Elixir Energy Limited (AU:EXR)
ASX:EXR
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Elixir Energy Limited
(Sydney:EXR)
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Rating:43Neutral
Price Target:
AU$0.10
▲(68.33% Upside)
Action:Reiterated
Date:05/27/26
The score is primarily held down by weak financial performance (widening losses, irregular/zero revenue, and ongoing cash burn), with only partial support from a relatively low-leverage balance sheet. Technical indicators also lean bearish (below key moving averages with negative MACD), and valuation is difficult to support due to loss-making status and no dividend yield data.
Positive Factors
Balance Sheet Strength
The company’s balance sheet reports positive equity (~28.2M) and a generally debt-light position, providing a multi-quarter buffer against near-term obligations. This financial headroom gives management optionality to pursue farm-outs or selective appraisal without immediate distressed financing pressure.
Negative Factors
Profitability Deterioration
The sharp deterioration to a ~41.2M loss in FY2025 from ~1.6M the prior year, alongside zero reported revenue, indicates large nonoperational charges or write‑downs and unstable earnings. Such volatility erodes shareholder equity and undermines the company’s ability to fund project milestones from operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
The company’s balance sheet reports positive equity (~28.2M) and a generally debt-light position, providing a multi-quarter buffer against near-term obligations. This financial headroom gives management optionality to pursue farm-outs or selective appraisal without immediate distressed financing pressure.
Read all positive factors
Elixir Energy Limited (EXR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$196.24M
Dividend YieldN/A
Average Volume (3M)3.98M
Price to Earnings (P/E)―
Beta (1Y)2.68
Revenue GrowthN/A
EPS Growth-1161.54%
CountryAU
Employees3
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.03
Shares Outstanding1,868,912,600
10 Day Avg. Volume2,726,697
30 Day Avg. Volume3,981,519
Financial Highlights & Ratios
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 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
Elixir Energy Limited Business Overview & Revenue Model
Company Description
Elixir Energy Limited is an explorer and developer of natural gas and hydrogen resources, with operations spanning Australia, Mongolia, and the United States. A cornerstone asset is its wholly-owned Nomgon project, an expansive coal-bed methane pr...
How the Company Makes Money
Elixir Energy’s business model is to create value from upstream gas assets through a combination of (1) farm-outs and joint ventures where partners fund or share the cost of exploration/appraisal in exchange for an interest in a project, (2) poten...
Elixir Energy Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
54
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 1.67M | 0.00 | 0.00 | 0.00 |
| Gross Profit | -9.43K | -23.33K | 1.00M | -24.87K | -8.39K | -1.56K |
| EBITDA | -3.28M | -2.67M | -1.37M | -3.26M | -2.44M | -1.46M |
| Net Income | -41.43M | -41.21M | -1.59M | -2.94M | -1.98M | -1.51M |
Balance Sheet | ||||||
| Total Assets | 43.91M | 28.80M | 62.34M | 43.33M | 44.13M | 45.18M |
| Cash, Cash Equivalents and Short-Term Investments | 20.58M | 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 | 3.19M | 639.52K | 8.80M | 497.07K | 2.03M | 1.07M |
| Stockholders Equity | 40.72M | 28.16M | 53.54M | 42.84M | 42.09M | 44.11M |
Cash Flow | ||||||
| Free Cash Flow | -4.13M | -6.97M | -23.19M | -13.19M | -9.73M | -5.11M |
| Operating Cash Flow | -2.87M | -2.44M | -1.36M | -1.73M | -1.60M | -1.28M |
| Investing Cash Flow | 175.36K | -4.38M | -21.15M | -11.46M | -8.12M | -3.83M |
| Financing Cash Flow | 20.99M | 5.73M | 20.64M | -11.01K | 9.72M | 34.59M |
Elixir Energy Limited Technical Analysis
Negative
0.06
Price Trends
0.13
Negative
0.11
Negative
0.08
Positive
Market Momentum
>-0.01
Negative
40.99
Neutral
26.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EXR, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.13, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 40.99 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:EXR.
Elixir Energy Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | AU$77.31M | 10.86 | 12.05% | 13.04% | 12.55% | -25.19% | |
67 Neutral | AU$80.62M | 28.66 | 2.32% | 6.72% | 30.05% | 614.71% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
58 Neutral | AU$51.94M | 11.00 | 11.28% | ― | 29.92% | 6000.00% | |
47 Neutral | AU$155.54M | -46.00 | -4.27% | ― | ― | -16.67% | |
44 Neutral | AU$53.77M | -12.49 | -5.81% | ― | ― | 34.09% | |
43 Neutral | AU$196.24M | -3.73 | -120.28% | ― | ― | -1161.54% |
* Energy Sector Average
AU:EXR
Elixir Energy Limited
0.11
0.08
275.00%
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0.13
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Cue Energy Resources Limited
0.11
>-0.01
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Central Petroleum Limited
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Elixir Energy Limited Corporate Events
Elixir Energy Director Increases Indirect Shareholding via On‑Market Purchase
May 26, 2026
Elixir Energy has disclosed a change in director Stuart Nicholls’ indirect interests, with an associated entity acquiring 100,000 fully paid ordinary shares on market at $0.11 per share. Following this transaction, Nicholls’ indirect h...
Elixir pauses Diona-1 flow test as it targets resource booking and future horizontal development
May 26, 2026
Elixir Energy has paused flow testing at its Diona-1 exploration well in Queensland’s Surat-Bowen Basin to install artificial lift systems, after the vertical well recovered about 46% of injected stimulation fluids but was unable to naturall...
Elixir Energy Showcases Integrated Advisory and Low-Carbon Expertise
May 21, 2026
Elixir Energy Limited highlighted its integrated advisory and operational capabilities across the energy value chain, emphasizing services that span from boardroom strategy to on-site asset management. The firm positions itself as a provider of te...
Elixir Energy advances Diona-1 gas flow testing in Surat-Bowen Basin
May 10, 2026
Elixir Energy Limited has reported successful stimulation and completion of the Diona-1 exploration well in the ATP2077 Diona sub-block in Queensland’s Surat-Bowen Basin, where it holds a 49% interest alongside operator Xstate Resources with...
Elixir Energy Seeks ASX Quotation for New Share Issue
May 8, 2026
Elixir Energy Limited has applied for quotation on the ASX of 962,384 new fully paid ordinary shares, issued on May 8, 2026. The new securities arise from the exercise or conversion of existing options or other convertible instruments, modestly in...
Elixir Energy Reports Positive Stimulation Results at Diona-1 Gas Well
May 3, 2026
Elixir Energy has provided an operational update on the Diona-1 exploration well in the Surat-Bowen Basin, where it holds a 49% interest alongside joint venture partner Xstate Resources. The company’s assets benefit from proximity to major g...
Elixir Energy Starts Fracture Stimulation and Testing at Diona-1 Well
Apr 27, 2026
Elixir Energy has begun rigging up stimulation equipment at its Diona-1 exploration well in Queensland’s Surat-Bowen Basin, marking the imminent start of a three-zone fracture stimulation program targeting measured Permian gas-condensate pay...
Elixir Energy Director Trims Indirect Shareholding in Routine On-Market Trade
Apr 24, 2026
Elixir Energy has disclosed a change in the relevant interests of director Richard Cottee, primarily involving indirect holdings through superannuation and family entities. The filing indicates that Cottee’s indirect interest via Mamdal Pty ...
Elixir Energy Boosts Taroom Trough Gas Resources by 24% After New Seismic Work
Apr 23, 2026
Elixir Energy has secured independent certification for 662 billion cubic feet equivalent of new net 2C contingent gas resources, including condensate, in permit ATP2057 on the western flank of Queensland’s Taroom Trough. The new booking fol...
Elixir Energy Hits Key Drilling Milestones and Strengthens Funding in Taroom Trough Push
Apr 22, 2026
Elixir Energy reported a highly active quarter marked by the successful drilling, coring, logging and casing of its Lorelle-3/3H appraisal wells in ATP2056, all delivered on schedule and within budget. The Lorelle-3 pilot intersected four material...
Elixir Energy Discloses Director’s Updated Equity Holdings After Incentive Vesting
Apr 14, 2026
Elixir Energy has reported a change in the indirect holdings of director Stuart Nicholls, reflecting the vesting and conversion of 5 million performance rights into fully paid ordinary shares under the company’s employee incentive plan. Foll...
Elixir Energy Seeks Quotation for 11 Million New ASX Shares
Apr 10, 2026
Elixir Energy Limited has applied for the quotation of 11,000,000 new ordinary fully paid shares on the ASX, with an issue date of 10 April 2026. The additional securities arise from the exercise or conversion of existing instruments, modestly exp...
Elixir Energy and APA launch Taroom Trough pipeline feasibility for Wallumbilla link
Apr 9, 2026
Elixir Energy has signed an Early Works Agreement with APA Group to assess the most cost-effective and rapid pipeline route to transport gas from a planned Lorelle pilot project in the Taroom Trough to Queensland’s Wallumbilla Gas Hub. The s...
Elixir Energy Director Increases Shareholding Through On-Market Purchase
Apr 1, 2026
Elixir Energy Limited has disclosed a change in director Anna Sloboda’s interests in the company’s securities, indicating an increase in her indirect and direct shareholdings. Sloboda acquired 200,000 fully paid ordinary shares on-mark...
Elixir Energy completes Teelba seismic survey to advance Taroom Trough gas resource
Mar 29, 2026
Elixir Energy has completed its Teelba 2D seismic survey at ATP2057 in Queensland’s Taroom Trough on schedule and on budget, acquiring 225 km of modern high-resolution data over some of its most prospective western acreage. The survey area l...
Elixir Energy Director Increases Indirect Shareholding
Mar 20, 2026
Elixir Energy has disclosed a change in director Peter Stickland’s indirect interest in the company’s shares, lodged under ASX listing rule 3.19A.2. The notice records that 110,000 fully paid ordinary shares were purchased on market at...
Elixir Energy Issues 10 Million New Shares Under Section 708A
Mar 19, 2026
Elixir Energy Limited has issued 10 million new EXR shares on 18 March 2026, increasing its share capital without providing a prospectus or other disclosure document under Part 6D.2 of the Corporations Act. The company states that this issuance co...
Elixir Energy Seeks ASX Quotation for 10 Million New Shares
Mar 19, 2026
Elixir Energy has applied to the ASX for quotation of 10,000,000 new ordinary fully paid shares, with an issue date of March 18, 2026. The move expands the company’s quoted capital base, potentially supporting future funding capacity and liq...
Elixir Energy director lifts indirect stake with on-market share purchase
Mar 19, 2026
Elixir Energy Limited has disclosed a change in director Stuart Nicholls’ indirect interest in the company, with entities associated with him purchasing 1.1 million fully paid ordinary shares on market at $0.0902 per share. Following this tr...
Elixir Energy Plans Placement of Up to 10 Million New Shares
Mar 18, 2026
Elixir Energy Limited has notified the ASX of a proposed equity issue involving up to 10,000,000 new ordinary fully paid shares. The securities will be issued via a placement or similar mechanism, with the proposed issue date set for 18 March 2026...
Elixir Energy Positions Taroom Trough Gas Play as Queensland’s Next Major Supply Hub
Mar 16, 2026
Elixir Energy is advancing a significant gas resource in Queensland’s Taroom Trough, positioned near the Wallumbilla Gas Hub, multiple pipelines to Gladstone’s ~25 mtpa LNG capacity, and two state refineries, which together enhance rou...
Elixir Energy mobilises Teelba 2D seismic to advance Taroom Trough gas play
Mar 5, 2026
Elixir Energy has begun mobilising contractor Terrex Seismic’s fleet and equipment for the Teelba 2D seismic campaign in ATP2057, on the western flank of Queensland’s Taroom Trough. The three‑week program will acquire 200 km of n...
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.