Otto Energy Ltd, an oil and gas exploration and production company, has been making strategic moves in the energy sector, particularly focusing on North America. The company is primarily engaged in the exploration and production of oil and gas, with a significant emphasis on its operations in the Gulf of Mexico and Texas.

As of September 16, 2025, Otto Energy Ltd’s share price closed at 0.004 AUD, marking the 52-week low for the company. This figure contrasts with the 52-week high of 0.014 AUD, recorded on October 21, 2024. The company’s market capitalization stands at 12,960,000 AUD, reflecting its current valuation in the market.

Otto Energy Ltd’s operations are centered around two key assets. The first is the SM 71 oil field located in the Gulf of Mexico, where the company is actively producing oil. The second significant asset is the Lightning discovery in Matagorda County, Texas, from which the company extracts gas and condensate. These operations underscore Otto Energy Ltd’s commitment to leveraging its regional expertise in North America.

Despite its active operations, the company’s financial metrics indicate challenges. The price-to-earnings ratio is currently at -11.584, suggesting that the company is not generating positive earnings at this time. This financial indicator is crucial for investors assessing the company’s profitability and growth potential.

Otto Energy Ltd is listed on the ASX All Markets, trading in Australian dollars (AUD). The company’s strategic focus on North American assets highlights its intent to capitalize on regional opportunities in the oil and gas sector. As the energy landscape continues to evolve, Otto Energy Ltd’s performance and strategic decisions will be closely monitored by stakeholders and industry analysts.