Cue Energy Resources (CHIA:CUE) - Stock Price, News & Analysis

CUE Stock Overview

An oil and gas production and exploration company, engages in the exploration, development, and production of petroleum products. More details

CUE fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 92.8% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (A$64M)

Cue Energy Resources Limited Competitors

Echelon Resources

ASX:ECH

AU$79.5m

Jupiter Energy

ASX:JPR

AU$45.9m

Brookside Energy

ASX:BRK

AU$46.8m

Melbana Energy

ASX:MAY

AU$101.1m

Price History & Performance

Summary of all time highs, changes and price drops for Cue Energy Resources
Historical stock prices
Current Share Price	AU$0.095
52 Week High	AU$0.12
52 Week Low	AU$0.061
Beta	0.37
11 Month Change	-9.52%
3 Month Change	-9.52%
1 Year Change	50.79%
33 Year Change	41.79%
5 Year Change	-20.83%
Change since IPO	-17.39%

Recent updates

Shareholder Returns

	CUE	AU Oil and Gas	AU Market
7D	-7.3%	2.4%	1.2%
1Y	50.8%	-13.9%	19.7%

Return vs Industry: CUE exceeded the Australian Oil and Gas industry which returned -14.1% over the past year.

Return vs Market: CUE exceeded the Australian Market which returned 18.4% over the past year.

Price Volatility

Is CUE's price volatile compared to industry and market?
CUE volatility
CUE Average Weekly Movement	9.0%
Oil and Gas Industry Average Movement	11.3%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: CUE has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: CUE's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1981	n/a	Matthew Boyall	www.cuenrg.com.au

Cue Energy Resources Limited, an oil and gas production and exploration company, engages in the exploration, development, and production of petroleum products. It has petroleum assets in Australia, New Zealand, and Indonesia. The company was founded in 1981 and is headquartered in Melbourne, Australia.

Cue Energy Resources Limited Fundamentals Summary

How do Cue Energy Resources's earnings and revenue compare to its market cap?
CUE fundamental statistics
Market cap	AU$63.58m
Earnings (TTM)	AU$14.19m
Revenue (TTM)	AU$49.66m

4.5x

P/E Ratio

1.3x

P/S Ratio

Is CUE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CUE income statement (TTM)
Revenue	AU$49.66m
Cost of Revenue	AU$19.63m
Gross Profit	AU$30.03m
Other Expenses	AU$15.84m
Earnings	AU$14.19m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.02
Gross Margin	60.47%
Net Profit Margin	28.57%
Debt/Equity Ratio	0%

How did CUE perform over the long term?

See historical performance and comparison

Dividends

11.0%

Current Dividend Yield

49%

Payout Ratio

CUE Stock Overview

Rewards

Risk Analysis

Cue Energy Resources Limited Competitors

ASX:ECH

AU$79.5m

ASX:JPR

AU$45.9m

ASX:BRK

AU$46.8m

ASX:MAY

AU$101.1m

Price History & Performance

Recent News & Updates

Cue Energy Resources Limited, Annual General Meeting, Oct 23, 2024

Upcoming dividend of AU$0.01 per share

Full year 2024 earnings released: EPS: AU$0.02 (vs AU$0.022 in FY 2023)

Cue Energy Resources Limited Declares Final Dividend for the Fiscal Year 2024, Payable on 26 September 2024

Cue Energy Resources Limited Introduces Dividend Policy

Less than half of directors are independent

Recent updates

Cue Energy Resources Limited, Annual General Meeting, Oct 23, 2024

Upcoming dividend of AU$0.01 per share

Full year 2024 earnings released: EPS: AU$0.02 (vs AU$0.022 in FY 2023)

Cue Energy Resources Limited Declares Final Dividend for the Fiscal Year 2024, Payable on 26 September 2024

Cue Energy Resources Limited Introduces Dividend Policy

Less than half of directors are independent

Cue Energy Resources Limited Announces Change of Company Secretary

Cue Energy Resources Limited Announces Change of Company Secretary

Cue Energy Resources Limited, Annual General Meeting, Oct 31, 2023

Less than half of directors are independent

Cue Energy Resources Limited Provides Update on the BA-01 Exploration Well in the Mahato PSC, Indonesia

Cue Energy Resources Limited Provides Update That Mn1 Oil Production Well in the Maari/Manaia Field, Located Offshore New Zealand

Cue Energy Resources Limited Announces Oil Production Well Pb-20 in the Mahato Production Sharing Contract

Less than half of directors are independent

First half 2023 earnings released: EPS: AU$0.01 (vs AU$0.012 in 1H 2022)

Cue Energy Resources Limited Announces Exploration Drilling in Mahato PSC

Cue Energy Resources Limited Announces Successful Completion of Mahato Pb-19 Well

Cue Energy Resources Limited Announces Gas Production Commences from Pv-12

Less than half of directors are independent

Full year 2022 earnings released: EPS: AU$0.023 (vs AU$0.018 loss in FY 2021)

Cue Energy Resources Limited, Annual General Meeting, Oct 27, 2022

Cue Energy Resources Limited Provides Update Oil Production Well PB-17 in the Mahato Production Sharing Contract

Less than half of directors are independent

Central Petroleum Limited and Its Joint Venture Partners New Zealand Oil & Gas Limited and Cue Energy Resources Limited Provides Palm Valley-12 Drilling Update

New Zealand Oil & Gas Limited and Cue Energy Resources Limited Provides Update on Palm Valley-12 Drilling

Cue Energy Resources Provides Update on Oil Production Well PB-18 in the Mahato PSC, Indonesia

Cue Energy Resources Limited Provides Update on Additional 12 Oil Production Wells Will Be Drilled in the PB Oil Field, Mahato PSC

Cue Energy Resources Limited and New Zealand Oil & Gas Limited Palm Valley-12 Weekly Drilling Update

Less than half of directors are independent

Central Petroleum Limited Announces Palm Valley-12 Weekly Drilling Update

Cue Energy Resources Reviews Reserves and Recoverable Volumes in the Mahato PSC as of January 1, 2022

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Cue Energy Resources Provides an Update on Oil Production Well PB-08 in the Mahato PSC, Indonesia

Cue Energy Resources Limited Announces Planning Continues for the First Quarter 2022 Palm Valley and Dingo Exploration Well Drilling Program

Cue Energy Resources Limited Provides an Update on Oil Production Well PB-07 in the Mahato PSC, Indonesia

Cue Energy Resources Ordinary Shares Deleted from Other OTC

Full year 2021 earnings released: AU$0.018 loss per share (vs AU$0.002 profit in FY 2020)

Cue Energy Resources Limited and New Zealand Oil & Gas Receives No Objection Notice from the Australian Foreign Investment Review Board

New Zealand Oil & Gas Limited (NZSE:NZO) and Cue Energy Resources Limited (ASX:CUE) entered in an agreement to acquire 3 Producing Onshore Australia Assets from Central Petroleum Limited (ASX:CTP) for $29 million.

First half 2021 earnings released: AU$0.021 loss per share (vs AU$0.002 profit in 1H 2020)

Cue Energy Resources Limited Commences Oil Production from Mahato PSC

New 90-day high: AU$0.22

Cue Energy Resources Limited Ironbark-1 Rig Mobilisation

Cue Energy Resources Ltd and Cue Resources Inc. Announce US Litigation Conclusion

Cue Energy Resources Limited Announces Positive Results for Its Ironbark-1 Well

Full year earnings released - EPS AU$0.0019

Shareholder Returns

Price Volatility

About the Company

Cue Energy Resources Limited Fundamentals Summary

4.5x

1.3x

Earnings & Revenue

Dividends

11.0%

49%