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IPB Petroleum Ltd. (FEL) AI Stock Analysis

AU:FEL

IPB Petroleum Ltd.

(ASX:FEL)

Select Model
Rating:44Neutral
Price Target:AUD 0.01â–²(0.00% Upside)
Action:upgraded
Date:12/30/25

The score is primarily constrained by weak financial performance (minimal revenue, ongoing losses, and persistent cash burn). Valuation is also limited because earnings are negative and there is no dividend yield data. Technicals do not materially influence the result due to missing indicator data.

Positive Factors
Debt-Free Balance SheetA debt-free balance sheet reduces financial risk, providing flexibility and stability, which is crucial for long-term sustainability in volatile markets.
Negative Factors
Ongoing Operating LossesContinued operating losses indicate challenges in achieving profitability, which can strain resources and limit growth opportunities over time.

IPB Petroleum Ltd. (FEL) vs. iShares MSCI Australia ETF (EWA)

-10%-5%0%5%10%15%20%AU:FEL0.00%EWA+13.51%
Market Cap
AUD 5.20M
Dividend Yield
―
Average Volume (3M)
―
Price to Earnings (P/E)
-1.6
Beta (1Y)
-0.07
Revenue Growth
―
EPS Growth
-75.00%
Country
Australia
Employees
20
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

IPB Petroleum Ltd. Business Overview & Revenue Model

Company Description

Forte Energy Ltd, formerly known as IPB Petroleum Ltd, is an Australian oil and gas exploration company. The company is focused on the oil-prone southern margin of the Browse Basin Offshore North Western Australia and holds a 100% interest in the WA-...

How the Company Makes Money

IPB Petroleum Ltd. generates revenue through the exploration, development, and potential future production of oil and gas reserves. The company's primary revenue model is based on successfully discovering commercially viable hydrocarbon resources, wh...

IPB Petroleum Ltd. Financial Statement Overview

Summary

Very weak fundamentals driven by minimal revenue, ongoing operating losses, and consistently negative operating/free cash flow. A key offset is a conservatively financed balance sheet with no debt, though equity has been eroding due to continued losses.

Income Statement

18Very Negative

Balance Sheet

56Neutral

Cash Flow

27Negative
Financial statement breakdown
BreakdownTTMJun 2020Jun 2020Jun 2019Jun 2018
Income Statement
Total Revenue0106000
Gross Profit0106000
EBITDA05.99M-2.51M-1.67M-1.08M
Net Income-271.60K5.91M-2.51M-1.67M-1.08M
Balance Sheet
Total Assets3.63M8.13M15.53M2.01M1.65M
Cash, Cash Equivalents and Short-Term Investments1.44M5.19M5.91M760.80K894.44K
Total Debt00000
Total Liabilities57.33K357.33K2.58M682.35K292.73K
Stockholders Equity3.58M7.77M12.95M1.32M1.35M
Cash Flow
Free Cash Flow-278-50.00K-3.33M-153.84K0
Operating Cash Flow-2650000
Investing Cash Flow-12538.65K-3.35M-1.11M-1.16M
Financing Cash Flow041.48K6.19M1.13M1.25M

IPB Petroleum Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

AU:FEL against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
AU:BUXAU:BUX55NeutralAUD 10.26M6.8822.53%―739.65%―
AU:EV1AU:EV145NeutralAUD 6.53M-2.58-27.88%――70.75%
AU:SRKAU:SRK44NeutralAUD 5.39M0.6362.41%―――
AU:FELAU:FEL44NeutralAUD 5.20M-1.59-24.23%――-75.00%
AU:SERAU:SER42NeutralAUD 12.88M-6.00-20.80%――52.23%
AU:PECAU:PEC41NeutralAUD 10.84M-3.33-72.11%――-172.73%

* Energy Sector Average

Performance Comparison

-50%0%50%100%AU:FELAU:PECAU:SRKAU:SERAU:BUXAU:EV1
AU:FEL and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:FELIPB Petroleum Ltd.0.010.000.00%
AU:PECPerpetual Resources Ltd.0.010.000.00%
AU:SRKStrike Resources Limited0.02-0.02-55.81%
AU:SERStrategic Energy Resources Limited0.18-0.04-18.18%
AU:BUXBuxton Resources Limited0.02-0.01-33.33%
AU:EV1Evolution Energy Minerals Limited0.01-0.00-9.09%

IPB Petroleum Ltd. Corporate Events

IPB Petroleum Calls February 2026 General Meeting of Shareholders

Dec 31, 2025

IPB Petroleum Limited has called a General Meeting of shareholders to be held at its West Perth head office at 10:00am AWST on 5 February 2026, with the Notice of Meeting and Explanatory Memorandum outlining the resolutions now available on the compa...

IPB Petroleum Director Increases Shareholding

Dec 15, 2025

IPB Petroleum Ltd. has announced a change in the director’s interest, with Dougal James Ferguson acquiring an additional 1,000,000 shares through an on-market purchase. This acquisition increases Ferguson’s total holdings to 34,780,621 sh...

IPB Petroleum Raises $1.17 Million Through Share Placement

Dec 12, 2025

IPB Petroleum Ltd. has announced the issuance of 146,600,765 fully paid ordinary shares at $0.008 per share, raising approximately $1.17 million. This capital raising, conducted without disclosure under the Corporations Act, aims to strengthen the co...

IPB Petroleum Ltd. Announces Quotation of New Securities on ASX

Dec 11, 2025

IPB Petroleum Ltd. has announced the quotation of 146,600,765 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 12, 2025. This move is part of previously announced transactions and is expected to impact the com...

IPB Petroleum Announces Proposed Securities Issue to Boost Capital

Dec 4, 2025

IPB Petroleum Ltd. has announced a proposed issue of securities, including unlisted options and performance rights, to raise capital for its operations. This strategic move is expected to strengthen the company’s financial position and support...

IPB Petroleum Secures Prospective Alaskan Oil Leases

Dec 4, 2025

IPB Petroleum Limited has signed a Binding Terms Sheet to acquire Peritas LLC, gaining an exclusive option to purchase 143,368 acres of promising oil leases in Alaska, including the Umiat oil field. This acquisition positions IPB strategically within...

IPB Petroleum Initiates Trading Halt for Capital Raising and Acquisition

Dec 2, 2025

IPB Petroleum Ltd. has requested a trading halt on its securities on the ASX as it prepares for a capital raising and finalizes arrangements for a proposed acquisition. This move is aimed at managing its continuous disclosure obligations and is expec...

IPB Petroleum Advances New Project Amid Funding Challenges

Nov 26, 2025

At the recent Annual General Meeting, IPB Petroleum’s Chairman addressed the challenges faced in securing funding for the Gwydion asset due to regulatory and cost barriers. Despite these challenges, the company is in the final stages of due dil...

IPB Petroleum Limited Announces 2025 Annual General Meeting

Oct 24, 2025

IPB Petroleum Limited has announced its 2025 Annual General Meeting (AGM) scheduled for November 26, 2025, at its head office in West Perth. The meeting will cover an overview of the company’s operations and performance for the year ending June...

IPB Petroleum Advances Exploration and Strengthens Board

Oct 23, 2025

IPB Petroleum Ltd is advancing the commercialisation of its key asset, Exploration Permit WA-424-P, by engaging in discussions for drilling and development in the Browse Basin. The company is also pursuing new venture opportunities to enhance its ass...

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: Dec 30, 2025