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Prominence Energy Limited
(Sydney:PRM)
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Rating:50Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Reiterated
Date:10/07/26
The score is held back primarily by weak operating fundamentals and persistent cash burn with minimal revenue visibility, despite a low-debt balance sheet. Valuation looks very low on P/E, but the earnings quality appears volatile in the provided data, reducing confidence in the cheapness signal. Technical scoring remains neutral due to missing indicator data.
Positive Factors
Very Low Leverage
Minimal debt reduces fixed financial obligations and lowers solvency pressure while the company remains in an exploration-stage phase. This provides greater flexibility to preserve capital, withstand operating losses, and consider future funding or investment decisions without substantial leverage constraints.
Negative Factors
Minimal Revenue Base
An effectively absent revenue base limits visibility into customer demand, commercial scale, and repeatable operating income. Without meaningful sales, the company has little demonstrated ability to self-fund activity or convert its exploration position into a durable revenue-generating business over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Minimal debt reduces fixed financial obligations and lowers solvency pressure while the company remains in an exploration-stage phase. This provides greater flexibility to preserve capital, withstand operating losses, and consider future funding or investment decisions without substantial leverage constraints.
Read all positive factors
Prominence Energy Limited (PRM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$2.71M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)0.2
Beta (1Y)-0.86
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees4
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,707,667,200
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.21
Price to Sales (P/S)0.00
P/FCF Ratio-1.49
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
Prominence Energy Limited Business Overview & Revenue Model
Company Description
Prominence Energy Ltd is an enterprise dedicated to the exploration, development, and production of oil and gas resources across Australia and the United States. The company's portfolio includes full ownership (100% working interest) of the Bowspr...
How the Company Makes Money
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Prominence Energy Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 6.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.10K | 6.00 | -946.00 | 0.00 | 0.00 |
| EBITDA | -1.21M | -1.04M | -7.83M | 7.79M | -10.55M |
| Net Income | 17.00M | -1.16M | -7.84M | -980.00K | -10.71M |
Balance Sheet | |||||
| Total Assets | 6.40M | 1.58M | 2.35M | 8.13M | 9.33M |
| Cash, Cash Equivalents and Short-Term Investments | 1.72M | 414.37K | 1.13M | 747.43K | 2.81M |
| Total Debt | 0.00 | 7.60K | 22.28K | 0.00 | 0.00 |
| Total Liabilities | 105.41K | 127.04K | 517.52K | 612.94K | 843.52K |
| Stockholders Equity | 6.29M | 1.45M | 1.83M | 7.52M | 8.49M |
Cash Flow | |||||
| Free Cash Flow | -900.55K | -1.38M | -1.65M | -2.29M | -13.42M |
| Operating Cash Flow | -900.55K | -1.24M | -948.99K | -952.24K | -894.63K |
| Investing Cash Flow | -578.12K | -139.54K | -728.91K | -1.13M | -12.62M |
| Financing Cash Flow | 2.78M | 666.75K | 2.06M | 2.08M | 13.33M |
Prominence 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% | |
50 Neutral | AU$2.71M | 0.15 | 269.40% | ― | ― | ― | |
44 Neutral | AU$4.88M | -0.12 | 523.36% | ― | -35.27% | -576.00% | |
44 Neutral | AU$4.33M | -1.59 | -24.23% | ― | ― | -75.00% | |
42 Neutral | AU$3.38M | -7.27 | -30.11% | ― | ― | 44.72% | |
40 Underperform | AU$6.08M | -1.43 | 178.28% | ― | -86.05% | 43.24% |
* Energy Sector Average
AU:PRM
Prominence Energy Limited
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AU:AOK
Sacgasco
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AU:VEN
Vintage Energy Ltd.
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AU:FEL
IPB Petroleum Ltd.
0.01
0.00
0.00%
AU:KEY
Key Petroleum Limited
0.08
0.04
86.05%
Prominence Energy Limited Corporate Events
Prominence Energy Overhauls Board as It Advances Helium and Hydrogen Strategy
Oct 6, 2026
Prominence Energy Limited has begun a board renewal process that will see Chair Ian McCubbing retire on 31 October 2026, with current director Bevan Tarrant stepping up as Non-Executive Chairman. Non-Executive Director Troy Hayden will also retire...
Prominence Energy Details 2026 Corporate Governance Framework
Sep 30, 2026
Prominence Energy Limited has detailed its corporate governance framework for the year to 30 June 2026, underscoring the Board’s commitment to high standards and alignment with the ASX Corporate Governance Council’s principles. The com...
Prominence Energy Details Governance and Advisory Network in Annual Report
Sep 30, 2026
Prominence Energy Ltd, an ASX-listed energy company based in Perth, maintains a non-executive board and joint company secretaries to oversee its operations and governance. The firm engages Australian and U.S. legal advisers, auditors, and corporat...
Prominence Energy director restructures indirect holdings after Hartshead resignation
Sep 29, 2026
Prominence Energy Limited has reported a change in director Bevan Tarratt’s indirect interests in the company’s securities following his resignation from Hartshead Resources NL, where he served as Executive Chairman. As a result, Tarra...
Prominence Energy Secures Maiden Hydrogen and Helium Resource Estimate at Eyre Project
Sep 14, 2026
Prominence Energy has received an independent assessment from RISC Advisory defining maiden prospective resources at its Eyre Project of 202.8 billion standard cubic feet of hydrogen and 9.2 billion standard cubic feet of helium on an unrisked P50...
Prominence Energy Marks Key Milestone as It Advances Helium and Hydrogen Drilling Plans
Aug 11, 2026
Prominence Energy Limited, an Australian exploration company, is developing helium and natural hydrogen resources in South Australia via its Eyre and Northern Hinge projects. The company aims to build a portfolio of technically robust drilling pro...
Prominence Energy Secures Native Title Deal to Unlock Major Gawler Hydrogen and Helium Acreage
Jul 30, 2026
Prominence Energy has reached a key milestone by finalising negotiations for an Indigenous Land Use Agreement with the Arabana Aboriginal Corporation, clearing the way for the award of four Petroleum Exploration Licence Applications in South Austr...
Prominence Energy Plans Issue of 20 Million ASX-Listed Options
Jul 30, 2026
Prominence Energy Limited has notified the ASX of a proposed placement involving up to 20 million options, each expiring on 24 June 2029 with an exercise price of $0.004. The new securities, carrying the code PRMAH, are scheduled for issue on 13 O...
Prominence Energy Names Darren Olsen Part-Time CFO to Support Financial Strategy
Jul 29, 2026
Prominence Energy Limited has appointed Darren Olsen as part-time Chief Financial Officer, bringing over 25 years of experience in taxation, business advisory and corporate finance, with CPA accreditation. The board expects his financial managemen...
Prominence Energy Advances SA Helium and Hydrogen Portfolio With Strong Quarter
Jul 29, 2026
Prominence Energy reported a pivotal June quarter in advancing its South Australian helium and natural hydrogen portfolio toward drilling planned for mid-2027. The company completed its first on-ground exploration program at PEL 803, moving from d...
Prominence Energy maps capital-efficient path to 2027 helium and hydrogen drilling
Jul 23, 2026
Prominence Energy Limited has outlined a capital-efficient plan to progress its South Australian helium and natural hydrogen portfolio toward drilling targeted for June or July 2027. The company’s strategy focuses on converting recent explor...
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.