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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 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 72.91M | 72.72M | 45.60M | 0.00 | 0.00 | 0.00 |
| Gross Profit | -619.00K | 3.46M | 20.55M | -1.07M | -1.16M | -324.00K |
| EBITDA | 64.83M | 43.53M | 9.17M | -13.45M | -10.44M | -81.00K |
| Net Income | -154.11M | -157.33M | 8.58M | -18.36M | -15.73M | 6.78M |
Balance Sheet | ||||||
| Total Assets | 541.91M | 426.63M | 527.19M | 341.87M | 158.75M | 164.08M |
| Cash, Cash Equivalents and Short-Term Investments | 69.48M | 41.09M | 38.91M | 129.04M | 13.90M | 74.72M |
| Total Debt | 110.44M | 80.80M | 23.90M | 30.73M | 18.46M | 6.05M |
| Total Liabilities | 171.52M | 130.16M | 74.75M | 55.03M | 41.87M | 25.96M |
| Stockholders Equity | 370.39M | 296.47M | 452.44M | 286.85M | 116.87M | 138.13M |
Cash Flow | ||||||
| Free Cash Flow | -98.44M | -44.39M | -77.12M | -79.66M | -62.53M | -28.82M |
| Operating Cash Flow | 26.84M | 42.61M | 21.59M | -12.17M | -9.19M | 2.98M |
| Investing Cash Flow | -128.46M | -91.79M | -98.71M | 68.24M | -63.78M | -41.92M |
| Financing Cash Flow | 140.56M | 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 |
|---|---|---|---|---|---|---|---|
69 Neutral | AU$390.62M | 31.17 | 16.49% | 14.63% | -4.57% | -52.65% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
52 Neutral | AU$1.01B | -14.53 | -14.41% | ― | ― | ― | |
50 Neutral | AU$161.52M | -64.29 | -4.74% | ― | ― | 70.00% | |
49 Neutral | AU$157.44M | 44.00 | 1.40% | ― | ― | ― | |
49 Neutral | AU$342.12M | -13.48 | -13.47% | ― | ― | ― | |
45 Neutral | AU$349.14M | -1.83 | -42.02% | ― | 59.48% | -1714.71% |
Strike Energy Limited Corporate Events
Strike Energy has highlighted a draft determination by Western Australia’s Economic Regulation Authority proposing a Benchmark Reserve Capacity Price of $491,700 per megawatt per year for the 2028/29 capacity year, a 36% uplift on the current benchmark, reflecting higher new-entrant costs and the growing value of dispatchable generation as the SWIS moves away from coal. While the BRCP is only a benchmark and final capacity payments will depend on market supply–demand conditions, Strike’s 85 MW South Erregulla peaking gas plant is already accredited within the Reserve Capacity Mechanism for 2026/27 and 2027/28, and the company expects full certification for 2028/29, viewing the higher proposed benchmark as a supportive signal for new firming assets and confirming the project remains on track for targeted completion on 1 October 2026.
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 reported continued operational progress in the December quarter, with its South Erregulla 85 MW Peaking Gas Power Project 72% complete and on schedule for targeted completion in October 2026, underpinned by strong safety performance and key construction milestones across the power station and transmission infrastructure. At its Walyering field, the company produced 1.59 PJ of gas and condensate, generating $16.6 million in gas sales revenue, installed a new heat exchanger to defer compression requirements, and implemented a value-optimisation strategy that reduced own production to 10 TJ/day while relying more on third-party gas purchases to meet firm contracts, contributing to relatively stable sales volumes and revenues despite lower production and a substantial drawdown in cash and undrawn debt as Strike advances its Perth Basin growth pipeline.
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 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.