3D Oil Limited (TDO) AI Stock Analysis

• Market Cap: AU$40.02M
• Dividend Yield: N/A
• Average Volume (3M): 198.04K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.03
• Revenue Growth: N/A
• EPS Growth: -167.31%
• Country: AU
• Employees: N/A
• Sector: Energy
• Sector Strength: 62
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 333,473,540
• 10 Day Avg. Volume: 317,400
• 30 Day Avg. Volume: 198,042
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.55
• 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: 41 Neutral
• Price Target: ―

The company's financial performance presents significant challenges, with negative cash flows and profitability issues being key concerns. Technical analysis suggests a neutral to slightly bearish outlook, with no major signs of reversal. Valuation metrics are unfavorable due to the negative P/E ratio and lack of dividend yield, which further detracts from the stock's appeal.

3D Oil Limited Business Overview & Revenue Model

Company Description

3D Oil Limited explores for and develops upstream oil and gas assets in Australia. It holds 24.9% interest in the VIC/P57 exploration permit covering an area of 246 square kilometers located in the offshore Gippsland Basin, Victoria; 20% interest in the T/49P exploration permit covering an area of 4,960 square kilometers located in the offshore Otway Basin, Tasmania; and 50% interest in the VIC/P74 exploration permit covering an area of 1006 square kilometers located in the offshore Gippsland Basin, Victoria. The company also holds a 100% interest in the WA/527-P exploration permit covering an area of 6,500 square kilometers located in the offshore Roebuck Basin; and the VIC/P79 exploration permit covering an area of 2,575 square kilometers located in offshore Otway Basin, Victoria. 3D Oil Limited was incorporated in 2003 and is based in Melbourne, Australia.

How the Company Makes Money

3D Oil Limited generates revenue primarily through the exploration and development of its oil and gas assets. The company invests in identifying potential hydrocarbon reserves and engages in exploratory drilling to assess the viability of these reserves. Upon successful discovery and appraisal, 3D Oil Limited may either develop the reserves for production or partner with larger production companies, earning revenue through production sharing agreements or asset sales. The company's earnings are significantly influenced by factors such as oil and gas prices, exploration success, and strategic partnerships with other industry players.

3D Oil Limited Financial Statement Overview

Summary

The financial statements reveal significant challenges, particularly in revenue generation and profitability, amidst the backdrop of a volatile industry. While the company maintains a conservative leverage position, consistent negative cash flows and net income raise concerns about future financial stability and growth potential.

Income Statement

The company has shown significant revenue volatility with a complete drop in revenue in the most recent period compared to a previous peak. Negative EBIT and net income margins in the latest year indicate profitability challenges. The absence of revenue in the latest year and negative profit margins reflect operational difficulties.

Balance Sheet

The company maintains a low debt-to-equity ratio, indicating conservative leverage; however, consistent negative equity growth and net losses may pose long-term sustainability issues. The equity ratio remains high, providing some financial stability.

Cash Flow

Operating cash flow has been consistently negative, reflecting challenges in generating cash from operations. Free cash flow has deteriorated further, which could restrict future investment and growth opportunities. However, the company has managed financing activities to support cash flow.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	4.19M	0.00	0.00	0.00
Gross Profit	-46.28K	-93.06K	4.07M	-121.28K	-118.14K	-110.21K
EBITDA	-1.54M	-1.50M	2.85M	-1.02M	-1.01M	-2.88M
Net Income	-2.20M	-2.17M	3.41M	-1.15M	-1.14M	-3.01M
Balance Sheet
Total Assets	10.73M	11.53M	10.66M	7.90M	8.76M	10.02M
Cash, Cash Equivalents and Short-Term Investments	1.97M	3.25M	3.31M	1.34M	3.14M	5.17M
Total Debt	44.55K	96.27K	190.03K	266.04K	96.61K	187.74K
Total Liabilities	514.24K	661.69K	757.06K	1.42M	1.15M	1.28M
Stockholders Equity	10.21M	10.87M	9.91M	6.47M	7.61M	8.74M
Cash Flow
Free Cash Flow	-2.70M	-3.07M	-2.44M	-1.72M	-1.94M	-1.71M
Operating Cash Flow	-1.35M	-1.39M	-1.41M	-997.47K	-1.05M	-980.21K
Investing Cash Flow	-1.35M	-1.67M	3.44M	-721.46K	-888.58K	5.18M
Financing Cash Flow	3.00M	3.00M	-76.01K	-86.67K	-91.13K	-57.03K

3D Oil Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TDO, the sentiment is Neutral. The current price of 0.12 is below the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.11, and above the 200-day MA of 0.10, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.58 is Neutral, neither overbought nor oversold. The STOCH value of 32.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:TDO.

3D Oil Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	52 Neutral	C$2.92B	-1.03	-3.46%	6.02%	3.01%	-47.13%
TDO	41 Neutral	AU$40.02M	―	-22.66%	―	―	-167.31%
J2E		€21.40M	60.00	183.35%	―	―	―
RDFEF		$25.02M	13.51	3.21%	―	―	―
HYT		AU$38.31M	―	-12.68%	―	―	―
CTP	45 Neutral	AU$40.24M	550.00	0.25%	―	-15.16%	-99.57%
JGH		AU$43.86M	―	-26.63%	―	―	―

3D Oil Limited Corporate Events

3D Energi Advances Otway Basin Drilling Program

3D Energi Limited has announced significant progress in its Otway Exploration Drilling Program, with the acceptance of its Environment Plan by NOPSEMA and the arrival of the Transocean Equinox drilling rig. The company is preparing for the commencement of drilling in the Otway Basin, which is expected to unlock new domestic gas supplies. This marks a critical phase in the company’s operations, reflecting extensive planning and collaboration with stakeholders, and is anticipated to have a transformative impact on 3D Energi’s market positioning.

3D Energi Advances Otway Basin Gas Exploration with Rig Arrival

3D Energi Limited announced the arrival of the Transocean Equinox drilling rig in the Otway Basin, marking a significant step in the Otway Exploration Drilling Program (OEDP). The program, operated by ConocoPhillips Australia, aims to address gas shortages in southern Australia with plans to drill up to six wells by 2028. The initiative is critical for meeting future energy demands and could position 3D Energi as a key player in the region’s energy market.

3D Energi Achieves Milestone with Otway Exploration Approval

3D Energi Limited has achieved a significant milestone with the acceptance of its Environment Plan for the Otway Exploration Drilling Program by NOPSEMA, Australia’s offshore energy regulator. This approval allows the drilling of up to six exploration wells in the Otway Basin, with the first phase expected to begin in 2025. The project is crucial for addressing the declining gas production in the Bass Strait and the east coast energy crisis, potentially positioning 3D Energi as a key player in the region’s energy market.

3D Energi Limited Initiates Trading Halt Ahead of Key Announcement

3D Energi Limited has requested a trading halt on its securities pending an announcement related to its Otway Exploration Drilling Program. This move is aimed at managing its continuous disclosure obligations, with the halt expected to last until the announcement is made or normal trading resumes on 4 March 2025.