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CBM Asia Development Corp. (CBMDF) Stock Price & Analysis

Educational signal · not a buy or sell recommendation · How to read this

$0.00001 $0.00 (0.00%)
Vol: 70.0K| 52-wk range: $0.000001 – $0.0001
Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.5-flash, generated Jun 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

CBM Asia Development Corp. (CBMDF) trades at $0.00001. CBM Asia Development Corp. is an energy company focused on the procurement and evaluation of coalbed methane (CBM) assets, primarily operating in Indonesia. Sector: Energy.

Price as of · Last analyzed: Jun 15, 2026
CBM Asia Development Corp. is an energy company focused on the procurement and evaluation of coalbed methane (CBM) assets, primarily operating in Indonesia. The company holds significant interests across five CBM production sharing agreements and a joint study, covering 6,863 square kilometers.

Analyst Coverage for CBMDF: CBMDF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the CBMDF film Every key number, told as a short cinematic story — just press play. ~2 min

No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.

CBM Asia Development Corp. (CBMDF) Energy Operations & Outlook

CEOHarvey S. Price
HeadquartersVancouver, Canada
IPO Year2014
SectorEnergy

CBM Asia Development Corp. is a Vancouver-headquartered energy exploration and production company specializing in coalbed methane (CBM) assets. The company maintains significant interests in five CBM production sharing agreements and a joint study, collectively spanning 6,863 square kilometers across Indonesia, focusing on resource evaluation and development within the Asian energy market.

Data Provenance | Financial Data Quantitative Analysis Analysis: Jun 15, 2026

What Is the Investment Thesis for CBMDF?

AI-written as of Jun 15, 2026 — figures and tone reflect the data available then, not today's score.

CBM Asia Development Corp. presents an investment thesis centered on its strategic focus on coalbed methane (CBM) assets in Indonesia, a region with substantial energy demand and significant CBM potential. The company's current portfolio includes interests in five CBM production sharing agreements and a joint study, collectively covering 6,863 square kilometers, providing a substantial land base for future exploration and development. The potential for resource evaluation and eventual commercialization of these CBM assets represents a primary value driver. As a micro-cap company with a market capitalization of $0.00B, CBM Asia offers exposure to early-stage resource development in an unconventional energy segment. Growth catalysts include successful evaluation of existing assets, potential for new production sharing agreements, and strategic partnerships to de-risk development. However, the company's 'OTC Other' tier listing and limited financial disclosures introduce substantial risk, including liquidity challenges and operational uncertainties inherent in early-stage exploration. Investors would be evaluating the long-term potential of CBM resource development against the backdrop of significant operational and market risks.

Based on FMP financials and quantitative analysis

CBMDF Key Highlights

AI-written as of Jun 15, 2026 — figures and tone reflect the data available then, not today's score.

Market Capitalization: $0.00B, indicating a micro-cap or nano-cap classification within the energy sector.

  • Beta: -4.05, suggesting an inverse relationship with broader market movements, though this can be highly volatile for micro-cap companies.
  • Asset Base: Holds significant interests in five distinct Coalbed Methane (CBM) production sharing agreements in Indonesia.
  • Geographic Reach: Operations and interests span a vast 6,863 square kilometers across various regions within Indonesia.
  • Dividend Policy: The company currently does not pay dividends to its shareholders, consistent with an early-stage exploration and development focus.

Who Are CBMDF's Competitors?

CBMDF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
TPET Trio Petroleum Corp. $1.61 -1.23% $7.92M —
MXC Mexco Energy Corporation $10.06 +0.90% $20.6M —
CKX CKX Lands, Inc. $10.63 +1.05% $21.8M —
BATL Battalion Oil Corporation $1.03 -1.90% $22.7M —
INDO Indonesia Energy Corporation Limited $2.67 -0.74% $41.1M —
ANNA AleAnna, Inc. $2.67 +1.14% $109M —
EPM Evolution Petroleum Corporation $3.58 +0.28% $128M —
PED PEDEVCO Corp. $12.81 -2.36% $170M —

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are CBMDF's Key Strengths?

Focused strategy on coalbed methane (CBM) assets in Indonesia, allowing for specialized expertise.

  • Significant land position with interests in five CBM production sharing agreements and a joint study covering 6,863 sq km.
  • Headquartered in Vancouver, Canada, providing access to international capital markets.
  • Potential to capitalize on Indonesia's growing energy demand and extensive coal reserves.

What Are CBMDF's Weaknesses?

Extremely small market capitalization ($0.00B) indicating micro-cap status and potential financial fragility.

  • Trades on the 'OTC Other' tier, suggesting limited liquidity and higher investment risk.
  • Disclosure status is 'Unknown', leading to potential lack of transparency for investors.
  • Early-stage exploration company, implying no current revenue from production and high reliance on future discoveries.

What Are the Key Risks for CBMDF?

Financial-distress signal — its Altman Z-Score of -49.09 sits in the distress zone (elevated bankruptcy risk).

  • Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
  • Extreme liquidity risk due to its 'OTC Other' tier listing and near-zero market capitalization, making shares difficult to trade.
  • Significant transparency issues given the 'Unknown' disclosure status, hindering investor due diligence and financial assessment.
  • High operational risk associated with early-stage CBM exploration, including geological uncertainties and the capital-intensive nature of resource development.
  • Exposure to political and regulatory risks in Indonesia, which could impact the stability and terms of its production sharing agreements.
  • Dilution risk from future equity financing rounds, which may be necessary to fund ongoing operations and project development.

What Threats Does CBMDF Face?

  • Volatility in natural gas prices impacting the economic viability of CBM projects.
  • Regulatory changes or political instability in Indonesia affecting exploration and production rights.
  • Competition from larger, better-capitalized energy companies in the region.
  • Challenges in securing financing for capital-intensive CBM development projects.

What Are CBMDF's Competitive Advantages?

  • Specialized regional focus on Indonesian CBM, potentially leading to deep expertise in local geology and regulatory frameworks.
  • Existing portfolio of five CBM production sharing agreements and a joint study, providing a foundational asset base.
  • Early-mover advantage or established presence in a niche, unconventional energy segment within Indonesia.
  • Potential for proprietary geological data and insights gained from ongoing evaluation activities across its extensive land holdings.

What Does CBMDF Do?

CBM Asia Development Corp. is an energy company headquartered in Vancouver, Canada, with a specialized focus on the procurement and evaluation of coalbed methane (CBM) assets. Established to capitalize on the growing demand for natural gas resources, particularly from unconventional sources, the company strategically targets opportunities within the Asian market. Its primary operational footprint is in Indonesia, where it holds substantial interests across five distinct CBM production sharing agreements. These agreements, alongside participation in a joint study, collectively encompass a vast area of 6,863 square kilometers. The company's business model revolves around identifying, acquiring, and assessing CBM resource potential, aiming to transition these evaluated assets into viable production ventures. This involves geological and geophysical studies, drilling exploration wells, and reservoir characterization to determine the commercial viability of CBM extraction. CBM Asia Development Corp. positions itself as an early-stage developer and evaluator in the CBM sector, seeking to unlock value from these unconventional gas resources in a region with significant energy demand. The company's strategic focus on Indonesia leverages the country's extensive coal reserves, which are often associated with considerable CBM potential. By concentrating on a specific geographic region and a niche energy resource, CBM Asia aims to develop specialized expertise and operational efficiency in this segment of the oil and gas exploration and production industry.

What Products and Services Does CBMDF Offer?

  • Procures and evaluates coalbed methane (CBM) assets, primarily focusing on unconventional natural gas resources.
  • Holds significant interests in five CBM production sharing agreements across Indonesia.
  • Participates in a joint study related to CBM resources, contributing to its geological understanding.
  • Conducts exploration activities over 6,863 square kilometers in Indonesia to identify commercially viable CBM deposits.
  • Aims to transition evaluated CBM assets from exploration to development and eventual production phases.
  • Specializes in the unique geological and technical aspects of extracting methane from coal seams.
  • Operates within the Oil & Gas Exploration & Production industry, with a niche in unconventional gas.

How Does CBMDF Make Money?

  • Acquires interests in CBM production sharing agreements, which grant rights to explore for and produce CBM in exchange for a share of production or revenue with the host government.
  • Generates value through the successful evaluation and de-risking of CBM assets, making them attractive for further investment or farm-out to larger partners.
  • Potential future revenue generation from the sale of produced coalbed methane, once assets reach commercial production.
  • Leverages specialized expertise in CBM exploration and development to identify and unlock value from unconventional gas resources in Indonesia.

What Industry Does CBMDF Operate In?

CBM Asia Development Corp. operates within the Oil & Gas Exploration & Production industry, specifically targeting the unconventional segment of coalbed methane (CBM). The broader energy sector is undergoing a transition, with increasing emphasis on natural gas as a cleaner-burning fossil fuel compared to coal and oil, positioning CBM as a relevant resource. Indonesia, where CBM Asia focuses its operations, is a significant energy consumer and producer with extensive coal reserves, making it a prime location for CBM exploration. The competitive landscape includes larger, established oil and gas companies with diversified portfolios, as well as smaller, specialized players in unconventional gas. CBM Asia's niche focus on CBM in Indonesia allows for specialized expertise but also exposes it to the specific geological, regulatory, and market dynamics of that segment. Industry trends include technological advancements in drilling and extraction, fluctuating commodity prices, and evolving environmental regulations impacting fossil fuel development.

Who Are CBMDF's Key Customers?

  • Potential future customers would include local Indonesian energy distributors and power generation companies seeking natural gas supplies.
  • Industrial users in Indonesia requiring natural gas for manufacturing processes.
  • Other energy companies interested in acquiring or partnering on proven CBM assets for their own portfolios.
  • The Indonesian government, as a partner in production sharing agreements, is a key stakeholder and 'customer' in terms of resource development.
Model self-rating on this text: 63% (not a measure of the evidence) Updated: Jun 15, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● No usable price
  • ● No filing on record
  • ● No analyst coverage

Company Profile

CBM Asia Development Corp. operates in the Oil & Gas Exploration & Production industry within the Energy sector. It is headquartered in Vancouver, CA. The company is led by CEO Harvey S. Price. CBMDF has traded publicly since 2014.

F-Score 1/9

Financial Health

CBM Asia Development Corp.'s Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -49.09 places it in the distress zone, a signal of elevated financial risk.

CBMDF Financials

CBMDF Latest News

No recent news available for CBMDF.

CBMDF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for CBMDF.

Price Targets

Wall Street price target analysis for CBMDF.

CBMDF MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for CBMDF; grades run from A+ (80-100) to F (below 30).

CBMDF OTC Market Information

CBM Asia Development Corp. trades on the 'OTC Other' tier, which is the lowest and most speculative tier of the OTC Markets Group's three marketplaces. Unlike companies listed on major exchanges like the NYSE or NASDAQ, which have stringent listing requirements regarding financial health, market capitalization, and corporate governance, 'OTC Other' companies have minimal disclosure obligations. This tier is typically reserved for companies that do not meet the standards for OTCQX or OTCQB, or that choose not to provide current information. Investors in 'OTC Other' stocks face significantly higher risks due to the lack of transparency and regulatory oversight compared to exchange-listed securities.

  • OTC Tier: OTC Other
Liquidity: Given its 'OTC Other' tier listing and near-zero stock price, CBM Asia Development Corp. likely experiences extremely limited liquidity. Trading volume is typically very low, leading to wide bid-ask spreads, which can make it difficult for investors to buy or sell shares at a desired price. Executing trades may be challenging, and even small orders can significantly impact the stock price. This illiquidity is a substantial risk, as investors may find it hard to exit their positions without incurring significant losses or delays.
OTC Risk Factors:
  • Extreme lack of transparency due to 'Unknown' disclosure status, making fundamental analysis nearly impossible.
  • Very limited liquidity and wide bid-ask spreads, leading to difficulty in trading shares effectively.
  • High susceptibility to manipulation and fraud due to minimal regulatory oversight on the 'OTC Other' tier.
  • Potential for delisting or further restrictions if the company fails to meet even minimal reporting requirements.
  • Significant operational and financial risks inherent in early-stage exploration with an extremely small market capitalization.
Due Diligence Checklist:
  • Verify any available financial statements directly from the company or third-party sources, if they exist.
  • Research any news releases or corporate announcements, paying close attention to operational updates and financing activities.
  • Investigate the company's management team beyond the CEO's name, looking for any public records or professional affiliations.
  • Understand the specific terms and status of its CBM production sharing agreements in Indonesia.
  • Assess the current regulatory environment for CBM exploration and production in Indonesia.
  • Evaluate the company's capital structure and any outstanding debt or dilution potential.
  • Consider the potential for reverse stock splits or other corporate actions common in micro-cap OTC companies.
Legitimacy Signals:
  • The company is headquartered in Vancouver, Canada, suggesting a formal corporate registration in a recognized jurisdiction.
  • It explicitly states interests in five CBM production sharing agreements and a joint study, indicating specific, tangible assets.
  • The business description outlines a clear focus on coalbed methane (CBM) assets in Indonesia, suggesting a defined operational strategy.
  • The mention of a specific geographic area (6,863 square kilometers throughout Indonesia) provides a concrete scope of operations.

Common Questions About CBMDF (Energy)

What are the main risks for CBMDF, particularly given its OTC listing?

CBMDF faces several significant risks, exacerbated by its 'OTC Other' tier listing. A primary concern is the extreme lack of liquidity, making it challenging to buy or sell shares without impacting the price.

How does CBM Asia Development Corp. contribute to energy transition or sustainability?

While CBM Asia Development Corp. operates within the fossil fuel sector, its focus on coalbed methane (CBM) can be viewed within the broader context of energy transition.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Limited financial data available, especially regarding detailed operational metrics and historical performance.
  • CEO profile details (title, background, track record) are not provided in the source data and are marked as 'Unknown'.
  • The 'Unknown' disclosure status for the OTC listing significantly impacts the depth of analysis possible.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis