Dune Oil Corp AI Stock Analysis
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Dune Oil Corp (DUNE) AI Stock Analysis
Dune Oil Corp
(CNQX:DUNE)
The score is pressured primarily by weak financial performance (sharp revenue decline, large losses, and negative equity), which materially increases balance sheet and execution risk. Technicals add further downside bias with the stock trading below key moving averages and a negative MACD. Valuation is also unattractive due to a negative P/E and no dividend yield data.
Dune Oil Corp (DUNE) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 5.26M
- Dividend Yield
- ―
- Average Volume (3M)
- 112.12K
- Price to Earnings (P/E)
- -0.1
- Beta (1Y)
- 0.82
- Revenue Growth
- -78.35%
- EPS Growth
- -284.79%
- Country
- Canada
- Employees
- 10
- Sector
- Energy
- Sector Strength
- 65
- Industry
- Oil & Gas Exploration & Production
Dune Oil Corp Business Overview & Revenue Model
Company Description
Dune Oil Corp., an oil and gas exploration company, focuses on the exploration and development of oil and natural gas in Türkiye. It holds interest in M47 Block that covers an area of 450 square kilometer located in Turkiye. The company was formerly...
How the Company Makes Money
Trillion Energy primarily makes money by producing and selling hydrocarbons (mainly natural gas and, to a lesser extent, oil) from its operated and non-operated upstream assets. Its key revenue stream is the sale of produced natural gas from the SASB...
Dune Oil Corp Financial Statement Overview
Summary
Financial performance is very weak: revenue is down sharply (~33% TTM vs prior annual period), profitability has deteriorated to deeply negative margins, and equity is negative (~-$39.8M), raising financing/dilution risk. Positive but modest TTM operating cash flow (~$0.6M) and free cash flow (~$1.1M) provide limited near-term support, though cash generation has also declined (~36% TTM).
Income Statement
12Very NegativeBalance Sheet
9Very NegativeCash Flow
28Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.88M | 2.88M | 7.00M | 16.80M | 9.38M | 3.70M |
| Gross Profit | 31.51K | 2,354 | 68.71K | 7.14M | 4.21M | 818.04K |
| EBITDA | -48.10M | -49.41M | -2.73M | 8.30M | -4.45M | -2.96M |
| Net Income | -49.22M | -49.22M | -9.13M | -1.10M | -8.87M | -2.18M |
Balance Sheet | ||||||
| Total Assets | 3.10M | 3.10M | 54.86M | 58.61M | 37.02M | 7.16M |
| Cash, Cash Equivalents and Short-Term Investments | 430.31K | 430.31K | 599.21K | 1.19M | 926.06K | 1.03M |
| Total Debt | 16.80M | 16.80M | 15.77M | 13.94M | 175.16K | 664.37K |
| Total Liabilities | 42.00M | 42.00M | 40.72M | 36.40M | 16.39M | 6.42M |
| Stockholders Equity | -38.90M | -38.90M | 14.15M | 22.21M | 20.63M | 741.08K |
Cash Flow | ||||||
| Free Cash Flow | 965.34K | 1.23M | -5.71M | -1.59M | 6.34M | -2.06M |
| Operating Cash Flow | 1.24M | 1.24M | -5.70M | -1.53M | 7.03M | -1.88M |
| Investing Cash Flow | -790.63K | -790.63K | 777.13K | -18.78M | -37.43M | -181.84K |
| Financing Cash Flow | -547.98K | -547.98K | 3.72M | 20.59M | 30.12M | 2.66M |
Dune Oil Corp Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DUNE, the sentiment is Negative. The current price of 0.10 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.13, and below the 200-day MA of 0.15, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 42.31 is Neutral, neither overbought nor oversold. The STOCH value of 7.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DUNE.
Dune Oil Corp Risk Analysis
Dune Oil Corp disclosed 23 risk factors in its most recent earnings report. Dune Oil Corp reported the most risks in the "Finance & Corporate" category.
- Finance & Corporate12
- Legal & Regulatory2
- Production6
- Ability to Sell1
- Macro & Political2
Latest Risks Added
0 New RisksDune Oil Corp Peers Comparison
Overall Rating
TSE:WCE53Neutral
TSE:BNG50Neutral- TSE:DUNE41Neutral
TSE:TAO37Underperform
TSE:OIL32Underperform
TSE:PNN27.1Underperform
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% |
| TSE:WCE | 53Neutral | CAD 4.74M | 18.64 | 24.45% | ― | 50.89% | ― |
| TSE:BNG | 50Neutral | CAD 18.51M | -6.48 | -13.00% | ― | 7.00% | 27.59% |
| TSE:DUNE | 41Neutral | CAD 5.72M | -0.06 | 376.62% | ― | -78.35% | -284.79% |
| TSE:TAO | 37Underperform | CAD 11.98M | -1.49 | -12.06% | ― | -14.21% | 37.17% |
| TSE:OIL | 32Underperform | CAD 2.10M | -0.37 | -70.77% | ― | ― | ― |
| TSE:PNN | 27Underperform | CAD 3.34M | -1.16 | 74.77% | ― | ― | ― |
* Energy Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:DUNE | Dune Oil Corp. | 0.10 | -0.05 | -36.24% | |
| TSE:BNG | Bengal Energy | 0.04 | 0.03 | 250.00% | |
| TSE:PNN | Pennine Petroleum | 0.06 | 0.00 | 0.00% | |
| TSE:TAO | TAG Oil | 0.04 | -0.08 | -70.83% | |
| TSE:WCE | Wescan Energy | 0.10 | 0.03 | 40.00% | |
| TSE:OIL | Permex Petroleum Corp | 3.81 | -1.09 | -22.24% |
Dune Oil Corp Corporate Events
Dune Oil to Spotlight Türkiye M47 Block in London and Virtual Investor Events
PositiveDune Oil Corp. will showcase its M47 oil exploration block in southeastern Türkiye to investors at Market Bridge Live in London on November 4, 2026, and at the Oil & Gas Virtual Investor Conference on November 5, 2026. Chief executive Scott Lower pla...
Dune Oil launches $8.3 million financing to advance Turkish onshore oil project
PositiveDune Oil Corp. has launched a brokered listed issuer financing exemption private placement of units priced at $0.10, seeking gross proceeds of up to $8.3 million, with each unit comprising a common share and a three-year warrant exercisable at $0.125...
Dune Oil Wipes Out Debenture Debt to Fund Turkish M47 Oil Project
PositiveDune Oil Corp has converted its legacy 12.0% convertible debentures into 93,333,334 common shares at C$0.15 each, extinguishing approximately C$14 million in principal and interest and eliminating its largest liability. The move substantially delever...
Dune Oil Advances Türkiye Seismic Program, Restructures Debt and Upsizes Financing
PositiveDune Oil Corp. has advanced US$200,000 to kick off its 2026 seismic program on the M47 Block in Türkiye and agreed to fund a further US$4.1 million for the initial 2027 post-seismic work program, with no additional payments due until late 2027. The n...
Dune Oil Updates OTC Symbol and Raises Capital for Türkiye Exploration
PositiveDune Oil Corp. has adopted a new OTCQB trading symbol, DUNXF, for its common shares in the U.S., an administrative change that leaves its Canadian and Frankfurt listings unchanged and requires no action from shareholders. The move reinforces the comp...
Dune Oil Boosts Board and Management Ahead of November AGM
PositiveDune Oil has scheduled its 2026 annual general meeting for November 16, 2026, and will use electronic notice-and-access for proxy materials filed on SEDAR+ and posted on its website. Shareholders will be asked to set the board at six directors, elect...
Dune Oil Advances Gabar Block Seismic Plans and Sets Investor Presentation at EnerCom Denver
PositiveDune Oil Corp. has completed contractor site visits at its Gabar Block in southeastern Türkiye ahead of a planned 2D seismic acquisition program. The field inspections, conducted with contractors, service providers, and partners, finalized the techni...
Dune Oil Pushes Ahead with High-Potential Gabar Block in Türkiye
PositiveDune Oil Corp. is advancing its Gabar Block oil discovery in southeastern Türkiye, where an independent evaluation has assigned the North Prospect a 2C contingent resource of 27.6 million barrels of light oil and total unrisked resource potential of...
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 31, 2026