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Empyrean Energy (EME) AI Stock Analysis

GB:EME

Empyrean Energy

(LSE:EME)

Select Model
Rating:40Underperform
Price Target:GBX 0.04â–²(0.00% Upside)
Action:downgraded
Date:10/30/26

The score is driven primarily by severely weak financial performance, including no revenue, negative equity, ongoing losses, and persistent cash burn. Weak technical momentum and limited valuation support further constrain the score.

Positive Factors
Improving Net LossesThe substantial reduction in annual losses indicates that the company has lowered the scale of earnings impairment from its 2023 trough. Although profitability remains negative, continued cost control or normalization could improve financial resilience if exploration assets progress toward commercial value.
Negative Factors
No Reported RevenueThe absence of reported revenue means Empyrean has not yet demonstrated a recurring operating income base to fund exploration, corporate costs, or future development. Until production or asset monetisation becomes material, financial performance remains dependent on external funding and project success.

Empyrean Energy (EME) vs. iShares MSCI United Kingdom ETF (EWC)

-75%-50%-25%0%25%50%75%100%125%GB:EME-41.54%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
GBP 2.20M
Dividend Yield
―
Average Volume (3M)
257.96M
Price to Earnings (P/E)
0.0
Beta (1Y)
0.93
Revenue Growth
―
EPS Growth
71.43%
Country
UK
Employees
4
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

Empyrean Energy Business Overview & Revenue Model

Company Description

Empyrean Energy Plc specializes in identifying, advancing, and extracting energy resources. The company's portfolio includes a complete 100% working interest in the Block 29/11 project, situated in the Pearl River Mouth Basin off the coast of China....

How the Company Makes Money

Empyrean Energy’s primary path to generating revenue is typical of an upstream E&P company: (1) production revenue (if/when any of its assets reach commercial production), earned from selling produced crude oil, condensate, and/or natural gas, usuall...

Empyrean Energy Financial Statement Overview

Summary

Financial performance is at the minimum score because the company has had no revenue for six consecutive annual periods, recurring operating and free-cash-flow deficits, persistent losses, negative equity since 2024, and debt exceeding its asset base. Reduced losses and cash burn provide only limited mitigation.

Income Statement

18Very Negative

Balance Sheet

6Very Negative

Cash Flow

20Very Negative
Financial statement breakdown
BreakdownTTMMar 2025Sep 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue000000
Gross Profit000000
EBITDA-633.00K-1.04M00-18.49M-149.00K
Net Income-3.34M-2.74M-3.35M-9.59M-20.80M-8.11M
Balance Sheet
Total Assets8.85M8.30M7.49M6.35M24.96M15.19M
Cash, Cash Equivalents and Short-Term Investments3.06M2.34M1.68M981.00K83.00K19.00K
Total Debt9.84M10.32M8.94M7.59M4.13M4.13M
Total Liabilities12.87M13.51M12.06M10.71M6.29M778.00K
Stockholders Equity-4.00M-5.21M-4.57M-4.36M2.30M18.68M
Cash Flow
Free Cash Flow-2.44M-1.14M-2.35M-1.79M-15.27M-1.99M
Operating Cash Flow-1.07M-1.14M-937.00K-827.00K-882.00K-831.00K
Investing Cash Flow-1.59M-366.48K-1.42M-964.00K-16.37M-16.37M
Financing Cash Flow5.01M2.14M3.02M2.69M2.42M17.11M

Empyrean Energy Technical Analysis

Technical Analysis SentimentNegative
Last Price0.04

Price Trends

50DMA0.05Negative
100DMA0.05Negative
200DMA0.06Negative

Market Momentum

MACD-0.00Negative
RSI43.84Neutral
STOCH56.30Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:EME, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 43.84 is Neutral, neither overbought nor oversold. The STOCH value of 56.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:EME.

Empyrean Energy Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

GB:EME against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
GB:CLONGB:CLON44NeutralGBP 1.15M-2.23-317.61%―――
GB:WCATGB:WCAT43NeutralGBP 2.40M-8.57-265.61%――50.00%
GB:EMEGB:EME40UnderperformGBP 2.97M0.0059.51%――71.43%
GB:PETGB:PET38UnderperformGBP 1.66M-6.0038.44%――42.31%
GB:TOMGB:TOM37UnderperformGBP 1.99M-1.91-2836.84%――93.33%

* Energy Sector Average

Performance Comparison

-50%0%50%100%GB:EMEGB:CLONGB:TOMGB:PETGB:WCATDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
GB:EME and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:EMEEmpyrean Energy0.04-0.03-41.54%
GB:CLONClontarf Energy0.01-0.01-44.00%
GB:TOMTomCo Energy0.02-0.04-63.33%
GB:PETPetrel Resources0.80-0.05-5.88%
GB:WCATWildcat Petroleum Plc0.080.000.00%

Empyrean Energy Corporate Events

Business Operations and Strategy

Empyrean Advances Mako Gas Project as Key Infrastructure and Sales Deal Take Effect

Positive
Oct 13, 2026

Empyrean Energy reported that the donor jack-up rig Valaris 104 has arrived at the PaxOcean shipyard in Batam, Indonesia, to be converted into a Mobile Offshore Production Unit for the Mako Gas Project, marking a key logistics milestone after a safe...

Business Operations and StrategyShareholder Meetings

Empyrean Energy Secures Shareholder Backing For All AGM Resolutions

Neutral
Sep 29, 2026

Empyrean Energy PLC reported that all resolutions at its Annual General Meeting on 29 September 2026 were passed by poll, including the receipt of accounts, auditor appointment and remuneration, the re-election of director Gaz Bisht, and authorities...

Business Operations and Strategy

Empyrean Energy Confirms Mako Gas Project on Budget and on Track for 2027 First Gas

Positive
Sep 17, 2026

Empyrean Energy has reported that the Mako Gas Project in Indonesia remains on budget and on schedule to start production in the fourth quarter of 2027, following the completion of several critical development milestones. Key contracts for the Mobile...

Business Operations and StrategyPrivate Placements and Financing

Empyrean Energy Raises £1m to Fund Austrian GOLD-1 Well and Expand Portfolio

Neutral
Sep 16, 2026

Empyrean Energy has raised £1,000,000 through a placing of 2,000,000,000 new shares at 0.05p, with CMC CapX acting as placing agent, to fund its share of costs for the GOLD-1 exploration well in Upper Austria and for general working capital. The...

Business Operations and StrategyPrivate Placements and Financing

Empyrean takes 10% stake in Austrian gas cluster and plans equity raise

Positive
Sep 14, 2026

Empyrean Energy has agreed a binding Heads of Agreement with ADX VIE GmbH to earn a 10% economic interest in the GOLD Cluster shallow gas project in Upper Austria’s Molasse Basin. The cluster, comprising the GOLD, ZAUN and GRAB prospects, will...

Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance

Empyrean Secures Fully Funded Mako Gas Development and Finalises 8.5% Economic Interest

Positive
Sep 10, 2026

Empyrean Energy has announced the completion of Conrad Asia Energy’s farm-down of a 75% non-operated interest in the Duyung PSC to PT Nations Natuna Barat, triggering a US$4 million payment and securing full funding for the Mako Gas Field devel...

Business Operations and StrategyRegulatory Filings and ComplianceShareholder Meetings

Empyrean Energy Sets AGM Date and Updates London Registered Office

Neutral
Sep 4, 2026

Empyrean Energy has scheduled its Annual General Meeting for 29 September 2026 in London and has posted its Annual Report and Accounts, along with AGM notice, to shareholders. The company is also shifting to electronic voting for the AGM, with hard c...

Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresPrivate Placements and Financing

Empyrean Energy Anchors Growth on Fully Funded Indonesian Gas Project

Positive
Sep 2, 2026

Empyrean Energy has reported final results to 31 March 2026, highlighting a pivotal year driven by progress at the Mako Gas Field in Indonesia, where it holds an 8.5% interest. A binding gas sales agreement now directs all Mako gas to Indonesia&#8217...

Business Operations and StrategyRegulatory Filings and Compliance

Empyrean Secures MEMR Approval for 8.5% Interest in Indonesia’s Mako Gas Field

Positive
Aug 11, 2026

Empyrean Energy has secured approval from Indonesia’s Ministry of Energy and Mineral Resources for the transfer of its 8.5% participating interest in the Mako Gas Field, formalising its entitlement to 8.5% of all cash payments to the project op...

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: Oct 30, 2026