54MEDIUM

LKO

LAKES OIL FPO [LKO]
Lakes Blue Energy NL, together with its subsidiaries, engages in the exploration of oil and gas properties. The company holds interests in petroleum and mineral exploration rights in Victoria, South Australia, and Queensland; 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 was incorporated in 1946 and is based in Sydney, Australia.
Energy · ASX Small Cap
$0.7300 -4.0%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical45
Catalyst51
Sentiment50
Fundamental71
Momentum58
Risk Gate50
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Active Signals

Bullish Signals

  • RSI is looking oversold — historically a spot where stocks tend to bounce
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Sitting near support — this level has held before and could attract buyers again
  • Drifting lower — down 6.4% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.67, underperforming its peers
  • Strong cash runway (12 quarters)
  • 4C filed 2026-01-30
  • Pre-revenue with limited cash
  • Near 52-week low (5% of range)
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 22% over the past year
  • Pre-revenue company — Altman Z-Score not applicable
  • Commodity (Crude Oil): strong_up (+5pts)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.42%/day)
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Lakes Blue Energy Exploration Update
NONE Wombat-5 - Production Testing Continuing
NONE Half Year Accounts

Recent ASX Announcements

2026-03-18 Lakes Blue Energy Exploration Update
2026-03-18 Wombat-5 - Production Testing Continuing PRICE SENSITIVE
2026-03-16 Half Year Accounts
2026-02-08 Wombat-5 - Production Testing Continuing
2026-01-30 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE

Key Metrics

$53.5M
Market Cap
74K
Avg Volume
1.2x
Vol Ratio
$0.68 — $1.75
52-Week Range
N/A
Short Interest
12 qtrs
Cash Runway
-1.8%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSneutralEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 59%
LLeader vs LaggardlaggardRS: -10
IInstitutional SponsorshipweakInst: 2%
MMarket DirectionneutralNeutral

Sector: Energy

Ranked #19 of 77 · Sector avg: 49

View all Energy signals →
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