Bass Oil Ltd (BAS) AI Stock Analysis

• Market Cap: AU$10.22M
• Dividend Yield: N/A
• Average Volume (3M): 422.79K
• Price to Earnings (P/E): 56.7
• Beta (1Y): 0.28
• 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: 382,007
• 30 Day Avg. Volume: 422,786
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: Hold
• Number of Analyst Covering: 0

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

The overall stock score reflects significant financial challenges, with declining revenue and profitability being the primary concerns. Technical analysis shows minor positive momentum, but valuation metrics indicate overvaluation due to negative earnings. The absence of earnings call and corporate events data limits further insights.

Bass Oil Ltd Business Overview & Revenue Model

Company Description

Bass Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas. It primarily holds a 55% interest in the Tangai-Sukananti KSO production assets located in South Sumatra, Indonesia. The company was formerly known as Bass Strait Oil Company Ltd and changed its name to Bass Oil Limited in March 2017. Bass Oil Limited was incorporated in 1965 and is based in Melbourne, Australia.

How the Company Makes Money

Bass Oil Ltd generates revenue through the exploration, development, and production of oil and gas resources. The company sells oil and gas extracted from its assets to domestic and international markets. Key revenue streams include the sale of crude oil and natural gas, which are distributed to refineries and other end-users. Additionally, the company may engage in joint ventures and partnerships with other energy companies to enhance its operational capabilities and share the risks and rewards associated with exploration and production activities. These collaborations can also provide financial and technical support, contributing to Bass Oil Ltd's earnings.

Bass Oil Ltd Financial Statement Overview

Summary

Bass Oil Ltd faces financial headwinds due to declining revenue and profitability. Despite maintaining a solid equity position and low leverage, challenges in cash flow management persist, highlighting the need for improved operational efficiency and cash flow generation.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.71M	6.62M	5.79M	2.98M	3.21M
Gross Profit	1.58M	2.47M	2.70M	1.09M	713.64K
EBITDA	-122.93K	735.75K	1.52M	-144.93K	12.10K
Net Income	-393.83K	269.78K	42.59K	-601.61K	-499.83K
Balance Sheet
Total Assets	11.37M	11.38M	11.35M	5.02M	3.88M
Cash, Cash Equivalents and Short-Term Investments	619.63K	935.91K	1.48M	1.49M	95.64K
Total Debt	83.60K	156.53K	62.89K	19.72K	82.07K
Total Liabilities	4.38M	4.57M	4.80M	1.92M	1.98M
Stockholders Equity	6.99M	6.81M	6.55M	3.10M	1.91M
Cash Flow
Free Cash Flow	-1.06M	259.60K	-1.74M	-246.06K	-505.01K
Operating Cash Flow	508.77K	954.80K	231.89K	-170.06K	-103.64K
Investing Cash Flow	-1.69M	-1.47M	-3.54M	-81.84K	-401.37K
Financing Cash Flow	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: Negative
• MACD: Negative
• 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 above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.77 is Neutral, neither overbought nor oversold. The STOCH value of 62.56 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
ATS	54 Neutral	AU$11.22M	-1.37	-18.05%	―	-13.55%	-8.96%
BAS	51 Neutral	AU$10.22M	56.67	-3.11%	―	7.09%	-275.00%
VEN	44 Neutral	AU$10.43M	-4.00	―	―	-9.56%	87.68%
GAS	41 Neutral	AU$11.79M	-2.27	―	―	―	-73.68%
QEM	39 Underperform	AU$5.67M	-3.75	―	―	―	79.49%
AXP	38 Underperform	AU$8.36M	―	―	―	-91.48%	30.00%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

Bass Oil Ltd Corporate Events

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.

Bass Oil Advances Gas Production Strategy with Vanessa Acquisition

In its quarterly report for the period ending June 30, 2025, Bass Oil Limited announced significant progress in its strategic aim to become a gas producer by acquiring a 100% interest in the Vanessa gas field and associated infrastructure at no cash cost. The acquisition is expected to advance the company’s commercialisation efforts for its deep coal gas resource, positioning Bass for future growth as a mid-tier oil and gas producer. The quarter also saw oil sales of A$1.69 million, with production averaging 234 barrels of oil per day. Despite a decline in oil prices, the company increased its cash reserves by 79% compared to the previous quarter, and raised $925,180 through a Non-Renounceable Rights Issue.

Bass Oil Limited Reports Increased Production and Strategic Acquisition

Bass Oil Limited reported a 2% increase in total sales revenue for June, with a total monthly production of 7,220 barrels, marking a 4% rise. The company is progressing with regulatory approvals to acquire a 100% interest in the Vanessa gas field, which is expected to enable first gas sales into the east coast gas market, potentially enhancing reserve growth and commercializing deep coal resources.

Bass Oil Limited’s BASO Options Reinstated on ASX

Bass Oil Limited has announced that its security class code BASO will be reinstated to quotation on the ASX as of June 27, 2025. This reinstatement applies solely to the BASO options and does not affect any other securities of the company, potentially impacting its market operations and investor engagement.

Bass Oil Ltd Announces Director’s Interest Change

Bass Oil Ltd has announced a change in the director’s interest, specifically involving Giustino Guglielmo. The change includes the acquisition of 5,625,000 fully paid ordinary shares and 2,812,500 unlisted options by Miller Anderson Pty Ltd, a company associated with Mr. Guglielmo. This change is part of the company’s 1 for 3 non-renounceable rights issue, which could potentially impact the company’s market positioning and shareholder value.

Bass Oil Ltd Director Increases Stake Through Rights Issue

Bass Oil Ltd has announced a change in the director’s interest, specifically for Hector Mackenzie Gordon. The director acquired 519,429 fully paid ordinary shares and 259,715 unlisted options as part of the company’s 1 for 3 non-renounceable rights issue. This change reflects an increase in the director’s stake in the company, potentially indicating confidence in the company’s future prospects.

Bass Oil Director Increases Stake Through Rights Issue

Bass Oil Ltd has announced a change in the director’s interest, with Laura Ann Reed acquiring additional securities through the company’s 1 for 3 Non-Renounceable Rights Issue. This acquisition includes 135,817 fully paid ordinary shares and 67,909 unlisted options, which may impact the company’s governance and shareholder dynamics.