NuEnergy Gas Limited (NGY) AI Stock Analysis

• Market Cap: €35.61M
• Dividend Yield: N/A
• Average Volume (3M): 16.02K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: N/A
• EPS Growth: 14.29%
• Country: AU
• Employees: 2
• Sector: Energy
• Sector Strength: 54
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 1,780,705,400
• 10 Day Avg. Volume: 10,393
• 30 Day Avg. Volume: 16,024
• PEG Ratio: 2.50
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -18.80K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

NuEnergy Gas Limited is currently facing significant financial challenges, with negative income and cash flow figures being the primary concerns. The balance sheet shows some stability, but the inability to generate revenue is a major risk. Technical analysis suggests limited market interest, and valuation metrics are weak due to the lack of profitability. These factors collectively result in a low overall stock score.

NuEnergy Gas Limited Business Overview & Revenue Model

Company Description

NuEnergy Gas Limited (NGY) is an emerging gas exploration and development company focused on unconventional gas projects in Indonesia. The company primarily engages in the exploration, appraisal, and development of coal bed methane (CBM) gas resources. It aims to tap into the vast untapped potential of CBM in Indonesia to meet the region's growing energy demands sustainably.

How the Company Makes Money

NuEnergy Gas Limited generates revenue through the exploration and development of coal bed methane (CBM) gas resources in Indonesia. The company makes money by advancing its CBM projects through various phases of exploration, appraisal, and development, eventually leading to the production and sale of gas. Revenue is primarily derived from the sale of produced gas to local and regional markets. Additionally, partnerships and joint ventures with local and international companies can provide financial backing and technical expertise, enhancing project viability and profitability.

NuEnergy Gas Limited Financial Statement Overview

Summary

NuEnergy Gas Limited is struggling with profitability and cash flow generation, as evidenced by negative income and cash flow figures. The balance sheet provides some financial stability with positive equity, but the company's inability to generate revenue or cash from operations poses significant risks.

Income Statement

NuEnergy Gas Limited has shown a consistent lack of revenue generation over the years, with no reported revenue in the recent periods. The company is facing ongoing losses, as evidenced by the negative net income figures. The EBIT and EBITDA margins are also negative, indicating operational inefficiencies and lack of profitability. Despite a decrease in net loss compared to the previous year, the overall financial health of the income statement is weak.

Balance Sheet

The balance sheet shows a moderate level of debt relative to equity, with a debt-to-equity ratio of approximately 0.19 in the latest period. The company maintains a positive equity position, suggesting some financial stability. However, the low equity ratio indicates limited asset backing. While total assets have remained relatively stable, the company's ability to generate value from these assets appears limited.

Cash Flow

NuEnergy Gas Limited reports negative free cash flow and negative operating cash flow, highlighting challenges in generating cash from operations. The free cash flow has improved from the previous year but remains negative, indicating ongoing cash burn. The absence of significant financing activities suggests limited avenues for external funding to support cash flow needs.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	―
	Gross Profit
0.00	0.00	0.00	0.00	-27.68K	―
	EBIT
-375.56K	-505.87K	-616.58K	-447.51K	-597.70K	-2.01M
	EBITDA
-350.45K	-480.42K	-642.06K	-1.23M	6.98M	-1.97M
	Net Income Common Stockholders
-395.53K	-807.34K	-1.04M	-1.91M	6.66M	-2.28M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.89M	145.79K	2.04M	4.13M	6.18M	296.30K
	Total Assets
51.31M	42.43M	43.51M	42.69M	40.53M	36.90M
	Total Debt
5.25M	4.86M	4.56M	4.15M	3.56M	3.27M
	Net Debt
356.05K	4.71M	3.12M	647.03K	1.85M	2.98M
	Total Liabilities
17.31M	16.15M	16.15M	15.52M	14.24M	14.83M
	Stockholders Equity
33.58M	25.86M	26.94M	26.75M	26.16M	21.97M
Cash Flow		Free Cash Flow
―	-1.66M	-2.07M	-1.47M	-1.86M	-770.92K
	Operating Cash Flow
―	-234.87K	-700.26K	-276.27K	-700.99K	-243.77K
	Investing Cash Flow
―	-1.06M	-1.37M	2.04M	1.56M	-527.15K
	Financing Cash Flow
0.00	0.00	2.06M	―	578.23K	737.69K

NuEnergy Gas Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NGY, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.53 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NGY.

NuEnergy Gas Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STO	63 Neutral	$20.87B	11.24	7.94%	5.98%	-7.99%	-12.27%
ORG	62 Neutral	$18.82B	13.29	14.75%	5.39%	8.09%	-13.99%
BPT	56 Neutral	$2.87B	31.19	2.70%	4.27%	6.43%	―
Sector *	56 Neutral	$7.27B	3.51	-4.45%	5.66%	0.09%	-52.20%
CVN	47 Neutral	$187.85M	18.42	3.89%	―	―	―
NGY	27 Underperform	€35.61M	―	-3.50%	―	―	14.29%

NuEnergy Gas Limited Corporate Events

NuEnergy Gas Advances Indonesian CBM Projects with New Drilling Initiatives

NuEnergy Gas Limited has initiated drilling site preparations for the Tanjung Enim early gas sales initiative in South Sumatra, Indonesia. This development follows the finalization of a Gas Sales and Purchase Agreement with PT Perusahaan Gas Negara, pending approval from the Ministry of Energy and Mineral Resources. The company is also advancing its operations in other PSCs, including Muralim and Muara Enim, with ongoing production testing and environmental permitting processes. These efforts are expected to enhance NuEnergy’s production capabilities and strengthen its position in the Indonesian natural gas market.

NuEnergy Gas Limited Releases Half-Year Financial Report

NuEnergy Gas Limited has released its half-year financial report for the period ending December 31, 2024. The report, which should be reviewed alongside the company’s annual report, provides insights into the company’s financial performance and strategic direction. This release is crucial for stakeholders as it reflects the company’s ongoing commitment to transparency and compliance with regulatory requirements, potentially impacting its market positioning and investor confidence.

NuEnergy Gas Shifts Focus to Advanced CBM Projects with Muara Enim 2 PSC Relinquishment

NuEnergy Gas Limited has announced the relinquishment of its 30% interest in the Muara Enim 2 Production Sharing Contract (PSC) in Indonesia, a move that will not materially impact its financials due to prior impairments. This decision allows NuEnergy to focus on more advanced CBM projects, particularly the Tanjung Enim PSC, which has received development approval and is set to start initial gas production. The company has finalized terms for a gas sales and purchase agreement with PT Perusahaan Gas Negara Tbk, with plans to gradually increase production, positioning NuEnergy as a significant player in Indonesia’s clean energy sector.