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Stonehorse Energy Ltd (AU:SHE)
ASX:SHE
Australian Market
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Stonehorse Energy Ltd (SHE) AI Stock Analysis

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AU:SHE

Stonehorse Energy Ltd

(Sydney:SHE)

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Neutral 47 (OpenAI - 5.2)
Rating:47Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Reiterated
Date:07/01/26
The score is held back primarily by weak recent financial performance and cash generation (net loss and negative free cash flow). A debt-free balance sheet provides stability, and the low P/E offers some valuation support, but technicals show mild weakness with price below short-term moving averages.
Positive Factors
Debt-free balance sheet
Zero reported debt materially reduces solvency and refinancing risk for an oil & gas explorer. Over a 2–6 month horizon this provides financial flexibility to fund operations, absorb commodity shocks, prioritize maintenance or pursue opportunistic capex without immediate external financing.
Negative Factors
Revenue decline and net loss
A sharp top‑line decline and a ~-39% net margin in the latest year signal weaker realized pricing or volumes and a material deterioration of profitability. Persisting revenue weakness undermines internal funding capacity, erodes equity, and elevates the risk the firm will need external capital if trends persist.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt materially reduces solvency and refinancing risk for an oil & gas explorer. Over a 2–6 month horizon this provides financial flexibility to fund operations, absorb commodity shocks, prioritize maintenance or pursue opportunistic capex without immediate external financing.
Read all positive factors

Stonehorse Energy Ltd (SHE) vs. iShares MSCI Australia ETF (EWA)

Stonehorse Energy Ltd Business Overview & Revenue Model

Company Description
Stonehorse Energy Limited is an oil and gas exploration and production company with its primary operations situated in the United States. The firm holds working interests in eleven active oil and gas wells, specifically within Carter County, Oklah...

Stonehorse Energy Ltd Financial Statement Overview

Summary
Financials are pressured: the income statement shows a sharp deterioration into 2025 with an ~18.5% revenue decline and a swing to a net loss (~-39% net margin). Cash flow quality is weak with modest operating cash flow (~113k) and negative free cash flow (~-1.0m), raising sustainability risk. The main offset is a strong, conservative balance sheet with zero debt, which lowers near-term financial risk.
Income Statement
38
Negative
Balance Sheet
70
Positive
Cash Flow
32
Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue3.46M3.46M4.16M4.15M7.75M673.25K
Gross Profit860.33K1.48M2.72M3.64M7.29M362.69K
EBITDA311.02K-3.70K1.10M2.88M6.68M-840.00K
Net Income482.69K-1.37M1.28M812.35K3.60M-204.00K
Balance Sheet
Total Assets13.69M14.34M15.43M15.90M14.73M8.84M
Cash, Cash Equivalents and Short-Term Investments4.55M5.63M6.80M11.32M9.06M4.29M
Total Debt0.000.000.000.000.000.00
Total Liabilities333.78K543.92K408.78K2.21M1.91M375.91K
Stockholders Equity13.36M13.80M15.02M13.70M12.82M8.46M
Cash Flow
Free Cash Flow-1.71M-1.01M-4.43M2.29M3.96M-3.49M
Operating Cash Flow-642.44K113.29K810.21K2.71M6.59M-727.60K
Investing Cash Flow-1.70M-1.12M-5.24M-413.46K-2.63M-2.89M
Financing Cash Flow0.009.56K0.00720.88K720.88K4.70M

Stonehorse Energy Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
47
Neutral
AU$7.53M7.333.55%-17.60%
44
Neutral
AU$2.22M5.00759.48%
42
Neutral
AU$18.71M-0.35-46.86%-32.35%-197.58%
40
Underperform
AU$5.43M-1.02-83.10%-89.47%-306.67%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SHE
Stonehorse Energy Ltd
0.01
<0.01
10.00%
AU:BUY
Bounty Oil & Gas NL
0.02
-0.01
-42.42%
AU:LIO
Lion Energy Limited
0.01
<0.01
20.00%
AU:TEG
Triangle Energy (Global) Limited

Stonehorse Energy Ltd Corporate Events

Stonehorse Expands Drumheller Drilling as It Rebalances Toward Liquids-Rich Assets
Jun 3, 2026
Stonehorse Energy has agreed to participate in a second four-well development program in the Drumheller area near Calgary, partnering with the same operator that delivered a successful initial four-well phase. The new wells will target the Ellersl...
Stonehorse Energy Seeks Trading Halt Ahead of Wells and Asset Review Update
Jun 2, 2026
Stonehorse Energy Limited has requested a trading halt on its securities on the ASX as it prepares an announcement about its decision to participate in new wells and the rationalisation of its existing assets. The halt, effective until either the ...
Stonehorse lifts revenue on strong Canadian oil output and new Drumheller wells
Apr 27, 2026
Stonehorse Energy reported a stable March 2026 quarter with no significant operational disruptions across its Australian, Canadian, and U.S. entities, underpinned by oil-weighted development in Western Canada. The company&#8217;s Canadian and U.S....
Stonehorse Director Michael McFadyen Increases Shareholding via On-Market Purchases
Apr 14, 2026
Stonehorse Energy has disclosed a change in director Michael McFadyen&#8217;s interests in the company, with both his direct and indirect holdings increasing through on-market acquisitions. McFadyen purchased a total of 4 million additional ordina...
Stonehorse advances Drumheller drilling campaign and secures funding for Canadian growth
Apr 8, 2026
Stonehorse Energy has reported strong operational progress at its Drumheller oil development in Alberta, where wells #2, #3 and #4 were drilled ahead of schedule and under budget, each to an average depth of 4,490 meters. Wells #2 and #3 have been...
Stonehorse Energy flags isolated late filing of director interest notice
Apr 7, 2026
Stonehorse Energy has disclosed a late lodgement of an Appendix 3Y relating to changes in director Michael McFadyen&#8217;s interests, covering multiple on-market acquisitions of ordinary shares between 20 and 30 March 2026. The company attributes...
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.Date of analysis: Jul 01, 2026