Pancontinental Energy NL (PCL) AI Stock Analysis

• Market Cap: AU$81.37M
• Dividend Yield: N/A
• Average Volume (3M): 7.56M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.79
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 5
• Sector: Energy
• Sector Strength: 46
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 8,136,586,000
• 10 Day Avg. Volume: 4,069,715
• 30 Day Avg. Volume: 7,556,711
• PEG Ratio: N/A
• Price to Book (P/B): 6.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -33.20K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 37 Underperform
• Price Target: ―

Pancontinental Energy NL's stock is rated at the lowest possible score due to significant financial challenges, including zero revenue generation and increasing losses. Although the company benefits from a debt-free balance sheet, its inability to generate operational cash flow poses severe sustainability concerns. The lack of technical analysis data and a negative P/E ratio further undermine its investment appeal.

Pancontinental Energy NL Business Overview & Revenue Model

Company Description

Pancontinental Energy NL explores for oil and gas properties in Australia, Namibia, and Kenya. The company holds interests in the PEL 37 project in Walvis Basin and the PEL 87 project in Orange Basin located in offshore Namibia; the Meeba project and Cooper Eromanga Basin located in Queensland, Australia; and the Amu Basin L6 located in Kenya. The company was formerly known as Pancontinental Oil & Gas NL and changed its name to Pancontinental Energy NL in September 2021. Pancontinental Energy NL was incorporated in 1985 and is based in West Perth, Australia.

How the Company Makes Money

Pancontinental Energy NL makes money primarily through the exploration and potential development of oil and gas reserves. The company's revenue model involves identifying promising hydrocarbon prospects, investing in exploration activities, and subsequently developing these reserves if commercially viable quantities are discovered. Key revenue streams include the sale of oil and gas produced from successful exploration projects, as well as potential joint ventures and farm-out agreements with other energy companies. These partnerships can provide upfront cash payments, funding for exploration activities, and shared revenue from developed reserves. Additionally, Pancontinental Energy may benefit from licensing fees or royalties associated with its exploration projects.

Pancontinental Energy NL Financial Statement Overview

Summary

Pancontinental Energy NL faces significant financial challenges, with no revenue and increasing losses impacting profitability and cash flow. While the debt-free balance sheet is a positive aspect, the company's inability to generate operational cash flow and reliance on external financing highlight sustainability concerns. Strategic adjustments are necessary to improve financial health and operational efficiency.

Income Statement

The company has consistently reported zero revenue across the years, indicating a lack of operational income generation. Gross profit has been negative, and net income has deteriorated over time with increasing losses, suggesting poor cost management and profitability. The absence of revenue growth and negative EBIT and EBITDA margins highlight significant financial challenges.

Balance Sheet

The company maintains a strong equity position with no debt, resulting in a debt-to-equity ratio of zero, which is favorable. However, the equity ratio has fluctuated, and the company's assets have not grown significantly. The return on equity is negative due to the consistent net losses, indicating inefficiency in generating returns for shareholders.

Cash Flow

Operating cash flow has been negative, reflecting poor cash generation from core operations. Free cash flow is also negative, and although free cash flow to net income ratio cannot be calculated due to negative figures, it suggests liquidity issues. The company relies heavily on financing activities for cash, which is unsustainable in the long term.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-2.06K	-3.45K	-2.18K	-3.01K	-6.26K	-10.30K
	EBIT
―	-934.22K	-875.03K	-823.02K	-729.37K	-948.26K
	EBITDA
―	-1.08M	-717.77K	-745.20K	-687.34K	-4.45M
	Net Income Common Stockholders
―	-2.34M	-1.87M	-823.18K	-788.16K	-4.46M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.60M	4.30M	5.30M	274.05K	394.41K	567.36K
	Total Assets
8.76M	9.10M	9.45M	3.65M	3.47M	3.52M
	Total Debt
0.00	0.00	476.56K	476.56K	476.56K	476.56K
	Net Debt
-3.60M	-4.30M	-4.82M	202.51K	82.15K	-90.80K
	Total Liabilities
897.88K	823.28K	779.07K	711.69K	785.87K	613.57K
	Stockholders Equity
9.33M	9.75M	10.14M	4.45M	4.19M	4.41M
Cash Flow		Free Cash Flow
―	-1.80M	0.00	-1.11M	-810.24K	-1.29M
	Operating Cash Flow
―	-1.79M	-1.53M	-1.10M	-806.72K	-1.29M
	Investing Cash Flow
0.00	-13.97K	-55.28K	-3.52K	-3.52K	-216.03K
	Financing Cash Flow
―	807.63K	6.56M	976.24K	674.00K	―

Pancontinental Energy NL Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUE	70 Outperform	AU$80.40M	8.52	13.84%	17.39%	-16.65%	-46.22%
Sector *	57 Neutral	$7.22B	3.16	-4.49%	5.63%	0.82%	-49.15%
PCL	37 Underperform	AU$81.37M	―	-22.55%	―	―	―
MEOAF		$54.74M	30.00	3.72%	―	―	―
NZEOF		$51.65M	―		4.94%	―	―
KKO	42 Neutral	AU$71.63M	―	-9.01%	―	―	32.31%
IVZ	31 Underperform	AU$83.38M	―	-3.38%	―	―	53.23%

Pancontinental Energy NL Corporate Events

Pancontinental Energy Addresses ASX Query Amid Rising Market Interest

Pancontinental Energy NL has responded to a query from the Australian Securities Exchange regarding a recent increase in the price and volume of its securities. The company attributes this interest to strong industry attention towards its PEL 87 farmin opportunity and recent positive developments in nearby hydrocarbon discoveries, which enhance the potential of its Saturn Complex. Pancontinental Energy confirms its compliance with ASX Listing Rules, particularly Rule 3.1, and assures stakeholders of its commitment to transparency.

Pancontinental Energy Advances Exploration in Saturn Complex

Pancontinental Energy NL has reported significant progress in its exploration activities within the Saturn Complex, estimating prospective resources at 3.8 billion barrels of oil. The company has received strong interest from major industry players for its PEL 87 farm-in opportunity and is advancing its Environmental Impact Assessment to secure drilling approvals. This development could enhance Pancontinental’s positioning in the energy market, potentially leading to lucrative partnerships and increased exploration activities.

Pancontinental Energy NL Reports Quarterly Cash Flow with Strategic Financing

Pancontinental Energy NL reported its quarterly cash flow, highlighting a net cash outflow from operating activities amounting to $355,000 and from investing activities totaling $248,000. Despite these outflows, the company managed to secure $60,000 from financing activities, reflecting a strategic effort to maintain liquidity. This financial update indicates Pancontinental’s ongoing investment in exploration and evaluation, which is crucial for its long-term growth and competitiveness in the energy sector.

Pancontinental Energy Unveils Significant Prospective Resources in Namibia’s PEL 87 Project

Pancontinental Energy NL has announced an update on its PEL 87 project, revealing significant prospective resources in the Orange Basin, offshore Namibia. The company has identified six new leads in addition to the previously reported Oryx and Hyrax targets, with a total high case prospective resource estimated at 3.8 billion barrels of oil. The announcement highlights the project’s potential, positioning Pancontinental favorably in the Namibian oil exploration sector. The company is actively seeking a farm-in partner to fund exploration drilling, which could enhance its strategic positioning and offer substantial benefits to stakeholders.

Pancontinental Energy Seeks New Partner for PEL 87 Project After Woodside Withdrawal

Pancontinental Energy NL announced that Woodside Energy has decided not to exercise its option to farm into the PEL 87 project offshore Namibia. Despite this, Pancontinental is actively seeking an alternative partner to fund exploration drilling, leveraging its low cash burn and existing third-party interest. The company remains optimistic about the project’s potential, supported by high-quality seismic data and its proximity to major discoveries in the region. The PEL 87 project, covering 10,970 km2, is strategically positioned near significant hydrocarbon finds by major companies like Galp Energia, TotalEnergies, and Shell.

Pancontinental Energy Requests Trading Halt Pending PEL 87 Announcement

Pancontinental Energy NL, a company listed on the ASX, has requested a trading halt on its securities pending an announcement related to its PEL 87 project. The halt is intended to maintain an orderly market and manage disclosure obligations, with trading expected to resume by 19 March 2025 or upon the release of the announcement.