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Elixir Energy Limited (EXR) AI Stock Analysis

AU:EXR

Elixir Energy Limited

(ASX:EXR)

Select Model
Rating:44Neutral
Price Target:AUD 0.07â–²(13.56% Upside)
Action:reiterated
Date:10/08/26

The overall score is held down primarily by structurally weak financial performance, with ongoing losses and consistently negative cash flows despite a conservative balance sheet. Technicals add a modest support factor, indicating a downtrend with tentative signs of stabilisation rather than capitulation, while valuation remains constrained by the absence of positive earnings or dividends, reinforcing the early-stage, higher-risk profile.

Positive Factors
Moderate LeverageModerate leverage and a sizable equity base give Elixir some financial capacity to continue development activity without the balance-sheet pressure associated with heavy borrowing. This support is durable, although execution and future funding remain important.
Negative Factors
Limited Recurring RevenueRevenue that is largely absent across several years leaves Elixir without a dependable operating income base. This makes financial outcomes more dependent on exploration progress and eventual commercialisation, increasing the time and funding required to build a sustainable business.

Elixir Energy Limited (EXR) vs. iShares MSCI Australia ETF (EWA)

-50%0%50%100%150%200%250%300%350%AU:EXR+43.90%EWA+14.93%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 79.90M
Dividend Yield
―
Average Volume (3M)
7.28M
Price to Earnings (P/E)
-26.4
Beta (1Y)
0.99
Revenue Growth
―
EPS Growth
93.01%
Country
Australia
Employees
3
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

Elixir Energy Limited Business Overview & Revenue Model

Company Description

Elixir Energy Limited is an explorer and developer of natural gas and hydrogen resources, with operations spanning Australia, Mongolia, and the United States. A cornerstone asset is its wholly-owned Nomgon project, an expansive coal-bed methane produ...

Elixir Energy Limited Financial Statement Overview

Summary

Financial performance is weak overall: the company remains loss-making with no recurring revenue, and cash flows are persistently negative, partly offset by a relatively solid, low-leverage balance sheet and some narrowing of losses and equity improvement in 2026.

Income Statement

28Negative

Balance Sheet

67Positive

Cash Flow

35Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue0001.67M00
Gross Profit-4,000-4,000-23.33K1.00M-24.87K-8,390
EBITDA-3.87M-3.87M-2.67M-1.37M-3.26M-2.44M
Net Income-3.66M-3.66M-41.21M-1.59M-2.94M-1.98M
Balance Sheet
Total Assets59.38M59.38M28.80M62.34M43.33M44.13M
Cash, Cash Equivalents and Short-Term Investments8.37M8.37M6.58M7.67M9.56M22.68M
Total Debt7.28M7.28M06.35M46.96K66.51K
Total Liabilities15.42M15.42M639.52K8.80M497.07K2.03M
Stockholders Equity43.96M43.96M28.16M53.54M42.84M42.09M
Cash Flow
Free Cash Flow-2.84M-2.84M-6.97M-23.19M-13.19M-9.73M
Operating Cash Flow-2.83M-2.83M-2.44M-1.36M-1.73M-1.60M
Investing Cash Flow-18.62M-18.62M-4.38M-21.15M-11.46M-8.12M
Financing Cash Flow23.25M23.25M5.73M20.64M-11.01K9.72M

Elixir Energy Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.06

Price Trends

50DMA0.07Negative
100DMA0.08Negative
200DMA0.09Negative

Market Momentum

MACD-0.00Positive
RSI45.26Neutral
STOCH23.74Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EXR, 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 0.07, and below the 200-day MA of 0.09, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 45.26 is Neutral, neither overbought nor oversold. The STOCH value of 23.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:EXR.

Elixir Energy Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

AU:EXR against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
AU:ECHAU:ECH67NeutralAUD 72.78M5.4513.95%3.02%-45.07%297.79%
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
AU:CUEAU:CUE65NeutralAUD 70.32M15.977.48%5.05%-8.38%-31.11%
AU:CTPAU:CTP45NeutralAUD 39.14M-7.27-13.43%―2.57%-163.46%
AU:EXRAU:EXR44NeutralAUD 113.85M-26.36-8.65%――93.01%
AU:KKOAU:KKO42NeutralAUD 51.18M-10.00-6.22%――23.08%
AU:COIAU:COI39UnderperformAUD 117.53M-17.03-4.77%――-76.19%

* Energy Sector Average

Performance Comparison

0%100%200%AU:EXRAU:COIAU:CUEAU:ECHAU:CTPAU:KKODec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
AU:EXR and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:EXRElixir Energy Limited0.060.0237.21%
AU:COIComet Ridge Ltd0.07-0.06-47.24%
AU:CUECue Energy Resources Limited0.10-0.01-10.00%
AU:ECHNew Zealand Oil & Gas Limited0.32-0.03-7.51%
AU:CTPCentral Petroleum Limited0.05-0.01-20.63%
AU:KKOKinetiko Energy Ltd.0.03-0.04-57.75%

Elixir Energy Limited Corporate Events

Elixir Strikes $205m Farm-Out Deal With Beach to Advance Taroom Gas Portfolio

Oct 22, 2026

Elixir Energy Limited has agreed a $205 million strategic farm-out with Beach Energy, under which Beach will acquire half of Elixir’s working interests and operatorship where applicable in the Taroom Trough permits, excluding the Diona-JV sub b...

Elixir Energy Updates Market on Expiry of Director Options

Oct 21, 2026

Elixir Energy Limited has reported a change in director Anna Sloboda’s interests, detailing an adjustment to her indirect and direct holdings in the company. The notice shows that her prior mix of shares and options has shifted following the ex...

Elixir Energy Director’s Options Expire, Leaving Only Share Holdings

Oct 21, 2026

Elixir Energy Limited has disclosed a change in director Stephen Kelemen’s relevant interests, reflecting the expiry of a total of 3,214,286 listed and unlisted options previously held indirectly through joint holdings and a superannuation fund...

Elixir Energy Director’s Options Expire With Shareholding Unchanged

Oct 21, 2026

Elixir Energy Limited has reported a change in the interests of director Richard Cottee, following the expiry of 3,000,000 unlisted options priced at $0.15 and due to expire on 17 October 2026. After the expiry, Cottee’s indirect holdings remai...

Elixir Energy Options Expire, Simplifying Capital Structure

Oct 20, 2026

Elixir Energy Ltd has notified the ASX of the cessation of 216,895,954 EXROB options, which expired without being exercised or converted into shares. The expiry reduces the company’s outstanding options, simplifying its capital structure and po...

Elixir Energy Issues New Performance Rights Under Incentive Scheme

Oct 20, 2026

Elixir Energy Limited has issued 4,295,652 unquoted performance rights under its employee incentive scheme, with the new securities recorded as being issued on October 19, 2026. These performance rights are not intended to be quoted on the ASX, refle...

Elixir Energy Options Expire Unexercised, Simplifying Capital Structure

Oct 20, 2026

Elixir Energy Limited has reported the cessation of 9,000,000 EXRAU options, which expired unexercised on October 17, 2026. The announcement updates the market on changes to the company’s issued capital, indicating a reduction in potential futu...

Elixir Energy Seeks ASX Quotation for Additional Ordinary Shares

Oct 20, 2026

Elixir Energy Limited has applied to the ASX for quotation of 85,716 ordinary fully paid shares, following the issue of these securities on 19 October 2026. The additional quoted shares, arising from the exercise or conversion of existing securities,...

Elixir Energy Says No Undisclosed News Behind Share Price Drop

Oct 7, 2026

Elixir Energy has responded to an ASX query regarding a sharp intraday share price fall and heightened trading volume on 7 October 2026, stating it is not aware of any undisclosed, price-sensitive information that could explain the market move. The c...

Elixir Energy Sets November Date for In-Person AGM in Brisbane

Oct 2, 2026

Elixir Energy Limited has announced that its Annual General Meeting of shareholders will be held in person at BDO Australia’s offices in Brisbane on 5 November 2026 at 10:00 a.m. Brisbane time. The company is making the Notice of Meeting and re...

Elixir Energy Opens Taroom Trough Farm-In Talks Beyond Beach as Exclusivity Ends

Oct 1, 2026

Elixir Energy has confirmed that its exclusivity agreement with Beach Energy over a potential strategic farm-in to its Taroom Trough gas portfolio expired on 1 October 2026 without a binding deal being finalised. The lapse in exclusivity allows Elixi...

Elixir Energy advances Lorelle-3H testing to support maiden gas reserves

Sep 30, 2026

Elixir Energy has begun the second phase of flow testing at its Lorelle-3H horizontal appraisal well in ATP2056, following a 60-day reservoir soak that succeeded an encouraging 30-day clean-up flow period completed in July 2026. The program aims to e...

Elixir Energy confirms exclusive farm-in talks with Beach over Taroom Trough gas assets

Sep 10, 2026

Elixir Energy Limited has confirmed that it entered into a Process Deed with Beach Energy Limited on 21 August 2026, granting Beach a period of hard exclusivity, due diligence and negotiations over a potential strategic farm-in to Elixir’s Taro...

Elixir Energy Sets AGM Date and Board Nomination Deadline for 2026

Sep 9, 2026

Elixir Energy has scheduled its 2026 Annual General Meeting for 5 November 2026, with detailed participation information to be provided in a Notice of Meeting in October. The timing underscores the company’s adherence to ASX listing rules and i...

Elixir advances Warkon gas pilot with APA pipeline study and plant design

Sep 1, 2026

Elixir Energy has advanced feasibility and concept select work for its Warkon Pilot, a gas and condensate production project in the northern Taroom Trough, aimed at defining a pathway from appraisal to commercial production. The company is working wi...

Elixir Energy Updates ASX Corporate Governance Disclosures

Aug 28, 2026

Elixir Energy Limited has lodged its updated corporate governance statement for the financial year ended 30 June 2026, confirming that the document is current as at 28 August 2026 and approved by the board. The statement, hosted on the company’...

Elixir Energy Details Governance Framework in 2026 Corporate Statement

Aug 28, 2026

Elixir Energy Limited is an ASX-listed energy explorer specialising in the appraisal of natural gas in Queensland’s Taroom Trough, with a stated commitment to integrity, safety, regional economic benefits and transparent engagement with shareho...

Elixir Energy Releases 2026 Annual Report Table of Contents

Aug 28, 2026

Elixir Energy Limited has released its annual report for the year ended 30 June 2026, outlining the usual suite of governance, financial and audit materials, including the chairman’s letter, managing director’s report, directors’ re...

Elixir Energy Deepens Taroom Trough Seismic and Data Alliance with QGC

Aug 23, 2026

Elixir Energy has signed a second data sharing and ingress agreement with QGC, alongside Santos, to access 3D seismic coverage over the southern border of ATP2056 and an area around the Lorelle-3/3H well, including a matching polygon within QGC&#8217...

Elixir Energy Raises $5 Million via Share Placement Under Disclosure Exemption

Aug 20, 2026

Elixir Energy Limited has confirmed the placement of 125 million fully paid ordinary shares at $0.04 per share, raising $5 million before costs to support its ongoing activities. The company has issued these shares without a prospectus, relying on pr...

Elixir Energy to List 3.1 Million New Shares on ASX

Aug 20, 2026

Elixir Energy Limited has applied for quotation of 3,126,195 new ordinary fully paid shares on the ASX, dated 20 August 2026. The securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expandin...

Elixir Energy Appoints New Director With No Current Shareholdings

Aug 19, 2026

Elixir Energy Limited has appointed Ayten Saridas as a director effective 19 August 2026, formalising the change in its board composition under ASX listing rule disclosure requirements. The initial director’s interest notice confirms that Sarid...

Elixir Energy Discloses Final Director Interest as Peter Stickland Departs Board

Aug 19, 2026

Elixir Energy Limited has announced that director Peter Stickland ceased to be a board member on 18 August 2026, with the company lodging a final director’s interest notice with the ASX. The filing confirms that Stickland holds no securities as...

Elixir Energy refreshes board with new Omega nominee director

Aug 19, 2026

Elixir Energy Limited has announced a board change involving Omega Oil and Gas Limited’s nominee director, reflecting ongoing governance alignment with a key shareholder. The company reported the immediate resignation of Mr. Peter Stickland fro...

Elixir Energy Issues Over 3.1 Million Unquoted Performance Rights Under Incentive Plan

Aug 14, 2026

Elixir Energy Limited has notified the market of the issuance of 3,126,195 unquoted performance rights under its employee incentive scheme. These securities, identified by the ASX code EXRAV, were issued on August 14, 2026, and are not intended to be...

Elixir Energy Seeks Trading Halt Ahead of Potential Equity Raising

Aug 10, 2026

Elixir Energy Limited has requested a trading halt in its securities on the ASX from the start of trading on 10 August 2026, pending an announcement on a potential equity raising. The halt will remain in place until either the equity-raising announce...

Elixir Energy to Present Lorelle-3H Initial Results in Investor Webinar

Aug 3, 2026

Elixir Energy has scheduled a 30-minute webinar for 4 August 2026, during which Managing Director and CEO Stuart Nicholls will present the initial flow test results from the Lorelle-3H well. The session is aimed at providing shareholders and investor...

Elixir Energy’s Lorelle-3H Flow Test Confirms Taroom Trough Gas Potential

Aug 2, 2026

Elixir Energy has reported strong initial flow test results from its Lorelle-3H horizontal appraisal well in Queensland’s Taroom Trough, with peak gas rates of 10.4 mmscfd and associated condensate production from about 1,000 metres of reservoi...

Elixir Energy lifts Taroom Trough gas resources and advances Lorelle-3H testing

Jul 30, 2026

Elixir Energy has completed stimulation and clean-up operations at its Lorelle-3H appraisal well in ATP2056, recording peak flow rates of 3 mmscfd and confirming low-impurity gas and condensate with strong reservoir connectivity. The company also adv...

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 08, 2026