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Prominence Energy Limited
(Sydney:PRM)
Prominence Energy Limited (PRM) vs. iShares MSCI Australia ETF (EWA)
Prominence Energy Limited Business Overview & Revenue Model
Prominence Energy Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 6.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -15.90K | 6.00 | -946.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -1.04M | -1.04M | -7.83M | 7.78M | -10.55M | 1.21M |
| Net Income | -420.30K | -1.16M | -7.84M | -980.00K | -10.71M | 1.21M |
Balance Sheet | ||||||
| Total Assets | 1.58M | 1.58M | 2.35M | 8.13M | 9.33M | 4.15M |
| Cash, Cash Equivalents and Short-Term Investments | 414.37K | 414.37K | 1.13M | 747.43K | 2.81M | 2.67M |
| Total Debt | 7.60K | 7.60K | 22.28K | 0.00 | 0.00 | 4.33K |
| Total Liabilities | 127.04K | 127.04K | 517.52K | 612.94K | 843.52K | 1.27M |
| Stockholders Equity | 1.45M | 1.45M | 1.83M | 7.52M | 8.49M | 2.88M |
Cash Flow | ||||||
| Free Cash Flow | -433.00K | -1.24M | -1.65M | -2.29M | -13.42M | -1.16M |
| Operating Cash Flow | -432.89K | -1.24M | -948.99K | -952.24K | -894.63K | -837.80K |
| Investing Cash Flow | -139.54K | -139.54K | -728.91K | -1.13M | -12.62M | -319.74K |
| Financing Cash Flow | 666.75K | 666.75K | 2.06M | 2.08M | 13.33M | 3.77M |
Prominence Energy Limited Peers Comparison
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% | |
44 Neutral | AU$3.15M | ― | ― | ― | ― | ― | |
43 Neutral | AU$4.38M | ― | -71.63% | ― | ― | 94.13% | |
43 Neutral | AU$1.96M | -2.91 | -42.33% | ― | ― | 53.72% | |
37 Underperform | AU$2.35M | ― | -26.79% | ― | -26.88% | 24.00% | |
37 Underperform | AU$2.25M | -3.79 | ― | ― | -16.19% | -61.11% |
Prominence Energy Limited Corporate Events
Prominence Energy Limited has notified the ASX of the initial director’s interest holdings for newly appointed director Mike Fischer, effective 1 January 2026. Fischer holds 1,256,265 shares, 16,057,907 unlisted options exercisable at $0.007 and expiring in December 2029, and Class C and Class D performance rights expiring in December 2030, with no additional indirect interests or contract-related interests disclosed. The filing clarifies Fischer’s equity-aligned stake in the company at the outset of his directorship, providing transparency for shareholders about his incentives and alignment with investor interests.
The most recent analyst rating on (AU:PRM) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Prominence Energy Limited stock, see the AU:PRM Stock Forecast page.
Prominence Energy Limited has announced that director Quinton Meyers has ceased his role as a director of the company effective 31 December 2025. At the time of his departure, Meyers held 2,857,143 shares in the company along with 23,952,381 unlisted options across two series with different exercise prices and expiry dates, and he had no additional relevant interests in securities or contracts disclosed. This change in board composition adjusts the company’s governance profile but does not, based on the notice, indicate any immediate change to its operational or strategic settings.
The most recent analyst rating on (AU:PRM) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Prominence Energy Limited stock, see the AU:PRM Stock Forecast page.
Prominence Energy Ltd announced the issuance of 95 million fully paid ordinary shares to GTT Ventures Pty Ltd as part of facilitating the acquisition of Gawler Group Holdings Pty Ltd. This move underscores the company’s commitment to expanding its portfolio, including innovative energy storage and renewable energy initiatives. With a focus on natural hydrogen as a renewable zero-carbon fuel, the company continues to position itself as a forward-thinking player in the energy sector.
Prominence Energy Limited announced the issuance of unquoted securities, including options and performance rights with expiration dates in 2029 and 2030, as part of an earlier disclosed transaction. This move aims to incentivize performance and align stakeholders with the company’s strategic objectives, potentially strengthening its position in the energy sector.
Prominence Energy Limited has announced the quotation of 570,000,000 fully paid ordinary securities as part of a previously disclosed transaction. This move is expected to support the company’s capital deployment strategy and enhance its market presence on the ASX, presenting potential opportunities for stakeholders and boosting liquidity for its securities.
Prominence Energy Ltd has announced a change in the relevant interests of its director, Mr. Troy Hayden, due to the expiry of Class A and Class B performance rights granted in 2022. This adjustment reflects a reduction in his securities held, highlighting the resolution of previous performance-linked agreements, which could influence stakeholder perspectives on the company’s incentive programs and governance policies.
Prominence Energy Limited announced the cessation of 1.7 million Class A and Class B performance rights, which expired without exercise or conversion on December 15, 2025. This announcement reflects changes in the company’s issued securities, which may affect investor perceptions surrounding its operational and strategic positioning.
Prominence Energy Limited has completed the acquisition of the Gawler Natural Hydrogen Project, marking a strategic expansion into the burgeoning natural hydrogen and helium exploration industry. This acquisition positions the company as a major player in a globally recognized exploration hotspot, enhancing its operational capabilities and market presence. The addition of Dr. Mike Fischer to the board further strengthens the company’s strategic and technical leadership, supporting its exploration initiatives and corporate strategy execution.
Prominence Energy Limited has released a presentation providing an overview of its business activities and exploration efforts in the natural hydrogen sector. The company emphasizes the speculative nature of its investments and advises potential investors to conduct independent evaluations. The presentation highlights the potential for future development projects to recover undiscovered petroleum resources, although these estimates carry risks related to discovery and development.
Prominence Energy Ltd held its Annual General Meeting on November 28, 2025, where all resolutions were carried, including the re-election of directors and approval of various share and option issuances. The company announced the retirement of Director Quinton Meyers, effective December 31, 2025, and expressed gratitude for his contributions. This meeting underscores the company’s strategic focus on expanding its investment portfolio and maintaining strong leadership, which could impact its market positioning and stakeholder confidence.
Prominence Energy Limited has released a presentation providing an overview of its business activities and technical capabilities. The document highlights the company’s focus on exploring prospective petroleum resources, emphasizing the speculative nature of such investments. It also underscores the inherent risks and uncertainties associated with forward-looking statements, advising potential investors to conduct independent evaluations.
Prominence Energy Limited has made significant progress in its Gawler Hydrogen Project, confirming high-grade natural hydrogen potential and advancing plans for a geochemical survey to validate these findings. The company has also strengthened its technical team and is poised to enhance its exploration capabilities. Additionally, Prominence Energy’s participation in the H2MEET Korea 2025 exhibition underscores its strategic positioning in the global hydrogen market, providing access to key regional networks and supporting its low-carbon energy transition strategy.
Prominence Energy Ltd has announced its Annual General Meeting, scheduled for November 28, 2025, at Nexia Perth, Perth WA. The company is encouraging shareholders to participate in the meeting through various voting methods, including online and proxy voting, to ensure their voices are heard in the decision-making process.
Prominence Energy Limited has extended its agreement with Gawler Group Holdings to acquire a 100% interest in the Gawler Hydrogen Project in South Australia, extending the deadline to December 2025. This extension allows for the completion of regulatory processes, following the recent award of Petroleum Exploration Licence 803 to a Gawler subsidiary, which is crucial for advancing natural hydrogen exploration. The project is expected to position South Australia as a leader in the emerging natural hydrogen industry, enhancing PRM’s strategic positioning in green energy.
Prominence Energy Limited has achieved a significant milestone with the formal award of Petroleum Exploration Licence (PEL) 803 for the Gawler Hydrogen Project in South Australia. This award positions Prominence as one of only four dedicated natural hydrogen operators in the state, highlighting its strategic role in the clean energy transition. The company has strengthened its leadership with the appointment of Dr. Krista Davies as COO, who brings extensive experience in natural hydrogen exploration. Prominence is now poised to accelerate exploration programs and capitalize on the global shift towards low-carbon energy systems, pending final regulatory approval for the Gawler Hydrogen Project acquisition.