Oilex Ltd (SYN) AI Stock Analysis

• Market Cap: £3.35M
• Dividend Yield: N/A
• Average Volume (3M): 203.00M
• Price to Earnings (P/E): 0.5
• Beta (1Y): 0.18
• Revenue Growth: -55.66%
• EPS Growth: N/A
• Country: UK
• Employees: 29
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 15,571,742,000
• 10 Day Avg. Volume: 127,357,262
• 30 Day Avg. Volume: 202,998,026
• PEG Ratio: -0.05
• Price to Book (P/B): 0.50
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.82
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 59 Neutral
• Price Target: 0.00p ▼(-100.00%Downside)

The overall stock score is driven by the company's financial struggles, which pose significant risks. However, the low P/E ratio suggests potential undervaluation. Positive corporate events, including the strategic sale of assets, provide a potential upside. Mixed technical indicators add to the uncertainty.

Oilex Ltd Business Overview & Revenue Model

Company Description

Oilex Ltd (SYN) is an energy company primarily engaged in the exploration, appraisal, and development of oil and gas resources. Operating within the energy sector, the company focuses on identifying and extracting hydrocarbon reserves, with a particular emphasis on projects located in the Asia-Pacific region. Oilex aims to leverage its technical expertise and strategic partnerships to efficiently manage and develop its portfolio of assets.

How the Company Makes Money

Oilex Ltd generates revenue primarily through the exploration and production of oil and natural gas. The company's revenue model is centered around the sale of extracted hydrocarbons to refineries, distributors, and other stakeholders within the energy supply chain. Key revenue streams include the sale of crude oil and natural gas produced from its operated and non-operated assets. Additionally, Oilex may engage in strategic partnerships or joint ventures to enhance its resource development capabilities and share operational risks. Factors contributing to its earnings include fluctuations in global oil prices, production levels, and operational efficiency in its exploration and production activities.

Oilex Ltd Financial Statement Overview

Summary

Synergia Energy faces significant financial challenges, with declining revenues and persistent losses. The income statement reflects unprofitable operations, while the balance sheet shows high leverage and potential stability issues. Cash flow is negative, indicating reliance on unsustainable financing activities.

Income Statement

The income statement shows a troubling trend with declining revenues and persistently negative profit margins. The gross profit margin and net profit margin are negative, indicating unprofitable operations. The revenue has decreased from the previous year, with significant losses reported in EBIT and EBITDA, reflecting operational inefficiencies.

Balance Sheet

The balance sheet reflects high leverage with a debt-to-equity ratio of 0.17, suggesting moderate use of debt financing. The equity ratio is 50.1%, indicating a balanced capital structure. However, declining equity and asset values highlight potential stability issues.

Cash Flow

The cash flow statement reveals negative operating cash flow and free cash flow, indicating cash outflows exceeding inflows. The free cash flow growth rate is negative, and the company relies heavily on financing activities to sustain operations, which is not sustainable long-term.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	638.46K	1.30M	141.44K	0.00	0.00
Gross Profit	-410.54K	-1.27M	-656.29K	-5.71K	-36.27K
EBITDA	-1.36M	-5.01M	-1.88M	-1.46M	-3.98M
Net Income	-2.80M	-5.38M	-2.06M	-614.35K	-4.49M
Balance Sheet
Total Assets	19.87M	18.98M	25.78M	15.14M	13.15M
Cash, Cash Equivalents and Short-Term Investments	1.07M	938.59K	4.91M	4.75M	173.82K
Total Debt	1.74M	774.67K	451.36K	-215.27K	769.55K
Total Liabilities	9.91M	8.64M	11.19M	6.16M	8.11M
Stockholders Equity	9.96M	10.34M	14.58M	8.98M	5.04M
Cash Flow
Free Cash Flow	-3.36M	-5.38M	-4.84M	-1.53M	-2.89M
Operating Cash Flow	-2.75M	-5.37M	-4.80M	-1.39M	-2.84M
Investing Cash Flow	-608.95K	-3.23K	-2.58M	501.20K	-123.79K
Financing Cash Flow	3.47M	1.54M	7.80M	4.99M	2.78M

Oilex Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SYN, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.04 is Neutral, neither overbought nor oversold. The STOCH value of -8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SYN.

Oilex Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	59 Neutral	£7.35B	-2.82	-10.36%	150.52%	-1.03%	-98.53%
SYN	59 Neutral	£3.35M	0.53	56.96%	―	-55.66%	―
EME	25 Underperform	£4.83M	―		―	―	-312.90%

Oilex Ltd Corporate Events

Synergia Energy Ltd Announces Change in Major Holdings

Synergia Energy Ltd, a non-UK issuer, has announced a change in its major holdings due to an acquisition or disposal of voting rights by Republic Investment Management Pte. Ltd., based in Singapore. The notification reveals that the voting rights held by Republic Investment Management have decreased from 13.76% to 12.8%, with HSBC Bank PLC in London holding the shares. This change in voting rights could impact the company’s governance and influence within the market.

Synergia Energy Ltd Enhances Cambay PSC Operations

Synergia Energy Ltd has announced an update on its Cambay PSC project in India, where a 50-tonne workover rig has been contracted to improve production at the C-64 well. Despite delays due to monsoon conditions, the installation of a sucker rod pump is scheduled for July 2025, which is expected to enhance and stabilize oil production, potentially impacting the company’s operational efficiency and market position.

Synergia Energy to Sell Remaining Cambay Interest to Selan Exploration

Synergia Energy Ltd has announced the proposed sale of its remaining 50% working interest in the Cambay PSC to Selan Exploration Technology Limited. The transaction, valued at approximately four times Synergia’s current market capitalization, is expected to unlock shareholder value and provide resources for new strategic initiatives. The sale is subject to shareholder approval and Government of India approval, with the company planning to return a portion of the proceeds to shareholders and achieve cost savings.

Synergia Energy to Sell Remaining Cambay Stake to Selan Exploration

Synergia Energy Ltd has announced the proposed sale of its remaining 50% working interest in the Cambay PSC to Selan Exploration Technology Limited. This strategic decision follows a review aimed at unlocking shareholder value, with the transaction valued at approximately six times Synergia’s current market capitalization. The sale is expected to result in cost savings and provide resources for new strategic initiatives, with a portion of the proceeds intended to be returned to shareholders.

Synergia Energy Announces Change in Shareholder Structure

Synergia Energy Ltd, a non-UK issuer, has announced a significant change in its shareholder structure due to an asset transfer following the termination of an account. Republic Investment Management Pte. Ltd., based in Singapore, has reduced its voting rights in Synergia Energy from 14.5% to 13.76%, with HSBC Bank PLC holding the shares. This adjustment in holdings may impact the company’s governance and decision-making processes, influencing its strategic direction and potentially affecting stakeholders.

Synergia Energy Appoints SP Angel as Nominated Adviser

Synergia Energy Ltd, a company listed on AIM under the ticker SYN, has announced the appointment of SP Angel Corporate Finance LLP as its new Nominated Adviser. This strategic move is expected to enhance Synergia Energy’s market positioning by leveraging SP Angel’s expertise, as they will also continue to provide Joint Broker services, potentially benefiting stakeholders through improved advisory support.

Synergia Energy’s Cambay PSC Project Advances with New Drilling Plans

Synergia Energy Ltd announced that its joint venture partner, Selan Exploration, has secured a drilling rig and services for the Cambay PSC project in India. The drilling of the first of three new wells is set to begin in September 2025, with workover operations on existing wells resuming in June 2025. This development is part of a $20 million work program, with Synergia being fully carried by Selan, which may enhance production capabilities and strengthen Synergia’s position in the Indian energy market.