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Bounty Oil & Gas NL (BUY) AI Stock Analysis

AU:BUY

Bounty Oil & Gas NL

(ASX:BUY)

Select Model
Rating:41Neutral
Price Target:AUD 0.01â–²(0.00% Upside)
Action:reiterated
Date:10/02/26

The score is driven primarily by weak financial performance—ongoing losses and worsening negative operating/free cash flow—partially offset by the absence of debt. Technical conditions add further pressure, with the price below key moving averages and bearish momentum indicators. Valuation is difficult to support due to negative earnings and no dividend yield provided.

Positive Factors
Debt-free balance sheetThe absence of debt reduces refinancing and interest-rate exposure, giving Bounty greater flexibility than a similarly loss-making company with leverage. This can preserve strategic options for exploration, project advancement, or asset monetisation while avoiding debt-servicing pressure.
Negative Factors
Declining and uneven revenueFalling and inconsistent revenue makes the operating base less predictable and weakens the company’s ability to absorb fixed project and corporate costs. Continued top-line volatility may constrain investment capacity and make sustained improvement in earnings more difficult over the next several quarters.

Bounty Oil & Gas NL (BUY) vs. iShares MSCI Australia ETF (EWA)

-80%-60%-40%-20%0%20%AU:BUY-69.70%EWA+13.51%Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 13.59M
Dividend Yield
―
Average Volume (3M)
3.92M
Price to Earnings (P/E)
-0.5
Beta (1Y)
0.08
Revenue Growth
-20.73%
EPS Growth
51.43%
Country
Australia
Employees
2
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

Bounty Oil & Gas NL Business Overview & Revenue Model

Company Description

Bounty Oil & Gas NL is an Australian enterprise dedicated to the entire scope of oil and natural gas projects, including discovery, extraction, processing, and sales, all within Australia. Its business operations are channeled through two distinct ar...

How the Company Makes Money

Bounty Oil & Gas NL primarily makes money through upstream petroleum activities tied to its project interests. Key revenue and value-realisation pathways generally include: (1) Hydrocarbon sales from producing assets: if BUY holds interests in produc...

Bounty Oil & Gas NL Financial Statement Overview

Summary

Overall financial quality is weak: revenue declined year over year and profitability deteriorated sharply with a larger net loss and negative gross profit in 2026. Cash flow is a major concern with consistently negative operating and free cash flow, worsening in 2026. The key offset is balance-sheet flexibility from zero debt, but persistent losses and cash burn dominate the assessment.

Income Statement

18Very Negative

Balance Sheet

56Neutral

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue861.10K861.10K1.08M1.61M1.77M1.90M
Gross Profit-1.69M-1.02M303.25K679.09K-191.31K-366.85K
EBITDA-2.21M-2.21M-947.50K-291.21K-2.56M-2.09M
Net Income-2.67M-2.67M-1.62M-926.06K-2.91M-2.48M
Balance Sheet
Total Assets11.10M11.10M8.51M9.68M8.55M11.84M
Cash, Cash Equivalents and Short-Term Investments2.91M2.91M829.65K1.58M1.31M3.24M
Total Debt000000
Total Liabilities4.75M4.75M4.08M3.86M2.92M3.30M
Stockholders Equity6.35M6.35M4.42M5.82M5.63M8.54M
Cash Flow
Free Cash Flow-2.09M-2.09M-987.26K-629.27K-1.95M-980.25K
Operating Cash Flow-1.88M-1.88M-636.23K-327.97K-1.14M-189.18K
Investing Cash Flow-267.36K-267.36K-341.03K-485.88K-814.62K-535.96K
Financing Cash Flow4.24M4.24M01.12M02.57M

Bounty Oil & Gas NL Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

AU:BUY against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
AU:PRMAU:PRM50NeutralAUD 2.71M0.15269.40%―――
AU:MELAU:MEL41NeutralAUD 477.65K-0.2936.32%―-37.26%60.11%
AU:BUYAU:BUY41NeutralAUD 9.51M-0.46-52.73%―-20.73%51.43%
AU:SANAU:SAN38UnderperformAUD 2.05M0.58-31.79%―-36.87%―
AU:WELAU:WEL37UnderperformAUD 1.71M-0.88-27.74%―-20.37%36.84%
AU:KEYAU:KEY30UnderperformAUD 3.47M-7.45-30.11%――44.72%

* Energy Sector Average

Performance Comparison

0%100%200%300%AU:BUYAU:MELAU:SANAU:KEYJun '26Jul '26Aug '26Sep '26Oct '26
AU:BUY and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:BUYBounty Oil & Gas Nl0.01-0.02-69.70%
AU:MELMetgasco Ltd0.01-0.02-62.86%
AU:PRMProminence Energy Limited―――
AU:WELWinchester Energy Ltd―――
AU:SANSagalio Energy Limited0.01-0.01-50.00%
AU:KEYKey Petroleum Limited0.080.0230.16%

Bounty Oil & Gas NL Corporate Events

Bounty Oil & Gas NL Publishes 2026 Full-Year Financial Report

Sep 30, 2026

Bounty Oil & Gas NL has released its full-year report for the year ended 30 June 2026, outlining consolidated financial statements, directors’ reports, auditor declarations, and schedules of petroleum tenements. The report underscores the c...

Bounty Oil & Gas Caps Liberia-Linked Placement After Amending Lead Manager Mandate

Sep 27, 2026

Bounty Oil & Gas NL has clarified that it has amended its agreement with Oakley Capital Partners, removing Oakley’s discretion to raise an additional $3 million under the previously announced placement. As a result, the equity placement ass...

Bounty Oil & Gas Wins Full Shareholder Backing for Capital and Incentive Resolutions

Sep 25, 2026

Shareholders of Bounty Oil & Gas NL have unanimously approved all resolutions put to its 25 September 2026 general meeting, clearing the way for the company to issue additional placement shares and options, including securities to the lead manage...

Bounty Oil & Gas Expands Share Capital Through Performance Rights Exercise

Sep 22, 2026

Bounty Oil & Gas NL has issued 200,000,000 ordinary fully paid shares following the exercise of vested performance rights granted under its 2026 Employee Securities Incentive Plan. The new shares rank equally with existing ordinary shares, indica...

Bounty Oil & Gas Seeks ASX Quotation for 200 Million New Shares

Sep 22, 2026

Bounty Oil & Gas NL has applied to the ASX for quotation of 200,000,000 ordinary fully paid shares, with an issue date of 21 September 2026. The application indicates a substantial addition to the company’s quoted securities, which may affe...

Bounty Oil & Gas Plans Major Share Placement on ASX

Sep 21, 2026

Bounty Oil & Gas NL has notified the ASX of a proposed placement of ordinary fully paid shares under its issuer code BUY. The company plans to issue up to 320,029,166 new securities, with the proposed issue date set for 25 September 2026.The plac...

Bounty Oil & Gas Plans Major ASX Securities Issue to Fund Growth

Sep 21, 2026

Bounty Oil & Gas NL has announced a proposed issue of securities on the ASX, comprising over 1.05 billion ordinary fully paid shares, more than 107 million options, and up to one billion performance shares across two milestone tranches. The place...

Bounty Oil & Gas Moves Into Liberian Deepwater With Backed Capital Raise

Sep 21, 2026

Bounty Oil & Gas NL has agreed to acquire PetroQuest Liberia Deep Water LLC, securing exclusive rights to negotiate a production sharing contract over Block LB-32 in the Harper Basin offshore Liberia. The deepwater block, the last unlicensed area...

Bounty Oil & Gas Seeks Trading Halt Ahead of Major Deal and Capital Raise

Sep 17, 2026

Bounty Oil & Gas NL, an ASX-listed upstream energy company, explores for and produces oil and gas, with a focus on expanding its portfolio through strategic acquisitions and capital management. Headquartered in Sydney, it aims to grow its reserve...

Bounty Oil & Gas shifts to digital notices ahead September shareholder meeting

Aug 26, 2026

Bounty Oil & Gas NL has called a General Meeting of shareholders for 25 September 2026 in Sydney, with the notice of meeting to be provided exclusively via digital channels in line with recent changes to the Corporations Act. Shareholders are enc...

Bounty Oil & Gas Director Receives 46.5 Million Vested Performance Rights

Aug 20, 2026

Bounty Oil & Gas NL has reported a change in director John Lloyd Kane Marshall’s relevant interests, with an indirect holding now established through Maneroo Exploration Pty Ltd. This update was lodged under ASX listing rule obligations and...

Bounty Oil & Gas Issues 200 Million Unquoted Employee Performance Rights

Aug 18, 2026

Bounty Oil & Gas NL has notified the ASX that it will issue 200,000,000 unquoted Employee Performance Rights, effective 18 August 2026. The securities are part of a previously announced transaction and are not intended to be quoted on the exchang...

Bounty Oil & Gas Issues 100 Million Unquoted Director Performance Rights

Aug 17, 2026

Bounty Oil & Gas NL has notified the market of the issue of 100,000,000 unquoted Director Performance Rights, with an issue date of 17 August 2026. The large performance rights grant, which will not be quoted on the ASX, highlights the company&#8...

Bounty Oil & Gas Plans Large Performance Rights Issue Under 2026 Incentive Scheme

Aug 14, 2026

Bounty Oil & Gas NL has notified the ASX of a proposed issue of up to 200,000,000 performance rights under its 2026 Employee Securities Incentive Plan, with an expected issue date of 17 August 2026. The planned grant of performance rights represe...

Bounty Oil & Gas recapitalises as Naccowlah revenue slips 20%

Jul 31, 2026

Bounty Oil & Gas NL reported unaudited petroleum revenue of $865,000 for the year to 30 June 2026, down 20% on the prior year amid lower-than-expected production from the Naccowlah Block. The company ended the year with an estimated 413,000 bboe...

BPH Energy Updates Market as PEP11 Operator Lodges Federal Court Appeal

Jul 13, 2026

Asset Energy, the operator of the PEP11 joint venture and a wholly owned subsidiary of Advent Energy, has lodged a notice of appeal with the Full Court of the Federal Court of Australia against a June 2026 judgment concerning Petroleum Exploration Pe...

BPH-backed Advent Energy to appeal Federal Court ruling on PEP11 gas permit

Jul 2, 2026

BPH Energy has disclosed that Advent Energy, in which it holds a 35.81% interest, will appeal a recent Federal Court judgment relating to Petroleum Exploration Permit PEP11. The appeal will be lodged by Advent’s wholly owned subsidiary Asset En...

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: Oct 02, 2026