OMEGA OIL & GAS LIMITED (OMA)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

OMA

OMA - OMEGA OIL & GAS LIMITED

FNArena Sector : Energy
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: -0.02
Index: ALL-ORDS

Omega Oil & Gas is an Australian energy explorer and developer focused on gas and liquids resources in Queensland's Taroom Trough, including the Canyon project.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.83

30 Oct
2026

0.075

OPEN

$0.77

9.93%

HIGH

$0.84

1,670,333

LOW

$0.76

TARGET
$1.40 68.7% upside
OTHER COMPANIES IN THE SAME SECTOR
AEE . BTL . CHI . PV1 .
FNARENA'S MARKET CONSENSUS FORECASTS
OMA: 1
Title FY25
Actual
FY26
Actual
FY27
Forecast
FY28
Forecast
EPS (cps) xxx - 1.7 - 0.5 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

$ 

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 20222023202420252026
EPS Basic -1.5-3.9-0.9-1.2-1.7
DPS All 0.00.00.00.00.0
Sales/Revenue 0.0 M0.1 M0.0 M0.0 M0.1 M
Book Value Per Share 1.314.513.714.731.6
Net Operating Cash Flow -3.5 M-4.0 M-1.8 M-2.4 M11.7 M
Net Profit Margin --6,804.57 %---6,977.40 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20222023202420252026
Return on Capital Employed -108.45 %-48.99 %-7.55 %-8.65 %-6.50 %
Return on Invested Capital -108.45 %-48.85 %-7.53 %-8.65 %-6.50 %
Return on Assets -43.42 %-33.93 %-6.57 %-8.08 %-6.08 %
Return on Equity -108.45 %-48.99 %-7.55 %-8.65 %-6.50 %
Return on Total Capital -58.06 %-25.70 %-9.29 %-8.76 %-8.42 %
Free Cash Flow ex dividends --4.6 M-1.8 M-2.5 M11.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20222023202420252026
Short-Term Debt 3 M0 M0 M0 M0 M
Long Term Debt 0 M0 M0 M0 M0 M
Total Debt 3 M0 M0 M0 M0 M
Goodwill - Gross -----
Cash & Equivalents - Generic 2 M2 M17 M8 M102 M
Price To Book Value -1.381.421.942.09

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20222023202420252026
Capex 0.0 M13.1 M4.3 M21.8 M8.4 M
Capex % of Sales -16,729.89 %--8,184.21 %
Cost of Goods Sold 0 M1 M0 M0 M5 M
Selling, General & Admin. Exp & Other 2 M2 M3 M4 M4 M
Research & Development -----
Investments - Total 0 M0 M0 M0 M43 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

21/10/2026

1

Speculative Buy

$1.40

68.67%

Following a site visit to Omega Oil & Gas's Taroom Trough operations, Bell Potter highlights management's technical capabilities and progress in assessing the basin's oil and gas potential.

The company has completed two of four planned vertical appraisal wells, with a resource estimate expected in 1Q27 covering an area capable of supporting around 160 horizontal wells and an estimated 150MMboe of unrisked resources.

The analyst also notes two further wells, Canyon North-1 and Canyon North-2, are planned before year-end to test the broader resource potential, with the appraisal program fully funded from $102m in cash and no debt at June 2026.

The broker retains a $1.40 target price and a Speculative Buy rating, highlighting the potential for resource growth and the strategic appeal of new oil and gas supply close to Australia's east coast energy markets.

FORECAST
Bell Potter forecasts a full year FY27 dividend of 0.00 cents and EPS of minus -0.50 cents.
Bell Potter forecasts a full year FY28 dividend of 0.00 cents and EPS of minus -1.00 cents.

EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

27/10/2026

1

Speculative Buy

$1.40

68.67%

Canaccord Genuity maintains a Speculative Buy rating for Omega Oil & Gas with a $1.40 target price following a site visit to the Canyon North-1 well and H&P FlexRig 648.

Recent results from the Canyon-4 well yielded 197m of aggregate net pay over a 589m gross zone, increasing the analyst's confidence in the regional scale of the Permian sequence.

The approximately 400km² area centred on the Canyon wells could support around 160 horizontal development locations based on 2,000m laterals.

Canaccord Genuity targets a resource upgrade in the first quarter of 2027 alongside upcoming horizontal flow test results.

FORECAST
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of minus -2.00 cents.
Canaccord Genuity forecasts a full year FY28 dividend of 0.00 cents and EPS of minus -2.20 cents.

OMA STOCK CHART