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Triangle Energy (Global) Limited
(Sydney:TEG)
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Rating:45Neutral
Price Target:
AU$0.01
▲(900.00% Upside)
Action:Reiterated
Date:08/04/26
The score is primarily held back by weak financial performance: revenue has collapsed to zero in the last two years, operating losses persist, and cash flow is consistently negative (ongoing cash burn). Valuation is modestly supportive via a low P/E, but earnings quality concerns reduce the benefit, and technical signals cannot be assessed due to missing indicator data.
Positive Factors
Low leverage
Extremely low reported debt materially reduces immediate solvency and interest burden risks, preserving balance sheet optionality. Over the next several months this reduces default risk and gives management flexibility to pursue asset sales, capital raises or restructuring without heavy fixed financing costs.
Negative Factors
Revenue collapse
Two consecutive years of zero revenue indicate a structural disruption in core operations or production capacity. Without operating revenue the company cannot organically fund fixed costs or capex; this creates persistent reliance on non-operating items or financing and raises the risk of asset impairments or prolonged operational decline.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Extremely low reported debt materially reduces immediate solvency and interest burden risks, preserving balance sheet optionality. Over the next several months this reduces default risk and gives management flexibility to pursue asset sales, capital raises or restructuring without heavy fixed financing costs.
Read all positive factors
Triangle Energy (Global) Limited (TEG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$2.22M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)5.0
Beta (1Y)-0.78
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees890
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,222,944,600
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)3.27
Price to Sales (P/S)0.00
P/FCF Ratio-0.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Triangle Energy (Global) Limited Business Overview & Revenue Model
Company Description
Triangle Energy (Global) Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in Australia. The company is based in West Perth, Australia....
How the Company Makes Money
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Triangle Energy (Global) Limited Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
46
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 13.64M | 19.45M | 6.66M |
| Gross Profit | -1.40K | -562.00 | -20.64K | 1.03M | 6.49M | 534.41K |
| EBITDA | -2.79M | -2.45M | 915.79K | -821.07K | -7.61M | -5.97M |
| Net Income | 847.04K | 608.57K | -15.84M | 1.32M | -7.70M | -3.93M |
Balance Sheet | ||||||
| Total Assets | 19.95M | 20.92M | 18.49M | 30.73M | 38.44M | 31.10M |
| Cash, Cash Equivalents and Short-Term Investments | 5.59M | 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 | 20.25M | 20.39M | 21.25M | 22.99M | 27.38M | 23.82M |
| Stockholders Equity | -309.21K | 532.27K | -2.75M | 7.74M | 11.06M | 7.29M |
Cash Flow | ||||||
| Free Cash Flow | -4.42M | -3.98M | -9.34M | -12.16M | 1.19M | -8.92M |
| Operating Cash Flow | -2.24M | -938.91K | -5.17M | -5.58M | 6.00M | -5.51M |
| Investing Cash Flow | -2.93M | -526.75K | -6.74M | 2.41M | -3.78M | -4.47M |
| Financing Cash Flow | 0.00 | 3.75M | 6.15M | -12.65K | 10.96M | 8.22M |
Triangle Energy (Global) Limited Peers Comparison
UnderperformOutperform
Sector (65)
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% | |
50 Neutral | AU$3.89M | -8.82 | -29.94% | ― | ― | 71.78% | |
46 Neutral | AU$4.01M | -0.91 | -25.48% | ― | ― | 65.31% | |
45 Neutral | AU$2.22M | 5.00 | 759.48% | ― | ― | ― | |
45 Neutral | AU$1.71M | -0.71 | -31.38% | ― | -20.01% | 5.88% | |
44 Neutral | AU$2.25M | -0.21 | -158.51% | ― | -3.22% | -43.96% | |
41 Neutral | AU$5.82M | -0.93 | 249.17% | ― | 186.99% | 32.50% |
* Energy Sector Average
AU:TEG
Triangle Energy (Global) Limited
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Triangle Energy (Global) Limited Corporate Events
Triangle Energy Seeks Trading Halt Ahead of Cliff Head Sale Update
Jul 13, 2026
Triangle Energy (Global) Limited has requested and received a trading halt on its securities from the ASX, effective 14 July 2026, while it prepares an announcement regarding the proposed sale of its Cliff Head asset. The halt will remain in place...
Triangle Energy Extends Pilot Loan as It Repositions Portfolio Toward CCS
Jul 1, 2026
Triangle Energy (Global) Ltd, an ASX-listed oil and gas explorer with assets in Western Australia and the UK, is repositioning parts of its portfolio toward carbon capture while maintaining a focus on upstream growth and new acquisitions. Its susp...
Triangle Energy Secures Full Control of Key Perth Basin Permits After JV Exit
Jun 19, 2026
Triangle Energy has assumed full ownership of the L7 production licence at Mount Horner and the adjacent EP 437 exploration permit in the onshore Perth Basin, after joint venture partners Echelon Resources and Strike Energy voluntarily withdrew an...
Triangle Energy Completes In-Specie Distribution of Tetragon Shares and Adjusts Option Terms
May 12, 2026
Triangle Energy (Global) Limited has completed an in-specie distribution of shares in Tetragon Energy Limited to its shareholders, following approval received in late April 2026. Based on a record date of 30 April 2026, the company distributed 19,...
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.