ADX

ADXENERGY FPO [ADX]
ADX Energy Ltd engages in the exploration, appraisal, and production of oil and gas properties. The company operates through three segments: Sicily Channel Offshore Exploration and Evaluation; Romania Exploration and Appraisal/Development; and Austria Production, Appraisal/Development and Exploration. It holds a portfolio of properties located in Austria, Italy, and Romania. The company was formerly known as Audax Resources Ltd. and changed its name to ADX Energy Ltd in June 2010. ADX Energy Ltd was incorporated in 1983 and is headquartered in Claremont, Australia.
Energy · ASX Small Cap
$0.0190 +0.0%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-06
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Active Signals

Bullish Signals

  • Drifting lower — down 5.0% over the last 5 days
  • Adequate cash runway (5 quarters)
  • Low P/S ratio (1.9x)
  • Revenue in sharp decline (-19%)
  • Near 52-week low (10% of range)
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • Penny stock risk ($0.019)
  • Beneish M-Score -1.84 (grey zone -2.22 to -1.78): possible earnings manipulation
  • Commodity (Crude Oil): strong_up (+7pts)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Deeply negative margins (-109%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 36% over the past year
  • Revenue declining at -19% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-4.12%/day)

Expected next for ADX

2 Nov 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 26 Oct to 9 Nov
The last 6 moved ADX +1.8% on the day, on average — an observation, not a guide to what happens next.
2 Nov 2026Quarterly Activities ReportEstimated from past filings
Window: 26 Oct to 9 Nov
The last 6 moved ADX +1.8% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

NONE Option Prospectus
NONE Results of General Meeting
NONE Sicily Channel Additional Acreage

Recent ASX Announcements

2026-09-04 Option Prospectus
2026-09-04 Results of General Meeting
2026-09-03 Sicily Channel Additional Acreage PRICE SENSITIVE
2026-08-28 HOCH-1 Production Testing Update-3 Additional Zones Flow Gas PRICE SENSITIVE
2026-08-18 Sicily Channel New Acreage Gazettals PRICE SENSITIVE

Key Metrics

$20.5M
Market Cap
751K
Avg Volume
0.8x
Vol Ratio
$0.02 — $0.04
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-69.6%
ROE
-109.3%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 75%
LLeader vs LaggardlaggardRS: -16
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

68 tickers in this sector

View all Energy signals →Browse all ASX tickers A–Z →
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