tiprankstipranks
Trending News
More News >
Elixir Energy Limited (AU:EXR)
ASX:EXR

Elixir Energy Limited (EXR) AI Stock Analysis

Compare
17 Followers

Top Page

AU

Elixir Energy Limited

(Sydney:EXR)

38Underperform
Elixir Energy Limited presents several challenges, primarily in its financial performance with persistent losses and negative cash flow. Technical analysis indicates a bearish trend, compounded by a lack of positive momentum signals. Valuation is challenging due to negative earnings and no dividend yield. The company needs to significantly improve its revenue generation and cost management to enhance its financial and market outlook.

Elixir Energy Limited (EXR) vs. S&P 500 (SPY)

Elixir Energy Limited Business Overview & Revenue Model

Company DescriptionElixir Energy Limited (EXR) is an energy company engaged in the exploration and development of natural resources, primarily focusing on the oil and gas sector. The company operates in various regions, leveraging its expertise to identify and develop energy projects that contribute to sustainable energy solutions. Elixir Energy is committed to advancing its projects through strategic partnerships and innovative technologies to maximize resource potential and shareholder value.
How the Company Makes MoneyElixir Energy Limited generates revenue primarily through the exploration and development of oil and gas assets. The company focuses on identifying promising exploration targets and advancing them through the stages of development to commercialization. Revenue streams are derived from the sale of oil and gas produced from these assets, as well as potential joint ventures or partnerships that provide financial backing and shared expertise. Elixir Energy's earnings are influenced by factors such as commodity prices, operational efficiencies, and successful exploration outcomes. Strategic alliances and partnerships play a crucial role in providing the necessary capital and technology to advance their projects, thereby enhancing their revenue potential.

Elixir Energy Limited Financial Statement Overview

Summary
Elixir Energy Limited faces significant financial challenges, with persistent losses and negative cash flow from operations. While the company has managed to raise capital to support its operations, the ongoing negative profit margins and heavy reliance on financing highlight potential risks. The strong equity base and cash reserves offer some stability, but the company needs to address its revenue generation and cost management to improve its financial health.
Income Statement
30
Negative
Elixir Energy Limited shows a challenging income statement with a history of negative net income and EBIT due to high operational costs and low revenue generation. The revenue for the most recent year is insufficient to cover the operational and exploration expenses, resulting in negative profit margins. Despite some revenue growth in the last year, the consistent negative EBIT and net profit margins indicate financial strain.
Balance Sheet
45
Neutral
Elixir Energy's balance sheet demonstrates a strong equity position relative to its total assets, with a low debt-to-equity ratio, indicating less reliance on debt financing. However, the company’s equity has been declining due to ongoing losses, which could pose a risk if the trend continues. The company maintains a substantial cash reserve, which provides some buffer against its liabilities.
Cash Flow
40
Negative
The cash flow statement highlights negative free cash flow and operating cash flow, reflecting substantial capital expenditures likely tied to exploration activities. Financing activities have been a critical source of liquidity, as indicated by consistent cash inflows in this area. However, the negative operating cash flow to net income ratio suggests operational challenges in generating cash.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.001.67M0.000.000.000.00
Gross Profit
-15.09K1.00M-24.87K-8.39K-1.56K-360.00
EBIT
-2.70M-1.65M-3.28M-2.45M-1.46M-1.93M
EBITDA
-2.63M-1.37M-3.26M-2.44M-1.46M-1.93M
Net Income Common Stockholders
-3.00M-1.59M-2.94M-1.98M-1.51M-1.53M
Balance SheetCash, Cash Equivalents and Short-Term Investments
―7.67M9.56M22.68M32.78M3.30M
Total Assets
―62.34M43.33M44.13M45.18M11.22M
Total Debt
0.006.35M46.96K66.51K0.000.00
Net Debt
―-1.32M-9.51M-22.61M-32.78M-3.30M
Total Liabilities
―8.80M497.07K2.03M1.07M1.01M
Stockholders Equity
―53.54M42.84M42.09M44.11M10.21M
Cash FlowFree Cash Flow
-22.34M-22.77M-13.19M-9.73M-5.11M-4.46M
Operating Cash Flow
-1.31M-1.36M-1.73M-1.60M-1.28M-795.66K
Investing Cash Flow
-12.85M-21.15M-11.46M-8.12M-3.83M-3.67M
Financing Cash Flow
5.53M20.64M-11.01K9.72M34.59M3.41M

Elixir Energy Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.03
Price Trends
50DMA
0.03
Negative
100DMA
0.04
Negative
200DMA
0.07
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
52.76
Neutral
STOCH
57.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EXR, the sentiment is Neutral. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.03, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.76 is Neutral, neither overbought nor oversold. The STOCH value of 57.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:EXR.

Elixir Energy Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUGAL
65
Neutral
AU$21.74M6.257.75%―――
AUORG
62
Neutral
$17.72B12.5114.75%5.68%8.09%-13.99%
AUSTO
61
Neutral
$19.05B10.277.94%6.00%-7.99%-12.27%
AUBPT
56
Neutral
$2.64B28.712.70%4.41%6.43%―
55
Neutral
$7.11B3.51-6.23%6.00%>-0.01%-51.70%
AUEXR
38
Underperform
$37.70M―-5.28%―-100.00%-8.33%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:EXR
Elixir Energy Limited
0.03
-0.10
-79.23%
AU:BPT
Beach Energy Limited
1.16
-0.39
-25.21%
AU:ORG
Origin Energy Limited
10.32
1.12
12.20%
AU:STO
Santos Limited
5.88
-1.40
-19.23%
AU:GAL
Galileo Mining Ltd.
0.11
-0.15
-57.69%

Elixir Energy Limited Corporate Events

Elixir Energy Announces Successful General Meeting Outcomes
Apr 23, 2025

Elixir Energy Limited announced the results of its General Meeting held on April 23, 2025. All resolutions, including the approval to issue shares and options under a Share Purchase Plan and the ratification of prior issues of placement shares and options, were passed by a poll. These outcomes are significant for the company’s strategic financial maneuvers, potentially impacting its market positioning and shareholder value.

Elixir Energy Announces Proxy Results for April 2025 General Meeting
Apr 23, 2025

Elixir Energy Limited has released the proxy results for its General Meeting held on April 23, 2025. The meeting included resolutions on the approval to issue shares and options under a Share Purchase Plan and the ratification of prior issues of placement shares and options under ASX Listing Rules. The outcomes of these resolutions are significant for the company’s strategic financial maneuvers, potentially impacting its market positioning and shareholder value.

Elixir Energy to Live Stream General Meeting for Wider Access
Apr 22, 2025

Elixir Energy Limited has announced that it will live stream its General Meeting on April 23, 2025, allowing virtual attendance via Zoom. However, virtual attendees will not have the ability to vote or ask questions, which requires in-person attendance at their Adelaide office. This move reflects the company’s commitment to accessibility and transparency, potentially enhancing stakeholder engagement.

Elixir Energy Extends Share Purchase Plan Deadline
Apr 15, 2025

Elixir Energy Limited has announced an update regarding its Share Purchase Plan, extending the closing date from April 15, 2025, to April 29, 2025. This extension provides additional time for stakeholders to participate in the securities offering, potentially impacting the company’s capital raising efforts and market positioning.

Elixir Energy Extends Share Purchase Plan Amid Leadership Change
Apr 15, 2025

Elixir Energy Limited has announced an extension of its Share Purchase Plan (SPP) following the appointment of a new CEO and Managing Director, Stuart Nicholls. This extension offers existing shareholders the opportunity to purchase new shares at an issue price of 3.5 cents per share, with additional options attached. The move is seen as a strategic step to capitalize on recent changes in share trading prices and to further develop the company’s position in the Taroom Trough project.

Elixir Energy Extends Share Purchase Plan Amid Management Changes
Apr 15, 2025

Elixir Energy Limited has announced an extension of its Share Purchase Plan (SPP) following the appointment of new management, including CEO and Managing Director Stuart Nicholls. This extension provides existing shareholders the opportunity to purchase new shares at a price of 3.5 cents each, with additional options attached. The move comes amid changes in the company’s share trading price and is seen as a strategic step to capitalize on the company’s momentum in its key projects, potentially offering value to shareholders.

Elixir Energy Extends Share Purchase Plan Deadline
Apr 15, 2025

Elixir Energy Limited has announced an update to its Share Purchase Plan, extending the closing date from April 15, 2025, to April 29, 2025. This extension provides additional time for stakeholders to participate in the securities offering, potentially impacting the company’s capital-raising efforts and market positioning.

Elixir Energy Announces Director Departure and Securities Interests
Apr 14, 2025

Elixir Energy Limited announced the cessation of Neil Young as a director, effective April 14, 2025. The notice details Young’s direct and indirect interests in the company’s securities, including ordinary shares, listed options, and performance rights. This change in directorship could impact the company’s strategic direction and stakeholder confidence, as leadership transitions often influence company operations and market perceptions.

Elixir Energy Appoints New Director Stuart Nicholls
Apr 14, 2025

Elixir Energy Limited has announced the appointment of Stuart Nicholls as a director, effective April 14, 2025. Nicholls holds an indirect interest in 550,000 ordinary shares through Equity Trustees Superannuation Limited. This appointment is part of Elixir Energy’s ongoing efforts to strengthen its leadership team, potentially impacting its strategic direction and stakeholder interests.

Elixir Energy Initiates Trading Halt for Organizational Changes
Apr 11, 2025

Elixir Energy Limited has requested a trading halt on its securities pending an announcement regarding organizational changes. This move indicates potential strategic shifts within the company, which could impact its operations and market positioning. The trading halt will remain in place until the announcement is made or until normal trading resumes on April 15, 2025.

Elixir Energy Completes Strategic Farmout Agreement
Apr 7, 2025

Elixir Energy Limited, an energy company, has successfully completed a farmout agreement for the Diona Sub-Block of ATP 2077 in Queensland. This agreement allows Xstate Resources to acquire a 51% interest and become the sole operator, while Elixir retains a 49% interest and full ownership of the Taroom Trough blocks. This strategic move is expected to enhance Elixir’s operational capabilities and market positioning by leveraging Xstate’s resources and expertise.

Xstate Acquires Majority Stake in Diona Gas Project
Apr 7, 2025

Elixir Energy Limited has announced that Xstate Resources Limited will acquire a 51% interest in the Diona Gas Project, located in the Surat-Bowen Basin, Queensland. This acquisition will allow Xstate to become the operator and fund the drilling of an exploration well, Diona-1, which is expected to commence in the third quarter of 2025. The project targets three stacked reservoir objectives, with a mean prospective resource of 6.4 billion standard cubic feet equivalent. The acquisition positions Xstate for potential re-admission to the ASX, enhancing its market presence.

Elixir Energy Farms Out Interest in Diona Sub-block to Xstate Resources
Apr 6, 2025

Elixir Energy Limited has entered into an agreement with Xstate Resources Ltd to farm out a 51% interest in the Diona sub-block of ATP 2077. Xstate will fully fund the cost of drilling an exploration well, expected in the third quarter of this year. This strategic move allows Elixir to retain full interest in the Taroom Trough sub-blocks A & B, while potentially accelerating cash flow due to the proximity of the Diona-1 well to an underutilized gas gathering line. The agreement helps Elixir meet its work commitments for the ATP 2077 license, enhancing its operational efficiency and positioning in the energy market.

Elixir Energy Secures $7 Million in Share Placement, Launches SPP
Mar 13, 2025

Elixir Energy Limited has announced a successful placement of 199.5 million shares to raise $7 million, with additional options issued to investors. The company is also offering an SPP to eligible shareholders to raise up to $2 million, with funds primarily allocated for drilling an appraisal well in ATP 2056. This strategic move aims to bolster the company’s operational capabilities and enhance its market position in the energy sector.

Elixir Energy Announces Securities Issue to Boost Capital
Mar 6, 2025

Elixir Energy Limited has announced a proposed issue of securities under a securities purchase plan, involving the issuance of up to 28,571,428 options expiring on October 17, 2026, and 57,142,857 fully paid ordinary shares. This move is part of the company’s strategy to raise capital, potentially impacting its financial position and market operations by providing additional resources for its ongoing and future projects.

Elixir Energy Announces SPP Offer to Raise $2 Million
Mar 6, 2025

Elixir Energy Limited is offering up to 57.1 million SPP Shares to eligible shareholders at 3.5 cents per share, along with up to 28.6 million free SPP Options, aiming to raise up to $2.0 million. This offer, which is not underwritten, is contingent upon shareholder approval at the upcoming general meeting and closes on April 15, 2025. The move could potentially strengthen Elixir’s financial position, though it is considered highly speculative for investors.

Elixir Energy Limited Revises Securities Issue Announcement
Mar 6, 2025

Elixir Energy Limited has announced the cancellation of a previous securities issue announcement, which will be replaced by a new Appendix 3B. This move indicates a strategic adjustment in the company’s capital raising efforts, potentially impacting its financial strategy and stakeholder engagement.

Elixir Energy Limited Updates Registered Office Address
Mar 5, 2025

Elixir Energy Limited has announced a change in its registered office and principal place of business to a new address in Adelaide, South Australia. This change is effective immediately and is part of the company’s ongoing operational adjustments. The contact numbers for the company remain the same, indicating a seamless transition for stakeholders and business operations.

Elixir Energy Launches $2 Million Share Purchase Plan
Feb 27, 2025

Elixir Energy Limited has announced a Share Purchase Plan (SPP) aimed at raising $2 million, offering shareholders the opportunity to purchase shares at 3.5 cents each, with additional options attached. The funds raised will primarily support the company’s Grandis project, specifically for drilling an appraisal well in ATP 2056. This initiative reflects Elixir’s strategic efforts to bolster its energy projects and potentially enhance shareholder value.

Elixir Energy Director Increases Stake with Significant Share Acquisition
Feb 25, 2025

Elixir Energy Limited announced a change in the director’s interest, with Neil Young acquiring 1,000,000 ordinary shares on the market. This acquisition reflects a strategic move by the director, potentially indicating confidence in the company’s future prospects and stability, which could positively impact stakeholder perception and market positioning.

Elixir Energy Farms Out Mongolian Assets, Expands Focus on Queensland Project
Feb 20, 2025

Elixir Energy Limited has announced agreements to farmout its Mongolian gas and renewable assets, establishing joint ventures where a partner acquires a 51% interest and covers all costs until final investment decisions. These agreements allow Elixir to potentially exit the projects on pre-agreed terms, enabling the company to focus more on its Grandis project in Queensland.

Elixir Energy Limited Releases Interim Financial Report
Feb 19, 2025

Elixir Energy Limited has released its interim report for the half-year ending 31 December 2024. The report includes financial statements and declarations from directors and auditors. This release provides insights into the company’s financial performance, which may impact its strategic direction and inform stakeholders about its fiscal health.

Elixir Energy Expands Share Issuance in Strategic Placement
Feb 17, 2025

Elixir Energy Limited announced the issuance of 199,468,467 shares and 99,734,223 attaching free listed options as part of a previously announced placement. This move indicates the company’s ongoing compliance with regulatory requirements and continuous disclosure obligations, potentially enhancing its market position and providing stakeholders with confidence in its operational transparency.

Elixir Energy Expands Capital Base with New Securities Issuance
Feb 17, 2025

Elixir Energy Limited has announced the issuance and quotation of a significant number of new securities on the ASX, including options and ordinary fully paid shares. This issuance is part of previously announced transactions and could enhance Elixir Energy’s capital base, potentially impacting its market positioning by providing additional resources for its operational endeavors.

Elixir Energy to Host Investor Webinar on Strategic Expansion
Feb 13, 2025

Elixir Energy Limited has announced an upcoming investor webinar scheduled for February 17, 2025, where Managing Director Neil Young and Chief Geoscientist Greg Channon will provide insights into the company’s recent expansion in the Taroom Trough. This event will offer shareholders and stakeholders an opportunity to engage directly with company leadership, reflecting the company’s commitment to transparency and stakeholder engagement.

Elixir Energy Announces Investor Webinar on Taroom Trough Expansion
Feb 13, 2025

Elixir Energy Limited has announced an investor webinar scheduled for February 13, 2025, where Managing Director Neil Young and Chief Geoscientist Greg Channon will update shareholders on the company’s recent expansion in the Taroom Trough. The webinar will provide important insights for stakeholders into Elixir’s strategic developments, potentially impacting its operations and market positioning.

Elixir Energy Limited Addresses Growing Gas Demand and Supply Challenges
Feb 11, 2025

Elixir Energy Limited has highlighted the growing demand for gas, emphasizing its necessity amidst global political changes and energy transitions. The company notes imminent gas shortfalls and sustained high prices, with LNG imports expected to begin in 2026 at significant costs. Australia’s security of supply is valued by geopolitical allies, positioning Australian LNG favorably in Pacific markets as global LNG demand rises.

Elixir Energy Resumes Trading After Strategic Expansion and Fund Raise
Feb 11, 2025

Elixir Energy Limited has announced the lifting of the suspension of trading in its securities following news of its expansion in the Taroom Trough and a successful fund-raising effort. This development is expected to enhance Elixir’s operational capabilities and strengthen its position in the energy market, potentially benefiting stakeholders through increased resources and market activity.

Elixir Energy Announces Proposed Securities Issuance
Feb 11, 2025

Elixir Energy Limited has announced a proposed issue of securities, with a total of 85,714,285 securities to be issued, comprising options and fully paid ordinary shares. This move is intended to enhance the company’s financial resources, potentially improving its market position and operational capabilities in the energy sector. The issuance is scheduled for April 2025, signaling a strategic effort to bolster capital for future initiatives and developments.

Elixir Energy Announces Securities Issue to Bolster Operations
Feb 11, 2025

Elixir Energy Limited has announced a proposed issue of securities, planning to release a total of 299,202,699 securities comprising options expiring in October 2026 and fully paid ordinary shares. This placement is aimed at raising capital, potentially impacting the company’s financial position and strategic initiatives in the energy sector, thereby strengthening its market presence and operational capabilities.

Elixir Energy Expands Taroom Trough Operations with Santos Partnership
Feb 11, 2025

Elixir Energy Limited has announced significant expansion in its Grandis Project within the Taroom Trough, Queensland, through two Farmout Agreements with Santos Ltd, securing 50% working interests in two exploration licenses. The company also plans a capital raising of up to $9 million to fund these operations, which include drilling and seismic acquisition, enhancing its strategic positioning and resource base in the region.

Elixir Energy Announces Voluntary Trading Suspension
Feb 11, 2025

Elixir Energy Limited has requested a voluntary suspension of trading in its shares due to ongoing developments related to its Taroom Trough position and a fundraising effort. The suspension, which follows a trading halt announced earlier, is expected to last until the release of an announcement later in the day. This move is significant as it indicates strategic growth efforts by the company in its industry positioning and may have implications for stakeholders involved in the expansion project.

Elixir Energy Limited Initiates Trading Halt for Strategic Announcement
Feb 6, 2025

Elixir Energy Limited has requested a trading halt on its securities, pending an announcement related to the expansion of its Taroom Trough position. The halt will remain in place until the announcement is released or normal trading resumes on 11 February 2025, indicating potential strategic developments that could impact the company’s market activities and stakeholder interests.

Elixir Energy Advances Grandis Gas Project Amidst Favorable Market Conditions
Jan 30, 2025

Elixir Energy Limited has concluded the operations of its Daydream-2 appraisal well and is moving forward with the Grandis Project by analyzing data, planning new appraisals, and exploring offtake options. The company anticipates a favorable macro environment for its Grandis Gas Project due to the rising gas prices on the East Coast and the expected initiation of international gas imports in 2026. Elixir is also engaged in farmout negotiations for its projects in Australia and Mongolia, aiming to address potential supply challenges in the gas market.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.