Cue Energy Resources Limited (AU:CUE)
ASX:CUE
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Cue Energy Resources Limited
(Sydney:CUE)
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Rating:73Outperform
Price Target:
AU$0.17
â–²(39.17% Upside)
Action:ReiteratedDate:03/18/26
The score is driven primarily by solid financial footing (very low leverage) and strong operational efficiency alongside revenue growth, supported by highly attractive valuation (low P/E and strong dividend yield). These positives are tempered by weakening profitability and free cash flow trends, and mixed technical signals with soft near-term momentum.
Positive Factors
Very low leverage
An exceptionally low debt-to-equity ratio provides durable financial flexibility: it reduces interest burden, lowers solvency risk through commodity cycles, and preserves capacity to fund capex or opportunistic acquisitions from operating cash or modest financing, supporting long-term stability.
Negative Factors
Margin compression
Material compression in gross and net margins signals rising cost pressures or weaker pricing that erode retained earnings and cushion for reinvestment. Persisting lower margins will reduce free cash available for development, dividends, or insuring against operational setbacks over the coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
An exceptionally low debt-to-equity ratio provides durable financial flexibility: it reduces interest burden, lowers solvency risk through commodity cycles, and preserves capacity to fund capex or opportunistic acquisitions from operating cash or modest financing, supporting long-term stability.
Read all positive factors
Cue Energy Resources Limited (CUE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$97.97M
Dividend Yield13.04%
Average Volume (3M)312.42K
Price to Earnings (P/E)3.9
Beta (1Y)0.10
Revenue Growth10.44%
EPS Growth-55.67%
CountryAU
Employees14
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)<0.01
Shares Outstanding699,779,300
10 Day Avg. Volume376,071
30 Day Avg. Volume312,423
Financial Highlights & Ratios
PEG Ratio-0.23
Price to Book (P/B)1.39
Price to Sales (P/S)1.47
P/FCF Ratio9.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Cue Energy Resources Limited Business Overview & Revenue Model
Company Description
Cue Energy Resources Limited, an oil and gas exploration and production company, explores for, develops, and produces petroleum. It has petroleum assets in Australia, New Zealand, and Indonesia. The company was founded in 1981 and is headquartered...
How the Company Makes Money
CUE makes money primarily from upstream petroleum revenues generated by its ownership interests in oil and gas fields. Under typical joint venture structures in the upstream sector, an operator markets production and sells hydrocarbons (e.g., natu...
Cue Energy Resources Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
85
Very Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 53.44M | 54.84M | 49.66M | 51.60M | 44.44M | 22.45M |
| Gross Profit | 22.74M | 25.32M | 36.34M | 23.48M | 24.45M | -1.14M |
| EBITDA | 27.90M | 28.10M | 32.41M | 27.19M | 27.25M | -4.34M |
| Net Income | 7.09M | 6.32M | 14.19M | 15.21M | 16.07M | -12.74M |
Balance Sheet | ||||||
| Total Assets | 126.38M | 113.52M | 113.28M | 118.00M | 106.91M | 56.10M |
| Cash, Cash Equivalents and Short-Term Investments | 11.18M | 10.83M | 16.26M | 15.24M | 23.22M | 17.64M |
| Total Debt | 376.00K | 258.00K | 217.00K | 4.08M | 7.10M | 197.00K |
| Total Liabilities | 66.83M | 55.47M | 48.37M | 53.81M | 58.97M | 26.18M |
| Stockholders Equity | 59.55M | 58.05M | 64.91M | 64.19M | 47.94M | 29.92M |
Cash Flow | ||||||
| Free Cash Flow | 10.35M | 8.45M | 19.43M | 1.39M | 11.07M | -11.55M |
| Operating Cash Flow | 20.15M | 23.83M | 26.94M | 12.65M | 17.66M | -8.03M |
| Investing Cash Flow | -14.86M | -15.40M | -7.74M | -17.63M | -19.11M | -3.52M |
| Financing Cash Flow | -10.56M | -14.05M | -18.05M | -3.08M | 6.85M | -84.00K |
Cue Energy Resources Limited Technical Analysis
Positive
0.12
Price Trends
0.13
Positive
0.12
Positive
0.12
Positive
Market Momentum
<0.01
Positive
51.00
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CUE, the sentiment is Positive. The current price of 0.12 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.13, and above the 200-day MA of 0.12, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.00 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CUE.
Cue Energy Resources Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$97.97M | 3.94 | 12.05% | 13.04% | 10.44% | -55.67% | |
67 Neutral | AU$89.58M | -40.18 | 2.32% | 6.72% | ― | ― | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
49 Neutral | AU$30.26M | -4.02 | -6.67% | ― | ― | -220.00% | |
48 Neutral | AU$116.01M | -30.38 | -13.37% | ― | ― | 33.33% | |
47 Neutral | AU$89.80M | -15.66 | -4.12% | ― | ― | 22.50% | |
45 Neutral | AU$75.27M | -9.56 | -5.81% | ― | ― | 17.02% |
* Energy Sector Average
AU:CUE
Cue Energy Resources Limited
0.14
0.05
55.56%
AU:MAY
Melbana Energy Limited
0.01
-0.02
-60.00%
AU:ECH
New Zealand Oil & Gas Limited
0.40
0.02
6.10%
AU:PCL
Pancontinental Energy NL
0.01
<0.01
16.67%
AU:IVZ
Invictus Energy Limited
0.06
<0.01
12.00%
AU:KKO
Kinetiko Energy Ltd.
0.05
>-0.01
-9.26%
Cue Energy Resources Limited Corporate Events
Echelon Agrees to Delay Accepting Horizon’s Takeover Bid for Cue Energy
Apr 9, 2026
The Takeovers Panel has accepted an undertaking from Echelon Resources Limited, a Cue shareholder, in connection with Cue Energy Resources Limited’s application concerning Horizon Oil Limited’s off‑market takeover bid. Under the ...
Cue Energy dispatches target’s statement on Horizon Oil takeover bid
Apr 7, 2026
Cue Energy Resources has begun distributing its target’s statement to shareholders in response to Horizon Oil Limited’s unsolicited, off-market takeover offer for all Cue shares it does not already own. Shareholders who have opted for ...
Cue Energy Board Urges Shareholders to Reject Horizon Oil Takeover Bid
Apr 6, 2026
Cue Energy Resources has issued a target’s statement in response to an off‑market takeover bid from Horizon Oil for all its ordinary shares, with an Independent Board Committee unanimously advising shareholders to reject the offer. The...
Cue Energy JV Wins Short Extension on Key Gas Sales Deadline
Apr 1, 2026
Cue Energy Resources has reported that its joint venture partners in the Mereenie and Palm Valley gas fields have reached an agreement with the Northern Territory’s Power and Water Corporation to extend the deadline for executing binding gas...
Horizon Oil Wins Extension to Finalise Mereenie Gas Sales Deal
Apr 1, 2026
Horizon Oil and its Mereenie Joint Venture partners have secured an extension from the Northern Territory’s Power and Water Corporation to finalise a binding gas sales agreement. The deadline to execute this agreement, originally set for 1 A...
Central Petroleum Extends Deadline for Binding NT Gas Sales Agreements
Apr 1, 2026
Central Petroleum Limited and its Mereenie and Palm Valley joint venture partners have reached an agreement with the Northern Territory’s Power and Water Corporation to extend the deadline for executing binding gas sales agreements from 1 Ap...
Cue Energy Challenges Horizon Oil Takeover Bid at Takeovers Panel
Mar 31, 2026
Cue Energy Resources has applied to the Takeovers Panel over Horizon Oil’s off-market takeover bid and related arrangements with major shareholder Echelon Resources, alleging these dealings may undermine an efficient and competitive market f...
Horizon Oil Clears Minimum Bid Price Hurdle in Cue Energy Takeover Offer
Mar 27, 2026
Horizon Oil Limited, an ASX-listed oil and gas producer, has launched an off-market takeover bid for all Cue Energy Resources shares it does not already own, and has now confirmed that the minimum bid price condition attached to its offer has been...
Cue Energy Wins Short Extension on Northern Territory Gas Sales Deadline
Mar 24, 2026
Cue Energy Resources has operations spanning Indonesia, onshore Australia and offshore New Zealand, with first-half FY26 revenue of $25.7 million derived from a portfolio of gas and oil producing fields. The company focuses on upstream production ...
Horizon Oil Extends Deadline for Mereenie Gas Sales Agreement
Mar 24, 2026
Horizon Oil and its Mereenie Joint Venture partners have reached an agreement with the Northern Territory’s Power and Water Corporation to extend the deadline for finalising a binding gas sales agreement. The execution date has been pushed b...
Central Petroleum Wins Short Extension on NT Gas Sales Deadline
Mar 24, 2026
Central Petroleum has secured a short extension to its deadline for finalising binding gas sales agreements with Northern Territory utility Power and Water Corporation, moving the cut-off from 24 March 2026 to 1 April 2026. The additional time, ag...
Cue Energy urges investors to hold fire on Horizon Oil’s unsolicited takeover bid
Mar 19, 2026
Cue Energy Resources has confirmed that Horizon Oil has dispatched its replacement bidder’s statement for an unsolicited, off‑market takeover offer to acquire all Cue shares it does not already own. The offer is scheduled to close on 5...
Horizon advances off-market bid with despatch of new Cue takeover statement
Mar 19, 2026
Horizon Oil Limited has formally progressed its off-market takeover bid for all ordinary shares in Cue Energy Resources Limited that it does not already control by completing the despatch of its replacement bidder’s statement dated 19 March ...
Horizon Oil Formalises Revised Takeover Bid for Cue Energy
Mar 18, 2026
Horizon Oil Limited, an ASX-listed oil and gas producer, has launched an off-market takeover bid for all Cue Energy Resources shares it does not already own, offering A$0.008 in cash plus 0.5625 Horizon shares for each Cue share. The move undersco...
Horizon Oil Releases Supplementary Statement for Cue Takeover Bid
Mar 18, 2026
Horizon Oil Limited has issued its first supplementary bidder’s statement in relation to its off-market takeover bid for all Cue Energy Resources shares it does not already own. The document, lodged with ASIC and ASX, supplements HorizonR...
Cue Energy appoints advisers as it weighs Horizon Oil takeover bid
Mar 12, 2026
Cue Energy Resources has acknowledged Horizon Oil Limited’s intention to launch an off-market takeover offer for all Cue shares it does not already own, following Horizon’s announcement earlier in March. In response, Cue’s Indepe...
Cue Energy Forms Independent Board to Assess Horizon Oil Takeover Bid
Mar 3, 2026
Cue Energy Resources has disclosed that Horizon Oil Limited intends to launch an off-market takeover bid for all Cue shares it does not already control, offering a mix of cash and Horizon shares per Cue share. The proposal underscores ongoing cons...
Cue Energy JV Wins Extension to Finalise Northern Territory Gas Sales Deal
Mar 2, 2026
Cue Energy Resources Limited, an ASX-listed Melbourne-based oil and gas producer and explorer, derives its revenue from a portfolio spanning Indonesia’s Mahato and Sampang PSCs, the Mereenie, Palm Valley and Dingo fields in onshore Australia...
Horizon Oil Extends Deadline for Mereenie Gas Sales Agreement
Mar 2, 2026
Horizon Oil Limited and its Mereenie Joint Venture partners have reached an agreement with the Northern Territory’s Power and Water Corporation to extend the deadline for signing a binding gas sales agreement tied to the Mereenie project. Th...
Cue Energy lifts profit and pivots cash to long-term NT gas growth
Feb 25, 2026
Cue Energy Resources has reported half-year FY26 revenue of $25.7 million and an 18% rise in after-tax profit to $5.1 million, driven by strong performance from its Indonesian, New Zealand, and Australian production assets. The company declared a ...
Cue Energy Declares Interim Dividend for Half-Year to December 2025
Feb 25, 2026
Cue Energy Resources Limited has declared an interim dividend on its ordinary fully paid shares, reflecting earnings from the six-month financial period ended 31 December 2025. The company will pay a distribution of AUD 0.0025 per share on 26 Marc...
Cue Energy Lifts Profit Despite Revenue Dip and Declares Lower Interim Dividend
Feb 25, 2026
Cue Energy Resources Limited reported a 5.2% decline in operating revenue to $25.7 million for the half-year to 31 December 2025, while gross profit fell 19.5% to $10.4 million. Despite this, profit after tax attributable to shareholders rose 17.8...
Echelon Wins Extension on Key Northern Territory Gas Sales Deadline
Feb 22, 2026
Echelon Resources Limited has secured an extension to the deadline for executing binding gas sales agreements with the Northern Territory’s Power and Water Corporation, pushing the date from 20 February 2026 to 2 March 2026. The extension re...
Cue Energy Secures Extension for Mereenie and Palm Valley Gas Sales Deadline
Feb 20, 2026
Cue Energy Resources Limited has updated the market on gas sales negotiations involving its Mereenie and Palm Valley interests in Australia’s Northern Territory. The company, together with its joint venture partners, is focused on supplying ...
Horizon Oil Wins Extension to Finalise Mereenie Gas Sales Deal
Feb 20, 2026
Horizon Oil and its Mereenie Joint Venture partners have secured an extension from Northern Territory’s Power and Water Corporation to finalise a long-term gas sales agreement linked to two new wells at the Mereenie field. The deadline to ex...
Central Petroleum Wins Extension to Finalise NT Gas Sales Agreements
Feb 20, 2026
Central Petroleum has secured a short extension to its deadline to finalise binding gas sales agreements with the Northern Territory’s Power and Water Corporation for gas from the Mereenie and Palm Valley fields. The execution deadline has b...
Cue Energy Highlights Portfolio Quality, Growth and Dividends at MST Webinar
Feb 11, 2026
Cue Energy Resources used an MST Financial webinar titled “New Technologies, New Frontiers: The Next Generation of ASX Oil Gas Winners” to highlight its strategy of managing a high-quality portfolio, delivering near-term growth and re...
Cue Energy Holds Production Steady as Long-Term Gas Deals and Drilling Plans Advance
Jan 29, 2026
Cue Energy Resources Limited reported steady quarterly production of about 1,680 barrels of oil equivalent per day and ended the December 2025 quarter with a solid cash balance of $11.2 million, though cash receipts fell to $9.9 million due mainly...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.