Red Sky Energy Limited (ROG) AI Stock Analysis

• Market Cap: AU$24.40M
• Dividend Yield: N/A
• Average Volume (3M): 14.01M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.07
• Revenue Growth: 709.42%
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Energy
• Sector Strength: 42
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 5,422,227,000
• 10 Day Avg. Volume: 10,697,866
• 30 Day Avg. Volume: 14,011,195
• PEG Ratio: 0.40
• Price to Book (P/B): 2.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.01K
• 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: 56 Neutral
• Price Target: ―

Red Sky Energy Limited's overall score reflects its strong financial performance with significant revenue growth and a solid balance sheet. However, the lack of technical analysis data and valuation metrics makes comprehensive evaluation challenging. The absence of earnings call and corporate events data further limits the analysis. Continued improvement in cash flow management and operational efficiency could enhance future prospects.

Red Sky Energy Limited Business Overview & Revenue Model

Company Description

Red Sky Energy Limited (ROG) is an Australian oil and gas exploration and development company. The company focuses on identifying, acquiring, and developing oil and gas assets primarily located in Australia. With a strategic emphasis on expanding its portfolio through exploration and development projects, Red Sky Energy aims to contribute to the energy sector by bringing new resources to production.

How the Company Makes Money

Red Sky Energy Limited generates revenue primarily through the exploration and eventual production of oil and gas assets. The company invests in acquiring exploration permits and licenses, which allow it to explore and potentially develop oil and gas fields. Once resources are discovered and deemed commercially viable, Red Sky Energy can generate income through the sale of extracted oil and gas. Additionally, the company may enter into joint venture partnerships with other exploration and production companies to share risks and costs associated with large-scale projects. Key revenue streams include the sale of produced hydrocarbons and potential royalties or fees from partnerships and joint ventures. The company's financial performance is heavily influenced by global oil and gas prices, exploration success rates, and operational efficiency.

Red Sky Energy Limited Financial Statement Overview

Summary

Red Sky Energy Limited has shown significant financial improvement with a transition to profitability and impressive revenue growth. The company benefits from a strong balance sheet with no debt, minimizing financial risk. However, challenges in generating operating cash flow and historical volatility warrant caution.

Income Statement

Red Sky Energy Limited has shown a significant improvement in its financial performance over the past year. The company transitioned from a net loss in 2023 to a net profit in 2024, resulting in a positive net profit margin of 9.41%. Revenue growth is impressive, increasing from 357,903 to 2,896,956 AUD, a growth rate of 709.35%. Additionally, the gross profit margin stands at 70.85%, indicating strong control over production costs. However, the EBIT margin remains relatively low at 5.83%, suggesting that operating expenses are still a concern. Despite these gains, the company's historical performance shows volatility, which may pose risks moving forward.

Balance Sheet

The balance sheet of Red Sky Energy Limited appears robust with a strong equity position. The equity ratio is high at 84.54%, indicating a solid capital structure with minimal reliance on debt. The company has no debt, which minimizes financial risk. Additionally, the return on equity (ROE) is 3.74%, reflecting a moderate return on shareholder investment. While the company's assets have increased, a significant portion is held in cash, which might limit potential returns if not effectively utilized.

Cash Flow

Red Sky Energy Limited's cash flow statement reveals challenges in generating operating cash flow, which is currently at zero for 2024. Free cash flow, however, has improved significantly from a negative figure in 2023 to a positive 294,713 AUD in 2024. This improvement is largely due to reduced capital expenditures. The free cash flow to net income ratio suggests that not all net income is translating into cash, which could impact the company's liquidity if sustained. The historical cash flow trend highlights the need for improved cash management practices.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.90M	357.90K	0.00	0.00	0.00
	Gross Profit
2.05M	185.74K	-16.85K	-4.84K	-1.45K
	EBIT
168.88K	-1.67M	-1.72M	-1.54M	-796.98K
	EBITDA
254.05K	-1.62M	-1.59M	-1.38M	-1.74M
	Net Income Common Stockholders
272.41K	-1.56M	-1.68M	-1.51M	-1.78M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.96M	2.67M	4.17M	7.00M	786.93K
	Total Assets
8.61M	7.95M	8.12M	8.73M	908.73K
	Total Debt
0.00	0.00	0.00	0.00	341.20K
	Net Debt
-2.96M	-2.67M	-4.17M	-7.00M	-445.72K
	Total Liabilities
1.33M	1.53M	1.03M	562.62K	914.05K
	Stockholders Equity
7.28M	6.42M	7.09M	8.16M	-5.32K
Cash Flow		Free Cash Flow
294.71K	-1.50M	-2.83M	-2.18M	-399.68K
	Operating Cash Flow
924.28K	-695.19K	-1.14M	-1.50M	-381.15K
	Investing Cash Flow
-629.57K	-804.70K	-1.69M	-1.20M	-18.84K
	Financing Cash Flow
0.00	0.00	0.00	8.91M	1.07M

Red Sky Energy Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ORG	66 Neutral	$18.18B	12.84	14.75%	5.52%	8.09%	-13.99%
STO	63 Neutral	$21.32B	11.49	7.94%	5.31%	-7.99%	-12.27%
Sector *	57 Neutral	$7.22B	3.15	-4.49%	5.63%	0.82%	-49.15%
BPT	56 Neutral	$3.03B	32.92	2.70%	3.83%	6.43%	―
ROG	56 Neutral	AU$24.40M	―	3.98%	―	709.42%	―
CTP	46 Neutral	AU$43.97M	590.00	0.25%	―	-15.16%	-99.57%

Red Sky Energy Limited Corporate Events

Red Sky Energy Advances Projects in Australia and Angola

Red Sky Energy Limited reported steady operational performance at its Innamincka project, with significant revenue generated from gas sales. The company is advancing its Yarrow 1 well, aiming for increased cash flow in 2025, and is actively negotiating processing arrangements for its Killanoola project. In Angola, Red Sky has been awarded a 35% interest in Block 6/24, with promising resource estimates and potential for early production, supporting its growth strategy.

Red Sky Energy Announces 2025 Annual General Meeting Details

Red Sky Energy Limited has announced its 2025 Annual General Meeting, scheduled for May 21, 2024, in Melbourne. Shareholders are encouraged to vote via proxy by May 19, 2025. The company will communicate any changes to the meeting arrangements through the ASX platform, ensuring stakeholders are informed and engaged.

Red Sky Energy Limited Announces 2025 Annual General Meeting with Key Resolutions

Red Sky Energy Limited has announced its 2025 Annual General Meeting, scheduled for May 21, 2025, in Melbourne. The meeting will address several key resolutions, including the adoption of the 2024 Remuneration Report, the re-election of Mr. Adrien Wing as a director, and the approval of a 10% placement facility. Additionally, a spill resolution may be considered if a significant portion of shareholders oppose the Remuneration Report. These resolutions could impact the company’s governance structure and its ability to raise capital, influencing its strategic direction and stakeholder interests.

Red Sky Energy Announces Maiden Resource Estimates for Offshore Angola Block

Red Sky Energy has announced the completion of maiden resource estimates for Block 6/24, offshore Angola, where it holds a 35% working interest. The estimates include a Net Contingent Resource of 5.1 million barrels and a Net Prospective Resource of 11.0 million barrels for various prospects. The company aims for rapid appraisal and development, with potential for early production and cash flow. The evaluation, conducted by PetroAus, has refined resource estimates and identified additional exploration potential, setting a strong foundation for future development.

Red Sky Energy Unveils Significant Oil Resources in Offshore Angola

Red Sky Energy Limited announced the completion of maiden resource estimates for Block 6/24, offshore Angola, where it holds a 35% working interest. The estimates reveal significant oil resources in the Cegonha Cluster Area, with a net contingent resource of 5.1 million barrels and a net prospective resource of 11.0 million barrels. The company is poised for rapid appraisal and development, with a focus on advancing exploration and unlocking value from the asset. The assessment by PetroAus has refined resource estimates and identified additional potential, positioning Block 6/24 as a cornerstone growth asset for Red Sky. The company aims to progress towards commercialization and deliver long-term value for shareholders.

Red Sky Energy Releases 2024 Corporate Governance Statement

Red Sky Energy Limited has released its corporate governance statement for the financial year ending December 31, 2024, which is now available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting their commitment to transparency and accountability in their management practices.

Red Sky Energy Releases 2024 Annual Report Highlighting Strategic Growth

Red Sky Energy Limited has released its annual report for the year ending December 31, 2024, detailing its financial performance and strategic initiatives. The report highlights the company’s efforts to strengthen its operational capabilities and improve its financial standing, which are crucial for its growth and competitiveness in the energy market.

Red Sky Energy Advances Yarrow 1 Fracture Stimulation with Promising Results

Red Sky Energy Limited has successfully completed two hydraulic fracturing stages at the Yarrow 1 well, part of the Innamincka Dome Project operated by Santos Limited. The flowback operations have shown promising results with a final gas rate of approximately 1.8 MMscf/d. The company is now preparing for post-frac workover and the construction of a flowline, expected to begin in Q2 2025, aiming to bring the well online by Q3 2025. This progress marks a significant milestone in the project, potentially enhancing Red Sky’s operational capabilities and market positioning.

Red Sky Energy to Commence Fracture Stimulation at Yarrow 1 Well

Red Sky Energy Limited has announced the commencement of fracture stimulation for the Yarrow 1 well in the Innamincka Dome Project, operated by Santos Limited. This operation is expected to significantly boost production rates, ranging from 1.6 to 3.6 million standard cubic feet per day, and is on track for full operational status by Q2 2025, thereby enhancing the company’s cash flow and stakeholder value.