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Mosman Oil and Gas (QHE) AI Stock Analysis

GB:QHE

Mosman Oil and Gas

(LSE:QHE)

Select Model
Rating:45Neutral
Price Target:GBX 2.00â–²(17.65% Upside)
Action:reiterated
Date:09/24/26

The score is held down primarily by weak financial performance (loss-making operations and persistent cash burn) and bearish technicals (price below key moving averages with negative MACD). A debt-free balance sheet with positive equity provides some stability, but negative earnings and no dividend limit valuation support.

Positive Factors
Debt-free balance sheetZero reported debt reduces refinancing and solvency risk, giving Mosman greater financial flexibility through the next several quarters. Positive and rising equity also supports the asset base, allowing the company to pursue development without the immediate burden of substantial debt service.
Negative Factors
Persistent cash burnPersistent negative operating and free cash flow means the core business is consuming cash rather than funding itself. Continued burn can create recurring funding needs, restrict investment in drilling and development, and reduce the practical benefit of the debt-free balance sheet.

Mosman Oil and Gas (QHE) vs. iShares MSCI United Kingdom ETF (EWC)

-50%-25%0%25%50%75%100%GB:QHE-31.42%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
GBP 5.62M
Dividend Yield
―
Average Volume (3M)
3.84M
Price to Earnings (P/E)
-3.1
Beta (1Y)
-0.55
Revenue Growth
48.53%
EPS Growth
77.27%
Country
UK
Employees
0
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

Mosman Oil and Gas Business Overview & Revenue Model

Company Description

Quantum Helium Limited, operating alongside its subsidiary entities, is engaged in the prospecting, development, and extraction of oil and gas assets across Australia and the United States. The company's primary exploration focus encompasses helium,...

Mosman Oil and Gas Financial Statement Overview

Summary

Overall fundamentals are weak despite a strong balance-sheet feature. Income statement and cash flow are pressured with negative gross profit, deeper operating/net losses in the latest period, and persistently negative operating and free cash flow (ongoing cash burn). The main offset is the balance sheet: zero reported debt and positive equity reduce solvency/refinancing risk, but the business is not yet converting that into profitability.

Income Statement

18Very Negative

Balance Sheet

72Positive

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMJun 2025Jun 2025Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue963.06K503.57K725.21K186.23K572.17K1.81M
Gross Profit-464.07K281.48K-1.06M76.36K221.29K695.10K
EBITDA-8.71M-2.53M-3.40M-1.33M-1.86M-2.19M
Net Income-10.27M-10.32M-3.42M-2.14M-2.13M-2.45M
Balance Sheet
Total Assets15.00M5.24M15.00M9.45M8.67M8.60M
Cash, Cash Equivalents and Short-Term Investments10.54M4.00M10.54M873.37K575.97K2.41M
Total Debt000000
Total Liabilities873.39K921.18K873.39K2.41M1.38M1.32M
Stockholders Equity14.13M4.32M14.13M7.04M7.29M7.28M
Cash Flow
Free Cash Flow-7.22M-4.31M-5.87M-1.47M-3.63M-2.08M
Operating Cash Flow-2.91M-1.52M-3.19M-528.77K-1.21M-495.29K
Investing Cash Flow-4.55M-2.03M-2.92M-962.15K-2.57M-1.59M
Financing Cash Flow10.94M6.49M12.95M1.86M1.93M2.04M

Mosman Oil and Gas Technical Analysis

Technical Analysis SentimentNeutral
Last Price1.70

Price Trends

50DMA1.76Negative
100DMA2.27Negative
200DMA2.84Negative

Market Momentum

MACD-0.01Negative
RSI52.01Neutral
STOCH79.84Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:QHE, the sentiment is Neutral. The current price of 1.70 is above the 20-day moving average (MA) of 1.58, below the 50-day MA of 1.76, and below the 200-day MA of 2.84, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 52.01 is Neutral, neither overbought nor oversold. The STOCH value of 79.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:QHE.

Mosman Oil and Gas Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

GB:QHE against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
GB:TRPGB:TRP51NeutralGBP 6.55M-0.32-84.80%――-400.00%
GB:ORCAGB:ORCA49NeutralGBP 11.64M-12.29-79.98%――1.67%
GB:QHEGB:QHE45NeutralGBP 8.50M-3.10-32.12%―48.53%77.27%
GB:PPPGB:PPP43NeutralGBP 9.57M-11.0325.69%―-100.00%32.00%
GB:CADGB:CAD41NeutralGBP 10.05M-4.78-10.22%―8.44%53.11%
GB:ANGSGB:ANGS36UnderperformGBP 14.42M-17.52-1.67%―-22.80%95.24%

* Energy Sector Average

Performance Comparison

-50%0%50%GB:QHEGB:ANGSGB:CADGB:TRPGB:PPPGB:ORCADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
GB:QHE and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:QHEMosman Oil and Gas1.70-0.70-29.17%
GB:ANGSAngus Energy0.18-0.06-25.00%
GB:CADCadogan Petroleum4.000.308.11%
GB:TRPTower Resources (UK)0.01-0.02-56.25%
GB:PPPPennpetro Energy Plc9.00-0.55-5.76%
GB:ORCAOrcadian Energy Plc14.50-2.00-12.12%

Mosman Oil and Gas Corporate Events

Business Operations and StrategyFinancial Disclosures

Quantum Helium lifts 2026 oil revenue above full-year 2025 as Sagebrush output underpins helium strategy

Positive
Oct 20, 2026

Quantum Helium Limited reported that oil revenue from its Sagebrush Project in Colorado for the first nine months of 2026 reached US$500,765, about 23% above the total oil revenue generated in 2025, supported by higher oil prices and unhedged sales....

Business Operations and Strategy

Quantum Helium Finalises Engineering for Sagebrush-1 Stimulation Push

Positive
Oct 15, 2026

Quantum Helium Limited has advanced preparations for a larger-volume, propped fracture stimulation and flow-testing programme at its Sagebrush-1 helium discovery in Colorado, where it holds a 90% working interest. Detailed engineering and design work...

Business Operations and StrategyExecutive/Board ChangesShareholder Meetings

Quantum Helium Sets AGM as Colorado Helium Portfolio Advances

Positive
Oct 14, 2026

Quantum Helium Limited has called its Annual General Meeting for 12 November 2026 in Sydney and circulated its AGM notice and proxy materials to shareholders, with voting instructions set for both direct holders and those with Depositary Interests. T...

Business Operations and Strategy

Quantum Helium Directors Increase Shareholdings, Underscoring Stake in Growth Plans

Positive
Sep 30, 2026

Quantum Helium Limited has disclosed a series of share purchases by its board members, signalling increased insider alignment with shareholders. Executive Chairman Carl Dumbrell acquired 1,616,220 shares over three trades, lifting his beneficial hold...

Business Operations and StrategyDelistings and Listing Changes

Quantum Helium Steps Up Colorado Fracking Plan and Secures U.S. Quotation

Positive
Sep 22, 2026

Quantum Helium is advancing the next phase of development at its Sagebrush Project in Colorado, where specialist adviser IPT Well Solutions has recommended a larger-volume conventional propped fracture stimulation of the Upper Leadville interval to i...

Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing

Quantum Helium Strengthens Finances as Colorado Helium and Oil Strategy Takes Shape

Positive
Sep 11, 2026

Quantum Helium reported a sharp improvement in its FY26 financials, with revenue from continuing operations rising to AUD 725,000 on stronger Sagebrush oil production and net loss narrowing to AUD 3.423 million. Year‑end cash jumped to AUD 10.5...

Business Operations and Strategy

Quantum Helium Updates Investors on Sagebrush Development Strategy

Positive
Aug 25, 2026

Quantum Helium Limited has released an updated investor presentation outlining its Colorado helium and oil portfolio and recent operational progress at the Sagebrush project. The materials highlight the company’s broader U.S. and Australian foo...

Business Operations and StrategyDelistings and Listing ChangesRegulatory Filings and Compliance

Quantum Helium advances Sagebrush engineering and expands Colorado drilling pipeline

Positive
Aug 24, 2026

Quantum Helium reported progress on engineering work at its Sagebrush project, where an extended production test confirmed helium-bearing gas of about 2.5%, strong reservoir connectivity, rapid pressure recovery and commercial oil in the Leadville Fo...

Business Operations and Strategy

Quantum Helium Maps Multi-Year Colorado Exploration Pipeline After 3D Seismic Push

Positive
Aug 3, 2026

Quantum Helium has completed an extensive 3D seismic and data reprocessing programme across its Sagebrush, Coyote Wash and nearby Colorado acreage. The work has moved the company from relying on legacy data to possessing one of the most comprehensive...

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: Sep 24, 2026