Strike Energy Limited (STX) AI Stock Analysis

• Market Cap: AU$377.94M
• Dividend Yield: N/A
• Average Volume (3M): 3.32M
• Price to Earnings (P/E): 57.4
• Beta (1Y): 1.36
• Revenue Growth: 59.48%
• EPS Growth: -1714.71%
• Country: AU
• Employees: 24
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 3,599,397,000
• 10 Day Avg. Volume: 2,886,196
• 30 Day Avg. Volume: 3,320,609
• PEG Ratio: <0.01
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 5.91
• P/FCF Ratio: -9.68
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.16
• Price Target Upside: 60.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 45 Neutral
• Price Target: ―

The overall stock score of 45 reflects significant financial and valuation challenges. The company's negative revenue growth, profitability issues, and liquidity constraints weigh heavily on its financial performance. Technical analysis indicates weak momentum, and the negative P/E ratio highlights valuation concerns. The absence of earnings call data and corporate events leaves these areas unaddressed.

Strike Energy Limited Business Overview & Revenue Model

Company Description

Strike Energy Limited (STX) is an Australian energy company focused on the exploration and development of natural gas resources. The company operates primarily in the oil and gas sector, with a particular emphasis on delivering sustainable energy solutions. Strike Energy is engaged in the production of natural gas, primarily from its projects in the Perth Basin, which are strategically located to supply both domestic and international markets. Through its commitment to innovative energy practices, the company aims to contribute to a lower carbon future while maximizing the value of its hydrocarbon assets.

How the Company Makes Money

Strike Energy generates revenue primarily through the exploration, extraction, and sale of natural gas. Its revenue model is centered around the production of gas from its operational projects, where it sells gas to utility companies, industrial customers, and on the spot market. Key revenue streams include long-term gas supply agreements and contracts with major energy consumers, as well as sales from its production activities. Additionally, the company may benefit from joint ventures and partnerships with other energy firms, enabling shared resources and access to new markets. Factors contributing to its earnings include fluctuating commodity prices, the demand for natural gas, and advancements in extraction technologies that lower operational costs.

Strike Energy Limited Financial Statement Overview

Summary

Strike Energy Limited faces significant financial challenges, particularly in profitability and cash flow. The income statement shows negative revenue growth and profitability margins, indicating operational inefficiencies. The balance sheet is stable with manageable leverage, but cash flow issues suggest liquidity constraints.

Income Statement

Strike Energy Limited's income statement shows significant volatility. The company experienced a substantial decline in revenue growth, with a negative growth rate of -77% in the latest year. Gross profit margin is low at 4.76%, and the net profit margin is deeply negative at -216.36%, indicating challenges in profitability. The EBIT margin is also negative, reflecting operational inefficiencies. However, the EBITDA margin is relatively strong at 59.86%, suggesting some operational cash flow strength.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.27, indicating manageable leverage. However, the return on equity is negative at -53.07%, highlighting profitability issues. The equity ratio stands at 69.47%, suggesting a strong equity base relative to total assets. Overall, the balance sheet shows stability in terms of leverage but struggles with profitability.

Cash Flow

Cash flow analysis indicates challenges with free cash flow, which is negative and has declined by 16.06% recently. The operating cash flow to net income ratio is positive at 1.53, suggesting some ability to generate cash from operations. However, the free cash flow to net income ratio is negative, reflecting cash flow difficulties. Overall, the cash flow position is weak, with significant room for improvement.

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

• Technical Analysis Sentiment: Negative
• Last Price: 0.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:STX, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.11, and below the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.83 is Neutral, neither overbought nor oversold. The STOCH value of 0.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:STX.

Strike Energy Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HZN	72 Outperform	$358.07M	18.97	16.49%	17.34%	-4.57%	-52.65%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
COI	47 Neutral	AU$143.57M	―	-4.74%	―	―	70.00%
CVN	47 Neutral	$175.33M	49.00	1.40%	―	―	―
STX	45 Neutral	AU$377.94M	57.35	-42.02%	―	59.48%	-1714.71%
TBN	35 Underperform	AU$375.79M	―	-10.88%	―	―	―

Strike Energy Limited Corporate Events

Strike Energy to Release Q3 FY25 Quarterly Report

Strike Energy Limited announced that it will release its quarterly report for the March 2025 quarter on April 28, 2025. The report will be presented by the Executive Director and Acting CEO, Jill Hoffmann, during a webinar, which will include a live Q&A session with analysts. This announcement signifies the company’s commitment to transparency and engagement with stakeholders.

Echelon Resources Reports Dry Well in Perth Basin

Echelon Resources Limited announced that the Becos-1 well in the Perth Basin, drilled by the EP437 joint venture, did not encounter economically viable hydrocarbons and has been plugged and abandoned. Despite the disappointing outcome, the company remains committed to evaluating the results to inform future exploration strategies. The joint venture, which includes Triangle Energy and Strike Energy, will assess the impact of this result on the prospectivity of the blocks involved. Triangle Energy, the operator, highlighted the complexities of the hydrocarbon system in the region but remains optimistic about future exploration opportunities.

Strike Energy’s Becos-1 Well Yields No Commercial Hydrocarbons

Strike Energy Limited announced that the Becos-1 exploration well in the north Perth Basin reached its total depth without discovering commercial hydrocarbons. The well, drilled under the EP437 joint venture led by Triangle Energy Global Ltd., was completed ahead of schedule and within budget, but has been plugged and abandoned due to the lack of viable hydrocarbon findings. This outcome may impact Strike Energy’s exploration strategy and its stakeholders’ expectations regarding future resource development in the region.

Triangle Energy’s Becos-1 Well Fails to Yield Economic Hydrocarbons

Triangle Energy (Global) Ltd announced that the Becos-1 exploration well in the Perth Basin did not find hydrocarbons in economically viable quantities and has been plugged and abandoned. Despite this setback, the company remains optimistic about its prospects in the region and is financially positioned to pursue future exploration and new ventures, bolstered by an expected $18 million from the sale of its Cliff Head Assets.

Triangle Energy Begins Drilling at Becos-1 Well in Perth Basin

Triangle Energy Global Ltd, in collaboration with Strike Energy Ltd and Echelon Resources Ltd, has commenced drilling the Becos-1 exploration well in the Perth Basin. The well targets the Bookara Sandstone horizon, with a prospective resource estimate ranging from 1 to 21 million barrels. The drilling aims to reach a total depth of 1,164 meters, with a geological chance of success of 20%. This development could potentially enhance Triangle Energy’s resource base and impact its market positioning in the energy sector.

Strike Energy Secures $217 Million Financing for Power Station Development

Strike Energy Limited has secured a $217 million financing package from Macquarie Bank, with $162 million already committed. This funding will be used to refinance existing debt and develop the South Erregulla Peaking Gas Power Station, where construction preparations have started. The announcement marks a significant step in Strike’s operational expansion, potentially strengthening its position in the energy market by enhancing its infrastructure capabilities.

Strike Energy Highlights Investment Risks at Euroz Hartleys Conference

Strike Energy Limited has released a presentation at the Euroz Hartleys Rottnest Conference, highlighting the company’s current activities and investment considerations. The presentation emphasizes the risks associated with investing in Strike Energy, including market volatility and uncertainties related to future operations. Stakeholders are advised to conduct thorough due diligence and seek professional advice before making investment decisions.

Strike Energy Reports Strong Operational Performance and Key Milestones in FY25 Half-Year Results

Strike Energy Limited reported a strong operational performance in its half-year financial results for FY25, with significant milestones including the final investment decision for the South Erregulla gas power station and a major gas discovery at Erregulla Deep-1. The company generated $35.8 million in sales revenue from gas and condensate production, maintaining low production costs. Despite a reported underlying loss after tax, the company is advancing its Gas Acceleration Strategy, supported by a financing package from Macquarie Bank, and is poised to capitalize on opportunities presented by Western Australia’s relaxed export ban.

Strike Energy Limited Releases Half-Year Financial Report

Strike Energy Limited has released its financial report for the half-year ended 31 December 2024. The report includes various financial statements and declarations, providing insights into the company’s financial performance over the period. This release is crucial for stakeholders as it offers a comprehensive view of the company’s financial health and operational efficiency, potentially impacting investment decisions and market positioning.

Strike Energy Announces Cessation of Securities

Strike Energy Limited announced the cessation of 6,037,483 performance rights, which were canceled by mutual agreement between the entity and the holder as of February 14, 2025. This announcement may indicate strategic adjustments in the company’s capital management and could have implications for its financial structuring and stakeholder interests.