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    Oil & Gas Exploration & Production
Comet Ridge Limited

Comet Ridge Limited

COI.AX
Comet Ridge LimitedAU flagAustralian Securities Exchange
0.09
AUD
- -
- -
105.69MMarket Cap
Comet Ridge Limited
COI.AX
(Australian Securities Exchange)

Recent

price

0.09

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-0.02
- -
0.01
-0.02
-0.03
-0.04
-0.01
-0.01
- -
-0.01
-0.01
-0.01
-0.01
-0.01
-0.01
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.12
0.12
0.13
0.11
0.09
0.06
0.05
0.06
0.06
0.08
0.07
0.06
0.05
0.06
0.07
0.07
Book Value per Share
0.12
0.12
0.14
0.12
0.09
0.06
0.05
0.06
0.07
0.08
0.07
0.06
0.06
0.07
0.07
0.07
Tangible Book Value per Share
323
323
323
396
457
509
531
561
654
715
789
791
860
981
1,046
1,156
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
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- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
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-1,511.63
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- -
- -
- -
- -
- -
- -
- -
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- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-5
1
4
-7
-14
-19
-4
-4
-2
-4
-10
-7
-9
-7
-7
-2
Net Income, GAAP
- -
- -
22.89
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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Effective Tax Rate (%)
- -
583.32
- -
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- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
9
6
6
- -
2
5
1
5
11
12
5
-20
-40
-21
-18
-20
Working Capital
- -
- -
- -
- -
10
12
- -
- -
- -
- -
- -
- -
6
7
7
7
LT Debt
39
40
45
47
43
33
29
33
44
56
57
50
48
64
73
80
Total Equity
- -
- -
-4.05
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
9.08
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-12.26
3.24
9.08
-16.02
-32.06
-52.98
-12.86
-12.27
-6.03
-8.24
-18.83
-13.34
-18.32
-12.14
-10.72
-3.27
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.64%
8.38%
10.78%
Free Cash Flow
- -
- -
333.33%
Net Income, GAAP
2.97%
-17.87%
-65.53%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
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- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
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2024
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2025
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Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-0.01
2024
- -
- -
- -
- -
-0.01
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
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- -
- -
- -
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2024
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2025
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Business
Comet Ridge Limited (ASX:COI) is an Australian energy company focused on the exploration, appraisal, and development of natural gas resources, primarily coal seam gas, for the east coast Australian market. The company holds interests in the flagship Mahalo Gas Hub in Queensland's Southern Bowen Basin, including a 57.14% stake in the Mahalo JV Gas Project with Santos QNT Pty Ltd as operator, featuring certified 2P reserves of 266 petajoules and 3P reserves of 458 petajoules across Petroleum Leases PL1082 and PL1083; 100% ownership of Mahalo North (ATP2048, 360 square kilometers with high-flow pilot well results), Mahalo East (ATP2061 with independently certified 2P reserves of 51.8 petajoules and 3P reserves of 118.5 petajoules as of June 2025), Mahalo Far East (ATP2063, 338 square kilometers), and Mahalo Far East Extension (ATP2072); and Galilee Basin permits ATP743, ATP744, and ATP1015 covering substantial contingent resources in sandstone Deeps and CSG Shallows. Operations target low-CO2, sales-spec gas proximate to Gladstone's LNG export and domestic pipelines, serving energy, manufacturing, and transition fuel needs. Founded in 2003 and headquartered in Brisbane, Queensland, Comet Ridge supplies the Queensland and New South Wales markets without international or New Zealand interests following recent permit surrenders. Recent developments include execution of a Gas Sales Agreement with CleanCo Queensland in September 2023 (conditions extended to align with Mahalo timelines); Queensland Environmental Authority approval for Mahalo North's PLA1128 in August 2024; award of a $5 million government grant for Mahalo East lateral pilot drilling in FY2025; Mahalo JV agreement with Jemena for pipeline Front End Engineering Design; a $15 million placement to advance projects to Final Investment Decision; refinancing and extension of a $9.5 million loan facility; appointment of Robin Polson as CFO effective November 2025; successful passage of all 2025 AGM resolutions; and NAIF debt financing updates in November 2025.