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Winchester Energy Ltd (WEL) AI Stock Analysis

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AU:WEL

Winchester Energy Ltd

(ASX:WEL)

Select Model
Rating:40Underperform
Price Target:AUD 0.01â–²(400.00% Upside)
Action:downgraded
Date:08/07/26

The score is held down primarily by weak financial performance, especially falling revenue, ongoing losses, and minimal cash generation. Low debt provides some balance sheet stability, but there is no technical or valuation evidence in the provided data to materially improve the rating.

Positive Factors
Low leverage / balance-sheet flexibilityVery low reported debt relative to equity gives Winchester runway to fund operations or withstand commodity volatility without immediate refinancing. This structural balance-sheet strength preserves optionality for capital allocation, asset maintenance, or opportunistic investments over months.
Negative Factors
Persistent net lossesMulti-year net losses erode retained capital and indicate structural issues converting gross margin into net profit. Ongoing losses constrain reinvestment, limit strategic flexibility, and make external capital raises more dilutive or costly, impairing long-term recovery prospects.

Winchester Energy Ltd (WEL) vs. iShares MSCI Australia ETF (EWA)

Not enough price history over this period.

Market Cap
AUD 1.71M
Dividend Yield
―
Average Volume (3M)
―
Price to Earnings (P/E)
-0.9
Beta (1Y)
-0.91
Revenue Growth
-20.37%
EPS Growth
36.84%
Country
Australia
Employees
41
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

Winchester Energy Ltd Business Overview & Revenue Model

Company Description

Winchester Energy Limited, together with its subsidiaries, acquisition, exploration, and development of oil and gas leases in the United States. Winchester Energy Limited was incorporated in 2014 and is based in Perth, Australia.

Winchester Energy Ltd Financial Statement Overview

Summary

Weak overall performance is driven by sharp revenue decline, persistent net losses, and very poor cash generation. A low-debt balance sheet provides some support, but it is not enough to offset deteriorating profitability and cash flow.

Income Statement

25Negative

Balance Sheet

65Positive

Cash Flow

35Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.40M1.49M1.85M3.12M5.65M3.01M
Gross Profit21.88K-146.85K1.85M1.16M3.49M616.44K
EBITDA-178.12K――-1.92M255.62K263.92K
Net Income-962.27K-1.55M-1.33M-2.56M-574.62K-1.05M
Balance Sheet
Total Assets5.85M5.93M7.11M8.02M10.19M7.50M
Cash, Cash Equivalents and Short-Term Investments141.26K466.42K519.95K219.21K738.99K1.86M
Total Debt64.18K83.20K117.04K77.00K76.84K82.38K
Total Liabilities1.53M1.45M1.27M1.41M1.10M581.55K
Stockholders Equity4.32M4.48M5.84M6.62M9.09M6.92M
Cash Flow
Free Cash Flow43.54K-516.35K-227.22K26.61K-1.66M-1.63M
Operating Cash Flow43.54K-102.53K41.79K366.70K3.04M742.93K
Investing Cash Flow-545.31K115.17K-608.86K-868.40K-4.71M-2.34M
Financing Cash Flow242.31K147.98K560.60K-41.00K-37.71K2.31M

Winchester Energy Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

AU:WEL against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
AU:PRMAU:PRM50NeutralAUD 2.71M0.15269.40%―――
AU:WELAU:WEL40UnderperformAUD 1.71M-0.88-27.74%―-20.37%36.84%
AU:SANAU:SAN38UnderperformAUD 2.05M0.58-31.79%―-36.87%―
AU:AOKAU:AOK37UnderperformAUD 7.29M-2.14178.28%―-86.05%43.24%
AU:KEYAU:KEY30UnderperformAUD 3.47M-7.45-30.11%――44.72%

* Energy Sector Average

Performance Comparison

0%100%200%300%AU:SANAU:KEYDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:WEL and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:WELWinchester Energy Ltd―――
AU:AOKSacgasco Limited―――
AU:PRMProminence Energy Limited―――
AU:SANSagalio Energy Limited0.01-0.01-50.00%
AU:KEYKey Petroleum Limited0.080.0230.16%

Winchester Energy Ltd Corporate Events

Winchester Energy lifts quarterly revenue as Texas waterflood project ramps up

Jul 30, 2026

Winchester Energy reported quarterly net working interest revenue of A$581,780 for the June 2026 quarter, driven by average production of 65 barrels of oil equivalent per day and a sharp increase in realised oil prices to nearly US$98 per barrel. The...

Winchester Energy Updates Registered Office and Business Address

May 31, 2026

Winchester Energy Limited has announced a change to its registered office and principal place of business, which are now located at Ground Floor, 8 St Georges Terrace, Perth, Western Australia. The move, effective immediately and in line with ASX req...

Winchester Energy Shareholders Back All Resolutions at AGM

May 29, 2026

Winchester Energy Limited reported that all resolutions put to shareholders at its Annual General Meeting on 29 May 2026 were carried on a poll. The outcome confirms strong shareholder support for the company’s remuneration report, the re-elect...

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.

Date of analysis: Aug 04, 2026