Golden Eagle Energy Tbk PT
Golden Eagle Energy Tbk PT is an integrated oil and gas company operating in the coal and fossil fuels industry, generating revenue primarily through the exploration, production, and sale of hydrocarbons.
Business. Golden Eagle Energy Tbk PT (SMMT.JK) is an Indonesian energy company primarily engaged in the coal industry. The firm is listed on the Indonesia Stock Exchange (IDX) under the ticker symbol SMMT. Specific details regarding its operating segments and geographic distribution are not provided in the available data. Consequently, the company is described at the industry level as a participant in the fossil fuel sector.
At a glance
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- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Peers
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · BP (BP)
- EarningsQ3 2026 earnings (expected)2026-10-30 · estimated · Chevron (CVX)
- 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
Signals & dispatch
Composite-score breakdown
Synthesis
Golden Eagle Energy Tbk PT (SMMT.JK) is an Indonesian energy company primarily engaged in the coal industry. The firm is listed on the Indonesia Stock Exchange (IDX) under the ticker symbol SMMT. Specific details regarding its operating segments and geographic distribution are not provided in the available data. Consequently, the company is described at the industry level as a participant in the fossil fuel sector.
Golden Eagle Energy Tbk PT maintains a strong liquidity position, with a current ratio of 1.09 and no long-term debt, indicating a robust balance sheet and minimal leverage. The company's free cash flow of $1.03 million and operating cash flow of $5.82 million suggest it generates sufficient cash to support operations and potentially fund dividends or share repurchases. The absence of long-term debt and a debt-to-equity ratio of 0.0 further reinforce its financial stability.
In terms of profitability, the company's return on equity (ROE) of 1.89% and return on assets (ROA) of 1.28% are below the industry median for integrated oil and gas firms, which typically report ROE and ROA in the 5-10% range. This suggests that the company is not currently generating returns that are in line with its peers, potentially due to lower operational efficiency or market conditions affecting its pricing power.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification, which increases its exposure to regional economic and regulatory risks. This lack of diversification could limit its ability to offset losses in one area with gains in another, especially in a volatile energy market.
Looking ahead, the company's revenue is projected to remain stable, with no significant growth or decline expected in the next fiscal year. This flat outlook is consistent with its current capital expenditure of -$4.68 million, which suggests a focus on cost management rather than expansion. The absence of capital investment may limit long-term growth potential but could help preserve cash flow in the short term.
The company's risk profile is characterized by low liquidity and dilution risk, with no immediate filing-based flags detected. However, the lack of long-term debt and the presence of a strong equity base reduce the likelihood of near-term dilution. The company's financial structure appears to be conservative, with no signs of aggressive financing or equity issuance in recent filings.
Recent events, including filings and transcripts, have not revealed any material changes in the company's operations or strategic direction. The company continues to operate within its established business model, with no significant new projects or partnerships disclosed. This stability may be a positive for investors seeking predictable performance, but it could also indicate a lack of innovation or expansion into new markets.
- The company has a strong liquidity position with no long-term debt and a current ratio of 1.09.
- Return on equity and return on assets are below industry medians, indicating suboptimal profitability.
- Revenue is concentrated in a single business segment, increasing exposure to regional risks.
- No significant growth or decline in revenue is expected in the next fiscal year.
- The company's risk profile is low, with no immediate liquidity or dilution concerns.
Bull / Bear case
Generated · model-assistedRevenue surged 101.7% year-over-year to $103.6 million, demonstrating significant top-line growth momentum in the latest fiscal period.
Cash conversion of 6.49 is best-in-class within the coal cohort, highlighting exceptional efficiency in generating cash from operations.
Operating income jumped 1,213.4% year-over-year, signaling a dramatic improvement in core operational profitability compared to the prior year.
The company maintains a low leverage band with a debt-to-equity ratio of 0.12, reducing financial risk exposure.
Free cash flow remains negative at -$3.2 million in the latest period, failing to generate positive cash from operations.
Return on invested capital is merely 0.36%, indicating very poor efficiency in generating returns from capital employed.
Long-term debt increased significantly to $27.4 million in the latest period, rising from $92,810 in the prior year.
In focus — financials by report
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Chief Accounting Officer · Stock Option (right to buy) → Common StockAcquired 30 000 @ $18,83grant · 2026-01-08
- Director, Co-Chief Executive Officer, 10% owner · Stock Option (right to buy) → Common StockAcquired 11 232 @ $17,52grant · 2026-01-02
- Director, Co-Chief Executive Officer, 10% owner · Stock Option (right to buy) → Common StockAcquired 11 232 @ $17,52grant · 2026-01-02
- Director · Stock Option (right to buy) → Common StockAcquired 9 885 @ $17,52grant · 2026-01-02
- Director · Stock Option (right to buy) → Common StockAcquired 35 000 @ $17,52grant · 2026-01-02
- Director · Stock Option (right to buy) → Common StockAcquired 35 000 @ $17,52grant · 2026-01-02
- Director · Stock Option (right to buy) → Common StockAcquired 3 219 @ $17,52grant · 2026-01-02
- Director · Stock Option (right to buy) → Common StockAcquired 35 000 @ $17,52grant · 2026-01-02
- Director · Stock Option (right to buy) → Common StockAcquired 17 796 @ $17,52grant · 2026-01-02
- Director · Stock Option (right to buy) → Common StockAcquired 35 000 @ $17,52grant · 2026-01-02
- Director · Stock Option (right to buy) → Common StockAcquired 35 000 @ $17,52grant · 2026-01-02
- Director · Stock Option (right to buy) → Common StockAcquired 35 000 @ $17,52grant · 2026-01-02
- Director · Stock Option (right to buy) → Common StockAcquired 7 180 @ $17,52grant · 2026-01-02
- Chief Accounting Officer · Stock Option (right to buy) → Common StockAcquired 50 000 @ $19,23grant · 2025-09-18
Physical assets
1 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Triaryani Coal Mine | Coal mine | Coal | Indonesia | Parent |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- Golden Eagle Energy Tbk PT Market data — financials · 2026-05-29
Ownership & reference
Insider activity
- Director, Co-Chief Executive Officer, 10% owner · Common StockBought 3 810 000 @ $13,12$50,0M · 2026-06-12
- Director, Co-Chief Executive Officer, 10% owner · Common StockBought 3 810 000 @ $13,12$50,0M · 2026-06-12
- Director, COO and CFO · Common StockBought 25 000 @ $14,43$361K · 2026-06-04
- Director, Co-Chief Executive Officer, 10% owner · Common StockBought 100 000 @ $14,60$1,5M · 2026-06-04
- Director, Co-Chief Executive Officer, 10% owner · Common StockBought 100 000 @ $14,60$1,5M · 2026-06-04
- Director, COO and CFO · Common StockBought 25 000 @ $14,46$362K · 2026-06-04
- Director · Common StockBought 533 617 @ $18,74$10,0M · 2025-10-21
- Chief Accounting Officer · Common StockOther 26 680 @ $18,74$500K · 2025-10-21
- Director, COO and CFO · Common StockOther 53 361 @ $18,74$1 000K · 2025-10-21
- Director, Co-Chief Executive Officer, 10% owner · Common StockOther 13 980 789 @ $18,74$262,0M · 2025-10-21
- Director, Co-Chief Executive Officer, 10% owner · Common StockOther 266 808 @ $18,74$5,0M · 2025-10-21
- Director, Co-Chief Executive Officer, 10% owner · Common StockBought 26 680 @ $18,74$500K · 2025-10-21
- Director, Co-Chief Executive Officer, 10% owner · Common StockOther 266 808 @ $18,74$5,0M · 2025-10-21
- Director, Co-Chief Executive Officer, 10% owner · Common StockBought 26 680 @ $18,74$500K · 2025-10-21
- Director, Co-Chief Executive Officer, 10% owner · Common StockOther 13 980 789 @ $18,74$262,0M · 2025-10-21
- Director, Co-Chief Executive Officer, 10% owner · Common StockBought 5 000 @ $18,07$90K · 2025-09-11
- Director, Co-Chief Executive Officer, 10% owner · Common StockBought 5 000 @ $18,07$90K · 2025-09-11
- Director, Co-Chief Executive Officer, 10% owner · Common StockBought 333 394 @ $17,68$5,9M · 2025-09-10
- Director, Co-Chief Executive Officer, 10% owner · Common StockBought 333 394 @ $17,68$5,9M · 2025-09-10
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Debt-to-equity (FY 2025-12-31): 0.14xDerived (calculated)
- Return on assets (FY 2025-12-31): -143.7%Derived (calculated)
- Return on equity (FY 2025-12-31): -163.9%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -127.2%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 69.5%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -387.8%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -364.5%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 72.5%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -364.5%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 97.2%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 114.8%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 372.7%Derived (calculated)
- Current ratio (FY 2025-12-31): 9.87xDerived (calculated)
- Pre-tax income (annual): USD -1.08BSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -1SEC XBRL filing
- Total liabilities (annual): USD 92.32MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -1SEC XBRL filing
- Cash & equivalents (annual): USD 225.27MSEC XBRL filing
- Capex (annual): USD 657KSEC XBRL filing
- Net income (annual): USD -1.08BSEC XBRL filing
- Total operating expenses (annual): USD 1.09BSEC XBRL filing
- Total assets (annual): USD 751.18MSEC XBRL filing
- Current assets (annual): USD 720.3MSEC XBRL filing
- Operating cash flow (annual): USD -322.93MSEC XBRL filing