Key points
- Final dividend of 0.25 cents per share declared, totaling $1.75 million
- Production growth projects underway with current drilling at Palm Valley and Mahato
- $20 million in net operating cash flow generated, with closing cash of $15.7 million and no debt
Full summary
Cue Energy Resources Limited (ASX:CUE) has released its full year 2026 (FY26) results, reporting total revenue of $50.3 million and underlying EBITDAX of $28.5 million, reflecting continued strong performance from its diversified production portfolio. A final dividend of $0.0025 (0.25 cents) per share has been declared, bringing the total dividends declared for FY26 to $0.005 (0.5 cents) per share. Cue CEO Matthew Boyall commented on the results: 'Cue delivered another year of strong cash generation, with $20 million in net operating cash flow and a year-end cash balance of $15.7 million, with no debt. This has enabled us to continue dividend payments while maintaining the financial capacity to fund ongoing growth projects. The FY26 final dividend is our sixth consecutive dividend and takes total cash returned to our shareholders to $35 million since 2024.'
Guidance
Revenue: $50.3 million, Underlying EBITDAX: $28.5 million, Profit before tax: $17.9 million
Outlook
Cue enters FY27 with a strong balance sheet and an active investment program across its core producing assets, with near-term drilling focused on Palm Valley and Mahato.