Top Page
Bass Oil Ltd
(Sydney:BAS)
Bass Oil Ltd (BAS) vs. iShares MSCI Australia ETF (EWA)
Bass Oil Ltd Business Overview & Revenue Model
Bass Oil Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.53M | 5.71M | 6.62M | 5.72M | 2.98M | 3.21M |
| Gross Profit | 1.72M | 1.58M | 2.47M | 2.70M | 1.09M | 713.64K |
| EBITDA | 63.20K | -122.93K | 735.75K | 1.52M | -144.93K | 12.10K |
| Net Income | -244.66K | -393.83K | 269.78K | 42.59K | -601.61K | -499.83K |
Balance Sheet | ||||||
| Total Assets | 11.99M | 11.37M | 11.38M | 11.35M | 5.02M | 3.90M |
| Cash, Cash Equivalents and Short-Term Investments | 1.29M | 619.63K | 935.91K | 1.48M | 1.49M | 95.64K |
| Total Debt | 80.44K | 83.60K | 156.53K | 91.04K | 19.72K | 82.07K |
| Total Liabilities | 4.23M | 4.38M | 4.57M | 4.80M | 1.92M | 1.98M |
| Stockholders Equity | 7.76M | 6.99M | 6.81M | 6.55M | 3.10M | 1.91M |
Cash Flow | ||||||
| Free Cash Flow | -810.55K | -1.06M | 259.60K | -1.74M | -254.80K | -505.01K |
| Operating Cash Flow | 1.20M | 508.77K | 954.80K | 231.89K | -170.06K | -103.64K |
| Investing Cash Flow | -2.13M | -1.69M | -1.47M | -3.54M | -81.84K | -401.37K |
| Financing Cash Flow | 543.38K | 876.47K | -63.73K | 3.34M | 1.65M | -102.35K |
Bass Oil Ltd Technical Analysis
Bass Oil Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
56 Neutral | AU$15.01M | -32.14 | -3.11% | ― | 7.09% | -275.00% | |
54 Neutral | AU$26.32M | -2.88 | -13.12% | ― | -13.55% | -8.96% | |
44 Neutral | AU$5.26M | ― | -87.23% | ― | -7.28% | 4.94% | |
43 Neutral | AU$9.85M | -2.60 | -7.92% | ― | ― | 16.52% | |
41 Neutral | AU$3.78M | -0.90 | -147.07% | ― | ― | -36.92% | |
39 Underperform | AU$9.39M | ― | -15.46% | ― | -9.56% | 87.68% |
Bass Oil Ltd Corporate Events
Bass Oil reported December quarter net production of 22,449 barrels of oil, up 7.4% on the prior quarter, generating A$1.75 million in sales at an average realised price of A$94.38 per barrel, with both its Cooper Basin and Indonesian assets performing to expectations despite softer oil prices. Operationally, the company advanced a strategic shift toward gas by signing a binding three-year gas sales agreement with Origin Energy for future Vanessa field production, with regulatory approval for the Vanessa acquisition expected shortly, positioning Bass to enter the East Coast gas market and underpinning its broader growth plans alongside the Kiwi project and PEL 182 deep coal gas play, while the Santos-led Cooper Basin joint venture reported successful drilling and fracture stimulation of the Jack Lake 8 deep coal appraisal well, which is currently on test.
The most recent analyst rating on (AU:BAS) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Bass Oil Ltd stock, see the AU:BAS Stock Forecast page.
Bass Oil Limited reported December group production of 7,407 barrels of oil, averaging 239 barrels of oil per day, with total sales of 7,060 barrels generating A$546,277 in revenue. Cooper Basin operations delivered 2,717 barrels for the month, up 3.1% on November, with 2,328 barrels sold at an average A$94.02 per barrel, while Indonesian operations contributed 4,690 barrels with 4,732 barrels sold at an average US$60.05 per barrel. The company maintained high operational reliability at its Worrior and Padulla fields, recording 99% uptime and boosting output through maintenance on the Padulla 3 jet pump. Strategically, Bass advanced its gas growth agenda by signing a three-year gas sales agreement with Origin Energy for up to 12 PJ from the Vanessa gas field starting in 2026, and progressing regulatory approvals for the Vanessa acquisition, which includes a gas plant and pipeline connection to the Cooper Basin network. The Vanessa project is expected to deliver Bass’s first gas sales into the east coast market in the second half of 2026, support reserve growth in the Toolachee and Patchawarra formations, and provide a cost-efficient platform to test and potentially commercialise deep coal resources in PEL 182, strengthening the company’s long-term production and diversification profile.
The most recent analyst rating on (AU:BAS) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Bass Oil Ltd stock, see the AU:BAS Stock Forecast page.
Bass Oil Limited reported total November sales revenue of A$564,320 on group production averaging 249 barrels of oil per day, with 7,480 barrels produced and sold across its Cooper Basin and Indonesian assets. While Cooper Basin output dipped 8% to 2,551 barrels due to jet pump wear at the Padulla-3 well, Indonesian production rose more than 9% to 4,929 barrels, supported by strong realised prices in both regions. Operational uptime at Worrior and Padulla remained around 99%, and a pump replacement is scheduled to stabilise Cooper Basin volumes. Strategically, Bass advanced its transition into gas with a binding three-year gas sales agreement with Origin Energy covering up to 12 petajoules from the Vanessa gas field from 2026, alongside progressing regulatory approvals and detailed planning to recommission the well, facilities and pipeline. The Vanessa acquisition is expected to open Bass’s first gas sales into the east coast market, provide scope for reserve growth from conventional and tight gas in the Toolachee and Patchawarra formations, and support appraisal of deep coal resources in PEL 182, potentially strengthening the company’s production base and resource portfolio.
The most recent analyst rating on (AU:BAS) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Bass Oil Ltd stock, see the AU:BAS Stock Forecast page.
Bass Oil Limited has signed a binding Gas Sales Agreement with Origin Energy for the supply of gas from the Vanessa Gas Project in the Cooper Basin, South Australia. This three-year agreement, starting in 2026, marks a significant step for Bass into the East Coast Gas Market, with the potential to commercialize the Vanessa field and unlock further gas resources in its PEL 182 permit.
The most recent analyst rating on (AU:BAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Bass Oil Ltd stock, see the AU:BAS Stock Forecast page.
Bass Oil Limited has identified further potential in the Kiwi area of the Cooper Basin through a Triassic gas study. The study revealed structural features that could lead to a new commercial hub centered around the Kiwi gas field, which is notable for its low CO2 and high condensate content. The company is exploring third-party farm-in discussions and progressing field development, which could enhance its industry positioning and stakeholder value.
The most recent analyst rating on (AU:BAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Bass Oil Ltd stock, see the AU:BAS Stock Forecast page.
Bass Oil Limited reported a 32% increase in total sales revenue for October, with daily oil production averaging 244 barrels per day, up 4%. The company completed a production enhancement program in Indonesia, boosting oil production by nearly 20%. Additionally, Bass is advancing its Vanessa gas field acquisition, with regulatory approval expected soon, aiming for first gas sales in the second half of 2026. This acquisition is significant as it positions Bass for entry into the east coast gas market and offers potential reserve growth and commercial opportunities in deep coal gas.