Handelsavisen
prelaunch
Companies Energy ECH.AX
EC
ECH.AX ASX Oil & Gas Exploration and Production

Ech.Ax

A$0,35
Open in Charts → Attach watcher ⌖
AUD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
3,11 %
Op margin
28,2 %
ROE
2,4 %
Net margin
2,8 %
Debt / equity
0,36
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Echo Energy is an Australian-based oil and gas exploration and production company operating primarily in the Cooper Basin and offshore regions of Western Australia.

Business. Echo Energy is an Australian-based oil and gas exploration and production company operating primarily in the Cooper Basin and offshore regions of Western Australia.

Classification92 %
SectorEnergy
Business sectorEnergy - Fossil Fuels
IndustryOil & Gas Exploration and Production
ActivityOil & Gas
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
2,4 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ECH.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy · THIS SECTOR+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ECH.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Echo Energy is an Australian-based oil and gas exploration and production company operating primarily in the Cooper Basin and offshore regions of Western Australia.

    Classification92 %
    SectorEnergy
    Business sectorEnergy - Fossil Fuels
    IndustryOil & Gas Exploration and Production
    ActivityOil & Gas
    AI synthesis
    GENERATED

    Echo Energy's capital structure is characterized by a debt-to-equity ratio of 0.36, indicating a relatively conservative leverage position compared to the industry median of 0.55. The company maintains a current ratio of 2.76, suggesting strong short-term liquidity. However, its free cash flow is negative at -22.75 million AUD, primarily due to capital expenditures of -36.89 million AUD, which is a significant outflow relative to its operating cash flow of 54.09 million AUD.

    In terms of profitability, Echo Energy's return on equity (ROE) is 2.4%, which is below the industry median of 6.8%. Its return on assets (ROA) of 1.07% also lags behind the median of 3.2%. These metrics suggest that the company is underperforming in terms of asset utilization and shareholder returns.

    Geographically, Echo Energy's revenue is concentrated in Australia, with no material international operations disclosed. The company's exposure to the domestic market may limit its growth potential in a volatile global energy market. There are no disclosed segments beyond the primary oil and gas operations, and the company does not report revenue by geographic region.

    Echo Energy's growth trajectory is constrained by its negative free cash flow and high capital expenditures. The company's revenue for the latest period was 115.34 million AUD, but there is no disclosed growth rate or outlook for the next fiscal year. The lack of positive free cash flow suggests that the company is reinvesting heavily in its operations, which may be necessary to maintain production levels in a mature asset base.

    The company's risk profile is marked by medium liquidity risk and low dilution risk. The key flag of negative net cash after subtracting total debt indicates that the company's cash reserves are insufficient to cover its long-term obligations. However, the low dilution risk suggests that there is no immediate threat of equity issuance to fund operations or debt repayment.

    Recent events include the company's latest financial filing, which disclosed the financial snapshot and valuation metrics. There are no recent transcripts or press releases indicating significant operational or strategic changes. The company's focus remains on maintaining production levels and managing capital expenditures in a challenging market environment.

    Key takeaways
    • Echo Energy has a conservative debt-to-equity ratio of 0.36, but its free cash flow is negative due to high capital expenditures.
    • The company's ROE of 2.4% and ROA of 1.07% are below industry medians, indicating underperformance in profitability.
    • Revenue is concentrated in Australia, with no material international operations disclosed.
    • The company faces medium liquidity risk and low dilution risk, but its net cash position is negative after accounting for long-term debt.
    • There are no recent strategic or operational changes disclosed, and the company's growth trajectory is constrained by its capital structure.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    A$0,35
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    A$134.5M
    Net cash
    -A$11.1M
    Current ratio
    2.8
    Debt / equity
    0.4
    ROA
    1.1%
    ROE
    2.4%
    Cash conversion
    1675.0%
    CapEx / revenue
    -32.0%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin28,2 %Above P75
    Net Margin2,8 %Above median
    ROE2,4 %Above median
    Capex / Rev-32,0 %Below median
    D/E0,36Below median
    Cash Conv16,75Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • ECH.AX Market data — financials · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    695.6Kshares short-19.9% vs prior
    1.65days to cover
    29.3%short of daily vol
    366fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ECH.AXCanonical
    ASX · AUD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage