Hartshead Resources NL (HHR) AI Stock Analysis

• Market Cap: $19.66M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 0.01
• Revenue Growth: N/A
• EPS Growth: 20.00%
• Country: AU
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 2,808,682,100
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: 0.03
• Price to Book (P/B): 0.50
• Price to Sales (P/S): 3.60
• P/FCF Ratio: -1.87
• Enterprise Value/Market Cap: -0.05
• Enterprise Value/Revenue: -0.28
• Enterprise Value/Gross Profit: -0.31
• Enterprise Value/Ebitda: 0.37
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: ―

Hartshead Resources NL's overall stock score reflects significant challenges in financial performance and valuation. The company's strong balance sheet is overshadowed by negative net income and cash flow issues. The absence of technical indicators and a negative P/E ratio suggest a cautious approach. Focus on operational efficiencies and sustainable revenue growth is crucial for future improvement.

Hartshead Resources NL Business Overview & Revenue Model

Company Description

Hartshead Resources NL engages in the oil and gas exploration and development activities in the United Kingdom, Gabon, and Madagascar. It primarily holds a 100% interest in the License P2607 comprising of five blocks covering 729.5 square kilometers located in the Southern North Sea of the United Kingdom. Hartshead Resources NL is headquartered in Perth, Australia.

How the Company Makes Money

Hartshead Resources NL generates revenue primarily through the exploration, development, and potential sale of oil and gas resources. The company's key revenue streams include the extraction and sale of hydrocarbon products, such as crude oil and natural gas. Additionally, HHR may form strategic partnerships or joint ventures with other energy companies to enhance its exploration capabilities and share operational risks and costs. These partnerships can contribute to HHR's earnings through shared production and revenue agreements.

Hartshead Resources NL Financial Statement Overview

Summary

Hartshead Resources NL is facing challenges with revenue generation and profitability, as indicated by negative net income and EBIT margins. The balance sheet is robust with no debt, offering financial stability, but negative cash flows are a concern. To improve financial health, the company must focus on sustainable revenue growth and operational efficiencies.

Income Statement

The company has seen a decline in total revenue from 2023 to 2024, which is concerning. Gross profit margin remains strong at around 91.3% in 2024, but the net profit margin is negative due to net losses. EBIT and EBITDA margins are also negative, indicating the company is struggling with profitability. Historical revenue growth has been volatile, typical for the industry.

Balance Sheet

The debt-to-equity ratio is favorable at 0, indicating no financial leverage, which is a strength. However, return on equity is negative due to net losses, which is a concern. The equity ratio is high at about 91.7%, suggesting a strong capital structure with substantial equity backing assets.

Cash Flow

Free cash flow remains negative, but the company has improved its capital expenditure management. There is no free cash flow growth, but the operating cash flow to net income ratio suggests potential for improvement if operational efficiencies are realized. The company needs to address negative free cash flows to enhance financial stability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.68M	8.13M	0.00	0.00	0.00
Gross Profit	4.28M	-14.36K	-9.40K	-4.15K	-85.00
EBITDA	-3.19M	1.53M	-3.62M	-6.01M	-8.54M
Net Income	-2.70M	1.52M	-3.67M	-6.01M	-8.93M
Balance Sheet
Total Assets	36.39M	38.32M	4.78M	7.64M	2.40M
Cash, Cash Equivalents and Short-Term Investments	23.96M	32.88M	2.50M	6.90M	1.89M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	3.01M	2.80M	869.83K	872.24K	553.23K
Stockholders Equity	33.38M	35.52M	3.91M	6.77M	1.85M
Cash Flow
Free Cash Flow	-9.00M	-11.92M	-4.38M	-1.76M	-7.50M
Operating Cash Flow	-497.18K	-4.18M	-2.98M	-1.31M	-7.50M
Investing Cash Flow	-8.50M	5.40M	-1.40M	536.62K	20.97K
Financing Cash Flow	0.00	29.15M	0.00	7.52M	3.51M

Hartshead Resources NL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ORG	71 Outperform	AU$21.42B	14.50	14.92%	4.81%	6.48%	6.25%
STO	65 Neutral	AU$21.91B	13.79	7.88%	5.42%	-5.81%	-17.90%
BPT	60 Neutral	AU$2.59B	-59.11	-1.39%	7.89%	17.16%	90.79%
HHR	48 Neutral	$19.66M	―	-6.62%	―	―	20.00%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

Hartshead Resources NL Corporate Events

Hartshead Resources Optimizes Gas Development Strategy with New Export Route

Hartshead Resources NL has submitted a revised Concept Select Report Addendum for its Phase I gas development project, enhancing its operational strategy by selecting a superior gas export route via the Saturn Banks pipeline. This strategic move is expected to accelerate production, improve economic performance, and reduce capital expenditure, thereby unlocking greater value for shareholders. The company is also exploring innovative funding arrangements to optimize project cashflows and continues to engage with political stakeholders to foster a supportive regulatory environment.

Hartshead Resources NL Relocates Office to Enhance Operations

Hartshead Resources NL has announced a change in its registered office and principal place of business to a new location in Northbridge, Western Australia. This move is part of the company’s ongoing efforts to streamline operations and potentially improve its strategic positioning within the energy sector.

Hartshead Resources NL Releases Interim Report for 2024 Half-Year

Hartshead Resources NL has released its interim report for the half-year ending on December 31, 2024. The company, listed on the Australian Securities Exchange under the code HHR, operates primarily in the resources sector. The report outlines the company’s corporate structure and contact information, but does not provide specific financial or operational details. The announcement serves as a formal update to stakeholders, reinforcing the company’s commitment to transparency and regulatory compliance.

Hartshead Resources NL Advances Gas Development with New Programme Submission

Hartshead Resources NL has submitted a new development program and budget for approval to the P2607 Joint Venture, aiming to use the Saturn Banks pipeline system for transporting gas from the Anning and Somerville fields to the Bacton Terminal. This plan involves the installation of two unmanned production platforms and six wells, enhancing project economics by reducing anticipated CAPEX and potentially accelerating production timelines through infrastructure funding discussions and platform re-use strategies.