NuEnergy Gas Limited (AU:NGY)
ASX:NGY
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NuEnergy Gas Limited
(Sydney:NGY)
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Rating:42Neutral
Price Target:
AU$0.04
▲(23.33% Upside)
Action:Reiterated
Date:04/03/26
The score is primarily weighed down by weak financial performance—no revenue, ongoing losses, and negative operating/free cash flow—despite a relatively low-leverage balance sheet. Technical signals are mixed but lean soft given the price below short-term averages, and valuation support is limited because the company is loss-making with no dividend yield data.
Positive Factors
Contained leverage (low debt-to-equity)
A debt-to-equity ratio in the mid‑teens implies limited leverage, giving the company structural financial flexibility. Over a multi‑month horizon this reduces refinancing and interest-rate risk, supports financing of exploration activity, and helps absorb near-term cash shortfalls without forcing distressed asset sales.
Negative Factors
No reported revenue historically
Absence of reported revenue over the sample period means the business lacks proven commercial cash generation. Over 2–6 months this preserves high execution and commercialisation risk: it limits visibility on future margins, makes growth assumptions speculative, and increases reliance on external funding to progress projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Contained leverage (low debt-to-equity)
A debt-to-equity ratio in the mid‑teens implies limited leverage, giving the company structural financial flexibility. Over a multi‑month horizon this reduces refinancing and interest-rate risk, supports financing of exploration activity, and helps absorb near-term cash shortfalls without forcing distressed asset sales.
Read all positive factors
NuEnergy Gas Limited (NGY) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$65.25M
Dividend YieldN/A
Average Volume (3M)116.48K
Price to Earnings (P/E)―
Beta (1Y)-0.83
Revenue GrowthN/A
EPS Growth50.00%
CountryAU
Employees2
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.00
Shares Outstanding1,918,998,900
10 Day Avg. Volume276,056
30 Day Avg. Volume116,477
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)1.20
Price to Sales (P/S)0.00
P/FCF Ratio-12.47K
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$3.10M
NuEnergy Gas Limited Business Overview & Revenue Model
Company Description
NuEnergy Gas Limited, an independent clean energy company, focuses on the acquisition, exploration, and development of coal bed methane gas projects in Indonesia. It operates six unconventional gas production sharing contracts covering an area of ...
How the Company Makes Money
null...
NuEnergy Gas Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -27.68K |
| EBITDA | -334.26K | 0.00 | -480.00K | -642.00K | -1.23M | 6.98M |
| Net Income | -587.06K | -941.12K | -807.00K | -1.04M | -1.91M | 6.66M |
Balance Sheet | ||||||
| Total Assets | 51.17M | 48.84M | 42.43M | 43.51M | 42.69M | 40.53M |
| Cash, Cash Equivalents and Short-Term Investments | 2.56M | 2.43M | 145.79K | 2.04M | 4.13M | 6.18M |
| Total Debt | 5.27M | 5.28M | 4.86M | 4.56M | 4.15M | 3.56M |
| Total Liabilities | 17.10M | 16.90M | 16.15M | 16.15M | 15.52M | 14.24M |
| Stockholders Equity | 33.65M | 31.52M | 25.86M | 26.94M | 26.75M | 26.16M |
Cash Flow | ||||||
| Free Cash Flow | -3.16M | -3.03K | -1.66M | -2.07M | -1.47M | -1.86M |
| Operating Cash Flow | 644.13K | -603.00 | -234.87K | -700.26K | -276.27K | -700.99K |
| Investing Cash Flow | -6.42M | -3.05K | -1.06M | -1.37M | 2.04M | 1.56M |
| Financing Cash Flow | 3.43M | 5.94K | 0.00 | 2.06M | -1.76M | 578.23K |
NuEnergy Gas Limited Technical Analysis
Negative
0.03
Price Trends
0.04
Negative
0.04
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
44.44
Neutral
77.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NGY, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.44 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NGY.
NuEnergy Gas Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | AU$87.74M | 3.94 | 12.05% | 13.04% | 12.55% | -25.19% | |
77 Outperform | AU$71.86M | 10.36 | 15.05% | ― | 15.14% | 20.59% | |
67 Neutral | AU$80.62M | -40.18 | 2.32% | 6.72% | 30.05% | 614.71% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
58 Neutral | AU$53.45M | -6.85 | 11.28% | ― | 29.92% | 6000.00% | |
45 Neutral | AU$72.20M | -9.56 | -5.81% | ― | ― | 34.09% | |
42 Neutral | AU$65.25M | -54.89 | -1.80% | ― | ― | 50.00% |
* Energy Sector Average
AU:NGY
NuEnergy Gas Limited
0.03
0.01
70.00%
AU:CUE
Cue Energy Resources Limited
0.13
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27.55%
AU:ECH
New Zealand Oil & Gas Limited
0.36
0.02
4.96%
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Po Valley Energy Limited
0.06
0.02
51.22%
AU:CTP
Central Petroleum Limited
0.07
0.01
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AU:KKO
Kinetiko Energy Ltd.
0.05
>-0.01
-16.07%
NuEnergy Gas Limited Corporate Events
NuEnergy Gas Posts Continued Cash Burn as Development Spending Weighs on March Quarter
Apr 28, 2026
NuEnergy Gas Limited reported continued cash outflows from operations for the quarter ended 31 March 2026, with no receipts from customers and development costs of A$1.27 million driving a net operating cash outflow of A$1.51 million. Administrati...
NuEnergy moves closer to first gas from Indonesian CBM project with BJEL-backed development plan
Apr 28, 2026
NuEnergy Gas advanced towards initial commercialisation of its Indonesian CBM assets during the March 2026 quarter, progressing its Tanjung Enim Early Gas Sales Initiative with four production wells now drilled and gas flow rates ramping up as dew...
NuEnergy Extends EPCC Deadline as It Refines Tanjung Enim CBM Development Plan
Apr 7, 2026
NuEnergy Gas Limited has updated its collaboration with PT Beijing Energy Linking for the development of its coalbed methane assets in South Sumatra, Indonesia, extending the deadline for signing the EPCC contract for the Tanjung Enim POD 1 projec...
NuEnergy Gas cites analyst coverage, sector sentiment after ASX price query
Mar 25, 2026
NuEnergy Gas Limited has told the ASX it is not aware of any undisclosed information that could explain a sharp rise in its share price and trading volumes on 25 March 2026. In response to a formal price query, the board said it remains in full co...
NuEnergy Gas Requests Trading Halt Pending ASX Price Query Response
Mar 25, 2026
NuEnergy Gas Limited has requested a trading halt in its securities on the ASX pending the release of an announcement responding to a price query from the exchange. The halt will remain in place until the announcement is released or normal trading...
NuEnergy Gas Issues Interim Half-Year Financial Report for December 2025
Mar 15, 2026
NuEnergy Gas Limited has released its half-year financial report for the period ended 31 December 2025, providing condensed consolidated financial statements and related disclosures. The report is an interim document and is intended to be read in ...
NuEnergy amends quarterly report as Tanjung Enim gas project advances
Mar 10, 2026
NuEnergy Gas Limited has issued an amended December 2025 quarterly activities report to meet additional ASX disclosure requirements, including detailed summaries of exploration and development expenses, a tenement schedule, and confirmation of no ...
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.