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Prominence Energy Limited (PRM) AI Stock Analysis
Prominence Energy Limited
(ASX:PRM)
The overall score is the minimum of 37, reflecting a highly speculative, pre-revenue company with no demonstrated ability to generate sales or operational cash flow. The primary driver is the critically weak financial performance, marked by persistent losses and cash burn. The lack of any meaningful technical or valuation support, due to missing data and distorted metrics, reinforces the lowest possible assessment.
Prominence Energy Limited (PRM) vs. iShares MSCI Australia ETF (EWA)
Not enough price history over this period.
- Market Cap
- AUD 2.71M
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- 0.2
- Beta (1Y)
- -1.39
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Australia
- Employees
- 4
- Sector
- Energy
- Sector Strength
- 65
- Industry
- Oil & Gas Exploration & Production
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 Bowsprit...
How the Company Makes Money
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Prominence Energy Limited Financial Statement Overview
Summary
Financial performance is critically weak. The company has virtually no operating revenue, persistent operating losses, and consistently negative operating cash flow. The only minor positive is a debt-free balance sheet with a recent equity injection, but this does not offset the complete lack of a sustainable, cash-generating business.
Income Statement
8Very NegativeBalance Sheet
55NeutralCash Flow
10Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 6 | 0 | 0 | 0 |
| Gross Profit | -2,098 | -2,098 | 6 | -946 | 0 | 0 |
| EBITDA | -1.21M | -1.21M | -1.04M | -7.83M | 7.79M | -10.55M |
| Net Income | 17.00M | 17.00M | -1.16M | -7.84M | -980.00K | -10.71M |
Balance Sheet | ||||||
| Total Assets | 6.40M | 6.40M | 1.58M | 2.35M | 8.13M | 9.33M |
| Cash, Cash Equivalents and Short-Term Investments | 1.72M | 1.72M | 414.37K | 1.13M | 747.43K | 2.81M |
| Total Debt | 0 | 0 | 7,600 | 22.28K | 0 | 0 |
| Total Liabilities | 105.41K | 105.41K | 127.04K | 517.52K | 612.94K | 843.52K |
| Stockholders Equity | 6.29M | 6.29M | 1.45M | 1.83M | 7.52M | 8.49M |
Cash Flow | ||||||
| Free Cash Flow | -900.55K | -900.55K | -1.38M | -1.65M | -2.29M | -13.42M |
| Operating Cash Flow | -900.55K | -900.55K | -1.24M | -948.99K | -952.24K | -894.63K |
| Investing Cash Flow | -578.12K | -578.12K | -139.54K | -728.91K | -1.13M | -12.62M |
| Financing Cash Flow | 2.78M | 2.78M | 666.75K | 2.06M | 2.08M | 13.33M |
Prominence Energy Limited Peers Comparison
Overall Rating
AU:FEL44Neutral
AU:VEN39Underperform
AU:PRM37Underperform
AU:AOK37Underperform
AU:KEY30Underperform
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% |
| 44Neutral | AUD 5.20M | -1.59 | -24.23% | ― | ― | -75.00% | |
| 39Underperform | AUD 2.44M | -0.06 | 523.36% | ― | -35.27% | -576.00% | |
| 37Underperform | AUD 2.71M | 0.15 | 269.40% | ― | ― | ― | |
| 37Underperform | AUD 7.29M | -2.14 | 178.28% | ― | -86.05% | 43.24% | |
| 30Underperform | AUD 3.47M | -7.45 | -30.11% | ― | ― | 44.72% |
* Energy Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:PRM | Prominence Energy Limited | ― | ― | ― | |
| AU:AOK | Sacgasco Limited | ― | ― | ― | |
| AU:VEN | Vintage Energy Ltd. | ― | ― | ― | |
| AU:FEL | IPB Petroleum Ltd. | 0.01 | 0.00 | 0.00% | |
| AU:KEY | Key Petroleum Limited | 0.08 | 0.02 | 30.16% |
Prominence Energy Limited Corporate Events
Prominence Energy Overhauls Board as It Advances Helium and Hydrogen Strategy
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 at...
Prominence Energy Details 2026 Corporate Governance Framework
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 compan...
Prominence Energy Details Governance and Advisory Network in Annual Report
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 corporate m...
Prominence Energy director restructures indirect holdings after Hartshead resignation
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, Tarratt...
Prominence Energy Secures Maiden Hydrogen and Helium Resource Estimate at Eyre Project
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 ba...
Prominence Energy Marks Key Milestone as It Advances Helium and Hydrogen Drilling Plans
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 prospe...
Prominence Energy Secures Native Title Deal to Unlock Major Gawler Hydrogen and Helium Acreage
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 Australi...
Prominence Energy Plans Issue of 20 Million ASX-Listed Options
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 Octo...
Prominence Energy Names Darren Olsen Part-Time CFO to Support Financial Strategy
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 management e...
Prominence Energy Advances SA Helium and Hydrogen Portfolio With Strong Quarter
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 desk...
Prominence Energy maps capital-efficient path to 2027 helium and hydrogen drilling
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 explorati...
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: Oct 07, 2026