Finder Energy Holdings Limited (AU:FDR)
ASX:FDR
Want to see AU:FDR full AI Analyst Report?
Top Page
Finder Energy Holdings Limited
(Sydney:FDR)
Select Model
Select Model
Rating:41Neutral
Price Target:
AU$0.45
â–²(8.10% Upside)
Action:ReiteratedDate:05/01/26
The score is primarily constrained by weak financial performance—especially persistent negative operating/free cash flow and low-confidence earnings quality. Technicals also lean bearish with the price below key moving averages and negative MACD. Valuation is difficult to justify on earnings due to a negative P/E and no indicated dividend support.
Positive Factors
Business model clarity
Finder Energy has a clear upstream monetization model combining production revenue with milestone and farm‑out proceeds. That structural flexibility lets the company de‑risk assets via partner funding or asset sales, reducing sole funding needs as projects advance.
Negative Factors
Persistent negative cash flow
Operating and free cash flow have been negative each year from 2022–2025, meaning the business consumes cash rather than funds itself. This persistent cash burn forces reliance on external financing, increasing dilution and execution risk and limiting capex capacity.
Read all positive and negative factors
Positive Factors
Negative Factors
Business model clarity
Finder Energy has a clear upstream monetization model combining production revenue with milestone and farm‑out proceeds. That structural flexibility lets the company de‑risk assets via partner funding or asset sales, reducing sole funding needs as projects advance.
Read all positive factors
Finder Energy Holdings Limited (FDR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$237.62M
Dividend YieldN/A
Average Volume (3M)946.62K
Price to Earnings (P/E)―
Beta (1Y)0.70
Revenue GrowthN/A
EPS Growth-338.82%
CountryAU
Employees18
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.04
Shares Outstanding500,250,500
10 Day Avg. Volume387,612
30 Day Avg. Volume946,620
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)2.78
Price to Sales (P/S)0.00
P/FCF Ratio-4.47
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)AU$423.63K
Finder Energy Holdings Limited Business Overview & Revenue Model
Company Description
Finder Energy Holdings Limited explores for oil and gas in Australia and the United Kingdom North Sea. The company was founded in 2004 and is based in South Perth, Australia. Finder Energy Holdings Limited operates as a subsidiary of Longreach Cap...
How the Company Makes Money
Finder Energy’s core revenue model is typical of an upstream (exploration and production) oil and gas company: it generates earnings primarily by commercializing petroleum resources from fields in which it holds an ownership interest. Key revenue ...
Finder Energy Holdings Limited Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 44.54K | 0.00 | 0.00 | 2.65M | 0.00 | 0.00 |
| Gross Profit | 22.49K | -5.54K | 0.00 | 2.65M | 0.00 | 0.00 |
| EBITDA | -16.71M | 3.78M | -4.26M | -2.50M | -4.18M | -2.68M |
| Net Income | -17.66M | 3.77M | -4.24M | -2.48M | -6.26M | -2.01M |
Balance Sheet | ||||||
| Total Assets | 46.71M | 8.45M | 6.99M | 10.09M | 11.20M | 13.35M |
| Cash, Cash Equivalents and Short-Term Investments | 17.73M | 4.73M | 6.42M | 9.51M | 10.70M | 2.76M |
| Total Debt | 81.13K | 95.93K | 115.49K | 50.44K | 0.00 | 4.20M |
| Total Liabilities | 9.67M | 891.40K | 10.08M | 9.85M | 9.86M | 9.39M |
| Stockholders Equity | 37.04M | 7.55M | -3.09M | 238.03K | 1.34M | 3.96M |
Cash Flow | ||||||
| Free Cash Flow | -15.77M | -4.71M | -3.17M | -3.61M | -2.32M | 253.23K |
| Operating Cash Flow | -10.92M | -4.71M | -3.17M | -3.61M | -2.32M | 253.23K |
| Investing Cash Flow | -3.81M | -2.97M | -2.27K | 2.27M | 9.98M | -577.41K |
| Financing Cash Flow | 25.20M | 5.78M | 86.73K | 67.25K | 920.60K | 919.36K |
Finder Energy Holdings Limited Technical Analysis
Positive
0.42
Price Trends
0.57
Positive
0.49
Positive
0.37
Positive
Market Momentum
0.01
Negative
60.16
Neutral
89.02
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FDR, the sentiment is Positive. The current price of 0.42 is below the 20-day moving average (MA) of 0.58, below the 50-day MA of 0.57, and above the 200-day MA of 0.37, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 60.16 is Neutral, neither overbought nor oversold. The STOCH value of 89.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FDR.
Finder Energy Holdings Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$382.48M | 23.18 | 17.50% | 14.63% | -4.78% | -42.11% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | AU$402.59M | -12.82 | -7.28% | ― | ― | -162.50% | |
49 Neutral | AU$445.58M | -6.11 | -14.19% | ― | ― | 25.55% | |
48 Neutral | AU$395.93M | -7.29 | -46.22% | ― | -0.51% | -756.45% | |
47 Neutral | AU$280.19M | -13.93 | -120.28% | ― | ― | -1161.54% | |
41 Neutral | AU$237.62M | -3.38 | -69.19% | ― | ― | -338.82% |
* Energy Sector Average
AU:FDR
Finder Energy Holdings Limited
0.48
0.44
1117.95%
AU:BTL
Empire Energy Group Limited
0.30
0.13
71.43%
AU:EXR
Elixir Energy Limited
0.15
0.13
500.00%
AU:HZN
Horizon Oil Limited
0.24
0.08
48.73%
AU:STX
Strike Energy Limited
0.11
-0.06
-35.29%
AU:OMA
Omega Oil & Gas Limited
0.86
0.62
258.33%
Finder Energy Holdings Limited Corporate Events
Finder Energy to Brief Investors on Acceleration Strategy and Capital Use
May 1, 2026
Finder Energy Holdings Limited has invited investors to a webinar to discuss its strategy to accelerate the timeline to first oil, currently targeted for late 2027 or early 2028. The session will also outline how the company’s recent equity ...
Finder Energy advances KTJ Project toward mid-2026 FID with key engineering and regulatory milestones
Apr 30, 2026
Finder Energy reported strong progress on the KTJ Project in the March 2026 quarter, completing front-end engineering design for the subsea production system and development wells and securing approval of the Development Area over the Kuda Tasi an...
Finder Energy plans major share placement and securities purchase plan
Apr 30, 2026
Finder Energy Holdings Limited has announced plans to issue additional ordinary fully paid shares through both a placement and a securities purchase plan to existing shareholders. The capital raising reflects the company’s continued use of e...
Finder Energy launches equity raising to fund fast-track oil strategy
Apr 30, 2026
Finder Energy Holdings Limited has released a corporate presentation outlining an equity raising via an institutional placement of new fully paid ordinary shares and a share purchase plan for eligible shareholders. The offers, which are not underw...
Finder Energy Fast-Tracks KTJ Project With Early Spend on Critical Long-Lead Items
Apr 28, 2026
Finder Energy is accelerating development of its KTJ offshore oil project, aiming to achieve first oil in late 2027 or early 2028. The project is positioned to capitalise on global supply disruptions by bringing new production online via secure So...
Finder Energy Seeks Trading Halt Ahead of Capital Raising Announcement
Apr 28, 2026
Finder Energy Holdings Limited has requested a trading halt in its shares on the ASX as it prepares an announcement related to a capital raising. The halt, granted under ASX Listing Rule 17.1, will remain in place until normal trading resumes on 3...
Finder Energy and SundaGas Team Up on Timor-Leste Drilling Rig
Apr 8, 2026
Finder Energy’s Timor-Leste subsidiary has signed a non-binding letter of intent with SundaGas Banda Unipessoal, part of Sunda Energy, to jointly secure a drilling rig for offshore campaigns. The partners will coordinate rig procurement and ...
Finder Energy Appoints New Director With No Current Equity Stake
Apr 7, 2026
Finder Energy Holdings Limited has appointed Stephen Gardyne as a director effective 2 April 2026, and has lodged an initial director’s interest notice with the ASX. The filing confirms Gardyne currently holds no securities or related intere...
Finder Energy seeks ASX quotation for additional ordinary shares
Apr 1, 2026
Finder Energy Holdings Limited has applied to the ASX for quotation of 483,083 additional ordinary fully paid shares under its FDR ticker, with an issue date of 1 April 2026. The new securities arise from the exercise or conversion of existing opt...
Finder Energy Director Converts Options to Boost Shareholding
Mar 27, 2026
Finder Energy Holdings Limited has reported a change in director Frederick Wehr’s indirect interests in the company’s securities, following the exercise of options held through his related entities. Wehr Advisory Pty Ltd, wholly owned ...
Finder Energy seeks ASX quotation for 650,000 new ordinary shares
Mar 27, 2026
Finder Energy Holdings has applied to the ASX for quotation of 650,000 new ordinary fully paid shares under code FDR, with an issue date of 25 March 2026. The additional securities, arising from the exercise or conversion of existing instruments, ...
Finder Energy Secures Key Regulatory Approval for KTJ Oil Project in Timor-Leste
Mar 26, 2026
Finder Energy has secured regulatory approval from Timor-Leste’s Autoridade Nacional do Petróleo for a Development Area covering the Kuda Tasi and Jahal oil fields, a key step toward long-term tenure and development of the KTJ Project. ...
Finder Energy Clears Key Engineering Hurdle for Timor Sea FPSO Redeployment
Mar 18, 2026
Finder Energy has completed Phase 1 engineering studies confirming the technical feasibility of repurposing the Petrojarl I FPSO for the Kuda Tasi and Jahal oil fields, with the vessel able to support about 25,000 barrels of oil per day across mul...
Finder Energy Seeks ASX Quotation for 1.32 Million New Shares
Mar 18, 2026
Finder Energy Holdings Limited has applied for quotation on the ASX of 1,322,917 new fully paid ordinary shares under its code FDR, with an issue date of 18 March 2026. The additional securities arise from the exercise or conversion of existing op...
Finder Energy Outlines Corporate Structure in Half-Yearly Report
Mar 15, 2026
Finder Energy Holdings Limited has released its half-yearly report for December 2025, outlining its corporate structure, governance, and key administrative arrangements. The report details the company’s leadership team, registered office, sh...
Finder Energy Director Increases Equity Stake Through Option Exercise
Feb 27, 2026
Finder Energy Holdings Limited has disclosed a change in the interests of director Bronwyn Barnes, who holds her stake indirectly through a family trust and a wholly owned company. The update, lodged with the ASX, details an internal reallocation ...
Finder Energy Seeks ASX Quotation for 400,000 New Shares
Feb 27, 2026
Finder Energy Holdings Limited has applied to the ASX for quotation of 400,000 ordinary fully paid shares under its FDR ticker, with an issue date of 27 February 2026. The move represents a routine expansion of the company’s quoted capital, ...
Finder Energy Director Increases Shareholding Through Option Exercise
Feb 25, 2026
Finder Energy Holdings Limited has disclosed a change in director Bronwyn Barnes’ interests in the company’s securities, as required under ASX rules. Barnes holds her interests indirectly through a family trust and a wholly owned compa...
Finder Energy Seeks ASX Quotation for 950,000 New Shares
Feb 23, 2026
Finder Energy Holdings Limited, an ASX-listed energy company trading under the code FDR, operates in the energy sector with a focus on resource exploration and development. The company leverages public markets to fund its activities and support it...
Finder Energy fast-tracks KTJ oil development with secured funding and FPSO
Feb 22, 2026
Finder Energy is advancing its KTJ Project in Timor-Leste, aiming to fast-track first oil from the Kuda Tasi and Jahal fields with the planned use of its Petrojarl I FPSO, which it owns and positions as a strategic and economic de-risking asset. T...
Finder Energy Director Trims Shareholding in On-Market Trade
Feb 6, 2026
Finder Energy Holdings Limited has disclosed a change in director Frederick Wehr’s interests in the company’s securities, following an on-market trade. Wehr, through indirect holdings, sold 150,000 fully paid ordinary shares for total ...
Finder Energy Issues 2 Million Performance Rights Under Employee Incentive Plan
Feb 6, 2026
Finder Energy Holdings Limited has issued 2,000,000 unquoted performance rights under its employee incentive scheme, effective 6 February 2026. The additional equity-based awards are designed to align staff and executive incentives with shareholde...
Finder Energy Issues New Shares on Option and Performance Right Conversions
Feb 3, 2026
Finder Energy Holdings Limited has issued 100,000 fully paid ordinary shares to its corporate adviser upon the exercise of options at $0.075 per share and a further 500,000 fully paid ordinary shares to an employee following the conversion of vest...
Finder Energy Seeks ASX Quotation for 100,000 New Ordinary Shares
Feb 3, 2026
Finder Energy Holdings Limited has applied to the ASX for quotation of 100,000 new fully paid ordinary shares under its issuer code FDR, following the exercise or conversion of existing options or other convertible securities. The modest issuance ...
Finder Energy Seeks Quotation of Additional 500,000 Shares on ASX
Feb 3, 2026
Finder Energy Holdings Limited has applied to list an additional 500,000 fully paid ordinary shares on the ASX under ticker FDR, following the exercise or conversion of existing options or other convertible securities. The modest new quotation, ef...
Finder Energy Cuts Costs with Petrojarl I FPSO Relocation Ahead of KTJ Project FID
Feb 1, 2026
Finder Energy has advanced its Kuda Tasi and Jahal Development Project by relocating the Petrojarl I FPSO (PJI) from Las Palmas, Gran Canaria to a lower-cost lay-up facility in Granadilla, Tenerife, successfully completing its first large-scale in...
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.