Blue Energy Limited (BLU) AI Stock Analysis

Blue Energy Limited

(ASX:BLU)

Select Model

Rating:37Underperform

Price Target:AUD 0.01▼(-10.00% Downside)

Action:downgraded

Date:09/24/26

The overall score is the minimum of 37, reflecting a pre-revenue exploration company with no current operations to support its valuation. The primary factors are a complete absence of revenue and deeply negative cash flows, which are only partially offset by a strong, debt-free balance sheet. The lack of technical data and a negative P/E ratio further confirm the high-risk, speculative nature of the stock.

Positive Factors

Low leverage and refinancing riskMinimal debt and extremely low leverage reduce refinancing exposure and preserve financial flexibility. This gives Blue Energy more capacity to fund exploration, manage project timing, and withstand operating setbacks while pursuing potential gas development without heavy interest obligations.

Negative Factors

Persistent unprofitabilityLosses across every reported year show that the current business model has not yet converted exploration activity into sustainable earnings. Continued unprofitability limits retained funding, weakens returns on capital, and leaves future financial performance dependent on successful project execution.

Blue Energy Limited (BLU) vs. iShares MSCI Australia ETF (EWA)

Not enough price history over this period.

Market Cap: AUD 9.04M
Dividend Yield: ―
Average Volume (3M): ―
Price to Earnings (P/E): -15.0
Beta (1Y): -0.98
Revenue Growth: ―
EPS Growth: 37.50%
Country: Australia
Employees: 0
Sector: Energy
Sector Strength: 65
Industry: Oil & Gas Exploration & Production

Blue Energy Limited Business Overview & Revenue Model

Company Description

Blue Energy Limited, an Australian enterprise, specializes in the exploration, evaluation, and advancement of both conventional and unconventional oil and gas resources. Its activities are predominantly carried out across Queensland and the Northern...

How the Company Makes Money

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Blue Energy Limited Financial Statement Overview

Summary

Financial performance is critically weak. The company is pre-revenue with persistent and significant operating losses (net loss of $1.27M in 2026) and deeply negative cash flows (operating cash flow of -$1.28M). The only mitigating factor is a strong, debt-free balance sheet with $76.6M in equity, which provides a cash runway but does not offset the lack of any operational profitability or cash generation.

Income Statement

8Very Negative

Balance Sheet

75Positive

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Jun 2026	Jun 2025	Jun 2024	Jun 2023	Jun 2022
Income Statement
Total Revenue	0	0	0	0	116.00K	0
Gross Profit	-81.00K	-81.00K	-78.00K	-68.00K	68.00K	-52.00K
EBITDA	-1.30M	-1.30M	-1.32M	-13.66M	-1.78M	-1.44M
Net Income	-1.27M	-1.27M	-1.42M	-13.65M	-1.54M	-1.50M
Balance Sheet
Total Assets	77.81M	77.81M	73.76M	75.55M	89.28M	72.18M
Cash, Cash Equivalents and Short-Term Investments	3.62M	3.62M	913.00K	4.43M	2.40M	6.86M
Total Debt	38.00K	38.00K	72.00K	143.00K	28.00K	73.00K
Total Liabilities	1.21M	1.21M	1.38M	1.75M	1.83M	2.39M
Stockholders Equity	76.59M	76.59M	72.38M	73.80M	87.45M	69.79M
Cash Flow
Free Cash Flow	-1.28M	-1.28M	-1.60M	-5.28M	-23.57M	-4.60M
Operating Cash Flow	-1.28M	-1.28M	-1.60M	-1.53M	-2.02M	-1.62M
Investing Cash Flow	-1.44M	-1.44M	-1.83M	3.57M	-21.54M	-2.97M
Financing Cash Flow	5.42M	5.42M	-78.00K	-11.00K	19.11M	9.50M

Blue Energy Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

AU:BLU against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
AU:TEE	57Neutral	AUD 10.35M	-1.42	-27.80%	―	―	33.67%
AU:SHE	47Neutral	AUD 9.58M	6.09	9.31%	―	50.52%	―
AU:H3E	38Underperform	AUD 5.36M	-0.88	109.14%	―	―	89.58%
AU:BLU	37Underperform	AUD 9.04M	-15.00	-1.65%	―	―	37.50%
AU:PV1	37Underperform	AUD 5.70M	-0.91	-481.65%	―	―	-18.92%

* Energy Sector Average

Performance Comparison

AU:BLU and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
AU:BLU	Blue Energy Limited	―	―	―
AU:PV1	Provaris Energy Ltd	0.01	-0.01	-37.50%
AU:H3E	Whitebark Energy Ltd	0.01	0.00	0.00%
AU:SHE	Stonehorse Energy Ltd	0.01	0.00	40.00%
AU:TEE	Top End Energy Limited	0.04	0.00	5.71%

Blue Energy Limited Corporate Events

Blue Energy Files Updated Corporate Governance Statement with ASX

Sep 22, 2026

Blue Energy has lodged its updated corporate governance statement for the financial year ended 30 June 2026, confirming compliance with ASX Listing Rule 4.10.3. The statement, current as of 22 September 2026, is accessible via the company’s web...

Blue Energy Releases Full-Year 2026 Financial Report

Sep 22, 2026

Blue Energy Limited has released its financial report for the year ended 30 June 2026, detailing the group’s performance, financial position, cash flows and changes in equity. The report includes audited statements, disclosures on tenements and...

Blue Energy sets date and director nomination deadline for 2026 AGM

Sep 21, 2026

Blue Energy Limited has announced that its 2026 Annual General Meeting for the financial year ended 30 June 2026 will be held at 11:00 a.m. on Tuesday, 17 November 2026, at Pitcher Partners, Level 38, 345 Queen Street in Brisbane, subject to any furt...

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.

Date of analysis: Sep 24, 2026

Blue Energy Limited AI Stock Analysis