Top End Energy (ASX:TEE) Beta: -0.0244 (As of Jul. 14, 2026)

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What is Top End Energy Beta?

Top End Energy ASX:TEE Beta is -0.0244 as of Jul. 14, 2026. The stock has 1 warning sign investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-14), Top End Energy's Beta is -0.0244.

Top End Energy  (ASX:TEE) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Top End Energy Beta Related Terms

Top End Energy Beta Historical Data

* Premium members only.

The historical data trend for Top End Energy's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Top End Energy Beta Chart

Top End Energy Annual Data
Trend Jun22 Jun23 Jun24
Beta
0.00 0.00 0.00

Top End Energy Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.16 -0.34

ASX:TEE vs COP, EOG, OXY: Beta Comparison

For the Oil & Gas E&P subindustry, Top End Energy's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Top End Energy Beta vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Top End Energy's Beta distribution charts can be found below:

* The bar in red indicates where Top End Energy's Beta falls into.


Top End Energy Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -0.0244 mean?
Top End Energy (ASX:TEE) has a Beta of -0.0244 as of Jul. 14, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Top End Energy and its competitors.
Is Top End Energy's Beta too high?
Top End Energy's current Beta is -0.0244.
How does Top End Energy's Beta compare to COP and EOG?
Top End Energy's Beta of -0.0244 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Oil & Gas company?
A good Beta depends on the Oil & Gas industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Top End Energy and its competitors. Top End Energy's current Beta is -0.0244. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top End Energy stock overvalued right now?
Top End Energy (ASX:TEE) has a current Beta of -0.0244. The current Beta is -0.0244. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Top End Energy (ASX:TEE), the current Beta is -0.0244 as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Top End Energy Business Description

Industry EnergyOil & Gas
Address 10 Outram Street, Level 2, Perth, WA, AUS, 6005
Top End Energy Ltd operates in the oil and gas industry with a focus on exploring for oil, gas and other associated, and potentially marketable, product streams in Queensland and the Northern Territory. The company's projects include Tri Star Project, NT Territory Holdco Pty Ltd, and TG Project. The Group has identified one operating segment being the exploration for natural gas in Australia.