Icon Energy (ICN.AX) Stock Price

Icon Energy Price

Delisted
0.01
+0.00 (+0.00 %)
Last traded price

Over the last 5 years Icon Energy grew revenue by 65.5% annually, reaching 2.36 M AUD. Earnings per share have declined at 18.4% per year over the last 7 years. For Icon Energy, the net margin of -254.2% is down versus 820.5% a few years ago.

Icon Energy stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Icon Energy over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Icon Energy stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Icon Energy's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Icon Energy Stock Price History
DateIcon Energy Price
1/12/20260.01 AUD
1/9/20260.01 AUD
1/8/20260.01 AUD
1/7/20260.01 AUD
1/6/20260.01 AUD
1/5/20260.01 AUD
1/2/20260.01 AUD
12/31/20250.01 AUD
12/30/20250.01 AUD
12/29/20250.01 AUD
12/24/20250.01 AUD
12/23/20250.01 AUD
12/22/20250.01 AUD
12/19/20250.01 AUD
12/18/20250.01 AUD
12/17/20250.01 AUD
12/16/20250.01 AUD
12/15/20250.01 AUD
12/12/20250.01 AUD
12/11/20250.01 AUD
12/10/20250.01 AUD
12/9/20250.01 AUD
12/8/20250.01 AUD
12/5/20250.01 AUD
12/4/20250.01 AUD
12/3/20250.01 AUD
12/2/20250.01 AUD
12/1/20250.01 AUD
11/28/20250.01 AUD
11/27/20250.01 AUD
Access this data via the Eulerpool API

Icon Energy Revenue, EBIT, Net Income

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
0.00 AUD
-4.00 M AUD
-4.04 M AUD
Jan 1, 2019
0.00 AUD
-6.00 M AUD
-31.37 M AUD
Jan 1, 2020
0.00 AUD
-3.10 M AUD
-2.95 M AUD
Jan 1, 2021
0.00 AUD
-1.22 M AUD
-6.92 M AUD
Jan 1, 2022
0.00 AUD
-1.49 M AUD
-1.47 M AUD
Jan 1, 2023
0.00 AUD
-1.63 M AUD
-5.54 M AUD
Jan 1, 2024
0.00 AUD
-1.05 M AUD
-1.16 M AUD
Jan 1, 2025
0.00 AUD
-1.04 M AUD
-1.08 M AUD

Icon Energy Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 16, 2026, 1:03 AM
 
REVENUEM AUD
GROSS MARGIN%
GROSS INCOMEM AUD
EBITM AUD
EBIT MARGIN%
NET INCOMEM AUD
NET INCOME GROWTH%
SHARESM
2010201120122013201420152016201720182019202020212022202320242025
2.00
-50.00
-1.00-1.00-2.00-2.00-3.00-2.00-1.00-1.00-1.00-3.00-1.00-1.00-1.00-1.00-1.00-1.00
-3.00-6.00-5.00-6.00-6.00-6.00-4.00-4.00-4.00-6.00-3.00-1.00-1.00-1.00-1.00-1.00
-300.00
-3.00-6.00-4.003.001.00-5.00-5.00-5.00-4.00-31.00-2.00-6.00-1.00-5.00-1.00-1.00
-40.00100.00-33.33-175.00-66.67-600.00-20.00675.00-93.55200.00-83.33400.00-80.00
438.95455.20469.30511.06587.21615.93723.19717.10717.10717.10717.16717.16688.06765.51768.01821.99
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Icon Energy generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Icon Energy retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Icon Energy's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Icon Energy has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Icon Energy's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Icon Energy stock margins

The Icon Energy margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Icon Energy. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Icon Energy.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
-56.36 %
- %
- %
Jan 1, 2019
-56.36 %
- %
- %
Jan 1, 2020
-56.36 %
- %
- %
Jan 1, 2021
-56.36 %
- %
- %
Jan 1, 2022
-56.36 %
- %
- %
Jan 1, 2023
-56.36 %
- %
- %
Jan 1, 2024
-56.36 %
- %
- %
Jan 1, 2025
-56.36 %
- %
- %

Icon Energy Stock Revenue, EBIT, Earnings per Share

The Icon Energy earnings per share therefore indicates how much revenue Icon Energy has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
0.00 AUD
-0.01 AUD
-0.01 AUD
Jan 1, 2019
0.00 AUD
-0.01 AUD
-0.04 AUD
Jan 1, 2020
0.00 AUD
-0.00 AUD
-0.00 AUD
Jan 1, 2021
0.00 AUD
-0.00 AUD
-0.01 AUD
Jan 1, 2022
0.00 AUD
-0.00 AUD
-0.00 AUD
Jan 1, 2023
0.00 AUD
-0.00 AUD
-0.01 AUD
Jan 1, 2024
0.00 AUD
-0.00 AUD
-0.00 AUD
Jan 1, 2025
0.00 AUD
-0.00 AUD
-0.00 AUD

Icon Energy business model & stock analysis

Icon Energy Ltd is an Australian energy company that focuses on the exploration and production of natural gas. The company was founded in 1928 under the name Westoil before being renamed Icon Energy Ltd. The company's headquarters is located in Brisbane, Queensland.

Icon Energy SWOT Analysis

Strengths

Icon Energy Ltd possesses several key strengths that contribute to its success in the market:

  • A strong portfolio of energy assets, including both conventional and unconventional resources.
  • Significant expertise in exploration, development, and production of energy resources.
  • Established relationships with industry partners and stakeholders.
  • A well-structured and experienced management team.
  • Strong financial position and access to capital for business expansion.

Weaknesses

Although Icon Energy Ltd has achieved notable success, it also faces certain weaknesses that may hinder its growth:

  • Reliance on a limited number of energy assets, potentially exposing the company to market fluctuations.
  • A narrow geographic presence, limiting its exposure to new markets and diversification opportunities.
  • Dependency on external partners for certain processes, resulting in reduced control over operations.
  • Challenges in maintaining a competitive edge in a rapidly evolving energy market.
  • A comparatively smaller market share compared to industry giants.

Opportunities

Icon Energy Ltd can leverage the following opportunities to drive growth and long-term success:

  • Increasing global energy demands, presenting opportunities for expansion and new market entry.
  • Rising focus on clean and renewable energy, allowing Icon Energy Ltd to capitalize on its sustainability initiatives.
  • Exploration and development of untapped energy reserves in emerging markets.
  • Potential acquisitions or partnerships to enhance the company's asset base and market presence.
  • Integration of advanced technologies to improve operational efficiency and reduce costs.

Threats

Icon Energy Ltd faces the following threats that may pose challenges to its growth and profitability:

  • Fluctuating energy prices and market volatility, impacting revenue and profitability.
  • Stringent environmental regulations and policies, requiring compliance and potential additional costs.
  • Competition from larger energy players with significant market power.
  • Geopolitical factors and global macroeconomic uncertainties affecting energy markets.
  • Technological advancements disrupting traditional energy sources and business models.

Icon Energy Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Icon Energy historical P/E ratio, EBIT multiple, and P/S ratio

Icon Energy annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down Icon Energy's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in Icon Energy's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Icon Energy's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Icon Energy shares outstanding

The number of shares of Icon Energy was 821.99 M in 2025. This indicates how many shares Icon Energy is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
717.10 M Stocks
Jan 1, 2019
717.10 M Stocks
Jan 1, 2020
717.16 M Stocks
Jan 1, 2021
717.16 M Stocks
Jan 1, 2022
688.06 M Stocks
Jan 1, 2023
765.51 M Stocks
Jan 1, 2024
768.01 M Stocks
Jan 1, 2025
821.99 M Stocks
Price targets and forecasts for Icon Energy are not yet available.

Icon Energy shareholder structure

% Name
18.30476%
James (Raymond Swinburn)
James (Raymond Swinburn)
9.77126%
HK Prosperous Technology Ltd.
HK Prosperous Technology Ltd.
5.47454%
Saba Super Pty. Ltd.
Saba Super Pty. Ltd.
4.78686%
Li (Ching-Tang)
Li (Ching-Tang)
2.89702%
Saba (Eddie)
Saba (Eddie)
2.55479%
Saba (Daniel)
Saba (Daniel)

Icon Energy Executives and Management Board

7 members · avg. age 65 · 0 % women

RH

Mr. Richard Holliday

Commercial Manager

369,852.00 AUD

Management

JM

Mr. Jeffrey Marvin

Managing Director, Director · since 2023

MB

Mr. Martin Berry

Exploration Manager

Board of Directors

RJ

Mr. Raymond James

Chairman of the Board · since 1993

966,296.00 AUD
PW

Mr. Peter Wilson (65)

Non-Executive Director

KH

Dr. Keith Hilless

Non-Executive Independent Director

DM

Mr. Derek Murphy

Non-Executive Independent Director

Icon Energy Supply Chain

Icon Energy Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
2 companies
#NameTrend
1
Beach Energy
Supplier·Customer·Oil, Gas & Consumable Fuels·AU
-0.03
-0.14
0.10
0.41
0.42
2
Zhongxing Tianheng Energy A
Customer·Oil, Gas & Consumable Fuels·CN
-0.53
0.56
-0.02
-0.52
-0.11

Frequently asked questions about Icon Energy

The business model of Icon Energy Ltd revolves around the exploration, development, and production of oil and gas resources. As an Australian energy company, Icon Energy focuses on acquiring and assessing prospective projects in the country. With a strong emphasis on innovation and resource optimization, the company aims to maximize the production potential of its assets. Through strategic partnerships and effective utilization of advanced technologies, Icon Energy Ltd strives to deliver long-term value to its shareholders by efficiently extracting and delivering energy resources to the market.

Icon Energy Ltd is primarily active in the energy industry and is engaged in the exploration and production of oil and gas reserves. With a focus on the development of conventional and unconventional gas resources, Icon Energy Ltd operates in both onshore and offshore regions. This Australian company is committed to sustainable growth and employs innovative technologies to maximize production and minimize environmental impact. With its strong presence in the energy sector, Icon Energy Ltd continues to contribute to the development of the oil and gas industry.

The main competitors of Icon Energy Ltd in the market include companies such as Santos Ltd, Origin Energy Ltd, and Beach Energy Ltd.

Icon Energy Ltd is an Australian energy exploration company specializing in the development of unconventional gas resources. Established in 1993, Icon Energy has built a solid foundation in the energy industry through its expertise in identifying and acquiring promising exploration permits. With a focus on coal seam gas and shale gas, Icon Energy aims to meet the growing energy demands of Australia. The company has a successful track record of conducting extensive drilling programs and strategic partnerships with industry leaders. Icon Energy continues to contribute to the Australian energy sector by actively exploring and developing its extensive portfolio of projects.

Significant milestones achieved by Icon Energy Ltd include: expanding its exploration reach through strategic joint ventures, continuously acquiring and consolidating oil and gas assets, and successfully making substantial reserves discoveries. Additionally, Icon Energy Ltd has consistently increased production capacity and improved operational efficiency. The company has also demonstrated its commitment to sustainable development by implementing innovative technologies and best practices. With a strong focus on growth and value creation, Icon Energy Ltd has been able to build a reputable presence in the energy industry, attracting investors and maintaining a positive trajectory for future success.

Icon Energy Ltd is primarily present in Australia.

Icon Energy Ltd is a company that represents values of integrity, innovation, and sustainability. With a strong corporate philosophy, Icon Energy Ltd aims to provide exceptional services to its customers through responsible and ethical practices. The company prioritizes the safety, satisfaction, and success of its stakeholders by offering reliable energy solutions and continuously optimizing its operations. Icon Energy Ltd strives to be a leader in the industry, delivering value and contributing to the development of society. Through their commitment to excellence, they aim to make a positive impact while maintaining a strong focus on environmental stewardship and community engagement.

Converted at the current exchange rate, the Icon Energy share trades at 0.00 EUR (0.01 AUD).

The Icon Energy share (ICN.AX) is listed on 2 stock exchanges, including: ASX (ICN.AX).

Icon Energy Ltd is an energy company that focuses on the exploration, development, production, and sale of oil and gas. From the exploration of potential oil and gas deposits to production and sales, there are a variety of activities that Icon Energy must undertake. One of the company's key areas of focus is exploration, where it searches for potential oil and gas deposits. Icon Energy utilizes advanced technology and data analysis for this task and works closely with the government to identify safe and effective exploration areas. Once a potential area is found, the next phase is development, which involves drilling wells and establishing the necessary infrastructure to continue exploration. Once oil and/or gas is discovered, production begins, and the company has its own production facilities. These facilities extract oil and/or gas from reservoirs and transport it in pipelines or storage tanks. Icon Energy also participates in joint ventures to ensure maximum yield from oil and gas reservoirs. Icon Energy is also involved in natural gas processing, where the company separates natural gas into components such as ethane, propane, butane, and cycles it through the power grid, which are then used in various industries such as chemical, medical, and fuel. Additionally, Icon Energy is active in the trading and sales industry with a focus on crude oil and natural gas. The company sells its products either directly to end customers or to retailers who then sell or process these products. Icon Energy works closely with governments to achieve the best prices and conditions and to place its products in the best markets. The products offered by Icon Energy also include a wide range of natural gas products, such as liquefied gas, which is used in various industries and is also available for sale in local markets. Over the years, Icon Energy has implemented several projects both domestically and internationally and has also become a major supplier of LNG products. The main task of Icon Energy is to ensure a sustainable and continuous energy supply to meet the needs of its customers. The company is committed to adhering to strict environmental standards and has taken measures to minimize its impact on the environment. This way, customers can be assured that they are receiving environmentally friendly fuels that meet their energy needs in a responsible manner. Overall, Icon Energy offers a comprehensive range of oil and gas products that meet the needs of its customers. From the exploration of potential oil and gas deposits to production and sales, the company provides a comprehensive service that is focused on sustainability and environmental responsibility.

The revenue cannot currently be calculated for Icon Energy.

The profit cannot currently be calculated for Icon Energy.

The P/E ratio cannot be calculated for Icon Energy at the moment.

The P/S cannot be calculated for Icon Energy currently.

The Eulerpool Quality Score for Icon Energy is 2/10.

The ISIN of Icon Energy is AU000000ICN5. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Icon Energy is A0DKVG. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Icon Energy is ICN.AX. The ticker symbol is used to trade Icon Energy shares on the stock exchange.

Icon Energy paid dividends every year for the past 0 years.

Icon Energy is assigned to the 'Energy' sector.

The dividends of Icon Energy are distributed in AUD.

Fair ValuePRO
0.00 AUD
Over-/UndervaluationPRO
Fairly valued
Sector
Industry
Oil, Gas & Consumable Fuels
Number of shares
Employees
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Australia
Currency
AUD
Initial public offering
Sep 22, 1997
ISIN
AU000000ICN5
Cusip
Q48618104
Sedol
6039622
Market capitalization
4.93 M AUDMicro Cap
52-Week Range
0.010.01AUD
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
P/E ratio
P/Ee
P/S
P/Se
EV/EBIT
P/B Ratio
2.77
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
26.56 %
Gross Margin
-56.36 %
EBIT Margin
null %
Net Margin
null %
EPS (Earnings Per Share)
-0.00 AUD
Net Debt / EBIT
-0.02
Debt/Equity
-0.10
Last updated Sep 16, 2026, 1:03 AM

Icon Energy Ticker

ASX · ICN.AXOTC · ICNOF

Icon Energy FIGI

ICN:AU · BBG000BW15S3ICN:AT · BBG000BW16C8ICNOF:US · BBG000D057R4ICNOF:PQ · BBG000D05HW6ICNOF:UV · BBG000D06L10ICN:AH · BBG002F3GRC2

All fundamentals and in-depth analysis of Icon Energy

Our stock analysis for Icon Energy stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Icon Energy. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.