Elixir Energy Limited (EXR) AI Stock Analysis

• Market Cap: AU$132.04M
• Dividend Yield: N/A
• Average Volume (3M): 3.98M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.10
• Revenue Growth: -100.00%
• EPS Growth: -2093.33%
• Country: AU
• Employees: 3
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.03
• Shares Outstanding: 1,760,527,700
• 10 Day Avg. Volume: 2,726,697
• 30 Day Avg. Volume: 3,981,519
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.16
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.67
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: AU$0.07 ▲(16.67% Upside)

The score is held back primarily by weak financial performance (zero FY2025 revenue, widened losses, and ongoing negative operating/free cash flow), which elevates funding risk. Technicals are supportive with a clear uptrend and positive momentum, but valuation remains constrained due to loss-making earnings and no dividend support.

Positive Factors

Strategic Resource Expansion

Securing long-term rights over substantial gas resources strengthens Elixir's strategic position, enabling future development and partnerships.

Partnerships and Collaborations

Collaborations with established players like QGC enhance Elixir's exploration capabilities and de-risk future projects, supporting long-term growth.

Leadership and Management

The appointment of an experienced CFO strengthens financial management and strategic execution, crucial for navigating growth phases.

Negative Factors

Negative Cash Flow

Consistently negative cash flow indicates ongoing cash burn, posing a risk to financial sustainability and requiring external funding.

Zero Revenue

Zero revenue highlights the lack of operational income, increasing reliance on external funding and impacting long-term viability.

Funding Risk

Ongoing losses elevate funding risk, potentially limiting growth opportunities and increasing dependency on capital markets.

Elixir Energy Limited Business Overview & Revenue Model

Company Description

Elixir Energy Limited (EXR) is an energy company engaged in the exploration and development of natural resources, primarily focusing on the oil and gas sector. The company operates in various regions, leveraging its expertise to identify and develop energy projects that contribute to sustainable energy solutions. Elixir Energy is committed to advancing its projects through strategic partnerships and innovative technologies to maximize resource potential and shareholder value.

How the Company Makes Money

Elixir Energy Limited generates revenue primarily through the exploration and development of oil and gas assets. The company focuses on identifying promising exploration targets and advancing them through the stages of development to commercialization. Revenue streams are derived from the sale of oil and gas produced from these assets, as well as potential joint ventures or partnerships that provide financial backing and shared expertise. Elixir Energy's earnings are influenced by factors such as commodity prices, operational efficiencies, and successful exploration outcomes. Strategic alliances and partnerships play a crucial role in providing the necessary capital and technology to advance their projects, thereby enhancing their revenue potential.

Elixir Energy Limited Financial Statement Overview

Summary

Elixir Energy Limited faces significant financial challenges, with persistent losses and negative cash flow from operations. While the company has managed to raise capital to support its operations, the ongoing negative profit margins and heavy reliance on financing highlight potential risks. The strong equity base and cash reserves offer some stability, but the company needs to address its revenue generation and cost management to improve its financial health.

Income Statement

Elixir Energy Limited shows a challenging income statement with a history of negative net income and EBIT due to high operational costs and low revenue generation. The revenue for the most recent year is insufficient to cover the operational and exploration expenses, resulting in negative profit margins. Despite some revenue growth in the last year, the consistent negative EBIT and net profit margins indicate financial strain.

Balance Sheet

Elixir Energy's balance sheet demonstrates a strong equity position relative to its total assets, with a low debt-to-equity ratio, indicating less reliance on debt financing. However, the company’s equity has been declining due to ongoing losses, which could pose a risk if the trend continues. The company maintains a substantial cash reserve, which provides some buffer against its liabilities.

Cash Flow

The cash flow statement highlights negative free cash flow and operating cash flow, reflecting substantial capital expenditures likely tied to exploration activities. Financing activities have been a critical source of liquidity, as indicated by consistent cash inflows in this area. However, the negative operating cash flow to net income ratio suggests operational challenges in generating cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	1.67M	0.00	0.00	0.00
Gross Profit	-7.78K	-23.33K	1.00M	-24.87K	-8.39K	-1.56K
EBITDA	-2.67M	-2.67M	-1.37M	-3.26M	-2.44M	-1.46M
Net Income	-41.21M	-41.21M	-1.59M	-2.94M	-1.98M	-1.51M
Balance Sheet
Total Assets	28.80M	28.80M	62.34M	43.33M	44.13M	45.18M
Cash, Cash Equivalents and Short-Term Investments	6.58M	6.58M	7.67M	9.56M	22.68M	32.78M
Total Debt	0.00	0.00	6.35M	46.96K	66.51K	0.00
Total Liabilities	639.52K	639.52K	8.80M	497.07K	2.03M	1.07M
Stockholders Equity	28.16M	28.16M	53.54M	42.84M	42.09M	44.11M
Cash Flow
Free Cash Flow	-14.89M	-6.97M	-23.19M	-13.19M	-9.73M	-5.11M
Operating Cash Flow	-2.44M	-2.44M	-1.36M	-1.73M	-1.60M	-1.28M
Investing Cash Flow	-4.49M	-4.38M	-21.15M	-11.46M	-8.12M	-3.83M
Financing Cash Flow	6.21M	5.73M	20.64M	-11.01K	9.72M	34.59M

Elixir Energy Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EXR, the sentiment is Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.06, and above the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.98 is Neutral, neither overbought nor oversold. The STOCH value of 50.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:EXR.

Elixir Energy Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
FAR	51 Neutral	AU$38.81M	18.92	3.41%	19.28%	―	―
EXR	50 Neutral	AU$132.04M	-2.28	-96.62%	―	-100.00%	-2093.33%
TDO	50 Neutral	AU$89.12M	-37.78	-14.52%	―	―	40.00%
HYT	44 Neutral	AU$38.36M	-10.45	-13.99%	―	―	―
JPR	42 Neutral	AU$32.02M	-10.87	-171.19%	―	-7.70%	-253.33%
HE8	40 Underperform	AU$36.34M	-8.46	-8.06%	―	-86.80%	27.78%

Elixir Energy Limited Corporate Events

Elixir Energy Secures 15-Year Retention Over Key Taroom Trough Gas Acreage

Elixir Energy Limited has secured a 15-year Potential Commercial Area (PCA356) over 100% of permit ATP2044 in Queensland’s Taroom Trough, following the tenement’s renewal. The 1,058km² PCA356 area hosts 1,362 BCFe of independently certified 2C contingent gas resources confirmed by the 2024 Daydream-2 exploration well, locking in a substantial resource base without partial relinquishment. Management described the award as a key strategic objective under Phase 1 of Elixir’s 2025 strategic plan, and noted that after further drilling and seismic work the company expects all of its roughly 500,000 net acres in the Taroom Trough to be eligible for similar long-term retention, underpinning joint de-risking and future commercialisation with partners including Shell, Santos and Omega.

Elixir Energy Announces Upcoming Shareholder Meeting

Elixir Energy Limited has announced a General Meeting of Shareholders scheduled for January 16, 2026, in Brisbane. Shareholders are encouraged to participate and can access meeting materials online. This meeting is an opportunity for stakeholders to engage with the company’s strategic direction and governance, reflecting Elixir Energy’s commitment to transparency and shareholder involvement.

Elixir Energy and QGC Collaborate on Seismic Data Acquisition in Taroom Trough

Elixir Energy Limited has entered into a data sharing agreement with QGC Pty Limited to acquire 3D seismic data over its ATP2077 Block-A, which will aid in de-risking the future Daydream-3 appraisal well. This collaboration enhances Elixir’s strategic positioning in the Taroom Trough, potentially impacting its operations by providing valuable geophysical data to support its exploration and development activities.

Elixir Energy Addresses ASX Query on Late Director’s Interest Notice

Elixir Energy Limited addressed a query from the ASX regarding a late lodgement of a Change of Director’s Interest Notice for Mr. Stuart Nicholls. The delay was attributed to an administrative oversight during a company secretary transition. Elixir Energy assured that they have adequate procedures in place to ensure compliance with ASX disclosure obligations, emphasizing that future disclosures will be timely and in accordance with the rules.

Elixir Energy Announces Director’s Shareholding Adjustment

Elixir Energy Limited has announced a change in the director’s interest, specifically involving Stuart Nicholls. The change includes the acquisition of 5,000,000 ordinary shares and the disposal of 2,000,000 shares to satisfy tax obligations. This adjustment in shareholding reflects the vesting and conversion of performance rights into fully paid ordinary shares, indicating a strategic financial maneuver to manage tax liabilities and optimize the director’s investment portfolio.

Elixir Energy Announces Director’s Interest Change

Elixir Energy Limited has announced a change in the director’s interest, with Stuart Nicholls acquiring 25 million performance rights and 10 million options, following shareholder approval at the 2025 AGM. This change reflects the company’s strategic moves to align leadership incentives with its long-term goals, potentially impacting its operational focus and stakeholder interests.

Elixir Energy Announces Director’s Interest Change

Elixir Energy Limited announced a change in the director’s interest notice, specifically related to Anna Sloboda. The announcement detailed the expiration of 1,000,000 unlisted options held indirectly by Mrs. Sloboda, reducing her total unlisted options to 3,000,000. This change reflects the ongoing management of director interests and securities within the company, which may impact stakeholder perceptions and the company’s financial strategies.

Elixir Energy Limited Announces New Securities Quotation

Elixir Energy Limited announced the issuance of 8,000,000 ordinary fully paid securities, which will be quoted on the ASX. This move is part of the company’s strategy to enhance its financial standing and support its ongoing projects, potentially impacting its market position and offering new opportunities for stakeholders.

Elixir Energy Completes Significant Share Placement with Omega Oil & Gas

Elixir Energy Limited has issued 339,905,533 fully paid ordinary shares to Omega Oil & Gas Limited as part of a two-tranche placement. This move, executed without the need for investor disclosure under specific provisions of the Corporations Act, signifies a strategic financial maneuver to bolster Elixir’s capital, potentially enhancing its operational capacity and market positioning.

Elixir Energy Limited Announces Cessation of 1 Million Securities

Elixir Energy Limited announced the cessation of 1,000,000 securities due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and could influence its market positioning by affecting investor perceptions and future financing options.

Elixir Energy to Host Webinar on Strategic Transaction

Elixir Energy Limited announced a webinar hosted by its Managing Director and CEO, Stuart Nicholls, to discuss the outcomes of a significant transaction with Omega Oil & Gas as part of a two-tranche placement. This event signifies Elixir Energy’s strategic moves to strengthen its position in the energy market and engage with stakeholders through direct communication.

Elixir Energy Limited Announces Proposed Securities Issue

Elixir Energy Limited has announced a proposed issue of 65,365,854 ordinary fully paid securities, scheduled for issuance on January 21, 2026. This strategic move is likely aimed at raising capital to support the company’s ongoing projects and operations, potentially enhancing its market position and offering growth opportunities for stakeholders.

Elixir Energy Limited Announces Proposed Securities Issue

Elixir Energy Limited announced a proposed issue of up to 339,905,533 ordinary fully paid securities, set to be issued on December 2, 2025. This move is part of the company’s strategy to raise capital, which could potentially strengthen its financial position and support its growth initiatives in the energy sector.

Elixir Energy Secures $16.6 Million Investment to Propel Strategic Plan

Elixir Energy Limited has announced a significant capital raise of $16.6 million, primarily supported by Omega Oil and Gas Limited’s investment of $14.6 million for a 19.43% stake. This funding will advance Elixir’s strategic plan into Phase 2, facilitating the development of its Taroom Trough assets through initiatives like the Lorelle-3 appraisal well campaign. The investment underscores the potential of Elixir’s assets to address the east coast energy market’s needs and supports the company’s efforts to convert contingent resources into reserves.

Elixir Energy Initiates Trading Halt Amid Potential Acquisition

Elixir Energy Limited has requested a trading halt on its securities pending an announcement regarding a potential material acquisition of shares in the company. The halt will remain in effect until the company releases the announcement or normal trading resumes on November 25, 2025. This move indicates a significant strategic development that could impact Elixir’s market position and stakeholder interests.

Elixir Energy Advances Lorelle-3 Drilling Campaign in Taroom Trough

Elixir Energy Limited has announced the execution of a rig contract with Helmerich & Payne for the drilling of the Lorelle-3 appraisal well in Queensland’s Taroom Trough. This well, which is part of a high-impact drilling campaign, is set to commence mobilization in January 2026. The project aims to explore the Permian sandstone targets and could significantly impact Elixir’s operations by validating the quality of their acreage. The drilling is strategically aligned with Shell’s operations, potentially enhancing Elixir’s industry positioning and offering substantial tax incentives for the qualifying activities.

Elixir Energy Calls for Urgent Action to Prevent East Coast Energy Crisis

Elixir Energy Limited has highlighted the urgent need to unlock a new multi-trillion cubic feet (TCF) gas resource on the East Coast to avert a potential energy crisis or the collapse of Queensland’s export industry. The company emphasizes the importance of addressing the growing gap between supply and demand in the southern states, as well as the rising gas prices in major cities like Adelaide, Brisbane, and Sydney. This initiative is crucial for maintaining thousands of jobs and ensuring energy security in the region.

Elixir Energy Expands Gas Resources in Taroom Trough

Elixir Energy Limited has announced an increase in its 2C Contingent Gas Resources by 189 BCFe in the ATP2077 Block-B, located on the western flank of the Taroom Trough. This addition brings the company’s total gas resources in the area to approximately 2.8 TCFe, highlighting its strong position in the Basin Centred Gas Play. The new resources, independently certified by Sproule ERCE, reflect the company’s strategic focus on expanding its resource base, potentially enhancing its market positioning and offering significant implications for stakeholders.

Elixir Energy Secures $3.861 Million R&D Tax Refund

Elixir Energy Limited has received a $3.861 million R&D tax refund, which will support its ongoing Taroom Trough Lorelle-3 appraisal drilling campaign and the Diona-1 production testing. This financial boost is crucial for the company’s forward funding strategy, potentially enhancing its operational capabilities and market positioning.

Elixir Energy Issues 10 Million Shares Under Compliance

Elixir Energy Limited has announced the issuance of 10,000,000 shares as of November 3, 2025, without disclosure to investors under specific provisions of the Corporations Act 2001. The company has complied with necessary legal requirements and there is no undisclosed information that would affect investors’ informed assessment of the company’s financial position or the rights attached to the shares.

Elixir Energy Limited Announces Quotation of New Securities on ASX

Elixir Energy Limited has announced the quotation of 10 million fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code EXR. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence, which could have positive implications for its stakeholders and future operations.

Elixir Energy Issues New Securities to Boost Employee Engagement

Elixir Energy Limited has announced the issuance of 40,000,000 performance rights and 12,000,000 options 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 market positioning.

Elixir Energy Limited Announces Proposed Securities Issue

Elixir Energy Limited has announced a proposed issue of 10 million ordinary fully paid securities, with the issue date set for November 3, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its market position by increasing its financial resources for future projects and operations.

Elixir Energy Appoints New CFO Amidst Strategic Growth Phase

Elixir Energy Limited has appointed Mr. Justin Ferravant as the new Chief Financial Officer and Company Secretary, succeeding Ms. Vicky Allinson. This appointment comes at a crucial time as the company is entering a period of increased operational activity, with a focus on strategic execution and financial management. Mr. Ferravant brings over 25 years of experience in the energy and resources sectors, having held senior positions at Origin Energy and Santos Limited. His expertise in financial management and strategic project delivery is expected to provide strong financial leadership as Elixir advances its growth programs.

Elixir Energy Advances Strategic Drilling Operations in Taroom Trough

Elixir Energy Limited has successfully drilled and logged the Diona-1 well, marking a significant step in its strategic plan. The company is set to conduct flow testing at Diona-1 and plans to drill the high-impact Lorelle-3 appraisal well in January 2026, leveraging collaboration with Shell for advanced drilling technology. With substantial progress in its operations and strategic positioning in the Taroom Trough, Elixir aims to confirm the continuity of its gas plays and enhance shareholder value.

Elixir Energy Advances Key Queensland Gas Projects

Elixir Energy Limited has announced significant progress in its Queensland operations, particularly with the Diona-1 and Lorelle-3 projects. The company has resumed operatorship of the Diona-1 permit and is planning multi-stage stimulation and production testing this quarter, which could lead to early production and cash flow due to the site’s proximity to existing infrastructure. Additionally, Elixir has secured terms for the use of a high-efficiency drilling rig for the Lorelle-3 well, which is set to be one of the highest impact wells in the Taroom Trough in 2026, demonstrating strong collaboration with Shell.

Elixir Energy Passes All Resolutions at 2025 AGM

Elixir Energy Limited announced that all resolutions were passed at its 2025 Annual General Meeting. The successful passing of these resolutions, including the re-election of a director and approval of an employee incentive plan, indicates strong shareholder support and positions the company for continued strategic development.

Elixir Energy Shifts Focus to Australian Gas Market with Taroom Trough Success

Elixir Energy Limited has strategically pivoted its operations to focus on the Australian Eastern Seaboard gas market, specifically the Taroom Trough, due to its significant infrastructure advantages and exploration potential. The company has achieved notable successes with the Daydream #2 and Diona #1 projects, demonstrating the recoverability of gas resources and paving the way for commercial development. This shift aligns with the growing recognition by Australian governments of the critical role natural gas will play in the country’s energy future, and Elixir is positioning itself as a key player in this evolving landscape.

Elixir Energy’s Strategic Expansion on the East Coast

Elixir Energy Limited’s Annual General Meeting in October 2025 highlights the company’s ongoing efforts to build a significant energy resource on the East Coast. The leadership team, composed of experienced industry professionals, underscores Elixir’s strategic focus on expanding its energy footprint, which could have substantial implications for the company’s market positioning and stakeholder interests.

Director’s Share Acquisition at Elixir Energy Limited

Elixir Energy Limited announced a change in the director’s interest, specifically involving Stuart Nicholls. Nicholls acquired 1,108,666 ordinary shares on the market at a price of $0.045 per share, increasing his indirect interest to a total of 5,158,666 ordinary shares. This transaction reflects a strategic move by the director, potentially signaling confidence in the company’s future performance and stability, which could impact stakeholder perceptions and market positioning.

Elixir Energy Unveils Promising Gas Discovery at Diona-1 Well

Elixir Energy Limited has announced the discovery of 23 meters of net gas pay at its Diona-1 exploration well in the Surat-Bowen Basin, Queensland. The discovery, which spans three zones within the Permian section, indicates a potential new gas resource that could lead to production and cash flow generation. The company plans to proceed with flow testing to confirm the discovery and assess the potential for rapid market entry, leveraging nearby infrastructure.

Elixir Energy Initiates Trading Halt Pending Exploration Results

Elixir Energy Limited has requested a trading halt on its securities pending an announcement regarding the results of its Diona-1 exploration well. This move indicates a potentially significant development in the company’s exploration activities, which could impact its market positioning and stakeholder interests. The trading halt will remain in effect until the announcement is made or normal trading resumes on 8 October 2025.

The most recent analyst rating on (AU:EXR) stock is a Buy with a A$0.19 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.

Xstate Resources Advances Diona-1 Drilling in Queensland

Xstate Resources Limited has announced progress in its Diona-1 well drilling operations within the Diona Block of ATP 2077 in the Surat-Bowen Basin, Queensland. The company has successfully registered its 51% interest in ATP 2077 and is currently drilling towards the Showgrounds formation, with expectations to reach it soon. The Diona project is strategically located near existing gas infrastructure, offering a potential rapid path to market for any hydrocarbon discoveries. The well targets three proven hydrocarbon reservoirs and presents a promising risk-reward proposition with a 55% chance of geological success.

The most recent analyst rating on (AU:EXR) stock is a Buy with a A$0.19 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.