Top Page
Finder Energy Holdings Limited
(Sydney:FDR)
Finder Energy Holdings Limited (FDR) vs. iShares MSCI Australia ETF (EWA)
Finder Energy Holdings Limited Business Overview & Revenue Model
Finder Energy Holdings Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 2.65M | 0.00 | 0.00 |
| Gross Profit | 0.00 | -5.54K | 0.00 | 2.65M | 0.00 | 0.00 |
| EBITDA | 4.76M | 3.78M | -4.26M | -2.50M | -4.18M | -2.68M |
| Net Income | 7.17M | 3.77M | -4.24M | -2.48M | -6.26M | -2.01M |
Balance Sheet | ||||||
| Total Assets | 10.73M | 8.45M | 6.99M | 10.09M | 11.20M | 13.35M |
| Cash, Cash Equivalents and Short-Term Investments | 7.33M | 4.73M | 6.42M | 9.51M | 10.70M | 2.76M |
| Total Debt | 0.00 | 95.93K | 115.49K | 50.44K | 0.00 | 4.20M |
| Total Liabilities | 679.83K | 891.40K | 10.08M | 9.85M | 9.86M | 9.39M |
| Stockholders Equity | 10.05M | 7.55M | -3.09M | 238.03K | 1.34M | 3.96M |
Cash Flow | ||||||
| Free Cash Flow | -6.62M | -4.71M | -3.17M | -3.61M | -2.32M | 253.23K |
| Operating Cash Flow | -5.12M | -4.71M | -3.17M | -3.61M | -2.32M | 253.23K |
| Investing Cash Flow | -4.39M | -2.97M | -2.27K | 2.27M | 9.98M | -577.41K |
| Financing Cash Flow | 8.67M | 5.78M | 86.73K | 67.25K | 920.60K | 919.36K |
Finder Energy Holdings Limited Technical Analysis
Finder Energy Holdings 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% | |
52 Neutral | AU$23.98M | 43.33 | 2.14% | ― | -22.76% | ― | |
51 Neutral | AU$83.04M | -55.56 | -13.64% | ― | ― | 30.77% | |
50 Neutral | AU$23.21M | -2.03 | -59.58% | ― | 4.41% | -49.06% | |
48 Neutral | AU$198.34M | 20.94 | 168.99% | ― | ― | ― | |
45 Neutral | AU$21.08M | -12.50 | -1.94% | ― | ― | 89.19% | |
41 Neutral | AU$9.23M | -1.07 | -43.14% | ― | ― | 27.59% |
Finder Energy Holdings Limited Corporate Events
Finder Energy Holdings Limited has applied to the Australian Securities Exchange (ASX) for the quotation of additional fully paid ordinary shares under its ticker FDR. The company is issuing 1,000,000 new ordinary shares, effective 22 January 2026, arising from the exercise or conversion of existing options or other convertible securities, modestly expanding its listed equity base and providing additional tradable stock for investors.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has disclosed a change in the indirect interests of director Damon Neaves, reflecting his participation in a previously announced capital placement. Through a family trust structure, Neaves acquired 135,135 additional fully paid ordinary shares for approximately A$49,999.95 as part of Tranche 2 of the company’s placement, increasing his total holding while leaving his performance rights unchanged. The transaction underscores ongoing board-level support for the company’s capital-raising activities and signals continued alignment between management and shareholders as Finder Energy strengthens its funding base.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has disclosed a change in director Shane Westlake’s interests in the company’s securities, following his participation in Tranche 2 of a previously announced share placement. Westlake acquired 67,568 fully paid ordinary shares for approximately $25,000, increasing his direct holding to 2,279,209 fully paid ordinary shares while retaining 7,570,000 performance rights, with no changes to his indirect holdings via his spouse. The transaction signals director support for the company’s latest capital raising, which may be interpreted by investors as a vote of confidence in Finder Energy’s strategic direction and funding position.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has disclosed a change in director Bronwyn Barnes’ indirect interests in the company’s securities, following her participation in Tranche 2 of a previously announced capital placement. Through related entities, Ms Barnes has acquired 270,270 fully paid ordinary shares for approximately A$100,000, increasing her overall indirect shareholding while retaining her existing 2,541,667 shares and 800,000 options, a move that signals continued board-level confidence and alignment with shareholders as the company progresses its capital-raising strategy.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has disclosed a change in director Frederick Wehr’s interests in the company’s securities, in line with ASX listing requirements. Through a related entity and jointly with a family member, Wehr has increased his holding by 81,081 fully paid ordinary shares, bringing his total direct and indirect shareholding to 706,081 shares, while his existing options remain unchanged. The additional shares were acquired for approximately $29,999.97 via participation in Tranche 2 of a previously announced placement, signaling continued director support for the company’s equity raising efforts and alignment of management interests with shareholders ahead of the company’s upcoming ASX trading milestones and option expiry timelines.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has issued 37,233,008 fully paid ordinary shares, termed Amplus Shares, at a nil exercise price to Amplus Energy (Holdings) Limited or its nominees, in line with earlier disclosures to the ASX. The company has lodged a cleansing notice stating that the shares were issued without a prospectus under the Corporations Act exemption, confirming its compliance with financial reporting and continuous disclosure obligations and noting there is no excluded information, which facilitates trading of the new shares and signals regulatory compliance to investors.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has issued 37,233,008 fully paid ordinary shares to Amplus Energy (Holdings) Limited at a deemed price of A$0.37 per share as part of the US$15 million consideration for the acquisition of the Petrojarl I FPSO. The share issue, which followed shareholder approval at a meeting on 12 January 2026 and completion of the acquisition in December 2025, integrates Amplus as a significant shareholder whose shares rank equally with existing ordinary shares, and includes the appointment of Amplus Managing Director Steve Gardyne as a non-executive director on Finder’s board, strengthening the strategic relationship around the newly acquired production asset.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has applied for quotation on the ASX of 37,233,008 new ordinary fully paid shares, issued on 16 January 2026. This move increases the company’s quoted share capital and reflects the progression of previously flagged transactions, with potential implications for shareholder dilution, market liquidity and the company’s capacity to fund ongoing activities in the energy sector.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has completed Tranche 2 of its previously announced equity placement, issuing 14,067,568 fully paid ordinary shares at $0.37 per share to raise approximately $5.2 million before costs. The new shares have been allocated to company directors and substantial shareholder Longreach Capital Investment Pty Ltd following shareholder approval received on 12 January 2026, strengthening Finder’s capital position and aligning key stakeholders through increased equity participation.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has issued 14,067,568 fully paid ordinary shares at an exercise price of $0.37 each to company directors and substantial shareholder Longreach Capital Investment Pty Ltd (or its nominees), as part of a previously announced capital arrangement. The company has confirmed that these Tranche 2 shares were issued without a prospectus under the relevant provisions of the Corporations Act, that it is compliant with its financial reporting and continuous disclosure obligations, and that there is no excluded information, thereby enabling the new shares to be freely tradable and reinforcing regulatory transparency for existing and new investors.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has issued 1,000,000 fully paid ordinary shares to Portobello Energy Limited upon the conversion of vested performance rights at a nil exercise price, expanding its ordinary share capital in line with previously disclosed arrangements. The company confirmed that the new shares were issued without a prospectus under relevant Corporations Act provisions, that it remains compliant with its financial reporting and continuous disclosure obligations, and that there is no excluded information, providing regulatory clarity and assurance to existing and prospective shareholders about the integrity of the capital raising process.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has applied for quotation of 1,000,000 new fully paid ordinary shares on the Australian Securities Exchange, expanding its listed securities under the code FDR. The issuance of these additional shares, effective 15 January 2026, modestly increases the company’s equity base and free float, potentially affecting share liquidity and ownership dilution for existing shareholders.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has applied to the ASX for quotation of 14,067,568 new fully paid ordinary shares, expanding its listed securities under the code FDR. The issuance, tied to a previously notified transaction, will increase the company’s free float and potentially broaden its shareholder base, with the new shares scheduled to commence trading on 16 January 2026, marking a modest capital structure expansion that may influence liquidity and valuation for existing investors.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has reported that all resolutions put to shareholders at its Extraordinary General Meeting on 12 January 2026 were passed by poll, in line with ASX corporate governance recommendations. Shareholders ratified the prior issue of Tranche 1 placement shares, approved participation in the placement by several directors and a major shareholder, endorsed the issue of consideration shares to Amplus, re-approved the company’s employee equity incentive plan, and authorised the grant of options to certain related parties. These approvals collectively support Finder’s current capital-raising initiatives, align management and key investors more closely with shareholder interests, and provide the company with additional flexibility to incentivise employees as it pursues its strategic objectives in the energy sector.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has applied to the Australian Securities Exchange for quotation of 125,000 new fully paid ordinary shares, to be traded under its existing ticker FDR. The modest new issuance, arising from the exercise or conversion of existing options or other convertible securities, slightly increases the company’s quoted capital base and may marginally enhance liquidity in its stock without materially altering its overall capital structure at this stage.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has notified the ASX of the issue of 125,000 ordinary fully paid shares under an employee incentive scheme, with the new unquoted securities dated 8 January 2026. The issuance reflects the company’s continued use of equity-based incentives to align employees’ interests with shareholders and may result in a modest increase in the company’s share capital, signalling ongoing engagement and retention initiatives within its workforce.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has confirmed that vesting conditions have been met for 1,208,333 performance rights issued under its shareholder-approved Employee Equity Incentive Plan in January 2023. The vesting was triggered after the company’s 30-day volume weighted average share price at the end of the December quarter exceeded 35 cents, the highest of three price hurdles, and each vested right can now be converted into one fully paid ordinary share any time up to 8 January 2028, potentially increasing the company’s share count and aligning employee incentives with shareholder value.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited has issued 66,667 fully paid ordinary shares at an exercise price of $0.075 each to its corporate adviser or its nominees, following previously announced option arrangements. The company confirmed that the new shares were issued without a prospectus or disclosure document under the Corporations Act, and that it remains compliant with its financial reporting and continuous disclosure obligations, signalling routine capital management with limited immediate operational or strategic impact for existing shareholders.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
Finder Energy Holdings Limited announced a change in the director’s interest, specifically regarding Damon Neaves. The change involved the acquisition of 55,300 fully paid ordinary shares by Ishtah Sfax Pty Ltd, a trust benefiting Mr. Neaves and other beneficiaries, through an on-market trade. This adjustment in shareholding reflects a strategic move within the company’s management, potentially impacting its governance and stakeholder interests.
Finder Energy Holdings Limited has completed a farmout agreement with Serica Energy concerning the Seaward Production Licence P2530, securing a 20% interest while continuing as the operator during the current phase. The company is conducting feasibility studies to decide on further drilling or discontinuing the license, with implications for its operational strategy and potential impact on stakeholders.
Finder Energy Holdings Limited has announced an Extraordinary General Meeting for its shareholders, scheduled to take place virtually on January 12, 2026. The company has opted for electronic distribution of the meeting materials, encouraging shareholders to participate and vote online or by proxy. This move aligns with modern corporate governance practices, potentially increasing shareholder engagement and streamlining administrative processes.
Finder Energy Holdings Limited has announced a change in the director’s interest notice involving Damon Neaves. The company has issued 7,500,000 performance rights to Mr. Neaves under the Company Employee Incentive Plan, increasing his total performance rights to 13,980,000. This change reflects Finder Energy’s commitment to aligning the interests of its leadership with company performance, potentially impacting the company’s operational focus and stakeholder confidence.
Finder Energy Holdings Limited has announced a change in the director’s interest notice, specifically regarding Shane Westlake’s holdings. The company issued 3,250,000 additional performance rights to Mr. Westlake under the Company’s Employee Incentive Plan, increasing his total performance rights to 7,570,000. This change reflects the company’s ongoing efforts to align the interests of its directors with its strategic goals and performance, potentially impacting stakeholder perceptions and the company’s market positioning.
Finder Energy Holdings Limited announced a change in the interests of its director, Bronwyn Barnes, involving the conversion of options into fully paid ordinary shares. This change resulted in an increase in her shareholding to 2,541,667 shares, while the number of options decreased. This move reflects strategic financial adjustments within the company, potentially impacting its stock market positioning and stakeholder interests.
Finder Energy Holdings Limited announced the quotation of 250,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 10, 2025. This move signifies the company’s strategic efforts to enhance its capital structure and potentially strengthen its market position within the energy sector.
Finder Energy Holdings Limited announced the issuance of 250,000 unquoted ordinary fully paid securities as part of an employee incentive scheme. This move reflects the company’s strategy to incentivize its workforce, potentially enhancing operational efficiency and aligning employee interests with corporate goals.
Finder Energy Holdings Limited is making significant strides towards a Final Investment Decision (FID) for its oil projects in Kuda Tasi and Jahal, with a strategic alliance formed with SLB to expedite project delivery and achieve First Oil. The company has secured a low-cost FPSO solution and is working on a comprehensive funding plan, including a partnership with TIMOR GAP and an equity raise, to support its development capex and accelerate the FID process.
Finder Energy Holdings Limited has issued a total of 56,750,000 fully paid ordinary shares at varying prices to institutional, sophisticated, and professional investors, as well as to its corporate advisor and a director. This strategic move aims to strengthen the company’s capital base and enhance its market position, reflecting its compliance with relevant legislative requirements and its commitment to transparent operations.
Finder Energy Holdings Limited has successfully raised approximately $19.8 million through the issuance of 53.5 million fully paid ordinary shares at $0.37 each to institutional, professional, and sophisticated investors as part of the first tranche of a placement. The second tranche, consisting of 14,067,568 shares, awaits shareholder approval and is expected to be addressed in an Extraordinary General Meeting in January 2026. This capital raising is likely to bolster Finder’s financial position and enhance its ability to pursue strategic initiatives in the energy sector.
Finder Energy Holdings Limited has announced the quotation of 1,500,000 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective December 8, 2025. This move is part of the company’s efforts to enhance its market presence and potentially increase its capital base, which could have significant implications for its operational capacity and stakeholder value.
Finder Energy Holdings Limited has announced the quotation of 1,750,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 8, 2025. This move is part of the company’s strategic efforts to expand its capital base, potentially enhancing its operational capabilities and market positioning within the energy sector.
Finder Energy Holdings Limited has announced the issuance of 12,644,960 performance rights as part of an employee incentive scheme. These securities are unquoted and are intended to bolster employee engagement and retention, potentially enhancing the company’s operational efficiency and market positioning.
Finder Energy Holdings Limited has announced the issuance of 14,105,040 unquoted performance rights under an employee incentive scheme. This move is part of the company’s strategy to motivate and retain key employees, potentially impacting its operational efficiency and aligning employee interests with company performance.
Finder Energy Holdings Limited has announced a correction to a previous update regarding the issuance of unquoted equity securities. The correction pertains to shares issued under Listing Rule 7.2, exception 9, which was initially announced on August 29, 2025. This update clarifies the company’s compliance with regulatory requirements, potentially impacting investor perceptions and ensuring transparency in its financial disclosures.
Finder Energy Holdings Limited has announced the quotation of 53,500,000 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, reflecting the company’s ongoing efforts to enhance its market presence and liquidity. The issuance of these securities is expected to impact the company’s operations by potentially increasing its capital base, which could be used for further expansion or investment opportunities.
Finder Energy Holdings Limited announced a correction to a previous release, specifying that 2,000,000 options are proposed to be issued to non-executive directors, correcting an error in the Pro Forma Capital Structure table. This correction ensures accurate information is communicated to stakeholders, maintaining transparency and trust in the company’s financial disclosures.
Finder Energy Holdings Limited has announced its proposed acquisition of the Petrojarl I FPSO from Amplus Energy (Holdings) Limited. Alongside this acquisition, Finder is also raising equity through an institutional placement of new shares to professional and sophisticated investors. This strategic move is expected to strengthen Finder’s operational capabilities and enhance its position in the energy sector, potentially impacting stakeholders by increasing the company’s asset base and market influence.
Finder Energy Holdings Limited has announced the acquisition of the FPSO Petrojarl I from Amplus Energy for US$15 million in shares and cash. This acquisition is expected to accelerate the KTJ Project by providing a fast-track development pathway, targeting a final investment decision by mid-2026 and first oil by the end of 2027. The ownership of Petrojarl I is anticipated to offer operational cost savings, extend field life, and facilitate future developments. Additionally, Finder has secured a two-tranche placement to raise A$25 million to fund the acquisition and related project costs, marking a significant step in the company’s evolution towards becoming a developer and producer.
Finder Energy Holdings Limited has requested a trading halt on its securities pending an announcement regarding a significant acquisition and capital raising. This move is intended to manage the company’s continuous disclosure obligations and is expected to impact its operational strategy and market positioning.
Finder Energy Holdings Limited presented its Kuda Tasi and Jahal Oil Development project at the Timor-Leste Energy, Mining and Business Forum, receiving significant attention and support from government officials, including President José Ramos-Horta. The project has been recognized for its potential impact on Timor-Leste’s energy sector, highlighting Finder Energy’s role in regional development and the government’s commitment to investing in quality offshore projects.
Finder Energy Holdings Limited announced the successful outcomes of its 2025 Annual General Meeting, where all resolutions were passed. Key resolutions included the re-election of Shane Westlake as a Director and the approval of performance rights for key executives, which are expected to enhance the company’s governance and operational capabilities.
Finder Energy Holdings Limited announced that its CEO and Managing Director, Damon Neaves, will present at the Annual General Meeting. This presentation is significant as it provides insights into the company’s strategic direction and operational updates, potentially impacting investor perceptions and market positioning.
Finder Energy Holdings Limited has experienced transformative growth following its strategic move into a development asset in Timor-Leste, positioning itself as an emerging developer with a focus on the Kuda Tasi and Jahal fields (KTJ Project). The company is progressing towards a Final Investment Decision by mid-next year, aiming for first oil by the end of 2027. The KTJ Project is central to the company’s strategy, supported by technical, commercial, and regulatory milestones, and involves collaboration with TIMOR GAP and the Government of Timor-Leste for local participation. The company has seen strong share price movement and is maintaining a disciplined approach to its broader portfolio, focusing on low-cost technical work and farmout opportunities.
Finder Energy Holdings Limited has entered into a farmout agreement with Serica Energy, assigning a 40% interest in the Seaward Production Licence P2530, while retaining a 20% stake and operatorship. This agreement, contingent on regulatory approvals, includes financial considerations and aims to facilitate the development of the Wagtail Discovery, which holds significant contingent resources. The partnership with Serica, a current partner in the Triton FPSO, is expected to enhance the feasibility of integrating Wagtail with existing infrastructure, potentially impacting future development plans and stakeholder interests.
Finder Energy Holdings Limited has made significant progress on its flagship KTJ Project in Timor-Leste, highlighted by a binding Farmin Agreement with TIMOR GAP, which secures 50% of the development capital expenditure up to a gross cap of US$338 million. This agreement, along with an independent resource upgrade and strategic alliances, positions Finder at the forefront of Timor-Leste’s energy sector, de-risking the pathway to a Final Investment Decision (FID) by mid-2026. The company’s near-term priorities include securing key project elements and optimizing funding solutions, with multiple catalysts expected to drive value in the coming quarters.
Finder Energy Holdings Limited is accelerating the development of the Kuda Tasi and Jahal oil fields in Timor-Leste, with an initial forecast production rate of 25,000 barrels of oil per day. The company has secured 50% of the development capital expenditure under a farm-in agreement with TIMOR GAP, marking a significant step towards achieving a powerful cash flow and advancing its strategic positioning in the industry.