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LKOL.D Stock Overview

Lakes Blue Energy NL, together with its subsidiaries, engages in the exploration of oil and gas properties. More details

LKOL.D fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

Makes less than USD$1m in revenue (A$0)

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have a meaningful market cap ($59M)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Lakes Blue Energy NL Competitors

Zion Oil & Gas

OTCPK:ZNOG

US$103.4m

PermRock Royalty Trust

NYSE:PRT

US$43.3m

Spindletop Oil & Gas

OTCPK:SPND

US$13.5m

BP Prudhoe Bay Royalty Trust

NYSE:BPT

US$11.9m

Price History & Performance

Summary of share price highs, lows and changes for Lakes Blue Energy
Historical stock prices
Current Share Price	AU$0.01
52 Week High	AU$0.01
52 Week Low	AU$0.01
Beta	0.086
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	-90.00%
5 Year Change	-96.67%
Change since IPO	-99.86%

Recent updates

Shareholder Returns

	LKOL.D	US Oil and Gas	US Market
7D	0%	3.5%	-0.2%
1Y	n/a	7.8%	25.6%

Return vs Industry: Insufficient data to determine how LKOL.D performed against the US Oil and Gas industry.

Return vs Market: Insufficient data to determine how LKOL.D performed against the US Market.

Price Volatility

Is LKOL.D's price volatile compared to industry and market?
LKOL.D volatility
LKOL.D Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	5.3%
Market Average Movement	6.3%
10% most volatile stocks in US Market	18.3%
10% least volatile stocks in US Market	3.1%

Stable Share Price: LKOL.D has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine LKOL.D's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1946	n/a	Roland Sleeman	www.lakesblueenergy.com.au

Lakes Blue Energy NL, together with its subsidiaries, engages in the exploration of oil and gas properties. It also holds interests in petroleum and mineral exploration rights in Victoria, Queensland, and South Australia; Papua New Guinea; and the United States. The company was formerly known as Lakes Oil NL and changed its name to Lakes Blue Energy NL in March 2021.

Lakes Blue Energy NL Fundamentals Summary

How do Lakes Blue Energy's earnings and revenue compare to its market cap?
LKOL.D fundamental statistics
Market cap	US$39.87m
Earnings (TTM)	-US$2.06m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-19.4x

P/E Ratio

Is LKOL.D overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LKOL.D income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$3.03m
Earnings	-AU$3.03m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.052
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did LKOL.D perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/12/25 11:45
End of Day Share Price	2023/09/27 00:00
Earnings	2023/06/30
Annual Earnings	2023/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lakes Blue Energy NL is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Williams	RaaS Advisory Pty Ltd