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State Gas Ltd. (AU:GAS)
ASX:GAS
GAS Stock Chart & Stats
AU$0.03
<AU$0.01(2.63%)
At close: 4:00 PM EST
AU$0.03
<AU$0.01(2.63%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.05
Previous CloseN/A
Volume25.40K
Average Volume (3M)821.79K
Market Cap
AU$12.61M
Enterprise ValueAU$12.23M
Total Cash (Recent Filing)AU$2.16M
Total Debt (Recent Filing)AU$1.79M
Price to Earnings (P/E)―
Beta2.16
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding393,975,860
10 Day Avg. Volume700,042
30 Day Avg. Volume821,792
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.18
Price to Sales (P/S)68.44
P/FCF Ratio-0.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage Balance SheetA low debt-to-equity ratio provides durable financial flexibility, reducing default risk while the company executes longer-term exploration and development plans. This resilience supports the ability to raise capital or fund operations during prolonged cash-flow weakness.
Revenue Growth TrajectoryReported revenue growth indicates the business is expanding top-line activity or production, a structural prerequisite for reaching profitability. Sustained revenue gains over months support scale, operational leverage and improve the path to durable margin improvement if costs are controlled.
Access To Capital Markets (ASX Listing)A primary listing on the ASX gives the company ongoing access to equity and debt capital, which is critical for funding exploration, development and cash shortfalls. This institutional access enhances long-term financing options and strategic flexibility versus unlisted peers.
Bears Say
Persistent Loss-MakingOngoing negative net profit and EBIT margins signal the company is structurally unprofitable and burning value. Without a credible path to sustained positive operating margins, equity holders face long-term dilution or write-down risk as the business needs continual funding.
Negative Operating And Free Cash FlowConsistent negative operating and free cash flows indicate the business is not self-funding its activities. Over a multi-month horizon this necessitates external capital raises or asset sales, increases financing risk, and can limit the company’s ability to invest in value-adding projects.
Negative Return On EquityA negative ROE is a durable sign that invested capital is destroying rather than creating value. This structural inefficiency pressures investor returns and can constrain access to low-cost capital, forcing reliance on dilutive financing if underlying profitability is not restored.
State Gas Ltd. News
GAS FAQ
What was State Gas Ltd.’s price range in the past 12 months?
State Gas Ltd. lowest share price was AU$0.02 and its highest was AU$0.05 in the past 12 months.
What is State Gas Ltd.’s market cap?
State Gas Ltd.’s market cap is AU$12.61M.
When is State Gas Ltd.’s upcoming earnings report date?
State Gas Ltd.’s upcoming earnings report date is Sep 24, 2026 which is in 195 days.
How were State Gas Ltd.’s earnings last quarter?
Currently, no data Available
Is State Gas Ltd. overvalued?
According to Wall Street analysts State Gas Ltd.’s price is currently Overvalued.
Does State Gas Ltd. pay dividends?
State Gas Ltd. does not currently pay dividends.
What is State Gas Ltd.’s EPS estimate?
State Gas Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does State Gas Ltd. have?
State Gas Ltd. has 393,975,860 shares outstanding.
What happened to State Gas Ltd.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of State Gas Ltd.?
Currently, no hedge funds are holding shares in AU:GAS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
State Gas Ltd. Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
AU:GAS Sentiment 66%
Sector Average 69%
Sector Average 69%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.73%
12-Months-Change
Fundamentals
Return on Equity
-7.60%
Trailing 12-Months
Asset Growth
5.98%
Trailing 12-Months
Company Description
State Gas Ltd.
State Gas Limited engages in the exploration and development of gas fields in Australia. Its flagship projects are the Reid's Dome gas project comprising the production lease 231 permit and the Rolleston-West project covering an area of approximately 1,595 square kilometers located in the Bowen Basin in Central Queensland. The company was incorporated in 2017 and is headquartered in Brisbane, Australia.
Technical Analysis
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