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Sacgasco
(Sydney:AOK)
Sacgasco (AOK) vs. iShares MSCI Australia ETF (EWA)
Sacgasco Business Overview & Revenue Model
Sacgasco Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.65M | 528.28K | 9.40M | 18.42M | 8.88M |
| Gross Profit | -1.38M | 528.28K | 2.71M | 4.14M | 2.53M |
| EBITDA | -2.60M | -2.38M | 2.08M | -460.33K | -8.37M |
| Net Income | -3.48M | 6.18M | -733.26K | -3.60M | -10.68M |
Balance Sheet | |||||
| Total Assets | 1.47M | 2.62M | 23.38M | 29.16M | 38.45M |
| Cash, Cash Equivalents and Short-Term Investments | 902.76K | 902.59K | 265.73K | 441.31K | 1.29M |
| Total Debt | 55.89K | 1.22M | 1.12M | 1.05M | 839.53K |
| Total Liabilities | 2.30M | 2.19M | 31.04M | 37.81M | 41.57M |
| Stockholders Equity | -826.98K | 431.20K | -7.65M | -10.89M | -3.17M |
Cash Flow | |||||
| Free Cash Flow | -1.79M | -2.41M | -6.81M | -3.73M | -8.76M |
| Operating Cash Flow | -2.97M | 0.00 | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | 2.57M | 1.89M | 279.12K | -19.88K | -457.44K |
| Financing Cash Flow | 230.25K | 644.20K | 1.65M | 2.83M | 5.57M |
Sacgasco Peers Comparison
Sacgasco Corporate Events
Australian Oil Company has signed a 12‑month crude oil and condensate lifting agreement with IOR Energy for production from the Emu Apple oil field in Queensland, providing a defined pricing and payment framework based on Brent-linked benchmarks. The deal gives the company a clear sales route for Emu Apple volumes, with initial lifting of about 500 barrels expected within weeks, and is intended to underpin cash flow for further exploration and development in PL 264 and other Surat Basin projects, including Riverslea, although any broader expansion remains contingent on technical, regulatory and market factors.
The most recent analyst rating on (AU:AOK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Sacgasco stock, see the AU:AOK Stock Forecast page.
Australian Oil Company has scheduled an investor webinar via MarketOpen Direct Connect for Friday, 13 March 2026, at 9:30am AWST / 12:00pm AEDST, open free to shareholders through online registration. Managing Director Kane Marshall will lead an extended Q&A session, focusing on the company’s review of California gas optimisation, and a recording of the event will be made available afterward.
The session is intended to update investors on operational strategies in the company’s Californian gas portfolio and provide a platform for direct engagement with management. By highlighting optimisation efforts and offering transparent communication, the webinar may shape investor perceptions of AOK’s near-term operational plans and its positioning within the regional gas market.
The most recent analyst rating on (AU:AOK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Sacgasco stock, see the AU:AOK Stock Forecast page.
Australian Oil Company is an ASX-listed oil and gas producer with operated gas assets in California and emerging oil production and exploration interests in Queensland’s Surat Basin. Its Californian gas output is sold into regional markets, including to California Resources Corporation and other marketers, with prices linked to Henry Hub gas benchmarks.
The company has launched a broad optimisation review of its Californian gas operations to boost gas flows and cut operating costs, including potential tie-ins of shut-in wells with adjacent operators and reconfiguration of compression capacity. It is assessing selling part of its pipeline infrastructure, shifting gas transport to a third party’s compression facilities, and possibly buying compression at the Stoney Creek Master Meter to remove rental charges, while also reviewing gas contracts and transmission fees as renewals near.
These operational moves come amid stronger U.S. gas prices, more supportive permitting conditions in Kern County following legislative changes, and increased corporate activity in California’s energy sector, including renewable natural gas infrastructure deals and major corporate transactions. Australian Oil is also weighing options to monetise its Californian leases as it reallocates strategic attention and capital toward oil-focused opportunities in the Surat Basin, which could reshape its portfolio balance and cost structure over time.
The most recent analyst rating on (AU:AOK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Sacgasco stock, see the AU:AOK Stock Forecast page.
Australian Oil Company will host an investor webinar on 5 March 2026 via the MarketOpen Direct Connect platform to engage shareholders. Managing Director Kane Marshall will present the company’s domestic oil strategy and participate in a live Q&A, with a recorded version to be made available afterward, underscoring AOK’s effort to improve transparency and communication with investors about its operational plans.
The most recent analyst rating on (AU:AOK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Sacgasco stock, see the AU:AOK Stock Forecast page.
Australian Oil Company Limited has released a strategy presentation dated 3 March 2026 that outlines summary information on its operations and investment profile. The document is positioned as general information only, stresses that it is not a prospectus or offer document, and directs investors to conduct their own due diligence and consult professional advisers.
The company emphasises that no guarantees are given on the accuracy or completeness of the information, and that past performance should not be relied upon as an indicator of future results. It also highlights the risks associated with investing in listed securities, notes restrictions on any potential U.S. offering, and disclaims any responsibility for investment decisions made based on the presentation.
The most recent analyst rating on (AU:AOK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Sacgasco stock, see the AU:AOK Stock Forecast page.
Australian Oil Company has issued a clarification regarding a recent market announcement that included a historical seismic image from the Emu Apple field in the Surat Basin. The company confirmed that the image was sourced from a 2D seismic survey completed in 1982 by Hematite Petroleum, then a BHP subsidiary, on permit ATP 145 P, which later became PL264.
AOK detailed that the survey was undertaken and completed by Hematite Petroleum and used for structural and stratigraphic interpretation across the Emu Apple field. By providing this additional technical and historical context, the company aims to satisfy ASX Listing Rule 5.29 disclosure requirements and reinforce the basis for its field mapping and prospect assessment in the area.
The most recent analyst rating on (AU:AOK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Sacgasco stock, see the AU:AOK Stock Forecast page.
Australian Oil Company Limited has released an updated Top 20 Security Holders report, following substantial shareholder change notices lodged with the market in January 2026. The disclosure provides investors with greater transparency on the company’s evolving ownership structure at a time when it continues to assess potential oil and gas asset acquisitions to bolster its position in under-supplied energy markets.
The company remains focused on conventional oil and gas opportunities in California’s Sacramento Basin, where it already operates a mix of producing wells and exploration prospects. By clarifying its major shareholder base while pursuing further asset growth, Australian Oil aims to strengthen its capital backing and strategic flexibility within the competitive upstream energy sector.
The most recent analyst rating on (AU:AOK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Sacgasco stock, see the AU:AOK Stock Forecast page.
Australian Oil Company has taken operational control of the Emu Apple field in PL 264 and PL 30 following completion of its acquisition from ADZ Energy and OGT Energy. The handover includes existing surface facilities, which have been inspected and deemed serviceable at current operating levels with no immediate environmental or upgrade requirements.
Current production at Emu Apple 1 is about 20 barrels of oil per day with a 30% water cut, and the company expects its first oil lifting of around 200 barrels within the next fortnight, supported by a sales agreement in progress. Internal technical reviews are under way to optimise pumping performance and operating parameters, while suspended wells Emu Apple 2 and Emu Apple 3 and additional mapped prospects offer potential for future production increases and broader field development.
The most recent analyst rating on (AU:AOK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Sacgasco stock, see the AU:AOK Stock Forecast page.
Australian Oil Company Limited reported a busy December 2025 quarter highlighted by a strategic entry into Queensland’s Surat Basin through binding agreements to acquire a portfolio of producing and development-stage oil and gas assets from ADZ Energy and OGT Energy. The package includes petroleum licences hosting the Emu Apple and Riverslea oil fields, the Major gas field, and pipeline access via PPL 22 to the Silver Springs Gas Plant, positioning AOK close to established gathering, processing and pipeline infrastructure in a major domestic production corridor. During the quarter the company also completed the 100% acquisition of Xstate USA, increasing its economic exposure to Californian assets, continued stabilisation and optimisation of gas production at its Dempsey area project, progressed due diligence and negotiations on two high-impact international exploration opportunities, and raised A$800,000 in a two-tranche capital raising. Collectively, these moves expand AOK’s production, development and exploration options, enhance access to east coast gas and liquids markets, and do so with limited additional environmental liability due to existing bonds and deferred abandonment obligations, which is likely to be material for the company’s growth trajectory and appeal to investors seeking leverage to conventional energy markets.
The most recent analyst rating on (AU:AOK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Sacgasco stock, see the AU:AOK Stock Forecast page.
Australian Oil Company has completed the acquisition of three petroleum leases and one petroleum pipeline licence in Queensland’s Surat Basin from ADZ Energy (Queensland) Pty Ltd and OGT Energy Pty Ltd, with all conditions precedent now satisfied or waived and the transaction declared unconditional. Completion secures a material onshore asset position for the company in the Surat Basin, with transfer and regulatory documentation, easement assignments and land compensation agreement processes underway, and the immediate focus shifting to finalising regulatory transfers and advancing technical evaluation of the newly acquired licences to integrate them into the company’s broader development priorities.
The most recent analyst rating on (AU:AOK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Sacgasco stock, see the AU:AOK Stock Forecast page.
Australian Oil Company Limited has notified the market of the issue of 7.5 million unquoted options, each exercisable at $0.004 and expiring on 22 December 2027. The options, which form part of a previously disclosed transaction and are not intended to be quoted on the ASX, represent a targeted equity-based incentive or funding mechanism that may lead to future dilution for existing shareholders if exercised, while potentially supporting the company’s capital structure and strategic initiatives.
Australian Oil Company Limited has notified the market of the issue of 40 million unquoted options, exercisable at $0.004 each and expiring on 22 December 2027. The new options, which form part of a previously flagged transaction, are not intended to be quoted on the ASX and represent a form of non-cash incentive or financing that may, if exercised, provide additional equity capital and potentially dilute existing shareholders over time.
Australian Oil Company Limited has notified the market of the issuance of 153,466,896 new unquoted options, exercisable at $0.004 each on or before 22 December 2027, under an existing transaction previously flagged to investors. The creation of this large tranche of unlisted options potentially strengthens the company’s ability to incentivise stakeholders and raise future capital, while introducing a possible source of future equity dilution that existing shareholders will monitor closely.
Australian Oil Company Limited has notified the market of the issue of 95,472,874 unquoted options exercisable at $0.004 each, expiring on 22 December 2027. The options, forming a new class of unquoted securities not intended to be listed on the ASX, expand the company’s pool of potential equity and may influence its future capital structure and financing flexibility for ongoing operations and growth initiatives.
Australian Oil Company Limited has issued 321,933,792 fully paid ordinary shares following shareholder approval at a general meeting held on 11 December 2025. The new shares were issued without a disclosure document under the Corporations Act, with the company confirming it remains compliant with its continuous disclosure and financial reporting obligations and that there is no excluded information relevant to the offer, a move that significantly increases its share base and may provide additional capital flexibility for its ongoing exploration, production, and potential acquisition activities.
Australian Oil Company Limited has applied for quotation on the ASX of 15 million new fully paid ordinary shares under code AOK, with an issue date of 22 December 2025. The additional securities, issued following a previously announced transaction, will expand the company’s listed share base and may influence its capital structure and liquidity, with potential implications for existing shareholders’ ownership levels once trading commences.
Australian Oil Company Limited has applied for the quotation of 306,933,792 new ordinary fully paid shares on the Australian Securities Exchange, with the securities issued on 22 December 2025. The enlarged quoted capital base is expected to enhance the company’s tradable float and liquidity, potentially broadening its investor base and supporting future capital-raising or growth initiatives.