CONRAD ASIA ENERGY LTD (CRD)

---

AI Coverage Rating: Active

ASX AI Signals has generated 5 signal for CRD during the last 90 days, indicating active trading activity and ongoing AI monitoring

Latest CRD Signals
09/06/2026	BUY
08/06/2026	BUY
07/06/2026	BUY
CRD Share Price
Current Price	$0.560
52 Week High	$0.885
52 Week Low:	$0.410
Trading at (% of 52 Week High)	63.28%

Business Overview

Conrad Asia Energy Ltd (ASX: CRD) is an Australian-based company engaged in oil and gas exploration, development, and production activities primarily in Asia. The company focuses on identifying and developing energy assets to support regional energy needs.

ASX Sector Overview

Sector:   Energy

The ASX Energy sector includes companies involved in the production and distribution of energy resources such as oil, gas, coal, and renewable energy. It covers a range of activities including exploration, extraction, refining, and energy generation. Many firms in this sector also focus on developing alternative and sustainable energy sources like solar, wind, and battery technology. The sector plays a key role in powering homes, industries, and transportation in Australia and globally. It is influenced by global energy prices, regulatory changes, and technological advancements.

Latest AI Recommendation

The BUY signal for CONRAD ASIA ENERGY LTD (CRD) is supported by current market momentum and potential sector recovery, but the relatively low stock price and limited available data introduce moderate risk.

Latest  CONRAD ASIA ENERGY LTD(CRD)   News

09 Jun 2026, 12:18 AM

WNEL signs rig contract for Mako gas field in Natuna Sea

Conrad Asia Energy’s subsidiary, West Natuna Exploration (WNEL), has signed a contract with Pertamina Drilling Services Indonesia (PDSI) for the provision of a jack-up drilling rig. The rig will be used as part of the development of the Mako gas field in the Natuna Sea offshore Indonesia. The field

11 May 2026, 08:58 PM

Conrad awards SURF contract for Mako field to Timas Suplindo

Conrad Asia Energy subsidiary West Natuna Exploration has awarded the subsea umbilical, flowline and riser (SURF) contract for the Mako gas field offshore Indonesia to Timas Suplindo. The value of the engineering, procurement, construction and installation contract has not been disclosed by Conrad

05 Mar 2026, 01:37 AM

Conrad approves Mako Gas Project FID offshore Indonesia

Conrad Asia Energy and its majority-owned subsidiary, West Natuna Exploration, have approved the final investment decision (FID) for the Mako Gas Project offshore Indonesia. This decision moves the project into full development, with first gas production targeted for the fourth quarter of 2027 (Q4

20 Nov 2025, 07:02 AM

3 ASX Penny Stocks With Market Caps Under A$200M To Watch

As the Australian market navigates a period of correction, influenced by global economic factors and local financial dynamics, investors are keenly observing sectors like materials and IT for potential opportunities. Amidst these fluctuations, penny stocks—though an older term—remain a compelling ar

25 Jul 2025, 01:05 PM

ASX Penny Stocks To Watch In July 2025

As the Australian market faces a slight downturn, with ASX 200 futures indicating a dip, investors are keeping a close eye on opportunities that can weather economic uncertainties. Penny stocks, despite their somewhat outdated moniker, continue to attract attention for their potential value and grow