Latest Otto Energy (Asx:Oel) News

Page 1 of 1
Otto Energy reported an 11% rise in oil production and a solid US$2 million net operating cash inflow in Q3 2025, alongside key executive and board changes.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Otto Energy has appointed industry veteran Chris Dorros as CEO, signaling a strategic push to leverage his two decades of upstream energy expertise. The move aligns with Otto’s growth ambitions and shareholder value focus.
Maxwell Dee
Maxwell Dee
25 Aug 2025
Otto Energy’s 2025 reserves statement reveals a 10% decline in proved reserves, balanced by strong cash reserves and steady production across key US Gulf Coast assets.
Maxwell Dee
Maxwell Dee
14 Aug 2025
Otto Energy has completed a $38.4 million capital return while maintaining steady oil production despite a dip in gas output. The company also announced the resignation of its Acting CEO, signaling a period of transition.
Maxwell Dee
Maxwell Dee
30 July 2025
Otto Energy has announced the resignation of its Acting CEO, Phil Trajanovich, after a year in the role. The board is now actively seeking a permanent replacement to lead the company forward.
Maxwell Dee
Maxwell Dee
14 July 2025
Otto Energy has secured a final Australian Taxation Office ruling clarifying the tax treatment of its recent $0.008 per share distribution, splitting it between a return of capital and a dividend.
Maxwell Dee
Maxwell Dee
8 July 2025
Otto Energy Limited has clarified that part of its recent capital return will be treated as a dividend according to a draft ATO ruling, prompting shareholders to consider tax implications carefully.
Maxwell Dee
Maxwell Dee
30 May 2025
Otto Energy Limited has announced a special unfranked dividend of AUD 0.00143 per ordinary share, with key dates set for late May and mid-June 2025.
Maxwell Dee
Maxwell Dee
26 May 2025
Otto Energy has received a draft ATO Class Ruling confirming part of its $40 million capital return will be treated as a dividend, with the remainder as a return of capital. The final ruling and payment are expected in June 2025.
Maxwell Dee
Maxwell Dee
26 May 2025
Otto Energy reported steady revenue of US$5.2 million in Q1 2025 despite a 9% production decline, offset by higher commodity prices and a significant insurance claim. The company also strengthened its cash position and reduced operating costs.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Otto Energy delivered a solid Q4 2024 with a 6% rise in production and a 4% increase in revenue, supported by operational improvements and disciplined cost management. The company also navigates a pending ATO ruling on a significant shareholder capital return.
Maxwell Dee
Maxwell Dee
31 Jan 2025