Oilex Ltd (GB:SYN)
LSE:SYN
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Oilex Ltd
(LSE:SYN)
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Rating:43Neutral
Price Target:
0.01 p
▼(-35.00% Downside)
Action:ReiteratedDate:03/12/26
The score is held down primarily by weak financial quality (shrinking revenue, negative gross profit, and ongoing operating/free-cash-flow burn), reinforced by bearish technicals (below key longer-term moving averages and negative MACD). A low P/E provides some valuation support, but it is tempered by the company’s volatility and weak cash generation.
Positive Factors
Low leverage / strong balance sheet
Zero reported debt and roughly A$9.1m of equity create a low-leverage capital structure that preserves financing optionality. Over the coming months this reduces refinancing and default risk, allowing the company to fund appraisal work or operations without immediate debt issuance.
Negative Factors
Sharply declining revenue and negative gross profit
A steep drop in revenue alongside persistently negative gross profit signals weak underlying unit economics. Structurally, the core portfolio is not generating sustainable top-line or operating margin support, increasing the risk that operations require ongoing external funding or portfolio changes.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Zero reported debt and roughly A$9.1m of equity create a low-leverage capital structure that preserves financing optionality. Over the coming months this reduces refinancing and default risk, allowing the company to fund appraisal work or operations without immediate debt issuance.
Read all positive factors
Oilex Ltd (SYN) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£1.64M
Dividend YieldN/A
Average Volume (3M)37.62M
Price to Earnings (P/E)―
Beta (1Y)-0.18
Revenue Growth-46.02%
EPS Growth-150.00%
CountryUK
Employees29
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.00
Shares Outstanding15,571,742,000
10 Day Avg. Volume27,522,438
30 Day Avg. Volume37,623,877
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.56
Price to Sales (P/S)34.68
P/FCF Ratio-0.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Oilex Ltd Business Overview & Revenue Model
Company Description
Synergia Energy Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas in Australia, India, and Indonesia. It primarily holds 100% interest in the Cambay field located in the Cambay basin, onshore Gujarat, ...
How the Company Makes Money
null...
Oilex Ltd Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2025 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 146.27K | 638.46K | 141.44K | 0.00 | 0.00 |
| Gross Profit | -389.68K | -410.54K | -1.05M | -140.26K | -36.27K |
| EBITDA | -3.49M | -1.36M | -1.88M | -1.46M | -3.98M |
| Net Income | 4.99M | -2.80M | -2.06M | -614.35K | -4.49M |
Balance Sheet | |||||
| Total Assets | 11.43M | 19.87M | 25.78M | 15.14M | 13.15M |
| Cash, Cash Equivalents and Short-Term Investments | 581.03K | 1.07M | 4.91M | 4.75M | 173.82K |
| Total Debt | 0.00 | 1.74M | 451.36K | -215.27K | 769.55K |
| Total Liabilities | 2.36M | 9.91M | 11.19M | 6.16M | 8.11M |
| Stockholders Equity | 9.06M | 9.96M | 14.58M | 8.98M | 5.04M |
Cash Flow | |||||
| Free Cash Flow | -6.16M | -3.36M | -4.84M | -1.53M | -2.89M |
| Operating Cash Flow | -3.91M | -2.75M | -4.80M | -1.39M | -2.84M |
| Investing Cash Flow | 1.23M | -608.95K | -2.58M | 501.20K | -123.79K |
| Financing Cash Flow | 826.09K | 3.47M | 7.80M | 4.77M | 2.78M |
Oilex Ltd Technical Analysis
Negative
0.02
Price Trends
0.01
Neutral
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Negative
0.04
Positive
<0.01
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 above the 20-day moving average (MA) of <0.01, above the 50-day MA of 0.01, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 0.04 is Positive, neither overbought nor oversold. The STOCH value of <0.01 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
UnderperformOutperform
Sector (65)
GB:SYN
Oilex Ltd
0.01
-0.01
-50.00%
GB:LOGP
Lansdowne Oil & Gas
0.10
0.00
0.00%
GB:ADME
ADM Energy plc
0.04
-0.06
-63.16%
GB:BUCE
Nostra Terra Oil and Gas
0.01
-0.01
-50.00%
GB:BCE
Advance Energy
3.25
-0.65
-16.65%
GB:PET
Petrel Resources
0.90
-0.20
-18.18%
Oilex Ltd Corporate Events
Business Operations and StrategyFinancial Disclosures
Synergia Energy Corrects Cambay Field Production Figures
Neutral
Mar 6, 2026
Synergia Energy has corrected its recently issued production update for the Cambay production sharing contract in onshore India, clarifying current output figures from its key wells. The company confirmed that the C-64 and C-74 wells are deliverin...
Business Operations and StrategyFinancial Disclosures
Synergia Energy Lifts Oil Output at Cambay as Legacy Wells Rebound
Positive
Mar 6, 2026
Synergia Energy reported a significant uplift in oil production from two legacy wells, C-64 and C-74, at its Cambay PSC onshore field in India, following workovers completed in November 2025. Average combined production from these wells rose from ...
Business Operations and StrategyM&A Transactions
Synergia Sale of Cambay Stake Stalls as Selan Misses Bank Guarantee Deadline
Negative
Feb 9, 2026
Synergia Energy has confirmed it remains committed to developing its Cambay onshore gas asset in India, where it holds a 50% working interest and 206 BCF of proven P50 Eocene gas reserves. The company continues to be guided by existing farm-in and...
Business Operations and Strategy
Synergia Energy Reports Gas Shows at New Cambay Well and Stable Output from Workovers
Positive
Jan 22, 2026
Synergia Energy has updated the market on operations at its onshore Cambay PSC in India, reporting that the newly drilled C-78 well in the Oligocene OSII zone has shown gas during clean-up and testing and is now being monitored for pressure behavi...
Business Operations and StrategyStock BuybackDelistings and Listing ChangesM&A TransactionsShareholder Meetings
Synergia Energy Wins Approval for Cambay Stake Sale and Shelves AIM Delisting
Positive
Dec 29, 2025
Synergia Energy Ltd shareholders have approved the disposal of the company’s 50% working interest in the Cambay Production Sharing Contract (PSC) in India to Selan, while voting down a second resolution that would have led to delisting from ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.