Stonehorse Energy Ltd (SHE) AI Stock Analysis

• Market Cap: AU$4.79M
• Dividend Yield: N/A
• Average Volume (3M): 11.36K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• 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

Stonehorse Energy Ltd demonstrates a commendable financial position characterized by zero debt and strong equity. The income statement reflects stable revenues and improved profitability, though growth is limited. Cash flow challenges, particularly the recent negative free cash flow, highlight potential liquidity concerns. Overall, the company is stable but faces hurdles in achieving growth and cash flow improvement.

Income Statement

Stonehorse Energy Ltd has shown consistent revenue levels over the past two years, with a slight increase in net income indicating improved profitability. Gross profit margins have improved from prior periods, demonstrating effective cost management. However, the revenue growth rate has stalled, and there is room for improvement in revenue expansion. The EBIT and EBITDA margins reflect solid operating performance with potential for further optimization.

Balance Sheet

The company maintains a strong balance sheet with zero debt, providing stability and reduced financial risk. The equity ratio is high, reflecting a robust capital structure. Return on Equity (ROE) is healthy, indicating efficient use of equity to generate profits. However, there is a decline in total assets over the past year which should be monitored for potential impacts on future growth.

Cash Flow

Operating cash flow has decreased significantly, impacting the company's free cash flow, which turned negative in the latest period. The ratio of operating cash flow to net income suggests that earnings are not fully translating into cash flow. This trend could pose challenges in funding future operations and investments without external financing.

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$4.79M	―	-9.49%	―	-16.79%	-205.26%
LIO	49 Neutral	AU$7.23M	-4.32	-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$5.97M	-25.00	-7.32%	―	―	90.70%
ICN	43 Neutral	AU$4.61M	-7.69	―	―	―	13.33%

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.

Stonehorse Energy Schedules AGM and Opens Director Nominations

Stonehorse Energy Limited has announced that its Annual General Meeting is expected to be held on November 27, 2025, with director nominations closing on October 9, 2025. This announcement is part of the company’s ongoing efforts to engage with shareholders and manage its governance processes effectively, reflecting its strategic focus on expanding its oil and gas asset portfolio in North America.

Stonehorse Energy Expands Operations in Alberta’s Prolific Ellerslie Reservoir

Stonehorse Energy Ltd has entered into a definitive agreement to participate in the drilling of a new well targeting the Ellerslie reservoir in the Drumheller area near Calgary, Alberta, with an investment of C$1.15 million for a 20% working interest. The company is also finalizing agreements to participate in up to three additional wells in the same area, investing approximately $1.82 million per well for a 35% working interest. This strategic move is expected to strengthen Stonehorse’s position in the Western Canada Sedimentary Basin, known for its high returns and economic competitiveness.

Stonehorse Energy Releases 2025 Corporate Governance Statement

Stonehorse Energy Limited has released its corporate governance statement for the financial year ending June 30, 2025, which has been approved by the board as of September 30, 2025. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s recommendations, detailing the extent of compliance and any deviations along with reasons and alternative practices adopted. This announcement is significant as it provides transparency and accountability to stakeholders, ensuring that Stonehorse Energy meets the ASX’s governance standards, which can impact investor confidence and the company’s market positioning.