Bounty Oil & Gas NL (BUY) AI Stock Analysis

• Market Cap: AU$4.68M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 0.48
• Revenue Growth: -32.65%
• EPS Growth: -66.67%
• Country: AU
• Employees: 2
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 1,561,601,000
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: -0.02
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 2.73
• P/FCF Ratio: -2.99
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: $0.01 ▲(233.33% Upside)

The score is primarily weighed down by weak financial performance, driven by multi-year losses, deteriorating FY2025 profitability, and ongoing negative operating/free cash flow. The lack of debt is a meaningful stabilizer, but limited technical and valuation data keeps those components neutral rather than supportive.

Positive Factors

Increased Oil Reserves

The increase in oil reserves suggests improved resource base, potentially enhancing future production capacity and revenue generation.

Debt-Free Balance Sheet

A debt-free balance sheet reduces financial risk and provides flexibility in capital allocation, supporting long-term stability.

Strategic Drilling Operations

Ongoing drilling operations indicate active exploration efforts, which could lead to increased production and market presence.

Negative Factors

Persistent Net Losses

Ongoing net losses highlight operational inefficiencies and financial strain, potentially limiting growth and investment capacity.

Negative Cash Flow

Sustained negative cash flow indicates the business is not self-sustaining, requiring external funding to maintain operations.

Declining Revenue

Declining revenue suggests weakening market demand or operational challenges, impacting financial health and growth prospects.

Bounty Oil & Gas NL Business Overview & Revenue Model

Company Description

Bounty Oil & Gas NL engages in the exploration, development, production, and marketing of oil and gas projects in Australia. The company operates through Core Petroleum and Secondary segments. It also invests in listed shares and securities. The company was incorporated in 1999 and is based in Sydney, Australia.

How the Company Makes Money

Bounty Oil & Gas NL generates revenue primarily through the exploration, development, and production of crude oil and natural gas. The company's key revenue streams include the sale of crude oil and natural gas extracted from its operated fields. Bounty Oil & Gas NL may also engage in strategic partnerships and joint ventures to share operational risks and enhance resource development, which can contribute to its earnings. Additionally, the company may benefit from favorable market conditions and price fluctuations in the oil and gas industry, which can impact its revenue positively.

Bounty Oil & Gas NL Financial Statement Overview

Summary

Overall financial quality is weak: persistent net losses (FY2020–FY2025) with a sharply worse FY2025 net margin, declining revenue, and sustained negative operating/free cash flow indicate ongoing cash burn. The main offset is a conservative capital structure with zero debt, which lowers solvency risk, but declining equity and negative ROE point to continued value erosion.

Income Statement

Profitability remains weak: the company has reported net losses every year from 2020–2025, with FY2025 net margin deteriorating sharply (about -150%) versus FY2024 (about -57%). Revenue is also trending down (FY2025 revenue down ~23% year-over-year, following a small decline in FY2024). A positive is that gross margin improved from negative levels in FY2021–FY2023 to positive in FY2024–FY2025, suggesting better realized pricing/cost recovery, but operating losses (EBIT/EBITDA) still indicate the cost base is too high relative to current scale.

Balance Sheet

The balance sheet is conservatively structured with zero reported debt across all periods, which reduces refinancing and interest-rate risk. However, shareholder equity has declined from FY2022 to FY2025, and returns on equity are consistently negative (FY2025 roughly -37%), reflecting ongoing losses and value erosion. Asset levels have also come down from FY2022, pointing to a smaller capital base and limited cushion if losses persist.

Cash Flow

Cash generation is a key weakness: operating cash flow is negative in FY2021–FY2025, and free cash flow is negative in the same years, indicating continued cash burn. FY2025 free cash flow worsened versus FY2024 (about -25% growth), and negative operating cash flow implies the core business is not self-funding. A relative positive is that cash burn is not currently being amplified by debt servicing (consistent with zero debt), but the company likely depends on external funding or asset monetization to sustain operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.08M	1.08M	1.61M	1.77M	1.90M	1.47M
Gross Profit	303.25K	303.25K	679.09K	-191.31K	-366.85K	-548.66K
EBITDA	-947.50K	-947.50K	-836.42K	-2.56M	-2.09M	-2.43M
Net Income	-1.62M	-1.62M	-926.06K	-2.91M	-2.48M	-2.91M
Balance Sheet
Total Assets	8.51M	8.51M	9.68M	8.55M	11.84M	11.33M
Cash, Cash Equivalents and Short-Term Investments	844.54K	829.65K	1.58M	1.31M	3.24M	1.46M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	4.08M	4.08M	3.86M	2.92M	3.30M	2.88M
Stockholders Equity	4.42M	4.42M	5.82M	5.63M	8.54M	8.46M
Cash Flow
Free Cash Flow	-771.97K	-987.26K	-629.27K	-1.95M	-980.25K	-1.00M
Operating Cash Flow	-636.23K	-636.23K	-327.97K	-1.14M	-189.18K	-515.24K
Investing Cash Flow	-341.03K	-341.03K	-485.88K	-814.62K	-535.96K	-638.38K
Financing Cash Flow	0.00	0.00	1.12M	0.00	2.57M	1.42M

Bounty Oil & Gas NL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SHE	51 Neutral	AU$4.11M	―	-9.49%	―	-16.79%	-205.26%
BUY	45 Neutral	AU$4.68M	―	-30.63%	―	-32.65%	-66.67%
XST	45 Neutral	AU$8.14M	-0.52	-120.24%	―	-92.71%	-220.72%
IPB	44 Neutral	AU$5.12M	-25.00	-7.32%	―	―	90.70%
WEL	37 Underperform	AU$3.14M	―	-26.79%	―	-26.88%	24.00%

Bounty Oil & Gas NL Corporate Events

Bounty Oil & Gas Issues New Shares Following Option Exercise

Bounty Oil & Gas NL has issued 129,127 new fully paid ordinary shares following the exercise of an equivalent number of listed options at an exercise price of A$0.025 per share, with the new equity issued on 19 November and 1 December 2025. The company confirmed that these shares were issued without a prospectus under the Corporations Act’s secondary trading provisions and stated it remains compliant with its financial reporting and continuous disclosure obligations, signaling routine capital management rather than a change in strategic direction for existing shareholders and the broader market.

The most recent analyst rating on (AU:BUY) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Bounty Oil & Gas NL stock, see the AU:BUY Stock Forecast page.

Bounty Oil & Gas NL Announces Quotation of New Securities

Bounty Oil & Gas NL has announced the application for quotation of 1,242 new ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its capital structure by converting options or other convertible securities, potentially impacting its market positioning and stakeholder interests.

Bounty Oil & Gas NL Advances Drilling Operations at Watkins North 2

Bounty Oil & Gas NL announced its ongoing drilling operations at Watkins North 2, highlighting the potential impact on its operational capabilities and market positioning. The presentation underscores the risks and variables inherent in the oil and gas sector, emphasizing the company’s cautious approach to managing expectations and potential challenges.

Bounty Oil & Gas NL Issues New Securities on ASX

Bounty Oil & Gas NL has announced the issuance of 127,885 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategic financial operations, potentially impacting its market position and offering new opportunities for stakeholders.

Bounty Oil & Gas NL Reports Increased Reserves and Anticipated Revenue Growth

Bounty Oil & Gas NL reported a quarterly revenue of $272,000 from its oil production activities in the Naccowlah Block, with expectations of increased revenue as production in the Surat Basin commences. The company has increased its oil reserves to 413,000 barrels, leveraging recent acquisitions and discoveries. Legal proceedings are underway regarding the PEP 11 Offshore Sydney Basin project, with a hearing scheduled for February 2026. The company is positioning itself to address Australia’s domestic oil and gas challenges and anticipates significant revenue growth in the coming years.

Bounty Oil & Gas NL Releases Corporate Governance Statement for FY 2025

Bounty Oil & Gas NL has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement, approved by the board, outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, reflecting its commitment to transparency and accountability in management and oversight.

Bounty Oil & Gas NL Announces 2025 Annual General Meeting Details

Bounty Oil & Gas NL has announced its 2025 Annual General Meeting, scheduled for November 27, 2025, at the View Hotel in North Sydney. In light of recent legislative changes, the company will not send printed notices and encourages shareholders to access meeting details electronically. Due to potential space limitations, shareholders are advised to register their attendance in advance and are encouraged to submit proxy votes prior to the meeting to ensure their participation. This move reflects Bounty’s adaptation to legislative changes and its commitment to maintaining shareholder engagement.

Bounty Oil & Gas NL Announces Expiry of Listed Options

Bounty Oil & Gas NL has announced the expiry of its listed options (ASX: BUYO) on 30 November 2025, with an exercise price of $0.025 per option. Option holders have the choice to exercise, sell, or let their options expire, with the official quotation ceasing on 25 November 2025. The options are currently ‘out of the money,’ and the company has provided detailed instructions for holders. If all options were exercised, the total ordinary shares would increase significantly, impacting the company’s share structure.

Bounty Oil & Gas NL Announces 2025 Annual General Meeting

Bounty Oil & Gas NL has announced its 2025 Annual General Meeting scheduled for November 27, 2025. Shareholders will receive details on how to access and participate in the meeting through the Notice of Annual General Meeting, which will also be released to the ASX. The announcement signifies Bounty’s ongoing commitment to transparency and shareholder engagement, potentially impacting its operational strategies and stakeholder relations.