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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 |
|---|---|---|---|---|---|---|---|
| ― | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
| ― | AU$317.38M | 16.81 | 16.49% | 14.63% | -4.57% | -52.65% | |
| ― | AU$395.93M | ― | -42.02% | ― | 59.48% | -1714.71% | |
| ― | AU$137.59M | -54.76 | -4.74% | ― | ― | 70.00% | |
| ― | $177.12M | 49.50 | 1.40% | ― | ― | ― | |
| ― | AU$728.55M | -10.05 | ― | ― | ― | ― |
Strike Energy Limited Corporate Events
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.
Strike Energy Limited has announced the quotation of 14,258,421 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective September 25, 2025. This move is part of a previously announced transaction, indicating the company’s ongoing efforts to enhance its financial position and market presence, potentially impacting its operational capabilities and stakeholder interests.
The most recent analyst rating on (AU:STX) stock is a Buy with a A$0.15 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 successfully completed the second tranche of its strategic placement to Carnarvon Energy and a share purchase plan, raising a total of approximately A$36.05 million before costs. The funds will be used for the completion of the South Erregulla project, upstream field development for West Erregulla, exploration wells, and general corporate purposes, potentially enhancing the company’s operational capabilities and market position.
The most recent analyst rating on (AU:STX) stock is a Buy with a A$0.15 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 the quotation of 1,142,482 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective from September 19, 2025. This move is part of the company’s strategic efforts to enhance its financial flexibility and support its ongoing projects, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:STX) stock is a Buy with a A$0.15 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 the issuance of 1,142,482 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, reflecting the company’s strategy to incentivize and retain key personnel, which could impact its operational efficiency and stakeholder engagement.
The most recent analyst rating on (AU:STX) stock is a Buy with a A$0.15 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 that its 2025 Annual General Meeting (AGM) will be held on November 13, 2025. The company has also set a deadline for director nominations, which must be submitted by September 24, 2025. This announcement outlines key dates for stakeholders and emphasizes the company’s adherence to ASX listing rules, potentially impacting its governance and stakeholder engagement.
The most recent analyst rating on (AU:STX) stock is a Buy with a A$0.15 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 that all resolutions proposed at its Extraordinary General Meeting were successfully passed. This includes the ratification of prior share issues and approvals for new share issuances, which are expected to strengthen the company’s financial position and support its strategic initiatives.
The most recent analyst rating on (AU:STX) stock is a Buy with a A$0.15 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 Extraordinary General Meeting highlighted a strategic investment by Carnarvon Energy, marking a pivotal moment for the company. The $89 million investment not only strengthens Strike’s financial position but also endorses its portfolio quality. This funding will support key projects like South Erregulla and West Erregulla, aiming for significant developments by 2026. Despite recent market sentiment affected by a reserves downgrade at Walyering, Strike remains focused on long-term value creation with multiple near-term catalysts.
The most recent analyst rating on (AU:STX) stock is a Buy with a A$0.15 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, specifically involving John Poynton. An off-market transfer of 1,272,727 fully paid ordinary shares was made to HSBC Custody Nominees (Australia) Ltd as custodian for Equities First Holdings LLC. This transfer is part of a Master Loan Agreement and Deed of Security, with no change in beneficial ownership. This move reflects the company’s strategic financial management and could impact stakeholder perceptions regarding the company’s financial arrangements.
The most recent analyst rating on (AU:STX) stock is a Buy with a A$0.15 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 completion of an independent certification by RISC Advisory for its Ocean Hill and Ocean Hill South resources. The certification, following a 3D seismic survey, revealed 2C Contingent Resources of 180 PJ and unrisked 2U Prospective Resources of 190 PJ at Ocean Hill, with an additional 678 PJ at Ocean Hill South. This update underscores the significant potential of Strike’s Perth Basin portfolio, enhancing its market positioning and offering a clear pathway to market via the Dampier to Bunbury Natural Gas Pipeline.
The most recent analyst rating on (AU:STX) stock is a Buy with a A$0.15 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 significant downgrade in its gas reserves at the Walyering gas field following an annual review. The company reported a decrease in 1P and 2P sales gas reserves due to production data from FY25, leading to an impairment of oil and gas assets valued between A$85m to A$108m. Additionally, the Walyering-7 well underperformed expectations, impacting overall productivity. Strike plans to drill the Walyering West-1 exploration well in 2026, which could potentially enhance its resource base.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.20 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 Share Purchase Plan (SPP) aimed at raising approximately $10 million, with the possibility of accepting oversubscriptions up to an additional $5 million. The funds from the SPP and a strategic placement with Carnarvon Energy Limited will be used for various development projects and corporate purposes, potentially impacting the company’s operational capacity and market positioning.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.20 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 the appointment of William Barker as a new director, effective from August 4, 2025. This appointment is part of the company’s strategic efforts to strengthen its leadership team, although Barker currently holds no securities or interests in the company. The announcement is expected to enhance the company’s governance and potentially influence its strategic direction, impacting stakeholders positively.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.20 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 Share Purchase Plan aimed at raising $10 million, with Carnarvon Petroleum potentially increasing its stake to 19.99% following the plan’s completion. This move is expected to strengthen Strike’s financial position and could have significant implications for its market strategy and stakeholder interests.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.20 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 the release of its quarterly report for the June 2025 quarter, scheduled for July 30, 2025. The report will be presented by the company’s Managing Director and CEO, Peter Stokes, along with CFO Tim Cooper, during a webinar that will include a Q&A session. This announcement is a routine update for stakeholders, providing insights into the company’s financial performance and operational progress.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.20 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 the issuance of 430,157,416 fully paid ordinary shares to Carnarvon Energy Limited as part of a two-tranche placement. Additionally, Strike is preparing to launch a share purchase plan (SPP) for eligible shareholders, expected to open on 8 August 2025. This move is part of Strike’s strategic financial initiatives to strengthen its capital base and enhance its market positioning.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.20 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 the quotation of 430,157,416 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective July 25, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.