Top Page
TMK Energy Limited
(Sydney:TMK)
TMK Energy Limited (TMK) vs. iShares MSCI Australia ETF (EWA)
TMK Energy Limited Business Overview & Revenue Model
TMK Energy Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Jun 2022 | Jun 2020 | Jun 2019 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 1.06K | 1.07K |
| Gross Profit | -2.32K | -3.26K | -2.27K | -3.17K | -8.89K |
| EBITDA | -1.37M | -2.21M | -3.52M | -329.39K | -403.56K |
| Net Income | -1.38M | -2.59M | -3.60M | -574.16K | -1.10M |
Balance Sheet | |||||
| Total Assets | 24.36M | 18.30M | 4.07M | 2.91M | 2.97M |
| Cash, Cash Equivalents and Short-Term Investments | 2.00M | 2.26M | 2.68M | 2.40M | 2.91M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 629.36K | 493.80K | 371.54K | 113.93K | 94.05K |
| Stockholders Equity | 23.73M | 17.81M | 3.70M | 2.79M | 2.87M |
Cash Flow | |||||
| Free Cash Flow | -8.66M | -11.67M | -2.41M | -999.16K | -682.65K |
| Operating Cash Flow | -1.32M | -1.33M | -912.24K | -429.71K | -348.17K |
| Investing Cash Flow | -6.86M | -4.29M | -50.81K | 107.55K | -334.48K |
| Financing Cash Flow | 7.52M | 5.33M | 2.13M | 40.00K | 1.95M |
TMK Energy Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$67.00M | -6.85 | 11.28% | ― | 17.42% | -38.46% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
59 Neutral | AU$13.56M | -12.50 | -8.22% | ― | -7.30% | ― | |
49 Neutral | AU$31.65M | -412.50 | -8.56% | ― | ― | ― | |
44 Neutral | AU$41.94M | -29.16 | -15.00% | ― | ― | 40.00% |
TMK Energy Limited Corporate Events
TMK Energy Limited has requested and been granted a trading halt on its securities on the ASX from the start of trading on 17 March 2026, with the halt to last until either 19 March 2026 or the release of a pending announcement. The pause is intended to allow the company to manage its continuous disclosure obligations while it undertakes a capital raising, temporarily suspending normal trading and signaling an imminent funding-related update for investors.
The trading halt indicates TMK is progressing a capital raising that could affect its financial position, ownership structure, or future project funding, though specific terms have not yet been disclosed. For shareholders and potential investors, the move underscores both the company’s reliance on equity markets for capital and the likelihood of near‑term news that may influence valuation and liquidity once trading resumes.
The most recent analyst rating on (AU:TMK) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on TMK Energy Limited stock, see the AU:TMK Stock Forecast page.
TMK Energy has reported another record at its Gurvantes XXXV coal seam gas project in Mongolia, with daily gas output surpassing 1,000 cubic metres, or more than 35,000 standard cubic feet per day. The LF-07 well is providing about 70% of this volume, confirming that gas is actively desorbing from the coal seams at that location.
Overall gas production from the pilot well project is now roughly double the level recorded in early February 2026, underscoring how quickly rates can accelerate once critical desorption pressure is reached. Management says LF-07’s outperformance and the emerging “hockey stick” growth profile across the field mark a key inflection point and bring the project’s commercial potential significantly closer, with other wells expected to follow a similar ramp-up as they reach the same pressure conditions.
The most recent analyst rating on (AU:TMK) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on TMK Energy Limited stock, see the AU:TMK Stock Forecast page.
TMK Energy has reported a new daily gas production record of more than 25,000 standard cubic feet at its Gurvantes XXXV coal seam gas project in Mongolia, following the rebound in output after planned shut-ins of two pilot wells for pressure build-up tests. The tests confirmed reservoir pressure is falling in line with the company’s model, a key condition for gas desorption from coal seams and an important indicator for long-term project viability.
The LF-07 well has emerged as the standout performer, with gas production climbing above 13,000 scfd and showing a steady upward trend, supported by indications that gas is being desorbed from one of the highest wells in the structure. Management highlighted that the recent performance suggests the development of a localized gas saturation zone and bolsters confidence in expanding gas saturation across the field, reinforcing the project’s potential and supporting a more optimistic outlook for shareholders as production trends strengthen.
The most recent analyst rating on (AU:TMK) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on TMK Energy Limited stock, see the AU:TMK Stock Forecast page.
TMK Energy Limited has scheduled an investor webinar to present a conceptual development plan and technical update for its wholly owned Gurvantes XXXV Coal Seam Gas Project in Mongolia. The session will detail extensive reservoir modelling and insights from the ongoing Pilot Well Project, outlining how TMK intends to develop its significant contingent gas resources and progress the project toward full commercialisation.
The webinar, to be hosted by chief executive Dougal Ferguson on 26 February 2026, is aimed at shareholders, investors and media and will include a question-and-answer component. By formally mapping out its development roadmap, TMK is signalling a move from appraisal toward potential commercial execution at Gurvantes XXXV, a step that could reshape its growth profile and enhance its standing in the regional coal seam gas sector.
The most recent analyst rating on (AU:TMK) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on TMK Energy Limited stock, see the AU:TMK Stock Forecast page.
TMK Energy has released a conceptual development plan and technical update for its Gurvantes XXXV coal seam gas project, supported by independent contingent and prospective resource estimates from Netherland, Sewell & Associates. The company confirms that the existing resource assessments, prepared under SPE PRMS guidelines, remain current with no material changes to assumptions or technical parameters, reinforcing the project’s potential scale and underpinning future development planning.
The update highlights classification of contingent resources across 1C, 2C and 3C categories and prospective resources across 1U, 2U and 3U, with probabilistic methods used for undiscovered gas volumes. By reaffirming these independently evaluated resources, TMK strengthens confidence in the recoverability and commercial potential of the Gurvantes XXXV project, which is central to its growth strategy and of interest to stakeholders tracking its path toward potential gas development.
The most recent analyst rating on (AU:TMK) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on TMK Energy Limited stock, see the AU:TMK Stock Forecast page.
TMK Energy Limited has signed a Memorandum of Understanding with Mongolia’s Ministry of Energy to jointly study how domestically produced natural gas, particularly from coal seam gas, can be integrated into the country’s future power generation. The collaboration reflects the government’s strategy to diversify away from coal and imported electricity by incorporating cleaner, flexible gas-fired capacity into its energy system.
The first priority under the MoU is a Baseline Study on using methane gas for peak load power supply, aimed at addressing winter supply constraints and reducing reliance on imported power. The study will assess how Mongolia’s vast coal seam gas resources can support reliable, on-demand power generation and help establish a more resilient and environmentally friendly domestic energy mix.
The most recent analyst rating on (AU:TMK) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on TMK Energy Limited stock, see the AU:TMK Stock Forecast page.
Record January output at Gurvantes lifted daily gas production 13% month on month to 23,800 scfd peak and 593m³ average, driven by the new LF-07 well which topped 10,000 scfd under the updated reservoir management plan despite harsh winter operations. Management sees the sixth straight monthly high and upcoming pressure build-up tests as strengthening confidence in reservoir performance and the case for on-site power generation to mitigate third-party outages.
The most recent analyst rating on (AU:TMK) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on TMK Energy Limited stock, see the AU:TMK Stock Forecast page.
TMK Energy Limited reported a strong December 2025 quarter, highlighted by record and rising gas production from its Pilot Well Project, with output exceeding 20,000 standard cubic feet per day and all wells operating at more than 99% uptime. The implementation of a revised reservoir management plan has driven improved gas rates, reduced coal fines and eliminated pump blockages, cutting costly workovers and confirming reservoir pressure is declining in line with modelling. Over 2025, TMK more than doubled the average number of producing wells, lifted average daily gas output by 357% while keeping water rates stable, and removed more than $1 million in recurring costs through lower field, staff and corporate expenses, while also strengthening on-site operational capability with key hires. The company completed its 2025 exploration drilling obligations, confirming extensions of target coal seams and gas-rich coals consistent with existing pilot wells, and finalised a major 55:1 capital consolidation and unmarketable parcel sale aimed at reducing administrative overheads. With reservoir modelling nearing completion and growing third-party interest, TMK plans to launch a formal partnering process in early 2026, positioning 2026 as a pivotal year for the commercialisation of its gas resource and potentially enhancing value for shareholders and other stakeholders.
The most recent analyst rating on (AU:TMK) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on TMK Energy Limited stock, see the AU:TMK Stock Forecast page.
TMK Energy has logged a fifth consecutive month of rising gas production at its Gurvantes XXXV coal seam gas project in Mongolia, with record daily output of about 570 cubic metres (over 20,100 scfd) reached on 30 December 2025 and average December production up 13% on November. Total December gas output climbed to 16,306 cubic metres while water production remained steady, and the company is now advancing engineering work to comingle gas from all pilot wells for on-site power generation with potential surplus electricity sales into the local grid, underscoring growing confidence in the field’s commercialisation prospects during 2026.
The most recent analyst rating on (AU:TMK) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on TMK Energy Limited stock, see the AU:TMK Stock Forecast page.
TMK Energy Limited has disclosed a change in the equity holdings of non-executive director Professor John Warburton, in line with ASX director interest reporting requirements. The filing shows Warburton acquired 90,556 fully paid ordinary shares via an on‑market trade on 22 December 2025 for $9,690.81, increasing his direct shareholding to 1,068,966 ordinary shares while his existing portfolio of listed and unlisted options remains unchanged, signaling a modest uplift in director alignment with shareholder interests.
TMK Energy Limited has launched an opt-out sale facility to enable the disposal of all unmarketable share parcels—holdings valued at less than A$500—held by its small shareholders. Around 2,813 out of approximately 4,140 shareholders fall into this category, and the initiative is designed to reduce the company’s administrative costs while giving these investors a low-cost avenue to exit their positions. The sale process will apply to shareholders identified as at 7:00pm AEDT on 18 December 2025, with affected investors given until 4 February 2026 to lodge a notice if they wish to retain their shares, and any sales must be executed at or above the simple average of the last sale prices over the preceding 10 trading days. The move is expected to streamline TMK’s share register and improve cost efficiency, while potentially enhancing liquidity and reducing compliance overheads associated with maintaining a large number of very small holdings.