Bass Oil Ltd (BAS) AI Stock Analysis

• Market Cap: AU$10.54M
• Dividend Yield: N/A
• Average Volume (3M): 400.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.40
• Revenue Growth: 7.09%
• EPS Growth: -275.00%
• Country: AU
• Employees: 8
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): >-0.01
• Shares Outstanding: 319,386,900
• 10 Day Avg. Volume: 272,004
• 30 Day Avg. Volume: 400,481
• PEG Ratio: 0.10
• Price to Book (P/B): 1.31
• Price to Sales (P/S): 1.61
• P/FCF Ratio: -8.62
• 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): N/A

• Rating: 51 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

The overall stock score of 51 reflects significant financial challenges, with declining revenue and profitability being major concerns. While the technical analysis shows some short-term strength, the long-term outlook remains cautious. The valuation is unattractive due to negative earnings, and the absence of a dividend yield further impacts the score.

Bass Oil Ltd Business Overview & Revenue Model

Company Description

Bass Oil Ltd (BAS) is an Australian oil and gas exploration and production company focused on developing onshore oil reserves. The company operates primarily in the Cooper Basin region of South Australia, where it engages in the exploration, extraction, and production of oil. BAS aims to leverage its geological expertise and operational capabilities to enhance oil recovery and maximize production efficiency. The company is committed to sustainable practices and aims to deliver value to shareholders through strategic asset management and development.

How the Company Makes Money

Bass Oil Ltd generates revenue primarily through the sale of crude oil extracted from its operational sites in the Cooper Basin. The company employs a revenue model based on the production and sale of hydrocarbons, which includes both the direct sale of oil and potential gas production. Key revenue streams include income from oil sales to domestic and international markets, which are influenced by global oil prices. Additionally, BAS may engage in joint ventures or partnerships with other exploration and production companies to share resources and expertise, thereby reducing operational costs and enhancing profitability. Factors contributing to its earnings include the efficiency of its extraction techniques, market demand for oil, and the strategic management of its asset portfolio.

Bass Oil Ltd Financial Statement Overview

Summary

Bass Oil Ltd faces financial headwinds, evident from declining revenue and profitability. The balance sheet remains robust with low leverage, yet cash flow challenges persist. Strategic focus on operational efficiency and cash flow enhancement is critical for future growth and stability.

Income Statement

The income statement reveals a drop in total revenue from the previous year, with a negative net profit margin indicating losses. The EBIT and EBITDA margins have also turned negative, reflecting operational challenges. Despite past profitability, the current metrics show declining financial health, necessitating strategic adjustments for recovery.

Balance Sheet

Bass Oil Ltd maintains a solid equity position, with a favorable debt-to-equity ratio indicating low leverage. The equity ratio is healthy, suggesting a stable financial structure. However, the decrease in net income affects return on equity, highlighting the need for improved profitability.

Cash Flow

The cash flow statement indicates negative free cash flow, which raises concerns about liquidity management. Absence of operating cash flow further exacerbates the situation, though past positive free cash flow provides some comfort. The company must enhance cash flow generation to sustain operations.

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

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BAS, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.26 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BAS.

Bass Oil Ltd 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	53 Neutral	AU$16.63M	―	-13.12%	―	-13.55%	-8.96%
BAS	51 Neutral	AU$10.54M	―	-3.11%	―	7.09%	-275.00%
GAS	41 Neutral	AU$8.25M	―	-7.92%	―	―	16.52%
QEM	39 Underperform	AU$4.26M	―	-147.07%	―	―	-36.92%
VEN	39 Underperform	AU$8.35M	―	-15.46%	―	-9.56%	87.68%
AXP	38 Underperform	AU$4.89M	―	-87.23%	―	-7.28%	4.94%

Bass Oil Ltd Corporate Events

Bass Oil Limited Reports Quarterly Growth and Strategic Gas Market Entry

Bass Oil Limited reported quarterly oil sales of A$1.62 million with a production of 20,905 barrels, averaging 227 barrels per day. The company completed a production enhancement program in Indonesia, increasing oil production by 20%. Bass is also progressing towards becoming a gas producer with the acquisition of the Vanessa gas field, aiming to enter the East Coast Gas Market. Despite a slight decline in oil prices and production, Bass is focused on growth through strategic projects like Vanessa, the Kiwi project, and the PEL 182 deep coal gas play.

Bass Oil Boosts Production and Advances Gas Field Acquisition

Bass Oil Limited reported a 3% increase in daily oil production for September, totaling 7,023 barrels, with sales revenue of A$493,600. The company completed a production enhancement program in Indonesia, boosting oil production by 20%, and is finalizing regulatory approvals for the Vanessa gas field acquisition, which will enable its first gas sales into the east coast gas market. This acquisition is expected to enhance reserve growth and commercialize deep coal resources, marking a significant step in Bass Oil’s strategic expansion.

Bass Oil Limited Reports Revenue Growth and Advances Gas Field Acquisition

Bass Oil Limited reported a 20% increase in total sales revenue for August, reaching A$615,721, with daily oil production averaging 228 barrels per day, marking a 3.5% rise. The company is enhancing its Indonesian oil production and progressing with the Vanessa gas field acquisition, which includes a gas processing facility and pipeline, potentially enabling first gas sales into the east coast market and reserve growth.

Bass Oil Ltd Highlights Strategic Focus at RIU Good Oil Conference

Bass Oil Ltd, an emerging player in the Australian gas industry, presented at the RIU Good Oil conference in September 2025. The presentation highlighted the company’s focus on petroleum exploration and development, emphasizing the potential for future hydrocarbon recovery. This strategic focus positions Bass Oil to potentially enhance its market presence and stakeholder value through successful resource development.

Bass Oil Reports Strong EBITDA Growth Amid Strategic Expansion

Bass Oil Limited reported a 55% increase in EBITDA to $0.571 million for the first half of 2025, despite a 9% decline in sales revenue due to lower oil prices. The company is advancing its strategy to enter the Australian East Coast Gas Market, highlighted by the acquisition of the Vanessa gas field, which is expected to accelerate its market entry and appraise a significant coal gas resource. Bass also maintained a strong safety record with no incidents reported and secured $0.92 million through a rights issue to fund growth projects.

Bass Oil Ltd Releases Half-Year Financial Report for 2025

Bass Oil Ltd has released its half-year financial report for the period ending June 30, 2025. The report provides insights into the company’s financial performance, highlighting its strategic focus and operational achievements. The document outlines the company’s financial position, including profit and loss, cash flows, and changes in equity, which are crucial for stakeholders to assess the company’s market positioning and future prospects.

Bass Oil Limited Reports July Operations and Progress on Vanessa Gas Field Acquisition

Bass Oil Limited reported total sales revenue of A$517,344 for July, with daily oil production averaging 220 barrels per day. The company is enhancing its Indonesian production and progressing with the Vanessa gas field acquisition, which includes discussions with gas buyers and regulatory approvals. This acquisition is significant for Bass as it aims to enter the east coast gas market, grow reserves, and commercialize deep coal resources.