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Prominence Energy Limited
(Sydney:PRM)
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Rating:46Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Reiterated
Date:08/04/26
The score is primarily held down by weak financial performance: negligible revenue, ongoing losses, and persistent negative operating/free cash flow. Low leverage provides some balance-sheet support, but valuation is constrained by a negative P/E and lack of dividend yield data, while technical signals are neutral due to missing indicators.
Positive Factors
Low leverage
Very low debt-to-equity gives the company structural balance-sheet resilience: it reduces default and interest-rate sensitivity, preserves flexibility for opportunistic financing, and lowers obligatory cash outflows — a durable risk-mitigation advantage for an exploration firm.
Negative Factors
Negligible revenue base
Revenue is almost non-existent, leaving the business reliant on capital markets or asset sales. Without a stable, growing revenue stream the company cannot self-fund operations, making long-term sustainability and progress toward commercial production highly uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Very low debt-to-equity gives the company structural balance-sheet resilience: it reduces default and interest-rate sensitivity, preserves flexibility for opportunistic financing, and lowers obligatory cash outflows — a durable risk-mitigation advantage for an exploration firm.
Read all positive factors
Prominence Energy Limited (PRM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$4.01M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)-0.08
Revenue GrowthN/A
EPS Growth65.31%
CountryAU
Employees4
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,675,467,300
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.78
Price to Sales (P/S)187748.39
P/FCF Ratio-0.81
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)N/A
Prominence Energy Limited Business Overview & Revenue Model
Company Description
Prominence Energy Ltd is an enterprise dedicated to the exploration, development, and production of oil and gas resources across Australia and the United States. The company's portfolio includes full ownership (100% working interest) of the Bowspr...
How the Company Makes Money
null...
Prominence Energy Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
52
Neutral
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 6.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -11.53K | 6.00 | -946.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -876.92K | -1.04M | -7.83M | 7.78M | -10.55M | 1.21M |
| Net Income | -990.45K | -1.16M | -7.84M | -980.00K | -10.71M | 1.21M |
Balance Sheet | ||||||
| Total Assets | 6.41M | 1.58M | 2.35M | 8.13M | 9.33M | 4.15M |
| Cash, Cash Equivalents and Short-Term Investments | 1.16M | 414.37K | 1.13M | 747.43K | 2.81M | 2.67M |
| Total Debt | 0.00 | 7.60K | 22.28K | 0.00 | 0.00 | 4.33K |
| Total Liabilities | 88.42K | 127.04K | 517.52K | 612.94K | 843.52K | 1.27M |
| Stockholders Equity | 6.33M | 1.45M | 1.83M | 7.52M | 8.49M | 2.88M |
Cash Flow | ||||||
| Free Cash Flow | -477.01K | -1.38M | -1.65M | -2.29M | -13.42M | -1.16M |
| Operating Cash Flow | -476.91K | -1.24M | -948.99K | -952.24K | -894.63K | -837.80K |
| Investing Cash Flow | -199.89K | -139.54K | -728.91K | -1.13M | -12.62M | -319.74K |
| Financing Cash Flow | 1.63M | 666.75K | 2.06M | 2.08M | 13.33M | 3.77M |
Prominence Energy Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
50 Neutral | AU$3.89M | -8.82 | -29.94% | ― | ― | 71.78% | |
46 Neutral | AU$4.01M | -0.91 | -25.48% | ― | ― | 65.31% | |
45 Neutral | AU$4.88M | -0.12 | -333.90% | ― | -7.22% | -85.87% | |
45 Neutral | AU$2.22M | 5.00 | 759.48% | ― | ― | ― | |
44 Neutral | AU$4.33M | -1.59 | -24.23% | ― | ― | 90.48% | |
41 Neutral | AU$5.82M | -0.93 | 249.17% | ― | 186.99% | 32.50% |
* Energy Sector Average
AU:PRM
Prominence Energy Limited
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AU:AOK
Sacgasco
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―
―
AU:VEN
Vintage Energy Ltd.
―
―
―
AU:TEG
Triangle Energy (Global) Limited
―
―
―
AU:FEL
IPB Petroleum Ltd.
0.01
0.00
0.00%
AU:KEY
Key Petroleum Limited
0.11
0.07
161.90%
Prominence Energy Limited Corporate Events
Prominence Energy Secures Native Title Deal to Unlock Major Gawler Hydrogen and Helium Acreage
Jul 30, 2026
Prominence Energy has reached a key milestone by finalising negotiations for an Indigenous Land Use Agreement with the Arabana Aboriginal Corporation, clearing the way for the award of four Petroleum Exploration Licence Applications in South Austr...
Prominence Energy Plans Issue of 20 Million ASX-Listed Options
Jul 30, 2026
Prominence Energy Limited has notified the ASX of a proposed placement involving up to 20 million options, each expiring on 24 June 2029 with an exercise price of $0.004. The new securities, carrying the code PRMAH, are scheduled for issue on 13 O...
Prominence Energy Names Darren Olsen Part-Time CFO to Support Financial Strategy
Jul 29, 2026
Prominence Energy Limited has appointed Darren Olsen as part-time Chief Financial Officer, bringing over 25 years of experience in taxation, business advisory and corporate finance, with CPA accreditation. The board expects his financial managemen...
Prominence Energy Advances SA Helium and Hydrogen Portfolio With Strong Quarter
Jul 29, 2026
Prominence Energy reported a pivotal June quarter in advancing its South Australian helium and natural hydrogen portfolio toward drilling planned for mid-2027. The company completed its first on-ground exploration program at PEL 803, moving from d...
Prominence Energy maps capital-efficient path to 2027 helium and hydrogen drilling
Jul 23, 2026
Prominence Energy Limited has outlined a capital-efficient plan to progress its South Australian helium and natural hydrogen portfolio toward drilling targeted for June or July 2027. The company’s strategy focuses on converting recent explor...
Prominence Energy reshapes company secretariat as it advances helium and hydrogen strategy
Jun 30, 2026
Prominence Energy Limited has announced a change in its company secretariat, with Jennifer Voon resigning as Joint Company Secretary effective 30 June 2026. The board thanked Ms Voon for her contribution, while confirming that existing Joint Compa...
Prominence Energy Director Increases Stake via Share Placement
Jun 24, 2026
Prominence Energy has disclosed a change in director Ian McCubbing’s interests following his participation in a recent share placement approved by shareholders on 18 June 2026. Through associated entities, McCubbing acquired 9,090,909 fully ...
Prominence Energy Issues 304.5 Million Unquoted Options in Capital Move
Jun 24, 2026
Prominence Energy Limited has issued 304,545,454 unquoted options exercisable at $0.004 and expiring on 24 June 2029, as notified to the ASX in an Appendix 3G filing. The options form part of a previously announced transaction structure, indicatin...
Prominence Energy issues new shares under cleansing notice, affirms disclosure compliance
Jun 24, 2026
Prominence Energy Limited has issued fully paid ordinary shares without a formal disclosure document, relying on provisions of the Corporations Act that allow such issuance when continuous disclosure obligations are met. The company stated it is f...
Prominence Energy Seeks ASX Quotation for 285 Million New Shares
Jun 24, 2026
Prominence Energy Limited has applied to the ASX for quotation of 284,921,812 new ordinary fully paid shares, with an issue date of June 24, 2026. The substantial volume of new securities, issued under a previously announced transaction, will expa...
Prominence Energy Wins Strong Shareholder Backing for Capital Raising Resolutions
Jun 18, 2026
Prominence Energy Limited reported the outcomes of its 18 June 2026 general meeting, where shareholders voted on a series of capital raising and director-related resolutions. All motions, including ratification of prior placement share issues, app...
Prominence Energy to brief investors on Gawler Basin hydrogen and helium plans
May 13, 2026
Prominence Energy will host an investor webinar led by Chief Operating Officer Dr Krista Davies to update shareholders on its Gawler Basin projects, with a focus on recent technical work and exploration activity for natural hydrogen and helium. Th...
Prominence Energy Confirms Compliance as It Clears New Share Issue
May 12, 2026
Prominence Energy Ltd has issued fully paid ordinary shares without a separate disclosure document, relying on provisions of the Corporations Act that allow such an issue when continuous disclosure obligations are met. The company states it is com...
Prominence Energy Seeks ASX Quotation for 424 Million New Shares
May 12, 2026
Prominence Energy Limited has applied to the ASX for quotation of 424,169,096 ordinary fully paid shares under its existing ticker PRM. The newly quoted securities were issued in line with a previously announced transaction framework, expanding th...
Prominence Energy Confirms Hydrogen, Helium and Methane in SA’s PEL 803
May 6, 2026
Prominence Energy has reported initial soil gas survey results from its PEL 803 licence on South Australia’s Eyre Peninsula, confirming the presence of natural hydrogen, helium and methane. The data, collected under soil moisture conditions ...
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.