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Oilex Ltd (SYN) AI Stock Analysis

18 Followers
GB:SYN

Oilex Ltd

(LSE:SYN)

Select Model
Rating:42Neutral
Price Target:GBX 0.01â–²(11.11% Upside)
Action:reiterated
Date:11/05/26

The overall score reflects a highly distressed operational profile. Massive net losses, negative gross margins, and a negative P/E ratio are the primary drags on the score. While minimal debt and a recent positive cash flow provide slight financial relief, stagnant technical momentum underscores the significant risks associated with the stock.

Positive Factors
Low leverageA relatively conservative balance sheet gives Oilex greater financial flexibility than a highly leveraged operator. Low debt obligations can reduce refinancing pressure and preserve capacity to fund field activities or withstand periods of weak operating performance.
Negative Factors
Persistently negative gross profitNegative gross profit across the reported periods indicates that revenue has not covered direct operating costs. This is a fundamental constraint on the business model because even substantial production or revenue growth may not create durable value without a structural improvement in unit economics.

Oilex Ltd (SYN) vs. iShares MSCI United Kingdom ETF (EWC)

-60%-40%-20%0%20%40%GB:SYN-50.00%EWC+21.08%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
GBP 1.09M
Dividend Yield
―
Average Volume (3M)
27.21M
Price to Earnings (P/E)
-0.2
Beta (1Y)
-0.29
Revenue Growth
280.76%
EPS Growth
-233.33%
Country
UK
Employees
29
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Exploration & Production

Oilex Ltd Business Overview & Revenue Model

Company Description

Synergia Energy Ltd is an energy company involved in the full spectrum of oil and gas operations, from exploration and appraisal to development, production, and marketing across its operating regions in Australia, India, and Indonesia. A significant...

Oilex Ltd Financial Statement Overview

Summary

The company exhibits a highly distressed financial profile with massive net losses and deeply negative gross margins. This is only partially mitigated by a very low debt-to-equity ratio of 0.04 and a recent transition to positive free cash flow.

Income Statement

15Very Negative

Balance Sheet

45Neutral

Cash Flow

65Positive
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue1.07M1.09M292.18K638.46K1.30M141.44K
Gross Profit-297.48K-465.08K-231.48K-410.54K-1.27M-1.05M
EBITDA-7.62M-2.88M-3.49M-1.13M-4.98M-1.26M
Net Income-10.83M-11.03M4.99M-2.80M-5.38M-2.06M
Balance Sheet
Total Assets13.07M13.07M23.90M19.87M18.98M25.78M
Cash, Cash Equivalents and Short-Term Investments1.12M1.12M581.03K1.07M938.59K4.91M
Total Debt331.17K331.17K01.74M774.67K451.36K
Total Liabilities5.59M5.59M4.94M9.91M8.64M11.19M
Stockholders Equity7.48M7.48M9.06M9.96M10.34M14.58M
Cash Flow
Free Cash Flow675.08K879.38K-6.16M-3.36M-5.38M-4.84M
Operating Cash Flow845.54K879.38K-3.91M-2.75M-5.37M-4.80M
Investing Cash Flow-1.25M-1.26M1.23M-608.95K-3,227-2.58M
Financing Cash Flow329.62K335.55K826.09K3.47M1.54M7.80M

Oilex Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

GB:SYN against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
GB:BUCEGB:BUCE42NeutralGBP 2.20M-1.09123.80%―-20.00%50.00%
GB:SYNGB:SYN42NeutralGBP 1.09M-0.23-85.10%―280.76%-233.33%
GB:PETGB:PET38UnderperformGBP 1.66M-5.9938.44%――42.31%
GB:BCEGB:BCE37UnderperformGBP 2.99M-0.59-175.62%―――

* Energy Sector Average

Performance Comparison

-75%-50%-25%0%25%GB:SYNGB:ADMEGB:BUCEGB:BCEGB:PETDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
GB:SYN and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:SYNOilex Ltd0.01-0.01-50.00%
GB:ADMEADM Energy plc0.01-0.04-78.18%
GB:BUCENostra Terra Oil and Gas0.010.000.00%
GB:BCEAdvance Energy Plc2.40-1.50-38.45%
GB:PETPetrel Resources0.80-0.02-2.44%

Oilex Ltd Corporate Events

Business Operations and Strategy

Synergia Energy Sets Late-November Spud for New Cambay C-79 Well in India

Positive
Oct 1, 2026

Synergia Energy Ltd, together with joint venture partner Antelopus Selan Energy Limited, is advancing development of its Cambay PSC in India by planning the C-79 well targeting the Eocene reservoir near the existing producing C-19z well. The planned...

Business Operations and Strategy

Synergia boosts Cambay gas output with new pipeline tie-ins

Positive
Aug 25, 2026

Synergia Energy has completed the tie-in of associated gas from several legacy wells at its Cambay PSC into a new in-field pipeline network feeding the C-73 gas export facility. This infrastructure upgrade integrates production from the C-19z and C-6...

Business Operations and Strategy

Synergia boosts Cambay gas output with new pipeline ties

Positive
Aug 25, 2026

Synergia Energy Ltd is an AIM-listed oil and gas company focused on upstream production and development, with a key asset being its 50% working interest in the Cambay Production Sharing Contract in India. The company’s operations centre on exploiting...

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: Nov 04, 2026