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Empire Energy Group Limited
(Sydney:BTL)
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Rating:43Neutral
Price Target:
AU$0.21
▼(-3.64% Downside)
Action:Reiterated
Date:10/24/26
The score is primarily held down by weak financial performance—persistent losses, negative free cash flow, and no revenue reported in 2025—along with increased debt risk noted in 2025. Technicals add further pressure as the stock trades below major moving averages with negative MACD. Valuation provides limited support because a negative P/E reflects continued unprofitability and no dividend yield is available.
Positive Factors
Balance Sheet Cushion
The company’s generally low-to-moderate debt-to-equity and meaningful equity cushion provide some balance-sheet resilience while projects are advanced. This can preserve flexibility for exploration and development, although negative returns show the capital base is not yet productive.
Negative Factors
Persistent Unprofitability
Recurring operating and net losses indicate that the business has not yet established sustainable earnings power. The absence of reported revenue in 2025 further weakens operating leverage and makes future investment dependent on successfully advancing assets toward commercial activity.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Cushion
The company’s generally low-to-moderate debt-to-equity and meaningful equity cushion provide some balance-sheet resilience while projects are advanced. This can preserve flexibility for exploration and development, although negative returns show the capital base is not yet productive.
Read all positive factors
Empire Energy Group Limited (BTL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$346.85M
Dividend YieldN/A
Average Volume (3M)2.07M
Price to Earnings (P/E)―
Beta (1Y)0.51
Revenue GrowthN/A
EPS Growth28.92%
CountryAU
Employees39
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-0.01
Shares Outstanding1,508,030,600
10 Day Avg. Volume2,314,634
30 Day Avg. Volume2,068,096
Financial Highlights & Ratios
PEG Ratio0.66
Price to Book (P/B)2.18
Price to Sales (P/S)0.00
P/FCF Ratio-5.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.61Price Target Upside177.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)<0.01
Revenue Forecast (FY)AU$32.64M
Empire Energy Group Limited Business Overview & Revenue Model
Company Description
Beetaloo Energy Australia Limited, along with its subsidiaries, is an Australian enterprise focused on the extraction and commercialization of oil and natural gas. The company holds a full 100% working interest across roughly 28 million acres of e...
How the Company Makes Money
Empire Energy’s primary business model is typical of an upstream oil and gas company: it seeks to create value by identifying, acquiring, and advancing petroleum acreage through exploration and appraisal (e.g., geological studies, seismic, and dri...
Empire Energy Group Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
56
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 1.02M | 6.09M | 13.72M | 8.50M |
| Gross Profit | -261.00K | 0.00 | -280.61K | 193.04K | 7.76M | 3.50M |
| EBITDA | -16.11M | -16.58M | -18.82M | -17.91M | -2.40M | -7.15M |
| Net Income | -18.61M | -19.39M | -21.32M | -22.08M | -6.00M | -11.05M |
Balance Sheet | ||||||
| Total Assets | 257.21M | 192.92M | 167.00M | 171.50M | 197.65M | 158.82M |
| Cash, Cash Equivalents and Short-Term Investments | 63.09M | 18.66M | 25.44M | 13.63M | 21.88M | 25.65M |
| Total Debt | 15.04M | 25.66M | 2.28M | 9.75M | 8.83M | 8.86M |
| Total Liabilities | 34.28M | 40.05M | 30.56M | 59.20M | 64.04M | 49.50M |
| Stockholders Equity | 222.93M | 152.87M | 136.44M | 112.30M | 133.61M | 109.32M |
Cash Flow | ||||||
| Free Cash Flow | -23.14M | -66.06M | -38.27M | -9.63M | -32.49M | -25.36M |
| Operating Cash Flow | 3.92M | -17.87M | -11.26M | -2.47M | 5.10M | -2.46M |
| Investing Cash Flow | -44.16M | -48.03M | -6.76M | -6.76M | -37.59M | -24.44M |
| Financing Cash Flow | 64.09M | 58.23M | 29.81M | 673.73K | 28.38M | 38.54M |
Empire Energy Group Limited Technical Analysis
Negative
0.22
Price Trends
0.25
Negative
0.25
Negative
0.26
Negative
Market Momentum
>-0.01
Negative
45.44
Neutral
77.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BTL, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.25, and below the 200-day MA of 0.26, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.44 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BTL.
Empire Energy Group Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | AU$365.50M | 23.05 | 17.91% | 12.80% | -23.44% | -18.10% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
53 Neutral | AU$407.31M | -46.67 | -5.15% | ― | ― | -35.25% | |
51 Neutral | AU$378.66M | -12.99 | -7.49% | ― | -13.67% | 85.97% | |
47 Neutral | AU$187.80M | -45.83 | -1.58% | ― | ― | -220.00% | |
43 Neutral | AU$346.85M | -16.55 | -9.91% | ― | ― | 28.92% | |
41 Neutral | AU$155.19M | -2.80 | -64.16% | ― | ― | -456.54% |
* Energy Sector Average
AU:BTL
Empire Energy Group Limited
0.23
-0.04
-14.81%
AU:CVN
Carnarvon Energy Limited
0.11
<0.01
10.53%
AU:HZN
Horizon Oil Limited
0.21
0.02
11.41%
AU:STX
Strike Energy Limited
0.11
0.00
0.00%
AU:FDR
Finder Energy Holdings Limited
0.28
-0.18
-38.46%
AU:OMA
Omega Oil & Gas Limited
0.75
0.36
92.31%
Empire Energy Group Limited Corporate Events
Beetaloo Energy Boosts Cash Reserves Despite Heavy Exploration Spend
Oct 19, 2026
Beetaloo Energy Australia Limited reported a strong operating cash inflow for the quarter ended 30 September 2026, largely supported by significant government grants, tax incentives and GST and fuel tax credits, despite substantial outlays on staf...
Beetaloo Energy advances Carpentaria pilot and launches gas‑to‑power data centre push
Oct 19, 2026
Beetaloo Energy reported a strong September quarter, highlighted by sustained gas production from the Carpentaria-5H horizontal well, which recorded a peak flow rate above 14 TJ per day and robust 30-day performance. Construction of the Carpentari...
Beetaloo Energy Secures Low-Cost Stake in Queensland Liquids Play
Oct 2, 2026
Beetaloo Energy has been selected by the Queensland Government, alongside partners Amplitude Energy, Xstate Resources and Eastern States Energy, as preferred tenderer for the PLR2026-1-7 block in the Taroom Trough, securing a 25% non-operated work...
Beetaloo Energy Lapses 24,828 Unvested Service Rights
Sep 18, 2026
Beetaloo Energy Australia Limited has announced the lapse of 24,828 unvested service rights, following the failure or impossibility of meeting the specified vesting conditions attached to these conditional securities. The cessation of these securi...
Beetaloo Energy Issues Over 3.2 Million Unquoted Rights Under Incentive Schemes
Sep 18, 2026
Beetaloo Energy Australia Limited has notified the market of the issue of unquoted equity securities under its employee incentive schemes, including more than 3.2 million performance, service and restricted rights. The new awards, granted on 18 Se...
Beetaloo Energy Seeks ASX Quotation for Additional Shares
Sep 11, 2026
Beetaloo Energy Australia Limited, listed on the ASX under the ticker BTL, operates in the energy sector and is focused on oil and gas exploration and development activities in Australia. The company issues ordinary fully paid shares as its primar...
Beetaloo Energy Releases 2026 Half-Year Financial Report
Sep 10, 2026
Beetaloo Energy Australia Limited has released its half-year financial report for the period ended 30 June 2026, detailing its operational review, financial performance, cash flows, and changes in equity. The report, supported by an independent au...
Beetaloo Energy Issues Risk-Focused Overview of Beetaloo Region Operations
Sep 1, 2026
Beetaloo Energy Australia Limited has released a presentation outlining general information about its operations, lease holdings and exploration focus in the Beetaloo region, framed as a high-level overview rather than a comprehensive prospectus. ...
Beetaloo Energy Taps AGIG to Advance Gas Pipeline for Beetaloo Digital Project
Aug 23, 2026
Beetaloo Energy has signed a non-binding Memorandum of Understanding with Australian Gas Infrastructure Group to assess and plan gas transportation, processing and related facilities for its Beetaloo Digital gas-to-power data centre project in the...
Beetaloo Energy Director Receives Additional Equity in Lieu of Fees
Aug 17, 2026
Beetaloo Energy Australia Limited has disclosed a change in director Peter Cleary’s holdings following the issue of additional restricted rights in lieu of cash fees. The new securities, valued at approximately $0.28 per share, were granted ...
Beetaloo Energy Director Increases Indirect Shareholding via On-Market Purchase
Aug 17, 2026
Beetaloo Energy Australia Limited has disclosed a change in director Alexander Underwood’s indirect interests in the company, as required under ASX listing rules. The disclosure highlights the director’s existing holdings across ordina...
Beetaloo Energy Issues New Restricted Rights Under Employee Incentive Scheme
Aug 17, 2026
Beetaloo Energy Australia Limited has issued 510,433 unquoted restricted rights under its employee incentive scheme, with an issue date of 12 August 2026. The move expands the company’s pool of employee-linked securities, aligning staff inte...
Beetaloo Energy Seeks ASX Quotation for Additional Shares
Jul 31, 2026
Beetaloo Energy Australia Limited is an ASX-listed energy company trading under the code BTL, offering ordinary fully paid shares to investors seeking exposure to its operations in the energy market.The company has lodged an application with the A...
Beetaloo Energy Taps Halliburton for Beetaloo Digital Gas and Data Centre Push
Jul 30, 2026
Beetaloo Energy has signed a non-binding memorandum of understanding with Halliburton to advance its Beetaloo Digital data centre and power generation project in Australia’s Northern Territory. Halliburton will contribute technical expertise...
Beetaloo Energy bolsters cash reserves on grants and major equity raising
Jul 27, 2026
Beetaloo Energy Australia Limited, a mining and oil and gas exploration company, primarily engages in exploration and evaluation across its Australian assets. Its business model is currently centred on building a portfolio of resource projects, su...
Beetaloo Energy Advances Beetaloo Basin Gas Plant and Strengthens Liquidity
Jul 27, 2026
Beetaloo Energy has shifted decisively into execution mode in the June quarter, reporting strong progress on construction of the Carpentaria Gas Plant, which remains on schedule and budget for fourth-quarter 2026 commissioning. The plant’s s...
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.