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 |
EBITDA | ― | -1.08M | -717.77K | -745.20K | -687.34K | -4.45M |
Net Income | ― | -2.34M | -1.87M | -823.18K | -788.16K | -4.46M |
Balance Sheet | ||||||
Total Assets | 8.76M | 9.10M | 9.45M | 3.65M | 3.47M | 3.52M |
Cash, Cash Equivalents and Short-Term Investments | 3.60M | 4.30M | 5.30M | 274.05K | 394.41K | 567.36K |
Total Debt | 0.00 | 0.00 | 476.56K | 476.56K | 476.56K | 476.56K |
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 | ― |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | $24.82B | 13.38 | 7.94% | 4.26% | -7.99% | -12.27% | |
70 Neutral | AU$18.63B | 13.15 | 14.75% | 5.53% | 8.09% | -13.99% | |
64 Neutral | $325.06M | 15.04 | 17.20% | 23.14% | -28.47% | -67.00% | |
58 Neutral | $2.96B | 32.18 | 2.70% | 7.06% | 6.43% | ― | |
44 Neutral | AU$1.36B | -6.68 | -23.02% | 6.85% | 5.33% | -26.92% | |
37 Underperform | $97.64M | ― | -22.55% | ― | ― | ― |
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 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 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 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 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 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.