Empyrean Energy (EME) AI Stock Analysis

• Market Cap: £2.29M
• Dividend Yield: N/A
• Average Volume (3M): 88.12M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.13
• Revenue Growth: N/A
• EPS Growth: 89.39%
• Country: UK
• Employees: 4
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 5,719,672,400
• 10 Day Avg. Volume: 46,498,507
• 30 Day Avg. Volume: 88,122,149
• PEG Ratio: <0.01
• Price to Book (P/B): -0.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.25
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: 0.03p ▼(-15.00% Downside)

The score is primarily weighed down by weak financial performance (no revenue, ongoing losses, negative cash flow, and negative equity with rising debt). Technicals also remain bearish with the share price below key moving averages and a negative MACD. Corporate events are mixed—legal/JV dispute risk offsets some positive governance and shareholder-interest signals—while valuation is constrained by loss-making status and no dividend yield data.

Positive Factors

Capital Raising

The successful capital raising enhances Empyrean Energy's financial base, potentially supporting future growth and operational initiatives, which is crucial for a company facing financial challenges.

Operational Expansion

Commencing drilling operations at the Wilson River-1 well signifies potential expansion in resource extraction capabilities, which could lead to increased production and revenue if successful.

Strategic Partnerships

Increasing its stake in the Wilson River Project through strategic agreements enhances Empyrean's operational capacity, positioning it for better market competitiveness in the oil and gas sector.

Negative Factors

Negative Equity

Negative equity indicates financial distress, limiting Empyrean's ability to secure favorable financing and invest in growth opportunities, posing a long-term risk to its financial stability.

Consistent Losses

Ongoing losses and lack of revenue generation highlight operational inefficiencies, which could hinder Empyrean's ability to sustain its business model and achieve profitability.

Cash Flow Challenges

Negative cash flows indicate an inability to generate cash from operations, which could strain Empyrean's liquidity and limit its capacity to fund operational and strategic initiatives.

Empyrean Energy Business Overview & Revenue Model

Company Description

Empyrean Energy Plc engages in the exploration, development, and production of energy resource projects. It has a 100% working interest in the Block 29/11 project located in the Pearl River Mouth Basin, offshore China; and 10% working interest in the Duyung production sharing contract that covers an area of approximately 1,100km2 in the West Natuna Basin, Indonesia. The company also has a 10% working interest in the Riverbend project located in the Jasper County, Texas; and 58.084% working interest in the Eagle Oil Pool Development project located in the San Joaquin Basin, southern California. Empyrean Energy Plc was incorporated in 2005 and is based in Subiaco, Australia.

How the Company Makes Money

Empyrean Energy generates revenue primarily through the exploration, development, and production of oil and gas reserves. The company identifies promising energy assets, often in collaboration with strategic partners, and invests in the necessary infrastructure to extract and sell these resources. Revenue is earned from the sale of crude oil, natural gas, and related hydrocarbons to energy markets and industrial buyers. Additionally, Empyrean Energy may engage in joint ventures or farm-out agreements, where they partner with other energy companies to share the costs and revenues of exploration and production activities. Key factors contributing to its earnings include fluctuations in global oil prices, the success of exploration activities, and the efficient management of production operations.

Empyrean Energy Financial Statement Overview

Summary

Empyrean Energy faces significant financial challenges with no revenue and ongoing losses. The balance sheet shows negative equity, and cash flows are insufficient to cover operational needs, relying heavily on financing activities. Overall, the company is in a precarious financial position with high risk.

Income Statement

The company has reported zero revenue consistently over the years, highlighting a lack of operational income generation. Net income is persistently negative, indicating ongoing losses with a slightly improved net income in the latest period compared to previous years.

Balance Sheet

The balance sheet shows negative stockholders' equity in the latest period, a sign of financial distress, with total debt exceeding total assets. The company's debt-to-equity ratio is effectively infinite due to negative equity, reflecting high financial risk.

Cash Flow

Operating and free cash flows are consistently negative, indicating an inability to generate positive cash from operations. However, there is a slight improvement in operating cash flow in the latest period, while financing cash flow remains positive due to debt financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-699.29K	0.00	0.00	-810.00K	-1.62M	-943.00K
Net Income	-1.15M	-3.35M	-9.59M	-20.80M	-8.11M	-963.00K
Balance Sheet
Total Assets	6.58M	7.49M	6.35M	24.96M	15.19M	14.57M
Cash, Cash Equivalents and Short-Term Investments	2.27M	1.68M	981.00K	83.00K	19.00K	189.00K
Total Debt	7.31M	8.94M	7.59M	4.13M	4.13M	0.00
Total Liabilities	9.57M	12.06M	10.71M	6.29M	778.00K	1.25M
Stockholders Equity	-2.99M	-4.57M	-4.36M	2.30M	18.68M	14.41M
Cash Flow
Free Cash Flow	-329.85K	-2.35M	-1.79M	-15.27M	-1.99M	-778.00K
Operating Cash Flow	-328.48K	-937.00K	-827.00K	-882.00K	-831.00K	-221.00K
Investing Cash Flow	-169.76K	-1.42M	-964.00K	-16.37M	-16.37M	-1.23M
Financing Cash Flow	1.48M	3.02M	2.69M	2.42M	17.11M	1.93M

Empyrean Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:EME, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.82 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:EME.

Empyrean Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
PET	46 Neutral	£1.45M	-2.69	―	―	―	―
EME	43 Neutral	£2.29M	-0.57	―	―	―	89.39%
CLON	41 Neutral	£1.80M	-2.20	-96.49%	―	―	―
DELT	41 Neutral	£2.93M	-0.99	-215.74%	―	―	―
WCAT	40 Underperform	£2.25M	-7.50	-173.17%	―	―	―

Empyrean Energy Corporate Events

Empyrean Energy Reports Interim Results Amid Strategic Developments

Empyrean Energy PLC reported its interim results for the six months ending September 30, 2025, highlighting significant developments in its Duyung PSC Project in Indonesia. The company faced challenges due to a dispute with Conrad Asia Energy Ltd over cash calls, but constructive discussions are ongoing. A new Gas Sale Agreement (GSA) was signed with PT PLN Energi Primer Indonesia, following a directive from the Indonesian Ministry of Energy and Mineral Resources, which could enhance domestic gas availability and support future farmout arrangements. Additionally, Empyrean raised funds through placings and retail offers to support its operations, despite the setback at the Wilson River Project in Australia.

Empyrean Energy Announces Mako Gas Field Development Agreement Amidst Dispute

Empyrean Energy PLC announced that Conrad Asia Energy Ltd and its subsidiary West Natuna Exploration Limited have entered into an agreement with PT Nations Natuna Barat to develop the Mako gas field in the Duyung PSC. Nations will acquire a 75% participating interest in the project and will finance the entire development costs, with Conrad retaining a 25% interest. The transaction is expected to be completed by Q3 2026, with first gas production targeted for late 2027. Empyrean is currently in a dispute with Conrad over a Notice of Forced Withdrawal, which Empyrean contests, emphasizing its commitment to resolving the issue amicably.

Empyrean Energy Faces Dispute Over Duyung PSC Interests

Empyrean Energy PLC has received a Notice of Election of Remedy and Forced Withdrawal from West Natuna Exploration Limited, a subsidiary of Conrad Asia Energy Ltd, concerning the Duyung PSC. Despite ongoing dispute-resolution discussions and a verbal agreement on disputed cash calls, the notice suggests Empyrean’s withdrawal from the joint venture, which the company contests. Empyrean is committed to resolving the dispute cooperatively and legally, while Conrad’s trading halt on the ASX adds complexity to the situation.

Empyrean Energy Announces Significant Shareholding Update

Empyrean Energy PLC announced that Nortrust Nominees Limited now holds 73,000,000 ordinary shares, representing approximately 1.28% of the company’s issued share capital. This development could influence Empyrean’s market dynamics and shareholder structure, potentially impacting its strategic decisions and stakeholder interests.

Empyrean Energy Awaits Update on Duyung PSC Farm Down

Empyrean Energy PLC announced that Conrad Asia Energy Ltd, the operator of the Mako Gas Field, has halted trading of its securities on the Australian Securities Exchange pending an announcement regarding the farm down of its 75% interest in the Duyung PSC. Empyrean, holding an 8.5% interest in the project, is currently unable to make a statement but plans to update the AIM market soon.

Empyrean Energy Sees Significant Stake Acquisition by Nortrust Nominees

Empyrean Energy PLC announced that Nortrust Nominees Limited has acquired a significant stake in the company, holding 255,000,000 ordinary shares, which constitutes approximately 4.46% of the company’s issued share capital. This development indicates a notable interest in Empyrean Energy’s shares, potentially impacting its market positioning and signaling confidence from investors in the company’s future prospects.

Empyrean Energy PLC Secures Shareholder Approval at AGM

Empyrean Energy PLC successfully held its Annual General Meeting, where all proposed resolutions were passed by a poll. The resolutions included receiving accounts, appointing auditors, re-electing a director, and granting authority under Section 551, as well as the dis-application of pre-emption rights. The approval of these resolutions signifies strong shareholder support and positions the company to continue its strategic initiatives.