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Triple Energy Limited (HYT) AI Stock Analysis

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AU:HYT

Triple Energy Limited

(ASX:HYT)

Select Model
Rating:43Neutral
Price Target:AUD 0.01â–²(0.00% Upside)
Action:upgraded
Date:10/08/26

The score is driven primarily by weak financial performance: no reported revenue, widening losses, and persistent negative operating/free cash flow suggest high business sustainability risk. A low-debt balance sheet provides some offset, but valuation is undermined by losses (negative P/E) and technical momentum cannot be assessed with the provided indicators.

Positive Factors
Conservative leverageA near-zero debt-to-equity profile limits mandatory financing costs and preserves financial flexibility. This gives the company more capacity to address operating challenges or fund future initiatives without the immediate pressure of substantial interest obligations or debt repayment.
Negative Factors
No reported revenueThe absence of reported revenue indicates that the company is not yet demonstrating an operating business capable of generating sales. Without a functioning revenue stream, there is no demonstrated base for gross profit, recurring cash inflows, or durable self-funded growth.

Triple Energy Limited (HYT) vs. iShares MSCI Australia ETF (EWA)

-50%-40%-30%-20%-10%0%10%20%AU:HYT-50.00%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26
Market Cap
AUD 10.71M
Dividend Yield
―
Average Volume (3M)
299.04K
Price to Earnings (P/E)
-1.9
Beta (1Y)
0.03
Revenue Growth
―
EPS Growth
-23.81%
Country
Australia
Employees
0
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

Triple Energy Limited Business Overview & Revenue Model

Company Description

Hyterra Ltd. primarily engages in the discovery and extraction of naturally occurring hydrogen. The company holds a significant interest in a joint venture that encompasses a pioneering exploratory well in Nebraska, USA, specifically aimed at locatin...

Triple Energy Limited Financial Statement Overview

Summary

Financial profile is very weak overall: income statement shows no reported revenue across the periods provided with widening net losses (about -$1.28M in 2022 to ~-$4.34M in 2025) and persistently negative operating results. Cash flow is consistently negative with ongoing free-cash-flow burn (notably ~-$8.47M in 2024, improving to ~-$3.04M in 2025), indicating the business is not self-funding. Balance sheet leverage is currently conservative with minimal debt, but equity has declined recently and returns remain negative.

Income Statement

12Very Negative

Balance Sheet

64Positive

Cash Flow

28Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Mar 2022
Income Statement
Total Revenue000000
Gross Profit-47.27K-48.67K-43.96K-31.88K-26.66K0
EBITDA-4.55M-4.56M-2.85M-1.83M-1.18M-147.58K
Net Income-5.53M-4.34M-2.92M-1.86M-1.28M-1.86M
Balance Sheet
Total Assets35.01M33.23M36.82M9.90M10.71M367.66K
Cash, Cash Equivalents and Short-Term Investments4.16M2.44M20.43M793.41K4.60M327.44K
Total Debt38.97K15.48K59.13K9,17340.58K667.70K
Total Liabilities484.06K558.29K510.44K231.09K334.61K1.12M
Stockholders Equity34.53M32.68M36.31M9.67M10.38M-748.80K
Cash Flow
Free Cash Flow-3.72M-3.04M-8.47M-4.62M-1.29M-5,325
Operating Cash Flow-3.72M-3.03M-1.90M-1.68M-1.27M-325
Investing Cash Flow-8.16M-15.77M-6.57M-2.94M-24.45K-5,000
Financing Cash Flow4.00M809.68K28.11M825.76K5.57M655.00K

Triple Energy Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

AU:HYT against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
AU:OELAU:OEL71OutperformAUD 33.57M5.3816.54%―-6.93%300.00%
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
AU:88EAU:88E46NeutralAUD 26.62M-0.68-38.84%――-45.54%
AU:TDOAU:TDO44NeutralAUD 41.94M-17.78-14.52%―――
AU:TMKAU:TMK44NeutralAUD 27.65M-12.20-5.90%――59.42%
AU:HYTAU:HYT43NeutralAUD 9.92M-1.90-16.47%――-23.81%
AU:JPRAU:JPR39UnderperformAUD 16.67M-10.00126.03%―-15.47%43.48%

* Energy Sector Average

Performance Comparison

-50%0%50%100%AU:HYTAU:88EAU:JPRAU:TMKAU:TDODec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26
AU:HYT and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:HYTTriple Energy Limited0.01-0.01-50.00%
AU:88E88 Energy Limited0.020.000.00%
AU:JPRJupiter Energy Limited0.01-0.02-56.67%
AU:OELOtto Energy Limited―――
AU:TMKTMK Energy Limited0.10-0.02-15.00%
AU:TDO3D Oil Limited0.08-0.04-34.43%

Triple Energy Limited Corporate Events

Hyterra Plans Equity Placement of Over 6 Million Shares on ASX

Oct 2, 2026

Hyterra Ltd has notified the ASX of a proposed placement of up to 6,121,575 ordinary fully paid shares, with an expected issue date of November 4, 2026. The transaction, lodged as an Appendix 3B, forms part of the company’s capital-raising acti...

HyTerra Calls Extraordinary General Meeting and Shifts to Digital Notice Distribution

Oct 2, 2026

HyTerra Ltd has called an Extraordinary General Meeting of shareholders for 2:00pm AWST on Wednesday, 4 November 2026, at Steinepreis Paganin’s offices in Perth, Western Australia. The company is moving to primarily electronic distribution of m...

HyTerra launches small-shareholder sale facility alongside 20:1 consolidation

Sep 28, 2026

HyTerra Ltd will introduce an unmarketable parcel sale facility for shareholders whose holdings are worth less than $500 as at 28 September 2026, allowing them to sell their small parcels without brokerage costs while reducing the administrative burd...

Hyterra to Consolidate Shares and Restructure Capital on ASX

Sep 23, 2026

Hyterra Ltd has announced a consolidation of its ordinary shares, options and performance rights, affecting all quoted and unquoted securities on issue under the ASX code HYT. The consolidation will see trading in post-consolidation securities commen...

HyTerra Names New CFO and Company Secretary as It Strengthens Governance

Sep 22, 2026

HyTerra Ltd has appointed Chartered Accountant Curtis Abbott as Company Secretary and Chief Financial Officer, effective immediately, bringing more than 18 years of experience in financial reporting, capital raising, risk management, project developm...

HyTerra Taps U.S. Universities to Advance Geologic Hydrogen Exploration

Sep 21, 2026

HyTerra Ltd has entered into a collaboration with research teams from Texas A&M University, the University of Texas at Austin and the New Mexico Institute of Mining and Technology to study geologic hydrogen generation, migration and accumulation...

HyTerra Director Boosts Stake Through Exercise of Equity Incentives

Sep 7, 2026

HyTerra Limited is an Australian-listed company, with securities traded on the ASX and corporate oversight governed by the Corporations Act. The company’s capital structure includes fully paid ordinary shares, performance rights and various cla...

HyTerra Director Boosts Shareholding via Incentive Conversion

Sep 7, 2026

HyTerra Limited has disclosed a change in the interests of director Avon McIntyre, who has increased his holding of fully paid ordinary shares through the vesting and exercise of unlisted performance rights and options. The transaction, completed wit...

HyTerra Issues New Shares and Reaffirms Global Growth Strategy

Sep 7, 2026

HyTerra Ltd has issued 19 million fully paid ordinary shares, part of its existing ASX-quoted class of securities, under provisions that allow issuance without a formal disclosure document. The company states it is compliant with key sections of the...

Hyterra moves to quote 19 million new shares on ASX

Sep 7, 2026

Hyterra Ltd has applied to the Australian Securities Exchange for quotation of 19 million ordinary fully paid shares under its existing HYT ticker. The securities were issued on 28 August 2026 and the application, lodged on 7 September 2026, follows...

HyTerra Names John Langoulant to Board with No Initial Shareholding

Aug 18, 2026

HyTerra Limited has appointed Mr. John Langoulant as a director effective 17 August 2026, marking a change in the company’s board composition under ASX listing rule 3.19A.1 and relevant provisions of the Corporations Act. The initial director&#...

Triple Energy Names New Director to HyTerra Board, Reports No Share Interests

Aug 18, 2026

Triple Energy Limited has announced the appointment of Mr Spencer Davey as a director of HyTerra Limited, effective 17 August 2026, in accordance with ASX listing rule disclosure requirements. The company confirmed that Davey currently holds no relev...

HyTerra Discloses Director Benjamin Mee’s Exit and Final Interests

Aug 18, 2026

HyTerra Limited has announced the cessation of director Benjamin Mee from the board effective 17 August 2026, with the company lodging a final director’s interest notice with the ASX. The filing confirms that Mee held no shares directly but had...

HyTerra bolsters board and leadership as it accelerates global growth plans

Aug 18, 2026

HyTerra has moved to strengthen its governance and strategic capabilities with the appointment of veteran public and private sector leader John Langoulant as an independent non-executive director and Fortescue executive Spencer Davey as a Fortescue-a...

HyTerra to Highlight Geologic Hydrogen Strategy at OTCQB Investor Forum

Aug 5, 2026

HyTerra Ltd, an Australia-based geologic hydrogen specialist listed in Australia, the U.S. and Germany, is advancing a portfolio of natural hydrogen projects such as the Nemaha Project in Kansas. The company seeks to build a leading position in the e...

HyTerra to Showcase Geologic Hydrogen Strategy at OTCQB Virtual Investor Conference

Aug 4, 2026

HyTerra Ltd will present at the OTCQB Virtual Investor Conference on 6 August 2026, offering investors a live online overview of the geologic hydrogen industry and its business strategy. Chief Executive Officer Riley Kemp is set to update attendees o...

HyTerra’s McCoy-1 Test Refines Strategy for Kansas Hydrogen Plays

Aug 3, 2026

HyTerra has completed production testing of the McCoy-1 well in the Ridge Play of its Nemaha Project in Kansas, finishing on schedule, below budget and without safety or environmental incidents. The first test zone delivered a modest gas flow rate of...

HyTerra Moves McCoy-1 to Production Testing as Rift Hydrogen Strategy Gains Traction

Jul 29, 2026

HyTerra advanced preparations for production testing at its McCoy-1 well in Kansas, with testing commencing shortly after the June quarter and marking a shift from pure exploration drilling to assessing sustained well performance. The program will ev...

HyTerra starts production testing at McCoy-1 hydrogen and helium well in Kansas

Jul 12, 2026

HyTerra has begun production testing at the McCoy-1 well in the Ridge Play of its Nemaha Project in Kansas, aiming to determine whether the well can sustain measurable hydrogen and helium flow. The program will evaluate two separate zones, collecting...

HyTerra Issues New Shares as It Pursues Hydrogen Growth and Governance Review

Jul 9, 2026

HyTerra Ltd has issued 21,428,572 fully paid ordinary shares as part of its quoted securities on the ASX, confirming that the shares were issued without a disclosure document under the Corporations Act and that the company remains compliant with its...

HyTerra Seeks ASX Quotation for 21.4 Million New Shares

Jul 9, 2026

HyTerra Ltd has applied to the Australian Securities Exchange for quotation of 21,428,572 ordinary fully paid shares, to be traded under its existing HYT ticker. The newly issued securities form part of a previously announced transaction, expanding t...

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