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Brookside Energy Ltd ASX:BRK

0 opened or increased1 held0 reduced or exitedlatest position by manager, past 12 months90 days: 0 increased, 0 reduced. 1 managers in total.

Position history by manager 1 managersSelect a point to see the comment

Opened or increasedHeldReduced or exited Start or end of the position not reported

19 Apr 2026 to today

Commentary 1 comments

DateManagerActionSummary

18 May 2026Seneca Financial SolutionsHeldSeneca Financial Solutions continues to hold Brookside Energy Ltd because it is a US oil producer trading at approximately 1.5x EBITDA — well below US peer multiples of 4–5x — with a market capitalisation of approximately $40 million and approximately $10 million in cash, representing a deeply discounted play on oil price exposure. Seneca Financial Solutions views it as significantly under-owned across the industry.

Presentation, price recorded $0.51

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First mention by manager

Price recorded at each manager's first comment

Price at first mentionThe share price recorded when each of 1 managers first commented on BRK.

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About Brookside Energy Ltd

Energy, Oil, Gas and Consumable Fuels

Brookside Energy (ASX:BRK), a US oil producer, is seen by Seneca as a cheap leveraged play. In May 2026, Seneca described Brookside as a US oil producer that is more of a leverage play on oil prices, calling it super cheap at a market value of around $40 million. Brookside Energy operates in the Energy sector within the Oil, Gas and Consumable Fuels industry, and Thesis Tracker has captured 1 comment from 1 fund manager, Seneca Financial Solutions. Headquartered in Perth, Brookside Energy explores for, develops and produces oil and gas in the Anadarko Basin in Oklahoma, United States, through its operated wells and working interests, generating revenue from oil, gas and natural gas liquids sales, and has focused on building production and cash flow from its acreage position in one of the most productive onshore basins in North America.

Market cap: $35m
Price to earnings: 14.5x
Return on equity: 2.9%
Dividend yield: 0.0%
Price to book: 0.40x
Net margin: 5.1%
52-week range: $0.36 to $0.64

Company figures as of 15 Oct 2026. For information only.

Questions

Who is investing in Brookside Energy Ltd (ASX:BRK)?

Fund managers including Seneca Financial Solutions have invested in Brookside Energy Ltd (ASX:BRK).

What opportunities or catalysts do fund managers highlight for Brookside Energy Ltd?

Seneca highlights Brookside as a cheap, leveraged exposure to oil prices through its US production.

What are the key risks to the Brookside Energy Ltd investment thesis, according to fund managers?

The available commentary does not detail specific risks, though Brookside's earnings are highly sensitive to oil and gas prices, and it is a very small producer.

What does Brookside Energy Ltd (ASX:BRK) do?

Brookside Energy Ltd. explores, produces and develops oil and gas. The company operates through two reportable segments: Oil & Gas and Corporate. The Oil & Gas segment includes acquisition costs for exploration licences and all expenses related to U.S. projects. The Corporate segment covers treasury, corporate and regulatory expenses. Founded on 20 April 2004, Brookside Energy Ltd. is headquartered in Subiaco, Australia.

General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.

11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.

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