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Elixir Energy Limited
(Sydney:EXR)
Elixir Energy Limited (EXR) vs. iShares MSCI Australia ETF (EWA)
Elixir Energy Limited Business Overview & Revenue Model
Elixir Energy Limited Financial Statement Overview
| 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
Elixir Energy Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
51 Neutral | AU$55.45M | -3.09 | 3.29% | 19.28% | ― | ― | |
50 Neutral | AU$169.92M | -13.93 | -120.28% | ― | -100.00% | -2093.33% | |
44 Neutral | AU$28.35M | -6.11 | -9.86% | ― | ― | ― | |
44 Neutral | AU$41.94M | -29.16 | -15.00% | ― | ― | 40.00% | |
42 Neutral | AU$32.04M | -13.04 | -399.55% | ― | -7.70% | -253.33% | |
42 Neutral | AU$33.49M | -16.43 | -7.91% | ― | -86.80% | 27.78% |
Elixir Energy Limited Corporate Events
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 routes to domestic and export markets. The company highlights an independently certified multi-TCF resource base, established flows of low-impurity gas and oil using North American technologies, and gas quality that meets pipeline specifications, suggesting potential for low development costs and competitive positioning in Australia’s next major energy supply region.
Commercialisation of the Taroom Trough play is being led by a supermajor, underscoring the basin’s perceived scale and attractiveness to large industry participants. Located within a prolific coal seam gas province with broad oilfield services availability, the project’s combination of resource scale, infrastructure proximity, and cost profile could strengthen Elixir’s role in supplying the East Coast gas market and support future growth if development proceeds as anticipated.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
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 new 2D seismic over highly prospective ground targeting thick Permian sand packages on trend with Shell’s wells and Elixir’s Lorelle‑3 pilot, where modern seismic has correlated strongly with strong petrophysical results.
Although ATP2057 currently carries no contingent resource, Elixir says the new high‑resolution seismic may support future independent certification of gas and condensate volumes. Completion and processing of the survey will also satisfy the work and permit commitments under Elixir’s 50% farm‑in with Santos Limited, reinforcing the project’s progression and partnership framework in a strategically located part of Queensland’s onshore gas industry.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy has achieved a key operational milestone at its high-impact Lorelle-3H appraisal well in Queensland, drilling and casing the heel of the horizontal well through the overlying Wallabella coal and into the Tinowon ‘Dunk’ Sandstone. This step materially de-risks the forthcoming horizontal drilling phase aimed at testing the productivity of multiple gas and gas‑condensate charged reservoirs identified in earlier evaluation work.
The company has also incorporated the results of an SLB optimisation study to pinpoint the best zone within 28 metres of net pay in the Dunk Sands for the horizontal section, seeking to maximise stimulation efficiency and reservoir drainage. Elixir now plans to drill more than 1,000 metres of horizontal wellbore with full logging-while-drilling, ahead of multi-stage fracture stimulation and flow testing that will be critical in determining the resource’s commercial potential and the project’s future development path.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy has secured a debt facility of up to $10 million from Endpoints Capital to forward-fund a portion of the research and development costs for its high-impact Lorelle-3 appraisal well in Queensland’s Taroom Trough. The funding is backed by an AusIndustry Advance Finding that allows up to a 48.5% refund on eligible drilling, analysis, completion and testing costs through the federal Research and Development Tax Incentive.
The facility, which carries a 1% drawdown fee and a capitalised interest rate of 15.75%, enables Elixir to access up to 80% of its expected FY26 R&D tax refund ahead of receipt, improving working capital during an intense operational period. Management says the structure, secured solely against the FY26 R&D refund and without equity-linked instruments, will support the Lorelle-3 campaign alongside the Diona-1 completion and Teelba 2D seismic program, enhancing the company’s financial flexibility as it advances appraisal of its contingent gas resources in the Taroom Trough.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Xstate Resources has reported an operational update on the Diona-1 well in Queensland’s Surat-Bowen Basin, where post-drilling analysis of cuttings has upgraded reservoir quality across several Permian targets. The joint venture has confirmed good porosity and permeability indications, supported by a strong cement bond log that allows all planned zones to be tested as originally designed.
Over the coming weeks, the partners will secure contractors and equipment to run a comprehensive formation stimulation and testing program from the Bandanna Formation to the Wallabella Wash. Perforation work in the lowermost Wallabella Wash will inform an extended leak-off test and help finalise the full stimulation design, with the main stimulation phase slated to start in late March or early April 2026, subject to service availability.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy has reported steady progress on its Lorelle‑3 appraisal well in Queensland’s Taroom Trough, having drilled the top hole and intermediate section to 2,320 metres and commenced running casing before moving on to the key reservoir section. The two‑phase program will see Lorelle‑3 drilled to 3,600 metres with coring and extensive logging across multiple Permian sandstone targets, followed by a 1,000‑metre horizontal sidetrack into the primary Dunk member of the Tinowon Sandstone for stimulation and production testing, with costs eligible for a significant refund under Australia’s R&D tax incentive. Positioned near Shell’s Dunk‑1 discovery and as the first well on the upper western flank of the Taroom Trough outside Shell’s acreage, Lorelle‑3 is flagged as one of the highest‑impact wells in the area this year and is intended to demonstrate commercial gas and condensate flows that could underpin a maiden reserve conversion and materially de‑risk Elixir’s substantial Taroom Trough position.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy has strengthened its balance sheet and strategic position in the Taroom Trough after Omega Oil and Gas acquired a 19.43% stake as part of a $16.6 million capital raising, alongside additional investment from Nero Resource Fund, enabling the company to advance to Phase 2 of its strategic plan targeting maiden gas reserves. During the quarter, Elixir expanded the Lorelle-3 appraisal program to include a horizontal sidetrack and multi-stage fracture stimulation, secured AusIndustry R&D tax incentive qualification for the well, increased its 2C contingent resources in the Taroom Trough to about 2.8 trillion cubic feet equivalent, entered a data sharing and ingress agreement with Shell-owned QGC for 3D seismic acquisition, and obtained a 15-year retention licence over ATP2044, finishing the period with about $21 million in cash and further inflows pending, positioning it for potentially company-defining drilling and testing outcomes in the coming quarter.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy has issued 75,422,501 fully paid ordinary shares under the second tranche of a previously announced placement to Omega Oil & Gas, Nero Resource Fund, and Sternship Advisors, following shareholder approval at its January 16, 2026 general meeting. The company has confirmed that the shares were issued without a prospectus under the relevant Corporations Act provisions, and stated it remains compliant with continuous disclosure and financial reporting obligations, with no additional material information withheld that investors would reasonably need to assess the company or the rights attached to the new shares.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy Limited has applied to the ASX for quotation of 65,365,854 new fully paid ordinary shares, expanding its listed capital base. The issuance, tied to a previously flagged transaction, will increase the company’s free float and liquidity, potentially broadening its shareholder register and providing additional financial flexibility for future operational and strategic initiatives.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy Limited has applied to the ASX for quotation of 10,056,647 new fully paid ordinary shares, to trade under its existing EXR ticker. The new securities, issued on 21 January 2026 as part of previously announced transactions, will expand the company’s quoted share capital, potentially enhancing liquidity for investors and supporting its ongoing corporate and funding activities.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy has disclosed a change in the indirect shareholding of director Stuart Nicholls, following the vesting and conversion of 5 million performance rights into fully paid ordinary shares held via the Nicholls Family Trust and associated superannuation account. After the transaction, Nicholls’ related entities collectively hold 11,158,666 ordinary shares, 10 million options and 15 million performance rights, with 2 million shares sold on-market at $0.0815 solely to meet tax obligations arising from the incentive vesting, a trade that took place in a closed period with prior written clearance from the company, underscoring adherence to governance and disclosure requirements.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy Limited has applied to the Australian Securities Exchange for quotation of 8,000,000 new ordinary fully paid shares, to trade under its existing ticker EXR. The new securities, issued on 21 January 2026, will expand the company’s quoted share capital base, potentially enhancing liquidity for investors and providing Elixir Energy with additional equity to support its ongoing corporate and operational activities.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy Limited has reported the outcomes of its 16 January 2026 General Meeting, noting that voting results have been recorded in line with Australian corporate disclosure requirements. While specific resolutions were not detailed in the announcement, the release confirms that the meeting proceeded and results were formally lodged, providing procedural transparency for shareholders and aligning the company with governance obligations.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy Limited has applied to the ASX for quotation of 3,000,000 new fully paid ordinary shares (code EXR), following the exercise or conversion of existing options or other convertible securities. The new securities, issued on 31 December 2025, will increase the company’s quoted share base, providing additional tradable equity for investors and modestly expanding the firm’s capital structure ahead of the 2026 trading year.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy Limited has appointed Peter John Stickland as a director effective 1 January 2026. An initial director’s interest notice lodged with the ASX confirms that Stickland currently holds no relevant interests in the company’s securities either directly or indirectly, and has no disclosed interests in contracts with the company, indicating that he joins the board without an equity stake at this stage.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy Limited has appointed Anthony Ashton Tarr as a director, effective 1 January 2026, and has lodged an Initial Director’s Interest Notice with the ASX. The filing confirms that Tarr currently holds no relevant interests in the company’s securities and has no interests in contracts relating to Elixir, signalling a governance update without immediate implications for the company’s capital structure or ownership profile.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Omega Oil and Gas has appointed two nominees, existing Omega non-executive director Peter Stickland and independent nominee Anthony Tarr, to the board of Elixir Energy as casual vacancies, following Omega’s acquisition of a 19.43% stake in Elixir via a $13.9 million placement and a planned further $0.68 million participation in a conditional second tranche. The move deepens Omega’s strategic influence and access to data across the Taroom Trough, particularly on the western flank, enhancing its basin knowledge and governance input at Elixir while supporting a busy 2026 drilling campaign, including the Lorelle-3 well, which is seen as a potential near-term value catalyst and part of Omega’s broader, well-funded appraisal and growth program in the region.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
Elixir Energy has strengthened its board following Omega Oil and Gas’s recent acquisition of a 19.43% stake through a $16.6 million capital raising, with Omega exercising its right to nominate two directors. Industry veteran Peter Stickland and energy and resources executive Anthony Tarr have been appointed effective 1 January 2026, supported by a conflict and confidentiality protocol to manage joint venture-related information, a move the company says will bolster governance, strategic oversight and capital discipline at a pivotal stage in its growth.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
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 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.