tiprankstipranks
Trending News
More News >
Key Petroleum Limited (AU:KEY)
ASX:KEY
Australian Market

Key Petroleum Limited (KEY) AI Stock Analysis

Compare
3 Followers

Top Page

AU:KEY

Key Petroleum Limited

(Sydney:KEY)

Select Model
Select Model
Select Model
Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
AU$0.06
▼(-6.67% Downside)
The score is primarily weighed down by weak financial performance (large losses, collapsing revenue, and ongoing negative operating/free cash flow), despite the benefit of zero debt. Technicals also detract due to a bearish trend and negative MACD, even though oversold readings suggest some short-term stabilization potential. Valuation provides limited support because negative earnings make the P/E less informative and no dividend yield is available.
Positive Factors
Zero Debt
A zero-debt position reduces financial risk and provides flexibility in capital allocation, allowing the company to focus on strategic growth opportunities without the burden of interest obligations.
Leadership Change
New leadership can bring fresh perspectives and strategies, potentially revitalizing the company's approach to market challenges and enhancing its competitive position.
Strategic Basin Developments
Development in key basins can significantly elevate operations and value, positioning the company for long-term growth and strengthening its asset portfolio.
Negative Factors
Revenue Decline
A significant decline in revenue indicates challenges in maintaining market share or operational efficiency, which could impact long-term profitability and growth potential.
Negative Cash Flow
Persistent negative cash flow suggests reliance on external funding, which may limit strategic flexibility and increase financial vulnerability over time.
Equity Erosion
Erosion of equity reflects ongoing value loss, potentially undermining investor confidence and limiting the company's ability to raise capital or invest in growth initiatives.

Key Petroleum Limited (KEY) vs. iShares MSCI Australia ETF (EWA)

Key Petroleum Limited Business Overview & Revenue Model

Company DescriptionKey Petroleum Limited engages in the acquisition and exploration of petroleum permits in Australia. It primarily holds interests in the ATP 783, 920, and 924 assets in the Cooper Eromanga Basin, Queensland, as well as L7 and EP437 in the Perth Basin, Western Australia. The company was incorporated in 2006 and is based in West Perth, Australia.
How the Company Makes MoneyKey Petroleum Limited makes money through its exploration and development activities in the oil and gas sector. The company's revenue model is centered around discovering commercially viable oil and gas reserves and either developing these reserves for production or selling them to larger entities in the energy industry. Revenue streams include the sale of crude oil and natural gas extracted from its licensed properties, as well as potential joint ventures or farm-out agreements with other energy companies. These partnerships and agreements can provide upfront payments, milestone payments, or royalties that contribute to the company's earnings. Key Petroleum's financial success is influenced by factors such as global oil and gas prices, exploration success rates, and the ability to manage operational costs efficiently.

Key Petroleum Limited Financial Statement Overview

Summary
Key Petroleum Limited faces significant financial challenges. The income statement reflects erratic revenue and severe profitability issues. The balance sheet is weakened by declining asset and equity levels, although the absence of debt is a positive aspect. Cash flow statements show persistent negative free cash flow, indicating ongoing cash management difficulties. Overall, the company needs to address its revenue generation and cost control strategies to improve financial stability.
Income Statement
Key Petroleum Limited has shown volatility in its revenue streams with a significant drop to zero revenue in 2023 and a marginal recovery to 8,092 in 2024. The gross profit margin is effectively 100% for 2024 due to total revenue equaling gross profit, but the net profit margin is deeply negative at -11876.63%, highlighting severe profitability issues. The EBIT and EBITDA margins also reflect negative trends due to operational losses. These metrics suggest the company is struggling to maintain stable revenue and profitability, posing a significant risk.
Balance Sheet
The company's balance sheet shows a decreasing trend in total assets and stockholders' equity from 2020 to 2024, reflecting a potential issue in sustaining asset and equity levels. The debt-to-equity ratio is favorable at 0, indicating no reliance on debt financing, but the return on equity is negative, suggesting poor returns on shareholders' investments. The equity ratio has been decreasing, suggesting a weaker financial position over time.
Cash Flow
Free cash flow has been negative over the years, indicating a consistent outflow of cash. The operating cash flow to net income ratio and the free cash flow to net income ratio are unfavorable, reflecting poor cash generation relative to net income. While there is some investing and financing activity, the negative cash flow from operations is concerning, pointing to sustainability issues.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.68K1.68K8.09K0.0010.98K549.19K
Gross Profit1.68K1.68K8.09K-2.00K8.95K508.20K
EBITDA-147.93K-148.21K-961.00K387.89K-1.21M-2.18M
Net Income-483.95K-484.25K-961.00K350.37K-1.22M-2.23M
Balance Sheet
Total Assets1.59M1.59M1.51M2.20M2.16M3.54M
Cash, Cash Equivalents and Short-Term Investments94.07K94.07K172.07K583.30K266.61K1.39M
Total Debt0.000.000.00102.35K102.35K204.47K
Total Liabilities514.38K514.38K294.73K310.23K627.57K781.77K
Stockholders Equity1.07M1.07M1.22M1.89M1.54M2.76M
Cash Flow
Free Cash Flow-417.75K-417.75K-720.51K-756.02K-821.39K-1.23M
Operating Cash Flow-303.66K-303.66K-703.46K-643.51K-765.56K-770.83K
Investing Cash Flow-114.09K-114.09K238.06K1.05M861.59K737.00
Financing Cash Flow339.74K339.74K292.31K-102.35K-102.13K173.80K

Key Petroleum Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
45
Neutral
AU$8.57M-0.54-120.24%-92.71%-220.72%
43
Neutral
AU$1.96M-2.91-42.33%53.72%
43
Neutral
AU$4.38M-71.63%94.13%
37
Underperform
AU$2.35M-26.79%-26.88%24.00%
37
Underperform
AU$2.25M-3.79-16.19%-61.11%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:KEY
Key Petroleum Limited
0.06
<0.01
13.73%
AU:XST
Xstate Resources Limited
0.02
0.00
0.00%
AU:PRM
Prominence Energy Limited
AU:WEL
Winchester Energy Ltd
AU:SAN
Sagalio Energy Limited
0.01
>-0.01
-45.00%

Key Petroleum Limited Corporate Events

Key Petroleum Appoints New Director, Discloses Initial Shareholding
Jan 7, 2026

Key Petroleum Limited has announced the appointment of Jujun Zhang as a director of the company, effective 6 January 2026. In connection with the appointment, the company has disclosed that Zhang holds 2,954,682 ordinary shares in Key Petroleum, clarifying his initial equity stake and aligning his interests with existing shareholders under ASX disclosure rules.

The most recent analyst rating on (AU:KEY) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Key Petroleum Limited stock, see the AU:KEY Stock Forecast page.

Key Petroleum Names New CEO and Vice Chairman to Drive New Energy Strategy
Jan 7, 2026

Key Petroleum Limited has appointed Mr Jujun Zhang as Executive Director, Chief Executive Officer and Vice Chairman, effective 6 January 2026, as part of its efforts to advance its strategic objectives in the new energy power generation space. Zhang, a PRC national with a master’s degree and more than 20 years’ experience in power generation technologies and large-scale commercial projects, will concentrate on strategic development, investment and business development, while the existing Managing Director continues to oversee day-to-day operations; his appointment on a modest fixed remuneration underscores a governance structure aimed at strengthening leadership without disrupting current operational management.

The most recent analyst rating on (AU:KEY) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Key Petroleum Limited stock, see the AU:KEY Stock Forecast page.

Key Petroleum Announces Change in Company Secretary
Dec 16, 2025

Key Petroleum Limited has announced a change in its company secretary position, with Mr. Ian Gregory retiring after 13 years of service. Ms. Fang (Celine) Xia, an experienced Australian-qualified lawyer and founder of Ming Dao Law, will assume the role, bringing extensive expertise in corporate, regulatory, and governance matters, potentially strengthening the company’s operational and strategic capabilities.

Key Petroleum Limited Passes Key Resolutions at 2025 AGM
Nov 27, 2025

Key Petroleum Limited announced the successful passing of ten resolutions at its 2025 Annual General Meeting, including the adoption of the Remuneration Report and the election of new directors. The approval of key resolutions such as the Listing Rule 7.1A Mandate and the adoption of Proportional Takeover Provisions signals strategic moves that could enhance the company’s operational flexibility and governance structure, potentially impacting its market positioning and stakeholder interests.

Key Petroleum Alters AGM Timing for 2025
Nov 7, 2025

Key Petroleum Limited, an energy company listed on the Australian Securities Exchange under the ticker KEY, has announced a change in the timing of its 2025 Annual General Meeting. Originally scheduled for 2:00 pm AEDST, the meeting will now take place at 4:00 pm AEDST on the same day, 27 November 2025, due to administrative reasons. The location and agenda remain unchanged, and the company has expressed apologies for any inconvenience caused to shareholders.

Key Petroleum Poised for Growth with Strategic Basin Developments and Board Revamp
Oct 31, 2025

Key Petroleum Limited is advancing its core interests in the Cooper-Eromanga Basin with the imminent decision on its Potential Commercial Area applications, which could significantly elevate its operations and value. The company has strengthened its financial position with new shareholders and board changes, and is formulating a new development strategy that includes potential diversification beyond oil and gas projects.

Key Petroleum Addresses ASX Query on Trading Activity
Oct 30, 2025

Key Petroleum Limited has responded to a price and volume query from the Australian Securities Exchange (ASX) regarding a significant fluctuation in its securities’ trading. The company stated that it is unaware of any undisclosed information that could explain the recent trading activity and confirmed its compliance with ASX listing rules. This announcement reassures stakeholders of the company’s adherence to regulatory standards, despite the unexplained market movements.

Key Petroleum Requests Trading Halt Amid ASX Query
Oct 29, 2025

Key Petroleum Limited has requested a trading halt on its securities as it addresses a price and volume query from the Australian Securities Exchange (ASX). The halt will remain in effect until the company releases an announcement or normal trading resumes on October 31, 2025. This move is significant as it indicates the company is taking steps to address potential market concerns, which could impact investor confidence and market perception.

Key Petroleum Announces Digital-First Approach for Upcoming AGM
Oct 28, 2025

Key Petroleum Limited has announced its Annual General Meeting (AGM) scheduled for 27 November 2025, to be held at the office of ASF Group Limited in Sydney. The company will not be sending physical copies of the meeting notice, urging shareholders to access it online and submit proxy votes by 25 November 2025. This move aligns with recent amendments to the Corporations Act, reflecting a shift towards digital communication. The AGM is a crucial event for shareholders to discuss the company’s future directions and strategies.

Key Petroleum Schedules Digital-First AGM for November 2025
Oct 28, 2025

Key Petroleum Limited has announced its Annual General Meeting (AGM) scheduled for November 27, 2025, at ASF Group Limited Office in Sydney, Australia. The company has opted to provide the Notice of Meeting digitally, in line with the Corporations Amendment Act 2022, and encourages shareholders to access it online. Shareholders can vote in person or by proxy, with specific instructions provided for both methods. The meeting will address proposed resolutions affecting shareholder interests, emphasizing the importance of participation.

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.Date of analysis: Dec 30, 2025