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Global Oil & Gas (AU:CND)
ASX:CND
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Global Oil & Gas (CND) AI Stock Analysis

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AU:CND

Global Oil & Gas

(Sydney:CND)

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Neutral 49 (OpenAI - Gpt-5.6Sol)
Rating:49Neutral
Price Target:
AU$0.02
▲(5.00% Upside)
Action:Reiterated
Date:09/24/26
The score is held back primarily by weak financial performance (no revenue, ongoing losses and negative operating/free cash flow), partially offset by low balance-sheet leverage and improving loss trends. Technical indicators are mildly positive, but valuation support is limited given negative earnings and no dividend yield data.
Positive Factors
Low leverage and stronger equity base
A debt-free balance sheet reduces financing pressure and limits interest-related strain while the higher equity base supports solvency and capacity to fund development. This provides financial flexibility as the company works toward establishing commercial operations and recurring cash generation.
Negative Factors
No established revenue base
The absence of reported revenue means the company has not yet demonstrated customer demand, commercial scale, or an operating model capable of producing recurring inflows. Until revenue begins, financial performance remains dependent on development progress rather than proven business activity.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and stronger equity base
A debt-free balance sheet reduces financing pressure and limits interest-related strain while the higher equity base supports solvency and capacity to fund development. This provides financial flexibility as the company works toward establishing commercial operations and recurring cash generation.
Read all positive factors

Global Oil & Gas (CND) vs. iShares MSCI Australia ETF (EWA)

Global Oil & Gas Business Overview & Revenue Model

Company Description
Condor Energy Limited and its various subsidiaries are involved in the exploration for oil and gas, primarily conducting their operations within Australia. A significant aspect of its current activities includes a technical evaluation agreement lo...

Global Oil & Gas Financial Statement Overview

Summary
Development-stage profile with no revenue and continued losses/cash burn. Positives include materially narrowing net loss versus 2022 and a low-debt balance sheet with rising equity, but negative operating/free cash flow and lack of proven operating profitability keep the financial score low.
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
30
Negative
BreakdownJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit0.000.00-13.51K-34.24K-35.80K
EBITDA-1.63M-2.27M-3.18M-4.01M-19.76M
Net Income-1.54M-2.27M-3.19M-4.04M-19.80M
Balance Sheet
Total Assets9.52M6.31M4.54M4.61M8.58M
Cash, Cash Equivalents and Short-Term Investments3.39M2.75M2.04M3.45M1.61M
Total Debt0.000.000.0077.97K91.97K
Total Liabilities243.63K285.67K377.97K248.24K584.66K
Stockholders Equity9.27M6.03M6.36M4.36M6.18M
Cash Flow
Free Cash Flow-1.01M-1.07M-708.64K-844.35K-1.02M
Operating Cash Flow-1.01M-1.07M-708.64K-842.00K-1.02M
Investing Cash Flow-454.23K-1.03M-1.93M-745.39K-13.98M
Financing Cash Flow2.11M2.81M1.23M3.43M15.01M

Global Oil & Gas Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.02
Price Trends
50DMA
0.02
Positive
100DMA
0.02
Positive
200DMA
0.02
Positive
Market Momentum
MACD
<0.01
Negative
RSI
57.51
Neutral
STOCH
57.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CND, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.51 is Neutral, neither overbought nor oversold. The STOCH value of 57.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CND.

Global Oil & Gas Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
58
Neutral
AU$23.86M-42.16-3.17%―-13.00%33.33%
53
Neutral
AU$32.93M-160.53-7.50%12.90%―24.00%
49
Neutral
AU$17.28M-17.50-20.84%――43.24%
46
Neutral
AU$20.38M-3.11-23.11%――71.52%
46
Neutral
AU$12.05M-9.51-1.65%――37.50%
42
Neutral
AU$21.14M-1.03-192.54%―-15.18%-20.25%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CND
Global Oil & Gas
0.02
>-0.01
-4.55%
AU:ADX
ADX Energy
0.02
-0.01
-42.42%
AU:BRU
Buru Energy
0.01
>-0.01
-22.22%
AU:FZR
Fitzroy River Corp. Ltd.
0.31
0.14
84.85%
AU:BLU
Blue Energy Limited
―
―
―
AU:BAS
Bass Oil Ltd
0.07
0.04
120.00%

Global Oil & Gas Corporate Events

Condor Energy Files Updated ASX Corporate Governance Disclosures
Sep 17, 2026
Condor Energy Limited, an ASX-listed energy company in the oil and gas sector, has formalised a corporate governance framework that defines board and management responsibilities and reinforces the company secretary&#8217;s accountability to the bo...
Condor Energy Details ASX-Aligned Governance and Diversity Policies
Sep 17, 2026
Condor Energy Limited, an Australian energy and resources company, outlines a governance framework built around an ASX-compliant board charter that separates board oversight from management responsibilities. The board is charged with long-term gro...
Condor Energy Releases 2026 Annual Report Detailing Financial and Governance Performance
Sep 17, 2026
Condor Energy Limited, trading on the ASX as CND, is an energy company engaged in oil and gas activities within the global resources sector. It offers exploration, production, and related services aimed at meeting demand in international oil and g...
Condor Energy rectifies late disclosure of directors’ option expiries
Jul 24, 2026
Condor Energy Limited has disclosed a late lodgement of Appendix 3Y notices relating to the deemed disposal of listed options that expired on 31 December 2025 for directors Scott Macmillan and Matt Ireland. The company said the omission resulted f...
Condor Energy advances Peru offshore portfolio with TEA 86 completion and licence push
Jul 21, 2026
Condor Energy has completed its Technical Evaluation Agreement work programme for TEA 86 in Peru ahead of schedule, delivering an integrated technical dataset that confirms an active petroleum system and identifies more than 20 exploration leads a...
Condor Energy Adds Former Karoon CEO to Board to Bolster Peru Growth
Jun 30, 2026
Condor Energy has appointed former Karoon Energy chief executive Dr Julian Fowles as a non-executive director, effective 1 July 2026, adding more than 35 years of global oil and gas experience to its board. Fowles has held senior roles across Shel...
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