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Icon Energy Corp. (ICON)
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Upturn Advisory Summary
12/08/2025: ICON (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $4.5
1 Year Target Price $4.5
| 0 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -46.06% | Avg. Invested days 18 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 12/08/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 2.77M USD | Price to earnings Ratio - | 1Y Target Price 4.5 |
Price to earnings Ratio - | 1Y Target Price 4.5 | ||
Volume (30-day avg) 1 | Beta - | 52 Weeks Range 0.69 - 99.81 | Updated Date 12/8/2025 |
52 Weeks Range 0.69 - 99.81 | Updated Date 12/8/2025 | ||
Dividends yield (FY) 34.93% | Basic EPS (TTM) -66.75 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-11-10 | When - | Estimate -0.24 | Actual -0.4496 |
Profitability
Profit Margin -46.44% | Operating Margin (TTM) 30.08% |
Management Effectiveness
Return on Assets (TTM) -0.46% | Return on Equity (TTM) -26.37% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 34023865 | Price to Sales(TTM) 0.29 |
Enterprise Value 34023865 | Price to Sales(TTM) 0.29 | ||
Enterprise Value to Revenue 3.6 | Enterprise Value to EBITDA 14.16 | Shares Outstanding 3450000 | Shares Floating 2225483 |
Shares Outstanding 3450000 | Shares Floating 2225483 | ||
Percent Insiders 0.14 | Percent Institutions 3.55 |
Upturn AI SWOT
Icon Energy Corp.
Company Overview
History and Background
Icon Energy Corp. (formerly Icon Energy Ltd.) was an Australian oil and gas exploration company. It was founded in 2004 and focused on onshore gas exploration in the Cooper Basin, Queensland, Australia. Key milestones included various drilling programs and the pursuit of development opportunities. The company faced financial difficulties and was delisted from the ASX in 2019. It appears to be no longer actively operating in its original capacity.
Core Business Areas
- Oil and Gas Exploration: The company's primary focus was on the exploration and appraisal of conventional and unconventional gas reserves within its tenements in Queensland, Australia.
- Development and Production (Planned): Icon Energy had plans to develop and produce discovered gas resources, though these plans were significantly impacted by financial constraints.
Leadership and Structure
As an active entity, Icon Energy Corp. had a board of directors and a management team responsible for its operations and strategic direction. Specific details on the current leadership and structure are not readily available due to its delisting and cessation of operations.
Top Products and Market Share
Key Offerings
- Natural Gas Exploration Tenements: The company's core 'offering' was its portfolio of exploration permits for natural gas in the Cooper Basin. No specific market share data for these tenements can be provided as it was an exploration company, not a producer with a defined market share of produced gas. Competitors in the Cooper Basin exploration space included companies like Senex Energy and Vintage Energy.
Market Dynamics
Industry Overview
The oil and gas exploration and production industry is capital-intensive, subject to commodity price volatility, regulatory changes, and environmental considerations. The Australian coal seam gas sector, where Icon Energy operated, has seen significant development and competition.
Positioning
Icon Energy Corp. was a junior exploration company aiming to find and develop significant gas reserves. Its positioning was as a potential future supplier within the Australian domestic gas market. Its competitive advantage would have been its tenement position if significant discoveries were made and successfully commercialized, but it ultimately struggled to achieve this.
Total Addressable Market (TAM)
The TAM for natural gas in Australia is substantial, driven by domestic power generation, industrial use, and LNG exports. Icon Energy Corp.'s potential contribution to this TAM was contingent on successful exploration and development, which did not materialize.
Upturn SWOT Analysis
Strengths
- Exploration acreage in a known gas-producing basin (Cooper Basin).
- Potential for significant resource discovery.
Weaknesses
- Limited financial resources for extensive exploration and development.
- History of financial difficulties and eventual delisting.
- Dependence on external funding.
- Lack of operational track record in production.
Opportunities
- Increasing demand for natural gas in Australia.
- Potential for joint ventures or farm-in agreements with larger energy companies.
- Advancements in exploration and extraction technologies.
Threats
- Volatility of commodity prices.
- Stringent environmental regulations.
- Competition from established energy producers.
- Access to capital and financing.
Competitors and Market Share
Key Competitors
- Senex Energy (SXY.AX)
- Vintage Energy (VEN.AX)
- Central Petroleum (CTP.AX)
Competitive Landscape
Icon Energy Corp. operated in a competitive landscape of junior and mid-tier exploration companies in Australia. Its disadvantages included smaller scale, limited capital, and the inherent risks of exploration compared to more established players. Its potential advantage was its tenement position, which was not fully realized.
Growth Trajectory and Initiatives
Historical Growth: The company's historical growth was tied to the progression of its exploration programs and the acquisition of new permits. However, this growth was not translated into sustainable operational or financial growth.
Future Projections: Future projections are not applicable as the company is no longer an active, publicly traded entity. Any prior projections would have been speculative and dependent on successful exploration and funding.
Recent Initiatives: The most significant 'recent initiative' was the process leading to its delisting and potential wind-up, rather than growth-oriented strategies.
Summary
Icon Energy Corp. was an Australian oil and gas exploration company that focused on the Cooper Basin. The company ultimately failed to commercialize its exploration assets due to financial constraints and was delisted. It is no longer an active player in the market.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Historical company filings (ASX)
- Financial news archives
- Industry analysis reports (general)
Disclaimers:
Information provided is based on historical data and the company's status as a delisted entity. Icon Energy Corp. is not currently an active or tradable US stock. This analysis reflects its past operational status and market position.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Icon Energy Corp.
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2024-07-12 | CEO & Chairwoman of the Board Ms. Ismini Evangelia Panagiotidi | ||
Sector Industrials | Industry Marine Shipping | Full time employees - | Website https://www.icon-nrg.com |
Full time employees - | Website https://www.icon-nrg.com | ||
Icon Energy Corp., a shipping company, provides seaborne transportation services for dry bulk cargoes through its fleet of oceangoing vessels worldwide. Its fleet consists of one Panamax dry bulk vessel with a carrying capacity of approximately 77,326 deadweight tons (dwt); and one Kamsarmax dry bulk vessel with a carrying capacity of approximately 81,448 dwt. The company serves dry bulk operators, commodity traders, and end users. The company was incorporated in 2023 and is based in Athens, Greece. Icon Energy Corp. is a subsidiary of Atlantis Holding Corp.
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