Lakes Blue Energy NL

Lakes Blue Energy NLverified

LKOLF

Price:

$0.01

Market Cap:

$24.60M

Lakes Blue Energy NL, in conjunction with its various subsidiaries, is dedicated to the exploration of oil and natural gas resources. The company maintains exploration entitlements for both petroleum and minerals across a diverse portfolio of regions, spanning the Australian states of Victoria, Queensland, and South Australia, as well as Papua New Guinea and the United States. Established in 1946, the entity operated as Lakes Oil NL until its transition to the current name, Lakes Blue Energy NL, in March of 2021. Its principal office is situated in Sydney, Australia.

Industry

Oil & Gas Exploration & Production

IPO Date

2010-08-17

Stock Exchange

OTC

Ticker

LKOLF

The ROE as of June 2026 (TTM) for Lakes Blue Energy NL (LKOLF) is -1.63%

According to Lakes Blue Energy NL’s latest financial reports and current stock price. The company's current ROE is -1.63%. This represents a change of -237.51% compared to the average of 1.18% of the last 4 quarters.

Lakes Blue Energy NL (LKOLF) Historical ROE (quarterly & annually)

How has LKOLF ROE performed in the past?

The mean historical ROE of Lakes Blue Energy NL over the last ten years is -28.46%. The current -1.63% ROE has changed -94.29% with respect to the historical average. Over the past ten years (40 quarters), LKOLF's ROE was at its highest in in the June 2025 quarter at 24.47%. The ROE was at its lowest in in the June 2016 quarter at -716.45%.

Quarterly (TTM)
Annual

Average

-28.46%

Median

-3.42%

Minimum

-223.23%

Maximum

21.59%

Lakes Blue Energy NL (LKOLF) ROE by Quarter and Year

Discovering the peaks and valleys of Lakes Blue Energy NL ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 134.36%

Maximum Annual ROE = 21.59%

Minimum Annual Increase = -810.92%

Minimum Annual ROE = -223.23%

Quarterly (TTM)
Annual
YearROEChange
202521.59%-810.92%
2024-3.04%-86.31%
2023-22.19%-90.06%
2022-223.23%589.78%
2021-32.36%750.34%
2020-3.81%-81.68%
2019-20.77%134.36%
2018-0.02%-77.50%
2017-0.07%-90.55%
2016-0.73%-85.16%

Lakes Blue Energy NL (LKOLF) Average ROE

How has LKOLF ROE performed in the past?

The current ROE of Lakes Blue Energy NL (LKOLF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-1.21%

5-year avg

-51.85%

10-year avg

-28.46%

Lakes Blue Energy NL (LKOLF) ROE vs. Peers

How is LKOLF’s ROE compared to its peers?

Lakes Blue Energy NL’s ROE is less than Byron Energy Limited (19.50%), greater than G2 Energy Corp. (-280.06%), less than Eurogas International Inc. (3.07%), less than Striker Oil & Gas, Inc. (0%), greater than Chord Energy Corporation (-0.83%), less than Earth Search Sciences, Inc. (0%), less than Terra Energy Corp. (0%), less than Barryroe Offshore Energy plc (5.13%), less than Canada Energy Partners Inc. (392.86%), less than Groundstar Resources Limited (0%),

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