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Central Petroleum Limited
(Sydney:CTP)
Central Petroleum Limited (CTP) vs. iShares MSCI Australia ETF (EWA)
Central Petroleum Limited Business Overview & Revenue Model
Central Petroleum Limited Earnings Call Summary
Central Petroleum Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 43.63M | 43.63M | 37.15M | 39.26M | 42.15M | 59.83M |
| Gross Profit | 14.54M | 14.54M | 4.43M | 19.14M | 14.80M | 30.98M |
| EBITDA | 15.65M | 15.65M | 24.06M | 3.70M | 32.39M | 18.43M |
| Net Income | 7.73M | 7.73M | 12.42M | -7.96M | 21.32M | 251.00K |
Balance Sheet | ||||||
| Total Assets | 114.01M | 114.01M | 103.64M | 98.13M | 122.29M | 174.17M |
| Cash, Cash Equivalents and Short-Term Investments | 27.47M | 27.47M | 24.98M | 13.83M | 21.65M | 37.16M |
| Total Debt | 26.05M | 26.05M | 24.21M | 28.15M | 31.81M | 68.32M |
| Total Liabilities | 73.11M | 73.11M | 71.08M | 78.74M | 95.76M | 170.48M |
| Stockholders Equity | 40.91M | 40.91M | 32.55M | 19.39M | 26.53M | 3.69M |
Cash Flow | ||||||
| Free Cash Flow | 5.78M | 5.78M | 3.92M | -4.91M | -7.15M | 17.65M |
| Operating Cash Flow | 14.30M | 14.30M | 6.86M | -2.06M | 3.64M | 24.14M |
| Investing Cash Flow | -10.11M | -10.11M | 9.45M | -1.50M | 17.41M | -8.04M |
| Financing Cash Flow | -1.70M | -1.70M | -5.15M | -4.27M | -36.56M | -4.85M |
Central Petroleum Limited Technical Analysis
Central Petroleum Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$45.24M | 9.65 | 4.81% | ― | 53.56% | -67.96% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
61 Neutral | AU$47.42M | 6.06 | 21.06% | ― | 17.42% | -38.46% | |
50 Neutral | AU$132.04M | -2.28 | -96.62% | ― | -100.00% | -2093.33% | |
50 Neutral | AU$89.12M | -37.78 | -14.52% | ― | ― | 40.00% | |
44 Neutral | AU$65.25M | -56.67 | -3.35% | ― | ― | -20.00% | |
40 Underperform | AU$55.18M | -9.09 | -28.51% | ― | ― | ― |
Central Petroleum Limited Corporate Events
Central Petroleum Limited has provided an update on its on-market share buy-back program, confirming that it repurchased 799,500 ordinary fully paid shares on the previous trading day, bringing the cumulative total bought back from zero prior to that date. The ongoing daily notifications signal active execution of the buy-back first announced in July 2025, indicating management’s current capital management priorities and potentially reflecting confidence in the company’s valuation, with implications for share liquidity and earnings per share for existing investors.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Central Petroleum Limited has agreed to acquire interests in highly prospective exploration acreage in the onshore Otway and Cooper Basins from ADZ Energy, marking a strategic multi‑basin expansion of its Australian conventional oil and gas portfolio. Under the binding sale and purchase agreements, Central will pay an upfront $9.2 million plus back-costs to secure a 20% stake in Victorian permit PEP169, targeting the Enterprise North gas prospect in the Otway Basin, and a 49% stake in 24 South Australian retention leases and permit PEL677 in the Cooper Basin, with further contingent payments and a royalty on future Cooper production, while ADZ remains operator. The program envisages three to four near‑term exploration wells between 2026 and early 2027, including a production‑ready Enterprise North well located near existing pipelines and processing plants in the Victorian gas market; if successful, Central expects a low implied acquisition cost per gigajoule and a near‑doubling of its equity gas production, underscoring the potential for meaningful growth in supply to the east coast gas market and strengthening the company’s position in prolific conventional basins.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Central Petroleum has amended its recently announced sale of several Northern Territory sub-salt exploration permits to Georgina Energy, removing EP82, which contains the smaller Magee/Mahler prospects, from the transaction and retaining ownership of its subsidiary Helium Australia Pty Ltd. The change allows Georgina to concentrate on the larger, higher-potential EP112 (Dukas) and EP125 (Mt Kitty) permits and other Amadeus and Officer Basin targets, while Central has notified its withdrawal from the EP82 joint venture with Santos and expects to book a $4.2 million impairment charge in its FY26 accounts, signalling a strategic refocus on more commercially attractive helium, hydrogen and hydrocarbon opportunities.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Central Petroleum Limited has reported a change in the interests of non-executive director Katherine Anne Hirschfeld, who has been issued 325,729 additional share rights (CTPAA) at no consideration under the company’s Employee Rights Plan and the 2026 Non-Executive Director Offer approved at the 2025 annual general meeting. Following this issuance, Hirschfeld’s holding increases to 912,466 ordinary fully paid shares and 472,010 share rights, underscoring the company’s continued use of equity-based remuneration to align director incentives with long-term shareholder value, with no trades occurring during a closed period.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Central Petroleum Limited has announced a change in the interests of non-executive director Stephen William Gardiner, reflecting an increase in his equity-linked exposure to the company. Gardiner has been issued 325,729 additional share rights under Central Petroleum’s Employee Rights Plan and the 2026 Non-Executive Director Offer, as approved by shareholders at the 2025 annual general meeting, lifting his holding to 691,432 share rights while his ordinary shareholding remains unchanged. The nil consideration for the grant underscores that this is a board-approved remuneration and alignment mechanism rather than a market transaction, signalling continued use of equity-based incentives to align director interests with those of shareholders.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Central Petroleum Limited has disclosed a change in the interests of Managing Director Leon Goss Devaney, who has been granted 6,120,198 additional CTPAA share rights at no cost, taking his holding to 19,272,752 CTPAA share rights alongside 8,050,721 ordinary shares. The new share rights were issued under the company’s Employee Rights Plan and FY2026 Long Term Incentive Plan, previously approved by shareholders at the 2025 annual general meeting, underscoring the company’s ongoing use of equity-based incentives to align executive remuneration with long-term shareholder value and corporate performance.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Central Petroleum Limited has disclosed a change in director Agu Jan Kantsler’s interests, with the non-executive director being issued 606,217 CTPAA share rights at nil consideration. The new share rights, granted under the company’s Employee Rights Plan and a 2026 Non-Executive Director offer approved at the 2025 annual general meeting, increase Kantsler’s holdings to 1,130,925 ordinary fully paid shares and 606,217 share rights, reflecting ongoing use of equity-based incentives to align board remuneration with shareholder interests without involving on-market transactions.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Central Petroleum Limited has announced the lapse of 44,454 share rights (CTPAA) after the conditions attached to these conditional rights were not met or became incapable of being satisfied, resulting in their cessation as of 18 December 2025. The change modestly reduces the company’s pool of potential equity-based securities, which may slightly affect future dilution dynamics for existing shareholders but does not alter the current issued share capital or indicate any change in operational strategy.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Central Petroleum Limited has issued 7,377,873 unquoted share rights under its employee incentive scheme, effective 18 December 2025. The award of these unlisted equity securities is designed to align staff and executive interests with shareholders and supports the company’s ongoing efforts to retain and motivate key personnel, although it does not immediately affect the number of quoted shares on the ASX.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Horizon Oil Limited and its Mereenie Joint Venture partners have signed a Letter of Intent with the Northern Territory’s Power and Water Corporation to accelerate the drilling of two new wells and establish long-term gas supply agreements. This initiative aims to boost gas production from the Mereenie field by mid-2026, ensuring a stable supply through 2034, thereby enhancing energy security in the region.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Central Petroleum Limited and its joint venture partners have signed a Letter of Intent with the Northern Territory’s Power and Water Corporation to commence an accelerated drilling program for four new wells at Mereenie and Palm Valley. This initiative aims to increase gas supply, with up to 25.5 PJ of uncontracted firm gas production to be sold through the end of 2034. The agreement signifies a substantial commitment to enhance gas supply security in the Northern Territory, with the drilling program expected to meet over 20% of the region’s total gas demand. The proposed gas sale agreements will provide Central Petroleum with a reliable income stream, supporting its operations and positioning in the energy market.
The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.
Central Petroleum Limited announced the results of its 2025 Annual General Meeting, where all resolutions were carried by a poll. This outcome reflects the company’s ongoing strategic initiatives and shareholder support, which may influence its future operations and positioning in the energy market.
Central Petroleum Limited has announced several key achievements over the past 12 months, including the commencement of a major multi-year gas sales agreement in the Northern Territory, completion of two new production wells at Mereenie ahead of schedule and under budget, and a significant improvement in financial performance. The company has also achieved a 96% 2P reserves replacement and implemented a share buy-back program, although it has not yet been utilized. These developments are aimed at strengthening the company’s market position and unlocking shareholder value, particularly through asset spinoffs related to sub-salt exploration permits.
Central Petroleum Limited has entered into a conditional agreement to sell its interests in three Northern Territory sub-salt exploration permits to Georgina Energy Plc in exchange for a 25% equity interest in Georgina. This transaction positions Georgina as a significant player in helium exploration, with plans to drill the Mt. Kitty appraisal well by June 2027, while Central aims to distribute Georgina shares to its shareholders, enhancing their exposure to helium exploration opportunities.
Central Petroleum Limited reported a 4.5% decline in sales volumes for the September 2025 quarter compared to the previous quarter, attributed to lower seasonal demand and pipeline constraints. Despite a 28% increase in average sales prices from the previous year, sales revenue fell by 6.6% due to reduced volumes and slightly lower prices from the June quarter. The company announced a 9% upgrade in its 2P oil and gas reserves at Mereenie and a 6% upgrade in Dingo 1P gas reserves, effectively replacing a significant portion of its FY2025 production. Additionally, Central secured a new Gas Sale Agreement to supply 1.3 PJ of gas over two years, enhancing cash flow certainty.
Horizon Oil Limited announced that the Mereenie joint venture has signed a gas supply agreement with McArthur River Mining for 4.9 Petajoules of gas to be supplied in 2026 and 2027. This agreement ensures a stable revenue stream through firm supply and fixed pricing, while also allowing for the sale of additional volumes, reinforcing Horizon’s position as a reliable energy partner in the region.
Echelon Resources Limited has announced a new gas supply agreement with McArthur River Mining Pty Ltd, involving the supply of 2.1 Petajoules of firm gas and additional ‘as available’ gas during 2026 and 2027. This agreement, which includes take-or-pay provisions and a price indexed to CPI, highlights Echelon’s strategic positioning in providing reliable gas from the Amadeus Basin to support critical mining operations in the Northern Territory.
Central Petroleum Limited announced the cessation of 52,205 share rights due to unmet conditions, impacting its issued capital structure. This development may influence the company’s market positioning and stakeholder interests by potentially affecting investor confidence and future capital strategies.
Central Petroleum Limited has announced the issuance of 14,333 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code CTP. This development is part of the company’s strategic efforts to enhance its financial position and potentially expand its operational capabilities, thereby reinforcing its presence in the energy market.
Central Petroleum Limited has announced the issuance of 8,459,484 unquoted share rights as part of an employee incentive scheme. This move is aimed at enhancing employee engagement and aligning their interests with the company’s growth objectives, potentially impacting the company’s operational dynamics and stakeholder relations positively.
Central Petroleum Limited has announced its Annual General Meeting (AGM) scheduled for November 20, 2025, at 10:00 AM AEST, which will be held both virtually and in person at Christie Conference Spaces in Brisbane. Stakeholders are encouraged to participate by lodging proxies by November 18, 2025, and can access the meeting online to watch the webcast, ask questions, and vote. This AGM is a significant event for the company as it provides an opportunity for stakeholders to engage with the company’s management and discuss future strategies, potentially impacting the company’s operations and market positioning.
Central Petroleum Limited has announced its Annual General Meeting (AGM) scheduled for November 20, 2025, which will be held both in-person in Brisbane and online. The meeting will allow shareholders to participate in real-time voting and engage with the company’s directors, reflecting Central Petroleum’s commitment to transparency and shareholder engagement.