Want to see AU:HYT full AI Analyst Report?
Top Page
Triple Energy Limited
(Sydney:HYT)
Select Model
Select Model
Rating:40Underperform
Price Target:
AU$0.01
â–Ľ(-40.00% Downside)
Action:Downgraded
Date:07/08/26
The score is driven primarily by weak financial performance (no revenue, widening losses, and continued cash burn) and bearish technicals (price below major moving averages with negative MACD). Low leverage on the balance sheet is a partial offset, but negative earnings and no indicated dividend yield limit valuation support.
Positive Factors
Conservative balance sheet
The company’s minimal debt and very low debt-to-equity provide durable financial flexibility. Over the next 2–6 months this reduces refinancing and interest-rate risk, gives management optionality to fund near-term exploration or restructuring, and limits solvency pressure while losses persist.
Negative Factors
No reported revenue
The absence of revenue across reported years indicates the business is not yet monetizing assets or producing commercially. Over the medium term this prevents internal funding of operations, forces reliance on external capital, and undermines sustainable earnings generation until production or sales begin.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
The company’s minimal debt and very low debt-to-equity provide durable financial flexibility. Over the next 2–6 months this reduces refinancing and interest-rate risk, gives management optionality to fund near-term exploration or restructuring, and limits solvency pressure while losses persist.
Read all positive factors
Triple Energy Limited (HYT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$11.90M
Dividend YieldN/A
Average Volume (3M)2.04M
Price to Earnings (P/E)―
Beta (1Y)0.11
Revenue GrowthN/A
EPS Growth3.70%
CountryAU
EmployeesN/A
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,983,199,500
10 Day Avg. Volume1,354,236
30 Day Avg. Volume2,042,601
Financial Highlights & Ratios
PEG Ratio2.25
Price to Book (P/B)1.09
Price to Sales (P/S)0.00
P/FCF Ratio-11.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 loca...
How the Company Makes Money
null...
Triple Energy Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
64
Positive
Cash Flow
28
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -48.67K | -43.96K | -31.88K | -26.66K | 0.00 |
| EBITDA | -4.56M | -2.85M | -1.83M | -1.18M | ― |
| Net Income | -4.34M | -2.92M | -1.86M | -1.28M | -649.01K |
Balance Sheet | |||||
| Total Assets | 33.23M | 36.82M | 9.90M | 10.71M | 367.66K |
| Cash, Cash Equivalents and Short-Term Investments | 2.44M | 20.43M | 793.41K | 4.60M | 327.44K |
| Total Debt | 15.48K | 59.13K | 9.17K | 40.58K | 667.70K |
| Total Liabilities | 558.29K | 510.44K | 231.09K | 334.61K | 1.12M |
| Stockholders Equity | 32.68M | 36.31M | 9.67M | 10.38M | -748.80K |
Cash Flow | |||||
| Free Cash Flow | -3.04M | -8.47M | -4.62M | -1.29M | -5.33K |
| Operating Cash Flow | -3.03M | -1.90M | -1.68M | -1.27M | -325.00 |
| Investing Cash Flow | -15.77M | -6.57M | -2.94M | -24.45K | -5.00K |
| Financing Cash Flow | 809.68K | 28.11M | 825.76K | 5.57M | 655.00K |
Triple Energy Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
59 Neutral | AU$38.36M | 3.04 | 30.01% | 933.33% | -17.90% | ― | |
55 Neutral | AU$33.72M | -15.12 | -5.90% | ― | ― | 20.00% | |
44 Neutral | AU$41.94M | -17.78 | -14.52% | ― | ― | ― | |
42 Neutral | AU$20.50M | -19.23 | 346.61% | ― | -11.63% | -450.00% | |
40 Underperform | AU$11.90M | -1.94 | -12.59% | ― | ― | 3.70% | |
38 Underperform | AU$25.29M | -0.68 | -38.84% | ― | ― | -45.54% |
* Energy Sector Average
AU:HYT
Triple Energy Limited
0.01
-0.01
-50.00%
AU:88E
88 Energy
0.02
>-0.01
-9.09%
AU:JPR
Jupiter Energy
0.02
-0.01
-46.67%
AU:OEL
Otto Energy Limited
―
―
―
AU:TMK
TMK Energy Limited
0.13
<0.01
4.17%
AU:TDO
3D Oil Limited
0.08
-0.07
-46.67%
Triple Energy Limited Corporate Events
HyTerra Issues New Shares as Strategic Growth and Governance Reviews Advance
Jul 6, 2026
HyTerra Ltd has issued 119,250,000 fully paid ordinary shares that form part of its quoted class of securities on the ASX, without a disclosure document, and confirms compliance with key reporting and continuous disclosure provisions of the Corpor...
Hyterra Seeks ASX Quotation for 119 Million New Shares
Jul 6, 2026
Hyterra Ltd has applied for quotation on the ASX of 119,250,000 new ordinary fully paid shares, with an issue date of July 6, 2026. The application, made under the ASX Listing Rules via Appendix 2A, signals a significant expansion of the company&#...
HyTerra Raises $1.669m in Initial Shortfall Offer Tranche
Jul 6, 2026
HyTerra Limited has issued and allotted 119,250,000 ordinary shares, raising approximately $1.669 million under the initial tranche of its Shortfall Offer announced in late June. An application for quotation of these securities is being lodged, wi...
HyTerra to Brief Investors on Nemaha Hydrogen Production Test via July Webinar
Jul 1, 2026
HyTerra Limited has scheduled an investor webinar on 2 July 2026 to provide a company update focused on the upcoming production test of its McCoy-1 well at the 100% owned Nemaha Project in Kansas. The session, led by CEO Riley Kemp and executive d...
HyTerra Raises $1.95m in Shortfall Offer to Fund Drilling and Growth
Jun 29, 2026
HyTerra has secured commitments of about $1.95 million under its Shortfall Offer, leading to an initial placement of roughly 139 million new fully paid ordinary shares at $0.014 each, the same price as its recent entitlement offer. The company has...
HyTerra Sets July Start for McCoy Hydrogen Test and Targets Larson Well Spud in 2026
Jun 24, 2026
HyTerra has scheduled production testing at its McCoy-1 well on the Nemaha Ridge Play to begin in the week of 13 July 2026, aiming to independently assess two zones for gas flow rates, composition, pressure behaviour, and the commercial potential ...
HyTerra Advances McCoy-1 Hydrogen Test and Expands U.S. Rift Play Strategy
Jun 9, 2026
HyTerra plans a production test at its McCoy-1 well in the Ridge Play of Kansas, targeting two zones to establish steady-state flow rates and gas compositions for hydrogen and helium, with equipment mobilization scheduled for June and testing to s...
HyTerra Flags First Strike as Shareholders Reject Key AGM Resolutions
May 28, 2026
HyTerra Ltd has released the results of its Annual General Meeting, revealing that most resolutions put to shareholders were not carried, with the notable exception of the re-election of director Benjamin Mee, which ultimately passed on a poll des...
HyTerra flags frontier risks as it advances geologic hydrogen ambitions
May 28, 2026
HyTerra has released an investor presentation outlining its operational focus, risk profile and technical credentials as it advances geologic hydrogen projects such as the Nemaha Project in Kansas. The company highlights both the potential to unlo...
HyTerra Director Benjamin Mee Lifts Stake via Entitlement Offer
May 21, 2026
HyTerra director Benjamin Mee has increased his indirect shareholding in the company through Mee Family Holdings Pty Ltd, a vehicle for the Mee Family Trust, by acquiring 1,257,928 fully paid ordinary shares for $17,611. This raises his indirect s...
HyTerra Launches $7m Rights Issue to Fund Exploration and Growth
May 4, 2026
HyTerra Ltd has launched a pro-rata non-renounceable rights issue, offering three new fully paid ordinary shares for every ten existing shares held by eligible shareholders at an issue price of $0.014, to raise up to approximately $7 million befor...
HyTerra Director Converts Options, Lifts Equity Stake via Family Trust
May 1, 2026
HyTerra director Benjamin Mee has reshuffled his indirect holdings in the company, with his family trust exercising vested unlisted options into 15 million fully paid ordinary shares at no cash consideration. As a result, his indirect interest now...
HyTerra Expands Share Base With 25 Million New ASX-Listed Shares
May 1, 2026
HyTerra Ltd has issued 25,000,000 fully paid ordinary shares that are part of its existing ASX-quoted class of securities, with the new stock potentially available for subsequent sale. The shares were issued without a disclosure document under the...
HyTerra Seeks ASX Quotation for 25 Million New Shares
May 1, 2026
HyTerra Ltd has applied to the ASX for quotation of 25 million new ordinary fully paid shares, to be issued on 1 May 2026. The move expands the company’s quoted share capital, potentially providing additional liquidity for investors and sign...
HyTerra moves Nemaha hydrogen project toward appraisal and widens global reach
Apr 29, 2026
HyTerra advanced its Nemaha Project in Kansas during the March quarter, preparing a production test at the McCoy-1 well in Q2 2026 to evaluate hydrogen and helium flow rates, reservoir behaviour and commercial potential. Laboratory analysis of roc...
HyTerra sets May 28 AGM and moves to digital meeting materials
Apr 24, 2026
HyTerra Ltd has called its Annual General Meeting for 28 May 2026 in Perth, inviting shareholders to attend and vote on matters affecting their holdings. The company is shifting to electronic distribution of its notice of meeting in line with Corp...
HyTerra launches A$7m entitlement offer via transaction‑specific prospectus
Apr 23, 2026
HyTerra Ltd has released a prospectus for a pro‑rata non‑renounceable entitlement offer, giving eligible shareholders three new shares for every ten held at an issue price of A$0.014, to raise up to about A$7 million. The offer, which ...
HyTerra plans major non-renounceable pro rata share issue
Apr 23, 2026
HyTerra Ltd has outlined plans for a standard non-renounceable pro rata issue of up to 500,312,338 new ordinary fully paid shares, according to a disclosure lodged with the ASX. The offer, which will be conducted on a set timetable with an ex-date...
HyTerra Seeks Up to $7 Million via Non-Renounceable Entitlement Offer
Apr 23, 2026
HyTerra Ltd has launched a pro rata non-renounceable entitlement offer to raise up to approximately $7.0 million, issuing three new shares for every ten held by eligible shareholders at $0.014 per share. The funds are earmarked primarily for drill...
HyTerra Joins U.S. Air Force Initiative to Test Geologic Hydrogen for Energy Resilience
Apr 19, 2026
HyTerra Ltd has been selected to participate in the Chimaera Fund initiative led by Renaissance Philanthropy in collaboration with the U.S. Air Force. The program will assess whether geologic hydrogen can improve energy resilience at critical Air ...
HyTerra sets May AGM and opens nominations for board seat
Apr 8, 2026
HyTerra Limited has scheduled its Annual General Meeting for 28 May 2026 at the offices of Steinepreis Paganin in Perth, Western Australia. An election of a director will form part of the AGM agenda, with further details on the candidate to be pro...
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.