Portfolio ExpansionThe acquisition of Gawler Group Holdings expands Prominence Energy's portfolio into innovative energy storage and renewable energy, enhancing its market position in the energy sector.

Strategic Positioning In HydrogenThe acquisition of the Gawler Hydrogen Project positions Prominence Energy as a key player in the natural hydrogen industry, aligning with global trends towards clean energy.

Leadership StrengtheningStrengthening leadership with experienced professionals supports strategic execution and enhances the company's capabilities in exploration and corporate strategy.

Bears Say

Negative Cash FlowPersistent negative cash flow indicates ongoing cash burn, which may necessitate external funding and poses a risk to financial sustainability.

Negligible RevenueNegligible revenue and persistent losses highlight challenges in achieving profitability, impacting the company's ability to sustain operations independently.

Equity And Asset DeclineDeclining equity and assets, coupled with negative returns, suggest value erosion and potential funding risks, affecting long-term financial health.

Prominence Energy Limited News

Prominence Energy Secures Gawler Hydrogen Project and Advances Exploration Plans

An update from Prominence Energy Limited ( ($AU:PRM) ) is now available. Prominence Energy has completed the acquisition...

19d ago

Hartshead Resources Ceases to Be Substantial Holder in Prominence Energy

Prominence Energy Limited ( ($AU:PRM) ) just unveiled an update. Prominence Energy Ltd has disclosed that Hartshead Resources...

28d ago

Prominence Energy Director Increases Shareholding via Performance Rights Conversion

The latest announcement is out from Prominence Energy Limited ( ($AU:PRM) ). Prominence Energy Limited has disclosed a...

29d ago

Prominence Energy Issues 237.5 Million Shares Tied to Gawler Group Acquisition

Prominence Energy Limited ( ($AU:PRM) ) has issued an announcement. Prominence Energy has issued 237.5 million fully paid...

29d ago

Prominence Energy Seeks ASX Quotation for 237.5 Million New Shares

Prominence Energy Limited ( ($AU:PRM) ) has shared an announcement. Prominence Energy Limited has applied to the ASX...

29d ago

Prominence Energy Discloses Initial Equity Interests of New Director Mike Fischer

Prominence Energy Limited ( ($AU:PRM) ) has issued an announcement. Prominence Energy Limited has notified the ASX of...

1M ago

Prominence Energy Announces Departure of Director Quinton Meyers

Prominence Energy Limited ( ($AU:PRM) ) has shared an announcement. Prominence Energy Limited has announced that director Quinton...

1M ago

Prominence Energy Expands Portfolio with Key Acquisition

An announcement from Prominence Energy Limited ( ($AU:PRM) ) is now available. Prominence Energy Ltd announced the issuance...

2M ago

Prominence Energy Announces New Unquoted Securities Issuance

An announcement from Prominence Energy Limited ( ($AU:PRM) ) is now available. Prominence Energy Limited announced the issuance...

2M ago

Prominence Energy to List 570 Million Ordinary Securities on ASX

The latest announcement is out from Prominence Energy Limited ( ($AU:PRM) ). Prominence Energy Limited has announced the...

2M ago

RSX FAQ

What was Prominence Energy Limited’s price range in the past 12 months?

Currently, no data Available

What is Prominence Energy Limited’s market cap?

Prominence Energy Limited’s market cap is €3.04M.

When is Prominence Energy Limited’s upcoming earnings report date?

Prominence Energy Limited’s upcoming earnings report date is Mar 13, 2026 which is in 25 days.

How were Prominence Energy Limited’s earnings last quarter?

Prominence Energy Limited released its earnings results on Sep 30, 2025. The company reported >-$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by >-$0.001.

Is Prominence Energy Limited overvalued?

According to Wall Street analysts Prominence Energy Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Prominence Energy Limited pay dividends?

Prominence Energy Limited does not currently pay dividends.

What is Prominence Energy Limited’s EPS estimate?

Prominence Energy Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Prominence Energy Limited have?

Prominence Energy Limited has 1,696,676,400 shares outstanding.

What happened to Prominence Energy Limited’s price movement after its last earnings report?

Prominence Energy Limited reported an EPS of >-$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same N/A.

Which hedge fund is a major shareholder of Prominence Energy Limited?

Currently, no hedge funds are holding shares in DE:RSX

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Prominence Energy Limited

Prominence Energy Ltd engages in the exploration, development, and production of oil and gas projects in Australia and the United States. It holds a 100% working interest in Bowsprit oil project comprising 635 net acres located in the Breton sound area of Louisiana; and 12.5% interest in exploration permit WA-519-P located on the Northwest Shelf, Australia. The company was formerly known as Sun Resources NL and changed its name to Prominence Energy NL in December 2019. Prominence Energy Ltd was incorporated in 1986 and is headquartered in West Perth, Australia.