 1,253,004 vested performance rights dated 17 February 2026. The move reflects the company&...
Beetaloo Energy outlines exploration focus and investment risks in new presentation
Feb 19, 2026
Beetaloo Energy Australia Limited has released an investor presentation outlining its position and plans ahead of the NAPE Summit in Houston in February 2026. The company emphasises that the material is a high-level overview of its lease holdings,...
Beetaloo Energy Posts Heavy Exploration Outflows but Remains Funded Through Capital Raisings
Jan 30, 2026
Beetaloo Energy Australia Limited reported a net operating cash outflow of A$2.95 million for the December 2025 quarter, driven primarily by A$2.2 million in exploration and evaluation spending, along with staff and corporate costs. The company co...
Beetaloo Energy Advances Carpentaria Pilot After Strong Well Results and Key Approvals
Jan 30, 2026
Beetaloo Energy has secured key federal and Northern Territory approvals enabling the sale of appraisal gas from EP187 and providing a clear regulatory pathway to commercial gas sales from its Beetaloo Basin assets. The board has taken a final inv...
Beetaloo Energy Seeks ASX Quotation for Additional Ordinary Shares
Jan 23, 2026
Beetaloo Energy Australia Limited has lodged an application with the ASX for the quotation of 6,250 new ordinary fully paid shares, to be issued on 28 January 2026. The relatively small share issuance arises from the exercise or conversion of exis...
Macquarie Group Ceases to Be Substantial Holder in Beetaloo Energy Australia
Jan 21, 2026
Macquarie Group Limited and its controlled entities have lodged a notice that they have ceased to be substantial holders in Beetaloo Energy Australia Limited, indicating that their voting interest has fallen below the relevant disclosure threshold...
Beetaloo Energy’s Carpentaria-5H Well Delivers Strong Flow Test Ahead of 2026 Pilot Gas Sales
Dec 22, 2025
Beetaloo Energy has reported strong clean-up flow test results from its Carpentaria-5H shale gas well in the Beetaloo Basin, with a peak gas rate of 11.2 TJ/day, a 30-day average of 7.1 TJ/day and a low-decline exit rate of 6.3 TJ/day achieved thr...
Beetaloo Energy Australia Seeks ASX Quotation for 1.22 Million New Shares
Dec 19, 2025
Beetaloo Energy Australia Limited, listed on the ASX under the code BTL, is an Australian company with ordinary fully paid shares quoted on the exchange. Details about its specific industry, products, or services were not provided in the announcem...
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.