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GAS Stock Chart & Stats
AU$0.02
<AU$0.01(2.63%)
At close: 4:00 PM EST
AU$0.02
<AU$0.01(2.63%)
Day’s Range― - ―
52-Week RangeAU$0.01 - AU$0.05
Previous CloseN/A
Volume25.40K
Average Volume (3M)821.79K
Market Cap
AU$7.10M
Enterprise ValueAU$10.92M
Total Cash (Recent Filing)AU$481.68K
Total Debt (Recent Filing)AU$4.71M
Price to Earnings (P/E)―
Beta1.27
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding507,228,700
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 / Stronger Balance SheetA low debt-to-equity ratio provides financial resilience across commodity cycles. It preserves capacity to fund exploration or development, reduces near-term refinancing risk, and gives management strategic flexibility to pursue JV farm-outs or staged capex without immediate pressure to deleverage.
Sustained Market LiquidityA 3-month average volume above one million shares indicates usable market liquidity for an ASX E&P. Sustained liquidity supports the company’s ability to raise equity or execute secondary transactions with lower price impact, enabling access to capital when cash flow is negative.
Asset-backed E&P Business ModelOperating in Oil & Gas E&P means the business is anchored by tangible reserves and infrastructure. With those asset characteristics and low leverage noted above, the company retains long-term optionality to monetize resources and benefit from eventual commodity recoveries or strategic asset sales.
Bears Say
Negative Operating And Free Cash FlowPersistent negative operating and free cash flow erode liquidity and force reliance on external financing for exploration and development. Over months, cash burn constrains project timelines, increases dilution risk from equity raises, and limits the company’s ability to self-fund value-accretive opportunities.
Ongoing Losses And Negative MarginsSustained negative EBIT and net margins indicate operations are not yet profitable at scale. This reduces retained earnings available for reinvestment, weakens resilience to prolonged downturns, and makes it harder to demonstrate project economics necessary to secure partner funding or favorable commercial terms.
Negative Return On EquityA negative ROE signals shareholder capital is being consumed rather than deployed to generate returns. Over time this undermines investor confidence, raises the effective cost of capital, and complicates fundraising or M&A, as potential partners demand greater compensation for risk.
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$0.01 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$7.10M.
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 67 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 507,228,700 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
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10
Blogger Sentiment
Bullish
AU:GAS Sentiment 67%
Sector Average 65%
Sector Average 65%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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 is an Australian firm dedicated to the exploration and subsequent development of natural gas reserves. Its principal endeavors include the Reid's Dome gas project, which encompasses production lease 231, and the Rolleston-West project, an expansive area covering approximately 1,595 square kilometers. Both these key initiatives are strategically situated within Central Queensland's Bowen Basin. Established in 2017, State Gas Limited maintains its corporate headquarters in Brisbane, Australia.
Technical Analysis
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