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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 | 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
Cue Energy Resources Limited Peers Comparison
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% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
56 Neutral | AU$96.30M | -40.18 | 2.32% | 6.72% | ― | ― | |
49 Neutral | AU$26.47M | -4.02 | -6.67% | ― | ― | -220.00% | |
46 Neutral | AU$91.15M | -30.38 | -13.37% | ― | ― | 33.33% | |
44 Neutral | AU$72.16M | -15.66 | -3.37% | ― | ― | 22.50% | |
43 Neutral | AU$84.49M | -9.56 | -5.81% | ― | ― | 17.02% |
Cue Energy Resources Limited Corporate Events
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 Independent Board Committee has engaged legal advisor Gilbert + Tobin and financial advisor Azure Capital to assess the proposal.
The offer has not yet opened, and the committee has reiterated that shareholders do not need to take any action at this stage. Cue plans to issue a Target’s Statement containing formal recommendations from committee members, ensuring shareholders receive it with sufficient time to evaluate their options before the offer period closes.
The most recent analyst rating on (AU:CUE) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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 consolidation in the regional oil and gas sector and could reshape Cue’s shareholder base and strategic direction if completed.
In response, Cue has formed an Independent Board Committee of its non-executive directors to evaluate the Horizon proposal with the assistance of external advisers and to provide a formal recommendation to shareholders in a forthcoming target’s statement. Until that advice is issued, the board has urged investors not to take any action, highlighting that the offer will remain open for at least one month once dispatched, giving shareholders time to assess their options.
The most recent analyst rating on (AU:CUE) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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, and the Maari field offshore New Zealand. The company reported first-half FY26 revenue of $25.7 million from these operations.
Cue has announced that the Mereenie and Palm Valley joint venture partners have reached agreement with the Northern Territory’s Power and Water Corporation to extend the deadline to execute binding gas sales agreements from 2 March 2026 to 24 March 2026. The extension provides additional time for finalising long-term gas supply arrangements, which are important for revenue visibility and planning for both the joint venture participants and the regional power utility.
The most recent analyst rating on (AU:CUE) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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. The execution date has been pushed from 2 March 2026 to 24 March 2026, providing additional time for commercial and contractual finalisation, and signalling that negotiations remain active and potentially material for Horizon’s future gas sales and regional supply arrangements.
The most recent analyst rating on (AU:CUE) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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 reduced interim dividend of 0.25 cents per share, bringing total shareholder returns to more than $33 million over the past two years while preserving cash for growth.
Management is prioritising near-term growth in Australia’s Northern Territory, planning four development wells at the Mereenie and Palm Valley fields and progressing a long-term gas sales agreement with NT Power and Water Corporation to 2034. These initiatives, alongside recently secured sales to McArthur River Mining, are expected to lift contracted gas volumes by more than 150%, underpin predictable long-term revenue, reducing exposure to oil price volatility, and reinforcing Cue’s position in a tightening domestic gas market.
The most recent analyst rating on (AU:CUE) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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 March 2026, with the stock trading ex-dividend on 11 March and a record date of 12 March, signalling continued capital returns to shareholders and providing clarity on near-term income for investors.
The announcement specifies that the payout is tied to the latest half-year reporting period, underscoring Cue Energy’s current cash generation capacity and commitment to regular distributions. While no additional approvals are required, the modest dividend size highlights a conservative approach to capital management, balancing shareholder returns with the need to retain funds for ongoing operations in a cyclical energy market.
The most recent analyst rating on (AU:CUE) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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% to $5.1 million, supported by lower exploration expenses and stable EBITDA of $13.4 million.
Total comprehensive income slipped 17.6% to $4.9 million, but the company strengthened its balance sheet, with net assets up 2.6% to $59.5 million and cash rising 3.2% to $11.2 million. Cue declared an unfranked interim dividend of 0.25 cents per share payable in March 2026, lower than prior-period payouts, signalling continued shareholder returns while preserving capital amid softer revenues and margin pressure.
The most recent analyst rating on (AU:CUE) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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 relates to the Mereenie and Palm Valley gas projects, where Echelon holds substantial interests alongside Central Petroleum, Cue Energy and Horizon Australia Energy, and it provides additional time to finalise commercial terms that are important for unlocking growth and value from four planned new wells.
The Mereenie permits OL4 and OL5 are operated by Central Petroleum with Echelon holding the largest single stake, while the Palm Valley OL3 permit is also operated by Central with Echelon as a major partner. These joint venture structures underscore Echelon’s strategy of leveraging partnerships to develop its regional gas portfolio, with the revised deadline reducing near-term contracting pressure and helping preserve momentum on planned development activities that are central to its growth plans in the Northern Territory gas market.
The most recent analyst rating on (AU:CUE) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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 gas from these onshore fields to regional utility customers as part of its broader upstream oil and gas portfolio.
The Mereenie and Palm Valley joint venture partners have agreed with the Northern Territory’s Power and Water Corporation to extend the deadline for executing binding gas sales agreements from 20 February 2026 to 2 March 2026. The short extension suggests commercial terms are still being finalised, and timely completion will be important for securing long-term gas offtake arrangements and providing greater revenue visibility for Cue and its partners.
The most recent analyst rating on (AU:CUE) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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 execute the binding contract has been pushed back from 20 February 2026 to 2 March 2026, giving the parties additional time to conclude commercial terms that could underpin future gas supply and revenue visibility for the venture.
The extension signals continued progress in negotiations with the territory’s key utility buyer and suggests Horizon and its partners remain on track to convert the earlier letter of intent into a firm sales agreement. A successful deal is expected to support ongoing development of Mereenie, strengthen Horizon’s contracted gas portfolio and provide greater certainty for stakeholders reliant on long-term gas supplies from the region.
The most recent analyst rating on (AU:CUE) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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 been pushed from 20 February 2026 to 2 March 2026, giving the company and its joint venture partners additional time to convert earlier letters of intent into long-term supply contracts.
The brief extension maintains momentum on Central’s planned long-term gas supply arrangements while providing a narrow window to complete commercial terms. Successful completion of these agreements would underpin production from key Northern Territory assets and further consolidate Central’s role as a core supplier in regional gas markets.
The most recent analyst rating on (AU:CUE) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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 returning attractive dividends to shareholders. The presentation underscores both the growth ambitions and the inherent exploration and production risks in its oil and gas assets, signalling a focus on capital discipline and shareholder returns while navigating commodity price and reserve uncertainties.
The company emphasised that exploration for oil and gas remains expensive and speculative, and that outcomes depend on recoverable reserves and production levels at its current and future properties. It also reiterated that information presented, particularly around future operations and financial prospects, is subject to significant uncertainty and should be weighed carefully by investors in light of their individual financial circumstances.
The most recent analyst rating on (AU:CUE) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.
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 to revised lifting arrangements at Indonesia’s Mahato PSC and infrastructure constraints affecting Australian liquids offtake. Operationally, the company advanced its Australian gas strategy by signing a letter of intent with Northern Territory Power and Water Corporation for long-term gas sales from the Mereenie and Palm Valley fields through 2034 and preparing a four-well development drilling campaign starting mid‑2026, while in Indonesia it continued planning for Phase 3 development at Mahato to expand production from the Telisa reservoir and progressed towards a final investment decision on the Paus Biru gas project, positioning the portfolio for future production growth and contracted revenue visibility.
The most recent analyst rating on (AU:CUE) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Cue Energy Resources Limited stock, see the AU:CUE Stock Forecast page.