Metgasco Ltd AI Stock Analysis
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Metgasco Ltd (MEL) AI Stock Analysis
Metgasco Ltd
(ASX:MEL)
The overall score is severely depressed by the company's critical financial instability, marked by negative equity and unprofitable operations. While a recent uptick in operating cash flow offers a minor positive signal, it is overshadowed by weak technical momentum and a negative P/E ratio that underscores the lack of earnings. The company faces a high risk of financial failure.
Metgasco Ltd (MEL) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 514.39K
- Dividend Yield
- ―
- Average Volume (3M)
- 151.35K
- Price to Earnings (P/E)
- -0.3
- Beta (1Y)
- -0.61
- Revenue Growth
- -37.26%
- EPS Growth
- 60.08%
- Country
- Australia
- Employees
- 3,000
- Sector
- Energy
- Sector Strength
- 65
- Industry
- Oil & Gas Exploration & Production
Metgasco Ltd Business Overview & Revenue Model
Company Description
Metgasco Limited is an Australian firm dedicated to the discovery and cultivation of oil and natural gas deposits. Furthermore, it allocates capital to and constructs energy infrastructure relevant to its operations. The company was founded in 1999 a...
How the Company Makes Money
Metgasco Ltd’s typical monetisation approach (consistent with oil and gas explorers/developers) would be to generate value and potential income through progressing petroleum assets and then realising returns via outcomes such as farm-out agreements,...
Metgasco Ltd Financial Statement Overview
Summary
Financial health is critically weak. The company is deeply unprofitable with negative gross margins (-66%) and a substantial net loss, despite recent revenue growth. The balance sheet shows negative equity, signaling insolvency risk. Positive operating cash flow in FY2026 is a lone bright spot but appears fragile against a history of heavy cash burn.
Income Statement
18Very NegativeBalance Sheet
8Very NegativeCash Flow
35Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.35M | 1.35M | 2.16M | 2.37M | 475.84K | 0 |
| Gross Profit | -693.28K | -893.28K | -177.28K | 1.14M | -286.00K | -861 |
| EBITDA | -1.34M | -317.44K | -1.25M | -11.76M | -1.34M | -6.11M |
| Net Income | -1.64M | -1.28M | -3.27M | -13.20M | -1.53M | -6.11M |
Balance Sheet | ||||||
| Total Assets | 8.12M | 8.12M | 9.76M | 9.16M | 18.05M | 17.28M |
| Cash, Cash Equivalents and Short-Term Investments | 1.62M | 1.62M | 1.12M | 880.61K | 642.16K | 3.64M |
| Total Debt | 2.54M | 2.54M | 4.30M | 2.66M | 771.41K | 0 |
| Total Liabilities | 11.97M | 11.97M | 12.35M | 9.45M | 6.78M | 6.98M |
| Stockholders Equity | -3.85M | -3.85M | -2.58M | -291.79K | 11.27M | 10.30M |
Cash Flow | ||||||
| Free Cash Flow | 294.32K | 294.32K | -746.97K | -2.33M | -7.56M | -6.13M |
| Operating Cash Flow | 668.12K | 668.12K | -651.81K | -282.74K | -1.37M | 2.85M |
| Investing Cash Flow | -623.39K | -623.39K | -2.01M | -2.05M | -6.19M | -8.81M |
| Financing Cash Flow | 453.51K | 453.51K | 2.90M | 2.57M | 4.56M | 9.03M |
Metgasco Ltd Peers Comparison
Overall Rating
AU:BRU47Neutral
AU:BLU46Neutral
AU:CTP45Neutral
AU:STX42Neutral
AU:COI39Underperform- AU:MEL38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 65Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
| AU:BRU | 47Neutral | AUD 19.02M | -3.11 | -23.11% | ― | ― | 71.52% |
| AU:BLU | 46Neutral | AUD 9.04M | -15.00 | -1.65% | ― | ― | 37.50% |
| AU:CTP | 45Neutral | AUD 36.13M | -7.27 | -13.43% | ― | 2.57% | -163.46% |
| AU:STX | 42Neutral | AUD 357.02M | -12.60 | -7.49% | ― | -13.67% | 85.97% |
| AU:COI | 39Underperform | AUD 102.42M | -16.76 | -4.77% | ― | ― | -76.19% |
| AU:MEL | 38Underperform | AUD 447.03K | -0.31 | 36.32% | ― | -37.26% | 60.08% |
* Energy Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:MEL | Metgasco Ltd | 0.01 | -0.01 | -39.13% | |
| AU:BRU | Buru Energy Limited | 0.01 | -0.00 | -22.22% | |
| AU:COI | Comet Ridge Ltd | 0.06 | -0.05 | -44.64% | |
| AU:CTP | Central Petroleum Limited | 0.05 | -0.01 | -22.58% | |
| AU:STX | Strike Energy Limited | 0.10 | -0.02 | -19.17% | |
| AU:BLU | Blue Energy Limited | ― | ― | ― |
Metgasco Ltd Corporate Events
Metgasco outlines 1.1c entitlement offer
Metgasco has presented an entitlement offer at 1.1 cents, structured on a five-for-one basis. The stated terms include one free attaching three-year option with every new share issued.The presentation says an independent assessment of reserves and re...
Metgasco Prospectus Sets Out Approximately $2.02 Million Entitlement Offer
Metgasco’s prospectus covers a partially underwritten renounceable entitlement offer of approximately 183,711,380 new shares. Eligible shareholders are offered five new shares for every share held at the record date at $0.011 each, with one free atta...
Metgasco proposes renounceable pro rata securities issue
The release provides no information on Metgasco Ltd’s industry, primary products or services, or market focus. It proposes a renounceable standard pro rata issue comprising a maximum of 183,711,380 options expiring 4 December 2029 at an exercise pric...
Metgasco announces partially underwritten entitlement offer
Metgasco announced a renounceable pro-rata entitlement offer for eligible shareholders to raise up to approximately $2.02 million before costs, offering five new shares for every existing share at 1.1 cents. Each new share will include one free attac...
Metgasco Requests Trading Halt for Capital Raising
Metgasco Ltd is an Australian-listed company, but the release does not specify its industry, products or services. The company requested a trading halt on its securities pending an announcement about a material capital raising, temporarily suspending...
Metgasco Moves AGM Materials Online as It Calls November 2026 Meeting
Metgasco Ltd has called its annual general meeting for 11:00am WST on 27 November 2026 at Level 4, 88 William Street, Perth, Western Australia. The company has made the notice of meeting and explanatory statement available electronically, while advis...
Metgasco Details Alignment with ASX Corporate Governance Standards
Metgasco Ltd has detailed its corporate governance arrangements, confirming broad alignment with the ASX Corporate Governance Principles and Recommendations, 4th Edition, as at 26 October 2026. The company’s Board Charter and Corporate Governance Pla...
Metgasco Details Corporate Directory in 2026 Annual Report
Metgasco Ltd, an ASX-listed energy-sector company based in Perth, has outlined its corporate structure for the year ended 30 June 2026, highlighting a board led by Non-Executive Chairman Michael Glennon and Managing Director Ken Aitken. The governanc...
Metgasco Reclassifies Cooper Basin Gas, Shifting Volumes to Contingent Resources
Metgasco has reported a substantial reclassification of reserves and contingent resources at its Vali and Odin gas fields in the Cooper Basin, following an independent review by Chris Dykes Reserves International. While the total gas in place remains...
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: Nov 13, 2026