Top 10 ASX Dividend Stocks for Nov 2026 Download Free Report

Lakes Oil NL

Company price
0.28 AUD -0.03 ( 9.68%)
Last update at 2026-11-12T04:59:00Z
VOLUME
123018
Market Cap
26.81M

Momentum Score

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Lakes Blue Energy NL, together with its subsidiaries, engages in the exploration of oil and gas properties in Australia. It holds interests in petroleum and mineral exploration rights located in Victoria, South Australia, Queensland, and Papua New Guinea. 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 was incorporated in 1946 and is based in Sydney, Australia.

Source: TradingView
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Day Price Range
0.28
Low
0.29
High
52 Week Price Range
0.22
Low
1.64
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Lakes Oil NL is an Australian oil and gas exploration company listed on the ASX; public disclosures about its asset base are limited but it focuses on upstream exploration and appraisal. Long-term growth drivers may include successful exploration and appraisal outcomes, hydrocarbon price trends and farm-in or joint-venture arrangements that could support development and provide upside for investors.

Material risks include high exploration and appraisal risk, volatile commodity prices and the need for external financing that could dilute shareholders or constrain activity.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.31
Dividend Yield
-
Revenue TTM
0.39M
Revenue Per Share
0.01
Gross Profit TTM
0.39M
Debt / Equity
1.28
ROE
-129.48%
Net Debt
-0.43M
ROCE
-48.45%
Diluted EPS TTM
-0.25

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -19.67M 3.75M -0.42M -3.03M -14.24M
Minority interest - - 0.00M 0.00M 0.00M
Net income -18.80M 3.75M -0.41M -3.03M -15.55M
Selling general administrative - 1.80M 1.13M 0.72M 0.47M
Selling and marketing expenses - - 0.53M - -
Gross profit 0.35M 5.57M 0.15M -0.00M -0.00M
Reconciled depreciation - - 0.00M 0.00M 0.00M
Ebit -6.27M 3.75M -0.42M -1.56M -12.94M
Ebitda -6.27M 3.75M -0.41M -1.56M -12.93M
Depreciation and amortization 0.00M 0.00M 0.00M 0.00M 0.00M
Operating income -6.27M 3.75M -1.49M -1.56M -12.94M
Other operating expenses 6.62M 1.82M 1.64M 1.60M 12.97M
Interest expense - - 0.03M 1.47M 1.31M
Tax provision - 0.00M 0.00M 0.00M 0.00M
Interest income - 0.02M 0.01M 0.02M 0.01M
Net interest income - - -0.01M -1.45M -1.30M
Income tax expense - - - 1.50M 1.31M
Total revenue 0.35M 5.57M 0.15M 0.04M 0.04M
Total operating expenses 6.62M 1.82M 1.64M 1.60M 12.97M
Cost of revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total other income expense net -13.40M -0.01M 1.08M 0.03M -1.31M
Net income from continuing ops - - -0.42M -3.03M -14.24M
Net income applicable to common shares - 3.75M -0.41M -3.03M -14.24M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 15.18M 19.84M 16.09M 15.84M 16.97M
Other current assets 0.05M 0.05M 1.16M - 0.02M
Total liab 2.24M 2.40M 2.39M 2.12M 10.51M
Total stockholder equity 13.74M 17.36M 13.63M 13.64M 6.38M
Other current liab 0.98M 1.36M 0.25M 0.78M 8.60M
Common stock 165.52M 153.34M 153.32M 152.83M 141.76M
Capital stock - - - 152.83M 141.76M
Retained earnings -154.65M -135.86M -139.60M -139.19M -136.19M
Other liab - - - - 1.06M
Other assets - - - - 0.01M
Cash 0.43M 2.63M 0.20M 0.76M 2.31M
Total current liabilities 2.24M 2.40M 1.84M 1.57M 9.45M
Current deferred revenue - - - - -8.18M
Net debt -0.43M -2.63M -0.20M -0.76M 5.87M
Short term debt - - - 0.00M 8.18M
Short long term debt - - - - 8.18M
Short long term debt total - - - - 8.18M
Other stockholder equity - - - - -5.58M
Property plant equipment - - - 14.40M 13.92M
Total current assets 0.55M 2.91M 1.86M 1.44M 3.04M
Net tangible assets - - - - 6.38M
Short term investments - - 0.42M 0.42M 0.59M
Net receivables 0.06M 0.23M 0.08M 0.19M 0.12M
Long term debt - - - - 0.00M
Accounts payable 1.26M 1.05M 1.59M 0.79M 0.85M
Accumulated other comprehensive income 2.87M -0.12M -0.09M - 0.80M
Non currrent assets other 13.96M 16.25M 13.54M 0.01M -13.92M
Non current assets total 14.63M 16.93M 14.23M 14.41M 13.93M
Long term debt total - - - 0.00M 0.00M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - - -0.30M -0.55M -2.00M
Change to liabilities - - - - -0.33M
Total cashflows from investing activities -11.01M 4.41M -0.30M -0.55M -2.00M
Total cash from financing activities 11.49M - 0.33M 0.61M 5.26M
Change to operating activities - - - - 0.02M
Net income -18.80M 3.75M -0.41M -3.03M -14.24M
Change in cash -2.19M 2.43M -0.56M -1.55M 1.84M
Begin period cash flow 2.63M 0.20M 0.76M 2.31M 0.47M
End period cash flow 0.43M 2.63M 0.20M 0.76M 2.31M
Total cash from operating activities -2.67M -1.98M -0.59M -1.60M -1.42M
Issuance of capital stock - - 0.38M 1.00M 5.55M
Depreciation 0.00M 0.00M 0.00M 0.00M 11.53M
Other cashflows from investing activities - - 0.15M 0.15M -
Dividends paid - - - 0.61M -
Change to inventory - - - - 0.32M
Change to account receivables 0.17M -0.15M 0.11M -0.07M 0.04M
Sale purchase of stock - - -0.04M -0.09M -0.30M
Other cashflows from financing activities - - -0.30M 0.61M 5.26M
Change to netincome - - - - 1.56M
Capital expenditures 0.00M 0.00M 0.45M 0.70M 2.00M
Change in working capital 0.95M -0.40M 0.23M -0.12M 0.04M
Stock based compensation - - - 0.14M 0.14M
Other non cash items 15.17M -5.33M -0.41M 1.66M 1.29M
Free cash flow -2.67M -1.98M -1.04M -2.30M -3.42M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
LKO
Lakes Oil NL
-0.03
9.68%
0.28 - 7.78 68.02 1.92 708.30 -4.03
WDS
Woodside Energy Group Ltd
0.01
0.03%
30.91 12.91 9.64 4.20 1.20 3.80 5.59
STO
Santos Ltd
0.10
1.15%
8.80 25.94 8.67 4.14 1.31 5.35 8.33
BPT
Beach Energy Ltd
-
-%
0.91 7.58 4.68 1.09 0.64 1.31 2.67
TBN
Tamboran Resources Corporation
0.01
2.44%
0.21 - - 1219.70 1.26 - -10.29

Profile*

Lakes Oil NL

Lakes Blue Energy NL, together with its subsidiaries, engages in the exploration of oil and gas properties in Australia. It holds interests in petroleum and mineral exploration rights located in Victoria, South Australia, Queensland, and Papua New Guinea. 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 was incorporated in 1946 and is based in Sydney, Australia.

24-26 Kent Street, Sydney, NSW, Australia, 2000

61 3 9629 1566

Name Title Year Born
Mr. Roland Kingsbury Sleeman B.Eng (Mech), MBA CEO & Executive Director NA
Mr. Tim O'Brien Chief Operating Officer NA
Ms. Elissa C. Hansen ACSA, B.Com., B.Comm, FCIS, Gad Dip ACG, GAI, GAIC Company Secretary 1973
Mr. Roland Kingsbury Sleeman B.Eng (Mech), MBA CEO & Executive Director NA
Mr. Tim O'Brien Chief Operating Officer NA
Ms. Elissa C. Hansen ACSA, B.Com., B.Comm, FCIS, Gad Dip ACG, GAI, GAIC Company Secretary 1973
Mr. Roland Kingsbury Sleeman B.Eng (Mech), MBA CEO & Executive Director NA
Mr. Tim O'Brien Chief Operating Officer NA
Ms. Elissa C. Hansen ACSA, B.Com., B.Comm, FCIS, Gad Dip ACG, GAI, GAIC Company Secretary 1973
Mr. Roland Kingsbury Sleeman B.Eng (Mech), MBA CEO & Executive Director NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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