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MAY Stock Chart & Stats
AU$0.01
>-AU$0.01(-11.11%)
At close: 4:00 PM EDT
AU$0.01
>-AU$0.01(-11.11%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.04
Previous CloseN/A
Volume1.03M
Average Volume (3M)5.27M
Market Cap
AU$11.35M
Enterprise ValueAU$10.87M
Total Cash (Recent Filing)AU$472.50K
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.05
Next Earnings
Mar 05, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding3,781,968,800
10 Day Avg. Volume4,204,347
30 Day Avg. Volume5,274,549
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.95
Price to Sales (P/S)0.00
P/FCF Ratio-2.83
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
Bulls Say, Bears Say
Bulls Say
Low Financial LeverageMinimal debt reduces mandatory financing costs and preserves financial flexibility relative to a highly leveraged explorer. This gives Melbana greater capacity to direct available capital toward appraisal, partnerships, or development while limiting balance-sheet pressure during periods of weak operations.
Focused Upstream Exploration PortfolioA focused upstream portfolio gives Melbana direct exposure to discovering and developing hydrocarbon resources rather than relying on unrelated businesses. Progress on Block 9 and other prospects could create material project value if exploration and appraisal successfully establish commercial production.
Multiple Potential Monetisation RoutesThe business model offers several ways to finance and monetise successful assets, including partners funding work programs, partial-interest sales, and eventual hydrocarbon production. These routes can help an exploration company advance prospects without depending solely on a single commercial outcome.
Bears Say
Near-zero Revenue And Persistent LossesThe collapse in revenue and recurring operating losses indicate that Melbana does not currently demonstrate a stable earnings engine. Continued earnings volatility makes internal funding harder, reduces visibility on future profitability, and leaves value creation dependent on successful project advancement.
Persistent Cash BurnConsistently negative operating and free cash flow means the company is not funding its activities from recurring operations. Over the next several quarters, ongoing exploration and corporate costs may therefore require financing or asset monetisation, increasing dependence on capital availability.
Shrinking Balance-sheet CushionDeclining equity and assets weaken the financial cushion available to absorb further exploration losses or unsuccessful projects. Even with low leverage, a smaller capital base can constrain future investment capacity and make the company more sensitive to additional cash needs.
Melbana Energy Limited News
MAY FAQ
What was Melbana Energy Limited’s price range in the past 12 months?
Melbana Energy Limited lowest share price was <AU$0.01 and its highest was AU$0.04 in the past 12 months.
What is Melbana Energy Limited’s market cap?
Melbana Energy Limited’s market cap is AU$11.35M.
When is Melbana Energy Limited’s upcoming earnings report date?
Melbana Energy Limited’s upcoming earnings report date is Mar 05, 2027 which is in 133 days.
How were Melbana Energy Limited’s earnings last quarter?
Melbana Energy Limited released its earnings results on Sep 29, 2026. The company reported -AU$0.013 earnings per share for the quarter.
Is Melbana Energy Limited overvalued?
According to Wall Street analysts Melbana Energy Limited’s price is currently Overvalued.
Does Melbana Energy Limited pay dividends?
Melbana Energy Limited does not currently pay dividends.
What is Melbana Energy Limited’s EPS estimate?
Melbana Energy Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Melbana Energy Limited have?
Melbana Energy Limited has 3,781,968,800 shares outstanding.
What happened to Melbana Energy Limited’s price movement after its last earnings report?
Melbana Energy Limited reported an EPS of -AU$0.013 in its last earnings report. Following the earnings report the stock price went up 5.882%.
Which hedge fund is a major shareholder of Melbana Energy Limited?
Currently, no hedge funds are holding shares in AU:MAY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Melbana Energy Limited Stock Smart Score
Neutral
1
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3
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5
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8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
―
12-Months-Change
Fundamentals
Return on Equity
-133.55%
Trailing 12-Months
Asset Growth
-64.04%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Melbana Energy Limited
Melbana Energy Limited, a company founded in 1994 and based in Sydney, Australia, is engaged in the exploration for oil and gas across both Cuba and Australia. Its assets in Australia include complete ownership of the Tassie Shoal Methanol and LNG project, as well as the WA-544-P and NT/P87 permits, which together span roughly 4,000 square kilometers in the Petrel sub-basin. In Cuba, Melbana wholly controls the Santa Cruz oil field and holds a 30% stake in Block 9, an area covering 2,344 square kilometers. The company previously operated as MEO Australia Limited before adopting the Melbana Energy Limited name in November 2016.