State Gas Ltd. (AU:GAS)
ASX:GAS
GAS Stock Chart & Stats
AU$0.03
<AU$0.01(2.63%)
At close: 4:00 PM EST
AU$0.03
<AU$0.01(2.63%)
Day’s Range― - ―
52-Week RangeAU$0.02 - AU$0.05
Previous CloseN/A
Volume25.40K
Average Volume (3M)821.79K
Market Cap
AU$11.03M
Enterprise ValueAU$15.26M
Total Cash (Recent Filing)AU$481.68K
Total Debt (Recent Filing)AU$4.71M
Price to Earnings (P/E)―
Beta1.78
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding393,975,860
10 Day Avg. Volume700,042
30 Day Avg. Volume821,792
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.18
Price to Sales (P/S)68.44
P/FCF Ratio-0.87
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
Bulls Say, Bears Say
Bulls Say
Low Leverage / Conservative Balance SheetA low debt-to-equity profile reduces default and refinancing risk and gives the company structural resilience through commodity cycles. Over a multi-month horizon this conservatism supports funding of exploration or working capital without immediate distress, preserving optionality.
Industry Exposure: Oil & Gas E&POperating in oil and gas exploration & production gives structural exposure to commodity-driven value creation. Over 2-6 months, firms with acreage or discovered resources can capture upside from cyclical commodity improvements and monetize assets, a durable industry dynamic.
Balance Sheet Supports Capital FlexibilityRelative low leverage improves the company’s ability to raise capital or pursue asset-level investments without exacerbating solvency risk. This durable flexibility helps fund exploration, joint ventures or bridging cash shortfalls during protracted operational losses.
Bears Say
Ongoing Losses And Weak MarginsPersistent negative EBIT and net margins signal the company is not yet generating operating profitability. Over months this undermines internal funding, reduces retained earnings, and means growth or discovery must translate to materially higher margins before shareholder value is created.
Negative Operating And Free Cash FlowSustained negative operating and free cash flow forces reliance on external financing or asset sales to fund operations and capex. This structural cash deficit increases dilution or leverage risk and constrains the company’s ability to invest in long‑term value-driving projects.
Negative Return On EquityA persistent negative ROE shows the business is destroying, not creating, shareholder value. Over a medium-term horizon this reduces access to attractive capital, stresses investor confidence, and implies operational or structural issues must be resolved to restore returns.
State Gas Ltd. News
GAS FAQ
What was State Gas Ltd.’s price range in the past 12 months?
State Gas Ltd. lowest share price was AU$0.02 and its highest was AU$0.05 in the past 12 months.
What is State Gas Ltd.’s market cap?
State Gas Ltd.’s market cap is AU$11.03M.
When is State Gas Ltd.’s upcoming earnings report date?
State Gas Ltd.’s upcoming earnings report date is Sep 24, 2026 which is in 172 days.
How were State Gas Ltd.’s earnings last quarter?
State Gas Ltd. released its earnings results on Mar 16, 2026. The company reported -AU$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.003.
Is State Gas Ltd. overvalued?
According to Wall Street analysts State Gas Ltd.’s price is currently Overvalued.
Does State Gas Ltd. pay dividends?
State Gas Ltd. does not currently pay dividends.
What is State Gas Ltd.’s EPS estimate?
State Gas Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does State Gas Ltd. have?
State Gas Ltd. has 393,975,860 shares outstanding.
What happened to State Gas Ltd.’s price movement after its last earnings report?
State Gas Ltd. reported an EPS of -AU$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 6.452%.
Which hedge fund is a major shareholder of State Gas Ltd.?
Currently, no hedge funds are holding shares in AU:GAS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
State Gas Ltd. Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.73%
12-Months-Change
Fundamentals
Return on Equity
-7.60%
Trailing 12-Months
Asset Growth
5.98%
Trailing 12-Months
Company Description
State Gas Ltd.
State Gas Limited engages in the exploration and development of gas fields in Australia. Its flagship projects are the Reid's Dome gas project comprising the production lease 231 permit and the Rolleston-West project covering an area of approximately 1,595 square kilometers located in the Bowen Basin in Central Queensland. The company was incorporated in 2017 and is headquartered in Brisbane, Australia.
Technical Analysis
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