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Strike Energy Limited
(Sydney:STX)
Strike Energy Limited (STX) vs. iShares MSCI Australia ETF (EWA)
Strike Energy Limited Business Overview & Revenue Model
Strike Energy Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 72.72M | 72.72M | 45.60M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 3.46M | 3.46M | 20.55M | -1.07M | -1.16M | -324.00K |
| EBITDA | 43.53M | 43.53M | 9.17M | -13.45M | -10.44M | -81.00K |
| Net Income | -157.33M | -157.33M | 8.58M | -18.36M | -15.73M | 6.78M |
Balance Sheet | ||||||
| Total Assets | 426.63M | 426.63M | 527.19M | 341.87M | 158.75M | 164.08M |
| Cash, Cash Equivalents and Short-Term Investments | 41.09M | 41.09M | 38.91M | 129.04M | 13.90M | 74.72M |
| Total Debt | 80.80M | 80.80M | 23.90M | 30.73M | 18.46M | 6.05M |
| Total Liabilities | 130.16M | 130.16M | 74.75M | 55.03M | 41.87M | 25.96M |
| Stockholders Equity | 296.47M | 296.47M | 452.44M | 286.85M | 116.87M | 138.13M |
Cash Flow | ||||||
| Free Cash Flow | -44.39M | -44.39M | -77.12M | -79.66M | -62.53M | -28.82M |
| Operating Cash Flow | 42.61M | 42.61M | 21.59M | -12.17M | -9.19M | 2.98M |
| Investing Cash Flow | -91.79M | -91.79M | -98.71M | 68.24M | -63.78M | -41.92M |
| Financing Cash Flow | 53.03M | 53.03M | -13.17M | 59.21M | 12.25M | 92.07M |
Strike Energy Limited Technical Analysis
Strike Energy Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | AU$333.66M | 17.67 | 16.49% | 14.63% | -4.57% | -52.65% | |
53 Neutral | AU$161.52M | -64.29 | -4.74% | ― | ― | 70.00% | |
51 Neutral | AU$855.38M | -10.05 | -14.41% | ― | ― | ― | |
50 Neutral | AU$153.86M | 43.00 | 1.40% | ― | ― | ― | |
45 Neutral | AU$377.94M | -1.91 | -42.02% | ― | 59.48% | -1714.71% |
Strike Energy Limited Corporate Events
Strike Energy has postponed the release of its updated reserves and resources certification for the West Erregulla and Erregulla Deep projects, shifting the expected completion to the first quarter of 2026. The company said additional time is needed to finalise an independent review and ensure its disclosures are robust, defensible and compliant with Petroleum Resource Management System best-practice standards, stressing that the delay does not reflect any adverse technical outcomes and is subject to internal governance and joint venture approvals.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has disclosed a change in the interests of non-executive director Mary Hackett, whose indirect holding is via Segocia Pty Ltd. On 15 December 2025, 5,000,000 unlisted options held indirectly by Hackett expired unexercised and were cancelled, leaving her with an unchanged indirect holding of 828,389 fully paid ordinary shares. The transaction did not occur during a closed trading period and required no consideration, reflecting a routine expiry of incentive securities rather than an active divestment, but it reduces Hackett’s option-based exposure to future equity upside in the company.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has disclosed a change in director Stephen Bizzell’s relevant interests in the company’s securities, reporting the expiry and cancellation of 5,000,000 unlisted options that were held indirectly through BCP Alpha Investments Pty Ltd. Following the lapse of these options, Bizzell’s indirect interests now comprise only fully paid ordinary shares held via trustee and custodian arrangements, a development that slightly simplifies the director’s equity exposure and removes a sizeable tranche of potential future dilution from the company’s capital structure.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has reported a change in director Neville Power’s holdings, with no impact on his substantial indirect shareholding in the company. Power previously held 23,719,885 fully paid ordinary shares and 6,000,000 unlisted options through the Myube Trust, an entity he controls. The company disclosed that all 6,000,000 unlisted options, which carried an exercise price of $0.40 and were due to expire on 24 November, have lapsed unexercised and been cancelled, leaving Power’s indirect interest solely in fully paid shares. The transaction did not involve any trading during a closed period and required no consideration, indicating a routine expiry rather than an active divestment, and suggests no immediate change in the director’s equity exposure to the company’s share price performance.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has reported a change in the interests of director John Poynton, with the expiry and cancellation of 7 million unlisted options that were previously held indirectly via Cliffway Pty Ltd and carried an exercise price of $0.40. Following the lapse of these options without exercise, Poynton’s indirect interests now consist solely of fully paid ordinary shares, including those held under HSBC Custody Nominees (Australia) Ltd, while there has been no change to the separate margin lending facility secured over shares held by Mulloway Pty Ltd, indicating a simplification of his equity exposure without altering existing security arrangements.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited announced a change in the director’s interest, with Peter Stokes acquiring 7,860,661 unlisted performance rights. This acquisition, part of a long-term incentive and on-boarding performance plan, reflects the company’s commitment to aligning leadership incentives with its strategic goals.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited held its Annual General Meeting on November 13, 2025, where several resolutions were voted on by shareholders. Notably, the adoption of the Remuneration Report faced significant opposition, receiving more than 25% of votes against it, marking a first strike under the Corporations Act. Other resolutions, including the re-election and election of directors, approval of a selective buy-back of performance shares, and the employee share incentive plan, were carried. However, the proposal for termination benefits for senior executives was not carried.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has released its ESG Report for 2025, emphasizing its commitment to sustainability and respectful engagement with indigenous communities. The report outlines the company’s strategies and objectives, highlighting its focus on maintaining positive, long-term relationships and acknowledging the cultural significance of the lands where it operates.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited’s subsidiary, Talon (L7) Pty Ltd, is facing legal proceedings initiated by Triangle Energy Onshore Pty Ltd in the Supreme Court of Western Australia. The dispute involves Talon L7’s withdrawal from a Joint Operating Agreement and obligations under a Farmout Agreement related to Production Licence L7(R1) and Exploration Licence EP 437. Triangle Energy is seeking damages of $3,838,780. Talon L7 plans to defend the proceedings vigorously, and Strike Energy will keep its security holders informed of any significant developments.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has completed the workover of the South Erregulla-1 well and is progressing with the construction of the 85 MW South Erregulla Peaking Gas Power Station, targeting completion by October 2026. The company has announced a Reserve Capacity Price of $360,700 per MW for the 2027/28 Capacity Year, expected to generate significant capacity revenue. Additionally, Strike has certified 180 PJ of 2C Contingent Resource at Ocean Hill and received a strategic investment of $86 million from Carnarvon Energy to support its growth initiatives. The Western Australian gas market is experiencing temporary supply increases, but long-term demand is expected to rise, benefiting Strike’s strategic positioning.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited announced the release of its quarterly report for the September 2025 quarter, scheduled for October 29, 2025. The report will be presented in a webinar hosted by the company’s Managing Director and CEO, Peter Stokes, along with CFO Tim Cooper. The event will include a Q&A session, and a recording will be available on the company’s website, indicating Strike’s commitment to transparency and stakeholder engagement.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited addressed a query from the ASX regarding a late lodgement of a Change of Director’s Interest Notice. The delay was attributed to an administrative oversight, and the company has assured that its current processes are sufficient to prevent future occurrences. This response is crucial for maintaining compliance with ASX listing rules, which is vital for the company’s operational transparency and stakeholder trust.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has announced significant progress in its South Erregulla Peaking Power Plant project, with the arrival and installation of the first Jenbacher engines marking a key milestone. The project aims to deliver 85 MW of power to Western Australia’s primary electricity grid by October 2026. The company is also preparing for substantial revenue from the Reserve Capacity Mechanism, with expected Capacity Credit payments providing a stable income stream. The anticipated increase in the Reserve Capacity Price for the 2027/28 Capacity Year highlights the project’s potential financial impact.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has announced its 2025 Annual General Meeting (AGM) scheduled for November 13, 2025, to be held in a hybrid format. Shareholders can attend in person at the Parmelia Hilton Perth or virtually via the Lumi Platform, with all voting conducted online. This approach allows for broader participation and engagement, reflecting the company’s commitment to accessibility and modern governance practices.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has announced a change in the director’s interest, with Neville Joseph Power acquiring 500,000 fully paid ordinary shares through a Share Purchase Plan (SPP). This acquisition increases Power’s total indirect holdings to 23,719,885 shares, reflecting a strategic move to strengthen his investment in the company, potentially signaling confidence in the company’s future prospects.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has completed the issuance of 286,122,569 fully paid ordinary shares to Carnarvon Energy Limited as part of the second tranche of a previously announced placement. This strategic move, approved by shareholders, is expected to enhance Strike’s financial position and operational capacity, potentially impacting its market standing and stakeholder interests positively.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has released its 2025 Corporate Governance Statement, highlighting its adherence to ASX Corporate Governance Council recommendations. The company emphasizes strong governance practices, including board and management roles, director appointments, and diversity initiatives. The statement outlines the company’s efforts to maintain a diverse workforce, with specific objectives for gender diversity and flexible working arrangements. These measures are intended to strengthen organizational capabilities and foster innovation, ultimately enhancing the company’s market position and stakeholder value.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
Strike Energy Limited has released its annual report for the financial year ending June 30, 2025, highlighting several key developments. The company has undergone a leadership transition with the appointment of Peter Stokes as Managing Director & CEO and Tim Cooper as CFO. A strategic review has been completed, focusing on a vertically integrated gas and power strategy. Major milestones include the commencement of construction on the South Erregulla Peaking Gas Power Station and a new gas discovery at Erregulla Deep-1. Despite a net loss after tax due to an impairment at Walyering, the company reported strong financial performance with increased sales revenue and a significant financing package secured. The strategic investment from Carnarvon Energy underscores the potential of Strike’s asset base and future development opportunities, positioning the company as a key player in Western Australia’s energy transition.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.