State Gas Ltd. (AU:GAS)
ASX:GAS
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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$10.38M
Enterprise ValueAU$14.97M
Total Cash (Recent Filing)AU$481.68K
Total Debt (Recent Filing)AU$4.71M
Price to Earnings (P/E)―
Beta1.52
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding399,053,400
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 / Balance Sheet StabilityA low debt-to-equity ratio provides structural financial flexibility for an E&P company, lowering refinancing/default risk and preserving capacity to fund exploration or development cycles over months. This supports durability while operating cash flow remains weak.
Revenue TractionRecorded revenue growth indicates initial commercial traction or higher sales realization, a durable positive sign for an exploration/production company. Sustained top-line expansion is a prerequisite for eventual margin recovery and long-term viability if maintained.
Trading LiquiditySustained average trading volume around 660k shares supports market liquidity, making capital raises and secondary issuance more practical and less disruptive. Good liquidity improves investor access and reduces execution frictions over the medium term.
Bears Say
Ongoing Losses / Weak MarginsPersistent negative net profit and EBIT margins mean the business is not yet generating operating profits; over months this undermines internal funding, increases reliance on external capital, and raises execution risk for development plans.
Negative Operating And Free Cash FlowNegative operating and free cash flow indicate the core business is consuming cash rather than generating it. This structural cash burn forces ongoing financing needs, elevating dilution or liquidity risk and constraining the ability to invest in growth without new capital.
Negative Return On EquityA negative ROE signals the company is eroding shareholder value and failing to convert equity into profitable returns. Over the medium term this can limit access to equity capital and pressure strategic options until profitability and margins turn positive.
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$10.38M.
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 152 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 399,053,400 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
Underperform
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10
Blogger Sentiment
Bullish
AU:GAS Sentiment 66%
Sector Average 73%
Sector Average 73%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.73%
12-Months-Change
Fundamentals
Return on Equity
-5.53%
Trailing 12-Months
Asset Growth
1.27%
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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