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Winchester Energy Ltd
(Sydney:WEL)
Winchester Energy Ltd (WEL) vs. iShares MSCI Australia ETF (EWA)
Winchester Energy Ltd Business Overview & Revenue Model
Winchester Energy Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.98M | 1.85M | 3.12M | 5.65M | 4.15M | 2.22M |
| Gross Profit | 242.31K | 1.85M | 2.12M | 2.60M | 850.47K | -753.55K |
| EBITDA | -1.36M | -573.08K | -1.92M | 739.18K | -129.29K | -2.09M |
| Net Income | -2.42M | -1.33M | -2.56M | -574.62K | -1.45M | -3.44M |
Balance Sheet | ||||||
| Total Assets | 6.44M | 7.11M | 8.02M | 10.19M | 10.34M | 8.14M |
| Cash, Cash Equivalents and Short-Term Investments | 398.87K | 519.95K | 219.21K | 738.99K | 2.56M | 1.61M |
| Total Debt | 100.52K | 117.04K | 77.00K | 76.84K | 113.65K | 64.39K |
| Total Liabilities | 1.14M | 1.27M | 1.41M | 1.10M | 802.33K | 694.22K |
| Stockholders Equity | 5.31M | 5.84M | 6.62M | 9.09M | 9.54M | 7.45M |
Cash Flow | ||||||
| Free Cash Flow | -306.23K | -227.22K | -489.53K | -6.30M | -2.25M | -3.70M |
| Operating Cash Flow | -144.17K | 41.79K | 366.70K | 3.04M | 1.02M | -280.98K |
| Investing Cash Flow | -350.18K | -608.86K | -846.27K | -4.71M | -3.23M | -3.42M |
| Financing Cash Flow | 205.87K | 560.60K | -41.00K | -37.71K | 3.19M | -116.62K |
Winchester Energy Ltd 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% | |
45 Neutral | AU$4.68M | ― | -30.63% | ― | -32.65% | -66.67% | |
45 Neutral | AU$8.57M | -0.54 | -120.24% | ― | -92.71% | -220.72% | |
44 Neutral | AU$3.94M | ― | ― | ― | ― | ― | |
43 Neutral | AU$6.29M | -1.72 | -1481.88% | ― | ― | 36.96% | |
37 Underperform | AU$2.35M | ― | -26.79% | ― | -26.88% | 24.00% |
Winchester Energy Ltd Corporate Events
Winchester Energy Ltd, listed on the Australian Securities Exchange (ASX) under the code WEL, announced a new issuance of 205,000,000 fully paid ordinary securities to be quoted and available for trading starting December 18, 2025. This issuance follows the company’s previous transactions as disclosed in their earlier filings and represents a move to potentially bolster their equity capital, providing additional resources that could benefit operational growth and stakeholder confidence.
Winchester Energy Limited has issued a cleansing prospectus for an offer of up to 10,000 shares at a price of $0.001 per share, aiming to raise $10 before costs. The primary purpose of this prospectus is to remove trading restrictions on shares issued prior to the closing date, which is set for December 18, 2025. This move is significant as it facilitates the unrestricted trading of shares, potentially impacting the company’s market operations and providing more flexibility for stakeholders.
Winchester Energy Limited announced an amendment to its recent share placement, revealing that it has secured firm commitments to raise $350,000, an increase from the previously stated $300,000. This development involves the issuance of 350,000,000 shares at a price of $0.001 per share, with a significant portion issued under existing placement capacity, potentially enhancing the company’s financial position and operational capacity.
Winchester Energy Ltd has announced a proposed issue of 350,000,000 fully paid ordinary securities, with the issue date set for January 29, 2026. This move is part of a placement or other type of issue, aiming to enhance the company’s capital structure and potentially improve its market positioning.
Winchester Energy Limited has successfully secured $300,000 through a placement of 300,000,000 shares at $0.001 each to institutional and sophisticated investors. The funds raised will be used for evaluating new growth opportunities and covering working capital and corporate costs. The placement, managed by CPS Capital Group Pty Ltd, will be issued in two tranches, with participation from the company’s CEO and a former director subject to shareholder approval.
Winchester Energy Limited has announced the commencement of production from its JVU-5 well at the Varn Oil Field in Texas. The well, which is the second oil producer in the Varn waterflood project, has achieved an initial production rate of 25 barrels of oil per day. This development is part of a larger plan to enhance production through a series of wells, with the next phase involving the drilling of a water injection well in early 2026, indicating the company’s strategic efforts to boost output and operational capacity.
Winchester Energy Ltd announced that Jason Peterson has ceased to be a director of the company as of November 3, 2025. The announcement includes details of Peterson’s interests in securities, noting that he holds no securities as a registered holder but has significant holdings through Sunset Capital Management Pty Ltd, where he is a director and shareholder. This change in directorship could impact the company’s governance and strategic direction, potentially affecting stakeholder confidence and market perception.
Winchester Energy Ltd has announced the appointment of Mr. Thomson Naude as a director, effective from November 3, 2025. The announcement indicates that Mr. Naude currently holds no relevant interests in securities or contracts related to the company, suggesting a fresh perspective and potential strategic shifts in the company’s governance.
Winchester Energy Limited has announced the appointment of Mr. Thomson Naude as a Non-Executive Director, bringing significant experience from his previous roles in the oil and gas industry, including positions at Carnarvon Energy Limited and Hibiscus Petroleum. Concurrently, Mr. Jason Peterson has resigned from his position as Non-Executive Director but will continue to serve as a Corporate Advisor. These board changes reflect Winchester Energy’s strategic efforts to strengthen its leadership team and potentially enhance its operational capabilities in the energy sector.
Winchester Energy Ltd reported a quarterly net revenue of AUD$458,610, with production averaging 69 barrels of oil equivalent per day, slightly down from the previous quarter. The company completed a farm-out agreement for a 30% interest in the Varn waterflood project with a private US investor group, which includes upfront consideration and a ‘third-for-a-quarter’ promote on planned wells, potentially enhancing future production capabilities.
Winchester Energy Limited has successfully completed drilling the JVU-5 production well at its Varn waterflood project in Texas, reaching a depth of 4,877 feet. The well, which showed promising oil and gas indicators, is set to proceed to completion and production, marking a significant step in the company’s development plans. The Varn project involves a total of 10 wells, with infrastructure already in place to expedite production. This advancement supports Winchester’s strategic goals and enhances its operational capabilities in the region.
Winchester Energy Limited has commenced drilling the JVU-5 production well in the Varn waterflood project in Taylor County, Texas. This development is part of a joint venture where Winchester holds a 70% working interest. The project aims to enhance oil recovery through a planned operation of 10 wells, including both producers and injectors, leveraging existing infrastructure to expedite production. This initiative underscores Winchester’s strategic commitment to maximizing value from its US operations, with the Varn Oil Field containing significant proven and probable reserves.