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Triangle Energy (Global) Limited
(Sydney:TEG)
Triangle Energy (Global) Limited (TEG) vs. iShares MSCI Australia ETF (EWA)
Triangle Energy (Global) Limited Business Overview & Revenue Model
Triangle Energy (Global) Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 13.64M | 19.45M | 6.66M |
| Gross Profit | -562.00 | -562.00 | -20.64K | 1.03M | 6.49M | 534.41K |
| EBITDA | -2.45M | -2.45M | 915.79K | -821.07K | -7.61M | -5.97M |
| Net Income | 608.57K | 608.57K | -15.84M | 1.32M | -7.70M | -3.93M |
Balance Sheet | ||||||
| Total Assets | 20.92M | 20.92M | 18.49M | 30.73M | 38.44M | 31.10M |
| Cash, Cash Equivalents and Short-Term Investments | 7.61M | 7.61M | 5.01M | 11.00M | 13.84M | 597.50K |
| Total Debt | 7.00K | 7.00K | 0.00 | 0.00 | 17.36K | 381.65K |
| Total Liabilities | 20.39M | 20.39M | 21.25M | 22.99M | 27.38M | 23.82M |
| Stockholders Equity | 532.27K | 532.27K | -2.75M | 7.74M | 11.06M | 7.29M |
Cash Flow | ||||||
| Free Cash Flow | -3.98M | -3.98M | -9.34M | -12.16M | 1.19M | -8.92M |
| Operating Cash Flow | -938.91K | -938.91K | -5.17M | -5.58M | 6.00M | -5.51M |
| Investing Cash Flow | -526.75K | -526.75K | -6.74M | 2.41M | -3.78M | -4.47M |
| Financing Cash Flow | 3.75M | 3.75M | 6.15M | -12.65K | 10.96M | 8.22M |
Triangle Energy (Global) Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
51 Neutral | AU$4.79M | ― | -9.49% | ― | -16.79% | -205.26% | |
49 Neutral | AU$7.23M | -4.32 | -16.03% | ― | -47.23% | -2.78% | |
49 Neutral | AU$5.64M | ― | -4.05% | ― | 12.37% | 66.67% | |
44 Neutral | AU$6.60M | ― | ― | ― | ― | ― | |
44 Neutral | AU$5.97M | -25.00 | -7.32% | ― | ― | 90.70% | |
43 Neutral | AU$4.61M | -7.69 | ― | ― | ― | 13.33% |
Triangle Energy (Global) Limited Corporate Events
Triangle Energy (Global) Limited has initiated legal proceedings against Acacia (L7) Pty Ltd, a subsidiary of Echelon Energy Limited, for non-performance related to a farm-in agreement for the L7 permit in the Perth Basin. The lawsuit, filed in the Supreme Court of Western Australia, claims a breach of contract and seeks $3.84 million for Echelon’s share of the third well’s cost. This legal action underscores Triangle’s commitment to enforcing contractual obligations and may impact its operational dynamics and stakeholder relationships.
Triangle Energy (Global) Limited has announced a change in the director’s interest, specifically regarding Gregory Hancock’s indirect interest through Hancock Corporate Investments Pty Ltd. The change involves the expiry of 30,000,000 unquoted options on November 24, 2025, which were previously held by Mr. Hancock’s associated entity. This development may impact the company’s stock options structure but does not alter the number of ordinary shares held.
Triangle Energy (Global) Ltd announced the results of its 2025 Annual General Meeting, detailing the outcomes of each motion on the agenda, including proxy and poll results. The meeting’s results are part of the company’s ongoing efforts to manage its operations and strategic interests, which include expanding its asset portfolio through acquisitions, thereby potentially impacting its market position and stakeholder interests.
Triangle Energy (Global) Limited has announced its entry into the Philippines gas market, highlighting its leveraged exposure to high prospectivity gas plays in the region. The company has reported its contingent and prospective resources in various permits, confirming that there have been no material changes to previous estimates. This strategic move is expected to enhance Triangle’s industry positioning by expanding its resource base, potentially impacting stakeholders by increasing the company’s production capabilities and market reach.
Triangle Energy (Global) Limited has initiated legal proceedings against Talon (L7) Pty Ltd, a subsidiary of Strike Energy Limited, for breach of contract related to the L7 permit in the Perth Basin. The dispute involves a claim for $3.84 million, representing Strike’s share of costs for a third well under the Farmout Agreement. Triangle’s decision to pursue legal action follows unsuccessful negotiations with Strike, highlighting the company’s commitment to enforcing contractual obligations and protecting its interests.
Triangle Energy (Global) Limited announced an amendment to its Quarterly Activities and Cashflow report for the period ending 30 September 2025 due to an administrative oversight. The correction primarily affects the estimated cash available for future operating activities, significantly increasing the estimated quarters of funding available from 3.44 to 9.62. This adjustment reflects a more robust financial position, potentially impacting the company’s operational strategy and stakeholder confidence.
Triangle Energy has secured three new permits in the Philippines, including an onshore gas exploration and two offshore permits, enhancing its portfolio in Southeast Asia. The company is also transitioning its Cliff Head Oil Field to a Carbon Capture and Storage project in partnership with Pilot Energy Ltd, and continues to evaluate its positions in existing joint ventures and UK licenses, reflecting its strategic focus on expanding and optimizing its energy projects.
Triangle Energy (Global) Limited has announced its 2025 Annual General Meeting, scheduled for November 20, 2025, in Perth, Western Australia. Shareholders are encouraged to participate either in person or by proxy, with voting instructions required by November 18, 2025. The company emphasizes the importance of reviewing the meeting materials and advises shareholders to seek professional advice if needed. This meeting is a key event for stakeholders to engage with the company’s strategic direction and governance.
Triangle Energy (Global) Limited has been awarded the Service Contract SC-82 for onshore exploration in the Cagayan Basin on Luzon Island, Philippines. This contract includes a 100% interest in a 4,700 square kilometer block with existing gas discoveries and proximity to the local power grid, presenting significant opportunities due to high regional demand for gas and favorable fiscal terms.
Triangle Energy (Global) Limited has been awarded two offshore service contracts, SC-80 and SC-81, in the Bangsamoro Autonomous Region of Muslim Mindanao in the Philippines. These contracts, located in the Sandakan Basin of the Sulu Sea, contain undeveloped gas discoveries and present significant exploration prospects. The company, along with its joint venture partners, sees favorable market conditions to assess the economic potential of these fields, which could enhance its industry positioning and offer substantial resource potential.
Triangle Energy (Global) Limited has requested a trading halt on its securities pending an announcement regarding the award of certain overseas permits. This move could potentially impact the company’s operations by expanding its asset base, which may influence its market positioning and stakeholder interests.
Triangle Energy (Global) Limited has announced the issuance of 12,000,000 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) as of October 1, 2025. This move is part of previously announced transactions and reflects the company’s ongoing efforts to enhance its market presence and operational capacity.