Central Petroleum Limited (CTP) AI Stock Analysis

• Market Cap: AU$40.99M
• Dividend Yield: N/A
• Average Volume (3M): 523.68K
• Price to Earnings (P/E): 550.0
• Beta (1Y): 0.44
• Revenue Growth: -15.16%
• EPS Growth: -99.57%
• Country: AU
• Employees: 81
• Sector: Energy
• Sector Strength: 48
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): <0.01
• Shares Outstanding: 745,258,300
• 10 Day Avg. Volume: 401,435
• 30 Day Avg. Volume: 523,683
• PEG Ratio: -4.81
• Price to Book (P/B): 1.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.83
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

The overall stock score reflects significant financial performance concerns, particularly high leverage, and unattractive valuation metrics. Technical indicators also suggest bearish sentiment, reinforcing a cautious outlook.

Central Petroleum Limited Business Overview & Revenue Model

Company Description

Central Petroleum Limited engages in the development, production, processing, and marketing of hydrocarbons in Australia. It holds interests in various oil and gas properties comprising 181,743 square kilometers of exploration area located in the Amadeus, Southern Georgina, Wiso, and Surat Basins. The company was incorporated in 1998 and is headquartered in Brisbane, Australia.

How the Company Makes Money

Central Petroleum Limited makes money through the exploration, development, and production of oil and gas resources. The company's revenue model is centered around the sale of produced hydrocarbons, including crude oil, natural gas, and associated products. Key revenue streams include the supply of natural gas to domestic markets under long-term contracts, as well as spot market sales of crude oil and other hydrocarbon products. The company's earnings are influenced by factors such as global oil and gas prices, production volumes, and operational efficiencies. Additionally, Central Petroleum Limited may engage in strategic partnerships and joint ventures to enhance its exploration and production capabilities, thereby potentially increasing its revenue opportunities.

Central Petroleum Limited Financial Statement Overview

Summary

Central Petroleum Limited has shown mixed performance across financial statements. Improvements in income and cash flow are encouraging, but the balance sheet reflects high leverage. The company's ability to manage costs and improve profitability is positive, yet managing debt levels remains 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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	37.15M	39.26M	42.15M	59.83M	65.05M
Gross Profit	16.54M	19.14M	14.80M	6.17M	4.34M
EBITDA	24.06M	3.65M	32.39M	18.43M	28.10M
Net Income	12.42M	-7.96M	21.32M	251.00K	5.41M
Balance Sheet
Total Assets	103.64M	98.13M	122.29M	174.17M	159.77M
Cash, Cash Equivalents and Short-Term Investments	24.98M	13.83M	21.65M	37.16M	25.92M
Total Debt	24.21M	28.15M	31.81M	68.32M	72.00M
Total Liabilities	71.08M	78.74M	95.76M	170.48M	158.19M
Stockholders Equity	32.55M	19.39M	26.53M	3.69M	1.58M
Cash Flow
Free Cash Flow	3.92M	-4.91M	-7.15M	17.65M	12.50M
Operating Cash Flow	6.86M	-2.06M	3.64M	24.14M	15.73M
Investing Cash Flow	9.45M	-1.50M	17.41M	-8.04M	4.68M
Financing Cash Flow	-5.15M	-4.27M	-36.56M	-4.85M	-12.29M

Central Petroleum Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CTP, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.06, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.72 is Neutral, neither overbought nor oversold. The STOCH value of 244.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CTP.

Central Petroleum Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BRK	62 Neutral	AU$39.89M	14.07	3.21%	―	-8.82%	-82.65%
Sector *	52 Neutral	C$2.96B	-1.54	-3.48%	6.52%	3.05%	-49.39%
CTP	48 Neutral	AU$40.99M	550.00	0.25%	―	-15.16%	-99.57%
EXR	44 Neutral	$47.59M	―	-5.28%	―	-100.00%	-8.33%
TDO	41 Neutral	AU$38.35M	―	-22.66%	―	―	-167.31%
NGY	27 Underperform	AU$60.54M	―	-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.