Want to see AU:BAS full AI Analyst Report?
Top Page
Bass Oil Ltd
(Sydney:BAS)
Select Model
Select Model
Rating:56Neutral
Price Target:
AU$0.05
▲(0.00% Upside)
Action:Reiterated
Date:07/25/26
The score is driven primarily by a conservatively financed balance sheet and improved 2025 revenue and free cash flow, offset by continued net losses and uneven cash conversion. Technicals are neutral-to-soft with the stock still below longer-term moving averages, and valuation remains pressured due to negative earnings.
Positive Factors
Conservative balance sheet
Very low leverage and a materially stronger equity base provide durable financial flexibility through commodity and cycle volatility. Low debt reduces refinancing and interest risks, enabling management to fund operations or opportunities without immediate external financing pressure over the next 2–6 months.
Negative Factors
Persistent losses in 2024–2025
Repeated net losses limit the firm's ability to generate returns on capital and to compound shareholder value. Continued negative profitability weakens long-term resilience, constrains reinvestment capacity, and keeps dependence on external funding or equity dilution if adverse cycles return.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage and a materially stronger equity base provide durable financial flexibility through commodity and cycle volatility. Low debt reduces refinancing and interest risks, enabling management to fund operations or opportunities without immediate external financing pressure over the next 2–6 months.
Read all positive factors
Bass Oil Ltd (BAS) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$17.25M
Dividend YieldN/A
Average Volume (3M)340.13K
Price to Earnings (P/E)―
Beta (1Y)-0.39
Revenue Growth27.55%
EPS Growth-60.00%
CountryAU
Employees8
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding367,005,950
10 Day Avg. Volume193,017
30 Day Avg. Volume340,133
Financial Highlights & Ratios
PEG Ratio-0.27
Price to Book (P/B)0.91
Price to Sales (P/S)1.39
P/FCF Ratio41.97
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
Bass Oil Ltd Business Overview & Revenue Model
Company Description
Operating alongside its subsidiaries, Bass Oil Limited focuses on the exploration, development, and production of petroleum and natural gas resources. Its principal holding is a 55% interest in the Tangai-Sukananti KSO production assets, which are...
How the Company Makes Money
null...
Bass Oil Ltd Financial Statement Overview
Summary
Income Statement
48
Neutral
Balance Sheet
79
Positive
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 7.36M | 5.71M | 6.62M | 5.79M | 2.98M |
| Gross Profit | 2.11M | 1.58M | 2.47M | 2.70M | 1.09M |
| EBITDA | 298.29K | -122.93K | 735.75K | 1.52M | -144.93K |
| Net Income | -683.18K | -393.83K | 269.78K | 42.59K | -601.61K |
Balance Sheet | |||||
| Total Assets | 17.59M | 11.37M | 11.38M | 11.35M | 5.02M |
| Cash, Cash Equivalents and Short-Term Investments | 922.50K | 619.63K | 935.91K | 1.48M | 1.49M |
| Total Debt | 159.06K | 83.60K | 156.53K | 91.04K | 19.72K |
| Total Liabilities | 6.36M | 4.38M | 4.57M | 4.80M | 1.92M |
| Stockholders Equity | 11.23M | 6.99M | 6.81M | 6.55M | 3.10M |
Cash Flow | |||||
| Free Cash Flow | 243.26K | -1.06M | 259.60K | -1.74M | -254.80K |
| Operating Cash Flow | 740.59K | 508.77K | 954.80K | 231.89K | -170.06K |
| Investing Cash Flow | -1.56M | -1.69M | -1.47M | -3.54M | -81.84K |
| Financing Cash Flow | 820.17K | 876.47K | -63.73K | 3.34M | 1.60M |
Bass Oil Ltd Technical Analysis
Positive
0.05
Price Trends
0.05
Positive
0.06
Negative
0.05
Negative
Market Momentum
<0.01
Negative
51.94
Neutral
71.43
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 0.05 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.94 is Neutral, neither overbought nor oversold. The STOCH value of 71.43 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
UnderperformOutperform
Sector (65)
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$17.25M | -15.01 | -6.54% | ― | 27.55% | -60.00% | |
46 Neutral | AU$14.82M | 8.39 | 14.97% | ― | ― | 3000.00% | |
45 Neutral | AU$15.13M | -40.00 | -6.67% | ― | ― | -283.33% | |
44 Neutral | AU$18.71M | -0.45 | -46.86% | ― | -32.35% | -197.58% | |
43 Neutral | AU$16.30M | -1.79 | -35.17% | ― | ― | 64.71% |
* Energy Sector Average
AU:BAS
Bass Oil Ltd
0.05
0.02
53.33%
AU:CND
Global Oil & Gas
0.02
>-0.01
-9.52%
AU:BRU
Buru Energy
0.01
-0.01
-47.62%
AU:BUY
Bounty Oil & Gas NL
0.02
-0.01
-42.42%
AU:VSR
Eon NRG Limited
0.03
<0.01
36.84%
AU:MAY
Melbana Energy Limited
0.01
-0.01
-56.52%
Bass Oil Ltd Corporate Events
Bass Oil’s Bunian 6 Well Poised to Triple Output at Indonesian Field
Jul 24, 2026
Bass Oil Limited has reported progress on its Bunian 6 development well in the Tangai-Sukananti KSO in Indonesia, where drilling has reached 1,012 metres and a replacement mud pump is being tested ahead of drilling resumption. The company plans to...
Bass Oil advances Bunian 6 well to boost Indonesian output
Jul 10, 2026
Bass Oil Limited reported progress on the Bunian 6 development well in Indonesia, which has reached a depth of 1,012 metres as of 10 July while rig repairs are undertaken on the mud pumps. Drilling advanced from 895 metres during the week, and ope...
Bass Oil advances Bunian 6 drilling to boost Indonesian output
Jul 3, 2026
Bass Oil is progressing drilling at its Bunian 6 development well in Indonesia’s Tangai-Sukananti KSO, with the current depth at 895 metres after drilling from 403 metres during the past week. The company plans to continue drilling the 12-1/...
Bass Oil advances Bunian 6 well to triple output at Indonesian field
Jun 26, 2026
Bass Oil reports steady progress on drilling the Bunian 6 development well at its Tangai-Sukananti KSO in Indonesia, where the rig is preparing to drill the 12-1/4 inch hole section from 403 metres toward the intermediate casing point. A top-up ce...
Bass Oil reveals top holders of new long-dated BASOD options
Jun 24, 2026
Bass Oil has detailed the top 20 holders and distribution profile of its newly quoted BASOD options, which are exercisable at $0.0945 and expire on 23 June 2028. The disclosure of the major option holders, including institutional and private inves...
Bass Oil advances Bunian 6 drilling to triple Indonesian output
Jun 19, 2026
Bass Oil has reported steady progress on drilling the Bunian 6 development well at its Tangai-Sukananti KSO in Indonesia, where the well has reached 403 metres and surface casing has been set and cemented. The rig is now preparing further cement w...
Bass Oil Completes Vanessa Gas Field Acquisition to Enter East Coast Market
Jun 17, 2026
Bass Oil has secured regulatory approval from South Australia’s Department of Energy Mining to complete its acquisition of a 100% interest in the Vanessa gas field, including a shut-in production well, a gas processing facility and a 5 km p...
Bass Oil Begins Drilling High-Impact Bunian-6 Well to Triple Indonesian Output
Jun 9, 2026
Bass Oil has begun drilling the Bunian-6 oil development well at the Tangai-Sukananti KSO in Indonesia, after completing safety checks and compliance certification. The well, a low-risk development targeting the TRM3 sandstone reservoir with addit...
Bass Oil launches new Investor Centre to deepen investor engagement
Jun 2, 2026
Bass Oil Limited has launched a new online Investor Centre designed as a central hub for information on the company, including real-time access to ASX announcements, reports, presentations and videos. The platform targets both existing and prospec...
Bass Oil Sets Target Market for High-Risk Placement Options
May 29, 2026
Bass Oil Limited has issued a target market determination for options attached to a placement, outlining the characteristics of investors it deems suitable for these securities. The options, offered free to placement participants and to the lead m...
Bass Oil Launches Free Options Offer Tied to March Placement
May 29, 2026
Bass Oil Limited has lodged a prospectus with the corporate regulator detailing an offer of up to 24 million free options to participants in its March 2026 share placement, on the basis of one option for every two shares issued, exercisable at A$0...
Bass Oil weathers Cooper Basin delays as gas growth push accelerates
Apr 28, 2026
Bass Oil reported March quarter net production of 19,519 barrels, down 13.1% on the prior quarter, as heavy rains in the Cooper Basin delayed trucking and sales, though Indonesian operations remained unaffected and realised oil prices rose to abou...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.