State Gas Ltd. (AU:GAS)
ASX:GAS
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GAS Stock Chart & Stats
AU$0.02
<AU$0.01(2.63%)
At close: 4:00 PM EST
AU$0.02
<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$9.75M
Enterprise ValueAU$13.43M
Total Cash (Recent Filing)AU$481.68K
Total Debt (Recent Filing)AU$4.71M
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding423,956,120
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 LeverageA low debt-to-equity ratio gives the company structural financial resilience. Over the next 2–6 months this reduces bankruptcy and refinancing risk for an E&P business, preserves flexibility to fund exploration or development, and lowers cash interest burdens.
ASX Listing (capital Access)Being listed on the ASX provides durable access to public equity and institutional investors. For a capital-intensive oil & gas explorer this enhances the company’s ability to raise funds for drilling or appraisal programs and supports strategic financing options over multiple quarters.
Trading LiquidityRelatively healthy average trading volume supports orderly secondary issuances and investor entry/exit. For an exploration company needing periodic capital, liquidity reduces transaction friction and helps management execute equity raises or placements when funding is required.
Bears Say
Negative Operating And Free Cash FlowPersistently negative operating and free cash flow indicates the business consumes cash to run operations and invest. Over several months this forces reliance on external financing, increases dilution or leverage risk, and constrains the company’s ability to self-fund exploration or capex.
Ongoing Losses And Weak MarginsSustained negative margins and net losses erode retained capital and limit reinvestment. For an E&P firm this undermines long-term viability without corrective action, reduces investor confidence in returns, and makes consistent funding of drilling programs more challenging.
Revenue Collapse And Negative ROEA dramatic revenue decline combined with negative ROE signals the company is not converting capital into profitable activity. Structurally, this weakens the equity base, increases the likelihood of future dilution or asset sales, and undermines long-term growth prospects.
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$9.75M.
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 123 days.
How were State Gas Ltd.’s earnings last quarter?
State Gas Ltd. released its earnings results on Mar 16, 2026. The company reported -AU$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.003.
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 423,956,120 shares outstanding.
What happened to State Gas Ltd.’s price movement after its last earnings report?
State Gas Ltd. reported an EPS of -AU$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 6.452%.
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
Underperform
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9
10
Blogger Sentiment
Neutral
AU:GAS Sentiment 50%
Sector Average 72%
Sector Average 72%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.73%
12-Months-Change
Fundamentals
Return on Equity
-5.53%
Trailing 12-Months
Asset Growth
1.27%
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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Options Prices
Currently, No data available
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