Cue Energy declares $3.5M final dividend

Cue Energy (ASX:CUE) has reported its FY2025 results, which included a final dividend of 0.5 cents per share. This move will return a further $3.5M to shareholders, marking a strong financial year for the company. The total dividend payout for FY2025 reaches 1.5 cents per share, or $10.5M, delivering a 14% yield to shareholders. The company also reported a 10% increase in revenue from the prior year, totaling $54.8M. Cue CEO Matthew Boyall commented on the results, “Cue delivered strong revenue, navigating a year of global uncertainties and oil price volatility, a testament to the strength of our diversified portfolio. Production for the year reached 602 mboe, with EBITDAX totaling $30.3M. The company generated $24M in net cash from operations, ending FY2025 with a solid cash balance of $10.8M and no debt, demonstrating financial stability. Looking ahead, Cue Energy will focus on growing production and reserves while enhancing the performance of existing assets. This includes shifting development focus at the Mahato PSC to the Telisa reservoir, with new drilling and recompletions planned.

The total dividend payout for FY2025 reaches 1.5 cents per share, or $10.5M, delivering a 14% yield to shareholders. The company also reported a 10% increase in revenue from the prior year, totaling $54.8M.

Cue CEO Matthew Boyall commented on the results, “Cue delivered strong revenue, navigating a year of global uncertainties and oil price volatility, a testament to the strength of our diversified portfolio.

Production for the year reached 602 mboe, with EBITDAX totaling $30.3M. The company generated $24M in net cash from operations, ending FY2025 with a solid cash balance of $10.8M and no debt, demonstrating financial stability.

Looking ahead, Cue Energy will focus on growing production and reserves while enhancing the performance of existing assets. This includes shifting development focus at the Mahato PSC to the Telisa reservoir, with new drilling and recompletions planned.