Australis Oil & Gas (ATS) AI Stock Analysis

• Market Cap: AU$22.62M
• Dividend Yield: N/A
• Average Volume (3M): 3.65M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.06
• Revenue Growth: -13.55%
• EPS Growth: -8.96%
• Country: AU
• Employees: N/A
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 1,333,764,400
• 10 Day Avg. Volume: 8,675,074
• 30 Day Avg. Volume: 3,651,769
• PEG Ratio: 0.02
• Price to Book (P/B): 0.16
• Price to Sales (P/S): 0.39
• P/FCF Ratio: 2.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): AU$23.68M

• Rating: 54 Neutral
• Price Target: AU$0.02 ▼(-10.00% Downside)

The overall stock score reflects significant financial challenges, including declining revenues and persistent losses, which weigh heavily on the score. Technical analysis provides some positive momentum, but valuation concerns due to negative earnings and lack of dividends further impact the score negatively.

Positive Factors

Operational Efficiency

Australis Oil & Gas's focus on operational efficiency and technical expertise can enhance asset value, supporting long-term profitability and competitiveness.

Strategic Partnerships

Strategic partnerships enhance operational capabilities and market reach, potentially leading to increased revenue streams and competitive advantages.

Free Cash Flow Improvement

Positive free cash flow indicates improved financial health, providing the company with more flexibility to invest in growth and manage debt.

Negative Factors

Declining Revenues

Consistent revenue decline can hinder growth prospects and weaken market position, challenging long-term sustainability.

Persistent Losses

Ongoing losses reflect operational challenges and may limit the company's ability to reinvest in growth, affecting future profitability.

Inconsistent Cash Flow Growth

Inconsistent cash flow growth and insufficient operating cash flow can strain financial resources, impacting long-term operational stability.

Australis Oil & Gas Business Overview & Revenue Model

Company Description

Australis Oil & Gas (ATS) is an independent oil and gas exploration and production company focused primarily on the development of oil resources in the United States, particularly in the Anadarko Basin in Oklahoma. The company is engaged in the acquisition, exploration, and development of oil and natural gas properties, and it aims to leverage its technical expertise and operational efficiency to maximize the value of its assets. ATS is committed to sustainable practices while delivering energy solutions to meet market demands.

How the Company Makes Money

Australis Oil & Gas generates revenue primarily through the sale of crude oil and natural gas produced from its exploration and production activities. The company operates in key oil-producing regions, which allows it to tap into favorable market conditions and pricing. Key revenue streams include the direct sale of hydrocarbons to refineries and other end-users, as well as potential revenues from joint ventures and partnerships that enhance operational capabilities. The company may also benefit from hedging strategies that protect against price volatility in the oil and gas markets. Significant partnerships with industry players can further bolster its operational efficiency and market reach, contributing to its overall earnings.

Australis Oil & Gas Financial Statement Overview

Summary

Australis Oil & Gas Ltd. faces challenges with declining revenues and persistent losses, affecting its income statement score. While the balance sheet reflects some stability in equity, the cash flow position needs improvement to support long-term operations. The company should focus on reversing revenue declines, enhancing profitability, and optimizing cash flows to strengthen its financial position.

Income Statement

The company has experienced declining revenues over the past few years, with revenue decreasing from $75.5M in 2019 to $29.8M in 2024. Gross profit margin has also deteriorated, and the net profit margin remains negative, indicating ongoing losses. Despite an improvement in EBITDA margin in the latest year, the overall profitability remains weak due to significant EBIT losses.

Balance Sheet

Stockholders' equity has decreased over time but remains positive, which is a stable factor. The debt-to-equity ratio has improved slightly, suggesting better financial leverage management. However, the equity ratio has declined, indicating a higher proportion of liabilities relative to total assets.

Cash Flow

Free cash flow has shown improvement in recent years, moving from negative to positive territory. However, free cash flow growth is inconsistent, and the operating cash flow is not sufficient to cover net losses. The cash flow situation suggests a need for better operational efficiency to ensure sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	24.79M	29.82M	29.61M	39.33M	29.85M	32.94M
Gross Profit	3.01M	5.26M	3.52M	5.42M	14.15M	10.49M
EBITDA	6.60M	3.18M	-8.32M	8.03M	3.65M	8.33M
Net Income	-9.70M	-13.36M	-15.31M	2.84M	-3.21M	-181.87M
Balance Sheet
Total Assets	90.15M	103.05M	103.84M	133.28M	124.93M	114.33M
Cash, Cash Equivalents and Short-Term Investments	6.08M	10.07M	5.51M	11.57M	12.73M	6.07M
Total Debt	9.22M	13.72M	11.97M	18.05M	23.70M	27.06M
Total Liabilities	22.29M	29.03M	25.76M	35.90M	39.87M	38.27M
Stockholders Equity	67.86M	74.02M	77.96M	97.38M	85.05M	76.07M
Cash Flow
Free Cash Flow	4.05M	4.28M	1.62M	5.83M	1.91M	4.23M
Operating Cash Flow	4.06M	4.39M	4.54M	9.63M	4.19M	9.63M
Investing Cash Flow	379.33K	391.15K	-2.76M	-3.81M	-1.61M	-5.26M
Financing Cash Flow	-10.26M	-1.09M	-7.87M	-7.56M	3.97M	-21.05M

Australis Oil & Gas Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
ATS	54 Neutral	AU$22.62M	―	-13.12%	―	-13.55%	-8.96%
GAS	48 Neutral	AU$12.18M	―	-7.92%	―	―	16.52%
VEN	39 Underperform	AU$8.35M	―	-15.46%	―	-9.56%	87.68%
PGY	39 Underperform	AU$10.79M	-2.56	-45.97%	―	0.69%	-30.00%
GGE	38 Underperform	―	―	-4.05%	―	12.37%	66.67%

Australis Oil & Gas Corporate Events

TIGA Trading Ceases Substantial Holding in Australis Oil & Gas

Australis Oil & Gas Limited has announced that TIGA Trading Pty Ltd has ceased to be a substantial holder in the company as of November 27, 2025. This change in substantial holding reflects a significant market sale of over 15 million ordinary shares by TIGA Trading, potentially impacting the company’s shareholder structure and market perception.

Australis Oil & Gas Secures Strategic Partnerships and Financing to Boost TMS Development

Australis Oil & Gas Ltd announced two significant transactions aimed at advancing its development in the Tuscaloosa Marine Shale (TMS) play. The first transaction involves partnering with a reputable US-listed independent oil and gas company to deploy up to $46 million in development capital for new wells, allowing Australis to retain a 20% working interest. This partnership is expected to enhance Australis’s operational capabilities and financial stability by utilizing the Carry Program to fund its share of development without relying on shareholder equity or debt. The second transaction involves selling 90% of its working interests in existing TMS producing wellbores for $16.9 million to an affiliate of the EQV Group, which will enable Australis to repay all outstanding debt and increase its cash reserves. These strategic moves are designed to unlock the value of Australis’s undeveloped TMS assets while maintaining key rights and potential upsides.

Australis Oil & Gas Announces Director’s Interest Change

Australis Oil & Gas Limited announced a change in the director’s interest, specifically involving Graham Dowland. The change includes the acquisition of 2,260,140 ordinary shares and the disposal of an equivalent number of vested performance rights. This adjustment in shareholding reflects internal management of equity interests and may influence the company’s governance dynamics.

Australis Oil & Gas Announces Director’s Interest Change

Australis Oil & Gas Limited has announced a change in the director’s interest, specifically regarding Ian Lusted’s holdings. The change involves the acquisition of 1,076,952 ordinary shares and the disposal of an equal number of vested performance rights, reflecting a shift in the director’s investment strategy. This adjustment in holdings may impact the company’s governance and stakeholder perceptions, as it indicates a potential realignment of interests within the company’s leadership.

Australis Oil & Gas Announces Quotation of New Securities

Australis Oil & Gas Limited announced the quotation of 3,337,092 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move, part of an employee incentive scheme, may enhance the company’s market presence and provide liquidity, potentially impacting its operational strategies and stakeholder interests.

Australis Oil & Gas Announces Quotation of New Securities

Australis Oil & Gas Limited announced the quotation of 7,240,710 ordinary fully paid securities on the Australian Securities Exchange as of November 11, 2025. This move, part of an employee incentive scheme, is expected to enhance the company’s market presence and provide liquidity options for its stakeholders.

Australis Oil & Gas Revises Quarterly Statement and Reports Operational Highlights

Australis Oil & Gas Limited announced a revision in its Quarterly Activities Statement, correcting the presentational currency to US dollars. The company continues to seek partners for development in the TMS, holding significant acreage and potential drilling locations. Despite a decrease in sales volume due to well workovers, Australis achieved higher oil pricing, resulting in a slightly lower sales revenue. The company maintained positive cash flow, reduced its debt, and reported a higher Field Netback.

Australis Oil & Gas Reports Q3 2025 Performance and Strategic Developments

In the third quarter of 2025, Australis Oil & Gas reported a decrease in sales volumes due to wells awaiting workover, but achieved higher oil prices, resulting in a slight revenue decline. The company maintained positive cash flow, reduced its net debt, and is actively seeking a partner to fund initial development activities, highlighting its strategic focus on the TMS as a promising unconventional oil play.

Australis Oil & Gas to Enhance Financial Reporting with Quarterly Cash Flow Reports

Australis Oil & Gas announced that starting from the quarter ending 30 September 2025, it will submit an Appendix 5B quarterly cash flow report along with its quarterly activities report to the ASX. This move is expected to provide stakeholders with enhanced transparency regarding the company’s financial operations and align with regulatory requirements, potentially impacting its industry positioning by showcasing its commitment to financial accountability.

Australis Oil & Gas Announces Director’s Shareholding Change

Australis Oil & Gas Limited announced a change in the director’s interest, with Stephen Scudamore acquiring 1,138,703 ordinary shares and disposing of an equivalent number of Fee Rights A. This transaction reflects internal adjustments in shareholding, which may influence the company’s governance and shareholder alignment.

Australis Oil & Gas Director’s Interest Update

Australis Oil & Gas Limited announced a change in the interest of its director, Jonathan Stewart, involving the acquisition of 2,846,758 ordinary shares and the disposal of an equivalent number of Fee Rights A. This transaction, involving entities where Mr. Stewart is a director and shareholder, reflects internal adjustments in the company’s shareholding structure, potentially impacting stakeholder perceptions of management’s strategic decisions.

Director’s Interest Change at Australis Oil & Gas

Australis Oil & Gas Limited announced a change in the director’s interest, with Alan Watson, a director and shareholder, adjusting his holdings. Mr. Watson acquired 1,138,703 ordinary shares while disposing of an equivalent number of Fee Rights A, reflecting a reallocation of his investment portfolio within the company.