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TMK Energy Limited
(Sydney:TMK)
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Rating:48Neutral
Price Target:
AU$0.12
â–¼(-0.83% Downside)
Action:Reiterated
Date:06/30/26
The score is held back primarily by weak financial performance (no meaningful revenue, continued losses, and ongoing cash burn), despite the mitigating positive of a debt-free balance sheet and expanded equity. Technical and valuation inputs provide limited support due to missing indicators and negative earnings.
Positive Factors
Debt-free balance sheet
A zero-debt capital structure materially reduces solvency and interest-rate risk for an upstream explorer. Over a 2–6 month horizon this durable strength preserves financial flexibility to pursue appraisal and infrastructure steps, extending runway between equity raises and lowering refinancing pressure.
Negative Factors
No meaningful revenue
Absent meaningful revenue, the company cannot demonstrate commercial production or margin sustainability. Persistent losses mean capital already deployed has yet to generate returns, extending the timeline to self-funding and increasing the probability of further capital raises before projects reach cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure materially reduces solvency and interest-rate risk for an upstream explorer. Over a 2–6 month horizon this durable strength preserves financial flexibility to pursue appraisal and infrastructure steps, extending runway between equity raises and lowering refinancing pressure.
Read all positive factors
TMK Energy Limited (TMK) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$32.37M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)>-0.01
Revenue GrowthN/A
EPS Growth20.00%
CountryAU
EmployeesN/A
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding269,729,130
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.78
Price to Sales (P/S)0.00
P/FCF Ratio-12.83
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
TMK Energy Limited Business Overview & Revenue Model
Company Description
TMK Energy Limited is an energy firm engaged in the identification, assessment, and extraction of petroleum and gas reserves. A core asset is its wholly-owned Gurvantes XXXV Coal Seam Gas project, an expansive 8,400 square kilometer area located i...
How the Company Makes Money
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TMK Energy Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
78
Positive
Cash Flow
27
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Jun 2022 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.06K |
| Gross Profit | -1.89K | -1.89K | -2.32K | -3.26K | -2.27K | -3.17K |
| EBITDA | -1.71M | -1.73M | -1.37M | -2.21M | -3.52M | -329.39K |
| Net Income | -1.59M | -1.59M | -1.38M | -2.59M | -3.60M | -574.16K |
Balance Sheet | ||||||
| Total Assets | 27.24M | 27.24M | 24.36M | 18.30M | 4.07M | 2.91M |
| Cash, Cash Equivalents and Short-Term Investments | 1.83M | 1.83M | 2.00M | 2.26M | 2.68M | 2.40M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 307.42K | 307.42K | 629.36K | 493.80K | 371.54K | 113.93K |
| Stockholders Equity | 26.94M | 26.94M | 23.73M | 17.81M | 3.70M | 2.79M |
Cash Flow | ||||||
| Free Cash Flow | -1.63M | -1.63M | -8.66M | -11.67M | -2.41M | -999.16K |
| Operating Cash Flow | -1.63M | -1.63M | -1.32M | -1.33M | -912.24K | -429.71K |
| Investing Cash Flow | -4.03M | -4.03M | -6.86M | -4.29M | -50.81K | 107.55K |
| Financing Cash Flow | 5.49M | 5.49M | 7.52M | 5.33M | 2.13M | 40.00K |
TMK Energy Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$37.10M | 13.16 | 2.91% | ― | 14.68% | -3.39% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | AU$33.57M | 2.61 | 30.01% | ― | -17.90% | ― | |
51 Neutral | AU$25.87M | -18.09 | -2.42% | 19.28% | 52.30% | -102.42% | |
49 Neutral | AU$18.91M | -40.00 | -6.67% | ― | ― | -283.33% | |
48 Neutral | AU$32.37M | -32.86 | -6.11% | ― | ― | 20.00% | |
44 Neutral | AU$41.94M | -17.78 | -15.00% | ― | ― | ― |
* Energy Sector Average
AU:TMK
TMK Energy Limited
0.12
0.00
0.00%
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TMK Energy Limited Corporate Events
TMK Energy Director Increases Stake Through Share Placement
Jun 23, 2026
TMK Energy director Professor John Warburton has increased his direct holding in the company by participating in a recent share placement approved by shareholders in late May 2026. Warburton acquired 250,000 fully paid ordinary shares at $0.12 eac...
TMK Energy issues 6 million unquoted options under long-term incentive structure
Jun 22, 2026
TMK Energy Limited has notified the market of the issue of 6,000,000 unquoted options, designated as TMKAF, each exercisable at $0.275 and expiring on 31 January 2028. The options, issued on 22 June 2026, form part of previously announced transact...
TMK Energy Seeks ASX Quotation for Additional Shares
Jun 22, 2026
TMK Energy Limited has applied for quotation on the ASX of 666,667 new ordinary fully paid shares, effective 22 June 2026. The additional securities, issued under a previously announced transaction, modestly expand the company’s listed share...
TMK Energy Issues New Shares to Directors Under Compliant Placement
Jun 22, 2026
TMK Energy Limited has issued 666,667 fully paid ordinary shares via a placement to two company directors at $0.12 per share, following shareholder approval obtained in late May 2026. The issuance, conducted without a disclosure document under the...
TMK Energy Showcases Mongolia Gas Strategy at Singapore Energy Council
Jun 10, 2026
TMK Energy Limited highlighted its role in Mongolia’s nascent gas industry as Chief Executive Officer Dougal Ferguson presented at the Energy Council Singapore 2026 conference. The company’s presentation, titled “Emerging Markets...
TMK Energy lifts Mongolian gas output and advances 1MW gas-to-power pilot
Jun 3, 2026
TMK Energy Limited, an Australian-listed coal seam gas explorer, is advancing a pilot gas project in Mongolia aimed at proving commercial gas production and enabling local power generation. The company is focused on optimising well performance and...
TMK Energy Bolsters Operations With Key Technical and Governance Appointments
Jun 1, 2026
TMK Energy has strengthened its operational capabilities with the appointment of petroleum engineer Danny Chong as Production Manager, where he will oversee production optimisation, drilling and reservoir management. Chong brings more than 16 year...
TMK Energy Wins Strong Shareholder Backing at 2026 AGM
May 27, 2026
TMK Energy Limited reported that all resolutions put to shareholders at its 2026 Annual General Meeting were passed by poll, reflecting strong investor support for the board and its strategy. Shareholders approved the remuneration report, the re-e...
TMK Energy flags key progress at Mongolia gas project as it readies next drilling phase
May 27, 2026
TMK Energy chairman John Warburton told shareholders at the 2026 annual meeting that the company has made substantial technical progress at its Gurvantes XXXV coal seam gas project in Mongolia over the past year. The company has confirmed gas deso...
TMK Energy Director Allows High-Strike Options to Expire
May 5, 2026
TMK Energy has reported a change in director Professor John Warburton’s holdings, following the expiry of certain options without exercise. As of 1 May 2026, Warburton allowed 36,364 listed options and 181,819 unlisted options, both exercisa...
TMK Energy Options Lapse Following Expiry
May 4, 2026
TMK Energy Limited has notified the ASX that 14,692,833 TMKOB options have ceased following their expiry without being exercised. This reduction in outstanding options slightly simplifies the company’s capital structure and reflects a routin...
TMK Energy Issues New Shares on Option Conversion and Confirms Compliance
May 4, 2026
TMK Energy Limited has issued 686 new ordinary fully paid shares following the exercise of its listed TMKOB options, with the expiry of these listed options and other unlisted options formally recorded in recent regulatory filings. The company con...
TMK Energy Seeks ASX Quotation for New Shares Issued on Option Conversion
May 4, 2026
TMK Energy Limited has applied to the ASX for quotation of a new batch of fully paid ordinary securities issued following the exercise of options or conversion of other convertible securities. The securities were issued on 1 May 2026 and the compa...
TMK Energy sets date and details for 2026 AGM
Apr 24, 2026
TMK Energy Limited has scheduled its 2026 Annual General Meeting for 27 May 2026 at 10:00am AWST in West Perth, Western Australia. The company is making meeting materials available online via its website and ASX page, reflecting a continued shift ...
TMK Energy Sets 2026 AGM to Ratify Capital Raisings and Board Changes
Apr 24, 2026
TMK Energy has called its 2026 annual general meeting for 27 May in West Perth, where shareholders will receive the 2025 financial statements and vote on the non-binding adoption of the remuneration report. The agenda also includes the re-election...
TMK Energy Highlights Mongolian Gas Potential at Gurvantes XXXV
Apr 14, 2026
TMK Energy Limited has outlined the resource potential of its Gurvantes XXXV coal seam gas project in Mongolia, positioning natural gas as a new and significant energy supply option for the country. Independent assessments by Netherland, Sewell A...
TMK Energy Seeks ASX Quotation for Additional 800,000 Shares
Apr 10, 2026
TMK Energy Limited has applied for quotation of an additional 800,000 ordinary fully paid shares on the ASX, with an issue date of 10 April 2026. The new securities arise from previously announced transactions and their quotation will modestly inc...
TMK Energy Plans Modest Share Placement for April 2026
Apr 10, 2026
TMK Energy Limited has announced a proposed issue of up to 800,000 ordinary fully paid shares under a placement or similar type of security issue. The shares are scheduled to be issued on 10 April 2026, reflecting a modest capital raising that wil...
TMK Energy Sets New Output Record and Wins Key Regulatory Backing in Mongolia
Apr 9, 2026
TMK Energy reported another record month at its wholly owned Gurvantes XXXV coal seam gas project in Mongolia, with March average daily gas output rising 48% to about 866 cubic metres and a peak daily rate of roughly 1,353 cubic metres before bein...
TMK Energy Sets Date and Director Nomination Deadline for 2026 AGM
Apr 8, 2026
TMK Energy Limited has scheduled its Annual General Meeting for 10.00am AWST on Tuesday, 26 May 2026 in West Perth, Western Australia. The meeting will address standard corporate matters, including the re-election and appointment of directors, wit...
TMK Energy Issues 4.5 Million Unquoted Performance Rights Under Incentive Plan
Apr 7, 2026
TMK Energy Limited has issued 4,545,000 new unquoted performance rights dated 7 April 2026 under its employee incentive scheme. The 2026 Performance Rights are a new class of unquoted securities that are not intended to be listed on the ASX, refle...
TMK Energy Completes $6m Share Placement to Sophisticated Investors
Mar 30, 2026
TMK Energy Limited has completed a placement of 50,000,000 fully paid ordinary shares at $0.12 each to new and existing sophisticated investors, raising fresh equity capital to support its activities. An additional Board participation component of...
TMK Energy seeks ASX quotation for 50 million new shares
Mar 30, 2026
TMK Energy Limited has applied to the Australian Securities Exchange for the quotation of 50,000,000 new ordinary fully paid shares under the ticker TMK. The issuance, dated 30 March 2026, expands the company’s listed capital base and may su...
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.