Stonehorse Energy Ltd (SHE) AI Stock Analysis

• Market Cap: AU$4.11M
• Dividend Yield: N/A
• Average Volume (3M): 11.36K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: -16.79%
• EPS Growth: -205.26%
• Country: AU
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): <0.01
• Shares Outstanding: 684,460,100
• 10 Day Avg. Volume: 11,356
• 30 Day Avg. Volume: 11,356
• PEG Ratio: 0.01
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.99
• P/FCF Ratio: -3.40
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: AU$0.01 ▲(0.00% Upside)

The score is primarily held back by weakened operating performance and negative recent free cash flow, despite the strength of a debt-free balance sheet. Technical and valuation inputs were not provided, limiting confirmation from market trend and pricing metrics.

Positive Factors

Debt-Free Balance Sheet

A debt-free balance sheet enhances financial stability and flexibility, allowing the company to invest in growth opportunities without the burden of interest payments.

Strategic Expansion in Canada

Expanding operations in a resource-rich area like the Western Canadian Sedimentary Basin positions the company for long-term growth and increased production capacity.

Strong Canadian Production

Strong production performance in Canada indicates operational efficiency and potential for revenue growth, supporting the company's strategic focus on this region.

Negative Factors

Negative Free Cash Flow

Persistent negative free cash flow raises concerns about the company's ability to sustain operations and fund future investments without external financing.

Declining Revenue

A significant decline in revenue highlights challenges in maintaining sales momentum, which can impact profitability and long-term growth prospects.

Profitability Deterioration

The shift from profit to loss indicates weakened earnings power, which may affect the company's ability to reinvest in its operations and support shareholder returns.

Stonehorse Energy Ltd Business Overview & Revenue Model

Company Description

Stonehorse Energy Limited operates as an oil and gas exploration and production company in the United States. The company holds working interests in eleven oil and gas wells located in Carter County and Oklahoma. Stonehorse Energy Limited was incorporated in 1999 and is based in Perth, Australia.

How the Company Makes Money

Stonehorse Energy Ltd generates revenue through the exploration, extraction, and sale of oil and natural gas. The company is involved in acquiring and developing oil and gas properties, which are then extracted and sold to various markets. Revenue streams include the sale of crude oil, natural gas, and natural gas liquids, which are sold at prevailing market prices. The company may also engage in strategic partnerships and joint ventures with other energy companies to share resources and expertise, thereby enhancing its operational capabilities and financial returns. Additionally, Stonehorse Energy Ltd may benefit from hedging activities to manage price volatility and secure consistent revenue streams.

Stonehorse Energy Ltd Financial Statement Overview

Summary

Mixed fundamentals. The company has a conservatively positioned balance sheet with zero reported debt (Balance Sheet Score 78), but profitability deteriorated sharply with FY2025 revenue down 18.5% YoY and a swing to a net loss (Income Statement Score 46). Cash generation is a key weakness with continued negative free cash flow in FY2024–FY2025 (Cash Flow Score 34).

Income Statement

Profitability has been volatile. Revenue declined in FY2025 (-18.5% YoY) and the company swung from a profit in FY2024 (net margin ~31%) to a loss in FY2025 (net margin ~-39%). Gross margin remains positive in FY2025 (~43%), but earnings power weakened meaningfully versus the very strong FY2022–FY2023 period, highlighting sensitivity to operating conditions/realizations and cost structure.

Balance Sheet

The balance sheet looks conservatively positioned with zero reported debt across the period and a large equity base (FY2025 equity ~$13.8m vs. assets ~$14.3m). That said, returns on equity turned negative in FY2025 (about -9.9%), reflecting that recent losses are eroding shareholder value even with low financial leverage.

Cash Flow

Cash generation is mixed and recently weaker. Operating cash flow stayed positive in FY2025 (~$0.11m) but was much lower than prior years, and free cash flow was negative in FY2024 and FY2025 (FY2025 about -$1.0m), indicating ongoing cash outflow after investment spend. Earlier years (FY2022–FY2023) showed strong operating and positive free cash flow, but the recent reversal raises funding and sustainability concerns if it persists.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.24M	3.46M	4.16M	4.15M	7.75M	673.25K
Gross Profit	3.54M	1.48M	2.72M	3.64M	7.29M	362.69K
EBITDA	538.50K	-3.70K	1.10M	2.88M	6.68M	-840.00K
Net Income	-182.00K	-1.37M	1.28M	812.35K	3.60M	-204.00K
Balance Sheet
Total Assets	13.46M	14.34M	15.43M	15.90M	14.73M	8.84M
Cash, Cash Equivalents and Short-Term Investments	6.89M	5.63M	6.80M	11.32M	9.06M	4.29M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	453.31K	543.92K	408.78K	2.21M	1.91M	375.91K
Stockholders Equity	13.01M	13.80M	15.02M	13.70M	12.82M	8.46M
Cash Flow
Free Cash Flow	1.16M	-1.01M	-4.43M	2.29M	3.96M	-3.49M
Operating Cash Flow	1.05M	113.29K	810.21K	2.71M	6.59M	-727.60K
Investing Cash Flow	104.93K	-1.12M	-5.24M	-413.46K	-2.63M	-2.89M
Financing Cash Flow	0.00	9.56K	0.00	720.88K	720.88K	4.70M

Stonehorse Energy Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SHE	51 Neutral	AU$4.11M	―	-9.49%	―	-16.79%	-205.26%
LIO	46 Neutral	AU$8.14M	-4.86	-16.03%	―	-47.23%	-2.78%
BUY	45 Neutral	AU$4.68M	―	-30.63%	―	-32.65%	-66.67%
TEG	44 Neutral	AU$6.60M	―	―	―	―	―
IPB	44 Neutral	AU$5.12M	-25.00	-7.32%	―	―	90.70%

Stonehorse Energy Ltd Corporate Events

Stonehorse Energy’s AGM Results: Key Resolutions and Implications

Stonehorse Energy Limited held its Annual General Meeting, where shareholders voted on various resolutions. The remuneration report and a conditional spill resolution were not carried, while the re-election of director Nicholas Ong was approved. These outcomes reflect the company’s current governance and strategic direction, impacting its operational focus and stakeholder engagement.

Stonehorse Energy Reports Strong Canadian Production and Strategic Focus

Stonehorse Energy Limited reported steady operational performance for the quarter ending September 2025, driven by higher-than-expected production numbers from its Canadian operations. The company generated A$682k in revenue from its Canadian and US wells, with total cash reserves of approximately A$6.3 million. Stonehorse is focusing on business development initiatives in the Western Canadian Sedimentary Basin, despite a challenging price environment, and is considering increasing its resources in Canada. The company also announced the resignation of a board director and is managing day-to-day operations under the Executive Chairman.

Stonehorse Energy Ltd Announces 2025 Annual General Meeting with Digital Notice

Stonehorse Energy Ltd has announced its Annual General Meeting (AGM) for shareholders, scheduled for November 27, 2025, in Perth, WA. In line with recent changes to the Corporations Act 2001, the company will provide the notice of the meeting electronically, encouraging shareholders to submit proxy votes and questions in advance. This move towards digital communication reflects a broader industry trend and aims to enhance shareholder engagement and streamline operations.

Stonehorse Energy Embraces Digital Communication for Upcoming AGM

Stonehorse Energy Limited has announced its Annual General Meeting scheduled for November 27, 2025, in Perth. In line with recent legislative changes, the company will provide meeting notices electronically, urging shareholders to submit proxy votes online and engage in the meeting through digital platforms. This move reflects a broader industry trend towards digital transformation and aims to enhance shareholder participation and streamline communication.

Stonehorse Energy Ltd Announces Annual General Meeting Details

Stonehorse Energy Ltd has announced its upcoming Annual General Meeting, set to take place on November 27, 2025, in Perth, Australia. The meeting is crucial for shareholders as it involves voting on significant matters affecting their shareholding. Shareholders are encouraged to participate either in person or by proxy, with detailed instructions provided for proxy voting to ensure their voices are heard.