Central Petroleum Limited (CTP) AI Stock Analysis

• Market Cap: AU$47.42M
• Dividend Yield: N/A
• Average Volume (3M): 391.90K
• Price to Earnings (P/E): 6.1
• Beta (1Y): 0.46
• Revenue Growth: 17.42%
• EPS Growth: -38.46%
• Country: AU
• Employees: 81
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): <0.01
• Shares Outstanding: 752,764,000
• 10 Day Avg. Volume: 295,631
• 30 Day Avg. Volume: 391,903
• PEG Ratio: -0.14
• Price to Book (P/B): 1.03
• Price to Sales (P/S): 0.97
• P/FCF Ratio: 7.28
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: AU$0.00 ▼(-100.00% Downside)

Central Petroleum Limited's strong earnings call and undervalued valuation are the most significant factors driving the score. While financial performance shows improvement, challenges in profitability and cash flow need addressing. Technical analysis supports a positive trend.

Central Petroleum Limited Business Overview & Revenue Model

Company Description

Central Petroleum Limited engages in the development, production, processing, and marketing of hydrocarbons in Australia. It holds interests in various oil and gas properties comprising 181,743 square kilometers of exploration area located in the Amadeus, Southern Georgina, Wiso, and Surat Basins. The company was incorporated in 1998 and is headquartered in Brisbane, Australia.

How the Company Makes Money

Central Petroleum Limited generates revenue primarily through the exploration, production, and sale of oil and natural gas. The company's revenue model involves several key streams: the sale of hydrocarbons to domestic and international markets, long-term contracts with energy suppliers, and partnerships with other energy companies for joint ventures and exploration activities. Additionally, CTP benefits from its participation in various government initiatives promoting energy security and resource development, which can provide financial support and incentives. The company's strategic asset management and development of new projects also contribute to revenue growth, positioning it to capitalize on rising energy demand.

Central Petroleum Limited Financial Statement Overview

Summary

Central Petroleum Limited shows revenue growth and improved leverage management, but declining net profit margins and free cash flow growth pose challenges. The company needs to enhance profitability and cash flow generation.

Income Statement

Central Petroleum Limited has shown a significant improvement in revenue growth with a 20.9% increase in the latest year, reversing the previous declining trend. The gross profit margin has improved to 33.3%, indicating better cost management. However, the net profit margin decreased to 17.7% from 33.4% the previous year, suggesting increased expenses or other financial pressures. Overall, the company is on a positive trajectory, but profitability remains a concern.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.64, indicating better leverage management compared to previous years. However, the return on equity has decreased significantly to 18.9% from 38.2%, reflecting reduced profitability. The equity ratio is stable, suggesting a balanced asset structure. While leverage is under control, the decline in ROE is a potential risk.

Cash Flow

Operating cash flow has improved, covering net income adequately with a ratio of 1.02. However, free cash flow has decreased by 30.7%, indicating potential liquidity issues. The free cash flow to net income ratio is at 0.40, reflecting challenges in converting earnings into free cash flow. While operational cash flow is stable, the decline in free cash flow growth is concerning.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	43.63M	43.63M	37.15M	39.26M	42.15M	59.83M
Gross Profit	14.54M	14.54M	4.43M	19.14M	14.80M	30.98M
EBITDA	15.65M	15.65M	24.06M	3.70M	32.39M	18.43M
Net Income	7.73M	7.73M	12.42M	-7.96M	21.32M	251.00K
Balance Sheet
Total Assets	114.01M	114.01M	103.64M	98.13M	122.29M	174.17M
Cash, Cash Equivalents and Short-Term Investments	27.47M	27.47M	24.98M	13.83M	21.65M	37.16M
Total Debt	26.05M	26.05M	24.21M	28.15M	31.81M	68.32M
Total Liabilities	73.11M	73.11M	71.08M	78.74M	95.76M	170.48M
Stockholders Equity	40.91M	40.91M	32.55M	19.39M	26.53M	3.69M
Cash Flow
Free Cash Flow	5.78M	5.78M	3.92M	-4.91M	-7.15M	17.65M
Operating Cash Flow	14.30M	14.30M	6.86M	-2.06M	3.64M	24.14M
Investing Cash Flow	-10.11M	-10.11M	9.45M	-1.50M	17.41M	-8.04M
Financing Cash Flow	-1.70M	-1.70M	-5.15M	-4.27M	-36.56M	-4.85M

Central Petroleum Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CTP, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.84 is Neutral, neither overbought nor oversold. The STOCH value of -28.57 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CTP.

Central Petroleum Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTP	71 Outperform	AU$47.42M	6.06	21.06%	―	17.42%	-38.46%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BRK	62 Neutral	AU$38.02M	8.11	4.81%	―	53.56%	-67.96%
EXR	44 Neutral	AU$57.79M	―	-96.62%	―	-100.00%	-2093.33%
TDO	41 Neutral	AU$48.17M	-25.56	-14.52%	―	―	40.00%
NGY	27 Underperform	AU$44.52M	―	-3.35%	―	―	-20.00%

Central Petroleum Limited Corporate Events

Central Petroleum Reports Lower Sales Volumes and Revenue for September Quarter

Central Petroleum Limited reported a 4.5% decline in sales volumes for the September 2025 quarter compared to the previous quarter, attributed to lower seasonal demand and pipeline constraints. Despite a 28% increase in average sales prices from the previous year, sales revenue fell by 6.6% due to reduced volumes and slightly lower prices from the June quarter. The company announced a 9% upgrade in its 2P oil and gas reserves at Mereenie and a 6% upgrade in Dingo 1P gas reserves, effectively replacing a significant portion of its FY2025 production. Additionally, Central secured a new Gas Sale Agreement to supply 1.3 PJ of gas over two years, enhancing cash flow certainty.

Horizon Oil Secures Gas Supply Agreement with McArthur River Mining

Horizon Oil Limited announced that the Mereenie joint venture has signed a gas supply agreement with McArthur River Mining for 4.9 Petajoules of gas to be supplied in 2026 and 2027. This agreement ensures a stable revenue stream through firm supply and fixed pricing, while also allowing for the sale of additional volumes, reinforcing Horizon’s position as a reliable energy partner in the region.

Echelon Resources Secures Gas Supply Deal with McArthur River Mining

Echelon Resources Limited has announced a new gas supply agreement with McArthur River Mining Pty Ltd, involving the supply of 2.1 Petajoules of firm gas and additional ‘as available’ gas during 2026 and 2027. This agreement, which includes take-or-pay provisions and a price indexed to CPI, highlights Echelon’s strategic positioning in providing reliable gas from the Amadeus Basin to support critical mining operations in the Northern Territory.

Central Petroleum Limited Announces Cessation of Share Rights

Central Petroleum Limited announced the cessation of 52,205 share rights due to unmet conditions, impacting its issued capital structure. This development may influence the company’s market positioning and stakeholder interests by potentially affecting investor confidence and future capital strategies.

Central Petroleum Limited Issues New Securities on ASX

Central Petroleum Limited has announced the issuance of 14,333 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code CTP. This development is part of the company’s strategic efforts to enhance its financial position and potentially expand its operational capabilities, thereby reinforcing its presence in the energy market.

Central Petroleum Issues New Share Rights Under Employee Scheme

Central Petroleum Limited has announced the issuance of 8,459,484 unquoted share rights as part of an employee incentive scheme. This move is aimed at enhancing employee engagement and aligning their interests with the company’s growth objectives, potentially impacting the company’s operational dynamics and stakeholder relations positively.

Central Petroleum Limited Announces 2025 Annual General Meeting

Central Petroleum Limited has announced its Annual General Meeting (AGM) scheduled for November 20, 2025, at 10:00 AM AEST, which will be held both virtually and in person at Christie Conference Spaces in Brisbane. Stakeholders are encouraged to participate by lodging proxies by November 18, 2025, and can access the meeting online to watch the webcast, ask questions, and vote. This AGM is a significant event for the company as it provides an opportunity for stakeholders to engage with the company’s management and discuss future strategies, potentially impacting the company’s operations and market positioning.

Central Petroleum Limited Announces 2025 AGM Details

Central Petroleum Limited has announced its Annual General Meeting (AGM) scheduled for November 20, 2025, which will be held both in-person in Brisbane and online. The meeting will allow shareholders to participate in real-time voting and engage with the company’s directors, reflecting Central Petroleum’s commitment to transparency and shareholder engagement.

Central Petroleum’s Earnings Call Highlights Robust Growth

Central Petroleum Limited’s recent earnings call painted a picture of robust operational and financial achievements, marked by a significant profit turnaround and revenue growth. Despite facing challenges such as oil offtake constraints and uncertainties in the long-term gas market, the company’s strategic initiatives and solid financial health position it well for future growth.

Central Petroleum Limited Reports Key Achievements and Financial Improvements

Central Petroleum Limited has achieved several significant milestones, including the successful conclusion of an Expression of Interest process resulting in a major multi-year gas sales agreement. The company has also drilled and commissioned two new production wells at Mereenie, which were completed ahead of schedule, under budget, and exceeded initial production rate targets. Additionally, Central Petroleum has restructured its debt, extending it with full amortization by 2030, thereby eliminating refinancing risk. The company has shown improved financial performance and announced its maiden shareholder return through a share buy-back program.

Central Petroleum to Present FY2025 Annual Results

Central Petroleum Limited announced an online presentation of its FY2025 annual results, scheduled for 25 September 2025. The presentation, led by CEO Leon Devaney and CFO Damian Galvin, will include a Q&A session, providing insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.

Central Petroleum Releases 2025 Corporate Governance Statement

Central Petroleum Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement, approved by the board, outlines the company’s adherence to ASX Corporate Governance Council’s principles and recommendations, highlighting the company’s commitment to transparency and accountability in its operations. The release of this statement is crucial for stakeholders as it provides insights into the company’s governance practices and compliance with industry standards, potentially impacting investor confidence and market positioning.

Central Petroleum Limited Upholds High Corporate Governance Standards

Central Petroleum Limited has released its Corporate Governance Statement, emphasizing its commitment to high standards of corporate governance and compliance with the ASX Corporate Governance Principles. The company outlines its governance practices, including the roles and responsibilities of the Board of Directors, risk management, and diversity initiatives. The statement highlights the company’s focus on enhancing shareholder value and maintaining transparency with stakeholders, while also addressing gender diversity within its workforce.

Central Petroleum Limited Releases 2025 Annual Report

Central Petroleum Limited’s 2025 Annual Report outlines the company’s financial performance and operational activities over the past year. The report provides insights into the company’s strategic direction and its impact on stakeholders, highlighting the company’s efforts to strengthen its market position in the petroleum industry.

Central Petroleum Reports Strong Financial Growth and Strategic Advancements

Central Petroleum Limited has reported a significant improvement in its financial results for the year ending June 2025, with a 43% increase in underlying EBITDAX to $19.6 million and a net profit after tax of $7.7 million. The company’s robust financial performance is attributed to new long-term gas contracts, successful drilling operations, and a restructured loan facility, leading to enhanced cash flows and the first shareholder returns through a share buy-back program. These developments position Central Petroleum for potential growth through production expansion, exploration, and strategic financial management.

Central Petroleum Appoints Broker for On-Market Buy-Back

Central Petroleum Limited has announced an update regarding its on-market buy-back program, confirming the appointment of Morgans Financial Limited as the broker to manage the buy-back process. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and financial performance.

Central Petroleum Announces Director’s Change in Securities Holdings

Central Petroleum Limited announced a change in the director’s interest, specifically involving Leon Goss Devaney. The change includes the acquisition of 3,315,653 ordinary fully paid shares and the disposal of 3,315,656 share rights. This adjustment reflects the exercise of share rights under the company’s Employee Rights Plan and Executive Incentive Plans from 2022 to 2024, approved at respective annual general meetings. The changes in securities holdings are part of the company’s ongoing efforts to align management incentives with shareholder interests, potentially impacting the company’s governance and stakeholder confidence.

Central Petroleum Director Increases Shareholding

Central Petroleum Limited has announced a change in the director’s interest, specifically for Dr. Agu Jan Kantsler, who has increased his indirect shareholding in the company. This change was due to the exercise of 365,703 share rights under the company’s Employee Rights Plan and the 2025 Non-Executive Director Offer, which was approved by shareholders at the 2024 Annual General Meeting. This move reflects the company’s ongoing efforts to align its leadership’s interests with its strategic goals, potentially impacting its market positioning and stakeholder confidence.

Central Petroleum Limited Announces Cessation of Share Rights

Central Petroleum Limited announced the cessation of 6,494,758 share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may affect the company’s capital structure and could have implications for its financial strategies and stakeholder interests.

Central Petroleum Limited Issues New Securities to Boost Market Position

Central Petroleum Limited has announced the issuance of 7,491,308 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategic efforts to enhance its capital structure and potentially improve its market positioning, which could have significant implications for its stakeholders and future operations.

Central Petroleum Achieves Record Year with Strategic Contracts and Enhanced Production

Central Petroleum Limited reported a strong performance in the June quarter, marking a record year with increased revenue and cash flow. The company benefited from higher portfolio prices and margins due to new contracts initiated in January 2025, alongside enhanced production capacity from two new Mereenie wells. These developments have significantly boosted their financial outcomes, with a 28% increase in quarterly revenue compared to the previous quarter, and a notable recovery of regulatory costs, positioning the company favorably in the market.