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Cue Energy Resources Limited
(Sydney:CUE)
Cue Energy Resources Limited (CUE) vs. iShares MSCI Australia ETF (EWA)
Cue Energy Resources Limited Business Overview & Revenue Model
Cue Energy Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 54.84M | 54.84M | 49.66M | 51.60M | 44.44M | 22.45M |
| Gross Profit | 25.32M | 25.32M | 36.34M | 23.48M | 24.45M | -1.14M |
| EBITDA | 28.10M | 28.10M | 32.41M | 27.19M | 27.25M | -4.34M |
| Net Income | 6.32M | 6.32M | 14.19M | 15.21M | 16.07M | -12.74M |
Balance Sheet | ||||||
| Total Assets | 113.52M | 113.52M | 113.28M | 118.00M | 106.91M | 56.10M |
| Cash, Cash Equivalents and Short-Term Investments | 10.83M | 10.83M | 16.26M | 15.24M | 23.22M | 17.64M |
| Total Debt | 258.00K | 258.00K | 217.00K | 4.08M | 7.10M | 197.00K |
| Total Liabilities | 55.47M | 55.47M | 48.37M | 53.81M | 58.97M | 26.18M |
| Stockholders Equity | 58.05M | 58.05M | 64.91M | 64.19M | 47.94M | 29.92M |
Cash Flow | ||||||
| Free Cash Flow | 8.45M | 8.45M | 19.43M | 1.39M | 11.07M | -11.55M |
| Operating Cash Flow | 23.83M | 23.83M | 26.94M | 12.65M | 17.66M | -8.03M |
| Investing Cash Flow | -15.40M | -15.40M | -7.74M | -17.63M | -19.11M | -3.52M |
| Financing Cash Flow | -14.05M | -14.05M | -18.05M | -3.08M | 6.85M | -84.00K |
Cue Energy Resources Limited Technical Analysis
Cue Energy Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | AU$80.47M | 12.78 | 10.27% | 13.04% | 10.44% | -55.67% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
42 Neutral | AU$105.81M | -18.21 | -7.73% | ― | ― | 17.02% | |
41 Neutral | AU$37.82M | ― | -7.26% | ― | ― | -220.00% | |
37 Underperform | AU$74.57M | ― | -18.71% | ― | ― | 33.33% | |
31 Underperform | AU$264.57M | -53.23 | -3.58% | ― | ― | 22.50% |
Cue Energy Resources Limited Corporate Events
Cue Energy Resources Limited reported a strong quarter with a $3.5 million dividend payment, bringing total shareholder returns to $31.5 million over two years. The company maintained steady production levels and increased cash receipts by 21% to $13.5 million. Key developments included the commencement of two new oil wells at Mahato, boosting output by 2,000 barrels per day, and achieving the highest monthly average production at the Maari field in five years. Additionally, Cue secured a gas supply agreement with McArthur River Mining and made progress on the Paus Biru development and Sampang PSC extension, potentially increasing its interest from 15% to 25%. These strategic moves underscore Cue’s focus on value-accretive growth and strengthening its market position.
Cue Energy Resources Limited has announced the appointment of Gregory Mark Bishop as a director, effective October 22, 2025. Bishop holds a beneficial interest in 7,476 fully paid ordinary shares registered to Sharesies Australia Nominee Pty Limited. This appointment is part of the company’s ongoing efforts to strengthen its leadership team, potentially impacting its strategic direction and stakeholder engagement.
Cue Energy Resources Limited has appointed Mr. Gregory Bishop as an independent non-executive director to its board, following the recent Annual General Meeting. Mr. Bishop brings over 25 years of executive and board-level experience, including a significant tenure at KPMG and a recent role as CEO of Texel Air Australasia. His appointment is expected to enhance the board’s expertise and contribute positively to Cue Energy’s strategic direction.
Cue Energy Resources Limited announced the results of its Annual General Meeting held on October 22, 2025. All resolutions, including the adoption of the remuneration report, re-election of directors, election of a new director, renewal of the employee share option plan, and approval of a 10% placement facility, were carried. This outcome reflects strong shareholder support for the company’s strategic decisions and governance, potentially reinforcing its stability and growth prospects in the energy market.
Cue Energy Resources Limited presented at its Annual General Meeting, emphasizing its strategy of managing a high-quality portfolio and delivering sustainable production. The company aims to return attractive dividends, highlighting its commitment to shareholder value. The announcement underscores Cue Energy’s focus on maintaining robust operations and its strategic positioning within the energy sector, which may have implications for its stakeholders.
Cue Energy Resources Limited reported a strong financial performance for FY2025, with a 10% increase in revenue to $55 million, despite challenges from declining Brent oil prices. The company has successfully bolstered production through strategic drilling in Australia and Indonesia, and secured a 10-year extension for its Maari field permit in New Zealand. Looking forward, Cue is poised for further growth with plans to increase its interest in the Paus Biru development and initiate new projects in the Mahato and Maari fields, underscoring its robust production base and commitment to sustainable long-term value.
Cue Energy Resources Limited has announced a new gas supply agreement through the Mereenie joint venture with McArthur River Mining Pty Ltd. The agreement includes a supply of 0.37 PJ of gas, with additional ‘as available’ gas, to be delivered in 2026 and 2027. The deal, which includes take-or-pay provisions and a price indexed to CPI, is expected to enhance Cue’s operational capabilities and strengthen its market position.
Echelon Resources Limited has entered into a gas supply agreement with McArthur River Mining Pty Ltd, providing 2.1 Petajoules of firm gas from the Mereenie joint venture, along with an ‘as available’ gas agreement for 2026 and 2027. This agreement, featuring take-or-pay provisions and CPI-indexed pricing, strengthens Echelon’s position in the energy sector by supplying critical resources to a key mining operation in the Northern Territory, potentially enhancing stakeholder value and operational reach.
Cue Energy Resources Limited announced the issuance of 3,149,921 unquoted equity securities under an employee incentive scheme, effective from September 19, 2025. This move is part of the company’s strategy to incentivize its workforce, potentially impacting its operational dynamics and aligning employee interests with corporate growth objectives.
Cue Energy Resources Limited has released its 2025 Annual Report, detailing its financial and operational performance. The report highlights the company’s continued focus on its production assets across Australia, Indonesia, and New Zealand, and includes comprehensive financial statements and disclosures. This announcement provides stakeholders with insights into the company’s strategic positioning and operational priorities in the oil and gas sector.
Cue Energy Resources Limited has announced its Annual General Meeting (AGM) scheduled for October 22, 2025, to be held virtually via a webinar. Shareholders are encouraged to submit proxies early and can participate in the meeting by asking questions and voting on resolutions. This move towards digital communication aligns with recent modifications to the Corporations Act, allowing for electronic dissemination of meeting materials, which reflects the company’s adaptation to modern communication methods and enhances shareholder engagement.
Cue Energy Resources Limited has updated its previous announcement regarding the exchange rate for converting its Australian dollar-denominated dividend into New Zealand dollars. This update pertains to a dividend distribution for a six-month period ending on June 30, 2025, and reflects the company’s ongoing commitment to maintaining transparent financial operations for its stakeholders.
Cue Energy Resources Limited presented at the Good Oil and Gas Energy Conference in September 2025, emphasizing its strategic focus on maintaining a high-quality portfolio and ensuring sustainable production. The company aims to deliver attractive dividends, reflecting its commitment to shareholder value, while navigating the inherent risks and uncertainties of the oil and gas sector.
Cue Energy Resources Limited announced the cessation of 2,245,890 securities, specifically options expiring on July 1, 2027, with an exercise price of $0.089. This cessation may impact the company’s capital structure and could influence investor perceptions of its financial strategies and operational focus.
Cue Energy Resources Limited announced the quotation of 686,662 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of September 5, 2025. This move is part of the company’s strategy to leverage convertible securities, potentially enhancing its financial flexibility and market positioning.
Cue Energy Resources Limited has issued 686,662 fully paid ordinary shares through a cashless exercise of options under its Share Option Scheme Rules. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company confirms compliance with relevant regulatory requirements, indicating a strategic move to enhance its capital structure.
Cue Energy Resources Limited has released its Reserves and Resources Statement as of July 1, 2025, reporting a stable total 2P reserves of 5.5 million barrels of oil equivalent, consistent with the previous period minus production. Notable changes include an increase in 2P reserves at the Maari field due to improved production performance, while the Sampang PSC 2P reserves decreased due to faster-than-expected production decline at the Oyong and Wortel fields. The company also noted a reduction in Mahato PB field 2P oil reserves, offset by the addition of contingent resources in the Telisa reservoir, which is expected to drive production growth in the coming fiscal year. This announcement reflects Cue Energy’s ongoing efforts to optimize its asset portfolio and enhance its market position.
Cue Energy Resources Limited announced that the New Zealand Government has approved a 10-year extension of the Petroleum Mining Permit for the Maari oilfield, now set to expire in December 2037. This extension allows the Maari Joint Venture to continue its production activities and explore further opportunities for resource optimization and field enhancement. Recent operational improvements have increased production to an average of 5,600 barrels per day, the highest in over five years, highlighting the asset’s value and the joint venture’s effective investment strategy.
Cue Energy Resources, a subsidiary of Echelon Resources Limited, announced a final dividend payment of 0.5 cents per share, totaling AUD 1.75 million for Echelon, which holds a 49.97% stake in Cue. This dividend payment reflects Cue’s financial health and could positively impact Echelon’s revenue, reinforcing its position in the energy sector and potentially benefiting its stakeholders.
Cue Energy Resources Limited reported a 10% increase in revenue to $54.8 million for FY2025, with an EBITDAX of $30.3 million, despite a 56% drop in net profit after tax. The company declared a total dividend of 1.5 cents per share for the year, yielding 14% for shareholders. Significant development activities included the completion of 13 production wells, with additional drilling at Mahato leading to increased oil output. The company ended the year with a strong cash position and no debt, indicating robust operational performance. Future growth is expected from ongoing projects, including the Paus Biru and Mahato developments, which are anticipated to enhance production and returns.
Cue Energy Resources Limited has released its corporate governance statement for the financial year ending June 30, 2025, in compliance with ASX Listing Rules. The statement, approved by the board and available on the company’s website, outlines the extent to which Cue Energy has adhered to the ASX Corporate Governance Council’s recommendations. This disclosure is crucial for stakeholders as it provides transparency about the company’s governance practices and its commitment to maintaining high standards of corporate oversight.
Cue Energy Resources Limited has announced a new dividend distribution of AUD 0.005 per share for its ordinary fully paid security holders. The dividend relates to the six-month period ending on June 30, 2025, with an ex-date of September 10, 2025, and a payment date set for September 25, 2025. This announcement reflects the company’s ongoing commitment to delivering value to its shareholders and may influence investor sentiment positively.