State Gas Ltd. (AU:GAS)
ASX:GAS
Want to see AU:GAS full AI Analyst Report?
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$6.11M
Enterprise ValueAU$10.92M
Total Cash (Recent Filing)AU$481.68K
Total Debt (Recent Filing)AU$4.71M
Price to Earnings (P/E)―
Beta1.41
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding436,303,440
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 StrengthA low debt-to-equity ratio gives State Gas durable financial flexibility to fund exploration and weather commodity cycles. Over months this reduces refinancing risk, preserves optionality for capex or opportunistic M&A, and supports continuity despite operating losses.
Industry Exposure: Oil & Gas E&POperating in oil and gas exploration & production provides enduring exposure to global energy demand and long-lived asset values. Structural commodity cycles can restore cash generation and asset valuations over months, offering potential upside if exploration or production ramps.
Noted Revenue GrowthEven modest, sustained revenue growth indicates progressing commercial activity or project development. Over several months continued top-line improvement can enable operating leverage, improve margins if costs are controlled, and form the base for a durable path toward profitability.
Bears Say
Persistent UnprofitabilityOngoing negative net profit and EBIT margins are a structural concern: prolonged unprofitability erodes equity and limits reinvestment. Without a clear medium-term turnaround, the company will likely need external capital, increasing dilution risk and constraining strategic initiatives.
Negative Operating And Free Cash FlowNegative operating and free cash flow mean the business currently burns cash to support operations and projects. Over a multi-month horizon this forces reliance on financing or asset disposals, reducing execution flexibility and raising the risk of interrupted development programs.
Negative Return On EquityA negative ROE signals that invested capital is not producing returns and reflects inefficient capital deployment. Persisting ROE weakness will impair investor confidence, increase the cost of future funding, and limit the company's ability to finance growth without diluting shareholders.
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$6.11M.
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 89 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 436,303,440 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
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Neutral
AU:GAS Sentiment 50%
Sector Average 69%
Sector Average 69%
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
Australis Oil & Gas
―
QEM Limited
―
Vintage Energy Ltd.
―
Bass Oil Ltd
―
Triangle Energy (Global) Limited
―
Options Prices
Currently, No data available
---