Melbana Energy Limited (MEOAF)
Melbana Energy Limited operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Sydney, NSW, AU. The stock last traded at $0.02, up 0.00% on the session, giving a market capitalisation of $91.7M. On trailing twelve-month figures it carries a trailing P/E of -0.31, a net margin of 0.0%. Its beta of 0.36 implies it has historically moved less than the broad market.
Headquartered in Sydney, Australia, Melbana Energy Limited is an oil and gas exploration company actively developing projects in both Cuba and Australia. Its portfolio includes a full 100% interest in the Tassie Shoal Methanol and LNG project located in Australia, alongside complete ownership of Cuba's Santa Cruz oil field. The company also holds a 100% stake in the WA-544-P and NT/P87 permits, covering approximately 4,000 square kilometers within the Petrel sub-basin. Further expanding its Cuban presence, Melbana possesses a 30% interest in Block 9, an area spanning 2,344 square kilometers. Founded in 1994, the company was known as MEO Australia Limited until November 2016, when it rebranded to its current name.
Melbana Energy Limited is most often compared with the following Energy names: