ECH

ECHELON FPO [ECH]
Echelon Resources Limited engages in the exploration and production of oil and gas properties in New Zealand, Australia, and Indonesia. It also develops, produces, and sells natural gas, crude oil, liquefied petroleum gas, and condensate. The company was formerly known as New Zealand Oil & Gas Limited and Echelon Resources Limited in July 2024. The company was incorporated in 1981 and is headquartered in Wellington, New Zealand. Echelon Resources Limited operates as a subsidiary of O.G. Oil & Gas (Singapore) Pte Ltd.
Energy · ASX Small Cap
$0.3700 +4.2%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Pressing against the upper Bollinger Band — extended and may need to cool off
  • Volume surging at 3.0x normal while price climbs — real buying conviction behind this move
  • Watch out — volume is flowing out even as price holds up. Distribution pattern
  • Just broke above 20-day resistance — a level that was capping price, now cleared
  • Beating the Small Ords index — relative strength of 1.12, so it's outpacing the pack
  • Volume-price trend suggests distribution — sellers may be sneaking out while price holds
  • Trading above the 200-day average — the long-term trend is on your side
  • Cash positive / operating cashflow positive
  • Low P/S ratio (0.7x)
  • Moderate revenue growth (+7%)
  • Piotroski F-Score strong (9/9, low-confidence approx)
  • Post-earnings drift: positive surprise (SUE +10)
  • Small-cap ($20-100M)
  • Substantial holder(s) ceased (1)
  • CANSLIM C: Strong EPS growth (62% QoQ)
  • CANSLIM S: Tight float (20%)
  • Sentiment is mixed — no strong consensus either way
  • Earnings are trending the right way — 2 consecutive improvements
  • Commodity (Crude Oil): up (+3pts)
  • RBA hiking (-3pts)
  • Technical-fundamental alignment: quality + trend

Risk Signals

  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.31%/day)
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Recent Catalysts

HIGH Notice of ceasing to be a substantial holder from ECH
HIGH FORM 603 - Notice of initial substantial holder from ECH
NONE COMPLETION OF CUE DIVESTMENT
NONE Change in substantial holding from ECH
NONE ECHELON RECEIVES SETTLEMENT PROCEEDS FROM CUE SHARE SALE

Recent ASX Announcements

2026-07-03 Notice of ceasing to be a substantial holder from ECH
2026-07-03 FORM 603 - Notice of initial substantial holder from ECH
2026-07-03 COMPLETION OF CUE DIVESTMENT PRICE SENSITIVE
2026-06-26 Change in substantial holding from ECH
2026-06-26 ECHELON RECEIVES SETTLEMENT PROCEEDS FROM CUE SHARE SALE PRICE SENSITIVE

Key Metrics

$82.9M
Market Cap
8K
Avg Volume
3.0x
Vol Ratio
$0.33 — $0.44
52-Week Range
N/A
Short Interest
N/A
Cash Runway
5.7%
ROE
4.6%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSpassEPS Growth: 62%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 20%
LLeader vs LaggardlaggardRS: -0
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Energy

70 tickers in this sector

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