Central Petroleum Limited (CTP) AI Stock Analysis

• Market Cap: AU$38.75M
• Dividend Yield: N/A
• Average Volume (3M): 452.88K
• Price to Earnings (P/E): 540.0
• Beta (1Y): 0.45
• Revenue Growth: -15.16%
• EPS Growth: -99.57%
• Country: AU
• Employees: 81
• Sector: Energy
• Sector Strength: 56
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): <0.01
• Shares Outstanding: 745,258,300
• 10 Day Avg. Volume: 608,320
• 30 Day Avg. Volume: 452,881
• PEG Ratio: 1.75
• Price to Book (P/B): -17.03
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.37
• 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: 46 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Central Petroleum Limited's overall score is mainly impacted by mixed financial performance and weak technical indicators. High leverage and a high P/E ratio contribute to the risk profile, while improvements in cash flow offer some positive outlook. The stock's current valuation and technical signals suggest caution for potential investors.

Central Petroleum Limited Business Overview & Revenue Model

Company Description

Central Petroleum Limited (CTP) is an Australian oil and gas exploration and production company. It operates primarily in the Northern Territory and Queensland, focusing on the exploration, development, and production of hydrocarbon resources. The company holds significant acreage positions in key petroleum basins and is involved in both conventional and unconventional oil and gas projects.

How the Company Makes Money

Central Petroleum Limited generates revenue through the extraction and sale of oil and gas resources. Its primary revenue streams come from the production and sale of crude oil, natural gas, and associated petroleum products. The company enters into sales agreements with domestic and international customers, including energy utilities and industrial users, to supply these products. Additionally, Central Petroleum may also earn income through joint ventures, partnerships, or farm-out agreements, where they collaborate with other firms to jointly develop and produce resources from its acreage holdings. The company's financial performance is influenced by factors such as global oil and gas prices, production volumes, and operational efficiencies.

Central Petroleum Limited Financial Statement Overview

Summary

Central Petroleum Limited has mixed financial health. The income statement shows an improvement, particularly in gross profit margin, but the balance sheet indicates high leverage, posing risks. Positive cash flow trends are a promising sign of financial stability, but managing debt levels will be crucial.

Income Statement

The company has experienced fluctuating revenue patterns, with a revenue decrease from 2020 to 2021, followed by a small increase in 2022. Net income has also varied significantly, with a notable recovery in the latest period. Gross profit margin increased significantly from 2023 to 2024, indicating improved cost management or pricing strategy. However, consistent EBIT and EBITDA margins are needed to indicate steady operational efficiencies.

Balance Sheet

The balance sheet shows a high degree of leverage with a significant debt-to-equity ratio, although recent improvements in stockholders' equity are positive. The company has managed to maintain a reasonable equity ratio, but the overall financial structure relies heavily on debt, posing potential risks in volatile markets.

Cash Flow

Cash flow statements indicate positive trends in operating cash flows and a significant turnaround in free cash flow, leading to a healthier cash position. The company has demonstrated an ability to generate cash from operations after years of negative free cash flow, which is a promising sign of financial stability.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	36.09M	37.15M	39.26M	42.15M	59.83M	65.05M
Gross Profit	9.26M	16.54M	19.14M	14.80M	6.17M	4.34M
EBITDA	10.81M	24.06M	3.65M	32.39M	18.43M	28.10M
Net Income	86.00K	12.42M	-7.96M	21.32M	251.00K	5.41M
Balance Sheet
Total Assets	103.92M	103.64M	98.13M	122.29M	174.17M	159.77M
Cash, Cash Equivalents and Short-Term Investments	23.36M	24.98M	13.83M	21.65M	37.16M	25.92M
Total Debt	24.26M	24.21M	28.15M	31.81M	68.32M	72.00M
Total Liabilities	69.54M	71.08M	78.74M	95.76M	170.48M	158.19M
Stockholders Equity	34.39M	32.55M	19.39M	26.53M	3.69M	1.58M
Cash Flow
Free Cash Flow	8.34M	3.92M	-4.91M	-7.15M	17.65M	12.50M
Operating Cash Flow	11.31M	6.86M	-2.06M	3.64M	24.14M	15.73M
Investing Cash Flow	-5.40M	9.45M	-1.50M	17.41M	-8.04M	4.68M
Financing Cash Flow	-3.99M	-5.15M	-4.27M	-36.56M	-4.85M	-12.29M

Central Petroleum Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CTP, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.19 is Neutral, neither overbought nor oversold. The STOCH value of 19.84 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CTP.

Central Petroleum Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$15.14B	9.91	6.38%	5.21%	4.16%	-67.19%
BRK	62 Neutral	$37.83M	13.22	3.21%	―	-8.82%	-82.65%
CTP	46 Neutral	AU$38.75M	540.00	0.25%	―	-15.16%	-99.57%
EXR	44 Neutral	$37.09M	―	-5.28%	―	-100.00%	-8.33%
TDO	41 Neutral	AU$45.02M	―	-22.66%	―	―	-167.31%
NGY	27 Underperform	€39.18M	―	-3.50%	―	―	14.29%

Central Petroleum Limited Corporate Events

Central Petroleum Reports Stable Operations and Strategic Growth Initiatives

Central Petroleum Limited reported stable operations with a slight increase in sales revenue for April and May, driven by strong portfolio pricing and consistent sales volumes. The company has managed to mitigate the impact of Northern Gas Pipeline outages by redirecting gas sales, and is addressing temporary oil production constraints at Mereenie. Additionally, Central completed the sale of a non-core asset, enhancing its financial position, and continues to focus on strategic growth through exploration and appraisal activities.

Central Petroleum Exceeds Production Targets and Increases Revenue in Q1 2025

Central Petroleum Limited reported a successful quarter ending March 31, 2025, with the commissioning of two new gas wells at Mereenie exceeding production expectations and coming in under budget. Despite steady sales volumes, the company saw a 22% increase in sales revenue to $11.4 million due to higher average unit sales prices driven by new gas contracts. The lapse of a conditional gas sale agreement with Arafura has led Central and its joint venture to seek new customers for future gas production, which may impact future market positioning.

Echelon Resources Ends Gas Sales Agreement with Arafura

Echelon Resources Limited announced that its conditional Gas Sales Agreement with Arafura Rare Earths has lapsed due to unmet conditions related to Arafura’s final investment decision. As a result, Echelon, along with its Mereenie Joint Venture partners, has decided to re-market the gas, maintaining a positive relationship with Arafura and expressing continued support for the Nolans Project. This decision reflects Echelon’s focus on production and development certainty and may impact its operational strategy and market positioning.

Horizon Oil to Re-market Gas After Nolans Project Agreement Lapses

Horizon Oil Limited, a company involved in the oil and gas industry, has announced that the gas supply agreement for Arafura’s Nolans rare earths project has lapsed due to unmet conditions. As a result, Horizon and its Mereenie joint venture partners will re-market the gas originally intended for the Nolans project to other customers in the Northern Territory and the East Coast, starting in 2028.

Central Petroleum to Re-market Gas Supply After Agreement Lapse

Central Petroleum Limited announced that the gas supply agreement for Arafura’s Nolan’s rare earth project has lapsed due to unmet conditions, prompting the company and its Mereenie joint venture partners to re-market the gas for sale to other customers in the NT and east coast. This decision underscores Central’s commitment to providing reliable long-term gas supplies, crucial for funding and developing major capital projects, thereby enhancing its positioning in the NT and broader east coast gas markets.